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24Jun

Many employees content to stay working from home: ASX set to rise at the open

24 Jun 2020 - Following a rise from US markets for a second day, the ASX looks set to open higher this morning. The US business reopening plans are in disarray as Covid-19 is detected in hotspots such as Texas, Florida, Arizona and California. Back home, a new survey has shown how coronavirus has changed our attitudes to work. Up to 60% of respondents want to split their working time between home and office. The AUD rose again against...

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23Jun

Western Areas (ASX:WSA) shares rise after exploration: ASX closes 0.2% higher

23 Jun 2020 - After some movement before mid-morning trade, the ASX spent the afternoon quite flat, managing to close 0.2% higher. Shares in Western Areas (ASX:WSA) continue to rise today after reports of significant widths of nickel and copper in South Australia. Shares in Challenger (ASX:CGF) dropped today - they announced they had successfully completed the $270 million fully underwritten institutional placement. SCA Property Group (ASX:SCP) reports the total value of their Investment Properties has decreased by $94.6...

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23Jun

Large decline in the imports of cars and petroleum: ASX tracking 0.1% lower at noon

23 Jun 2020 - The ASX rose at the open, took a dip in midmorning trade, and is now tracking almost 0.1% lower at noon. Shares in Western Areas (ASX:WSA) shot up today after reports of significant widths of nickel and copper in South Australia. Shares in investment management company Challenger (ASX:CGF) dropped today after they successfully completed the $270 million fully underwritten institutional placement. Cromwell Property Group (ASX:CMW) advises that ARA Asset Management has announced its intention to...

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23Jun

Tech stocks give Wall Street a huge boost: ASX set to open higher

23 Jun 2020 - The ASX looks set to open higher this morning after tech stocks gave the US market a boost. Apple shares helped the market with a jump of more than 2%. Microsoft and Neflix both gained over 2%. And Zoom is no longer the best performing work-from-home stock. Fastly has taken over – their shares climbed 15% yesterday to $73.27, following 36 per cent surge last week. AMP (ASX:AMP) announced this morning that the sale of...

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19Jun

Aussie shares give up gains, banks, miners sell off: Aus shares close 0.1% higher

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.

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19Jun

Wall St ends mixed amid COVID-19 spikes, muted data: Aus shares to open lower

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...

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