25 Aug 2020 - The Australian share market opened higher this morning and is now trading 0.7 per cent up at noon. Seven West Media (ASX:SWM) said advertising market conditions were severely impacted by COVID-19. Emeco (ASX:EHL) has confirmed the completion of its $111 million capital raise.
25 Aug 2020 -The ASX looks set to open higher this morning as the S&P 500 and the Nasdaq reached new record closing highs as optimism lifted over potential medical advances against Covid-19. The oil price lifted as two separate back to back storms in the US Gulf Coast are set to cause large temporary shutdowns to oil and gas production facilities. Ansell (ASX:ANN) report sales of $1.61 billion US, that’s 7.7% growth.
24 Aug 2020 -The Australian sharemarket finished higher after a late afternoon rally. The market gained momentum after CSL pared intraday falls while Afterpay extended its rise to 4 per cent on European expansion plans and Fortescue Metals also extended its rise from 2 to 3 per cent as investors reacted favourably to the dividend beat in its full-year results. The major banks also trimmed some of their earlier losses.
24 Aug 2020 - he local sharemarket is gaining momentum following a flat start despite CSL and the big banks lagging. AMP’s shares are up over 1 per cent after the wealth manager announced Boe Pahari has been stood down while Chairman David Murray has resigned over the handling of a sexual harassment case.
24 Aug 2020 - Local shares are set to start the week in negative territory despite a strong finish to the week on Wall Street. David Murray, John Fraser and Boe Pahari have all resigned from their positions at AMP. New Zealand telco Chorus has reported $52 million in net profit for the 2020 financial year just shy of the $53 million made last year.
21 Aug 2020 - After a strong start, the ASX slumped mid-session and tracked sideways for most of the afternoon to finish the day 0.1 per cent lower. Suncorp (ASX:SUN) jumped over 11 per cent today, as investors responded to its annual results, and its new climate-change commitments.
21 Aug 2020 - The Australian share market opened higher following positive leads from US equity markets and is now tracking flat at noon. Most of the sectors are in the green, with Real Estate Investment Trusts leading the charge. Pathology and imaging healthcare company, Healius (ASX:HLS) has reported underlying net profit after tax from continuing operations was $55.4 million for the year ended 30 June 2020.
21 Aug 2020 - The Australian share market looks set to shake off weak US jobs data to rise at the open, boosted by strong performances for US tech stocks. Figures released overnight show that the number of Americans who filed a claim for unemployment last week rose unexpectedly to approx. 1.4 million. Coles Group (ASX:COL) announced that its wholly owned subsidiary, Coles Group Treasury has re-entered the Australian debt capital markets.
20 Aug 2020 - The Australian share market dropped at the open closing 0.8 per cent down at the end of trade. Sequoia Financial Group (ASX:SEQ) reports a successful FY20 financial performance. The company significantly improved EBITDA of $4.8m, accelerating 2H20 momentum, with EBITDA of $3.4m.
20 Aug 2020 - The Australian share market opened lower this morning and is now trading 1 per cent down at noon. Qantas (ASX:QAN) profit has plunged 91 per cent, posting a $2.7b drop. Wesfarmers (ASX:WES) reports their profit is down 69 per cent. Ainsworth Gaming (ASX:AGI) won't pay dividend.
