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UK election boosts the Australian market: ASX closed 0.5% higher
UK election boosts the Australian market: ASX closed 0.5% higher

13 Dec 2019 - It has been a positive day of trade for the Australian share market the local bourse managed to close 0.5% higher. Stocks with significant UK businesses enjoyed gains such as Virgin Money UK (ASX:VUK) after exit polls in the UK election point to a Boris Johnson majority. Adairs (ASX:ADH) has today completed its acquisition of Mocka.

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UK exit polls suggest a Boris Johnson win: ASX tracking 0.4% higher at noon
UK exit polls suggest a Boris Johnson win: ASX tracking 0.4% higher at noon

13 Dec 2019 - The ASX rose at the open and is now tracking 0.4% higher at noon. Stocks with significant UK businesses enjoyed gains such as Virgin Money UK (ASX:VUK) after exit polls in the UK election point to a Boris Johnson majority. Medical device company PolyNovo (ASX:PNV) is thrilled NovoSorb BTM has been granted a CE Mark.

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UK polls to determine Brexit approach: Aus shares to open higher
UK polls to determine Brexit approach: Aus shares to open higher

13 Dec 2019 - The Australian share market is poised to open higher following positive leads from the US. Wall Street surged to fresh record highs overnight on news that US negotiators have reached the terms of a phase-one trade deal with China. The deal is now subject to President Donald Trump's approval. Fuel distributor Z Energy (ASX:ZEL) has downgraded its EBITDAF earnings guidance for the 2020 financial year.

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All four banks weigh on the market: The ASX closed 0.7% lower
All four banks weigh on the market: The ASX closed 0.7% lower

12 Dec 2019 - The ASX took a dip at the open and failed to gain momentum throughout the day, closing 0.7% lower. Westpac (ASX:WBC) shares dropped today after its annual general meeting, the other three banks also took a hit weighing on the market. The Decmil Group (ASX:DCG) has entered into an EPC contract with Sunraysia Solar Farm.

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Redbubble (ASX:RBL) share price crashes: ASX tracking 0.6% lower
Redbubble (ASX:RBL) share price crashes: ASX tracking 0.6% lower

12 Dec 2019 - The ASX took a dip at the open and continued to fall throughout the morning. They are now tracking 0.6% lower at noon. Webjet (ASX:WEB) shares have dropped and Redbubble (ASX:RBL) shares took a huge fall today after the company revised its growth outlook for 2020.

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Fed signals no rate hikes in 2020: Aus shares to open lower
Fed signals no rate hikes in 2020: Aus shares to open lower

12 Dec 2019 - The local share market looks set to open lower this morning despite stocks closing slightly higher on Wall Street yesterday after the Federal Reserve signaled it is not likely to increase rates in 2020. Work place solutions company Damstra Holdings (ASX:DTC) has entered into an asset sale agreement to acquire the Scenario Advantage Workforce business (Scenario) from the Projection Group1.

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Shares in Webjet (ASX:WEB) fly after media speculation response: ASX closed 0.7% higher
Shares in Webjet (ASX:WEB) fly after media speculation response: ASX closed 0.7% higher

12 Dec 2019 - It has been a positive day of trade for the ASX the local bourse managed to close 0.7% higher after a strong afternoon rally. Webjet (ASX:WEB) rose almost 10% after dismissing media speculation that it was a takeover target. IMF Betham (ASX:IMF) reports that the Federal Court of Australia has approved the deed of settlement in the Forge securities class action.

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Westpac-MI consumer sentiment drops 1.9%: ASX is tracking 0.2% higher at noon
Westpac-MI consumer sentiment drops 1.9%: ASX is tracking 0.2% higher at noon

12 Dec 2019 - The ASX has risen at the open despite weak leads from Wall Street. It is now tracking 0.2% higher at noon. Shares in Webjet (ASX:WEB) went up today after they responded to media speculation surrounding expressions of interest in the company. They say there is currently no such proposal. Shares on the decline include EML Payment (ASX:EML) and Pro Medicus (ASX:PME). Virtus Health (ASX:VRT) has exercised its second and final option to acquire a further 15% stake in the Sims IVF Group.

