Latest Market News

Shares in Webjet (ASX:WEB) fly after media speculation response: ASX closed 0.7% higher

12 Dec 2019 - It has been a positive day of trade for the ASX the local bourse managed to close 0.7% higher after a strong afternoon rally. Webjet (ASX:WEB) rose almost 10% after dismissing media speculation that it was a takeover target. IMF Betham (ASX:IMF) reports that the Federal Court of Australia has approved the deed of settlement in the Forge securities class action.

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Westpac-MI consumer sentiment drops 1.9%: ASX is tracking 0.2% higher at noon

12 Dec 2019 - The ASX has risen at the open despite weak leads from Wall Street. It is now tracking 0.2% higher at noon. Shares in Webjet (ASX:WEB) went up today after they responded to media speculation surrounding expressions of interest in the company. They say there is currently no such proposal. Shares on the decline include EML Payment (ASX:EML) and Pro Medicus (ASX:PME). Virtus Health (ASX:VRT) has exercised its second and final option to acquire a further...

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US/China poised to delay tariffs: ASX set to open flat

11 Dec 2019 - Following a lacklustre day yesterday from the US markets, the ASX looks set to open flat this morning. It’s been reported that US and China are planning on delaying the next round of tariffs set for Sunday. The Flight Centre Travel Group (ASX:FLT) has expanded its global leadership team to increase the focus on leisure and corporate travel growth.

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Cochlear (ASX:COH) appoint former CEO Fisher & Paykel to the board: ASX closed 0.3% lower

10 Dec 2019 - It has been a rollercoaster day of trade for the ASX. The local bourse managed to close 0.3% lower. Companies to lose the most ground were Avita Medical (ASX:AVH), Metcash (ASX:MTS) and Perenti Global (ASX:PRN). Cochlear (ASX:COH) today announced the appointment of Michael Daniell to the board - former Managing Director and CEO of Fisher & Paykel Healthcare Corporation.

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Aerometrex flies high following IPO: ASX tracking flat at midday

10 Dec 2019 - The ASX has been on a bit of a rollercoaster ride this morning and is now riding flat at just 0.01% lower at noon. Shares in The A2 Milk company (ASX:A2M) rose today after yesterday’s news that CEO Jayne Hrdlicka is set to leave. Shares on the decline are the Lendlease Group (ASX:LLC), and Avita Medical (ASX:AVH). Midway (ASX:MWY) has successfully negotiated its first export price contract.

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Wall Street sees declines: ASX poised to open lower

10 Dec 2019 - Following weak leads from US markets, the ASX looks set to open lower this morning as US stocks saw declines. The losses ended three days of rises on Wall Street, boosted by US jobs report beating analysts expectations. Tower Insurance (ASX:TWR) has started its search for a new CEO after it confirmed that Richard Harding will not extend his contract past next year.

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Robust US jobs data boosts Wall St: ASX poised to open higher

09 Dec 2019 - Following positive leads from US markets, the ASX looks set to start the week by opening higher. Robust US jobs data saw November gains surpass expectations despite global trade and economic uncertainty, boosting Wall Street last week. Lifestyle Communities (ASX:LIC) has appointed PricewaterhouseCoopers as the Company’s Auditor.

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Construction sector jobs dwindled: ASX closed 0.4% higher

06 Dec 2019 - It has been a positive day of trade for the ASX closing 0.4% higher. Bega (ASX:BGA) also dropped today. Shares in Caresales.com (ASX:CAR) shot up today as did Beach Energy. The Scentre Group (ASX:SCG) today announced it has acquired a 50% interest in Garden City Booragoon, Perth for $570 million.

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