Latest Market News Archives - Page 220 of 228

02OctOctober 2, 2019

US manufacturing suffers worst month in a decade: ASX set to open lower

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.

01OctOctober 1, 2019

AUD drops as RBA cut rate to 0.75%: ASX closed 0.8% higher

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.

01OctOctober 1, 2019

All eyes on rates ahead of RBA decision: ASX is tracking 0.2% higher at noon

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...

01OctOctober 1, 2019

Wall St rises on trade optimism: Aus shares to edge higher, RBA meeting ahead

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.

30SepSeptember 30, 2019

Integral Diagnostics (ASX:IDX) appoints Dr Milne: Aus shares close 0.4% lower

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.

30SepSeptember 30, 2019

Service Stream (ASX:AWC) pens agreement with Optus: Aus shares 0.2% higher at noon

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.

30SepSeptember 30, 2019

Volatile end to the week on Wall St on US China trade tensions: Aus shares to open lower

30 Sep 2019 - Australian shares are set to open lower following ongoing trade tensions between the US and China. IOOF (ASX:IFL)subsidiary AET has been found liable for breaching its duties as a trustee.

27SepSeptember 27, 2019

Oilex (ASX:OEX) to buy 27 Petroleum Retention Licences: Aus shares close 0.6% higher

27 Sep 2019 - S&P/ASX200 closes 0.6% higher. Communications, Energy and Utilities buoyed the market. Every sector managed to cap some gains today. Oilex (ASX:OEX) has penned a binding term sheet with Senex Energy (ASX:SXY) to buy 27 Petroleum Retention Licences.

27SepSeptember 27, 2019

Magnis Energy Technologies secures $8M funding: Aus shares 0.3% higher at noon

27 Sep 2019 - The ASX spiked 10 minutes into the session, has been tracking sideways for most of the morning and is now tracking 0.3 per cent higher at noon. Graphite company, Magnis Energy Technologies (ASX:MNS) have secured $8 million in funding from Middle East based Negma Group.

27SepSeptember 27, 2019

White House releases whistleblower report: Aus shares to open higher

27 Sep 2019 - Overnight the White House released the redacted whistleblower report which is at the epicenter of the impeachment inquiry into President Trump. Despite weak leads from the US markets, the SPI futures are pointing to a 0.4 per cent gain. GrainCorp (ASX:GNC) asset sale decision delayed by ACCC.

Latest Market News

US manufacturing suffers worst month in a decade: ASX set to open lower

AUD drops as RBA cut rate to 0.75%: ASX closed 0.8% higher

All eyes on rates ahead of RBA decision: ASX is tracking 0.2% higher at noon

Wall St rises on trade optimism: Aus shares to edge higher, RBA meeting ahead

Integral Diagnostics (ASX:IDX) appoints Dr Milne: Aus shares close 0.4% lower

Service Stream (ASX:AWC) pens agreement with Optus: Aus shares 0.2% higher at noon

Volatile end to the week on Wall St on US China trade tensions: Aus shares to open lower

Oilex (ASX:OEX) to buy 27 Petroleum Retention Licences: Aus shares close 0.6% higher

Magnis Energy Technologies secures $8M funding: Aus shares 0.3% higher at noon

White House releases whistleblower report: Aus shares to open higher

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