30 Aug 2019 - Four days of straight gains and benchmark ASX200 now about 4% away from the all-time high hit late July. Australian dwellings approvals fall 9.7%, vs flat result expected. Austal Ltd (ASX:ASB) shares jump on record revenue and profit. Resolute Mining (ASX:RSG) attributable profit lifts 9%. ACCC takes action against BlueScope Steel (ASX:BSL).
30 Aug 2019 - The ASX opened higher and continued to rise throughout the morning now tracking at 1.2% higher at noon. The market has been bolstered by the Information Technology sector. Lithium miner Galaxy Resources (ASX:GXY) shares have slipped after reporting a huge half-year loss. Recce Pharmaceuticals (ASX:RCE) receive a successful grant application for a Research Hub in Sydney.
30 Aug 2019 - Optimism resumed on the markets as President Donald Trump announced that the US and China are scheduled to have a conversation about trade today. The Dow surged more that 300 points. The ASX looks set to open higher this morning. Lithium miner Galaxy Resources (ASX:GXY) reported a huge half-year loss due to its flagship Mt Cattlin project.
29 Aug 2019 - The ASX fell throughout the day managing to gain momentum before the close to close at 0.1% higher. Financial company Link Administration Holdings (ASX:LNK) shot up over 10% today after reporting their NPAT was up 123% for the year. System solutions providers Objective Corp (ASX:OCL) has been awarded a $38 million contract with City of Gold Coast to continue their digital transformation.
29 Aug 2019 - After a small rise at the open the ASX took a dip and continues to fall tracking 0.2% lower at noon. Shares in Woolworths (ASX:WOW) dragged on the market despite showing an increased net profit after tax by 7.2% to $1.75b. Appen (ASX:APX) shares also took a dip – they reported today showing revenue is up 60%. BidEnergy (ASX:BID) has signed a three-year agreement with Origin Energy (ASX:ORG) to deploy its world-leading Robotic Process Automation...
28 Aug 2019 - It has been a rollercoaster of a day for the ASX. After opening in the red the local bourse managed to gain momentum to close at 0.5% higher. Shares in Bega Cheese (ASX:BGA) are up 8% today. The mooring system at Oil Search (ASX:OSH)–operated liquids offshore loading facilities in the Gulf of Papua is believed to be damaged.
28 Aug 2019 - The ASX opened lower following soft leads from Wall Street and is now tracking 0.2% higher at noon. Shares in Bega Cheese (ASX:BGA) are on the up despite reporting today and showing their profit has seen a decline by half to $11.8 million. Afterpay Touch Group (ASX:APT) reported its full year results showing its statutory loss hit $42.9 million.
26 Aug 2019 - China enforces $75 billion of 5-10% tariffs, plus adds 25% on US cars. Trump tweets back, rising China $250 billion tariff to 30% & rising $300 billion tariff to 15%, seeing yield curve briefly invert, oil sinks and gold rally. Sequoia Financial (ASX:SEQ) 11.9 million buyback, Fortescue (ASX:FMG) profit up 195%, Monash IVF (ASX:MVF) profit sinks 2.3% & Regis Resources (ASX:RRL) to triple Duketon gold tenements.
26 Aug 2019 - Market at midday: China hits 5-10% tariff on $75b of US goods - Trump raises China tariff amounts to 30% and 15%. Gold soars to US$1,545, Feb 2012 levels, gold stocks rally. Monash IVF (ASX:MVF) returns to earnings growth in 2H19, however FY19 NPAT fell 2.3% to $21m. Zip Co (ASX:Z1P) inks landmark debt funding deal to increase business scale.
26 Aug 2019 - The ASX is set to see a downturn this morning after a rumble over the US China trade war. Trump was asked if he had second thoughts about escalating the trade war with China. He said yes. On the commodities front, safe haven gold has shot up almost $30 an ounce. Virtus Health (ASX:VRT) has appointed Dr Michael Stanford AM to its Board as a Non-Executive Director.