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US/China poised to delay tariffs: ASX set to open flat
US/China poised to delay tariffs: ASX set to open flat

11 Dec 2019 - Following a lacklustre day yesterday from the US markets, the ASX looks set to open flat this morning. It's been reported that US and China are planning on delaying the next round of tariffs set for Sunday. The Flight Centre Travel Group (ASX:FLT) has expanded its global leadership team to increase the focus on leisure and corporate travel growth.

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Cochlear (ASX:COH) appoints former Fisher & Paykel CEO to the board: ASX closed 0.3% lower
Cochlear (ASX:COH) appoints former Fisher & Paykel CEO to the board: ASX closed 0.3% lower

10 Dec 2019 - It has been a rollercoaster day of trade for the ASX. The local bourse managed to close 0.3% lower. Companies to lose the most ground were Avita Medical (ASX:AVH), Metcash (ASX:MTS) and Perenti Global (ASX:PRN). Cochlear (ASX:COH) today announced the appointment of Michael Daniell to the board - former Managing Director and CEO of Fisher & Paykel Healthcare Corporation.

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Aerometrex flies high following IPO: ASX tracking flat at midday
Aerometrex flies high following IPO: ASX tracking flat at midday

10 Dec 2019 - The ASX has been on a bit of a rollercoaster ride this morning and is now riding flat at just 0.01% lower at noon. Shares in The A2 Milk company (ASX:A2M) rose today after yesterday's news that CEO Jayne Hrdlicka is set to leave. Shares on the decline are the Lendlease Group (ASX:LLC), and Avita Medical (ASX:AVH). Midway (ASX:MWY) has successfully negotiated its first export price contract.

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Wall Street sees declines: ASX poised to open lower
Wall Street sees declines: ASX poised to open lower

10 Dec 2019 - Following weak leads from US markets, the ASX looks set to open lower this morning as US stocks saw declines. The losses ended three days of rises on Wall Street, boosted by US jobs report beating analysts expectations. Tower Insurance (ASX:TWR) has started its search for a new CEO after it confirmed that Richard Harding will not extend his contract past next year.

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Panoramic Resources (ASX:PAN) advises shareholders to reject bid: Aus shares close 0.3% higher
Panoramic Resources (ASX:PAN) advises shareholders to reject bid: Aus shares close 0.3% higher

09 Dec 2019 - The Australian share market closed higher. McMillan Shakespeare (ASX:WHC) was the worst performer after the company released its trading performance update. Panoramic Resources (ASX:PAN) advises shareholders to reject Independence Group's bid.

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Novonix (ASX:NVX) secures Samsung SDI supply deal: Aus shares 0.1% higher at noon
Novonix (ASX:NVX) secures Samsung SDI supply deal: Aus shares 0.1% higher at noon

09 Dec 2019 - The Australian share market has risen at the open, tracking 0.1 per cent higher at noon. The Reject Shop (ASX:TRS) appoints new CEO.

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Robust US jobs data boosts Wall St: ASX poised to open higher
Robust US jobs data boosts Wall St: ASX poised to open higher

09 Dec 2019 - Following positive leads from US markets, the ASX looks set to start the week by opening higher. Robust US jobs data saw November gains surpass expectations despite global trade and economic uncertainty, boosting Wall Street last week. Lifestyle Communities (ASX:LIC) has appointed PricewaterhouseCoopers as the Company's Auditor.

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Construction sector jobs dwindled: ASX closed 0.4% higher
Construction sector jobs dwindled: ASX closed 0.4% higher

06 Dec 2019 - It has been a positive day of trade for the ASX closing 0.4% higher. Bega (ASX:BGA) also dropped today. Shares in Caresales.com (ASX:CAR) shot up today as did Beach Energy. The Scentre Group (ASX:SCG) today announced it has acquired a 50% interest in Garden City Booragoon, Perth for $570 million.

