Monthly Archives - May 2020

Reserve Bank of Australia holds cash rate: ASX closed 1.6% higher

05 May 2020 - It has been a mostly positive day of trade for the ASX, the local bourse managed to close 1.6% higher. Shares in Collins Foods (ASX:CKF) lifted today after they reported KFC stores in Australia continue to show improvement in sales. The energy sector led the day and healthcare came in last. NEXTDC (ASX:NXT) has successfully completed its Share Purchase Plan raising $191 million.

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Jobs fell by 7.5% between March 14 and April 18: ASX tracking 1.3% higher at noon

05 May 2020 - The Australian share market shot up at the open and continues to maintain momentum and is now tracking 1.3 per cent higher at noon. The Energy sector is topping the list so far today and healthcare coming in last. Zoono Group (ASX:ZNO) invoiced business to business (B2B) sales in excess of NZ$11.0 million (unaudited) for the month of April, 2020.

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Investors await RBA statement: ASX to open higher

05 May 2020 - Following a buying spree from US markets, the ASX looks set to open higher this morning. Crude oil gained for a fourth consecutive day. Stocks were lower during much of yesterday’s session after tensions escalated between the Trump administration and China, but energy, information technology and utilities gained with a late session rally. Centuria Capital (ASX:CNI) has agreed to acquire an initial 19% interest in Augusta Capital, New Zealand’s leading listed real estate funds manager.

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