Monthly Archives: August 2019

Bingo Industries shares down as profit slumps: ASX closes 0.3% higher

22 Aug 2019 - The ASX closed 0.3% higher. A number of stocks lifted the market, the Vocus Group (ASX:VOC) is trading over 10% and Flight Centre has risen 10% after reporting earlier showing their NPAT landed within guidance. Meanwhile, Webjet (ASX:WEB) is over 11% lower and Bingo Industries (ASX:BIN) has lost over 7%. BINGO Industries (ASX:BIN) today announced its full year results showing statutory NPAT down 41.4% to $38 million.

Zip Co see customer boost: ASX 0.27% higher at noon

22 Aug 2019 - The ASX shot up at the open, managed to maintain momentum and is now currently 0.27% higher at noon. The Flight Centre Travel Group (ASX:FLT) have seen a rise in their shares today after reporting their NPAT up 0.1 per cent within guidance. On the commodities from the iron ore price has fallen almost 6%. And Zip Co (ASX:Z1P) show revenue up 138 per cent to $84.2 million.

Wall St and Europe gain overnight: ASX set to open higher

22 Aug 2019 - The ASX is set to rise at the open, after positive leads from US markets overnight. Bonds dropped after the minutes from the latest meeting of Federal policymakers showed that they discussed cutting interest rates more aggressively. Europe also gained over night. Yancoal Australia (ASX:YAL) reported profit before tax of $492m for the half-year ended 30 June 2019, a $47m decrease on the prior corresponding period.