28 Jul 2020 - Following positive leads from US markets with Wall Street closing higher, the Australian share market looks set to open in the green this morning. Market sentiment was boosted on the back of a looming US government stimulus package proposed to aid the impact of coronavirus.
27 Jul 2020 - It has been a positive day of trade for the Australian share market. After opening behind the eight ball, the market rebounded in early trade and ended the day 0.3 per cent higher. Gold surged past the $US1,900 an ounce threshold today for the first time since 2011. Analysts warn that a second wave of COVID-19 lockdowns in Melbourne could spark another round of capital raisings as companies look to strengthen their balance sheet during...
27 Jul 2020 - The Australian share market opened slightly lower this morning following mostly negative leads from international markets and rising geopolitical tensions between China and the US. Despite the drop at the open, the market rebounded in early trade. About half of the sectors are in the green this morning, Materials leading the way. Commsec has released its quarterly State of the States report. For the first time in over a decade Tasmania is number one in...
27 Jul 2020 - Based on the SPI, the ASX is poised to start the week on a negative note following mixed leads from international markets on Friday. The US Commerce Department has announced that sales of new single-family homes in the US soared to a near 13-year high in June. The meteoric rise in home sales comes on the back of low interest rates and a new migration trend sparked by covid-19. Digital Wine Ventures (ASX:DW8) generated total...
24 Jul 2020 - The ASX declined today to close 1.2 per cent lower by 71 points to finish at 6,024, a 0.2 per cent decline over the week. IAG (ASX:IAG) led the drop on the news that it scrapped its dividend after flagging flat growth in gross written premiums. The ABS announced a jump in export growth on the back off strong iron ore exports. BlackWall Property Trust (ASX:BWR) announced it will acquire WOTSO Workspace.
24 Jul 2020 - The ASX slid this morning and is now tracking almost 1.1 per cent lower at noon. The ABS has announced a jump in export growth on the back of strong iron ore exports. Mineral Resources (ASX:MIN) saw record iron ore and lithium production in the June quarter.
24 Jul 2020 - The ASX looks set to drop this morning with mixed results from the US overnight as their job market recovery appears to stall. Coronavirus infections across the US have now surpassed 4 million. Back home, our budget deficit hit almost $86b last financial year. Nufarm (ASX:NUF) has decided to change its financial year end from 31 July to 30 September.
23 Jul 2020 - The Australian share market closed 0.3 per cent up at the end of trade. Treasurer Josh Frydenberg confirmed an $85.8 billion deficit for the last financial year, and an estimated $184 billion deficit for the next financial year. Victoria records 403 new Coronavirus cases, NSW records 19.
23 Jul 2020 - The Australian share market opened lower this morning but is now trading 0.2 per cent up at noon. Treasurer Josh Frydenberg has confirmed an $85.8 billion deficit for the last financial year with that figure reflecting the $289 billion the Morrison Government has allocated to stimulus measures including JobKeeper.
23 Jul 2020 - The ASX looks set to open slightly higher this morning despite tensions rising between the US and China. The United States has ordered China to close its consulate in Houston, as President Donald Trump ramps up pressure against China ahead of the November election. Back home, the Australian dollar jumped to 71.4 US cents, its highest value since April 2019. The Westpac Group (ASX:WBC) today announced the appointment of Anthony Miller as Chief Executive, Westpac...
