Author - Craig Foley

Westpac slumps: Aus shares 0.1% higher at noon

05 Nov 2019 - The local sharemarket’s bright start has faded in the second hour of trade. The market opened up around 40 pts following Wall Street higher but has eased back and is trading mostly flat at lunch. IMF Bentham (ASX:IMF) has announced the conditional in principle settlement of an Australian securities class action it has funded as part of its portfolio.

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Record highs for Wall Street: ASX poised to open higher

05 Nov 2019 - Following positive leads from US markets, the ASX looks set to open higher. Stocks in the US rose with the Dow Jones claiming its first record since July. Uber stocks fell after their reported a quarterly loss topping $1 billion. AUSTAL (ASX:ASB) says the future USS Kansas City has successfully completed acceptance trials in the Gulf of Mexico.

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