09 Apr 2020 - The ASX saw a rally in late afternoon trade closing on a 4 week high at 3.5% higher. Perenti Global (ASX:PRN) shares advanced over 27% and shares in Commonwealth Bank (ASX:CBA) rose. Real Estate Investment Trust closed the week leading the sectors and consumer staples came in the lowest. Orocobre (ASX:ORE) says the Argentine Ministry of Production has declared lithium mines Olaroz and Borax ‘essential activities’ and has restarted production.
09 Apr 2020 - The ASX shot up at the open and is now tracking almost 2% higher at noon. Shares in oOh!media (ASX:OML) are on the up after HT&E has acquired at least 11 million shares in the company representing at least 1.8% of the Company’s issued capital. Viva Energy (ASX:VEA) says their Retail segment has continued to perform well with the Alliance network achieving average sales volumes of 62.4 million litres per week in 1Q2020.
09 Apr 2020 - oOh!media (ASX:OML) has become aware that HT&E has acquired at least 11 million oOh!media shares as at the latest share register obtained by the Company for 6 April 2020, representing at least 1.8 per cent of the Company’s issued capital.
09 Apr 2020 - Centuria Property Funds No.2 as Responsible Entity for Centuria Industrial REIT (ASX:CIP) has launched a fully underwritten institutional placement to raise $130 million and a non-underwritten Unit Purchase Plan to raise approximately $10.0 million.
09 Apr 2020 - Water treatment business Phoslock Environmental Technologies (ASX:PET) has raised $12 million pursuant to a share placement of 24 million fully paid ordinary shares at an issue price of 50 cents per share to Institutional Investors in Australia and internationally.
09 Apr 2020 - Mesoblast (ASX:MSB) today announced that its stem cell product candidate remestemcel-L will be formally evaluated in a randomized, placebo-controlled trial in patients with acute respiratory distress syndrome (ARDS) caused by coronavirus infection (COVID-19).
09 Apr 2020 - The ASX looks set to open higher this morning. US stocks are having a rollercoaster of a week. The 76 day lockdown in the Chinese city of Wuhan where coronavirus first emerged has now ended and people can travel to other parts of China. Meanwhile, oil jumped up ahead of an OPEC meeting that is viewed to lead to production cuts. Auckland International Airport (ASX:AIA) announced today the opening of its NZ$200 million non-underwritten share [...]
08 Apr 2020 - The ASX dropped at the open and struggled to gain momentum closing 0.9% lower. Shares in Oil Search (ASX:OSH) have declined after they reported raising $1.1 billion to ride out global price turmoil. Next Science’s (ASX:NXS) Hospital Cleaner Surface Disinfectant has been accepted for registration for inclusion on the product labelling of a Claim for effectiveness against biofilm.
08 Apr 2020 - The ASX dropped at the open and is struggling to gain momentum but managed to scrape back to be now tracking 0.3% lower at noon. The economic crisis from COVID-19 has prompted Fitch Ratings to downgrade the credit rating for the big four. Treasury Wine Estates (ASX:TWE) announced today its intention to consider a demerger of the Penfolds business and associated assets into a separate company.
08 Apr 2020 - Implantable hearing solutions company Cochlear (ASX:COH) has obtained US Food and Drug Administration (FDA) approval for its Remote Check solution.