Author - Craig Foley

Unemployment falls to 5.1%: ASX tracking 0.7% lower at noon

23 Jan 2020 - The ASX fell at the open and is now tracking 0.7% lower at noon. CIMIC Group (ASX:CIM) shares dropped today after they announced they will exit the Middle East expecting to take a one-off charge of $1.8b. The directors of Encounter Resources (ASX:ENR) in joint venture with Newcrest (ASX:NCM) identified bedrock gold mineralisation and geological controls at Afghan and Mojave prospects.

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Stocks slide as Coronavirus moves to the US: ASX poised to open lower

23 Jan 2020 - The ASX is set to open lower this morning after being rocked by news of China’s virus seeing the death toll rise to 17. Meanwhile, over in Europe Trump says the EU has “no choice” but to negotiate a new trade deal with America. Cann Global (ASX:CGB) has signed a contract deal with EPCO Foods Co. in Vietnam and COSTCO Australia.

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