Finance News Network

Market Reports

Telcos on the up: ASX 0.9 per cent lower at noon

06 Sep 2018 - The ASX opened lower following mixed leads from Wall St and is now tracking 0.9 per cent lower at noon. Local tech stocks followed the lead of the US where they saw a…

US tech stocks take a tumble: ASX poised to open lower

06 Sep 2018 - The ASX is set to open lower. Twitter, Facebook and Alphabet helped send the Nasdaq down over 1%. Bega Cheese (ASX:BGA) has released a notice of change of interest of…

AUD 2.5 yr lows, ASX back at July levels: Aus shares lose 1%

05 Sep 2018 - Market wrap. Better than expected GDP figures fail to lift ASX. Miners drag after new Argentinian export tax hits home. Orocobre to lose 8% of Argentine revenue on ex…

Miners, banks, telcos losing ground: Aus shares 0.7% lower at noon

05 Sep 2018 - The ASX is tracking 0.7 per cent lower at noon. Miners, banks and telco stocks are all losing ground. Opthea (ASX:OPT) has received a positive interim review from th…

Wall Street off to sluggish start: Aus shares to open lower, investors await GDP data

05 Sep 2018 - Aus shares to open lower. US markets off to a sluggish start, trade tensions weighed on stocks. Investa Office Fund has received a takeover proposal from Canada's Oxf…

Westpac fined for home loan conduct: ASX to close 0.3 per cent lower

04 Sep 2018 - The ASX closed lower today with the Energy sector the worst performer. Big banks saw a fall. Westpac (ASX:WBC) is potentially facing a $35 million penalty for contrav…

Energy and Financials drag on ASX: Aus shares 0.3% lower at noon

04 Sep 2018 - The Australian share market dropped 13.5 points at the open and is now tracking 0.3 per cent lower at noon. Ausdrill (ASX:ASL) shares are up almost 9 per cent.

Wall Street closed: Aus shares set to open flat ahead of RBA policy decision

04 Sep 2018 - Australian shares look set to open flat ahead of the latest RBA policy meeting. Mirvac (ASX:MGR) has snapped up an office building in Melbourne for $122m.

Mundane Monday: Aus shares close 0.1% lower

03 Sep 2018 - Mirvac Group (ASX:MGR) has snapped up a future office development asset in Melbourne’s CBD for $122 million. Mirvac says 383 La Trobe Street provides a secure income …

Northern Star shoots for the stars: Aus shares 0.1% higher at noon

03 Sep 2018 - Market at Midday. ASX recovers from early fall with Northern Star (ASX:NST) gaining 15% on rising gold production guidance. Freedom Foods upgraded and trades near 1-y…

Big week for economic data: ASX set to open higher

03 Sep 2018 - Australian shares are set to open higher this morning. US stocks were mixed on Friday ahead of Labor Day in the US. And Paladin Energy (ASX:PDN) have extinguished the…

ASX gains 1.1% this week: Aus shares slip 0.51% Friday

31 Aug 2018 - Market Wrap. Top 200 stocks up 1.1% this week, hitting 10 yr-high yesterday. Watch for the latest upgrades/downgrades. Regis Healthcare down 1.4% on profit fall, Afte…

Slipped from fresh high: Aus shares 0.1% lower at noon

31 Aug 2018 - Market at Midday. Slips from 10-year high on Telco profit-taking from yesterday's stellar gains. Domino's Pizza Enterprises downgraded, Sandfire upgraded. Afterpay To…

Wall St closes lower: ASX set to open higher

31 Aug 2018 - The ASX is set to open higher despite shares on Wall St closing lower - pulling back after several days of highs with renewed fears about the US/China trade rift. Fre…

10-year high: Aus shares close flat

30 Aug 2018 - Market Wrap. New 10-year high. TPG Telecom and Vodafone Hutchison to create new $15b telco major. Disappointing economic news and ASX company results cap gains. Speed…

New 10-year high: Aus shares 0.2% higher at noon

30 Aug 2018 - Market at Midday. ASX 5th day of straight gains and NEW 10-year high after new Telco giant is to be created. TPG (ASX:TPM) and Vodafone Hutchison (ASX:HTA) to create …

Strong tech rally in the US: ASX set to open higher

30 Aug 2018 - Following positive leads from US markets, the ASX looks set to open higher this morning. US stocks continue to hit new records after a strong rally in tech. And slot …

Westpac raise variable mortgage rates: ASX close 0.8 per cent higher

29 Aug 2018 - It has been a positive day of trade for the ASX with a strong rise this afternoon as Westpac (ASX:WBC) raised its variable home loan rates. Sirtex Medical (ASX:SRX) r…

Building and banks lift: ASX up 0.3% at noon

29 Aug 2018 - The ASX opened flat but is now tracking 18 points higher or 0.3 per cent higher at noon. Building materials giant Boral (ASX:BLD) rose after expanding into the US and…

Wall Street posts gains: Aus shares to defy leads and open lower

29 Aug 2018 - Sharemarkets lifted to new record highs for a third consecutive session on trade expectations yesterday. Prime Media Group has announced losses have increased to $12.…

SpeedCast continues to slide: ASX closes 0.6% higher

28 Aug 2018 - It’s been a positive day of trade for the ASX. BHP (ASX:BHP), CSL (ASX:CSL), and Qantas (ASX:QAN) all added. SpeedCast (ASX:SDA) has seen a slide bringing the telecos…

Back at 10-year highs: Aus shares 0.6% higher at noon

28 Aug 2018 - Market at Midday. ASX bounces back to 10-year highs with most sectors lifting. Blackmores shares at 6-month high on results, Adairs upgraded by 3 brokers on results. …

US, Mexico reach NAFTA deal Wall Street surges: Aus shares to open higher

28 Aug 2018 - Australian shares to open higher after stocks on Wall Street surged overnight. Mirvac Group (ASX:MGR) has received an A- stable rating from Fitch.

Clawing back on upgrades: Aus shares close 0.35% higher

27 Aug 2018 - Market Wrap. ASX claws back up after falling twice, with most sectors gaining and broker upgrades pulling the market up. Afterpay and Platinum Asset Management up 7% …

Afterpay and Platinum rally: Aus shares clawing back at noon

27 Aug 2018 - Market at Midday. Afterpay sets records with further upgrades. Platinum also rallies after upgrade. Infigen Energy gains 4.8% on NPAT jumping 42%. Metcash firms hold …

Prior Page Next Page