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Iron ore price pushes up Fortescue Metals Group (ASX:FMG): ASX tracking 0.3% higher at noon

03 Dec 2020 - The ASX rose at the open and is now tracking 0.3% higher at noon. Shares in Fortescue Metals Group (ASX:FMG) are on the rise today after a boost in the price of iron …

The Shaver Shop Group (ASX:SSG) buys six remaining franchise stores

03 Dec 2020 - The Shaver Shop Group (ASX:SSG) has entered a definitive agreement to acquire the six remaining franchise stores in NSW for $13 million plus stock on hand.

Iron ore price rises over 3%: ASX poised to open higher

03 Dec 2020 - The ASX looks set to open slightly higher this morning despite Wall Street closing relatively flat. The Pfizer-BioNTech coronavirus vaccine is set to be rolled out in…

RBA Monetary Statement, WOW, APX, S32

02 Dec 2020 - Fund Manager Chris Pedersen looks at the RBA Monetary Statement, Woolworths Group (ASX:WOW), Appen (ASX:APX) and South32 (ASX:S32).

RBA keeps rates on hold: ASX closes 1.1% higher

01 Dec 2020 - The local sharemarket finished the first trading day of the new month with a solid gain after balance of payments data indicated an increase in economic growth. The S…

Sky Network Television (ASX:SKT) Chief Executive resigns

01 Dec 2020 - Sky Network Television (ASX:SKT) CEO Martin Stewart is leaving the company to return home to Europe.

Adelaide casino restrictions ease, SkyCity (ASX:SKC) casino capacity increases

01 Dec 2020 - Skycity Entertainment Group’s (ASX:SKC) Adelaide casino is no longer subject to a capacity limit of 100 people per venue as the South Australian government continues …

Dow notches best month since 1987: Local shares to open lower following profit taking in the US

01 Dec 2020 - Local shares are set to edge lower this morning. In the US Wall Street fell amid profit-taking but the but the major averages posted sharp monthly gains. Travelers an…

Business indicators fall short of expectations: ASX tracking 0.6% lower at noon

30 Nov 2020 - The ASX is tracking 0.6% lower at noon. Shares in Treasury Wine Estates (ASX:TWE) dropped today on news of Chinese tariffs on Australian wine imports. Meanwhile, shar…

Spark (ASX:SKI) reports that TransGrid has secured $125m debt funding

30 Nov 2020 - Spark Infrastructure (ASX:SKI) confirms that TransGrid Services, has reached agreement with the Clean Energy Finance Corporation for a $125 million corporate debt fac…

AUD advances against the USD: ASX poised to open higher

30 Nov 2020 - The ASX looks set to open higher this morning as shares on Wall Street ended their week up. The Aussie dollar advanced and now sits just under 0.74 US dollars. Dr. An…

Spark New Zealand (ASX:SPK) subsidiary extends credit facility

27 Nov 2020 - A subsidiary of Spark New Zealand (ASX:SPK), has extended the term of its revolving credit facility with Westpac New Zealand.

Financial sector weighs on the market: ASX closed 0.7% lower

26 Nov 2020 - The ASX opened lower this morning and failure to gain momentum closing 0.7% lower. Technology One Limited (ASX:TNE) was the best performing stock. Meanwhile, shares i…

Huon Aquaculture (ASX:HUO) lose thousands of fish after pen fire: ASX tracking 1.2% higher at noon

24 Nov 2020 - The ASX has remained steady throughout the morning and is now tracking 1.2% higher at noon. Contractor NRW Holdings (ASX:NWH) shares are up after looking to buy the P…

Southern Cross Electrical Engineering (ASX:SXE) awarded work by Rio Tinto in Pilbara

23 Nov 2020 - Southern Cross Electrical Engineering Limited (ASX:SXE) has been awarded a contract valued at over $65 million by Rio Tinto.

South Australia's tough Covid restrictions ease: ASX set to open higher

23 Nov 2020 - The ASX looks set to open higher this morning as South Australia’s harsh lockdown restrictions ease. The World Trade Organisation reported on Friday that global trade…

Moody's slashes Crown's credit rating: Aus shares gain 2.1% over week

20 Nov 2020 - The ASX200 ended the day 0.1 per cent lower due to a late session slump. The Healthcare sector led the day driven by a strong performance from Mesoblast (ASX:MSB). At…

Australian economy contracts for the 1st time in 28 years: Aus shares flat at noon

20 Nov 2020 - The Australian share market opened higher, took a brief dip into negative territory then rose on better than expected economic data. The data was dour but managed to …

Over 1M new Covid cases in US over week: Aus shares to open higher

20 Nov 2020 - The Australian futures market is pointing to a rise at the open of trade, following a late session rally on Wall Street. US markets managed to edge higher despite an …

Market claws back on bank rally: ASX closes 0.3% higher

19 Nov 2020 - After a shaky start the ASX closed 0.3% higher today. Shares in ALS (ASX:ALQ) did well after reporting strong second quarter performance. Shares in Elders (ASX:ELD) d…

Unemployment rate increased to 7% in October: ASX now tracking 0.3% lower at noon

19Nov 2020 - The ASX now tracking 0.3% lower at noon. Shares in Bluescope Steel (ASX:BSL) and Virgin Money (ASX:VUK) both did well today. United Malt Group (ASX:UMG) shares are dow…

Shopping Centres Australasia Property Group (ASX:SCP) buy a NSW shopping centre

19 Nov 2020 - Shopping Centres Australasia Property Group (ASX:SCP) has agreed to buy Auburn Central Shopping Centre in New South Wales for $129.5 million.

Summerset (ASX:SNZ) gets the go-ahead for new $150m retirement village

19 Nov 2020 - Summerset (ASX:SNZ) has been given the green light for its $150 million retirement village in Boulcott, Lower Hutt, New Zealand after resource consent was granted by …

Trading to resume tomorrow at 10am: ASX closed 1.2% higher

16 Nov 2020 - It has been an odd day of trade for the ASX with a disruption to trading caused by an outage of the ASX trade system. Despite this the market closed 1.2 per cent high…

SkyCity (ASX:SKC) report Michael Ahearne has been appointed Chief Executive Officer

16 Nov 2020 - SkyCity (ASX:SKC) has appointed Michael Ahearne as Chief Executive Officer from his role as Chief Operating Officer after chief executive Graeme Stephens announced he…