ASX to open flat amid caution over virus

Shares are poised for a flat start to trade on the Australian market after rising coronavirus cases in some US states and Beijing hindered movement on US markets. The Australian SPI 200 futures contract was lower by 5.0 points, or 0.08 per cent, to 5,922.0 at 0705...

ASX to rise amid second wave concerns

The Australian share market is tipped to open positively but could be in for a mixed week as fears of a second wave of COVID-19 remain. AMP Capital chief economist Shane Oliver suspects the S&P/ASX200 benchmark index to open up about 20 points on Monday after the...

Estia, Mayne Pharma to drop out of ASX 200

Aged care operator Estia Health and drugmaker Mayne Pharma will be among the major companies dropping out of the benchmark S&P/ASX 200 index from June 22. Other companies dropping out of the coveted list as part of the quarterly rebalancing include investment...

ASX to slip early after Fed’s forecast

Shares are tipped to slip early on the Australian stock market after the US Federal Reserve projected a more sluggish recovery than investors expected. The local SPI 200 futures contract was down by 63 points, or 1.03 per cent, to 6,066.0 at 0700 AEST on Thursday,...

ASX looks set to soar after Wall St rally

The Australian share market is tipped to move into the 6,000-level following back of better-than-expected US jobs figures, higher commodity prices and a continued tail-off in Australian coronavirus cases. On Friday the S&P 500 was up 2.6 per cent, the Dow Jones...