17 Oct 2019 - Following weak leads from US markets, the ASX looks set to open lower this morning. Retail sales in the US saw the first decline in seven months – this could bolster potential for a third Federal Reserve interest-rate cut. Gold producer, Beacon Minerals (ASX:BCN) has acquired the Panther lease near the Jaurdi Project in Western Australia.
16 Oct 2019 - It has been a positive day of trade for the ASX, closing 1.3% higher. Silverlake (ASX:SLR) and Nearmap (ASX:NEA) shot up today. Shares in the Afterpay Touch Group (ASX:APT) slumped today. Westpac–MI Leading Index is showing economic growth rate is now well below trend after slipping further in September to its lowest level in four years. Sienna Cancer Diagnostics (ASX:SDX) CEO Matthew Hoskin will be stepping down.
16 Oct 2019 - The ASX rose at the open and managed to maintain momentum after positive leads from Wall Street and is now tracking 0.9% higher at noon. Afterpay touch group (ASX:APT) took a dip today - this appears to be attributable to a broker call. Today, analysts at UBS have initiated coverage on the company rating it as a sell. OZ Minerals (ASX:OZL) released their third quarter report this morning showing they are on track to achieve...
16 Oct 2019 - Following positive leads from US markets, the ASX looks set to open higher. It was good news in the US as stocks hit four-week highs. Healthcare and financials led the gains. The UK saw the sterling soar to a four-month high as the Brexit deadline of October 31st draws close. Wesfarmers (ASX:WES) yesterday launched a new sustainability website to provide updates on areas critical to the Group’s performance.
15 Oct 2019 - After a drop in early trade the ASX managed to maintain momentum and closed 0.1% higher. Southern Cross Media (ASX:SXL) shares have fallen sharply on the back of the company’s latest trading update. Nick Scali (ASX:NCK) shares took a dip today after they released a trading update showing that difficult trading conditions have continued for the first three months into the current financial year.
15 Oct 2019 - The Australian share market opened lower this morning following leads from the US but has gained some momentum and is now edging into positive territory in the second hour of trade. Retail Food Group (ASX:RFG) has announced a $190 million equity raising.
15 Oct 2019 - The local sharemearket is set to open lower after Wall Street slipped on new concerns around a US-China trade agreement. Australia’s largest airline, Qantas (ASX:QAN) has announced that it is once again in a position to qualify for inclusion in the MSCI Global Investable Market Indexes based on its most recent foreign ownership reconciliation
14 Oct 2019 - The Aussie share market managed to carve out gains for its third consecutive session finishing 0.5% higher. The majority of sectors closed in the green with Energy outperforming the market. The eagerly-anticipated Home Consortium (ASX:HMC) listed today.
14 Oct 2019 - The Australian share market opened higher this morning following strong economic headwinds from the US and Europe, including winds of change in the US-China trade war as they strike a partial deal. Energy is leading the charge, rallying 2.8% on news that Santos (ASX:STO) is set to acquire ConocoPhillips’ assets for approximately US$1.39 billion.
14 Oct 2019 - Following positive leads from US markets, the ASX looks set to open higher this morning. A partial trade deal was secured between China and the US bringing optimism to the markets. London-listed equities exposed to the domestic economy performed strongly after the British Prime Minister and his Irish counterpart said they had found “a pathway” to a possible Brexit deal. And Neuren Pharmaceuticals (ASX:NEU) announced that the US FDA has granted Orphan Drug Designation for...
