Yearly Archives - 2020

Coronavirus caution continues on global markets: ASX poised to open lower

24 Feb 2020 - Following cautious leads from US markets, the ASX looks set to open lower this morning. Tech firms tumbled on Friday in the US. Tensions still surround the coronavirus and its effect on global growth. The Australian dollar continues to fall against the American dollar. The Gentrack Group (ASX:GTK) today announces that Chief Executive Officer Ian Black will be standing down.

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AUD falls against the US dollar as coronavirus fears resurface: ASX set to open lower

21 Feb 2020 - Following weak leads from US markets, the ASX looks set to open lower this morning. The AUD has fallen to 66.14 cents against the US dollar - the fall comes after the prospect of lower interest rates and the downturn in China because of the coronavirus. Mayne Pharma (ASX:MYX) report net loss after tax of $17.5 million driven by lower earnings and restructuring expenses in their half-yearly results.

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Unemployment rate steady at 5.2%: ASX closed 0.3% higher

20 Feb 2020 - The ASX rose at the open, held momentum closing 0.3% higher. Shares in Wisetech Global (ASX:WTC) continue to fall after yesterday’s downgrade regarding the coronavirus. SmartGroup ASX:SIQ) shares are on the rise after they reported NPATA of $81 million, which was a 4% increase on FY 2018’s profit. iSignthis (ASX:ISX) has taken a 12.96 per cent interest in NSX.

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