Monthly Archives - December 2020

Wall Street closes out a losing week: Aus shares to open flat

14 Dec 2020 - Australian shares are set to open flat after following a big week in which shares pushed higher by an iron ore surge but Wall Street see sawed. The S&P 500 fell on Friday, wrapping up a losing week, as the outlook for additional fiscal stimulus remains uncertain. Friday’s moves came as negotiations over a coronavirus relief deal dragged on.

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Cardinal (ASX:CDV) increases takeover offer for Nordgold: Aus shares 0.3% lower at noon

11 Dec 2020 - The Australian share market opened lower and continued this down trajectory for the first part of the session. Just over half of the sectors are trading lower this morning. Energy however, has managed to buck the trend, rising 1.7 per cent as the iron ore price edged higher. Nordgold has increased its takeover offer for Cardinal Resources (ASX:CDV). The all cash offer price under the unconditional on-market takeover offer has been increased from $1.00 to...

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