As a change of pace, I’ve taken a look at the outlook for Telstra both during and post COVID-19. The share price fell from a high of around $4.0 in February to around $3.04 in mid-March and still sits around $3.15 today. That’s a 20% fall despite the company being significantly sheltered from the events…
Global sharemarkets will begin the week on a negative footing as it appears the second wave is upon us. Several of the US largest southern states contributed to an all-time high in cases, whilst similar outbreaks in Germany and to a less extent in Melbourne, are making investors nervous once again.
Global sharemarkets will begin the week on a negative footing as it appears the second wave is upon us. Several of the US largest southern states contributed to an all-time high in cases, whilst similar outbreaks in Germany and to a less extent in Melbourne, are making investors nervous once again.
It was another bumpy day for investors on Thursday, with the ASX 200 (ASX:XJO) following global markets lower and falling by -2.5% as global infection rates and the threat of the re-imposition of restrictions increased.
It was another bumpy day for investors on Thursday, with the ASX 200 (ASX:XJO) following global markets lower and falling by -2.5% as global infection rates and the threat of the re-imposition of restrictions increased.
The ASX 200 (ASX:XJO) finished marginally higher again on Wednesday, adding 0.2%, driven primarily by technology names including Afterpay Ltd (ASX:APT) and Xero Ltd (ASX:XRO) after both reached all-time highs. These gains will be reversed today as US markets tumbled heavily, down between 2% and 3%, as the resurgence in COVID-19 cases continued to grow; this must be investors worst nightmare.
The ASX 200 (ASX:XJO) finished marginally higher again on Wednesday, adding 0.2%, driven primarily by technology names including Afterpay Ltd (ASX:APT) and Xero Ltd (ASX:XRO) after both reached all-time highs. These gains will be reversed today as US markets tumbled heavily, down between 2% and 3%, as the resurgence in COVID-19 cases continued to grow; this must be investors worst nightmare.
As the financial year comes to a close, it’s worth reflecting on what we have just experienced; not just in investment terms, but our health and community. COVID-19 will have long-lasting impacts on our lives and has resulted in one of the most unique investment environments in history. Markets experienced one of the fastest collapses…
In in a sign of how fragile this market recovery may be, global markets swung between gains and losses of 1% after White House Trade Adviser Peter Navarro initially suggested the trade deal with China was ‘over’. This was only to be retracted by President Trump minutes later via Twitter.
In in a sign of how fragile this market recovery may be, global markets swung between gains and losses of 1% after White House Trade Adviser Peter Navarro initially suggested the trade deal with China was ‘over’. This was only to be retracted by President Trump minutes later via Twitter.
