Yearly Archives - 2020

Qantas shares lose 6.4%: ASX closes flat

22 Apr 2020 - The ASX managed to gain momentum today and pull itself up to close flat. WiseTech Global (ASX:WTC) shares surged after reaffirming their guidance today. Qantas (ASX:QAN) shares dropped over 6%. Myer (ASX:MYR) has taken the decision to extend the period of temporary closure of all physical stores until at least 11 May 2020.

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Strong rise in retail sales for March: ASX tracking 0.6% lower at noon

22 Apr 2020 - The ASX dropped at the open and is now tracking 0.6 per cent lower at noon. WiseTech Global (ASX:WTC) shares are 10% up today after reaffirming their 2020 guidance. Shares in Flight Centre continue to fall as do oOh!Media (ASX:OML). Orocobre (ASX:ORE) released their quarterly report today showing production from the Olaroz Lithium Facility was down 11% on the PCP.

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Brent crude futures hit a 20-year low: ASX poised to open lower

22 Apr 2020 - Following weak leads from US markets, the ASX looks set to open lower this morning. The world's tally of confirmed coronavirus cases has passed 2.5 million. In Australia, 24 cases have been reported in the past 24 hours. Netflix has seen a big jump in subscribers but the stock bounced around after their earnings release. Virtus Health (ASX:VRT) supports today’s decision by the Australian Federal Government to lift the suspension on elective surgery, including Assisted...

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RBA Minutes: Market conditions stabilised but remain fragile: ASX tracking 0.7% lower at noon

21 Apr 2020 - The ASX fell lower at the open and struggled to gain momentum and is now tracking 0.7% lower at noon. Shares in aerial imaging company Nearmap (ASX:NEA) did well today. Meanwhile, shares in Metcash (ASX:MTS) declined as did Wisetech Global (ASX:WTC). The Utilities sector is the only sector in the green. PolyNovo (ASX:PNV) shares are up after their results from a successful trial.

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