Daily FNArena News

The Chartist points out that V-shaped stock market recoveries are very rare.

Ansell is experiencing unprecedented demand for protective gloves from the health sector and, unusual in the current environment, has maintained FY20 guidance.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Has the sharp and severe drop in the Macquarie Group share price provided a buying opportunity?

Michael Gable of Fairmont Equities provides some soothing words on the correction front, and notes an opportunity in Select Harvests.

Peter Switzer of the Switzer Report discusses the benefits and difficulties of picking the bottom.

Northern Star Resources has suspended guidance as its mines down-shift operations. Longer-term, brokers assess the performance will depend on progress at Pogo and expansion of the Kalgoorlie Super Pit.

Gold equities have suffered from the liquidity-driven global sell-off over recent weeks but several brokers suggest the outlook is much brighter, as flight-to-safety concerns take over.

Gold explorer MinRex Resources which holds ground just a few kilometres to the north-east of the $1.2bn capped Silver Lake Resources’ gold and copper Deflector Mine, is set to release new exploration results at its Deflector Extended Gold Project at Gullewa in Western Australia.

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.

A glance through the latest expert views and predictions about commodities. Iron ore; manganese; and oil & gas.