Author - Craig Foley

UK election boosts the Australian market: ASX closed 0.5% higher

13 Dec 2019 - It has been a positive day of trade for the Australian share market the local bourse managed to close 0.5% higher. Stocks with significant UK businesses enjoyed gains such as Virgin Money UK (ASX:VUK) after exit polls in the UK election point to a Boris Johnson majority. Adairs (ASX:ADH) has today completed its acquisition of Mocka.

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UK polls to determine Brexit approach: Aus shares to open higher

13 Dec 2019 - The Australian share market is poised to open higher following positive leads from the US. Wall Street surged to fresh record highs overnight on news that US negotiators have reached the terms of a phase-one trade deal with China. The deal is now subject to President Donald Trump’s approval. Fuel distributor Z Energy (ASX:ZEL) has downgraded its EBITDAF earnings guidance for the 2020 financial year.

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