05 May 2020 - The Australian share market shot up at the open and continues to maintain momentum and is now tracking 1.3 per cent higher at noon. The Energy sector is topping the list so far today and healthcare coming in last. Zoono Group (ASX:ZNO) invoiced business to business (B2B) sales in excess of NZ$11.0 million (unaudited) for the month of April, 2020.
05 May 2020 - Following a buying spree from US markets, the ASX looks set to open higher this morning. Crude oil gained for a fourth consecutive day. Stocks were lower during much of yesterday’s session after tensions escalated between the Trump administration and China, but energy, information technology and utilities gained with a late session rally. Centuria Capital (ASX:CNI) has agreed to acquire an initial 19% interest in Augusta Capital, New Zealand’s leading listed real estate funds manager.
04 May 2020 - The Australian share market closed 1.4 per cent higher. Almost three quarters of Australian businesses (72%) reported that reduced cash flow is expected to have an adverse impact on business over the next two months.
04 May 2020 - The Australian share market opened lower this morning following continued US-China tensions and is now trading 0.3 per cent higher at noon. Lynas Corporation (ASX:LYC) has restarted its Lynas Malaysia plant.
04 May 2020 - The ASX looks set to open lower this morning as tensions once again increase between China and the US. Trump has mentioned tariffs for China as a renewed trade war seems inevitable. Back home a busy week lies ahead with a RBA Board meeting and quarterly Statement on Monetary Policy. And Afterpay (ASX:APT) is pleased to welcome Tencent Holdings as a substantial shareholder of Afterpay.
01 May 2020 - Negative sentiment from US markets flowed through the Australian market today. It opened in in the red and saw a steady decline throughout the day, finishing 5% lower. Maurice Blackburn Lawyers has launched a shareholder class action law suit against Australia’s biggest wine company, Treasury Wine Estates (ASX:TWE).
01 May 2020 - The Australian share market opened lower following negative economic headwinds from the US and has continued to track lower in the first 2 hours of trade. All of the sectors are in the red, with Energy weighing heaviest on the market. Lifestyle and holiday communities provider, Ingenia Communities Group (ASX:INA) has successfully completed the institutional component of its $150 million placement.
01 May 2020 - Following weak leads from US markets, the Australian share market looks set to open lower. US consumer spending plunged by a record 7.5 per cent in March and another 3.8 million Americans filed for unemployment benefits last week. This news sparked a sell off on Wall Street. Medical diagnostic company, Sonic Healthcare (ASX:SHL) has secured a contract with the Australian Government for the provision of a dedicated pathology service. Packaging solution provider, Orora (ASX:ORA) has...
30 Apr 2020 - The Australian share market rose at the and continued to rally throughout the day, closing 2.4 per cent up at the end of trade.
30 Apr 2020 - The Australian share market opened higher this morning and is now trading 1.3 per cent higher at noon. Splitit (ASX:SPT) will raise $16 million to strengthen its balance sheet to accelerate high growth strategy.
