19 Jun 2020 - The local share market gave up its gains in late trade alongside a similar loss of strength in US futures. Miners and the big four banks sold off in the lead up to the close. Woodside Petroleum says it would consider pre-empting any deal by a third party to buy departing partner Chevron's stake in the $34 billion North West Shelf venture.
19 Jun 2020 - The local market opened higher this morning following a mixed session in the US overnight. Aussie shares have clawed back some of yesterday’s falls in the first two hours of trade and are now trading 1 per cent higher at 5995. SPI futures are pointing to a rise of 27 points.
19 Jun 2020 - Local shares look set for a weaker start to the day following a mixed finish on Wall Street. Shares in the US had a rather underwhelming session and there seems to be a lack of a catalyst igniting hopes of further gains in the markets. That being said the broader US market is 8 per cent off record levels. Facebook, Amazon and Netflix all closed slightly higher to lift the Nasdaq. But, declines in Carnival...
18 Jun 2020 - The market sank at the open, was hit by job data that Prime Minister, Scott Morrison described as “heartbreaking”, and finished the day 0.9 per cent lower. Ship builder Austal (ASX:ASB) has announced that the United States Department of Defense has awarded Austal USA a modification to a previously contract which may see the company reap an additional US$43.4 million.
18 Jun 2020 - The Australian share market has been sliding since the open following mostly negative leads from Wall Street. The much-anticipated labour force data revealed that the national unemployed rate climbed to 7.1 per cent in May. All of the sectors except Consumer Staples have seen a sell off this morning. Shares in payment solution provider, Splitit Payments (ASX:SPT) are up almost 44% this mornign after it signed a multi-year agreement with Mastercard (NYSE:MA).
18 Jun 2020 - The ASX is set to drop at the open after the Dow and the S&P 500 unwound some of the gains they managed to rack up over the last 3 sessions. Iron ore, gold and oil are trading lower. Westpac Banking Corporation (ASX:WBC) is selling its remaining holding in Pendal Group (ASX:PDL) via an underwritten institutional offer.
17 Jun 2020 - The Australian share market rose at the open closing 0.8 per cent up at the end of trade. The Index growth rate remains in deep negative territory with the growth rate weakening sharply over the last six months, dropping from 0.28% in December to the 4.79% in May.
17 Jun 2020 - The Australian share market opened higher this morning and is now trading 0.2 per cent higher at noon. Starpharma (ASX:SPL) has reported that its DEP lutetium candidate is effective in human prostate cancer models.
17 Jun 2020 - The ASX looks set to open higher this morning. Stocks in the US rose yesterday as they saw a record jump in retail sales. Also, there were positive trial results from a potential coronavirus treatment and hopes of more stimulus. Meanwhile, the International Monetary Fund forecast back in April a contraction of 3 per cent for the global economy in 2020. They report that the current crisis is “unlike anything the world has seen before”....
16 Jun 2020 - It has been a positive day of trade for the ASX. The local bourse managed to close 3.9% higher. All the sectors ended the day in the green. Energy closed the day the highest with Viva Energy pushing up the sector, rising over 15% after a profit upgrade. Cedar Woods (ASX:CWP) is pleased to advise that it has extended the tenure of its $30m finance facility for the Williams Landing Shopping Centre in Melbourne.