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Boral (ASX:BLD) shares down after discovery of financial irregularities: ASX tracking 0.3% higher at noon
Boral (ASX:BLD) shares down after discovery of financial irregularities: ASX tracking 0.3% higher at noon

06 Dec 2019 - The ASX has risen at the open following positive leads from Wall Street. It is now tracking 0.3% higher at noon. Boral (ASX:BLD) shares slipped today after reporting they had identified financial irregularities in their North American window's business. Medical Developments International (ASX:MVP) announced today that the Russian Ministry of Health has accepted their Marketing Authorisation Application (MAA) for review for Penthrox.

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OPEC consider oil production cuts: ASX poised to open higher
OPEC consider oil production cuts: ASX poised to open higher

06 Dec 2019 - Following soft leads from US markets, the ASX looks set to open higher this morning. Stocks rose in Asia and Europe as China and the US tried to reach an agreement on their 20-month-long trade war. OPEC to meet again today in Vienna to discuss oil supply policy. Northern Star Resources (ASX:NST) has completed the takeover of Echo Resources (ASX:EAR).

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Morgans & UBS upgrade Adairs (ASX:ADH): Aus shares close 1.2% higher
Morgans & UBS upgrade Adairs (ASX:ADH): Aus shares close 1.2% higher

05 Dec 2019 - The ASX200 made gains today and managed to unwind some of the losses we've seen over the last 2 days. All of the sectors managed to cap some gains today, with Energy and Consumer Staples leading the charge. Morgans and UBS have both upgraded Adairs (ASX:ADH).

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Megaport (ASX:MP1) to raise $62 million: Aus shares nearly 1% higher at noon
Megaport (ASX:MP1) to raise $62 million: Aus shares nearly 1% higher at noon

05 Dec 2019 - The Australian share market opened lower defying positive leads from US markets, but has edged higher over the first 2 hours of trade. It is now tracking nearly 1 per cent higher at noon, with all sectors in the green. Megaport (ASX:MP1) is conducting a $62 million raising. Citi has upgraded oOh! Media (ASX:OML). Retail Trade figures for October are largely unchanged. Australia's International Trade in Goods and Services for October capped a $6,341 million surplus.

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Dow jumps almost 150 points: Aus shares to open higher
Dow jumps almost 150 points: Aus shares to open higher

05 Dec 2019 - The Australian share market looks set to open higher. The Dow Jones jumped almost 150 points after promising trade talks. Ben Dollard to join Treasury Wine Estates (ASX:TWE) as President of the Americas.

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The Australian economy grew 0.4% in the September quarter: ASX closed 1.6% higher
The Australian economy grew 0.4% in the September quarter: ASX closed 1.6% higher

04 Dec 2019 - The ASX took a dip for the second day in a row closing 1.6% lower. Banks dragged on the markets and tech stocks also declined. oOh!Media (ASX:OML) shares saw an over 20% boost after confirming yesterday that they expect FY19 Underlying EBITDA to exceed its earlier forecast.

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Shares in oOh!Media (ASX:OML) shoot up on earnings upgrade: ASX tracking 1.5% lower at noon
Shares in oOh!Media (ASX:OML) shoot up on earnings upgrade: ASX tracking 1.5% lower at noon

04 Dec 2019 - The ASX dropped at the open following falls from Wall Street. It is now tracking 1.5% lower at noon. Shares in oOh!Media (ASX:OML) shot up after they upgraded their FY19 Earnings Guidance yesterday. The Australian economy grew 0.4% in the September quarter. The Village Roadshow (ASX:VRL) announces some board changes.

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Trump signals delay in China trade deal: ASX poised to open lower
Trump signals delay in China trade deal: ASX poised to open lower

04 Dec 2019 - Following negative leads from US markets, the ASX looks set to drop at the open. The Dow fell for a third day and the rest of the US markets were rattled when US President Donald Trump suggested he may want to delay a trade deal with China until after the 2020 presidential election. Earlier this week Trump tweeted that the US would impose tariffs on steel and aluminium from Brazil and Argentina. iCar Asia (ASX:ICQ) reached EBITBA breakeven in November, one month ahead of earlier guidance.

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RBA holds official cash rate at 0.75%: ASX closes 2.2% lower
RBA holds official cash rate at 0.75%: ASX closes 2.2% lower

03 Dec 2019 - It has been a disappointing day of trade for the ASX closing 2.2% lower. NRW Holdings (ASX:NWH) and Silver Lake Resources (ASX:SLR) all experienced small rises today. Avita Medical (ASX:AVH) and Wisetech Global (ASX:WTC) dropped over 6% today. Meanwhile, LiveTiles (ASX:LVT) has completed the acquisition of CYCL, a leading intelligent intranet software business in Europe.

