26 Jun 2020 - The Australian share market rallied in the back half of the session to close 1.5 per cent higher. All of the sectors except Healthcare made ground today, with investors choosing to pick up bank stocks ahead of the weekend. Mincor Resources (ASX:MCR) has successfully completed its $50 million fully underwritten institutional placement.
26 Jun 2020 - The Australian share market opened slightly lower defying positive leads from international markets. It has however managed to gain ground early in the session and is tracking 1.1 per cent higher at midday. All of the sectors except Healthcare have advanced this morning. The Australian Competition and Consumer Commission is seeking special leave to appeal to the High Court disputing the decision of the Full Federal Court that Pacific National’s acquisition of the Acacia Ridge...
26 Jun 2020 - Following positive leads from US markets, the Australian share market looks set to open higher. The national cabinet is meeting today and will discuss strategies for containing localised outbreaks, a timetable for reopening Australia’s arts and entertainment venues, and the return of international students. S&P Dow Jones Indices announced that TPG Telecom (ASX:TPM) will spin-off 1 share of Tuas (ASX:TUA) for every 2 TPG Telecom shares held.
25 Jun 2020 - The Australian share market was lower at the open and continued to slide closing 2.5 per cent down at the end of trade. The number of job vacancies in Australia decreased by 43 per cent over the May 2020 quarter.
25 Jun 2020 - The Australian share market opened lower this morning and is now trading 2.02 per cent down at noon. In breaking news, Qantas (ASX:QAN) has cut approximately 6000 jobs.
25 Jun 2020 - The ASX looks set to open lower this morning following a slump on Wall Street as a new surge of coronavirus cases develop in the US. California, Florida report record cases as NY orders quarantine for some travellers. Asia stocks have also dropped as virus worries grow. The Australian dollar was down 0.8%. Infigen (ASX:IFN) yesterday received a copy of a bidder’s statement from Iberdrola Renewables Australia Pty in relation to its off-market takeover bid.
24 Jun 2020 - It has been a rollercoaster of a day for the ASX, the local bourse managed to close 0.2% higher. Shares in Perseus Mining (ASX:PRU) did well today after they released their sustainability report from 2019. The best performing sector was Utilities while the worst performing sector was Industrials. Cromwell Property Group (ASX:CMW) has told shareholders take no action in relation to a proportional takeover offer from ARA Asset Management.
24 Jun 2020 - The ASX shot up at the open but failed to gain momentum and is now tracking 0.1% lower at noon. Following on from the US, tech stocks did well this morning with the Energy sector coming in lower. Shares in Perseus Mining (ASX:PRU) did well today after they released their sustainability report from 2019. Dexus (ASX:DXS) has conditionally exchanged contracts to sell 45 Clarence Street, Sydney.
24 Jun 2020 - Following a rise from US markets for a second day, the ASX looks set to open higher this morning. The US business reopening plans are in disarray as Covid-19 is detected in hotspots such as Texas, Florida, Arizona and California. Back home, a new survey has shown how coronavirus has changed our attitudes to work. Up to 60% of respondents want to split their working time between home and office. The AUD rose again against...
23 Jun 2020 - After some movement before mid-morning trade, the ASX spent the afternoon quite flat, managing to close 0.2% higher. Shares in Western Areas (ASX:WSA) continue to rise today after reports of significant widths of nickel and copper in South Australia. Shares in Challenger (ASX:CGF) dropped today - they announced they had successfully completed the $270 million fully underwritten institutional placement. SCA Property Group (ASX:SCP) reports the total value of their Investment Properties has decreased by $94.6...
