08 Sep 2020 - The Australian share market has had a stellar start to the morning opening higher, and is now trading almost 1 per cent up at noon. Scentre Group (ASX:SCG) has collected $183 million of rent in August, following a public dispute with Mosaic Brands' (ASX:MOZ) retailers.
08 Sep 2020 - Aussie shares are slated to open higher today, following bullish European gains. The US is considering striking China’s tech sector by imposing restrictions on exports to SMIC. Under-suspension iSignthis (ASX:ISX) has retaliated against the ASX with a damage claim worth $464.7 million.
07 Sep 2020 - The Australian share market finished a seesaw session firmly higher after a late rally. Biotech giant CSL (ASX:CSL) closed 1 per cent higher after news the Federal Government will fund the company to help it manufacture a COVID-19 vaccine. The major banks and miners helped to offset losses in energy and industrials. Shares slipped to one month lows at the open but clawed back to finish up 19 points or 0.3 per cent higher at...
07 Sep 2020 - Australian shares are bouncing back from a dip at the open. CSL has risen almost 1 per cent on news of its COVID-19 supply deal with the Federal Government. BHP Group has risen 2.5 per cent and Rio Tinto is up almost 3 per cent. The S&P/ASX 200 index is 25 points up or 0.4 per cent higher at 5950. On the futures market the SPI is 33 points higher.
07 Sep 2020 - Local shares are expected to open lower this morning however the rate of losses is expected to be much more moderate than Friday’s retreat. The Victorian Government’s extension of its lockdown may lead to more domestic economic concerns as hundreds of businesses remain closed.
04 Sep 2020 - The Australian share market plunged in early trade, dragged down by Aussie tech stocks and tracked sideways for most of the day to finish 3.1 per cent lower. Tech stocks shed 5.6 per cent today and every sector lost 1.7 per cent or more. Meanwhile, iron ore continues to trade at 6-year highs. Macquarie expects vehicle leasing and salary packaging company, Eclipx Group (ASX:ECX) to outperform, assigning it a 12 month price target of $1.70.
04 Sep 2020 - Plunging Aussie tech stocks have dragged the ASX 200 2.7% lower this morning. This followed a sharp decline in US tech stock on Wall Street overnight. All of the sectors are in the red this morning, with Information Technology dropping over 4%. 360 Capital Digital Infrastructure Fund (ASX:TDI) has agreed to take a $25 million stake in the Macquarie Infrastructure and Real Assets-led consortium.
04 Sep 2020 - The Australian share market is set to open lower after US stocks retreated overnight as profit taking pulled a handbrake on the bullish US tech rally. US benchmark indices pared losses in late trade, with tech stocks dragging on the market. WAM Capital (ASX:WAM) has made an off-market takeover offer for rival listed investment company Concentrated Leaders Fund (ASX:CLF).
03 Sep 2020 - The Australian share market shot up at the open following strong performance levels on Wall Street, especially record highs on the Nasdaq and S&P 500. Australia has recorded a $4.6 billion trade surplus for July, a drop of $3.5 billion. The big four banks all made gains of up to 2 per cent, as financials closed 1.3 per cent higher to keep the ASX in positive territory.
03 Sep 2020 - The Australian share market opened higher this morning and is now trading 1 per cent up at noon. Regis Recourses (ASX:RRL) has completed its acquisition of the Ben Hur Mineral Resource. Wisr (ASX:WZR) has launched a secured vehicle lending product.
