The outlook for Australia’s Big Four banks has worsened this morning, with the Reserve Bank of New Zealand (RBNZ) announcing a freeze on all dividends. All of Australia’s banks have opened lower today with Australia and New Zealand Banking Group Ltd [ASX:ANZ] and National Australia Bank Ltd [ASX:NAB] the hardest hit
New Zealand-based The a2 Milk Company Ltd [ASX:A2M] shares are among a select few that have risen during the coronavirus pandemic. Since the beginning of the year shares in the milk producer are up nearly by 20%, while the ASX 200 has reversed 21% over the same period
he SelfWealth Ltd [ASX:SWF] share price has had a turbulent past few months — like many other companies. SWF has made a name for itself by going after the banks’ brokerage profits. With the latest round of stimulus introduced by the Australian government, it seems investors want back in with the banks
Tobias Adrian says: ‘Cash, the physical object, is now potentially contagious but cash, the financial asset, is still a safe option.’ Indeed, China started confiscating and sterilising the physical object in question.
At time of writing the share price of ReadCloud Ltd [ASX:RCL] is up 10.94%, trading at 35.5 cents. Meanwhile the ASX 200 [XJO] has also gained, up 2.07% to 4,640.2 points. The ReadCloud share price has avoided a major sell-off and is up 42% in a 12-month period...
The Westpac Banking Corporation [ASX:WBC] share price is trading 9.58% lower this afternoon, following more news of measures to curb COVID-19 and special measures to be introduced by the banks...
The spread of the coronavirus has meant that sporting leagues across the globe have been suspended or forced to play behind closed doors. For PointsBet that’s meant fewer opportunities to offer wagers to punters and ultimately, little opportunity to make a profit.
Today we look at Tyro’s trading update, their cash balance, and the impact of COVID-19 on their business. We then examine the outlook for the Tyro share price in light of its 75% drop in the space of just over a month.
Mobile medical app developer Painchek Ltd [ASX:PCK] has seen its share price jump 13.24% today, up 0.9 cents to trade at 7.7 cents per share.
Market volatility is continuing to rise amidst the ongoing global pandemic. Worst yet, it is difficult to pinpoint when this is likely to end. Markets are up one day and crashing down the next. It is a telling sign when investors begin to look for safety among some of Australia’s most speculative small-caps...