19 Feb 2020 - The local sharemarket is set for a flat start in early trading following a mixed session on Wall Street yesterday. Lottery company Tabcorp (ASX:TAH) has announced group revenue rose 4.4 per cent for the first half of 2020 and earnings (EBITDA) were up 2.1 per cent compared to the prior corresponding period.
18 Feb 2020 - The ASX closed 0.2% lower today failing to gain momentum after dropping at the open. Shares in the Monadelphous Group (ASX:MND) rose today after they released their results showing a revenue rise. Tech stocks slid with Altium (ASX:ALU) falling the most. The best-performing sector is utilities. The Coles Group (ASX:COL) set aside $20 million for underpaid salaries.
18 Feb 2020 - The ASX dropped at the open and is now tracking 0.2% lower at noon. Shares in Seven West Group also rose. Shares in the Monadelphous Group (ASX:MND) rose today after they released their results showing a revenue rise of $852 million, an increase of 2.6%.
18 Feb 2020 - Wall Street was closed yesterday due to President’s Day. The ASX looks set to open flat this morning. European stocks closed higher as China’s central bank announced fresh policy to shield its economy from Coronavirus. Meanwhile, Apple reports they will not meet their quarterly revenue forecast as a result of the virus outbreak. Rio Tinto’s (ASX:RIO) iron ore operations in the Pilbara are progressively resuming following the passing of Tropical Cyclone Damien.
17 Feb 2020 - A bullish run in the back half of the session has boosted the market. However, it wasn’t enough to counteract this morning’s losses. The market closed 0.1% lower today. A subsidiary of GR Engineering Services (ASX:GNG) has secured an agreement with the Department of Industry, Science, Energy and Resources of the Australian Government.
17 Feb 2020 - The Australian share market saw a short-lived spike at the open but has floated lower over the morning trade and is now tracking 0.4% lower after the first two hours of trade.Credit Suisse has upgraded Beach Energy (ASX:BPT) from a neutral to an outperform, with a 12 month price target of $2.49.
17 Feb 2020 - Following mixed leads from US markets, the ASX looks set to open higher this morning. It’s a huge reporting week this week with more than 70 companies due to report such as BHP, Coles, Crown, Fortescue Metals, and Qantas and Santos. Universal Coal (ASX:UNV) made a recommendation to its shareholders on Friday to take no action regarding the unsolicited bid by TCIG Resources Pte.
14 Feb 2020 - The ASX is currently on the rise and is now tracking 0.2% higher at noon. Amp (ASX:AMP) shares are on the up despite posting a huge full-year loss yesterday and noting that shareholders will not receive a dividend. Promedicus (ASX:PME) shares continue to fall along with Breville (ASX:BRG). Ridley Corporation (ASX:RIC) has settled the legal proceedings started against it by Baiada.
14 Feb 2020 - The ASX is currently on the rise and is now tracking 0.2% higher at noon. Amp (ASX:AMP) shares are on the up despite posting a huge full-year loss yesterday and noting that shareholders will not receive a dividend. Promedicus (ASX:PME) shares continue to fall along with Breville (ASX:BRG). Ridley Corporation (ASX:RIC) has settled the legal proceedings started against it by Baiada.
14 Feb 2020 - The ASX is currently on the rise and is now tracking 0.2% higher at noon. Amp (ASX:AMP) shares are on the up despite posting a huge full-year loss yesterday and noting that shareholders will not receive a dividend. Promedicus (ASX:PME) shares continue to fall along with Breville (ASX:BRG). Ridley Corporation (ASX:RIC) has settled the legal proceedings started against it by Baiada.
