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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 2 July

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Morning Bell 1 July

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Morning Bell 30 June

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June 30, 2020

Morning Bell 29 June

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June 29, 2020

Monthly Wrap June 2020

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June 26, 2020

Morning 26 June

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June 26, 2020

Morning Bell 25 June

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June 25, 2020

Morning Bell 24 June

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June 24, 2020

Morning Bell 23 June

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June 23, 2020

Morning Bell 22 June

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June 22, 2020

Weekly Wrap 19 June

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June 19, 2020

Morning Bell 19 June

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June 19, 2020