ASX:MTS

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ASX:MTS

RBA cuts cash rate by 25 basis points: Aus shares close 0.2% higher

4 June 2019 - The ASX200 managed to unwind some of the losses we have seen over the past week to close 0.2% higher. The Financial sector rallied following news that the RBA has sla…

Metcash new supply agreements with Drakes

03 Jun 2019 - Metcash (ASX:MTS) has today announced that it has entered into an agreement with Drakes Supermarkets to supply its stores in Queensland for a further five years follo…

Australia’s debt levels fall more than expected, RBA to hold rates: Aus shares 0.5% lower at noon

05 Mar 2019 - ASX remains underwater following Wall Streets retreat. Australia's current account deficit falls more than expected as exports rise while service sector falls for 2nd…

What to watch for in markets, and consumer sectors

30 Jan 2019 - Fund Manager Chris Pedersen discusses short-term things to watch for in markets, the Australian 10-year bond yield, consumer sectors and the telco sector.

A strong night for global markets: ASX set to open higher

13 Dec 2018 - The ASX is set to open higher this morning. Shares on Wall Street jumped in morning trading, led by tech stocks. European stocks rallied as the British prime Minister…

Metcash underlying profit up 1.2 per cent in face of challenging market conditions

03 Dec 2018 - Metcash (ASX:MTS) has announced its underlying profit after tax rose 1.2 per cent to $100 million for the half year ended 31 October.

Metcash to open new distribution centre in South Australia

19 Nov 2018 - Metcash (ASX:MTS) has inked a long term lease agreement with Charter Hall to build and lease a distribution centre at Gepps Cross in South Australia.

Market closes as flat as a pancake: Aus shares 0.1% higher

09 Nov 2018 - Local bourse ended the session 0.1 per cent down, Energy leading the drag, followed by the Tech and Consumer Discretionary sectors. Shares in property major, Lendleas…

Metcash to sell China export business to ECG

09 Nov 2018 - Wholesaler, Metcash (ASX:MTS) has announced that eCommerce company ECG (ASX:ECG) is to purchase it’s China export business.

Market drivers, supermarket sector and a value stock

17 Oct 2018 - Fund Manager, Chris Pedersen talks what's fueling markets, also diving into the supermarket sector and looks at a value stock.

Lynas shares plunge on Malaysian review threat: The ASX closed 0.1 per cent lower

24 Sep 2018 - The ASX has closed slightly lower today with Lynas Corp (ASX:LYC) and Sims metals (ASX:SGM) seeing a drop. The Healthcare index was the worst performer. Real estate w…

Energy sector on the rise: ASX 0.1 per cent lower at noon

24 Sep 2018 - The ASX opened lower and continues to struggle. CSL (ASX:CSL) has dragged the market. Energy was up - BHP (ASX:BHP) climbing higher. Tatts Group (ASX:TTS), subsidiary…

Energy sector sees a slump: ASX closed 0.4 per cent lower

18 Sep 2018 - The ASX closed lower today with the energy sector dragging it down. Earlier President Trump announced the new tariffs on US$200 billion worth of Chinese goods. The ne…

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…

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 …

Wall Street ends week in the red: Aus shares to defy leads and open higher

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 …

Wall Street rallies: Aus shares to open higher

10 Jul 2018 - US stocks had a solid session on Monday as bank shares rose, while concerns over a trade war between the US and China were shrugged off for the moment. Back home our …

News impacting markets and insights on Origin Energy

09 Jul 2018 - Fund Manager, Chris Pedersen gives insights on Global and Australian markets and covers Origin Energy, Consumer Staples sectors and looks at Telstra and ASX stocks.

World awaits China trade tariffs: Aus shares close 0.43% lower

04 Jul 2018 - Market Wrap. ASX slides as world awaits $34 billion tariffs on Chinese goods coming into effect on Friday. Platinum (ASX:PTM) led financials lower today, it lost 8.9%…

Trade surplus disappoints: Aus shares 0.4% lower at noon

04 Jul 2018 - Market at Midday. Most sectors trade lower on Wall Street ending its Tuesday session in the red and a disappointing Australian trade surplus figure. Watch for details…

News impacting local market and what to watch for

04 Jul 2018 - Fund Manager, Chris Pedersen gives insights on Australian markets and covers Mining and Consumer Staples sectors.

Turbulent day on the market: Aus shares close flat

27 Jun 2018 - The Australian sharemarket has closed flat today despite being very up and down throughout the day. The S&P/ASX 200 index closed 1.7 points lower - its fourth loss in…

Oil and miners gains, CBA down: Aus shares close 0.24% lower

25 Jun 2018 - Market Wrap. Financials weigh, oil and miners gain. CBA (ASX:CBA) falls 2.3%, Credit Corp (ASX:CCP) gains 7%. Medical Developments International (ASX:MVP) drug to be …

Metcash announces $150m statutory loss

25 Jun 2018 - Wholesaler, Metcash (ASX:MTS) has announced a statutory loss after tax of $150 million for the 2018 full year.

LNG exports help GDP: Aus shares close higher

06 Jun 2018 - It’s been a positive day of trade for the Australian share market. The market opened stronger then struggled to maintain momentum as it waited for the country’s GDP f…