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Copyright 2022 – Finance News Network
Source: Finance News Network
Merry Christmas and Happy New Year from everyone at Finance News Network.
Copyright 2022 – Finance News Network
Source: Finance News Network
04 Feb 2021 - The ASX looks set to open lower this morning following mixed leads from Wall St. The S&P 500 ended higher for a third day in a row. Shares in Alphabet soared nearly 8 per cent following its reported growth of 23 per cent as their advertising business remained strong. While back home, Victorians are waking up to new restrictions following a hotel quarantine worker testing positive to covid-19.
Read More18 May 2022 - Wall St roared as investors felt optimism on the news from China with no new Covid-19 cases for three days in Shanghai and several economic figures, indicating the strength of the company. Travel stocks took-off, banks stock rallied, riding on the coattails of Berkshire's latest move.
Read More04 Aug 2020 - The ASX lifted at the opening bell, rising more than 2 per cent to above 6,000, fuelled by tech stocks and a lift in the major banks. All sectors are in the green, even though retail faces a tough term ahead as non-essential bricks-and-mortar stores are forced to shut down in Melbourne for at least six weeks. JB HI-FI (ASX:JBH) will temporarily close its bricks-and-mortar JB HI-FI and The Good Guys stores across metropolitan Melbourne...
Read More12 Aug 2021 - Major indexes around the globe continued its trend as investors' nerves eased on the lower-than-expected rise of the U.S consumer price index. M&A activity in Europe helped their climb. A review of ASX activity yesterday buoyed by big names. Why Citi upgrades James Hardie (ASX:JHX) as a buy.
Read More14 Apr 2020 - The ASX had a little dip in early morning trade but then rose within the first hour of trading now tracking almost 0.5% higher at noon. Energy companies have opened mixed following the deal among Opec and other oil producing nations to cut crude production. Gold producers are all up. Bega Cheese (ASX:BGA) wins Kraft Heinz legal proceedings.
Read More18 Nov 2020 - The ASX looks set to open higher this morning despite fresh lockdowns and restrictions as Covid-19 infections rise in some countries. NSW residents are now being advised to delay non-essential travel to South Australia, following a Covid-19 outbreak in the state. Perpetual Limited (ASX:PPT) has successfully completed its acquisition of a 75% interest in US-based investment management business, Barrow, Hanley, Mewhinney & Strauss.
Read More17 Mar 2020 - The ASX looks set to open lower this after a disastrous day on Wall St due to the coronavirus impact. The Dow Jones has closed down almost 13%, the biggest one-day fall in percentage terms since the 1987 stock market crash. Rio Tinto (ASX:RIO) is working to ensure Oyu Tolgoi is operating in accordance with the restrictions the Mongolian authorities have put in place to contain the spread of COVID-19.
Read More15 Jun 2022 - Wall Street closed mixed as investors await the Federal Reserve's interest rate hike announcement. ASX entered correction territory. What to look out for locally today.
Read More22 Apr 2020 - The ASX managed to gain momentum today and pull itself up to close flat. WiseTech Global (ASX:WTC) shares surged after reaffirming their guidance today. Qantas (ASX:QAN) shares dropped over 6%. Myer (ASX:MYR) has taken the decision to extend the period of temporary closure of all physical stores until at least 11 May 2020.
Read More07 Jul 2020 - The Australian share market shot up at the open and is now tracking 0.1 per cent higher at noon. The materials sector is doing well today with shares in St Barbara (ASX:SBM), Fortescue Metals Group (ASX:FMG) and Gold Road Resources (ASX:GOR) all seeing a rise. Shares in New Hope Corporation (ASX:NHC) and Mesoblast (ASX:MSB) meanwhile took a dip. Iberdrola's take-over offer for renewables company Infigen (ASX:IFN) has been given approval from the Foreign Investment Review...
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