Yearly Archives - 2020

Virus fears weigh on market: ASX closes 1.4% lower

28 Jan 2020 - It has been a negative day of trade for the Australian sharemarket with local bourse sinking below 7000 as investors sold off on worries about the coronavirus. Shares in travel company Webjet (ASX:WEB) fell almost 14 per cent today on fears surrounding the virus and a downgrade from Morgan Stanley.

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Global markets sweat over Coronavirus: ASX poised to open lower

28 Jan 2020 - Following negative leads from US markets, the ASX looks set to open lower this morning as markets continue to be rocked by the coronavirus. Several companies, including Walt Disney in China, are suspending operations until further notice. On the commodities front, oil dropped below $60 for the first time in three months. Gold rose. BINGO (ASX:BIN) today advised that the ACCC is conducting an investigation into the B&D waste sector in New South Wales.

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