Latest Market News

  • Home
  • Latest Market News
10Sep

ASX loses two days of gains, but JBH, APE hit all time highs: Aus shares fall 0.5%

10 Sep 2019 - Aussie shares lose two days of gains, but there was plenty of pockets of green with Woolworths (ASX:WOW) trading at 5.5 yr high, Santos (ASX:STO) at four year high, JB Hi-Fi (ASX:JBH) at new all-time highs. Bega Cheese (ASX:BGA) appoints a non-exec director with 16 years of ASX consumer staples experience. AMP (ASX:AMP) shares rise for fifth session. AP Eagers (ASX:APE) shares trade at all-time high.

Read more...
10Sep

Syrah shares drop after reducing graphite production: ASX tracking 0.5% lower at noon

10 Sep 2019 - The ASX fell at the open is now tracking 0.5% lower at noon. Syrah Resources (ASX:SYR) have seen a drop in their shares after reporting they will significantly reduce graphite production volumes after a drop in prices in China. Galaxy Resources (ASX:GXY) shares are rising as are shares in Whitehaven Coal (ASX:WHC). Ramsay Health Care (ASX:RHC) has appointed James McMurdo as a non-executive director.

Read more...
09Sep

Healthcare services lead decline on Wall St: ASX poised to open lower

10 Sep 2019 - Following mixed leads from US markets, the ASX looks set to open lower this morning. Health-care shares led declines on Monday in the US and analysts expect technology stocks to lead the market higher on Wall St. Vocus Group (ASX:VOC) Company Secretary Ashe-lee Jegathesan has resigned to start a position as COO with Uniti Group.

Read more...
09Sep

Postive but minor start to week:Aus shares close 0.1% higher

09 Sep 2019 - Local shares start week with a minor gain while Jumbo Interactive (ASX:JIN), Qube (ASX:QUB), Aventus (ASX:AVN) set new all-time highs. Aussie lending to households sees most growth in five years, but remains at lows compared to 2017. Wesfarmers (ASX:WES) books WesCEF site tour and takeover Kidman Resources (ASX:KDR) later this month, subject to court approval.

Read more...
09Sep

Household borrowing strongest growth in five years: Aus shares flat at noon

09 Sept 2019 - Aussie share market kicks off trading week in positive territory, after rising for the two last sessions and gaining 0.5% last week. Afterpay (ASX:APT), Jumbo Interactive (ASX:JIN), Qube (ASX:QUB), Aventus (ASX:AVN) trade at all-time highs. Gold Road Resources (ASX:GOR) positive exploration results from WA. GBST (ASX:GBT) targets female pay equality, shares up 146% YTD.

Read more...
08Sep

Wall Street closes mixed on disappointing jobs data: Aus shares to open lower

09 Sep 2019 - Australian shares look set to open lower following an uneventful end to the week on Wall Street. US stocks closed little changed on Friday after the release of disappointing jobs data. Blue Sky Alternatives Access Fund (ASX:BAF) has announced that a binding agreement has been executed to sell all of the interests in the Atira student accommodation portfolio.

Read more...
06Sep

Construction decline eases in August: ASX tracking 0.5% higher at noon

06 Sep 2019 - The ASX opened higher and continued to rise at the open and is now tracking 0.5% higher at noon. Cooper Energy (ASX:COE) shares shot up almost 10% after their announcement that the exploration well Annie-1 has made a new gas field discovery in the Otway Basin offshore Victoria. Kalium Lakes (ASX:KLL) Beyondie Sulphate of Potash Project has been granted Major Project Status by the Australian Federal Government.

Read more...
05Sep

Could fresh China talks lead to a breakthrough?: ASX set to open higher

06 Sep 2019 - Following positive leads from US markets, the Australian share market looks set to open higher this morning. Wall Street stocks surged under the announcement that China and the US will resume trade talks next month. Rare earths producer, Northern Minerals (ASX:NTU) has raised to date under the company's $30 million Placement approximately $22.6 million

Read more...