Monthly Archives - January 2020

Wall Street eagerly awaits impending US/China trade deal: Aus shares poised to open lower

13 Jan 2020 - The Australian share market is poised to open the week lower following a retreat on Wall Street in late trade on Friday. Investors remain wary about the tensions between the US and Iran and are eagerly awaiting the execution of the US/China phase one trade deal later in the week. Freedom Foods Group (ASX:FNP) has given an update on its ongoing dispute with its US almond supplier, Blue Diamond Growers.

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Miners took a hit today with BHP (ASX:BHP) weighing on the market: ASX closed 0.8% higher

10 Jan 2020 - It has been a positive day of trade for the ASX for the end of the week with the local bourse managing to close 0.8% higher. Evolution Mining (ASX:EVN) saw their shares fall after they downgraded their production guidance for its Mt Carlton operation. IMF Bentham (ASX:IMF) expects to receive approximately €4.8 million in FY20 from an Omni Bridgeway European recovery mandate investment.

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Black Friday sales lift retail turnover 0.9%: ASX tracking 0.6% higher at noon

10 Jan 2020 - The ASX rose at the open and managed to maintain momentum and is now tracking 0.6% higher at noon. Vocus Group (ASX:VOC) shares saw a rise today as did Domain Holdings (ASX:DHG). SeaLink Travel Group (ASX:SLK) reports significant damage has been sustained to the SeaLink owned Vivonne Bay Lodge on Kangaroo Island as a result of recent bush fires.

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