Latest Market News

Shares in Orocobre (ASX:ORE) fall despite ‘solid quarter’: ASX closed 0.3% higher

22 Oct 2019 - The ASX closed 0.3% higher. Orocobre (ASX:ORE) shares fell today – quarterly sales revenue at Olaroz declined 21% on a quarter on quarter basis. As for the sectors, the Materials sector led the way and the Information Technology sector trailed behind. And Wagners Holding Company (ASX:WGN) have recommenced supplying cement to Boral (ASX:BLD).

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Super Retail Group (ASX:SUL) shares take a dip despite reporting sales growth: ASX 0.2% higher at noon

22 Oct 2019 - The ASX opened higher following positive leads from Wall Street and is now tracking 0.2% higher at noon. Whitehaven (ASX:WHC) saw a rise in their shares this morning despite warning continued weakness in thermal coal prices. Shares in Super Retail Group (ASX:SUL) dropped this morning despite reporting that the Group delivered total sales growth of 4.2%.

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Collaborate Corporation (ASX:CL8) drives deal with Hyundai over the line: Aus shares 0.7% higher over week

18 Oct 2019 - Over the week, the market has gained 43 points or 0.7%. Stocks fell today as the market came to terms with lower than expected Chinese GDP figures for Q3. Collaborate Corporation’s (ASX:CL8) subsidiary, DriveMyCar, has penned an agreement with Hyundai Motor Company Australia to supply vehicles for the Carly vehicle subscription service.

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Wisetech Global shares fall as they enter a trading halt: ASX closes 0.8% lower

17 Oct 2019 - The ASX dropped at the open and failed to gain momentum closing 0.8% lower. Shares in Wisetech Global (ASX:WTC) slumped today - they have entered into a trading halt pending the release of an announcement on Monday. CIMIC Group company, (ASX:CIM) and wholly owned subsidiary of CPB Contractors, Broad Construction, has been selected by the Queensland Government to help build the new Secondary College in Brisbane.

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