12 Nov 2020 - The ASX rose at the open and is now tracking 0.3% lower at noon. Shares in Xero (ASX:XRO) are up after they reported their its six month revenue rose 21% and shares in Telstra (ASX:TLS) are up after they reported a restructure for the company. Centuria Office REIT (ASX:COF) to divest minority interest in a Sydney office block.
12 Nov 2020 - The ASX looks set to open higher this morning for the sixth day in a row as tech shares jumped up in the US. Global markets are still excited about the Covid-19 vaccines expected. Russia reports that early results from trials of their Covid vaccine suggest it could be 92% effective. Telstra (ASX:TLS) is set to restructure into three separate entities, InfraCo Fixed, InfraCo Towers and ServeCo.
11 Nov 2020 - The ASX has continued its rally throughout the morning and is now tracking 1.3% higher at noon. Shares in Virgin Money UK (ASX:VUK) and accounting software company Xero (ASX:XRO) did well today. Shares in JB Hi-Fi (ASX:JBH) fell lower. All sectors are in the black. Synlait Milk (ASX:SM1) has successfully completed the bookbuild for its approximately NZ$180 million underwritten placement.
11 Nov 2020 - It has been a positive day of trade for the ASX closing 1.7% higher – it’s fifth consecutive gain. Energy companies did well today with Whitehaven Coal (ASX:WHC) and Oil Search (ASX:OHS) both seeing gains. Shares in Ramelius Resources (ASX:RMS) didn’t fare so well. Woolworths (ASX:WOW) has committed to use 100% renewable electricity by 2025.
02 Oct 2020 - The Aussie dollar has toppled, and US futures are looking bleak after confirmation that President Donald Trump and First Lady Melania Trump have contracted Covid-19. The session ended 1.4% lower as investors digested what the inevitable instability and uncertainty would mean for the Aussie market. All of the sectors finished in the red.
02 Oct 2020 - The Australian share market opened lower and continued to sink in early trade. Most of the sectors have lost ground this morning, with energy stocks weighing heaviest on the market. Shares in regenerative medicine darling Mesoblast (ASX:MSB) tumbled around 40% this morning after news that the US FDA approval for its lead drug candidate was not going to be the smooth sailing investors had hoped for.
02 Oct 2020 - Aussie shares are tipped to slide at the open following news that the US Republicans and the Democrats are still far from reaching a deal for a fiscal-stimulus package. Demand for oil prices has been dampened by oversupply fears, sluggish economic growth and a resurgence in Covid-19 cases in Europe. Select Harvests (ASX:SHV) has agreed to purchase Piangil Almond Orchard for around $129 million.
01 Oct 2020 - It has been a positive day of trade for the ASXt, with a great start to the fourth quarter. The local bourse managed to close almost 1 per cent higher. Shares in plumbing supplies group Reliance Worldwide (ASX:RWC) shot up today after reporting strong first quarter sales in its US business. Aeris Environmental (ASX:AEI) has successfully partnered with SABCO, an Australian company specialising in cleaning and garden products for over a century.
01 Oct 2020 - The ASX rose at the open is now tracking 1.5% higher at noon. Shares in plumbing supplies group Reliance Worldwide (ASX:RWC) have shot up today after reporting strong first quarter sales in its US business. Meanwhile, shares in Omni Bridgeway (ASX:OBL) are falling this morning. OceanaGold Corporation (ASX:OGC) has entered into an agreement with a syndicate of underwriters to raise $157 million.
01 Oct 2020 - The ASX looks set to rebound morning as Wall Street rose on hopes of a new stimulus. Gold edged down yesterday as a chaotic first US presidential debate drove investors to the safety of the dollar. China's official manufacturing Purchasing Manager's Index came in higher in September compared to August and US private payrolls increased. And business travel management company Serko (ASX:SKO) is conducting an equity raising of up to NZ$55 million.
