Yearly Archives - 2020
12Mar

Trump addresses the US on coronavirus and triggers ASX sell-off: ASX tracking 2.5% lower at noon

12 Mar 2020 - The ASX dropped at the open and is now tracking 2.5% lower at noon. US President Donald Trump has just addressed the nation, putting restrictions on all travel to the US from Europe except the UK because of the coronavirus. This will go into effect from Friday evening US time. Integrated Research (ASX:IRI) has signed a significant renewal and extension software licence agreement with JP Morgan Chase, for a total contract value of US$10 million.

Read more...
12Mar

Multi-billion dollar coronavirus stimulus package expected: ASX set to open lower

12 Mar 2020 - Following a steep decline from US markets, the ASX looks set to open lower. The WHO has declared the coronovirus a pandemic. The Federal Government are expected to announce a stimulus package today including one off payments for pensioners and new start recipients and financial boosts for small businesses. The a2 Milk Company (ASX:A2M) expands into Canada.

Read more...
11Mar

All the sectors in the red: ASX closes 3.6% lower

11 Mar 2020 - The ASX fell after early morning trade and continued a downward spiral to close 3.6% lower. Shipping company Austal (ASX:ASB) did well today as did the Steadfast Group (ASX:SDF). As for the sectors today, they all ended up in the red with real estate investment trusts the least worst off and Financials dragging the market. CIMIC Group (ASX:CIM) company UGL has been awarded two rail sector contracts, generating total revenue of more than $180 million.

Read more...
11Mar

Immutep (ASX:IMM) 1H20 results & outlook

11 Mar 2020 - Immutep Limited (ASX:IMM) CEO, Marc Voigt provides an update on the company's 1H20 results, including data from its clinical trials, collaborations with major pharma and outlook for the second half.

Read more...