03 Oct 2019 - The ASX dropped at the open and is now 2.1% lower at noon. The four big banks all dropped. Agribusiness Webster (ASX:WBA) shares shot up today after news they have been approached by a Canadian pension fund with a takeover bid worth $854 million. And Agrimin (ASX:AMN) has awarded Kerman Contracting the engineering design contract for the Wyndham Port Facility.
03 Oct 2019 - Following negative leads from US markets, the ASX looks set to open lower this morning. The Dow plunged more than 450 points as Wall Street continues its rough start to the fourth quarter. Treasuries climbed. Engineering company SRG Global (ASX:SRG) says Enzo Gullotti has resigned as Executive Director from the company.
02 Oct 2019 - It has been a disappointing day of trade for the ASX. After opening in the red the local bourse continued to lose momentum to close 1.5% lower. It was good news for Mayne Pharma (ASX:MYX) though as their shares shot up today after entering into an agreement with Mithra Pharmaceuticals to commercialise a combined oral contraceptive in the US. Blue Sky Alternatives Access Fund (ASX:BAF) has settled a deal to sell its interests in the...
02 Oct 2019 - The ASX opened lower following soft leads from Wall Street and is now tracking 1.3% lower at noon. The markets dropped on poor manufacturing result from the US and weak manufacturing data from Europe. ResApp Health (ASX:RAP) reports that ResAppDx-EU, the world’s first smartphone-based diagnostic test for acute paediatric respiratory disease, has received Australian Therapeutics Goods Administration (TGA) approval.
02 Oct 2019 - Following negative leads from US markets, the ASX looks set to open lower this morning. In the US, banks led the decline as rates moved lower, followed by industrial companies. All three benchmarks were lower. Sundance Energy Australia (ASX:SEA) reports that yesterday the Federal Court of Australia approved orders to convene a meeting for the proposed redomiciliation from Australia to the United States via a Scheme of Arrangement.
01 Oct 2019 - It has been a positive day of trade for the ASX. After a small dip in early morning trade the local bourse managed to gain momentum to gain 0.8%. The market rose after the RBA announcement to cut rates. The major banks also moved back into the green. Ausdrill (ASX:ASL) report that on a proforma basis the Group achieved growth in revenue of 14.2% to $1.97b in the Chairman's address.
01 Oct 2019 - The ASX opened higher following positive leads from Wall Street and is now tracking 0.2% higher at noon. Nufarm (ASX:NUF) shares are on the rise in the first two hours of trade. The market is expecting the cash rate to be cut by 25 basis points to 0.75%. The Industrials sector is leading the way and the Energy sector trailing behind. And Harvey Norman Holdings (ASX:HVN) and certain of its controlled entities have completed the...
01 Oct 2019 - The local sharemarket is poised to edge higher this morning followed by a solid session in the US on Monday. RBA rate decision ahead. Coles (ASX:COL) strengthens its partnership with online marketplace eBay.
30 Sep 2019 - It’s been a bearish afternoon on the Australian share market. The S&P/ASX 200 index closed 0.4% lower. UBS has downgraded Alumina (ASX:AWC) from a neutral to a sell, with a 12-month price target of $2.10.
30 Sep 2019 - The S&P/ASX200 opened higher defying negative leads from US markets and is now tracking 0.2% higher at noon. Service Stream (ASX:SSM) has penned a wireless design and construction agreement with Optus.
