Sportsbet blames WFH for ASX betting blue

Vinson

Sportsbet has blamed its ill-fated foray into stock market betting on the need to have staff to work remotely during the coronavirus pandemic. The Melbourne-based betting agency grabbed the attention of ASIC when it began offering bets over the S&P/ASX 200 Index, with concerns that the bets constituted a financial […]

COVID-19 testmaker Atomo pops on ASX debut

Vinson

Rapid blood test company Atomo Diagnostics, which has recently pivoted to supplying kits for COVID-19 antibody tests, has more its debut on the ASX at more than double its initial public offering price. It is the first float on the ASX in six weeks, since junior gold explorer Kaiser Reef […]

ASX tipped to edge higher on Wall St rise

Vinson

The Australian share market is tipped to edge higher after a strong overnight session on Wall Street, where investors were buoyed by signs coronavirus lockdown measures could begin to ease. The SPI200 futures contract was up 10 points, or 0.18 per cent, to 5,500.0 points at 0700 AEST on Wednesday, […]

ASX rallies again after US stimulus deal

Vinson

Australian shares have rallied for a third straight day after a massive US stimulus deal sent global markets soaring. The S&P/ASX200 benchmark index finished Thursday up 115.2 points, or 2.3 per cent at 5,113.3, while the All Ordinaries index closed up 129 points, or 2.58 per cent, at 5,135.2 points […]