Yearly Archives - 2019

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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Westpac (ASX:WBC) shares down after CEO resignation: ASX tracking 0.5% higher at noon

27 Nov 2019 - The ASX opened lower and made moderate gains throughout the morning. It is now tracking 0.5% higher at noon. Meanwhile, Westpac (ASXWBC) shares are down after their CEO stood down yesterday. Woolworths Group (ASX:WOW) CEO Brad Banducci and Woolworths Group Chairman Gordon Cairns have acknowledged their leadership responsibility for the payment shortfalls to salaried team members.

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