Yearly Archives - 2020
08Apr

Some states could lift coronavirus restrictions sooner than others: ASX poised to open lower

08 Apr 2020 - Following weak leads from US markets, the ASX looks set to open lower this morning. Britain and New York state have reported their worst daily death tolls since the coronavirus pandemic began. Back home, Prime Minister Scott Morrison says Australia's economic recovery will begin with a be a series of "trials", with some states moving faster than others in lifting COVID-19 shutdown restrictions. Infratil (ASX:IFT) reports that the Longroad Energy has the closed the financing...

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07Apr

RBA reaffirms targets: Aus shares close 0.7% lower

07 Apr 2020 - After a strong start in early trade, the ASX200 slumped mid-morning on the ABS’s announcement that the February trade balance had fallen to around $4.4 billion. It continued to float lower over the afternoon as the RBA announced a potential wind back of its government bond purchases on the secondary markets. Auckland International Airport (ASX:AIA) has completed the bookbuild for its NZ$1B placement.

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07Apr

Strong start stunted by trade data: Aus shares 0.1% higher at noon

07 Apr 2020 - The Australian share market rose at the open following positive leads from Wall Street. The S&P/ASX 200 index is tracking 0.1 per cent or 8 points higher at 5,294. The GPT Group (ASX:GPT) today announced that all properties in the GPT Wholesale Office Fund and the GPT Wholesale Shopping Centre Fund have been independently revalued as at 31 March 2020. The value of the properties was downgraded by approximately $183 million, representing a decline in...

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07Apr

UK PM Boris Johnson moved to intensive care due to coronavirus: ASX poised to open higher

07 Apr 2020 - Following positive leads from US markets, the ASX looks set to open higher. All three major US indexes jumped higher yesterday after reported declines in new coronavirus deaths over the weekend. Over in the UK Prime Minister Boris Johnson was moved to intensive care as his coronavirus symptoms worsened. Kalium Lakes (ASX:KLL) is pleased to announce the appointment of Dale Champion as a non-executive Director of the Company.

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