Monthly Archives - December 2020

US indices notch new record highs: Aus shares to open higher

04 Dec 2020 - The Australian futures market is indicating a rise at the open, following fresh all-time highs for the S&P 500, the Dow Jones Industrial Average and the Nasdaq during trade. The highs came on the back of hopes that the Democrats and Republicans are moving closer to agreeing a pandemic stimulus package. US stocks retreated from the record highs at the end of the session after a Dow Jones report raised concern that the Covid vaccine...

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Beacon Lighting (ASX:BLX) launches property fund

04 Dec 2020 - Beacon Lighting Group (ASX:BLX) has established a property fund and acquired its first property. The Beacon Commercial Property Fund has been established to own several subfunds which will be used to acquire properties for the purposes of leasing them to Beacon Lighting and other tenants.

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Iron ore price pushes up Fortescue Metals Group (ASX:FMG): ASX tracking 0.3% higher at noon

03 Dec 2020 - The ASX rose at the open and is now tracking 0.3% higher at noon. Shares in Fortescue Metals Group (ASX:FMG) are on the rise today after a boost in the price of iron ore. Shares in Elders (ASX:ELD) are on the slide. Installment payment platform Sezzle (ASX:SZL) report record trading for November with Black Friday and Cyber Monday.

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