ASX:MTS

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ASX:MTS

Unemployment falls to 5.1%: ASX tracking 0.7% lower at noon

23 Jan 2020 - The ASX fell at the open and is now tracking 0.7% lower at noon. CIMIC Group (ASX:CIM) shares dropped today after they announced they will exit the Middle East expect…

Macquarie downgrades Magellan (ASX:MFG): Aus shares 0.5% higher at noon

17 Jan 2020 - The Australian share market is tracking 0.5% higher at noon. Macquarie has downgraded Magellan Financial Group (ASX:MFG) from a neutral to an underperform, with a 12-…

Resolute Mining (ASX:RSG) to sell Ravenswood Mine, gold miners leading the ASX charge toward 7000: Aus shares 0.4 % higher at noon

15 Jan 2020 - Australian shares have pushed higher to a new record in early trade despite a mixed lead from the US overnight. Shares in gold and base metals explorer Kalamazoo (KZR…

Trade deal sees global markets rise: ASX poised to open higher

17 Dec 2019 - Following positive leads from US markets, the ASX looks set to open higher. The partial trade deal between the US and China saw global share markets rise overnight. T…

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…

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 …

Telcos leads the sectors: Aus shares close 0.3% higher

25 Nov 2019 - It has been a positive day of trade for the Australian share market closing 0.3 per cent higher. The Afterpay Touch Group (ASX:APT) shares closed the day on a high on…

Afterpay Touch Group (ASX:APT) shares rise on final audit for AUSTRAC: ASX tracking 0.6% higher at noon

25 Nov 2019 - The ASX rose at the open and is now tracking 0.6% higher at noon. The Afterpay Touch Group (ASX:APT) shares shot up on the back of its final audit provided to AUSTRAC…

AUD bounces back, but market inks 3rd day of losses: Aus shares close 0.3% lower

04 Sep 2019 - Market Wrap. Australian economy grows in line with expectations for quarter and year. Centuria Capital Group (ASX:CNI) hits and closes at another new all-time high, a…

Economy in line with expectations, services sector bounces back: 3rd day of red, 0.7% lower at noon

04 Sep 2019 - Aussie dollar bounces back on stronger than expected services sector and GDP in line with expectations, up 0.5% in Jun Qtr, 1.4% on year. All ASX sectors in the red, …

Metcash extends losses: ASX 0.2% higher at noon

25 Jun 2019 - The ASX opened lower following weak leads from Wall Street and is now tracking 0.2% higher at noon. The rebound saw rises in Saracen Mineral Holdings (ASX:SAR), and S…

Back into record territory on Ausdrill rally, rates cut in July: ASX 0.2% higher

24 Jun 2019 - Aussie shares back close 0.2% higher after spending most of the day in the red. Westpac (ASX:WBC) expects rates to be cut in July. Navitas’ (ASX:NVT) BGH takeover now…

Aveo Group and Metcash selling weigh on Monday: Aus shares 0.3% lower at noon

24 Jun 2019 - Aussie share market pairs back from fresh highs and remains in red for 2nd day. Metcash is tracking 9.5 per cent lower despite swinging to profit. Domino’s Pizza Ente…

Metcash back to black, $192.8m profit FY19 on supermarkets

24 Jun 2019 - Owner of IGA, Mitre 10 and Home Timber & Hardware, Metcash (ASX:MTS) has swung back into profit territory, reporting a $192.8 million profit for the year ending 30 A…

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…