Author - Craig Foley

Violence flares in Iraq shaking global markets: ASX closes 0.1% lower

08 Jan 2020 - The ASX took a dip at the open and failed to gain momentum closing 0.1% lower. Shares in Polynovo (ASX:PNV) took a drip despite earlier this week reporting they have hit their first two million dollar month. Monadelphous Group (ASX:MND) has successfully secured new and extension contracts worth a total value of $110 million.

Read more...

AUD drops as economic fall out from bushfires in considered: ASX poised for a flat start

08 Jan 2020 - Following weak leads from US markets, the ASX looks set to open flat this morning. On the commodities front, oil continues to retreat from an earlier rise mainly due to the uncertainty in the Middle East. The Aussie dollar fell as the economic fall out from the bushfires is considered. Emeco (ASX:EHL) is looking to increase its Revolving Credit Facility (RCF) from $65 million to $100 million.

Read more...