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24Feb

Pental (ASX:PTL) NPAT reaches $1.48M: Aus shares close 2.3% lower

24 Feb 2020 - The Australian market dropped 2.3% today fuelled by renewed fears of the coronavirus spread. All sectors ended the day in negative territory with travel and entertainment stocks taking a hard hit. The negative sentiment generated by the coronavirus has also pushed the Australian dollar to its lowest point in over a decade. Household goods manufacturer Pental (ASX:PTL) has reported a 2.6 per cent increase in net profit after tax to $1.48 million for the half...

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24Feb

Worley doubles dividend: Aus shares 2.1% lower at noon

24 Feb 2020 - The Australian share market lost ground at the open following cautious leads from the US. It floated lower throughout the first half of the session and is tracking 2.1 per cent lower at noon. Every sector is down, with Consumer Discretionary, Energy and Information Technology losing over 3 per cent this morning. Worley (ASX:WOR) has doubled its interim dividend following strong results for the half year.

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24Feb

Coronavirus caution continues on global markets: ASX poised to open lower

24 Feb 2020 - Following cautious leads from US markets, the ASX looks set to open lower this morning. Tech firms tumbled on Friday in the US. Tensions still surround the coronavirus and its effect on global growth. The Australian dollar continues to fall against the American dollar. The Gentrack Group (ASX:GTK) today announces that Chief Executive Officer Ian Black will be standing down.

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21Feb

AUD falls against the US dollar as coronavirus fears resurface: ASX set to open lower

21 Feb 2020 - Following weak leads from US markets, the ASX looks set to open lower this morning. The AUD has fallen to 66.14 cents against the US dollar - the fall comes after the prospect of lower interest rates and the downturn in China because of the coronavirus. Mayne Pharma (ASX:MYX) report net loss after tax of $17.5 million driven by lower earnings and restructuring expenses in their half-yearly results.

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20Feb

Unemployment rate steady at 5.2%: ASX closed 0.3% higher

20 Feb 2020 - The ASX rose at the open, held momentum closing 0.3% higher. Shares in Wisetech Global (ASX:WTC) continue to fall after yesterday’s downgrade regarding the coronavirus. SmartGroup ASX:SIQ) shares are on the rise after they reported NPATA of $81 million, which was a 4% increase on FY 2018’s profit. iSignthis (ASX:ISX) has taken a 12.96 per cent interest in NSX.

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19Feb

WiseTech (ASX:WTC) shares dropped 27.3%: ASX closed 0.4% higher

19 Feb 2020 - After a flat start the ASX rose after lunchtime trading and managed to close 0.4% higher. Hearing device manufacturer Cochlear’s (ASX:COH) shares jumped over $250. Wisetech Global (ASX:WTC) shares are down over 27 per cent after downgrading its guidance - they blame coronavirus. Caltex Australia (ASX:CTX) confirms that it has received a takeover offer from EG Group to acquire the company's retail business for $3.9 billion.

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19Feb

Wage price index rises in the December quarter: ASX flat at noon

19 Feb 2020 - The ASX dipped at the open and despite a slight rise around mid-morning trade, is now tracking fairly flat at 0.1% lower at noon. Domino’s (ASX:DMP) shares shot up today on the release of their half year results. Wisetech Global (ASX:WTC) shares are down over 20% after downgrading its guidance. Domino's Pizza (ASX:DMP) see global food sales increase by $151.3 million to $1.58 billion, that’s up 10.6% on the prior year.

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