Yearly Archives - 2020
16Mar

Global central banks roll out emergency measures: Aus shares shed 9.7% today

16 Mar 2020 - The Australian share market took a dive at the open and lost ground over the day to close 9.7 per cent lower, as the COVID 19 virus continues to impact global markets. Widespread selling across the board today saw all of the sectors retreat. Industrials and Energy weighed heaviest on the market – both losing over 13 per cent. West African gold-focused exploration and development company, Cardinal Resources (ASX:CDV) has received a notification from Nord...

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16Mar

Volatile times see AUD drop to 61c against the US dollar: ASX set to open higher

16 Mar 2020 - The ASX looks set to open higher after a surge in all three benchmarks in the US on Friday. Wall Street rose after US President Donald Trump released US$50 billion to offset the impact of the coronavirus. These volatile global economic conditions have caused the Australian dollar to fall even further now standing at against the US dollar. Paladin Energy Ltd (ASX:PDN) has successfully completed the sale of Kayelekera Uranium project in Malawi to...

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13Mar

ASX closes in the green: Aus shares close 4.4% higher

13 Mar 2020 - The Australian share market staged a late comeback erasing the day’s losses to finish in the green, closing 4.4 per cent higher. Collins Foods (ASX:CKF) close a Brisbane KFC restaurant after the company confirmed a team member tested positive to COVID-19.

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