Latest Market News

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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IOOF shares up after ANZ drops pension business sale price: ASX tracking 0.4% lower at noon

17 Oct 2019 - The ASX dropped at the open and is now tracking 0.4% lower at noon. Shares in IOOF Holdings (ASX:IFL) are on the up after ANZ (ASX:ANZ) reduced the price for the sale of its OnePath Pensions and Investments business and Aligned Dealer Groups. City Chic Collective (ASX:CCX) has finalised the acquisition of the e-commerce assets of Avenue Stores in the United States.

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