Author - Craig Foley

RBA holds official cash rate at 0.75%: ASX closes 2.2% lower

03 Dec 2019 - It has been a disappointing day of trade for the ASX closing 2.2% lower. NRW Holdings (ASX:NWH) and Silver Lake Resources (ASX:SLR) all experienced small rises today. Avita Medical (ASX:AVH) and Wisetech Global (ASX:WTC) dropped over 6% today. Meanwhile, LiveTiles (ASX:LVT) has completed the acquisition of CYCL, a leading intelligent intranet software business in Europe.

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Two consecutive current account surpluses: ASX 1.7% lower at noon

03 Dec 2019 - The ASX dropped at the open following soft leads from Wall Street and is now tracking 1.7 per cent lower at noon. Speedcast International (ASX:SDA) and shares in Western Areas (ASX:WSA) are on the up. Virgin Money UK (ASX:VUK) shares are falling after shooting up last week when they released strong results for FY19. The Uniti Group (ASX:UWL) is looking to raise $85 million for the acquisition of 1300 Holdings and its related entities for...

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