BPO TV

23rd March 2020

Morning Bell - Jessica Amir

The Aussie share market futures are suggesting a fall at the open of around 1.81%, despite the Prime Minister and Treasurer yesterday unveiling $66bn worth of measures to help cushion the blow from COVID-19.

Last night, Prime Minister Scott Morrison announced the drastic steps that will be taken in a bid to stop the spread of COVID-19. Pubs, clubs, cinemas, churches, places of worship and indoor sporting venues including gyms, will be shut down from midday today. While, restaurants and cafes would only be open for takeaway. As for schools, he said children ‘should go to school today' and that there was ‘no change’ to the health advice from authorities. He said parents who were concerned, have the right to keep their children at home.

US, stocks tried to rally on Friday, but weren’t successful, as we saw Wall Street end its most volatile week since 2008. 

All eyes on Beach Energy (ASX:BPT), Woodside Petroleum (ASX:WPL), Newcrest Mining (ASX:NCM), St Barbara (ASX:SBM) and AP Eagers (ASX:APE).