17 Mar 2020 - The ASX saw its best day since 1997, closing 5.8% higher. Metcash (ASX:MTS) saw their shares soar today over 25%. Shares in Gold Road Resources (ASX:GOR) also saw a huge rise of over 20 per cent. Johns Lyng Group (ASX:JLG) has extended its contract with Western Australia’s major local insurer for a further five years.
17 Mar 2020 - The ASX shot up at the open and is continuing to rise into lunchtime trade now tracking 2.8% higher at noon. The best performing stock in the is Northern Star Resources (ASX:NST) rising almost 19%. Medical Developments International (ASX:MVP) says that at this stage the potential negative impact of the COVID 19 virus on its business appears limited.
17 Mar 2020 - The ASX looks set to open lower this after a disastrous day on Wall St due to the coronavirus impact. The Dow Jones has closed down almost 13%, the biggest one-day fall in percentage terms since the 1987 stock market crash. Rio Tinto (ASX:RIO) is working to ensure Oyu Tolgoi is operating in accordance with the restrictions the Mongolian authorities have put in place to contain the spread of COVID-19.
16 Mar 2020 - The Australian share market took a dive at the open and lost ground over the day to close 9.7 per cent lower, as the COVID 19 virus continues to impact global markets. Widespread selling across the board today saw all of the sectors retreat. Industrials and Energy weighed heaviest on the market – both losing over 13 per cent. West African gold-focused exploration and development company, Cardinal Resources (ASX:CDV) has received a notification from Nord...
16 Mar 2020 - The Australian share market opened higher but took a nosedive in the first 10 minutes of trade and hasn’t managed to recover. It is trading 5.3 per cent lower at noon. Morgan Stanley has downgraded Commonwealth Bank of Australia (ASX:CBA) to an underweight stock, slashing its 12-month price target from $75.50 to $60 flat.
16 Mar 2020 - The ASX looks set to open higher after a surge in all three benchmarks in the US on Friday. Wall Street rose after US President Donald Trump released US$50 billion to offset the impact of the coronavirus. These volatile global economic conditions have caused the Australian dollar to fall even further now standing at against the US dollar. Paladin Energy Ltd (ASX:PDN) has successfully completed the sale of Kayelekera Uranium project in Malawi to...
13 Mar 2020 - The Australian share market staged a late comeback erasing the day’s losses to finish in the green, closing 4.4 per cent higher. Collins Foods (ASX:CKF) close a Brisbane KFC restaurant after the company confirmed a team member tested positive to COVID-19.
13 Mar 2020 - The Australian share market opened to a bloodbath this morning dropping 7 per cent within the first 15 minutes of trade. It was a sea of red with not a single stock inside the top 200 trading in the green.
13 Mar 2020 - The ASX looks set to drop at the open. The Dow Jones Industrial Average plunged yesterday suffering its worst drop since the 1987 “Black Monday” market crash, when it collapsed by more than 22%. Trading was stopped for 15 minutes shortly after the open in New York. But the pause failed to keep the index from closing in a bear market. The Decmil Group (ASX:DCG) believes it is entitled to all amounts claimed for its...
12 Mar 2020 - The ASX closed 7.4% lower - its lowest level since November 2016. Travel companies saw huge losses with Webjet (ASX:WEB) and Flight Centre Travel Group (ASX:FLT) shares dropping today. Prime Minister Scott Morrison released a $17.6 billion coronavirus stimulus package. Ramsay Professional Services (ASX:RHC) and Remedy Healthcare Group have entered into a joint venture to deliver hospital-in-the-home services.
