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14Oct

‘Phase 1’ deal between US and China brings optimism: ASX to open higher

14 Oct 2019 - Following positive leads from US markets, the ASX looks set to open higher this morning. A partial trade deal was secured between China and the US bringing optimism to the markets. London-listed equities exposed to the domestic economy performed strongly after the British Prime Minister and his Irish counterpart said they had found “a pathway” to a possible Brexit deal. And Neuren Pharmaceuticals (ASX:NEU) announced that the US FDA has granted Orphan Drug Designation for...

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11Oct

Optimism for Brexit and US-China trade deal: Aus shares set to open higher

11 Oct 2019 - The S&P/ASX200 is poised to open higher on optimism overnight that there may be a positive end in sight for the US-China trade talks and Brexit negotiations. This comes as the US-China trade talks enter a new round of negotiations in Washington. Spectrum Metals (ASX:SPX) has refuted claims that its subsidiary, Zebra Minerals, was served with proceedings in the Supreme Court of Western Australia.

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10Oct

A rollercoaster day ends flat: ASX closes 0.01% lower

10 Oct 2019 - It was a volatile day on the ASX - and this could be set to continue as the China-US trade talks pull into focus again. After a rollercoaster day the market closed 0.01% lower. A handful of companies hit a year low today. And major board movements for Seven West Media (ASX:SWM).

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10Oct

Orora shares soar on the back of sale: ASX tracking at 0.2% lower at noon

10 Oct 2019 - The ASX dropped at the open only to rise in the first hour of trade and is now tracking 0.2% lower at noon. Shares in Orora (ASX:ORA) shot up today after it released the news that it is selling its Australasian Fibre Business to Nippon Paper Industries Co. for an enterprise value of $1.7b. SeaLink Travel Group (ASX:SLK) reports that Transit Systems Group has been successfully awarded new contracts for some WA bus services.

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10Oct

A US-China partial trade deal could be in sight: ASX set to open higher

10 Oct 2019 - Following positive leads from US markets, the ASX looks set to open higher this morning. In the US the Federal Reserve released the minutes from its September meeting. In other news, Turkey has begun a military offensive into Syria just days after President Donald Trump said the US wouldn’t stand in the way. The Afterpay Touch Group (ASX:APT) reported yesterday that former US treasury secretary Lawrence Summers will join its advisory board.

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09Oct

Clinuvel shares sky rocket after FDA approval: ASX closes 0.7% lower

09 Oct 2019 - It has been a disappointing day of trade for the ASX, closing 0.7% lower. Shares in biopharmaceutical company Clinuvel (ASX:CUV) did well today – they are at an all time high. Flight Centre (ASX:FLT) shares declined though as did News Corp (ASX:NWS). As for the sectors, the best performing sector was Communication Services while the worst performing sector was Consumer Discretionary.

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09Oct

Flight Centre shares fall on challenging H1 predictions: ASX 0.8% lower at noon

09 Oct 2019 - The ASX opened lower following soft leads from Wall Street and is now tracking 0.8% lower at noon. Cleanaway Waste Management (ASX:CWY) shares shot up after becoming the successful bidder for the acquisition of the assets of the SKM Recycling Group. Flight Centre Travel Group (ASX:FLT) saw their shares drop almost 10% this morning after they released their likely outcomes for financial year 2020 patterns.

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09Oct

China-US trade talks lose optimism: ASX poised to open lower

09 Oct 2019 - Following negative leads from US markets, the ASX looks set to open lower this morning. Wall Street took a negative turn yesterday as investor optimism around the US-China trade talks took a dip. And one of the directors of the Afterpay Touch Group (ASX:APT) David Hancock has resigned.

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