Finance News


Click here to view video
Asia follows with declines: ASX closes 0.99% lower
Asia follows with declines: ASX closes 0.99% lower

15 Oct 2018 - Today we saw the ASX end the session almost 1% lower due to a dip before the close. A weaker housing market sees real estate advertising companies down. Asia saw declines of around 1% also. Meantime, Cimic Group's (ASX:CIM) Thiess, has secured a $1.2 b contract from BHP (ASX:BHP).

Click here to view video
Sell-off continues: Aus shares 1.6% lower at noon
Sell-off continues: Aus shares 1.6% lower at noon

15 Oct 2018 - Market at Midday. ASX slides 1.6% hitting new 6-month low with all sectors in red. Alumima (ASX:AWC) down 2.5% despite aluminum price bounce. Centuria Industrial REIT (ASX:CIP) inks deal to buy $42m property, taking its portfolio to $1.1b. APN Outdoor (ASX:APO) green lights $1.1b French takeover. IPO Security Matters (SMX) lists at 5% premium.

Click here to view video
Wall Street ends week on high: Aus shares to defy leads and open lower
Wall Street ends week on high: Aus shares to defy leads and open lower

15 Oct 2018 - Despite positive leads from US markets, the Australian share market looks set to open lower. Michael Hill (ASX:MHJ) has provided a trading update for the quarter to September 30 2018.

Click here to view video
Week ends on a mildly positive note: ASX closes 0.2% higher
Week ends on a mildly positive note: ASX closes 0.2% higher

12 Oct 2018 - The ASX ended the week slightly higher after heavy losses yesterday. Resolute mining (ASX:RSG) and Afterpay Touch (ASX:APT) are on the up. Media companies struggled though. Sandfire Resources NL (ASX:SFR) completes 30% interest in the Springfield Exploration and Mining JV held by Talisman Mining (ASX:TLM)

Click here to view video
Bouncing back from 6-month low: Aus shares 0.2% lower at noon
Bouncing back from 6-month low: Aus shares 0.2% lower at noon

12 Oct 2018 - Market at Midday. ASX clawing back from new 6-month low. Fortescue (ASX:FMG) upgraded & rallies 4.7% 'what's not to like about $500m buy-back & best YTD iron ore prices'. Citi issues BHP (ASX:BHP) alert 'softer 2H after solid June'. Centuria (ASX:CNI) flexes property muscle with new raising & increasing stake in Propertylink. IPO Tribeca Global Natural (ASX:TGF) trades flat.

Click here to view video
Turbulent trading in the US: ASX poised to open lower
Turbulent trading in the US: ASX poised to open lower

12 Oct 2018 - The ASX is poised to open lower this morning after a volatile day on Wall Street. The S&P 500 is at a three-month low after a six-day slide. Earlier, Asian and European equities plunged. Travel company Helloworld (ASX:HLO) sees EBITDA rise 18.2%.

Click here to view video
Global sell-off sees shares slump: ASX to close 2.7% lower
Global sell-off sees shares slump: ASX to close 2.7% lower

11 Oct 2018 - Aussie stocks were sold off following Wall Street seeing its worst drop in eight months and the Nasdaq losing 4 per cent. All three majors in the US fell more than 3 per cent. All sectors closed in the red with tech stocks losing the most. And Hometown is a step closer to taking over the over Gateway Lifestyle Group (ASX:GTY).

Click here to view video
Down on Chinese selling US stocks to 8-mth low: Aus shares 1.9% down at noon
Down on Chinese selling US stocks to 8-mth low: Aus shares 1.9% down at noon

11 Oct 2018 - ASX down 1.9% mid-session on US equity market sell-off. Gold stocks rally, St Barbara up 4%. Harvey Norman Holdings goes ex-div. Netwealth funds hit $19.3b. MMJ's partly owned company to create cannabis oil. Watch for more and click to see stock upgrades.

Click here to view video
US stocks take a tumble: ASX set to drop at the open
US stocks take a tumble: ASX set to drop at the open

11 Oct 2018 - Australian shares are set to drop at the open – we are seeing renewed concerns about the US and China trade war. On Wall Street all three major benchmarks plunged. Rising global yields continue to cause concern. The price of oil fell as a major hurricane heads for the Florida Panhandle. Capio acquisition for Ramsay Health Care (ASX:RHC).

Click here to view video
Back in the black: Aus shares close 0.14% higher
Back in the black: Aus shares close 0.14% higher

10 Oct 2018 - Market Wrap. Centuria Capital (ASX:CNI) upgrades distribution and earnings guidance on back of four property acquisitions. CBA (ASX:CBA) served class action for CFS Investment.

Click here to view video
M&A takeover talk boost sentiment: Aus shares flat at noon
M&A takeover talk boost sentiment: Aus shares flat at noon

10 Oct 2018 - Market at Midday. ASX tries to hang on. Navitas up 22% on $2b takeover offer. Flight Centre upgraded. Kirkland Lake Gold shares rise on record gold production. Greencross up 16% on confirming takeover talks. The AUD and iron ore price rally. Watch for more.

