Author - Craig Foley

Syrah shares drop after reducing graphite production: ASX tracking 0.5% lower at noon

10 Sep 2019 - The ASX fell at the open is now tracking 0.5% lower at noon. Syrah Resources (ASX:SYR) have seen a drop in their shares after reporting they will significantly reduce graphite production volumes after a drop in prices in China. Galaxy Resources (ASX:GXY) shares are rising as are shares in Whitehaven Coal (ASX:WHC). Ramsay Health Care (ASX:RHC) has appointed James McMurdo as a non-executive director.

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Healthcare services lead decline on Wall St: ASX poised to open lower

10 Sep 2019 - Following mixed leads from US markets, the ASX looks set to open lower this morning. Health-care shares led declines on Monday in the US and analysts expect technology stocks to lead the market higher on Wall St. Vocus Group (ASX:VOC) Company Secretary Ashe-lee Jegathesan has resigned to start a position as COO with Uniti Group.

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Postive but minor start to week:Aus shares close 0.1% higher

09 Sep 2019 - Local shares start week with a minor gain while Jumbo Interactive (ASX:JIN), Qube (ASX:QUB), Aventus (ASX:AVN) set new all-time highs. Aussie lending to households sees most growth in five years, but remains at lows compared to 2017. Wesfarmers (ASX:WES) books WesCEF site tour and takeover Kidman Resources (ASX:KDR) later this month, subject to court approval.

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