Yearly Archives - 2020

Investors monitor new Covid strain in the UK: ASX set to open higher

23 Dec 2020 - Following mixed leads from US markets, the ASX looks set to open higher. Stocks recovered ground across Europe yesterday. New South Wales residents wait anxiously to hear from the Premier later today on social gathering restrictions for Christmas. The number of cases in the state has so far been tracking down from 30 to just 8 yesterday. Challenger (ASX:CGF) has entered into an agreement to acquire MyLifeMyFinance for $35 million.

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Syrah (ASX:SYR) partners with Solar Century Africa: Aus shares 0.9% lower at noon

22 Dec 2020 - The Australian share market opened higher but slumped in the first 2 hours of trade following mixed leads from Wall Street. All of the sectors are down, except Real Estate Investment Trusts. MyDeal.com.au (ASX:MYD) has appointed Lachlan Freeman as Chief Financial Officer. Syrah Resources (ASX:SYR) has signed an agreement with Solar Century Africa to progress a solar and battery storage hybrid power system.

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US Banks support late session recovery on Wall Street: Aus shares to open lower

22 Dec 2020 - Aussie futures are pointing to a fall at the open despite a late recovery on Wall Street. News of the new highly infectious Covid virus variant in the UK had the S&P 500 on track for its worse daily loss in a month, overshadowing optimism over US lawmakers finally agreeing on a stimulus deal. US indices managed to stage a recovery later in the session and unwind many of their losses as banks rallied on...

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