Monthly Archives: June 2020

Market climbs on the last day of the financial year: ASX closes 1.4% higher

30 Jun 2020 - It has been a positive day of trade for the ASX for the end of financial year. The local bourse managed to close 1.4% higher. Shares in Collins Foods (ASX:CKF) are on the up after releasing their year results showing revenue is up 8.9 per cent to $981.7m. Jumbo Interactive (ASX:JIN) shares also dipped today despite extending its partnership with Tabcorp yesterday for an extra ten years.

Gradual recovery in payroll jobs continues: ASX 0.2% higher at noon

30 Jun 2020 - The ASX shot up at the open and is now tracking almost 0.2% higher at noon. Shares in Collins Foods (ASX:CKF) are on the up after releasing their year results showing revenue is up 8.9% to $981.7 million. Shares in Wisetech Global (ASX:WTC) dropped after Founder and CEO, Richard White, sold 2.4 million shares. Infigen (ASX:IFN) Board unanimously recommends investors accept the Takeover Offer from Iberdrola.

AAP sale finalised, Seafolly goes into admin: ASX set to open higher

30 Jun 2020 - Following a claw back from US markets overnight, the ASX looks set to open higher this morning. The future of the AAP newswire has been assured sold to new owners saving the newswire company. Meanwhile, iconic Australian bikini brand Seafolly has gone into administration. Infratil (ASX:IFT) is pleased to announce the completion of its NZ$50 million SPP to existing eligible shareholders.