Author - Craig Foley
21Feb

AUD falls against the US dollar as coronavirus fears resurface: ASX set to open lower

21 Feb 2020 - Following weak leads from US markets, the ASX looks set to open lower this morning. The AUD has fallen to 66.14 cents against the US dollar - the fall comes after the prospect of lower interest rates and the downturn in China because of the coronavirus. Mayne Pharma (ASX:MYX) report net loss after tax of $17.5 million driven by lower earnings and restructuring expenses in their half-yearly results.

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20Feb

Unemployment rate steady at 5.2%: ASX closed 0.3% higher

20 Feb 2020 - The ASX rose at the open, held momentum closing 0.3% higher. Shares in Wisetech Global (ASX:WTC) continue to fall after yesterday’s downgrade regarding the coronavirus. SmartGroup ASX:SIQ) shares are on the rise after they reported NPATA of $81 million, which was a 4% increase on FY 2018’s profit. iSignthis (ASX:ISX) has taken a 12.96 per cent interest in NSX.

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