Click here to view video
IMF downgrade global forecast: ASX poised to open lower
IMF downgrade global forecast: ASX poised to open lower

10 Oct 2018 - The ASX is set open lower. Shares on Wall St failed to hold early gains despite tech stocks rebounding. The IMF downgraded its forecast for global growth for this year to 3.7 per cent from 3.9 per cent. The Star Entertainment Group (ASX:SGR) see EPS performance above target.

Click here to view video
Big four banks down: ASX closes 0.97% lower
Big four banks down: ASX closes 0.97% lower

09 Oct 2018 - The ASX has dropped for the second day with concerns over US interest rate rises. Trading volumes were high today. Biotechnology company CSL (ASX:CSL) dragged on the market, and Wisetech global (ASX:WTC) performed poorly. Hancock's subsidiary Redstone secures 90% of Atlas Iron (ASX:AGO).

Click here to view video
Two-day nose dive on US rate concerns: Aus shares 1% lower at noon
Two-day nose dive on US rate concerns: Aus shares 1% lower at noon

09 Oct 2018 - Market at Midday. US interest rate concerns flow through global market. MYOB continues rally, hitting $3.60. NEXTDC rallies again after making Asia Pacific Data Centre takeover offer. Oil Search says Alaskan assets are increasingly positive.

Click here to view video
Wall Street mixed: Aus shares to open lower
Wall Street mixed: Aus shares to open lower

09 Oct 2018 - Aus shares to open lower following weak leads from Wall St. Gains were capped with investors concerned over rising interest rates. Hometown has decided to extend the offer period under its off-market takeover offer for Gateway Lifestyle Group (ASX:GTY).

Click here to view video
Biggest drop since March: Aus shares close 1.4% lower
Biggest drop since March: Aus shares close 1.4% lower

08 Oct 2018 - Market Wrap. ASX loses 4 months of gains, biggest drop in 6 months. Beach Energy sees selling on reduced guidance. MYOB shares hit yearly high. Wesfarmers' Coles demerger 'negative'. A2 Milk upgraded on positivity about inventory.

Click here to view video
ASX nearing 4-month lows: Aus shares 1% lower at noon
ASX nearing 4-month lows: Aus shares 1% lower at noon

08 Oct 2018 - Market at Midday. ASX nears 4-month lows. Wesfarmers (ASX:WES) slides on negative outlook. A2 Milk (ASX:A2M) rallies on upgrade. KKR makes $2.2b takeover offer for MYOB (ASX:MYO) sending its shares 19% higher. Orocobre's (ASX:ORE) lead independent director retires.

Click here to view video
Wall Street lower after jobs data: Aus shares to drop at open
Wall Street lower after jobs data: Aus shares to drop at open

08 Oct 2018 - Aus shares to open lower following negative leads from Wall Street. US jobs report weighed on stocks and boosted treasury yields. Wesfarmers (ASX:WES) has provided details on the Coles Supermarket demerger.

Click here to view video
Discretionary & financials weigh: Aus shares close 0.4% lower on week
Discretionary & financials weigh: Aus shares close 0.4% lower on week

05 Oct 2018 - Market Wrap. 3-day rally not enough, to shake our losses. Consumer Discretionary and Financials weigh on the ASX this week. Energy and Materials up the most. Austal wins US$16.4m contract. Dexus to buy 29% in Heathley for $11.3m. Magnis Resources accelerates work on Gigafactory.

Click here to view video
Third day of gains: Aus shares 0.3% higher at noon
Third day of gains: Aus shares 0.3% higher at noon

05 Oct 2018 - Market at Midday. Retail sales rise, beating consensus. Construction industry contracts for the first time in 20 months. St Barbara up 5.9% on gold rally. Beach Energy down 3.4% on downgrading FY19 guidance following proposed Victorian Otway $344m sale. New Century Resources up 4.4% on shipment news.

Click here to view video
Global bond yields rise: ASX poised to open lower
Global bond yields rise: ASX poised to open lower

05 Oct 2018 - The ASX is set to drop at the open. The S&P 500 dropped to a three-week low and the Nasdaq tumbled. Global bond yields continued to rise. Pacific Current Group (ASX:PAC) has completed the sale of its interests in Aperio Group.

Click here to view video
Aluminium price lifts AWC to 10-year high: Aus shares close 0.5% higher
Aluminium price lifts AWC to 10-year high: Aus shares close 0.5% higher

04 Oct 2018 - Market Wrap. Aluminum rises to 3-months high, US crude at 4-year high. Alumina (ASX:AWC) up 11%. Australia's balance of trade beats expectations. Bank of Queensland (ASX:BOQ) gains 2.2% despite missing estimates & being downgraded. Magellan Financial (ASX:MFG) up 7.8% on reshuffle and FUM rise.

Click here to view video
Oiling up: Aus shares 0.7% higher at noon
Oiling up: Aus shares 0.7% higher at noon

04 Oct 2018 - Market at Midday. Australia's balance of trade rises 4% to $1.6 billion, beating expectations. Lendlease in midst of multi-million buy-back and upgraded to a buy by Citi. Pact Group Holdings and Bank of Queensland downgraded. Magellan sees $86 million growth in funds and reshuffles head seats.

