Finance News
22 Aug 2018 - Australian shares were set to open lower today despite the S&P 500 in New York hitting an all time high yesterday and equalled its longest ever bull-market run. Immutep (ASX:IMM) has received a cash rebate from the French Government.
21 Aug 2018 - Market Wrap. ASX200 back to where it was on Tuesday. Ansell (ASX:ANN) upgraded by Morgans and Ord Minnett. Healthscope earnings at top end of guidance, and to create $1b unlisted property trust. Super Retail Group charges up on profit jumping 30%.
21 Aug 2018 - Market at Midday. Energy, Staples and Minerals weigh. Super Retail Group gains 10% on profit lift of 30%. BHP slips on FY18 slight miss. Flexigroup results at upper end of guidance, shares charge 22%. Emeco swings back to positive results, Monadelphous Group NPAT jumps 20%.
21 Aug 2018 - Australian shares are set to open flat this morning as Wall St rose as investors held onto hopes for an ease in the US-China trade war. Tawana Resources (ASX:TAW) has moved a step forward in the proposed merger with Alliance Mineral Assets.
20 Aug 2018 - Market Wrap. Materials lead with gold stock mustering up. Ansell and Beach Energy slide on results. Woolworths profit up 13% and dividend per share up 23%. Greencross revenue up 7% but profit dips. Nickel Mines IPO closed at $0.28 and issued shares at $0.35.
20 Aug 2018 - The ASX market opened higher this morning but is being dragged by consumer staples - flat at noon. The iron ore price rose. Primary Health Care (ASX:PRY) today announced underlying NPAT of $92.3 million.
20 Aug 2018 - The ASX to open higher this morning after some speculation of the US-China trade war easing. The Turkish Lira continues to tumble. Spark Infrastructure (ASX:SKI) has appointed a new General Manager Strategy and Business Development.
17 Aug 2018 - Market Wrap. Reporting season boost. Ausdrill up 14% on cap raise and broker upgrade to a buy. Evolution Mining fell 4% on results, Goodman profit up 40%. Jumbo Interactive up 17% on profit jumping 115%.
17 Aug 2018 - ASX sets new 10 year high with Ausdrill breaking above its 50 day moving average price, rising 18%. Link Resources & Seven West Media up 7%. Jumbo Interactive up 13%, continues 9-day run on strong results. Hansen Technologies up 4% on NPAT lift. Watch for more.
17 Aug 2018 - Australian shares are set to open higher today as US stocks rebounded when China declared it would hold trade talks with the US later this month. Turkey's lira keeps climbing and Homeloans (ASX:HOM) subsidiary RESIMAC has settled a $1 billion RMBS transaction.
16 Aug 2018 - Market Wrap. Breville Group boils up 13% on a rise in its financial results, Telstra gains 6% on beating UBS forecasts for FY18, IPH up 5% on revenue lift in Asia, Nearmap up 8% on formal expansion in NZ.
16 Aug 2018 - Market at Midday. Low Aus wage growth continues. Unemployment rate fell to 5.3%. Invocare down 9.6%, Origin Energy down 6.7%, Mineral Resources down over 6% on reporting results. IPH up 3.4% on results, Charter Hall Retail REIT up 1.5% on results. Watch for more.
16 Aug 2018 - The ASX looks set to open lower this morning rocked by fears of a global trade war as tensions increase between the US and Turkey. Practice Insight, a subsidiary of IPH (ASX:IPH), has sold of two of its products to CPA Global.
15 Aug 2018 - It has been a positive day of trade for the ASX. Aveo (ASX:AGO) saw gains as did Afterpay (ASX:ATP) and Dominos Pizza (ASX:DMP). Mineral Resources (ASX:MIN) saw a 35 per cent hike in net profit after tax.
15 Aug 2018 - Aus shares recover early losses, slightly higher at noon. Seek (ASX:SEK) has reported its net profit after tax (NPAT) dropped about 84 per cent on FY17 to $53.2million for the 2018 financial year.
15 Aug 2018 - Aus shares to open lower despite solid rises on Wall Street. The Dow and the S&P 500 broke a 4 day losing streak. New Energy Solar (ASX:NEW) has announced the successful completion of its security purchase plan.
14 Aug 2018 - Market wrap. AGL reiterated as a hold. McMillan Shakespeare served with a class action but shares up 1.6%. Whitehaven Coal sees record profit, shares up 1.3%. Afterpay up 6.8%. Watch for full report.
