18 Jun 2020 - The market sank at the open, was hit by job data that Prime Minister, Scott Morrison described as “heartbreaking”, and finished the day 0.9 per cent lower. Ship builder Austal (ASX:ASB) has announced that the United States Department of Defense has awarded Austal USA a modification to a previously contract which may see the company reap an additional US$43.4 million.
18 Jun 2020 - The Australian share market has been sliding since the open following mostly negative leads from Wall Street. The much-anticipated labour force data revealed that the national unemployed rate climbed to 7.1 per cent in May. All of the sectors except Consumer Staples have seen a sell off this morning. Shares in payment solution provider, Splitit Payments (ASX:SPT) are up almost 44% this mornign after it signed a multi-year agreement with Mastercard (NYSE:MA).
18 Jun 2020 - The ASX is set to drop at the open after the Dow and the S&P 500 unwound some of the gains they managed to rack up over the last 3 sessions. Iron ore, gold and oil are trading lower. Westpac Banking Corporation (ASX:WBC) is selling its remaining holding in Pendal Group (ASX:PDL) via an underwritten institutional offer.
17 Jun 2020 - The Australian share market rose at the open closing 0.8 per cent up at the end of trade. The Index growth rate remains in deep negative territory with the growth rate weakening sharply over the last six months, dropping from 0.28% in December to the 4.79% in May.
17 Jun 2020 - The Australian share market opened higher this morning and is now trading 0.2 per cent higher at noon. Starpharma (ASX:SPL) has reported that its DEP lutetium candidate is effective in human prostate cancer models.
17 Jun 2020 - The ASX looks set to open higher this morning. Stocks in the US rose yesterday as they saw a record jump in retail sales. Also, there were positive trial results from a potential coronavirus treatment and hopes of more stimulus. Meanwhile, the International Monetary Fund forecast back in April a contraction of 3 per cent for the global economy in 2020. They report that the current crisis is “unlike anything the world has seen before”....
16 Jun 2020 - It has been a positive day of trade for the ASX. The local bourse managed to close 3.9% higher. All the sectors ended the day in the green. Energy closed the day the highest with Viva Energy pushing up the sector, rising over 15% after a profit upgrade. Cedar Woods (ASX:CWP) is pleased to advise that it has extended the tenure of its $30m finance facility for the Williams Landing Shopping Centre in Melbourne.
16 Jun 2020 - The ASX shot up at the open and is now tracking almost 3.2% higher at noon. Almost all the top 200 stocks have made gains today. Viva Energy saw their shares rise today after releasing their underlying net profit for the six months to June to be between $20 million and $50 million compared with $50.9 million a year ago. Village Roadshow (ASX:VRL) has extended by two weeks the exclusivity period for its discussions with...
16 Jun 2020 - Following a rise from US markets overnight, the ASX looks set to open higher this morning. US stocks jumped yesterday, recovering from earlier losses, as the Federal Reserve announced further measures to support the market during the pandemic. Apple reported yesterday that its App Store facilitated over half a trillion dollars in billings and sales. The EU and the UK government have decided to intensify Brexit talks over growing concerns that both sides might fail...
15 Jun 2020 - The Australian share market fell at the open and continued to fall throughout the day closing 2.2 per cent down at the end of trade. Australia has recorded its largest ever decrease in overseas travel in April.
