21 Dec 2020 - The ASX looks set to open lower this morning as the new coronavirus outbreak has led to border restrictions with all states and territories closing their borders to NSW. European countries have closed their borders to the UK and the US is also coping with a second wave. Iron ore is on the up and the AUD is standing at almost US$0.76. Synlait Milk (ASX:SM1) has updated its full year 2021 guidance.
18 Dec 2020 - Despite ending the last session of the week lower, it has been a positive week overall for the Aussie share market. Information technology stocks led the gains this week, with the sector gaining almost 6 per cent. Shares in A2Milk Company (ASX:A2M) dropped over 20 per cent this afternoon, after the company released a guidance update, showing that its sales performance recovery was occurring slower than expected, due to the impact of Covid 19 and...
18 Dec 2020 - The Australian share market opened slightly higher following positive leads from US markets. It’s down after 2 hours of trade, dragged lower by the banks. The S&P/ASX 200 index is 45 points down or 0.7 per cent lower at 6,712. On the futures market the SPI is 53 points higher. AGL (ASX:AGL) says that Unit 3 of its Liddell Power Station is out of service following a transformer incident that “seriously injured” a worker.
18 Dec 2020 - Aussie shares are set for a flat start despite US stocks edging to record highs overnight. US jobless claims came in higher than expected, however investors took this in their stride. The market seems to assume that the unexpectedly high jobless claims may force the 2 major political parties into finally agreeing on a Covid stimulus deal which would bolster the market.
17 Dec 2020 - It was a positive day of trade for the ASX. It continued to climb throughout the day, ending 1.2% higher. Shares in Netwealth (ASX:NWL) performed well today while Whitehaven Coal (ASX:WHL) did not fare well, despite upgrading its Winchester South Project metallurgical coal mine JORC Resource. All of the sectors closed in the black.
17 Dec 2020 - The ASX opened higher this morning with the S&P/ASX 200 Index 45 point higher or 0.7% higher at 6724. Futures are pointing to a rise of 42 points. Freedom Foods Group (ASX:FNP) is to sell its cereal and snacks operations to The Arnott’s Group.
17 Dec 2020 - The ASX looks set to open higher this morning as the US raises its economic outlook slightly. Negotiators in the US Congress are close to agreeing a US$900 billion Covid-19 stimulus bill. Australia launched a formal appeal to the World Trade Organization looking for a review of China's decision to impose large tariffs on imports of Australian barley. And Bitcoin is back in the news as it breaks above US$20,000 for the first time in...
16 Dec 2020 - The sharemarket has had a good session today. The S&P/ASX200 rose 48 points or 0.7 per cent higher to 6,679.Shares in Resolute Mining (ASX:RSG) did well today after announcing the sale of the Bibiani Gold Mine for US$105 million in cash. Shares in Service Stream (ASX:SSM) fell today after announcing they have just secured a significant long-term agreement with the nbn.
16 Dec 2020 - The ASX opened higher this morning with the S&P/ASX 200 Index 75 points up or 1.1% higher at 6,707. Shares in Service Stream (ASX:SSM) are falling today despite announcing they have just secured a significant long-term agreement with the nbn. Shares in Perseus Mining (ASX:PRU) are currently performing the best.
16 Dec 2020 - The ASX looks set to rise this morning as US stocks were boosted by a push for a fresh stimulus package. Yesterday, US Congress moved towards a federal spending package that would boost the economy. Apple shares surged by up to 4%. The AUD is on the up this morning, trading at over US75 cents. Openpay Group (ASX:OPY) reports it has had its best ever month of trading.
