Monthly Archives - November 2020

Global rally paused: ASX poised to open lower

26 Nov 2020 - The ASX looks set to open lower this morning as the global rally slows. Vaccine hopes had bolstered markets over the past week. More than 60 million cases of coronavirus have been recorded worldwide since the pandemic began — with 30,000 more expected to die in the US by Christmas. Oil prices lifted overnight against a weakening US dollar and a surprise decline in US crude stocks. Jumbo Interactive (ASX:JIN) secures gambling commission software...

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Virgin Money UK (ASX:VUK) withdraws FY22 targets

26 Nov 2020 - Virgin Money UK (ASX:VUK) report statutory loss after tax of £141 million - this is inclusive of £292 million of exceptional items, including £139 million of integration transformation costs, £113 million of acquisition accounting unwind and £26m of conduct charges.

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Dow hits record high: ASX set to open higher this morning

25 Nov 2020 -The ASX looks set to open higher this morning as the Dow rallied yesterday hitting a record high at 30,000 points. Oil has surged to an eight-month high overnight. Tesla shares closed up after the company surpassed a $500 billion market cap yesterday. Fisher & Paykel Healthcare Corporation Limited (ASX:FPH) today announced its results for the first half of the 2021 financial year, reporting net profit after tax was up 86%.

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