Yearly Archives - 2020

Wall Street see positive start to the week: ASX set to open higher

11 Feb 2020 - Wall Street saw a positive start to the week and we can now expect to see the ASX open higher. Gold lifted over night as investors sought safe haven from the economic impact of the coronavirus. Moelis Australia (MOE:ASX) yesterday settled on the purchase of the Beach Hotel, Byron Bay for $104 million.

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PSC Insurance Group (ASX:PSI) acquisition: Aus shares close 0.1% lower

10 Feb 2020 - The Australian share market opened weaker this morning, dropped in the first hour of trade and rebounded over the afternoon to close 0.1 per cent lower. Oil continued its 5 week slide. PSC Insurance Group (ASX:PSI) have acquired both the business assets of Ultimate Safety Solutions Australia, and 75 per cent of the share capital of Eden Software Pty Ltd.

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Ramelius (ASX:RMS) lobs bid to acquire Spectrum Metals (ASX:SPX) : Aus shares 0.5% lower at noon

10 Feb 2020 - The Australian share market opened slightly weaker this morning following negative leads from Wall Street. It has taken a hit over the morning and is trading 0.5 per cent lower at noon. Most of the sectors are in the red, with Energy weighing heaviest on the market.Ramelius Resources (ASX:RMS) is lobbing a bid to acquire Spectrum Metals (ASX:SPX).

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