Monthly Archives - March 2020

Air New Zealand lowers guidance on coronavirus impact: ASX poised to open lower

09 Mar 2020 - All major US stock indexes slipped late last week as new coronavirus deaths in the US intensified fears of the outbreak dragging on economic activity. An economic stimulus package from the Federal Government is expected later this week. On the commodities front, oil has lost and gold is up. Air New Zealand (ASX:AIZ) has today announced that it will be withdrawing the full year 2020 earnings guidance.

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Global stocks plunge on virus fears: ASX poised to open lower

06 March 2020 - Following negative leads from US markets, the ASX looks set to open lower this morning. Stocks plunged in the US erasing most of the gains from earlier in the week. Coronavirus continues to spread with US deaths on the rise. European stocks tumbled. WCM Global Growth’s (ASX:WQG) portfolio returned -1.79 per cent for the month ended February 2020.

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