14 Aug 2018 - Market at Midday. ASX rallies despite Turkish woes. Whitehaven Coal up 6.8%, Praemium up 7% on results. Propertylink Group profit up 61%, earnings beat expectations. SG Fleet Group profit up, Centuria Capital Group profit up 220%.
14 Aug 2018 - Aus shares to open flat. US shares fell on Monday with nearly every sector posting losses. Charter Hall Long Wale REIT (ASX:CLW) has announced the completion of the sale of its 50 per cent interest in the ATO building.
13 Aug 2018 - The ASX has seen a fall today mainly due to Turkey's impending financial crisis.The Australian dollar fell to an 18-month low against the US dollar. Meanwhile AuStar Gold (ASX:AUL) has successfully arranged more funds for development.
13 Aug 2018 - The Australian share market opened lower and continues to fall - it's now tracking at 0.5 per cent lower at noon. We are seeing the likes of Capilano Honey (ASX:CZZ) and private health insurance fund NIB (ASX:NIB) doing well today. And Santos (ASX:STO) has launched a fourth gas rig.
13 Aug 2018 - The Australian share market to open in positive territory despite negative leads from US markets. Metcash (ASX:MTS) has announced the market price for its Off-Market Buy-Back.
10 Aug 2018 - Market Wrap. ASX sets new 10-yr high on Thursday but Energy slips on oil slumping to 7-wk low. Star Combo (ASX:S66) to buy its customer for $10m. James Hardie (ASX:JHX) slips on US concerns, REA Group (ASX:REA) shines on results. Watch for more.
10 Aug 2018 - Market at Midday. ASX slipped from new 10-yr high. Personal finances & owner-occupied lending fall in June. Aventus Retail Property profit slips, but revenue climbs 30% on increasing NSW retail centers. James Hardie cautions on US housing activity but sees profit & revenue up in June Qtr.
10 Aug 2018 - Australian shares are set to rise at the open after closing yesterday on a new ten year high. On Wall St, FANG stocks were driving growth. Windlab (ASX:WND) to sell to Flow Power.
09 Aug 2018 - Market Wrap. New 10 year-high: AusCann ready to expand after SPP/institutional raise, making medical cannabis pharmaceuticals available in 2019. Crown Resorts up 6.7% and Suncorp up 4.8% on results, Magellan up 14%.
09 Aug 2018 - The ASX has built on from a loss at the open to rise 0.3 per cent at noon. The financial sector helped strengthen the market with Suncorp (ASX:SUN) and Magellan Financial Group (ASX:MFG) some of the best performers. WorleyParsons (ASX:WOR) has been awarded a new contract.
09 Aug 2018 - Australian shares to open flat. US stocks slowed on their four day advance as trade tensions rose once again, this time with sanctions imposed on Russia. Hometown America set to acquire all stapled securities in Gateway Lifestyle Group (ASX:GTY).
08 Aug 2018 - The Australian sharemarket has continued to lift today despite The Commonweatlh Bank profits being below market expectations. At the closing bell the S&P/ASX 200 index closed 15 points up or 0.2 per cent higher to finish at 6269. As for the sectors, materials were leading the way with utilities dragging behind. Fleetwood Corporation (ASX:FWD) buys the shares of Modular Building Systems for $34.15 million.
08 Aug 2018 - Market at Midday. ASX bounces back on earnings season boost. Tabcorp up 7% on profit jump, Eclipx up 10%. Metals bounce, iron ore continues rally. ALE Property Group distribution up, a2 Milk UK chief exec departing. Home loans fall, disappointing economists.
08 Aug 2018 - Aus shares to open flat despite strong leads from US mkts. The S&P 500 ended the session 0.5% off an all time high. REVA Medical (ASX:RVA) has announced $144 000 in revenue for the six months to June.
07 Aug 2018 - Market Wrap. Rates held as expected for 22nd time, held at 1.5% for 2 years. Eclipx tolls 40% lower. Beach Energy rises almost 5%. Iron ore back at March highs. Pilbara Minerals at Diggers and Dealers. Amcor acquiring Bemis Co in a US$6.8b all-stock combination.
07 Aug 2018 - Market at Midday. Eclipx falls 42% on profit guidance drop. LendLease Group upgraded to buy by GS. Cleanaway Waste Management $29m in tax refunds and tax expense to drop $18m. Yancoal's Austar mine to recommence. Watch for more.