Monthly Archives - October 2019

Brexit Bill paused, markets respond: ASX set to open lower

23 Oct 2019 - Following negative leads from US markets, the ASX looks set to open lower this morning. Brexit caused a hiccup on the stock market, as Prime Minister Boris Johnson lost a key vote to fast-track legislation. Tech stocks took a tumble in the US after Facebook and Netflix shares fell. And Redbubble (ASX:RBL) launches program to gain further access to US investors.

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Shares in Orocobre (ASX:ORE) fall despite ‘solid quarter’: ASX closed 0.3% higher

22 Oct 2019 - The ASX closed 0.3% higher. Orocobre (ASX:ORE) shares fell today – quarterly sales revenue at Olaroz declined 21% on a quarter on quarter basis. As for the sectors, the Materials sector led the way and the Information Technology sector trailed behind. And Wagners Holding Company (ASX:WGN) have recommenced supplying cement to Boral (ASX:BLD).

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QEM (ASX:QEM) Julia Creek Project update

22 Oct 2019 - QEM Limited (ASX:QEM) Executive Director & CEO, David Fitch and GM & Chief Geologist, Scott Drelincourt discuss the company’s Julia Creek vanadium and oil shale tenements in NW QLD, drill results and strategy.

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Super Retail Group (ASX:SUL) shares take a dip despite reporting sales growth: ASX 0.2% higher at noon

22 Oct 2019 - The ASX opened higher following positive leads from Wall Street and is now tracking 0.2% higher at noon. Whitehaven (ASX:WHC) saw a rise in their shares this morning despite warning continued weakness in thermal coal prices. Shares in Super Retail Group (ASX:SUL) dropped this morning despite reporting that the Group delivered total sales growth of 4.2%.

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