Thursday Market Unpacked – 09/01/20
Thursday Market Unpacked – 09/01/20The ASX hit record highs today after a strong rally following a stellar performance by the US market last night.
This coincides with the easing of tensions between the US and Iran, as the military conflict has been set aside in place of possible sanctions.
Here’s some market news you may have missed!
Suncorp updated the market to the claims submitted due to the bushfires. Over 2,600 in claims have been received, amounting to $315-$345million in claims.Suncorp stated that for 1H20, total natural hazard claims have totaled $519 million, $109million above the companies allowance.
The company outlined its continued focus on supporting their customers in this current time of need.
SUN:ASX ↑1.31%
Catapult holdings, the sports performance tracking technology company, announced their signing of a league-wide deal with Dimayor, Colombia’s premier football competition. The deal will see the league use the monitoring software for the next 3 years in conjunction with 720 Vector X7 and G7 (a goalkeeper-specific device utilising advanced analytics)
CAT:ASX ↑9.47%
Source: Catapult
And that’s the market unpacked! 
SUN:ASX
$13.19
+
0
%
CAT:ASX
$1.85
+
0
%
