1 simple rule for assessing a COVID-19 capital raising, like Webjet (WEB) & Cochlear (COH)
So far companies like QBE Insurance Group Ltd (ASX: QBE), Webjet Limited (ASX: WEB), Flight Centre Travel Ltd (ASX: FLT) and Cochlear (ASX: COH).
So far companies like QBE Insurance Group Ltd (ASX: QBE), Webjet Limited (ASX: WEB), Flight Centre Travel Ltd (ASX: FLT) and Cochlear (ASX: COH).
The Qantas Airways Ltd (ASX: QAN) share price was trading 8% higher today following news of a support package. Virgin Australia Ltd (ASX:VAH) shares are in a trading halt.
The Rio Tinto (ASX:RIO) share price is up 3% this morning after giving the market an update.
The share prices of CBA (ASX:CBA), NAB (ASX:NAB), ANZ (ASX:ANZ) and Westpac (ASX:WBC) are all up over 1% today.
The Afterpay Ltd (ASX:APT) share price was trading 9% higher today as more enthusiasm returns to the local market.