Author - Craig Foley

OPEC consider oil production cuts: ASX poised to open higher

06 Dec 2019 - Following soft leads from US markets, the ASX looks set to open higher this morning. Stocks rose in Asia and Europe as China and the US tried to reach an agreement on their 20-month-long trade war. OPEC to meet again today in Vienna to discuss oil supply policy. Northern Star Resources (ASX:NST) has completed the takeover of Echo Resources (ASX:EAR).

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Megaport (ASX:MP1) to raise $62 million: Aus shares nearly 1% higher at noon

05 Dec 2019 - The Australian share market opened lower defying positive leads from US markets, but has edged higher over the first 2 hours of trade. It is now tracking nearly 1 per cent higher at noon, with all sectors in the green. Megaport (ASX:MP1) is conducting a $62 million raising. Citi has upgraded oOh! Media (ASX:OML). Retail Trade figures for October are largely unchanged. Australia’s International Trade in Goods and Services for October capped a $6,341 million...

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