12 May 2020 - US markets saw rises in health and technology yesterday, but the ASX looks set to open lower this morning. The Dow Jones Industrial Average fell as the Nasdaq rose for a sixth straight day. Oil erased gains as Saudi Arabia plans to slash output. They plan to cut another 1 million barrels a day. SkyCity Entertainment Group (ASX:SKC) is set to welcome back staff and customers to their properties in New Zealand.
11 May 2020 - The Australian market rose today as state and territory leaders clarified plans to reopen the economy in their jurisdictions. It ended the day 1.3 per cent higher. The Energy sector was up just over 2 per cent after the oil price showed signs of recovery. The world’s third largest gold mining company, AngloGold Ashanti (ASX:AGG) recorded a solid operational and financial start to 2020 but with a high human toll.
11 May 2020 - The Australian share market opened higher following positive leads from international markets and has jumped 1.1% higher at noon. Advanced Nanotek (ASX:ANO) expects its FY20 NPBT to be around $8.4 million – a 250% increase on the PCP.
11 May 2020 - Suncorp Group (ASX:SUN) today released its quarterly update as at 31 March 2020. The company expects a collective provision of $133 million due to the impact of covid-19.
11 May 2020 - Implantable hearing device provider Cochlear (ASX:COH) reports that sales revenue across the business declined by around 60 per cent in April year on year.
11 May 2020 - Chalice Gold Mines (ASX:CHN) reports positive results at its 100%-owned Julimar Nickel-Copper Project.
11 May 2020 - Z Energy (ASX:ZEL) reported a net loss after tax of $88 million New Zealand dollars for the year ending 31 March 2020.
11 May 2020 - Despite disturbing job data coming out of the US on Friday, investors showed a willingness to look beyond the short-term impacts of Covid-19. US stocks held onto their gains even after the news and pushed them higher in the last hour of trade. The Australian share market looks set to continue the gains, with futures pointing to a rise at the open. Managing Director of fintech giant, iSignthis (ASX:ISX), John Karantzis announced that the company...
08 May 2020 - The Australian share market ended the day 0.5% per cent higher after the Federal government announced a plan to have most of the economy reopened by July. Each phase will be separated by a cooling-off period, to allow health experts to observe the impact of the changes on infection risk. Treasurer Josh Frydenberg today announced that the reforms recommended by the Banking Royal Commission will be delayed by six months to allow the banks to...
08 May 2020 - The Australian share market opened higher and is now tracking 0.7 per cent higher at noon. The Real Estate Invest Trust sector is leading the charge. All of the sectors, except for Health Care are on the rise this morning. Media giant, News Corporation (ASX:NWS) has reported a net loss of around $1 billion for the third quarter, a far cry from the $23 million income we saw in the third quarter of 2019. The...
