29 May 2020 - Despite today’s losses, the market finished the week 4.5% higher. That’s the fifth consecutive week of gains for the ASX200. Investors are optimistic that the easing of covid-19 restrictions will signal an economic rebound. Heavy industry engineering and construction company Lycopodium (ASX:LYL) has revised its NPAT guidance for the financial year ending 30 June down to $11.5 million.
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 an end. It is now tracking 1.1 per cent lower at noon.
29 May 2020 - Toll road operator, Atlas Arteria (ASX:ALX) has successfully completed its $420 million equity raising.
29 May 2020 - Utilities software solutions provider, Gentrack Group (ASX:GTK) has seen a 78 per cent decline in EBITDA to $4.3 million for the half-year to 31 March 2020, compared to the prior corresponding period.
29 May 2020 - Kip McGrath Education Centres (ASX:KME) have seen a boost in online business on the back of covid 19.
29 May 2020 - New Zealand insurer, Tower (ASX:TWR) has reported first half profit of $14.9 million after tax.
29 May 2020 - Australian futures are pointing to a weak start after the Dow dropped almost 300 points in late session trade. The Australian National Cabinet will meet today to discuss how the lifting of lock down restrictions has progressed across the country and to develop public transport guidelines. Nine Entertainment Co Holdings (ASX:NEC) has revised its contract with the NRL for the next three years.
28 May 2020 - The Australian share market rose at the open and continued to rally, closing 1.3 per cent up at the end of today’s trade. 93% of businesses accessed support measures - ABS.
28 May 2020 - The Australian share market opened higher this morning and is now trading 2.31 per cent up at noon.
28 May 2020 - WiseTech Global (ASX:WTC) today announced it has renegotiated earnout arrangements for a number of its strategic acquisitions.