Latest Market News Archives - Page 221 of 227

24SepSeptember 24, 2019

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.

24SepSeptember 24, 2019

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.

24SepSeptember 24, 2019

US stocks mixed as investors worry over global economy: Aus shares to slip at open

24 Sep 2019 - The Australian sharemarket is poised to slip at the open following weak leads from Wall Street. Echo Resources (ASX:EAR) has released a statement regarding the off-market takeover bid by Northern Star Resources.

23SepSeptember 23, 2019

Webjet stocks dip as EBITDA downgraded: Aus shares close 0.3% higher

23 Sep 2019 - The S&P/ASX 200 index closed 0.3% higher. As for the sectors, we saw strong performances from Real Estate, Health Care and Energy. Digital travel company Webjet (ASX:WEB) took a hit today after one of its customers, Thomas Cook, entered compulsory liquidation.

23SepSeptember 23, 2019

Osteopore floats after oversubscribed IPO: Aus shares 0.3% higher at noon

23 Sept 2019 - The ASX opened lower following weak leads from Wall Street and is now tracking 0.3 per cent higher at noon. All sectors are positioned in the green at noon with the REITs sector leading the charge. Australian biotech company, Osteopore (ASX:OSX), started trading today following its oversubscribed IPO.

23SepSeptember 23, 2019

Wall Street lower on trade tensions : Aus shares to open flat

23 Sep 2019 - Australian shares are set to open flat following weak leads from Wall Street. Stocks fell Friday on news that Chinese officials were cutting short their visit to the US dampening hope of a trade war resolution between the two countries. National Australia Bank has announced that Ross McEwan will start with the Bank as Group CEO and MS on Monday 2 December 2019.

20SepSeptember 20, 2019

Fonterra director steps down: Aus shares close 0.9% higher over week

20 Sep 2019 - The market closed 0.2 per cent higher this afternoon. As for the sectors, Materials made the most gains with strong performances from underlying stocks, like Newcrest Mining (ASX:NCM). This comes as hundreds of thousands of students around the country engaged in the school strike for climate today.

20SepSeptember 20, 2019

Redbubble upgraded to a buy: Aus shares spike

20 Sep 2019 - The ASX is trading 0.6% higher at midday. All of the sectors are trading in positive territory with Technology and Real Estate leading the way. Goldman Sachs has upgraded Redbubble (ASX:RBL) from a neutral to a buy.

19SepSeptember 19, 2019

Global climate strike kicks off: Aus shares to open higher

20 Sep 2019 - The Australian share market looks set to open higher following strong leads from the US. Overnight the OECD released an interim economic outlook report projecting the weakest annual growth rates since the financial crisis. Cedar Woods Properties (ASX:CWP) has penned a conditional agreement to acquire a 12.4 ha property in WA for $21.2 million.

19SepSeptember 19, 2019

Oil continues to slip after shortfall from Saudi attacks: Aus shares close 0.5% higher

19 Sep 2019 - It has been a positive day of trade for the ASX. After a rise at the open it manage to track sideways to close 0.5% higher. Shares in Speedcast International (ASX:SDA) and Bega Cheese (ASX:BGA) rose. Brickworks (ASX:BKW) today announced a record underlying NPAT from continuing operations of $234m, up 4% on the prior year.

Latest Market News

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

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

US stocks mixed as investors worry over global economy: Aus shares to slip at open

Webjet stocks dip as EBITDA downgraded: Aus shares close 0.3% higher

Osteopore floats after oversubscribed IPO: Aus shares 0.3% higher at noon

Wall Street lower on trade tensions : Aus shares to open flat

Fonterra director steps down: Aus shares close 0.9% higher over week

Redbubble upgraded to a buy: Aus shares spike

Global climate strike kicks off: Aus shares to open higher

Oil continues to slip after shortfall from Saudi attacks: Aus shares close 0.5% higher

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