dd Mmm 2020 - The local sharemarket has pushed ahead in the first two hours of trade. The S&P/ASX 200 index is 0.7 per cent or 50 points higher at 7063. Transurban (ASX:TCL) reported a 9.5 per cent increase in earnings (EBITDA) to $1.1 billion for the first half of 2020 when compared to the year earlier period.
11 Feb 2020 - Wall Street saw a positive start to the week and we can now expect to see the ASX open higher. Gold lifted over night as investors sought safe haven from the economic impact of the coronavirus. Moelis Australia (MOE:ASX) yesterday settled on the purchase of the Beach Hotel, Byron Bay for $104 million.
10 Feb 2020 - The Australian share market opened weaker this morning, dropped in the first hour of trade and rebounded over the afternoon to close 0.1 per cent lower. Oil continued its 5 week slide. PSC Insurance Group (ASX:PSI) have acquired both the business assets of Ultimate Safety Solutions Australia, and 75 per cent of the share capital of Eden Software Pty Ltd.
10 Feb 2020 - The Australian share market opened slightly weaker this morning following negative leads from Wall Street. It has taken a hit over the morning and is trading 0.5 per cent lower at noon. Most of the sectors are in the red, with Energy weighing heaviest on the market.Ramelius Resources (ASX:RMS) is lobbing a bid to acquire Spectrum Metals (ASX:SPX).
10 Feb 2020 - It’s a bit of a lacklustre start to the week on the markets, looking set for a flat start. Factories in China are expected to reopen today after being closed for an extended Lunar New Year holiday. Companies we can expect to hear schedules results from today are Aurizon (ASX:AZJ), GPT Group (ASX:GPT), JB HiFi (ASX:JBH). Advanced Nanotek (ASX:ANO) says the TGA have completed the approval process of their Brisbane laboratory licence.
07 Feb 2020 - Despite today’s losses, over the week the market has gained 0.1%. RBA Governor says coronavirus has created economic uncertainty. This comes as Honda and Toyota extend the closure of their Chinese factories and Flight Centre (ASX:FLT) warns that coronavirus has affected travel patterns in Asia.
07 Feb 2020 - The Australian share market opened slightly lower defying positive leads from Wall Street and is now tracking 0.4 per cent lower at noon, with economic data on the services industry and optimistic projections from Reserve Bank of Australia Governor Philip Lowe doing nothing to turn the tide. Medicinal cannabis company Cann Group (ASX:CAN) has successfully completed its $8 million raising.
07 Feb 2020 - Australian shares are poised to open higher after positive leads from New York. All three US benchmarks closed higher, resetting record highs. Shares also rose across Europe in response to China's decision to cut tariffs on some imported US goods. Crown Resorts (ASX:CWN) have entered into a deed to terminate the sale of the second tranche of Crown shares to Melco Resorts Group.
06 Feb 2020 - The ASX shot up at the open and managed to stabilise closing 1.1% higher. Pinnacle Investment Management (ASX:PNI) shares rose after they reported net profit from continuing operations up 37% to $13.8 million. CIMIC Group (ASX:CIM) company CPB Contractors has been selected to deliver upgrades to two major regional highway projects totalling $164 million.
06 Feb 2020 - The ASX rose at the open and is now tracking 0.6% higher at noon. Service Stream (ASX:SSM) shares saw a decline today. Meanwhile, shares in Elders (ASX:ELD) and Janus Henderson Group (ASX:JHG) are on the rise. And Lynas (ASX:LYC) Malaysia says they are deeply disappointed by the behaviour of anti-Lynas activists who they say continue to make false statements.
