Latest Market News

A2 Milk (ASX:A2M) shares take a tumble: ASX tracking 0.1% higher at noon

29 Sep 2020 - The ASX rose at the open then slumped in mid-morning trade and is now tracking 0.1% higher at noon. Shares in Seven Group Holdings (ASX:SVW) are doing well today as did Janus Henderson Group (ASX:JHG). Shares in the A2 Milk (ASX:A2M) company fell this morning. Jervois Mining (ASX:JRV) has agreed to acquire the São Miguel Paulista nickel and cobalt refinery.

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Global stocks rise overnight: ASX poised to open higher

29 Sep 2020 - The ASX looks set to open higher this morning as global equities rose overnight. Banks did well as they pushed the lead. In the US, Boeing nudged the Dow higher. Frankfurt closed over 3% higher. Tilt Renewables (ASX:TLT) now has all 80 turbines erected at Dundonnell Wind Farm in Western Victoria.

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Tech and travel stocks shine: ASX closes 0.2% lower

28 Sep 2020 - The local share market has ended the session lower after a lacklustre day of trade. The S&P ASX 200 shed 0.2 down per cent or lost 13 points to 5952. The big banks were the main drag on the market today with Westpac shedding 1.1 per cent and NAB down to 0.8 per cent.

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Travel stocks take flight: ASX 0.2% higher at noon

28 Sep 2020 - The S&P/ASX 200 has fallen flat in the first two hours of trade despite strong leads from US markets. Falls in the industrials, financials, and consumer staples sectors have offset gains in tech, health care and consumer discretionary sectors.

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Banks rise on plans to soften responsible lending laws: Aus shares 1.4% higher at noon

25 Sep 2020 - The Australian share market has advanced in early trade. All of the sectors are up, with Financials leading the charge following news that the Federal Government is looking to do a backflip and wind back responsible lending laws. BGH Capital’s subsidiary which is set to purchase Village Roadshow (ASX:VRL) may not have to pay the cinema uplift of $0.08 per share.

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Gold Road (ASX:GOR) suffers production interruption: Aus shares set to edge higher

25 Sep 2020 - Australian shares are set for a modest rise at the open following wild swings on Wall Street overnight as investors weigh the odds of further potential government stimulus. US Federal Reserve Bank Chairman, Jerome Powell testified in a hearing before the Senate Banking Committee this week. He noted that as households chew through the remainder of their government stimulus and employment benefits there is a risk they will “have to cut back on spending and...

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All the sectors in the red: ASX closes 0.8% lower

24 Sep 2020 - It has been a negative day of trade for the ASX. After a drop at the open, the local bourse closed 0.8% lower. Shares in Avita Therapeutics (ASX:AVH) fell over 7%, Ramelius Resources (ASX:RMS) followed close behind. As for the sectors today, they all closed in the red with industrials leading the pack. The Westpac Group (ASX:WBC) has reached an agreement with AUSTRAC and resolved to pay a $1.3 billion fine for breaching anti-laundering laws.

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Household wealth recovers in June quarter: ASX tracking 1.1% lower at noon

24 Sep 2020 - The ASX fell at the open and is now tracking 1.1% lower at noon. Westpac (ASX:WBC) shares were down this morning after agreeing to pay a $1.3 billion fine for its failure to adhere to money laundering laws. Shares in Challenger (ASX:CGF) rose today and shares in Avita Therapeutics (ASX:AVH) dropped. Altura Mining (ASX:AJM) is pleased to advise of continued production and shipping from the Altura Lithium Project.

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