Monthly Archives - December 2019

The British pound slumps on fears of a hard Brexit: ASX poised to open higher

18 Dec 2019 - Following soft leads from US markets, the ASX looks set to open higher this morning. European stocks were mixed and over in the UK the pound fell more than 1% yesterday after reports said that the British government will block a delay to the post-Brexit transition period. Infratil (ASX:IFT) today announced that Chief Executive Vince Hawksworth will be leaving Trustpower for Mercury.

Read more...

Lynas (ASX:LYC) shares fall after they fail to get Malaysian approval for higher processing: ASX closes 0.04% lower

17 Dec 2019 - The ASX slid around lunchtime and struggled to gain momentum closing 0.04% lower. Lynas Corporation (ASX:LYC) saw their shares drop today after they were unsuccessful in obtaining Malaysian regulatory approval for an increase in the lanthanide concentrate processing limit for Calendar Year 2019. Catapult Group International (ASX:CAT) ClearSky technology has achieved ‘FIFA Quality’ certification.

Read more...

Wisr (ASX:WZR) partners with NAB

17 Dec 2019 - Wisr Limited (ASX:WZR) CEO, Anthony Nantes talks about the company's partnership with NAB to provide an initial $50m in funding to support its personal loan book and diversify its funding partners.

Read more...

Financials the worst performing sector: ASX flat at noon

17 Dec 2019 - The ASX rose at the open then took a slight dip before lunch. The market is now flat at noon. Virgin Money UK (ASX:VUK) shares are falling on the back of the UK general election result where the Conservative party won a parliamentary majority. Warrego Energy (ASX:WGO) has agreed to acquire a minimum 50.1% indirect interest in El Romeral.

Read more...