Monthly Archives - October 2019

All sectors close in positive territory: ASX closed 0.5% higher

08 Oct 2019 - It has been a positive day of trade for the ASX with gains across the board - after a rise at the open the local bourse managed to track sideways to close 0.5% higher. Mayne Pharma (ASX:MYX) shares did well today as they recently made moves into the US market. MOD Resources (ASX:MOD) see orders approving the scheme of arrangement by which Sandfire Resources NL (ASX:SFR) will acquire all of their issued shares.

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Business conditions show weakness despite tax cuts: ASX tracking 0.6% higher at noon

08 Oct 2019 - The ASX shot up at the open despite poor leads from Wall Street. The market is now tracking 0.6% higher at noon. Shares in Clinuvel Pharmaceuticals (ASX:CUV) rose today after they reported yesterday that its CEO will stay for three more years. The Jumbo Interactive (ASX:JIN) share price has taken a dip today after almost quadrupling over the year. OceanaGold Corporation (ASX:OGC) granted approval for land near the Waihi Gold Mine.

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Santos reports (ASX:STO) strong Caley reservoir flow

08 Oct 2019 - Oil and gas giant Santos (ASX:STO) has announced that the initial flow test of the Caley reservoir in Western Australia has confirmed the main oil pool in the field is capable of producing flow rates at the higher end of pre-drill expectations.

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