Monthly Archives - April 2020

COVID-19 death toll climbs in the US: ASX poised to open lower

02 Apr 2020 - Following a slump on US markets, the ASX looks set to open lower. The US death toll rose to over 4,000. The Dow tumbled to near 1000 points. White House officials estimate that the COVID-19 outbreak will kill between 100,000 and 240,000 Americans this year, even with social distancing, business closures and other mitigation efforts. Spark Finance (ASX:SPK) has established two new committed revolving bank facilities.

Read more...

Building approvals soar in February: ASX tracking 3% higher at noon

01 Apr 2020 - The ASX shot up at the open and is now tracking 3% higher at noon. Shares in Oil Search (ASX:OSH) and Worley Parsons (ASX:WOR) are doing well today. Yesterday Worley announced Chevron had extended one of their contracts by two years. Jumbo (ASX:JIN) shares are on the decline despite reporting today that they expect higher customer engagement. And National Veterinary Care (ASX:NVL) now wholly-owns The Fitzroy Clinic.

Read more...