Author - Craig Foley

Oil sinks as Saudi Arabia pushes for recovery: ASX set to open higher

18 Sep 2019 - Following soft leads from US markets, the ASX looks set to open higher. Oil is the big story this week after a coordinated attack knocked out 5.7 million barrels of daily crude production, or more than half of Saudi Arabia oil output. Saudi officials say they had restored just under half the output lost. Automotive Holdings Group (ASX:AHG) managing director John McConnell will leave the company.

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Oil prices surge: ASX closed 0.3% higher

17 Sep 2019 - The ASX fell at the open following soft leads from Wall Street managing to drag itself up throughout the day and closed 0.3% higher. Ramsay Healthcare (ASX:RHC) lost investors today after reports the Paul Ramsay foundation selling $1.36bn stake. Advance Nanotek (ASX:ANO) has received a Therapeutic Goods Administration for its new manufacturing facility in Brisbane.

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House prices fall in June quarter: ASX is 0.2% lower at noon

17 Sep 2019 - The ASX fell at the open following soft leads from Wall Street and is now tracking 0.2% lower at noon. Eclipx Group (ASX:ECX) and shares in the Vocus Group (ASX:VOC) both rose today. Ramsay Healthcare (ASX:RHC) and Corporate Travel Management (ASX:CTD) saw declines. Aurizon (ASX:AZJ) has started proceedings regarding the sale of the Australian assets of Genesee & Wyoming.

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