30 Apr 2020 - The ASX looks set to open higher this morning. US markets ended higher as Trump says he wants the FDA to move “as quickly as they can” to approve the antiviral drug remdesivir as a treatment for the coronavirus. The AUD continues to rise against the USD and had an overnight peak of 65 cents. The ANZ (ASX:ANZ) today announced a Statutory Profit after tax for the Half Year ended 31 March 2020 of $1.55...
29 Apr 2020 - It has been a positive day of trade for the ASX the local bourse managed to close 1.5% higher. Shares in supermarket Coles (ASX:COL) are down despite growing supermarket sales in the March quarter. The Australian dollar saw a rally today. Dicker Data (ASX:DDR) released their first quarter 2020 results today showing net profit climbed 36.3% to $18.4 million.
29 Apr 2020 - The ASX shot up in mid morning trade and is now tracking almost 1.1% higher at noon. Shares in casino operator Crown Resorts (ASX:CWN) rose today after US company The Blackstone Group Inc. purchased a 10% stake in the company. Shares in supermarket Coles (ASX:COL) are down over 4% despite growing supermarket sales 13.8% in the March quarter. The Malaysian government has extended the Movement Control Order to 12 May 2020, delaying the restart of...
29 Apr 2020 - Despite weak leads from US markets, the ASX looks set to open higher this morning. Starbucks Corp. shares fell yesterday after the company missed earnings expectations from the impact of the COVID-19 pandemic on sales. Technology stocks were the biggest drag on the US market yesterday. Back home, the Federal Government's stimulus payments are having a "profound impact" on Australia's households. Zenith Energy (ASX:ZEN) says its core business of supplying power to remote locations has...
28 Apr 2020 - The Australian share market rose slightly at the open but continued to slide closing 0.2 per cent down at the end of trade. The ABS has reported that the total Government revenue exceeded expenses by $17,300m.
28 Apr 2020 - The Australian share market opened slightly higher this morning before falling and is now trading 0.1 per cent lower at noon. Worley (ASX:WOR) says it’s impact from COVID-19 has been limited. More than 7.5 million people living in Australia in 2019 were born overseas (ABS).
28 Apr 2020 - The ASX looks set to open higher as optimism grows that global economies are beginning to look to reopening following on from the coronavirus crisis. In the US Boeing plans to reopen its Dreamliner factory in early May. Back home we are set to see some easing of restrictions. Britain says it’s still too early to relax them there. Air New Zealand (ASX:AIZ) will begin the painful process of materially reducing its workforce as the...
27 Apr 2020 - After a rocky start it has been a mostly positive day of trade for the ASX, the local bourse managed to close 1.5% higher. Shares in Domain Holdings (ASX:DHG) closed over 18 per cent higher and AP Eagers (ASX:APE) also did well today. MedAdvisor (ASX:MDR) today announced that its telehealth and on-demand home delivery features are now live.
27 Apr 2020 - The ASX has been on a rollercoaster in the first few hours of trade rising and dipping to now be tracking almost 0.4% higher at noon. Ord Minnett rates Carsales.com (ASX:CAR) as an Upgrade to a Buy from a Hold. Seven West Media (ASX:SWM) released a statement tody in response to an ASX query concerning media speculation of an offer.
27 Apr 2020 - Following strong leads from US markets, the ASX looks set to open higher this morning. On Friday Trump injected $761b into small businesses and hospitals. US coronavirus cases rose 3.3 %, below the one-week average. Italy will ease its lockdown on May 4 after reporting the fewest deaths since mid-March. And the securities of National Australia Bank (ASX:NAB) will be placed in trading halt.
