04 Dec 2020 - The ASX200 gained momentum throughout the day to close 0.3% higher, with investors choosing to pick up banks and energy stocks ahead of the weekend. That marks the fifth week of gains for the index. At the closing bell the S&P/ASX 200 index closed 19 points higher to finish at 6,634. Over the week, the market has gained 33 points or 0.5%.
04 Dec 2020 - The Australian share market opened slightly lower despite positive leads from Wall Street, but quickly changed direction and has gained 0.3 per cent over the morning. Almost all of the sectors are up this morning, with Financials leading the charge. Australian medical cannabis stocks are trading higher at the end of the week, after the United s Nations reclassified cannabis as a less dangerous drug yesterday. Cannabis is now considered a Schedule I drug– that’s [...]
04 Dec 2020 - CIMIC Group’s (ASX:CIM) UGL has secured multi-year contracts in the utilities sector worth over $112 million.
04 Dec 2020 - Subscription-based meal kit provider Marley Spoon (ASX:MMM) has renewed its service agreement with CEO and founder Fabian Siegel.
04 Dec 2020 - The Australian futures market is indicating a rise at the open, following fresh all-time highs for the S&P 500, the Dow Jones Industrial Average and the Nasdaq during trade. The highs came on the back of hopes that the Democrats and Republicans are moving closer to agreeing a pandemic stimulus package. US stocks retreated from the record highs at the end of the session after a Dow Jones report raised concern that the Covid vaccine [...]
04 Dec 2020 - Beacon Lighting Group (ASX:BLX) has established a property fund and acquired its first property. The Beacon Commercial Property Fund has been established to own several subfunds which will be used to acquire properties for the purposes of leasing them to Beacon Lighting and other tenants.
04 Dec 2020 - Global property giant Unibail-Rodamco-Westfield (ASX:URW) will repurchase 544.9 million Euros worth of bonds, following the tender offer it announced on 25 November 2020.
03 Dec 2020 - The Australian share market rose at the open, saw a dip at lunchtime trade and closed 0.8% higher. The iron ore price pushed shares in Fortescue Metal (ASX:FMG) higher, while shares in Mesoblast (ASX:MSB) dipped.
03 Dec 2020 - The ASX rose at the open and is now tracking 0.3% higher at noon. Shares in Fortescue Metals Group (ASX:FMG) are on the rise today after a boost in the price of iron ore. Shares in Elders (ASX:ELD) are on the slide. Installment payment platform Sezzle (ASX:SZL) report record trading for November with Black Friday and Cyber Monday.
03 Dec 2020 - The Shaver Shop Group (ASX:SSG) has entered a definitive agreement to acquire the six remaining franchise stores in NSW for $13 million plus stock on hand.