24 Nov 2020 - It has been a positive day of trade for the Australian share market. The local bourse managed to close 1.3% higher. News of a third potential Covid vaccine boosted markets, with all the sectors ending the day in the green. Cardinal Resources Limited (ASX:CDV) has received an unsolicited conditional off-market takeover offer at A$1.05 cash per share from Engineers & Planners Company.
24 Nov 2020 - The ASX has remained steady throughout the morning and is now tracking 1.2% higher at noon. Contractor NRW Holdings (ASX:NWH) shares are up after looking to buy the Primero Group. Shares in Saracen Mineral Holdings (ASX:SAR) are down though. Huon Aquaculture Group Limited (ASX:HUO) have lost a large number of 4kg fish after a fire broke out at one of the company’s fish pens in Tasmania.
24 Nov 2020 - The ASX looks set to open higher this morning after news of a third potential Covid-19 vaccine. AstraZeneca is the latest major drug-maker to announce its results, meanwhile the US health regulator is expected to approve Pfizer's vaccine for distribution in mid-December. The national lockdown in England will be lifted on December 2nd. And President-elect Joe Biden has reportedly picked Janet Yellen to head the Treasury Department. Fleetwood Corporation Limited (ASX:FWD) has completed their name...
23 Nov 2020 - It has been a positive day of trade for the ASX. The local bourse managed to close 0.3% higher. Shares in Lynas Corp (ASX:LYC) hit a seven year high. Shares in Insurance Australia Group (ASX:IAG) dropped today despite the company successfully completing a $650 million institutional placement. Next Science (ASX:NXS) reports that 3M have agreed to not renew 3M’s distribution agreement for BlastX.
23 Nov 2020 - The ASX rose at the open and is now tracking 0.7 per cent higher at noon. Shares in Mesoblast (ASX:MSB) did well today. Meanwhile, Insurance Australia Group (ASX:IAG) shares dropped today despite the company successfully completing a $650 million institutional placement.
23 Nov 2020 - The ASX looks set to open higher this morning as South Australia’s harsh lockdown restrictions ease. The World Trade Organisation reported on Friday that global trade in goods had rebounded in the third quarter from Covid-19 lockdowns, but predicted a slowdown at the end of 2020. President-elect Joe Biden has promised to rejoin the Iran nuclear agreement if Iran abides by the deal. The Board of Smartpay (ASX:SMP) has made some executive changes.
20 Nov 2020 - The ASX200 ended the day 0.1 per cent lower due to a late session slump. The Healthcare sector led the day driven by a strong performance from Mesoblast (ASX:MSB). At the closing bell the S&P/ASX 200 index closed 8 points lower to finish at 6,539. Moody’s has slashed Crown Resorts (ASX:CWN) credit rating from Baa2 to Baa3, and warns that it will continue to review the rating and may issue a further downgrade.
20 Nov 2020 - The Australian share market opened higher, took a brief dip into negative territory then rose on better than expected economic data. The data was dour but managed to beat the market’s overly pessimistic forecasts.
20 Nov 2020 - The Australian futures market is pointing to a rise at the open of trade, following a late session rally on Wall Street. US markets managed to edge higher despite an unexpected rise in weekly jobless claims and a surge in Coronavirus cases. New Zealand telecom company, Chorus (ASX:CNU) is offering up to NZ$200 million worth of bonds.
19 Nov 2020 - After a shaky start the ASX closed 0.3% higher today. Shares in ALS (ASX:ALQ) did well after reporting strong second quarter performance. Shares in Elders (ASX:ELD) dropped over 11%. 5G Networks (ASX:5GN) has acquired the Brisbane Data Centre in Fortitude Valley.
