04 Mar 2020 - The Australian share market opened with more losses this morning and is now tracking 1.2 per cent lower at noon.
04 Mar 2020 - Following negative leads from US markets, the ASX looks set to open lower this morning. In the US the Federal Reserve, in a surprise move, cut its benchmark interest rate by 50 basis points to help with the economic stress caused by the coronavirus. Wall Street initially rallied but then experienced a drop. Westgold Resources (ASX:WGX) reports that underground sub-level cave stoping has recommenced at the Big Bell underground mine.
03 Mar 2020 - The ASX rose at the open and the local bourse managed to close 0.7% higher. The Reserve Bank of Australia delivered a 25-basis-point cut, taking the cash rate to the historic low of 0.5%. Regenerative medicine company AVITA Medical (ASX:AVH) today announced the initiation of the enrollment of the first patient at the Arizona Burn Centre in Phoenix, Arizona.
03 Mar 2020 - The ASX rose at the open and is now tracking 1.9% higher at noon. Shares in Clinuvel (ASX:CUV) rose today after reporting yesterday that their supply of Scenesse – its photoprotective drug – has not been affected by coronavirus. Bega Cheese (ASX:BGA) shares are also on the rise after they reported yesterday a significant increase in earnings. Atlas Arteria (ASX:ALX) is pleased to announce that it has completed the APRR Transaction.
03 Mar 2020 - The ASX looks set to open higher this morning after a volatile day on Wall Street ending with a rise in the Dow. Utilities, tech, consumer staples and real estate all rose more than 5 per cent to lead the S&P 500 higher. Danakali (ASX:DNK) is pleased to announce that the Colluli Mining Share Company (CMSC) has successfully executed phase 1.
02 Mar 2020 - The Australian share market made gains in the back half of the trading session off the back of positive housing data and projections that a cash rate cut may be around the corner. But it was not enough to counteract this morning’s losses. The Financial sector saw the greatest losses. WiseTech Global (ASX:WTC) continued its bullish rally climbing around 13 per cent today.
02 Mar 2020 - The Australian share market is trading at a nine-month low this morning, extending last week’s losses. The ASX200 index has tumbled 2.7 per cent this morning. Credit Suisse has increased its 12 month price target on the a2 Milk Company (ASX:A2M) from NZ$14.40 to NZ$16.38.
02 Mar 2020 - The ASX looks set to kick off the week with pessimism surrounding the spread of the coronavirus and its impact on financial markets. The Aussie dollar took another hit. Australian government yields could drop at the start of trading today. Coronado Global Resources Inc. (ASX:CRN) reports the removal of US restriction on CDIs.
28 Feb 2020 - The ASX200 plunged at the open and has seen another sell-off throughout the day which dragged the index 3.3 per cent lower. The Australian dollar also hit a new 10 year low of US65.28¢, a figure not seen since March 2009. All sectors landed in the red today as did the Futures and Asian markets.
28 Feb 2020 - The Australian share market plunged at the open this morning, as the global selloff continues, and is now tracking 2.8 per cent lower at noon. Horizon Oil (ASX:HZN) CEO terminated.
