Monthly Archives - December 2019

Boeing shares rise as CEO is ousted: ASX set to open flat

24 Dec 2019 - Following positive leads from US markets, the ASX looks set to open flat. There was light trading in the US as people enjoy their Christmas break as US stocks edged to fresh highs. The S&P 500 gained for the eighth time in nine sessions, another all-time high after China said it cut tariffs. Shares in Boeing surged after Chief Executive Officer Dennis Muilenburg was ousted. Resolute Mining (ASX:RSG) strengthens US$ gold hedge book.

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Bega (ASX:BGA) shares rise on update: ASX closed 0.5% lower

23 Dec 2019 - The ASX fell at the open failing to gain momentum closing 0.5% lower. Bega (ASX:BGA) shares shot up today after the company released an update. Bega Cheese (ASX:BGA) Executive Chairman Barry Irvin has completed his chemotherapy with positive results and plans to head back to work in the new year.

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Lottery retailer Jumbo (ASX:JIN) shares continue to fall: ASX 0.3% lower at noon

23 Dec 2019 - The ASX took a dip at the open and has continued to fall throughout the morning now tracking 0.3% lower at noon. Jumbo (ASX:JIN) shares have fallen as have NearMap (ASX:NEA). Cloud software providers Xero (ASX:XRO) shares are on the rise. Telix Pharmaceuticals (ASX:TLX) expects its TLX101 Phase I trial into glioblastoma multiforme brain cancer will complete during the second quarter of 2020.

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