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Two consecutive current account surpluses: ASX 1.7% lower at noon
Two consecutive current account surpluses: ASX 1.7% lower at noon

03 Dec 2019 - The ASX dropped at the open following soft leads from Wall Street and is now tracking 1.7 per cent lower at noon. Speedcast International (ASX:SDA) and shares in Western Areas (ASX:WSA) are on the up. Virgin Money UK (ASX:VUK) shares are falling after shooting up last week when they released strong results for FY19. The Uniti Group (ASX:UWL) is looking to raise $85 million for the acquisition of 1300 Holdings and its related entities for $78 million.

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Trump to impose tariffs: Aus shares to tumble
Trump to impose tariffs: Aus shares to tumble

03 Dec 2019 - The Australian share market looks set to tumble this morning. US President Donald Trump to put tariffs on steel and aluminum exports from Brazil and Argentina. Hannah Hamling will join the Mercury NZ (ASX:MCY) board from 1 February 2020.

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ASX falls short of new high: Aus shares close 0.2% higher
ASX falls short of new high: Aus shares close 0.2% higher

02 Dec 2019 - Perenti's Surface Mining Industry Sector Group (ASX:PER) secures $165 million worth of new and extended contracts.

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Housing prices surge: Aus shares 0.5% higher at noon
Housing prices surge: Aus shares 0.5% higher at noon

2 Dec 2019 - The Australian share market has risen sharply this morning as investors await a big week of local economic data. All of the sectors except energy are in the green. Buy now pay later company Sezzle (ASX:SZL) has secured a US$100 million debt facility to support future growth.

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A big week for local economic news: ASX poised to open higher
A big week for local economic news: ASX poised to open higher

02 Dec 2019 - Despite weak leads from US markets, the ASX looks set to open higher this morning just ahead of a large week of local economic data to be released. China insists US tariffs must be rolled back as part of any phase one trade deal with Washington. Moelis Australia (ASX:MOE) exchanged contracts on Friday to acquire The Beach Hotel, Byron Bay for $104 million.

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Mitchell Services (ASX:MSV) acquires Deepcore Holdings: Aus shares close 2% higher over week
Mitchell Services (ASX:MSV) acquires Deepcore Holdings: Aus shares close 2% higher over week

29 Nov 2019 - It's been a positive week of trade on the Australian share market despite today's downturn. Private sector credit grew slower than expected in October and a number of acquisitions completed today. Mitchell Services (ASX:MSV) has acquired Deepcore Holdings.

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Private sector credit grows 2.5% year to Oct: Aus shares 0.2% higher at noon
Private sector credit grows 2.5% year to Oct: Aus shares 0.2% higher at noon

29 Nov 2019 - The Australian share market opened slightly higher this morning and is currently 0.2% higher at noon. Citi rates plus sized fashion retailer, City Chic Collective (ASX:CCX) as a sell, with a 12-month price target of $2.30.

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America’s support of Hong Kong to threaten US-China trade deal? Aus shares to open higher
America’s support of Hong Kong to threaten US-China trade deal? Aus shares to open higher

29 Nov 2019 - European markets retreated as investors fear what the US's ratification of the Hong Kong Human Rights and Democracy Act could mean for the US-China trade deal. The ASX futures market is indicating a positive start for the Australian share market. Gold rose slightly overnight. Synlait Milk (ASX:SM1) is offering up to $150 million of 5 year unsecured subordinated fixed-rate bonds.

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Westpac (ASX:WBC) appoints new Financial Crime Committee: Aus shares close 0.2% higher
Westpac (ASX:WBC) appoints new Financial Crime Committee: Aus shares close 0.2% higher

28 Nov 2019 - The Australian share market closed higher, tracking 0.2 per cent up. Service Stream and Telstra led the way as the best performing stocks. Westpac (ASX:WBC) has a newly appointed Financial Crime Committee.

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