Monthly Archives: April 2020

ANZ suspends dividend as profit plunges: ASX poised to open higher

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 [...]

Consumer Price Index rose 0.3% in the March 2020 quarter: ASX 1.1% higher at noon

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 [...]