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03Jan

Dow lifts with Apple a big gainer: ASX poised to open higher

03 Jan 2020 - Following positive leads from US markets, the ASX looks set to open higher this morning. It was the first trading day of the new year and Wall St picked up right where it left off in 2019. The Dow jumped with Chipmakers rising as the best performers of the year. Event Hospitality & Entertainment Group (ASX:EVT) says due to the ongoing bushfire threat within Kosciuszko National Park, the NSW National Parks and Wildlife Service has...

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02Jan

Housing market recovers faster than expected: Aus shares close 0.1% higher

02 Jan 2020 - The ASX 200 opened lower, had a tumultuous start to the day but managed to stabilise over the afternoon after housing market data indicated a faster recovery than expected. Diversified mining explorer and producer, Independence Group (ASX:IGO) is granting all Panoramic (ASX:PAN) shareholders who accepted their hostile takeover offer the right to withdraw their acceptance.

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02Jan

Wattle (ASX:WHA) rights issue falls short: Aus shares flat at noon

02 Jan 2020 - The Australian share market opened lower rebelling against positive leads from the US and is now tracking 0.04% lower at noon. Organic baby formula company, Wattle Health Australia (ASX:WHA) was unable to secure the $55 million funding, required as the minimum offer amount to purchase nutritional dairy manufacturer, Blend and Pack during its recent rights issue.

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02Jan

Nasdaq finishes year 38% higher: SPI signals a drop at the open

02 Jan 2019 - The SPI indicates that the Australian share market is poised to retreat at the open with hopes that a bullish last-minute rally on Wall Street on New Year’s Eve could help offset negative sentiment. The Shanghai Composite closed off its best year since 2014 despite the US trade dispute. Strong performances from tech majors like Apple, Microsoft and Facebook boosted the Nasdaq to close out 2019 with a 38% gain. On the commodities front, Gold...

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31Dec

Australian dollar lifts on the last day of the year: ASX closes 1.8% lower

31 Dec 2019 - The ASX took a dip at the open and failed to gather any ground closing 1.8% lower. All sectors are in the red - the sector with the least losses was Materials sector with Gold Road Resources (ASX:GOR), Resolute (ASX:RSG) and Saracen Mineral Holdings (ASX:SAR) all making gains today. GrainCorp (ASX:GNC) today announced that the sale of its Australian Bulk Liquid Terminals business to ANZ Terminals Pty has completed.

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31Dec

Final trading day of the year: ASX poised to open lower

31 Dec 2019 - It’s the last day of trading for 2019 and Australian shares are set to open lower. Over in the US stocks fell on light trading. The S&P 500 fell the most in more than three weeks. Tech shares saw falls with Facebook and Amazon among the biggest decliners. Treasury Wine Estates (ASX:TWE) is set to say goodbye to Fiona Last their Company Secretary.

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30Dec

BOQ raises $89.7M via share purchase plan: Aus shares 0.7% lower at noon

30 Dec 2019 - The Australian share market opened slightly lower this morning and lost ground over the first 2 hours of trade. This comes despite positive leads from US markets. Every sector has made losses this morning with Industrials weighing heaviest on the market. The Bank of Queensland (ASX:BOQ) has successful completed a share purchase plan to raise approximately $89.7 million.

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30Dec

Wall Street boosts on record e-commerce sales: Aus shares to open lower

30 Dec 2019 - The SPI is pointing to a fall at the open, despite positive leads on Friday from the US. The Dow Jones Industrial Average and the broader S&P 500 edged to fresh record highs on Friday however, the tech-heavy Nasdaq snapped its 11-day winning streak. Drug delivery company SUDA Pharmaceuticals (ASX:SUD) has unsuccessfully appealed the Australian Therapeutic Goods Administration’s decision to deny marketing approval for its ArTiMist 6 product.

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27Dec

Silver Lake (ASX:SLR) and Gold Road (ASX:GOR) both see gains: ASX closes 0.4% higher

27 Dec 2019 - It has been a positive day of trade for the ASX back after its two day Christmas break managing to close 0.4% higher. Materials was the best sector today with Silver Lake Resources (ASX:SLR) and Gold Road Resources (ASX:GOR) both seeing gains. Shares in Ausnet (ASX:AST) fell today. Zip Co (ASX:Z1P) says its Share Purchase Plan announced to the market on 29 November and 2 December 2019 closed on 20 December 2019.

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