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16Apr

Australian lamb exports take-off for Abu Dhabi: ASX set for a fall

16 Apr 2020 - Wall Street saw a sell-off yesterday after economic data showed more companies were facing hard times due to the coronavirus pandemic. The ASX looks set to crash open lower this morning. The virus has now infected 2 million people around the world. Three planes carrying Australian lamb will leave Melbourne for Abu Dhabi this week in an attempt to get agricultural trade back up and running with help from government funding. Starpharma (ASX:SPL) reports its...

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15Apr

NZ PM takes pay cut: Aus shares close 0.3% lower

15 Apr 2020 - The Australian share market rose at the open before falling by noon and continuing to drop closing 0.3 per cent down at the end of trade. US President Donald Trump halts WHO funding and NZ Prime Minister Jacinda Ardern and ministry take 20 per cent pay cut.

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15Apr

IMF predicts a deep recession: ASX poised to open higher

15 Apr 2020 - The ASX looks set to open higher this morning. On Wall Street shares rose on hopes the US is moving closer to at least a partial reopening of its economy during the coronavirus pandemic. The Dow was up 2.5% near the closing bell. The International Monetary Fund is warning Australia's economy could shrink by 6.7 per cent this year. Stockland (ASX:SGP) has put in place additional unsecured bank debt facilities totalling $350 million.

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15Apr

Business confidence and conditions see huge monthly falls: ASX tracking 0.5% higher at noon

14 Apr 2020 - The ASX had a little dip in early morning trade but then rose within the first hour of trading now tracking almost 0.5% higher at noon. Energy companies have opened mixed following the deal among Opec and other oil producing nations to cut crude production. Gold producers are all up. Bega Cheese (ASX:BGA) wins Kraft Heinz legal proceedings.

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15Apr

Tech sector boosts the market: ASX closed 1.9% higher

14 Apr 2020 - It has been a mostly positive day of trade for the ASX after a small dip in early morning trade the local bourse managed to close 1.9% higher. As for the sectors today Infotech led the day and REITs the only sector to end the day lower. Centuria Industrial REIT (ASX:CIP) has completed a $130 million institutional placement.

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14Apr

Tech sector boosts the market: ASX closed 1.9% higher

14 Apr 2020 - It has been a mostly positive day of trade for the ASX after a small dip in early morning trade the local bourse managed to close 1.9% higher. As for the sectors today Infotech led the day and REITs the only sector to end the day lower. Centuria Industrial REIT (ASX:CIP) has completed a $130 million institutional placement.

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14Apr

Business confidence and conditions see huge monthly falls: ASX tracking 0.5% higher at noon

14 Apr 2020 - The ASX had a little dip in early morning trade but then rose within the first hour of trading now tracking almost 0.5% higher at noon. Energy companies have opened mixed following the deal among Opec and other oil producing nations to cut crude production. Gold producers are all up. Bega Cheese (ASX:BGA) wins Kraft Heinz legal proceedings.

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14Apr

AUD jumps to 63.8 cents against the USD: ASX poised to open higher

14 Apr 2020 - Following mixed leads from US markets, the ASX looks set to open higher this morning. The WHO says there are 70 COVID-19 vaccines in the works, with three leading candidates already being tested on humans. Oil prices fell yesterday due to oversupply concerns despite OPEC and its allies agreeing to cut production. The AUD jumped to 63.8 US cents. Evolve Education Group (ASX:EVO) has been unable to complete the proposed acquisition of five childcare centres...

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09Apr

Market closes on a 4-week high: ASX closed 3.5% higher

09 Apr 2020 - The ASX saw a rally in late afternoon trade closing on a 4 week high at 3.5% higher. Perenti Global (ASX:PRN) shares advanced over 27% and shares in Commonwealth Bank (ASX:CBA) rose. Real Estate Investment Trust closed the week leading the sectors and consumer staples came in the lowest. Orocobre (ASX:ORE) says the Argentine Ministry of Production has declared lithium mines Olaroz and Borax ‘essential activities’ and has restarted production.

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