Author - Craig Foley

Global stocks fall on economic growth worries: ASX closes 2.2% lower

03 Oct 2019 - It has been a disappointing day of trade for the ASX. After opening in the black the local bourse failed to gain momentum to close 2.2% lower. Ooh!Media (ASX:OML) dropped today as did Nearmap (ASX:NEA). As for the sectors, Utilities lost the least and Telcos came in bottom of the pile. And Probiotec (ASX:PBP) has today completed the sale of the Celebrity Slim brand.

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Trade balance misses surplus expectations: ASX tracking 2.1% lower at noon

03 Oct 2019 - The ASX dropped at the open and is now 2.1% lower at noon. The four big banks all dropped. Agribusiness Webster (ASX:WBA) shares shot up today after news they have been approached by a Canadian pension fund with a takeover bid worth $854 million. And Agrimin (ASX:AMN) has awarded Kerman Contracting the engineering design contract for the Wyndham Port Facility.

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