12 Jun 2020 - The local share market recovered from its session low of 3.4% but finished down 1.9%, amid weakness in bank stocks. Today’s falls come on the back of losses of 6 to 7 per cent on Wall Street on Thursday. Australia's 10-year bond yield has continued to come under pressure and the yield curve has flattened on the back of uncertainty about the strength of the economic recovery and the outlook for rates.
12 Jun 2020 - The local bourse is on track to snap a six-week winning streak as a sell-off in bank and energy stocks ramps up. The declines follow a slump in US, European and Asian markets yesterday after a grim outlook from the Federal Reserve and a rise in US COVID-19 cases as restrictions ease.
12 Jun 2020 - Seven Group Holdings (ASX:SVW) will not provide revised market guidance at this time due to the uncertainty of current and ongoing COVID-19 measures.
12 Jun 2020 - Digital finance company Zip (ASX:Z1P) has seen May's monthly revenue surge by 78 per cent year on year to $15.6 million.
12 Jun 2020 - TPG Telecom (ASX:TPM) will pay a special dividend of between 49 cents and 52 cents a share if its merger with Vodafone Hutchison Australia is approved by shareholders.
12 Jun 2020 - Fertilliser and explosives supplier Incitec Pivot (ASX:IPL) has completed its share purchase plan. The plan has raised about A$57.5 million from retail investors.
12 Jun 2020 - The Australian sharemarket looks to open lower following a big sell off in the US. Shares suffered their worst day since March and stocks that have surged recently on hopes of a reopening of the economy led the declines.
11 Jun 2020 - After a small dip around lunchtime the local bourse managed to close 3.1 per cent lower. Travel companies took a hit today with shares in Webjet (ASX:WEB), Flight Centre Travel (ASX:FLT), and Corporate Travel Management (ASX:CTD) all declining. Northern Star Resources (ASX:NST) and Newcrest Mining (ASX:NCM) all did well today. As for the sectors today Healthcare ended the day on top and Energy fell lower.
11 Jun 2020 - The Australian share market is now tracking 2 per cent lower at noon. Shares in Northern Star Resources (ASX:NST) and Silverlake Resources (ASX:SLR) are on the up today meanwhile shares in Unibail-Rodamco-Westfield (ASX:URW) have fallen. Alliance Aviation (ASX:AQZ) to raise $122 million.
11 Jun 2020 - IGO’s (ASX:IGO) field program with Buxton Resources (ASX:BUX) for the West Kimberley JV 2020 field season is expected to commence with on ground activities in early July.