Click here to view video
US economy on the up: ASX set to open higher
US economy on the up: ASX set to open higher

04 Oct 2018 - ASX set to open higher. In the US, trading volume jumped amid evidence the American economy keeps growing as a selloff in Treasuries deepened and US stocks edged higher. Downer EDI (ASX:DOW) announced that it had been awarded a three-year contract by BHP Billiton Iron Ore.

Click here to view video
Gold miners glitter, ASX 1% lower this week: Aus shares up 0.32% Wed
Gold miners glitter, ASX 1% lower this week: Aus shares up 0.32% Wed

03 Oct 2018 - Market Wrap. Gold stocks rally on precious metal at 5-day highs, Saracen Mineral Holdings hits 3-month high, St Barbara hits 7-day high. Northern Star Resources presents at Precious Metals Symposium, shares at 8-day high. Australian Dwelling numbers & service sector stats miss mark.

Click here to view video
Clawing back, mixed eco news: Aus shares 0.4% higher at noon
Clawing back, mixed eco news: Aus shares 0.4% higher at noon

03 Oct 2018 - Market at Midday. Gold lifts above US$1,200 seeing gold miners rally. Dwelling approvals tumble 9.4%, vs 1% rise expected. Services sector lifts for 19th month. Ardent Leisure Group advises restructure proposal and Carnegie Clean Energy meets with WA Govt. Watch for more.

Click here to view video
US stocks edge lower: ASX poised to open higher
US stocks edge lower: ASX poised to open higher

03 Oct 2018 - The ASX is set to edge higher at the open. Shares on Wall St ended mixed with the Dow closing at a record high, the S&P 500 flat and the Nasdaq down. Afterpay Touch Group (ASX:APT) has entered into a Business Sale Deed with Nelumbo.

Click here to view video
Qantas sold down, AMP 15-yr low, rates held: ASX closes 0.8% lower
Qantas sold down, AMP 15-yr low, rates held: ASX closes 0.8% lower

02 Oct 2018 - Market Wrap. Most sectors give up gains. Rates held for a record 25 times. AMP at 15-year lows. Qantas sold down by Helloworld. Pilbara Minerals ships first ever shipment from WA for Asia. IPO Euro Manganese up 23%. Watch for more.

Click here to view video
Rates to hold for 25th time: ASX slips 0.5% at noon, back to June levels
Rates to hold for 25th time: ASX slips 0.5% at noon, back to June levels

02 Oct 2018 - Market at Midday. ASX200 wipes out 3 months of gains and takes the market back to June levels. Rates to hold for 25th time. Most sectors lower. Mesoblast down 9.4% despite being selected to present at American Heart Association. iSignthis up 6.9% on deal. Euro Manganese IPO up 23%. AusCann releases doctor education courses for cannabis medicine.

Click here to view video
Canada to join trade deal, Wall Street mostly higher: Aus shares to open higher
Canada to join trade deal, Wall Street mostly higher: Aus shares to open higher

02 Oct 2018 - Aus shares set for positive start following mixed leads from Wall Street. Investors cheered the news of Canada joining a trade deal with the US and Mexico. Hancock Prospecting has increased its bid for Atlas Iron (ASX:AGO) to 4.6 cents per share.

Click here to view video
Healthcare sector stays in the green: ASX closes 0.6% lower
Healthcare sector stays in the green: ASX closes 0.6% lower

01 Oct 2018 - It's been a quiet day on the markets with the ASX closing lower. New Zealand software company Xero did well today, Nufarm shares were down. The Canadian dollar and Mexican peso are soaring against the American dollar on news the countries signed a new free trade deal with the United States. And the executive director of Superloop (ASX:SLC) steps down.

Click here to view video
Volumes down due to Labour Day: ASX 0.6% lower at noon
Volumes down due to Labour Day: ASX 0.6% lower at noon

01 Oct 2018 - The ASX dropped at the open and is now 0.6 per cent lower at noon. Thousands of traders are away from their desks due to Labour Day for some states, keeping volumes low. Contact Energy (ASX:CEN) has sold Ahuroa Gas Storage facility to Gas Services New Zealand, an associate of First Gas Limited.

Click here to view video
Wall Street posts flat finish: Aus shares to open lower
Wall Street posts flat finish: Aus shares to open lower

01 Oct 2018 - Aus shares look set to open lower this morning after US stocks ended virtually unchanged on Friday. Westpac (ASX:WBC) CEO Brian Hartzer has apologised to customers affected by mistakes made by the bank.

Click here to view video
Energy up most in Sep: Aus shares close 0.4% higher, 3 week high
Energy up most in Sep: Aus shares close 0.4% higher, 3 week high

28 Sep 2018 - Market Wrap. 3-wk high. Financials up most today 1.2% despite 'shame for Australia's banks.' Sep Wrap, Energy up the most 3.6%, Telcos up 2.1%, Healthcare down 7.5%. Blue Sky Alternative (ASX:BLA) gets lifeline, $50m loan with Oaktree.

Home

Search

Login

Report a bug