Desktop Broker TV

Market wraps 21st April 2020

Market Update - Jessica Amir

The Australian share market is on for a cautious day of trade given the topsy-turvy evening and morning we had.

The Australian share market opened 0.6% lower then clawed back some of those losses and is tracking 0.2% lower with Healthcare, Utilities, Banks and Energy rising. 

Overnight, the crude oil price collapsed, Virgin (ASX:VAH) entered voluntary administration and international markets somewhat held up with the Stoxx600 and the S&P500 gaining 0.7% and losing 1.8% respectively.

Investors will be watching: Metcash (ASX:MTS), APA Group (ASX:APA) and Praemium (ASX:PPS).