Monthly Archives - September 2019
13Sep

ECB cuts rates and introduces QE, Trump wants a trade deal: Aus shares rise for 3rd day, up 0.2% noon

13 Sep 2019 - Aussie shares rise as expected on ECB rate cut to -0.5% plus introducing €20b pm in QE. Trump wants full agreement to trade deal. Credit Corp (ASX:CCP) shares trade at new all-time high, Orica (ASX:ORI) at multi-year high. Westpac (ASX:WBC) trades at new year high, Citi says it's a 'buy' even though dividend to drop 10%. Pilbara Minerals (ASX:PLS) to raise $20m through SPP. Syrah Resources (ASX:SYR) clocks revenue.

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12Sep

Trump delays Chinese tariffs: ASX poised to open higher

13 Sep 2019 - Following positive leads from US markets, the ASX looks set to open higher this morning. Stocks on Wall Street rose yesterday. Earlier this week President Donald Trump agreed to delay an additional increase in tariffs on Chinese goods. Integrated Research (ASX:IRI) is pleased to announce the appointment of Mr John Ruthven as Managing Director.

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12Sep

Westpac and NAB hit 12-month highs: ASX closed 0.3% higher

12 Sep 2019 - It has been a positive day of trade for the ASX. After opening in the black the local bourse managed to maintain closing 0.3% higher. The banks did well today - Westpac (ASX:WBC) shares rose to their highest level in over a year. Comet Ridge (ASX:COI) says the Mahalo Joint Venture has lodged two Petroleum Lease Applications which will cover the initial development area for the Mahalo Gas Project.

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12Sep

Blackmores shares on the up once again: ASX tracking 0.5% higher at noon

12 Sep 2019 - The ASX opened higher and followed on from Wall Street as shares gained in early trading led by the technology sector. The market is now tracking 0.5% higher at noon. Starpharma (ASX:SPL) says results from a recent study into its clinical stage colon cancer treating drug, DEP irinotecan show significantly enhanced efficacy benefits.

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