Monthly Archives: October 2020

Sigma (ASX:SIG) GM charged with insider trading: Aus shares down 0.6%

30 Oct 2020 - A negative day of trade for the last trading session of the month. After rising at the open, and losing steam mid-session, the ASX 200 unwound some of its losses during the second half of the session but closed 0.6 per cent lower. Citi rates Fortescue Metals Group (ASX:FMG) as a buy, with a price target of $18.50. A general manager employed by Sigma Healthcare (ASX:SIG) has been charged with two counts of insider trading. [...]

Healthia (ASX:HLA) acquisition sweep: Aus shares to bounce at the open

30 Oct 2020 - Aussie stocks are set to bounce at the open, following a late recovery on Wall Street. US stocks sprang back in anticipation of quarterly earnings results from a number of big tech companies who are set to report after the closing bell including Apple, Amazon and Google’s parent company Alphabet Inc. Gross domestic product in the US shot up 7.4 percent quarter on quarter according to data released by the US Commerce Department. Meanwhile the [...]

Energy sector pulls on the market: ASX closes 1.6% lower

29 Oct 2020 - The ASX closed 1.6% lower. Despite welcoming back customers in metropolitan Melbourne after their temporary closure due to covid, shares in JB Hi-Fi (ASX:JBH) didn’t do so well today. The rest of their trading update failed to impress investors. Shares in Whitehaven Coal (ASX:WHC) were on the rise today. Pilbara Minerals (ASX:PLS) lithium production has seen a 49% rise in sales volumes in the September quarter.