14 Aug 2020 - The market finished strong today closing 0.6% higher, with most of the sectors capping gains. Information technology rose 4.2%, thanks to an outstanding performance from biotech Mesoblast (ASX:MSB) which skyrocketed around 39% higher on hopes that the FDA will approve its flagship product.
14 Aug 2020 - The Australian share market opened higher following mixed leads from international markets and is tracking 0.5 per cent higher mid-session. Most of the sectors are in the green, with Information Technology and Industrials leading the charge. Credit Suisse rates AGL Energy (ASX:AGL) as an Underperform, with a decreased 12-month price target of $12.60.
14 Aug 2020 - Australian shares are poised to slide at the open after mostly lower results on Wall Street and negative leads from European markets. Reporting Season is well underway, with Iluka Resources (ASX:ILU), National Australia Bank (ASX:NAB) and Newcrest Mining (ASX:NCM) expected to release their financial results today. A subsidiary of Ricegrowers (ASX:SGL), CopRice, has penned a purchase agreement to acquire the dairy and beef business of Riverbank Stockfeeds for under $10 million.
13 Aug 2020 - The Australian share market rose at the open but closed 0.7 per cent down at the end of trade. Employment and hours worked rose in July according to figures released today by the Australian Bureau of Statistics.
13 Aug 2020 - Employment and hours worked rose in July according to figures released today by the Australian Bureau of Statistics. CIMIC Group (ASX:CIM) company CPB Contractors has announced another package win for the week, securing $107 million worth of work across Australia and India.
13 Aug 2020 - US markets closed on a positive foot overnight as the S&P 500 approached a near all-time high, and the Australian share market looks set to open in the green today. On Wall Street, major tech stocks advanced, all up more than 1.5% and US bond yields rose. Seek (ASX:SEK) reported a full-year loss of $111 million and EBITDA declined 9 per cent, these results impacted by the current Covid environment.
12 Aug 2020 - It has been a positive day of trade for the ASX after a small dip around lunchtime the local bourse managed to close 0.1% lower. Fisher & Paykel Healthcare Corporation (ASX:FPH) have been designated an “essential service” and will continue to manufacture products from its Auckland facilities despite New Zealand’s new lockdown. Lifestyle Communities’ (ASX:LIC) profit after tax was $42.8 million for the 2020 financial year, down 22.2%.
12 Aug 2020 - The ASX fell in early trade after a promising start and is now tracking 0.3% lower at noon. Real estate company Unibail-Rodamco-Westfield (ASX:URW) shares are doing well today. Meanwhile, shares in employment company Seek (ASX:SEK) have fallen. Regis Resources (ASX:RRL) has acquired tenement holdings from Stone Resources.
12 Aug 2020 - The ASX looks set to open higher this morning despite shares falling at the end of trade in New York. New Zealand has been rocked by four new coronavirus cases after being Covid-19 free for 102 days. Prime Minister Jacinda Ardern has put Auckland into level three restrictions for three days as a "precautionary approach". Gold has dropped over US$100, facing its worse day in seven years. Commonwealth Bank (ASX:CBA) has reported an 11.3 per...
11 Aug 2020 - The Australian share market rose at the open closing 0.5 per cent up at the end of trade. The number of payroll jobs nationwide remained steady throughout July but Victoria saw a fall, according to figures released by the Australian Bureau of Statistics today
