MARKET OPEN: Flight to safety may drive local market sentiment

MARKET OPEN: Flight to safety may drive local market sentiment
Rebecca Howard
The local share market may continue to benefit from a flight to safety as investors fret about rising covid-19 cases in the US and Australia. Across the ditch, people living in metropolitan Melbourne and Mitchell Shire will be required to wear masks from midnight Wednesday after Victoria recorded 363 new cases on Sunday. Failure to use a mask will result in a A$200 fine. In the US, meanwhile, Florida reported more than 12,000 new cases on Sunday and other states, including California and Texas, continue to report new record levels. On...

More Markets

Warehouse CEO ‘very soon’ as firm orbits sun without one
Retail

Warehouse CEO ‘very soon’ as firm orbits sun without one

Group chair Joan Withers is making sure she gets this one right.

Why IkeGPS is amped to win in the US
Markets

Why IkeGPS is amped to win in the US

Multibillion-dollar infrastructure spend is significant tailwind for Colorado-based firm.

NZ sharemarket up as Sanford rides the wave
Markets Market Close

NZ sharemarket up as Sanford rides the wave

Sanford’s result was its best in a decade.

Tom Raynel 15 May 2025
Why Xero is loyal to the ASX
Markets

Why Xero is loyal to the ASX

Cloud accounting firm 'happy to show up differently', CEO says.