Latest Market News

Trump’s Christmas present to the world: Aus shares 0.1% higher at noon

14 Aug 2019 - US trade rep removes items from the China tariff list including cellphones, laptops & game consoles, sending Apple's shares +4.2%. Wages rise more than expected in June Qtr. CSL (ASX:CSL) shares hit a new high on another record profit. National Australia Bank (ASX:NAB) 3Q earnings up 1% to $1.65b, in line with Citi's expectations. Dexus Property (ASX:DXS) distributions for FY19 up 5% as per guidance, FFO up 4.3%, profit dives 26%, but its shares +31%...

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ASX snaps four-day winning streak but gold shines bright: Aus shares close 0.3% lower

13 Aug 2019 - Argentina sell-off, Wall Street slip, 2016-year US bonds and HK protests cap gains. NAB Business Survey for July cites below average conditions and no signs of improvement. Johns Lyng Group (ASX:JLG) snaps up controlling stake in Bright & Duggan Group for $13.8m, shares up 32% YOY. Challenger (ASX:CGF) shares two-month high as profit in line with expectations. Magellan (ASX:MFG) profit soars 80%, it launches a new fund. Centuria Capital (ASX:CNI) approaches ASX300, profit rises.

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