Month: March 2020
Ansell (ANN) +25.08%: one of the more immune companies to the current crisis is protective products manufacturer Ansell, and shares popped today on the company reaffirming their full year guidance. Ansell noted an increase in demand for their examination and surgical gloves, and at this stage hasn’t seen any impacts on production by lockdowns or implementing steps […]
AMP Ltd (AMP) +8.33%: had a choppy day today, but came in with a wet sail to close strongly higher. The financial services company walked away from guidance due to the “uncertain environment and resultant challenges in providing accurate forecasts” as a result of the COVID-19. Now one of many to pull guidance for the current year, […]
**This is an extract from the Market Matters Morning Report from 23 March. Subscribers have the opportunity to ask questions of the Market Matters team throughout the week. Click here to get access to the full report and more Question 1 “Hi, what is the explanation in the steepening of the 2/10y US and Au […]
Bingo (BIN) -4.96%: fell on their sword today as they walked away from FY20 guidance that was reiterated just 4 weeks ago – a sign of the fluidity of the evolving situation however its becoming the norm across the ASX. Despite pulling guidance, the company did say that the 3rd quarter was on track to hit […]
Really bullish, there's more to go in the reflation rally
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