ASX:SM1

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ASX:SM1

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…

Rally continues with all sectors in the black: ASX tracking 1.3% higher at noon

11 Nov 2020 - The ASX has continued its rally throughout the morning and is now tracking 1.3% higher at noon. Shares in Virgin Money UK (ASX:VUK) and accounting software company Xe…

Biden inches closer to victory: Aus shares to open higher

06 Nov 2020 - Australian futures are indicating a rise at the open following strong results in US markets. Democratic candidate, Joe Biden continues to edge closer to victory in th…

A narrow victory for Biden looks likely: ASX is tracking 1% higher at noon

05 Nov 2020 - The ASX rose at the open and is now tracking 1% higher at noon. Shares in Ingham’s (ASX:ING) increased today after they reported poultry demand has strengthened. Bide…

Global coronavirus cases surge rattling markets: ASX poised to open lower

27 Oct 2020 - The ASX looks set to fall this morning as global coronavirus cases surge. Oil producers are set to stop offshore production in the US Gulf of Mexico as the 27th named…

China's recovery slower than expected: Aus shares close 0.9% higher

19 Oct 2020 - The Australian share market opened flat, rose in early trade and tracked sideways for most of the day to end 0.9 per cent higher. All of the sectors, except REITs mad…

Synlait (ASX:SM1) net profit down 9%

28 Sep 2020 - Synlait Milk (ASX:SM1) says its annual net profit is down 9 per cent to $75.2m, as it warned of significant global uncertainty ahead.

Wall Street grows optimistic on an economy restart: ASX poised to open higher

28 May 2020 - Following a lift from US markets overnight, the ASX looks set to open higher this morning. On Wall Street, optimism grew as more and more companies start to reopen. T…

Market enters April on a high: ASX closes 3.6% higher

01 Apr 2020 - The ASX has closed at a two week high closing 3.6% higher. Shares in Mayne Pharma (ASX:MYX) soared and SkyCity Entertainment (ASX:AKC) shares rose as did AP Eagers (A…

Tech shares up, boosted by remote workers: ASX poised to open higher

20 Mar 2020 - The ASX looks set to open higher this morning as tech stocks rallied. Alphabet, Microsoft, and Facebook all slumped on Wednesday but with many in lockdown across the …

All the sectors in the red: ASX closes 3.6% lower

11 Mar 2020 - The ASX fell after early morning trade and continued a downward spiral to close 3.6% lower. Shipping company Austal (ASX:ASB) did well today as did the Steadfast Grou…

Synlait Milk (ASX:SM1) to acquire neighbouring Dunsandel farmland

11 Mar 2020 - Synlait Milk (ASX:SM1) is to acquire farmland adjacent to its Dunsandel facility in New Zealand for $25.7 million.

Synlait (ASX:SM1) appoints a new CFO

10 Mar 2020 - New Zealand based dairy infant formula company Synlait (ASX:SM1) has appointed Angela Dixon as Chief Financial Officer.

Monadelphous Group (ASX:MND) top performer after results release: ASX shares tracking 0.2% lower

18 Feb 2020 - The ASX dropped at the open and is now tracking 0.2% lower at noon. Shares in Seven West Group also rose. Shares in the Monadelphous Group (ASX:MND) rose today after …

Synlait Milk (ASX:SM1) will not achieve rate of growth expected

13 Feb 2020 - Synlait Milk (ASX:SM1) expects its full year 2020 earnings guidance to be between $70 million and $85 million net profit after tax (NPAT).

Synlait Milk (ASX:SM1) increases forecast milk price

28 Jan 2020 - Synlait Milk (ASX:SM1) has updated its forecast base milk price for the 2019 / 2020 season to $7.25 kgMS from $7.00 kgMS.

America’s support of Hong Kong to threaten US-China trade deal? Aus shares to open higher

29 Nov 2019 - European markets retreated as investors fear what the US’s ratification of the Hong Kong Human Rights and Democracy Act could mean for the US-China trade deal. The AS…

Stocks in Europe and Asia slide: ASX poised open higher

22 Nov 2019 - Despite weak leads from US markets, the ASX looks set to open on a positive note this morning. Wall St took a slide following losses in Europe and Asia. The S&P 500 I…

Wall St closes little changed: Aus shares to open flat

19 Nov 2019 - The local sharemarket is poised to open flat following a quiet session on Wall Street on Monday. In the US stocks reached fresh records but pared back to close the se…

Speedcast (ASX:SDA) aids the Information Technology sector: ASX set to close 0.1% higher

29 Oct 2019 - It has been a mostly positive day of trade for the ASX after a small dip around lunchtime the the local bourse managed to close 0.1% higher. Coles Group (ASX:COL) ros…

Cleanaway Waste Management (ASX:CWY) shares dropped on quarter results: ASX closed 0.7% higher

25 Oct 2019 - It has been a positive day of trade for the ASX. After opening in the black the local bourse managed to gain maintain to close 0.7% higher. Cleanaway Waste Management…

Synlait (ASX:SM1) set to purchase Dairyworks

25 Oct 2019 - Dairy processing company, Synlait (ASX:SM1) is set to purchase Dairyworks for $112 million, subject to Overseas Investment Office approval.

Synlait (ASX:SM1) CFO to step down next year

08 Oct 2019 - Synlait (ASX:SM1) has today announced that CFO Nigel Greenwood will step down next year. Nigel has been Synlait’s CFO since April 2010.

Synlait sees profit rise 10%, below expecation

12 Sep 2019 - Synlait (ASX:SM1) today announced its financial result for the 12 months ended 31 July 2019 net profit increased 10 per cent to $82.2 million.

Out of steam ahead of Fed move and US tech earnings: Aus shares lose 0.1% Monday

22 Jul 2019 - Mining sector continues to trade near fresh multi year highs, Energy sector continues to rally, but Australian shares slip on Monday. EML Payments (ASX:EML) snaps up …