covid 19

Optimism abound, ASX up 4.4% for the week, Macquarie (ASX:MQG) profit falls 32% The week finished where it began, the ASX 200 (ASX:XJO) adding 0.8% taking the gain to 4.4% with every sector finishing the week higher.  The key driver was real estate (+8.3%) and consumer discretionary (+6.8%) businesses the key drivers as a combination of loosening border restrictions…

Investment markets are in the eye of the storm. The initial storm danger came as COVID-19 hit, decimating jobs and smashing demand.

Weak open ahead, Fifth straight month for the ASX, IOOF loads up

It was a mixed day for the market, the ASX 200 (ASX:XJO) finished 0.2% higher despite trading up as much as 0.8% during the day.

Pandemic tailwind to flow into 2021 for Woolies Woolworths Ltd (ASX:WOW) delivered a weaker than expected result, despite a 6% increase in revenue to $63.6 billion for the financial year. Net profit fell to $1.166 billion with the biggest hit coming from the mothballed Hotels division. Sales revenue improved across the board with Australian and…

The ASX 200 (ASX:XJO) fell 0.7% for the day pushed lower by dividend payouts from Telstra Corporation Ltd (ASX:TLS) and AGL Energy Ltd (ASX:AGL) among others.