02 Oct 2020 - The Aussie dollar has toppled, and US futures are looking bleak after confirmation that President Donald Trump and First Lady Melania Trump have contracted Covid-19. The session ended 1.4% lower as investors digested what the inevitable instability and uncertainty would mean for the Aussie market. All of the sectors finished in the red.
02 Oct 2020 - The Australian share market opened lower and continued to sink in early trade. Most of the sectors have lost ground this morning, with energy stocks weighing heaviest on the market. Shares in regenerative medicine darling Mesoblast (ASX:MSB) tumbled around 40% this morning after news that the US FDA approval for its lead drug candidate was not going to be the smooth sailing investors had hoped for.
02 Oct 2020 - Aussie shares are tipped to slide at the open following news that the US Republicans and the Democrats are still far from reaching a deal for a fiscal-stimulus package. Demand for oil prices has been dampened by oversupply fears, sluggish economic growth and a resurgence in Covid-19 cases in Europe. Select Harvests (ASX:SHV) has agreed to purchase Piangil Almond Orchard for around $129 million.
01 Oct 2020 - It has been a positive day of trade for the ASXt, with a great start to the fourth quarter. The local bourse managed to close almost 1 per cent higher. Shares in plumbing supplies group Reliance Worldwide (ASX:RWC) shot up today after reporting strong first quarter sales in its US business. Aeris Environmental (ASX:AEI) has successfully partnered with SABCO, an Australian company specialising in cleaning and garden products for over a century.
01 Oct 2020 - The ASX rose at the open is now tracking 1.5% higher at noon. Shares in plumbing supplies group Reliance Worldwide (ASX:RWC) have shot up today after reporting strong first quarter sales in its US business. Meanwhile, shares in Omni Bridgeway (ASX:OBL) are falling this morning. OceanaGold Corporation (ASX:OGC) has entered into an agreement with a syndicate of underwriters to raise $157 million.
01 Oct 2020 - The ASX looks set to rebound morning as Wall Street rose on hopes of a new stimulus. Gold edged down yesterday as a chaotic first US presidential debate drove investors to the safety of the dollar. China's official manufacturing Purchasing Manager's Index came in higher in September compared to August and US private payrolls increased. And business travel management company Serko (ASX:SKO) is conducting an equity raising of up to NZ$55 million.
30 Sep 2020 - The ASX failed to gain momentum today closing 2.3 % lower. Wall Street futures plummeted quickly at the conclusion of the US presidential debate earlier today. Marred with personal attacks and interruptions, the debate between President Donald Trump and Joe Biden was chaotic. amaysim Australia (ASX:AYS) today completed the sale of its Energy business that includes Click Energy, amaysim Energy and On The Move to AGL Energy (ASX:AGL).
30 Sep 2020 - The ASX fell at the open and is now tracking 1% lower at noon. President Trump and Joe Biden are currently locked in debate in Ohio, as US markets pulled back. Shares in Corporate Travel Management (ASX:CTD) rose today after they completed their Institutional Entitlement Offer, raising $262 million. Santos (ASX:STO) welcomes the New South Wales Independent Planning Commission’s (IPC) decision to green light the Narrabri Gas Project with conditions.
30 Sep 2020 - The ASX looks set to fall this morning as the S&P 500, the Dow and the Nasdaq all closed lower ahead of the Donald Trump and Joe Biden debate. Democrat Biden is currently leading President Trump in the polls. The debate could move the polls, and also the market. New Zealand King Salmon (ASX:NZK) recorded a profit after tax of $18 million, up 59% on FY19.
29 Sep 2020 - The ASX saw a lift at the open but then dipped around lunchtime closing flat. Shares in mining contractors NRW (ASX:NRH) did well today after they updated the ASX on Gascoyne Resources litigation. Shares in Whitehaven Coal (ASX:WHC) also did well today but the A2 Milk company (ASX:A2M) didn’t fare so well.
