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BRIEF-ASX Says H1 Of 2021 Financial Year Looks More Promising

Published 30/09/2020, 09:46 am
© Reuters.
ASX
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Sept 30 (Reuters) - ASX Ltd ASX.AX :

* INCREASED INVESTMENT IN CYBER SECURITY & REMAIN VIGILANT MANAGING CYBER SECURITY RISK CONTROLS, PROCEDURES & PREVENTION STRATEGIES

* AFTER A CHALLENGING H2 FY20, H1 OF 2021 FINANCIAL YEAR LOOKS MORE PROMISING

* ON TRACK TO LAUNCH A NEW FIVE-YEAR BOND FUTURES CONTRACT TOWARDS END OF YEAR

* "OUTLOOK FOR IPOS REMAINS MIXED AS WELL AS SECTOR DEPENDENT"

* PRESSURE ON INTEREST RATES, MARGINS WEIGHING ON ASX'S ABILITY TO GENERATE INTEREST INCOME FROM ITS OWN CAPITAL & FROM COLLATERAL BALANCES

* POST COVID-19 INCREASE IN GOVERNMENT BOND ISSUANCE AROUND FIVE-YEAR PART OF CURVE EXPECTED TO HELP DEMAND FOR FIVE-YEAR PRODUCTS

* RBA'S ONGOING YIELD CURVE CONTROL MEASURES CONTINUE TO DAMPEN TRADING IN SHORT-TERM DERIVATIVE SECURITIES

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