Woolworths provides update on the impact of COVID-19 restrictions

The Woolworths Group Ltd (ASX: WOW) share price was a strong performer on Tuesday. The conglomerate’s Stock charged over 2% higher to finish the day at $39.99. Why did the Woolworths share price push higher? Investors appear to have been buying Woolworths Stock on Tuesday after the Victorian Government announced which businesses will be forced to close and which may stay open following the stage four lockdowns in...

3 high quality blue chip ASX 200 Stock to buy

One group of Stock that are particularly popular with investors are blue chip Stock. A blue chip is a large and well-established company that has been around for many years and is often a leader in its field. The good news is that the ASX is home to a large number of blue chips for investors to choose from. While not all of these Stock are necessarily buys,...

Here’s why gold miner Tesoro’s share price hit a record high today

The Tesoro Resources Ltd (ASX:TSO) share price is trading at record highs after surging more than 15% today. The positive move in Tesoro’s share price comes after the company reported exciting drilling results.   Highlights from Tesoro’s drilling results Earlier today, Tesoro announced the company’s drilling results from its El Zorro Gold Project in Chile. The assay results were collected from channel and rock chip sampling at the...

I don’t normally buy ETFs, but I would invest in these 2

I don’t normally buy exchange-traded funds (ETFs), but I would invest in the two I’m going to tell you about in this article. ETFs are a great way to invest if you’re not sure about individual businesses during this difficult COVID-19 period. Over the long-term Stock have a habit of rising in value as their earnings grow. So if you’re invested in many good businesses then as a...

Why the Redbubble share price is trading higher today

The Redbubble Ltd (ASX: RBL) share price has jumped 3.85% today. With no specific company news, it looks to be trading higher because of its eCommerce platform, which provides independent artists a meaningful new way to sell their creations.   Bumper growth in June In the June update, Redbubble reported significant growth in revenue and earnings because of the acceleration in online activity in Q4 2020. Pleasingly, the group’s...

4 things you need to know about the RBA’s rate decision today

The Reserve Bank of Australia (RBA) interest rate decision was exactly inline with what the market was expecting, but this doesn’t mean it didn’t offer any surprises. Our central bankers kept interest rates steady at a record low of 0.25% this afternoon for the fifth straight month. This is exactly what economists were predicting as the RBA indicated before that the rates are effectively at rock bottom. ASX...

Openpay share price up 16% on partnership with MSL Solutions

At the time of writing, the Openpay Group Ltd (ASX: OPY) share price is up 16% to $3.77 after the company released an announcement advising it has formed a partnership with MSL Solutions Ltd (ASX: MSL). What was in the announcement? According to the announcement, Openpay signed a partnership with MSL Solutions that will allow customers to use Openpay when buying MSL’s golf and membership products. Member subscribers...

Afterpay and Qantas were among the most traded Stock on the ASX last week

Investment platform provider CommSec has just released data on the five most traded ASX Stock on its platform from last week. Once again, the buy now pay later sector was popular with investors. It provided two of the most traded ASX Stock on the CommSec platform over the period. They were joined by one of the big four banks, a biotech behemoth, and Australia’s leading airline. Here’s the data: Zip...

Why this ASX gold share is soaring

The price of ASX gold share, EMetals Ltd (ASX: EMT), is up 15% in intraday trading and up 43.8% since last Friday 31 July. The strong share price growth is being driven by the mineral resource exploration company’s positive drill results at its Twin Hills Gold Project in the Goldfields of Western Australia (WA). According to the company’s report to the ASX today, EMetals has completed a 250-hole...
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