22 May 2020 - The Australian share market closed 0.96 per cent down at the end of trade. 50 patrons can be seated in pubs and restaurants in NSW from June 1. Air New Zealand (ASX:AIZ) CEO Greg Foran reduces executive team.
22 May 2020 - The Australian share market opened higher this morning and is now trading 0.3 per cent lower at noon. Worley (ASX:WOR) has been awarded a contract by Hardisty Energy Terminal for services in Canada. Wesfarmers (ASX:WES) reports $780 million in writedowns.
22 May 2020 - Following a fall in US markets overnight, the ASX looks set to open lower this morning. Mining stocks pulled the market down yesterday after reports changes to China's rules around inspecting iron ore could hit Australian exporters. In the US, President Donald Trump has said he will not close the country if a second wave of coronavirus infections hits. Cromwell Property Group (ASX:CMW) has settled the sale of a 50% stake in two office blocks...
21 May 2020 - After opening in the black the local bourse lost momentum to close 0.4% lower. NRW Holdings (ASX:NWH) shares shot up today after reporting record revenue of $1.6 billion for 10 months and EBITDA of $177 million. Afterpay (ASX:APT) was a strong performer. Insurance broking and underwriting company the Steadfast Group (ASX:SDF) has chosen to release its unaudited April 2020 reports.
21 May 2020 - The ASX has had a rollercoaster of a morning dipping in midday trade after a rise at the open and is now tracking 0.2% lower at noon. Shares in NRW Holdings (ASX:NWH) are up as are Perenti Global (ASX:PRN). Shares in gambling machine manufacturer, Aristocrat Leisure (ASX:ALL) took a dip today after reporting their first half net profit was down 13%. And Breville Group's (ASX:BRG) SPP opens today.
21 May 2020 - After a tech rally on US markets overnight, the ASX looks set to open higher this morning. Facebook shares surged up 6%, Amazon rose as did Apple and Google. Meanwhile, the number of newly reported coronavirus cases worldwide hit a daily record this week. Fonterra Co-operative's (ASX:FSF) profit has soared but the forecast for the farmgate milk price range has narrowed showing uncertainty about global markets.
20 May 2020 - The ASX dropped at the open then managed to claw back up to close 0.2% higher. Shares in EML payments (ASX:EML) rose today, as shares in Ausnet Services (ASX:AST) dropped. As for the sectors today Infotech led the day and Utilities fell lower. Aspen Group (ASX:APZ) has entered into a contract to acquire a partially refurbished co-living community at in Newcastle, NSW.
20 May 2020 - The ASX is now tracking almost 0.2% lower at noon. EML payments (ASX:EML) rose today after reporting that they remain on course to deliver a solid full year result despite the pandemic. Revenue for the nine months ending March 31 was up 20%. Credit Suisse rates Abacus Property Group (ASX:ABP) as an Upgrade to an Outperform from a Neutral.
20 May 2020 - After Covid-19 vaccine hopes were questioned yesterday, US markets fell overnight. The Australian share market npw looks set to open lower this morning. Experts now say there is no real way to know how successful the vaccine could be. New Zealand’s Fletcher Building (ASX:FBU) is looking at reducing the number of people employed by 1,500.
19 May 2020 - It has been a positive day of trade for the ASX it managed to maintain momentum with the local bourse closing 1.8% higher. Shares in Unibal-Rodamco-Westfield (ASX:URW) rose today after France and Germany proposed a 500 billion euro recovery fund for the pandemic. The company has shopping centres in Europe. Cloud call recording service Dubber Corporation (ASX:DUB) has entered into a binding agreement to acquire CallN.
