Monthly Archives - January 2020

Treasury Wine Estates (ASX:TWE) shares fall on US market underperformance: ASX tracking 0.4% higher at noon

29 Jan 2020 - The ASX rose at the open and managed to maintain momentum and is now tracking 0.4% higher at noon. Treasury Wine Estates (ASX:TWE) shares have shot down over 20% after reducing their guidance for the 2019-20FY. Webjet (ASX:WEB) has issued a statement to "clarify inaccuracies" from an analyst report as to how Webjet acquires traffic and the impact of Google Flights on that traffic acquisition.

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Virus fears weigh on market: ASX closes 1.4% lower

28 Jan 2020 - It has been a negative day of trade for the Australian sharemarket with local bourse sinking below 7000 as investors sold off on worries about the coronavirus. Shares in travel company Webjet (ASX:WEB) fell almost 14 per cent today on fears surrounding the virus and a downgrade from Morgan Stanley.

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