Monthly Archives - September 2020

Tech stocks rally in the US: ASX poised for a rebound

10 Sep 2020 - The ASX looks set for a rebound this morning as US stocks closed higher. Over in the UK, Prime Minister Boris Johnson has announced new restrictions on social gatherings in England, after a spike in Covid-19 infections. Over in the US, Tesla jumps nearly 11%, rebounding from worst day on record. Gold added over $11 and oil is up slightly. Resolute Mining (ASX:RSG) rreceive a strike notice at the Syama Gold Mine in Mali.

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Energy sector drags on the market: ASX closes 2.2% lower

02 Sep 2020 - After a fall at the open the ASX failed to recover closing 2.2% lower. Shares in Nufarm (ASX:NUF) closed up today, meanwhile, shares in Beach Energy took a hit falling over 9%. As for the sectors today Materials were the best of a bad bunch and Energy fell lower even lower. FINEOS Corporation Holdings PLC (ASX:FCL) reports they raised $8 million on their securities purchase plan.

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Consumer sentiment up 18% in September: ASX tracking 2.4% lower at noon

09 Sep 2020 - The Australian share market dropped at the open and is now tracking 2.4% lower at noon. Shares in Nufarm (ASX:NUF) did well today whereas shares in Megaport (ASX:MP1) saw a drop. All sectors are in the red. QBE Insurance Group (ASX:QBE) confirmed the arrangements for outgoing Group Chief Executive Officer, Pat Regan.

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