Author - Sequoia Direct

TPG founder and chairman resigns: Aus shares 0.5% higher at noon

26 Mar 2021 - The Australian share market rose at the open following positive leads from Wall Street and is tracking 0.5 per cent higher coming into the middle of the session. Sky New Zealand (ASX:SKT) has commenced a process to sell 2 of the 3 buildings at its Mount Wellington site. Shares in TPG Telecom (ASX:TPG) slid this morning after the surprising announcement that its founder David Teoh has resigned as a director and chairman of the board.

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Aurizon (ASX:AZJ) completes sale of Acacia Ridge Terminal: Aus shares gain 1.7% over week

26 Mar 2021 - A strong end to the week for the Australian share market. The ASX 200 index ended the day 0.5 per cent or 34 points higher to finish at 6,824. Over the week, the market has gained 116 points or 1.7 per cent. All of the sectors rose over the week, except Tech stocks. Healthcare was the star performer, up over 5 per cent. Meanwhile, the Aussie dollar has sunk to a 3-month low. Rail freight...

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Aurizon (ASX:AZJ) completes sale of Acacia Ridge Terminal: Aus shares gain 1.7% over week

26 Mar 2021 - A strong end to the week for the Australian share market. The ASX 200 index ended the day 0.5 per cent or 34 points higher to finish at 6,824. Over the week, the market has gained 116 points or 1.7 per cent. All of the sectors rose over the week, except Tech stocks. Healthcare was the star performer, up over 5 per cent. Meanwhile, the Aussie dollar has sunk to a 3-month low. Rail freight...

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TPG founder and chairman resigns: Aus shares 0.5% higher at noon

26 Mar 2021 - The Australian share market rose at the open following positive leads from Wall Street and is tracking 0.5 per cent higher coming into the middle of the session. Sky New Zealand (ASX:SKT) has commenced a process to sell 2 of the 3 buildings at its Mount Wellington site. Shares in TPG Telecom (ASX:TPG) slid this morning after the surprising announcement that its founder David Teoh has resigned as a director and chairman of the board.

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Global supply chain fears grow as Suez Canal blocked for third day: Aus shares set to open higher

26 Mar 2021 - Wall Street ended higher overnight after the US Department of Labor reported the lowest weekly level of new jobless claims since the onset of the pandemic a year ago. This optimism is set to flow through to the Australian market, with Australian futures indicating an upbeat start to the day. Meanwhile the 400-metre-long container ship blocking the Suez Canal showed no signs of budging for a third day deepening global supply chain concerns. AMP refutes...

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