Monthly Archives - June 2020
03Jun

AUD jumps 1.5% against the USD: ASX poised to open higher

03 Jun 2020 - Following gains from US markets overnight, the ASX looks set to open higher this morning. Around the world stock markets have hit their highest levels since March as signs of a global economic recovery from Covid-19 offset concerns over civil unrest in the US. Back home, the Aussie dollar lifted by another 1.5% overnight, a level not seen since mid-January. SkyCity (ASX:SKC) expects total annualised cost savings of around NZ$50 million.

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02Jun

RBA keeps interest rates on hold at 0.25%: ASX closes 0.3% higher

02 Jun 2020 - It has been an up and down day of trade for the Australian share market, which closed 0.3 per cent higher. Shopping centre company Unibail-Rodamco-Westfield saw their shares rise today after opening 65 of 90 centres after Covid-19 restrictions were eased. Shares in Vicinity Centres (ASX:VCX) are down after they raised $1.2 billion in a fully underwritten placement. The information technology sector bolstered the market today. Zip Co (ASX:Z1P) looks to buy New York-based buy...

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02Jun

Australia records another current account surplus: ASX tracking 0.1% lower at noon

02 Jun 2020 - The ASX saw a bit of a rollercoaster ride this morning, dipping again in mid morning trade to now be tracking 0.1% lower at noon. Shares in Vicinity Centres (ASX:VCX) are down after they raised $1.2b in a fully underwritten placement. Meanwhile, shares in Domain Holdings (ASX:DHG) rose as did shares in Perenti Global (ASX:PRN). Evolution Mining (ASX:EVN) has confirmed it is looking into the sale of its Cracow gold mine.

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02Jun

Vicinity Centres (ASX:VCX) completes $1.2b placement

02 Jun 2020 - Vicinity Centres (ASX:VCX) has successfully completed a fully underwritten placement of fully paid new stapled securities to institutional and professional investors, at the offer price of $1.48 per New Security details of which were announced to ASX on 1 June 2020.

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02Jun

Iress (ASX:IRE) completes $150 million placement

02 Jun 2020 - Iress (ASX:IRE) has successfully completed a $150 million fully underwritten placement of approximately 14.4 million new fully paid ordinary shares to institutional and sophisticated investors at a price of $10.42 per Placement Share.

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02Jun

AUD sees a four-month high against the greenback: ASX poised to rise at the open

02 Jun 2020 - The ASX is expected to open slightly higher. Today all eyes will be on the RBA’s policy statement at 2:30 pm AEST to discuss our economic recovery. Wall Street saw stocks rise as investors optimism grew on economic recovery. Although in America there are still tensions with China and violent street protests. Our dollar saw a surge against the US greenback. Yancoal (ASX:YAL) has successfully completed a refinancing of the existing syndicated bank guarantee facility.

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