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02Mar

Sharemarket rallies on record housing data: Aus shares close 0.8% lower

02 Mar 2020 - The Australian share market made gains in the back half of the trading session off the back of positive housing data and projections that a cash rate cut may be around the corner. But it was not enough to counteract this morning’s losses. The Financial sector saw the greatest losses. WiseTech Global (ASX:WTC) continued its bullish rally climbing around 13 per cent today.

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22May

Worley (ASX:WOR) awarded Hardisty Energy Terminal contract: Aus shares 0.3% lower at noon

22 May 2020 - The Australian share market opened higher this morning and is now trading 0.3 per cent lower at noon. Worley (ASX:WOR) has been awarded a contract by Hardisty Energy Terminal for services in Canada. Wesfarmers (ASX:WES) reports $780 million in writedowns.

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13May

CBA (ASX:CBA) helped the market surge towards the close: ASX closed 0.4% higher

13 May 2020 - It has been a struggle of a day for the ASX after dropping at the open, it manage to gain closing 0.4% higher. Pilbara Minerals (ASX:PLS) shares did well today as did shares in Avita Medical (ASX:AVH). As for the sectors today, materials performed the best. 360 Capital Group (ASX:TGP) has launched 360 Capital Credit Income Fund.

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03Oct

Global stocks fall on economic growth worries: ASX closes 2.2% lower

03 Oct 2019 - It has been a disappointing day of trade for the ASX. After opening in the black the local bourse failed to gain momentum to close 2.2% lower. Ooh!Media (ASX:OML) dropped today as did Nearmap (ASX:NEA). As for the sectors, Utilities lost the least and Telcos came in bottom of the pile. And Probiotec (ASX:PBP) has today completed the sale of the Celebrity Slim brand.

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16Dec

Wall St finishes slightly higher following trade deal talks: Aus shares to open higher

16 Dec 2019 - The Australian sharemarket is set to start the week higher following positive leads from overseas markets. In the US stocks closed ever so slightly higher after China and the US agreed to a phase one trade deal. Retailer Adairs (ASX:ADH) has completed its acquisition of Mocka.

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08May

Vodafone (ASX:HTA)/ TPG (ASX:TPM) merger receives FIRB approval: Aus shares to open higher

08 May 2020 - Following positive leads from US markets, the Australian share market looks set to open higher. Australia’s national cabinet will meet today to discuss a timetable for reopening parts of the economy following the covid-19 shut down. Vodafone Hutchison Australia has received the green light from the Foreign Investment Review Board to go ahead with its merger with TPG Telecom (ASX:TPM).

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13Jul

TechnologyOne (ASX:TNE) responds to ‘false and misleading’ report: Aus shares 0.7% higher at noon

13 Jul 2020 - The Australian share market opened higher this morning and is now trading 0.7 per cent up at noon. TechnologyOne (ASX:TNE) has responded to a research report published by GMT Research about the company’s audited results.

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08Aug

US job growth ‘unsustainably hot’: Mixed signals for US economy

08 Aug 2022 - Stocks wavered Friday in a volatile trading session after the July jobs report was much better than expected, as investors assessed what a strong labor market would mean for the Federal Reserve’s rate tightening campaign.

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13Mar

S&P500 and the Dow reset record highs: Aus shares set to open higher

12 Mar 2021 - The SPI indicates that the Aussie market will rise at the open. This follows a broad rally on Wall Street, bolstered by tech stocks which boosted the S&P500 and the Dow to new record highs. CHAB Office Trust, which is part owned by Charter Hall Group (ASX:CHC) and Abacus Property Group (ASX:ABP) is set to buy 241 Adelaide Street, Brisbane.

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13Apr

Wall St falls on inflation spike, Oil jumps 7%, EML, AdBri, Lynas, Sims on watch: ASX to open lower

13 Apr 2022 - Wall St's rally was short lived after March inflation data came in line with estimates. Asia was mixed as Premier Li encouraged Chinese companies to buy back stock amid an easing of Covid-19 restrictions in Shanghai. Putin says peace talks is a ‘dead end’. Oil prices jump to US$100 a barrel.

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