Yearly Archives - 2020

Global stocks plunge on virus fears: ASX poised to open lower

06 March 2020 - Following negative leads from US markets, the ASX looks set to open lower this morning. Stocks plunged in the US erasing most of the gains from earlier in the week. Coronavirus continues to spread with US deaths on the rise. European stocks tumbled. WCM Global Growth’s (ASX:WQG) portfolio returned -1.79 per cent for the month ended February 2020.

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All sectors close in the black: ASX closes 1.1% higher

05 Mar 2020 - It has been a welcome positive day of trade for the ASX which opened higher, and closed 1.1% higher. Jumbo Interactive (ASX:JIN) saw their shares fall as did Corporate Travel Management (ASX:CTD). As for the sectors today Healthcare led the day and Industrials fell lower. Alkane Resources (ASX:ALK) has announced that Export Finance Australia will support development of the Dubbo Project.

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TPG (ASX:TPM) shares soar on ACCC merger decision: ASX tracking 1.8% higher at noon

05 Mar 2020 - The ASX shot up at the open and is now tracking 1.8% higher at noon. Shares in TPG Telecom (ASX:TPM) rose after the ACCC said they would not appeal the merger with Vodafone. Azerbaijan International Operating Co. has awarded Worley (ASX:WOR) a contract for engineering, procurement and construction services as part of a gas lift project.

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