Monthly Archives - April 2020

AUD jumps to 63.8 cents against the USD: ASX poised to open higher

14 Apr 2020 - Following mixed leads from US markets, the ASX looks set to open higher this morning. The WHO says there are 70 COVID-19 vaccines in the works, with three leading candidates already being tested on humans. Oil prices fell yesterday due to oversupply concerns despite OPEC and its allies agreeing to cut production. The AUD jumped to 63.8 US cents. Evolve Education Group (ASX:EVO) has been unable to complete the proposed acquisition of five childcare centres...

Read more...

Market closes on a 4-week high: ASX closed 3.5% higher

09 Apr 2020 - The ASX saw a rally in late afternoon trade closing on a 4 week high at 3.5% higher. Perenti Global (ASX:PRN) shares advanced over 27% and shares in Commonwealth Bank (ASX:CBA) rose. Real Estate Investment Trust closed the week leading the sectors and consumer staples came in the lowest. Orocobre (ASX:ORE) says the Argentine Ministry of Production has declared lithium mines Olaroz and Borax ‘essential activities’ and has restarted production.

Read more...

All the sectors in the green: ASX tracking almost 2% higher at noon

09 Apr 2020 - The ASX shot up at the open and is now tracking almost 2% higher at noon. Shares in oOh!media (ASX:OML) are on the up after HT&E has acquired at least 11 million shares in the company representing at least 1.8% of the Company’s issued capital. Viva Energy (ASX:VEA) says their Retail segment has continued to perform well with the Alliance network achieving average sales volumes of 62.4 million litres per week in 1Q2020.

Read more...

HT&E takes 1.8% stake in oOh!media (ASX:OML)

09 Apr 2020 - oOh!media (ASX:OML) has become aware that HT&E has acquired at least 11 million oOh!media shares as at the latest share register obtained by the Company for 6 April 2020, representing at least 1.8 per cent of the Company’s issued capital.

Read more...

Wall Street rally continues: ASX poised to open higher

09 Apr 2020 - The ASX looks set to open higher this morning. US stocks are having a rollercoaster of a week. The 76 day lockdown in the Chinese city of Wuhan where coronavirus first emerged has now ended and people can travel to other parts of China. Meanwhile, oil jumped up ahead of an OPEC meeting that is viewed to lead to production cuts. Auckland International Airport (ASX:AIA) announced today the opening of its NZ$200 million non-underwritten share...

Read more...