03 Mar 2020 - The ASX rose at the open and the local bourse managed to close 0.7% higher. The Reserve Bank of Australia delivered a 25-basis-point cut, taking the cash rate to the historic low of 0.5%. Regenerative medicine company AVITA Medical (ASX:AVH) today announced the initiation of the enrollment of the first patient at the Arizona Burn Centre in Phoenix, Arizona.
03 Mar 2020 - The ASX rose at the open and is now tracking 1.9% higher at noon. Shares in Clinuvel (ASX:CUV) rose today after reporting yesterday that their supply of Scenesse – its photoprotective drug – has not been affected by coronavirus. Bega Cheese (ASX:BGA) shares are also on the rise after they reported yesterday a significant increase in earnings. Atlas Arteria (ASX:ALX) is pleased to announce that it has completed the APRR Transaction.
03 Mar 2020 - The ASX looks set to open higher this morning after a volatile day on Wall Street ending with a rise in the Dow. Utilities, tech, consumer staples and real estate all rose more than 5 per cent to lead the S&P 500 higher. Danakali (ASX:DNK) is pleased to announce that the Colluli Mining Share Company (CMSC) has successfully executed phase 1.
02 Mar 2020 - The Australian share market made gains in the back half of the trading session off the back of positive housing data and projections that a cash rate cut may be around the corner. But it was not enough to counteract this morning’s losses. The Financial sector saw the greatest losses. WiseTech Global (ASX:WTC) continued its bullish rally climbing around 13 per cent today.
02 Mar 2020 - The Australian share market is trading at a nine-month low this morning, extending last week’s losses. The ASX200 index has tumbled 2.7 per cent this morning. Credit Suisse has increased its 12 month price target on the a2 Milk Company (ASX:A2M) from NZ$14.40 to NZ$16.38.
02 Mar 2020 - The ASX looks set to kick off the week with pessimism surrounding the spread of the coronavirus and its impact on financial markets. The Aussie dollar took another hit. Australian government yields could drop at the start of trading today. Coronado Global Resources Inc. (ASX:CRN) reports the removal of US restriction on CDIs.
28 Feb 2020 - The ASX200 plunged at the open and has seen another sell-off throughout the day which dragged the index 3.3 per cent lower. The Australian dollar also hit a new 10 year low of US65.28¢, a figure not seen since March 2009. All sectors landed in the red today as did the Futures and Asian markets.
28 Feb 2020 - The Australian share market plunged at the open this morning, as the global selloff continues, and is now tracking 2.8 per cent lower at noon. Horizon Oil (ASX:HZN) CEO terminated.
28 Feb 2020 - The ASX looks set to plunge this morning after volatile trading in the US as reports the coronavirus may be spreading to America. Both the Dow and the S&P 500 had their worst day since February 2018 while the Nasdaq posted its biggest one-day loss since August 2011. Employee experience software company Limeade (ASX:LME) reports NPAT up 26 per cent.
27 Feb 2020 - The ASX closed 0.8% lower - another day ending in the red. Adelaide Brighton (ASX:ABC) shares did well today as a number of analysts upgraded them. Link Administration (ASX:LNK) shares fell after their company released their half-year results. Digital medication management company MedAdvisor (ASX:MDR) reported record operating revenue of $4.4 million, up 14.4% on the pcp.
