Monthly Archives - February 2020

PSC Insurance Group (ASX:PSI) acquisition: Aus shares close 0.1% lower

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.

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Ramelius (ASX:RMS) lobs bid to acquire Spectrum Metals (ASX:SPX) : Aus shares 0.5% lower at noon

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).

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China factories reopen after extended break: ASX poised for a flat start

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.

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