Monthly Archives - January 2020

WHO says ‘too early’ to declare a global health emergency: ASX poised to open higher

24 Jan 2020 - Following positive leads from US markets, the ASX looks set to open higher despite more people infected by the virus in China that’s rocked the markets. The World Health Organisation says it is “a bit too early” to declare a new coronavirus a global health emergency. Nuheara (ASX:NUH) has executed an agreement for $2.5 million funding with the Lind Global Macro Fund.

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CIMIC (ASX:CIM) shares fall weighing on market: ASX closed 0.6% lower

23 Jan 2020 - It has been a negative day of trade for the ASX closing 0.6% lower. Shares shot up for National Storage REIT (ASX:NSR) after they confirmed they had received a takeover offer from private equity fund manager Gaw Capital Partners. And Telix Pharmaceuticals (ASX:TLX) reports that the US Food and Drug Administration has approved the ZIRCON study for recruitment of American patients.

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Unemployment falls to 5.1%: ASX tracking 0.7% lower at noon

23 Jan 2020 - The ASX fell at the open and is now tracking 0.7% lower at noon. CIMIC Group (ASX:CIM) shares dropped today after they announced they will exit the Middle East expecting to take a one-off charge of $1.8b. The directors of Encounter Resources (ASX:ENR) in joint venture with Newcrest (ASX:NCM) identified bedrock gold mineralisation and geological controls at Afghan and Mojave prospects.

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