27 May 2020 - The ASX dropped at the open, pulled back up in mid morning trade and is now tracking 0.3% lower at noon. Financials is the sector leading the way giving the market a boost, healthcare falling behind. Shares in Southern Cross Media Group (ASX:SXL) did well today, Saracen Mineral Holdings (ASX:SAR) saw a decline. And Challenger Exploration (ASX:CEL) confirms discovery of large-scale gold system.
27 May 2020 - Despite a rise in US markets overnight, the ASX looks set to open lower this morning. Wall St didn’t reach its session highs but there was optimism as more and more states eased coronavirus restrictions. Major tech stocks were down. European markets could move on the back of a new coronavirus stimulus package. Back home the Government is set to hold a number of consultations on Australia’s industrial relations system ahead of the October Budget....
26 May 2020 - The ASX has recorded its best session in seven weeks as it exits a bear market. The local bourse managed to close 2.9% higher. Afterpay (ASX:APT) shares hit $50 today they close at the $49 mark -a record high. Downer EDI (ASX:DOW) is expanding its relationship with Fortescue Metals Group (ASX:FMG) through the provision of Early Mining and Maintenance Services at Eliwana iron ore mine
26 May 2020 - The ASX continued a rise in mid morning trade and is now tracking almost 1.9% higher at noon. Shares in Graincorp Group (ASX:GNC) slipped today as did Sandfire Resources (ASX:SFR) despite yesterday’s announcement of significant results from drilling at it’s project in Botswana. Qube Holdings (ASX:QUB) completed its retail component raising approximately $236m.
26 May 2020 - The ASX looks set to continue the good start to the week by opening higher once again this morning. The US stock market and markets in the UK were closed for public holidays. PM Scott Morrison is set to address to the National Press Club today looking into an overhaul of vocational education to lead the economy out of crisis. Overseas, the US government is likely to impose sanctions on China if Beijing implements national...
25 May 2020 - The Aussie market got off to a strong start to the new week. Travel shares surged after the Treasurer said further industry support is possible. Afterpay (ASX:APT) shares jumped more than 9 per cent today to hit a fresh record of $48.50.
25 May 2020 - The Australian sharemarket has opened the week firmly higher, extending its rebound and is trading at an 11 week high. The stellar start comes as geopolitical tensions threaten to boil over.
25 May 2020 - US stocks closed mixed on Friday as US-China tensions dominated. The US Commerce Department said it was adding 33 Chinese companies and other institutions to an economic blacklist for human rights violations and to address US national security.
22 May 2020 - The Australian share market closed 0.96 per cent down at the end of trade. 50 patrons can be seated in pubs and restaurants in NSW from June 1. Air New Zealand (ASX:AIZ) CEO Greg Foran reduces executive team.
22 May 2020 - The Australian share market opened higher this morning and is now trading 0.3 per cent lower at noon. Worley (ASX:WOR) has been awarded a contract by Hardisty Energy Terminal for services in Canada. Wesfarmers (ASX:WES) reports $780 million in writedowns.
