Monthly Archives - June 2020

The information technology sector sees a boost: ASX tracking 0.1% lower

24 Jun 2020 - The ASX shot up at the open but failed to gain momentum and is now tracking 0.1% lower at noon. Following on from the US, tech stocks did well this morning with the Energy sector coming in lower. Shares in Perseus Mining (ASX:PRU) did well today after they released their sustainability report from 2019. Dexus (ASX:DXS) has conditionally exchanged contracts to sell 45 Clarence Street, Sydney.

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Village Roadshow’s (ASX:VRL) businesses to reopen

24 Jun 2020 - Village Roadshow’s (ASX:VRL) Gold Coast theme parks Warner Bros. Movie World, Sea World, Wet'n'Wild and Paradise Country have had their Covid Safe plans approved by the Queensland Government and are able to reopen under those plans at up to 50 per cent capacity.

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Many employees content to stay working from home: ASX set to rise at the open

24 Jun 2020 - Following a rise from US markets for a second day, the ASX looks set to open higher this morning. The US business reopening plans are in disarray as Covid-19 is detected in hotspots such as Texas, Florida, Arizona and California. Back home, a new survey has shown how coronavirus has changed our attitudes to work. Up to 60% of respondents want to split their working time between home and office. The AUD rose again against...

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Western Areas (ASX:WSA) shares rise after exploration: ASX closes 0.2% higher

23 Jun 2020 - After some movement before mid-morning trade, the ASX spent the afternoon quite flat, managing to close 0.2% higher. Shares in Western Areas (ASX:WSA) continue to rise today after reports of significant widths of nickel and copper in South Australia. Shares in Challenger (ASX:CGF) dropped today - they announced they had successfully completed the $270 million fully underwritten institutional placement. SCA Property Group (ASX:SCP) reports the total value of their Investment Properties has decreased by $94.6...

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Large decline in the imports of cars and petroleum: ASX tracking 0.1% lower at noon

23 Jun 2020 - The ASX rose at the open, took a dip in midmorning trade, and is now tracking almost 0.1% lower at noon. Shares in Western Areas (ASX:WSA) shot up today after reports of significant widths of nickel and copper in South Australia. Shares in investment management company Challenger (ASX:CGF) dropped today after they successfully completed the $270 million fully underwritten institutional placement. Cromwell Property Group (ASX:CMW) advises that ARA Asset Management has announced its intention to...

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