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Morning Bell 24 March

Bell Direct
March 24, 2020

The futures are suggesting a small bounce of 0.87% or 39 points for the Aussie share market, even as the COVID-19 pandemic continues to spread.

We saw tens of thousands of out-of-work Australians try to claim unemployment benefits, causing lines hundreds of metres long at physical Centrelink locations and for the MyGov website to crash.

ASX-listed medical equipment maker, ResMed (ASX:RMD) have said they are looking to “double or triple” its output of ventilators, and scale up ventilation mask production more than tenfold, as the world scrambles to fight coronavirus. Nick Scali (ASX:NCK) and baby furniture and equipment chain Baby Bunting (ASX:BBN) have reported positive sales momentum to date and a pickup in activity by Chinese suppliers.

On the flipside, jewellery retailer Michael Hill (ASX:MHJ) has decided to postpone its 1.5 cents per share interim dividend for six months. The Aussie dollar buys 57 US cents.

Morning Bell 28 April

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Morning Bell 27 April

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Weekly Wrap 24 April

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Morning Bell 24 April

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Morning Bell 23 April

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April 23, 2020

Market Update 22 April

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April 22, 2020

Market Update 21 April

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April 21, 2020

Market Update 20 April

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Market Update 17 April

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April 17, 2020

Weekly Wrap 17 April

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Market Update 16 April

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Morning Bell 15 April

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