Yearly Archives - 2020

Merry Christmas from FNN: ASX closes 0.3% higher

24 Dec 2020 - The ASX rose at the open on a shortened day of trade to end 0.3% higher. All of the sectors ended higher except for healthcare and utilities. Shares in Credit Corp (ASX:CCP) are up over 19% after the company entered into an agreement to purchase $160 million book of debts from receivables management company, Collection House.

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Market to close early today for Christmas: ASX set to open higher

24 Dec 2020 - The ASX looks set to open higher this morning following leads from Wall Street and Europe. UK Bond yields and the British pound jumped yesterday on reports that a long-awaited Brexit trade deal between Britain and the EU was close. It’s a shortened session today with the market closing at 2:10 pm due to Christmas. Stocks often experience a Santa rally so we will be keeping our eyes open for that. The a2 Milk Company...

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Materials the only sector to shed today: ASX closed 0.7% higher

23 Dec 2020 - The local sharemarket rose at the open and managed to close 44 points up or 0.7% higher at 6,643. Shares in Mesoblast (ASX:MSB) rallied today despite no new news from them. Materials only sector that shed today. Origin Energy (ASX:ORG) will invest an additional £36 million (approximately $65 million) in Octopus Energy Group

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Imports of goods up 11% in November: ASX tracking 0.5% higher at noon

23 Dec 2020 - The ASX opened higher this morning with the S&P/ASX 200 Index 35 points up or 0.5% higher at 6,635. Shares in the Smart Group Corp (ASX:SIQ) are on the up today after reporting their operating EBITDA is expected to be approximately $47 million for the second half. Shares in Ramelius Resources (ASX:RMS) are currently dropping. Materials is the only sector to make losses so far this morning.

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