Monthly Archives - November 2019

Investors await reation to Trump’s Hong Kong legislation: ASX tracking 0.4% at noon

28 Nov 2019 - The ASX rose at the open and is now tracking 0.4% higher at noon. Investors are waiting to see how the markets react to Trump signing Hong Kong legislation that would impose sanctions on Chinese and Hong Kong officials responsible for human rights abuses in Hong Kong. Rural Funds Management, as responsible entity for the Rural Funds Group (ASX:RFF), has seen unitholders of RFM Poultry (NSX:RFP) approve the transaction today for the sale of RFF’s...

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Fresh highs for US markets on GDP data: ASX poised to open higher

28 Nov 2019 - Following positive leads from US markets, the ASX looks set to open higher. The S&P 500, Nasdaq and Dow Jones closed at all-time levels for a third straight day. Results from US gross gross domestic product and unemployment figures beat analysts’ expectations. The markets are closed for Thanksgiving. EganStreet Resources approaches compulsory acquisition by Silver Lake Resources (ASX:SLR).

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Bravura (ASX:BVS) shoots up 14%: ASX closed 0.9% higher

27 Nov 2019 - The ASX rose throughout the day and managed to close 0.9% higher. The RBA signalled interest rates are to stay low. Shares in Caltex (ASX:CTX) rose after revealing it had received a takeover approach from a Canadian convenience retailer. Harvey Norman Holdings (ASX:HVN) show an increase of 2% on the aggregated sales generated in the pcp.

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