Monthly Archives - April 2020

Optimism grows as global economies look to reopen: ASX set to open higher

28 Apr 2020 - The ASX looks set to open higher as optimism grows that global economies are beginning to look to reopening following on from the coronavirus crisis. In the US Boeing plans to reopen its Dreamliner factory in early May. Back home we are set to see some easing of restrictions. Britain says it’s still too early to relax them there. Air New Zealand (ASX:AIZ) will begin the painful process of materially reducing its workforce as the...

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The only sector to make losses today was the Financial sector: ASX closed 1.5% higher

27 Apr 2020 - After a rocky start it has been a mostly positive day of trade for the ASX, the local bourse managed to close 1.5% higher. Shares in Domain Holdings (ASX:DHG) closed over 18 per cent higher and AP Eagers (ASX:APE) also did well today. MedAdvisor (ASX:MDR) today announced that its telehealth and on-demand home delivery features are now live.

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Victoria remains Australia’s strongest performing economy: ASX tracking 0.4% higher at noon

27 Apr 2020 - The ASX has been on a rollercoaster in the first few hours of trade rising and dipping to now be tracking almost 0.4% higher at noon. Ord Minnett rates Carsales.com (ASX:CAR) as an Upgrade to a Buy from a Hold. Seven West Media (ASX:SWM) released a statement tody in response to an ASX query concerning media speculation of an offer.

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Costa Group Holdings (ASX:CGC) appoint a new CFO

27 Apr 2020 - Australia’s leading grower, packer and marketer of fresh fruit and vegetables Costa Group Holdings (ASX:CGC) today announced that after an extensive search and selection process, Wayne Johnston has been appointed to the role of Chief Financial Officer, commencing from 29th June 2020.

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