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Social restrictions to be eased this weekend: Aus shares close 1.9% lower

12 Jun 2020 - The local share market recovered from its session low of 3.4% but finished down 1.9%, amid weakness in bank stocks. Today’s falls come on the back of losses of 6 to 7…

ASX on track to snap 6-week winning streak: energy & banks lead the bourse 2.4% lower at noon

12 Jun 2020 - The local bourse is on track to snap a six-week winning streak as a sell-off in bank and energy stocks ramps up. The declines follow a slump in US, European and Asian…

Seven Group (ASX:SVW) will not provide market guidance due to uncertainty

12 Jun 2020 - Seven Group Holdings (ASX:SVW) will not provide revised market guidance at this time due to the uncertainty of current and ongoing COVID-19 measures.

Filled jobs fall 0.1 per cent: Aus shares close 0.1% higher

10 Jun 2020 - The Australian share market fell at the open, but closed 0.1 per cent up at the end of trade. Filled jobs fell by 0.1 per cent and hours worked by 0.8 per cent betwee…

Opthea (ASX:OPT) reports positive trial results: Aus shares 0.5% higher at noon

10 Jun 2020 - The Australian share market opened lower but is now trading 0.5 per cent up at noon. Opthea (ASX:OPT) has reported positive Phase 2a trial results for its OPT-302 tre…

Market surpasses 6000-point level: ASX closed 2.4% higher

09 Jun 2020 - The ASX rose at the open and managed to close 2.4% higher. The banks gave the market a boost today. Virgin Money UK (ASX:VUK) and Credit Corp Group (ASX:CCP) shares d…

Tower (ASX:TWR) voluntarily refunds $7.2M: ASX secures 6th week of gains

05 Jun 2020 - The Australian share market made a comeback this afternoon to finish 0.1 per cent higher today, falling just short of the 6,000 point level. The market was buoyed by …

FIRB approval for Avita (ASX:AVH) US move: Aus shares 0.3% lower at noon

05 Jun 2020 - The Australian share market is off to a weak start following mixed leads from Wall Street. It has been a see-saw morning in early trade with the ASX200 down 0.3 per c…

Silex Systems (ASX:SLX) rejoices as US DOE amends sales agreement

05 Jun 2020 - R&D company Silex Systems (ASX:SLX) has announced that the 2016 Sales Agreement between Global Laser Enrichment and the US Department of Energy has been amended to be…

AER releases 5yr regulatory decision for SA Power Networks

05 Jun 2020 - The Australian Energy Regulator (SER) today released its final decision for the next five-year regulatory period for SA Power Networks. Spark Infrastructure Group (AS…

Fourth consecutive day of gains: ASX closes 0.8% higher

04 Jun 2020 - It has been a positive day of trade for the Australian share market hitting four consecutive days of gains. With a sell off around lunchtime the local bourse managed …

Splitit Payments (ASX:SPT) see strong growth throughout May

04 Jun 2020 - Splitit Payments (ASX:SPT) record monthly Merchant Sales Volume of US$25.8 million in May, up 321 per cent compared to May 2019 and up 39 per cent compared to April …

Covid-19 Update, RBA Monetary Statement, China Economics, Deep Dive into Retailing

03 Jun 2020 - Fund Manager Chris Pedersen provides a Covid-19 update and discusses the RBA Monetary Statement, China economics, and retailing.

AUD jumps 1.5% against the USD: ASX poised to open higher

03 Jun 2020 - Following gains from US markets overnight, the ASX looks set to open higher this morning. Around the world stock markets have hit their highest levels since March as …

Australia records another current account surplus: ASX tracking 0.1% lower at noon

02 Jun 2020 - The ASX saw a bit of a rollercoaster ride this morning, dipping again in mid morning trade to now be tracking 0.1% lower at noon. Shares in Vicinity Centres (ASX:VCX)…

Fortescue reaches new record on the back of iron ore price surge, Aussie dollar pops: Aus shares finish 1.1% higher

01 Jun 2020 - The local sharemarket started the new month with a 1.1 per cent rally to finish at 5819 as iron ore miners pushed higher and banks bounced back from a weak start.

Wall Street ends mixed: Aus shares to open lower ahead of a big week for economic data

01 Jun 2020 - The Australian sharemarket looks set to open lower following a mixed result in the US on Friday. Wall Street ended a volatile session with the Nasdaq and the S&P500 m…

Private sector credit steady in April: Aus shares 1.1% lower at noon

29 May 2020 - The Australian share market opened lower and slid throughout the morning as the big four bank rally that we have been seeing the first 4 sessions of the week came to …

Strike Energy (ASX:STX) awarded WA government support

28 May 2020 - Strike Energy (ASX:STX) is pleased to announce that the West Erregulla Gas Project has been awarded Lead Agency Status in WA.

Wall Street grows optimistic on an economy restart: ASX poised to open higher

28 May 2020 - Following a lift from US markets overnight, the ASX looks set to open higher this morning. On Wall Street, optimism grew as more and more companies start to reopen. T…

Construction work fell in the March quarter: ASX tracking 0.3% lower

27 May 2020 - The ASX dropped at the open, pulled back up in mid morning trade and is now tracking 0.3% lower at noon. Financials is the sector leading the way giving the market a …

Sandfire (ASX:SFR) to restart drilling in Botswana

25 May 2020 - Sandfire Resources (ASX:SFR) is set to resume exploration activity in Botswana by early June after the government announced a phased ending of COVID-19 restrictions.

Hospitality boost as NSW eases restictions: Aus shares close 0.96% lower

22 May 2020 - The Australian share market closed 0.96 per cent down at the end of trade. 50 patrons can be seated in pubs and restaurants in NSW from June 1. Air New Zealand (ASX:A…

Afterpay (ASX:APT) a strong performer after releasing US figures: ASX closes 0.4% lower

21 May 2020 - After opening in the black the local bourse lost momentum to close 0.4% lower. NRW Holdings (ASX:NWH) shares shot up today after reporting record revenue of $1.6 bill…

ASX claws back from a drop at the open: ASX closed 0.2% higher

20 May 2020 - The ASX dropped at the open then managed to claw back up to close 0.2% higher. Shares in EML payments (ASX:EML) rose today, as shares in Ausnet Services (ASX:AST) dro…