Author - Craig Foley

China-US trade talks lose optimism: ASX poised to open lower

09 Oct 2019 - Following negative leads from US markets, the ASX looks set to open lower this morning. Wall Street took a negative turn yesterday as investor optimism around the US-China trade talks took a dip. And one of the directors of the Afterpay Touch Group (ASX:APT) David Hancock has resigned.

Read more...

All sectors close in positive territory: ASX closed 0.5% higher

08 Oct 2019 - It has been a positive day of trade for the ASX with gains across the board - after a rise at the open the local bourse managed to track sideways to close 0.5% higher. Mayne Pharma (ASX:MYX) shares did well today as they recently made moves into the US market. MOD Resources (ASX:MOD) see orders approving the scheme of arrangement by which Sandfire Resources NL (ASX:SFR) will acquire all of their issued shares.

Read more...

Business conditions show weakness despite tax cuts: ASX tracking 0.6% higher at noon

08 Oct 2019 - The ASX shot up at the open despite poor leads from Wall Street. The market is now tracking 0.6% higher at noon. Shares in Clinuvel Pharmaceuticals (ASX:CUV) rose today after they reported yesterday that its CEO will stay for three more years. The Jumbo Interactive (ASX:JIN) share price has taken a dip today after almost quadrupling over the year. OceanaGold Corporation (ASX:OGC) granted approval for land near the Waihi Gold Mine.

Read more...