Latest Market News

Declines led by miners: ASX closed 0.5% lower

26 Sep 2019 - The ASX took a dip in early morning trade after opening higher and failed to gain momentum to close 0.5% lower. Miners took a hit today with Silver Lake Resources (ASX:SLR) down over 5 per cent, shares in Gold Road Resources (ASX:GOR), Northern Star Resources (ASX:NST), and Newcrest Mining (ASX:NCM) also slid. IMF Bentham (ASX:IMF) is expecting a $30.5m boost after the Supreme Court of New South Wales judged in favour of its client.

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Job vacancies fall for the first time in years: ASX tracking 0.2% lower at noon

26 Sep 2019 - The ASX opened higher then fell after early morning trade and is now tracking 0.2% lower at noon. Newcrest (ASX:NCM) shares dropped today after they reported RC drilling had started at the Tanami region of WA. Sezzle (ASX:SZL) is now available to online businesses worldwide through Visa’s CyberSource payment management platform.

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Fonterra post net loss of $605m: ASX set to open higher

26 Sep 2019 - Following positive leads from US markets, the ASX looks set to open higher this morning. The S&P 500 slowed a three-day slide helped by tech and banks. As Trump's impeachment drama continues, he suggested a trade deal with China was possible and also looked into a pact with Japan. Diary giant Fonterra (ASX:FSF) has posted a net loss after tax of $605 million for the July year, slightly better than expected.

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Afterpay shares higher after AUSTRAC update: ASX tracking 0.6% lower

25 Sep 2019 - The ASX dropped at the open and continues to shuffle along, tracking 0.6% lower at noon. Afterpay Touch Group (ASX:APT) shares have shot up today after they updated the market in relation to their Anti-Money Laundering and Counter-Terrorism Financing matters by providing an interim report to AUSTRAC. Strike Energy (ASX:STX) reports Neville Power has been appointed as a Non-Executive Director and Deputy Chairman of the company.

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Trump’s political turmoil see US stocks fall: ASX set to open lower

25 Sep 2019 - The ASX looks set to open lower this morning after US stocks took a dive yesterday some seeing their worst falls in over a month as uncertainties arose over President Donald's Trump's future. OceanaGold Corporation (ASX:OGC) is pleased to announce that further extensive drilling at the Martha Underground Project at the Waihi Gold Mine in New Zealand supports an increase to the size of the exploration target.

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Treasury Wine Estates shares drop on China trade war fears: ASX closed 0.01% lower

24 Sep 2019 - The ASX failed to gain momentum after an early rise this morning and closed 0.01% lower. Treasury Wine Estates (ASX:TWE) shares dropped today after they released their Investor day presentation showing Chinese wine accounts for 60% of sales volume in China and fears this could be harmed by the trade war between the US and China. Noxopharm (ASX:NOX) released an announcement today saying Chief Medical Officer Dr Greg Van Wyk is departing the business.

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Webjet rises on UK travel company collapse: ASX tracking 0.1% lower at noon

24 Sep 2019 - The ASX rose at the open despite weak leads from Wall Street but failed to maintain the momentum and is now tracking 0.1% lower at noon. Webjet (ASX:WEB) shares are on the up following the collapse of UK travel firm Thomas Cook. Qantas have been called on to help their passengers stranded in all corners of the globe. Macquarie Media (ASX:MRN) has confirmed that John Singleton has signed over his stake in the group.

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