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30Nov

Bega raises $284M: Aus shares 0.4% lower at noon

27 Nov 2020 - The Australian share market opened slightly lower and has made a modest decline in the first 2 hours of trade. Energy stocks are dragging on the market. Most of the sectors are trading in the red. Shares in Bega Cheese (ASX:BGA) have rallied this morning, after it successfully raised $284 million, via the institutional component of its 1 to 4.5 pro rata entitlement offer, and its underwritten institutional placement.

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10Oct

A rollercoaster day ends flat: ASX closes 0.01% lower

10 Oct 2019 - It was a volatile day on the ASX - and this could be set to continue as the China-US trade talks pull into focus again. After a rollercoaster day the market closed 0.01% lower. A handful of companies hit a year low today. And major board movements for Seven West Media (ASX:SWM).

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20May

Retail turnover dropped 18% in April: ASX tracking 0.2% lower at noon

20 May 2020 - The ASX is now tracking almost 0.2% lower at noon. EML payments (ASX:EML) rose today after reporting that they remain on course to deliver a solid full year result despite the pandemic. Revenue for the nine months ending March 31 was up 20%. Credit Suisse rates Abacus Property Group (ASX:ABP) as an Upgrade to an Outperform from a Neutral.

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23Jul

Nvidia & Tesla lead Nasdaq & Tech rebound

23 Jul 2024 - All three major indices finished in the green with the Tech names rebounding from last week’s selloff, as the rotation into the broader market and small companies took a breather.

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15Jun

CBA appoints Simon Moutter to board: Aus shares to open higher

15 Jun 2020 - The Australian share market is set to open higher this morning after Wall Street rebounded on Friday. Technology and financial stocks led the recovery. Coronavirus developments will be front and centre this week, with a raft of economic news on the agenda. The Commonwealth Bank of Australia (ASX:CBA) has appointed Simon Moutter as an Independent, Non-Executive Director.

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20May

Wall St falls in wild session: ASX to edge higher

20 May 2021 - The ASX is to edge higher following Wall St closing its third straight session in the red. The market downturn was triggered on the back of China’s regulators crackdown on cryptocurrency, warning financial institutions to not participate in any crypto-related business. Adding to the sell-off, the US Federal Reserve minutes were released which showed first signs that the central bank might tighten policy if the economy shows “rapid” progress. Macquarie downgrades St Barbara (ASX:SBM). Auckland...

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01Apr

Market enters April on a high: ASX closes 3.6% higher

01 Apr 2020 - The ASX has closed at a two week high closing 3.6% higher. Shares in Mayne Pharma (ASX:MYX) soared and SkyCity Entertainment (ASX:AKC) shares rose as did AP Eagers (ASX:APE). Synlait Milk (ASX:SM1) completed the purchase of Dairyworks today.

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21Sep

Tech sell off continues on Wall Street: Local markets set for weak start

21 Sep 2020 - The local sharemarket is set for a weak start this morning following negative overseas leads on the back of rising concerns about the pace of the global economic recovery from COVID-19.

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03Feb

Gold miners take a tumble: ASX closed 0.9% higher

03 Feb 2021 - The local sharemarket closed 0.9% higher or 62 points up to 6,825. Gold miners, Northern Star (ASX:NST) and Newcrest (ASX:NCM) shares fell today and Amcor (ASX:AMC) shares did well today after they upgraded their earnings and lifted their dividend today. And Havilah Resources (ASX:HAV) deals its uranium resources.

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13May

Red-hot inflation rise pressures Wall St to plunge: ASX to fall

13 May 2021 - The ASX is set to drop falling Wall St closing deep in the red as the annual inflation rate rose to its highest in 13 years. Citi rates Suncorp (ASX:SUN) as neutral while Morgan Stanley rates Virgin Money UK (ASX:VUK) as hold. The SPI futures are pointing to a 0.4% fall.

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