15 Dec 2020 - The local sharemarket ended lower today after failing to gain momentum after a drop at the open. Shares in Reliance Worldwide Corporation (ASX:RWC) are doing well today meanwhile, shares in Mesoblast (ASX:MSB) dropped over 15%. DWS Limited (ASX:DWS) says FIRB has confirmed to HCL that the Treasurer has no objection to the proposed acquisition.
15 Dec 2020 - The ASX opened lower this morning with the S&P/ASX 200 Index 11 points down or 0.2% lower. Shares in Xero (ASX:XRO) did well today meanwhile shares in Mesoblast (ASX:MSB) didn’t do so well after releasing a report that its cell therapy treatment didn’t quite make expectations in its phase three trials. ACCC alleges unconscionable, misleading conduct from the Retail Food Group.
15 Dec 2020 - The ASX looks set to open higher this morning. US stocks fell for a fourth day as Covid-19 continues to rage across the country threatening harsher restrictions. Three million doses of Pfizer’s Covid-19 vaccine has been sent out for immediate distribution. And London has moved into top tier of restrictions as UK identifies new Covid variant. The Australian dollar had risen slightly to 75.3 US cents. BCI Minerals (ASX:BCI) has been granted approval from the...
14 Dec 2020 - The local sharemarket has started the week on a positive note despite weak leads from Wall Street. The S&P/ASX200 rose 18 points or 0.3 per cent to 6660. Wesfarmers shares have added 2.8 per cent today to hit a record high of $50.985. Afterpay shares rose 8.8 per cent to a record high of $109.93 amid optimism about its partnership and as the stock closes in on its entry into the ASX20.
14 Dec 2020 -The S&P/ASX 200 Index is up 0.5 OR 32 points at 6674 Futures are pointing to a rise of 47 points. per cent at points following the first two hours of trade. Tech is leading the way with Afterpay shares reaching an intraday record of $106 ahead of the company’s entry into the ASX20
14 Dec 2020 - Australian shares are set to open flat after following a big week in which shares pushed higher by an iron ore surge but Wall Street see sawed. The S&P 500 fell on Friday, wrapping up a losing week, as the outlook for additional fiscal stimulus remains uncertain. Friday’s moves came as negotiations over a coronavirus relief deal dragged on.
11 Dec 2020 - The Aussie market punctuated the end of the week with a loss. After opening lower, the ASX200 lost ground early in the session and tracked sideways for most of the day to end 0.6 per cent lower. All of the sectors ended lower except Energy, Tech and Materials.
11 Dec 2020 - The Australian share market opened lower and continued this down trajectory for the first part of the session. Just over half of the sectors are trading lower this morning. Energy however, has managed to buck the trend, rising 1.7 per cent as the iron ore price edged higher. Nordgold has increased its takeover offer for Cardinal Resources (ASX:CDV). The all cash offer price under the unconditional on-market takeover offer has been increased from $1.00 to...
11 Dec 2020 - Aussie shares are set for a dip at the open following a lacklustre finish on Wall Street. Shares in vacation rental online marketplace Airbnb more than doubled after listening on the Nasdaq last night. Meanwhile, iron ore continues to improve. CSL’s (ASX:CSL) Phase 1 Covid vaccine trial with the University of Queensland will not progress to Phase 2 after the drug caused participants to have “false positive” readings for HIV.
10 Dec 2020 - The ASX failed to gain momentum today closing 0.7% lower. Shares in Fortescue Metals Group (ASX:FMG) did well today after yesterday reporting their first ore at Eliwana Mine. Adbri (ASX:ABC) has made some changes to its leadership team.
