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Coles (ASX:COL) shares fall as revenue increases: ASX closed 0.5% lower

17 Feb 2021 - At the closing bell the S&P/ASX 200 index closed 32 points down, or 0.5% lower to finish at 6,885. Shares in Evolution Mining (ASX:EVN) are down today despite their B…

Gold miners take a tumble: ASX closed 0.9% higher

03 Feb 2021 - The local sharemarket closed 0.9% higher or 62 points up to 6,825. Gold miners, Northern Star (ASX:NST) and Newcrest (ASX:NCM) shares fell today and Amcor (ASX:AMC) s…

High court dismisses Westpac appeal on financial advice: ASX tracking 1% higher at noon

03 Feb 2021 - The local sharemarket is up 1% or 70 points higher to 6,833. The SPI futures point to a rise of 77 points. Amcor (ASX:AMC) shares did well today after they upgraded t…

Banks and iron ore miners offset energy losses, December trade surplus up $7.4b: ASX up 0.4% at lunch

25 Jan 2021 - The local sharemarket is up 0.4 per cent or 27 points to 6828 as we head into afternoon trade. On the futures market the SPI is 25 points higher. Iron ore miners are …

Best and worst performers in 2020, Westpac analysis, buy and write

13 Jan 2021 - Fund Manager Chris Pedersen discusses the best and worst performers of 2020, compares the Australian share market globally, provides a macro market overview, and anal…

Iron ore miners and Metcash rally: ASX closes 0.6% higher

07 Dec 2020 - The local sharemarket has advanced for its fifth straight session as strong iron ore prices lifted the mining sector and Metcash jumped by over 10 per cent on strong …

Westpac (ASX:WBC) to sell pacific businesses to Kina Securities

07 Dec 2020 - Westpac (ASX:WBC) will sell its Pacific businesses – Westpac Fiji and Westpac’s 89.91% stake in Westpac Bank PNG Limited – to Kina Securities for up to $420 million.

Iron ore price surges to 7 year high: ASX closes 0.4% higher

03 Dec 2020 - The Australian share market rose at the open, saw a dip at lunchtime trade and closed 0.8% higher. The iron ore price pushed shares in Fortescue Metal (ASX:FMG) highe…

Westpac (ASX:WBC) enters into enforceable undertaking

03 Dec 2020 - Westpac (ASX:WBC) has entered into an enforceable undertaking with the Australian Prudential Regulation Authority (APRA) on risk governance remediation

Westpac Group (ASX:WBC) to make $275 million on sale to Allianz

02 Dec 2020 - Westpac Group (ASX:WBC) is set to make $725 million from the sale of Westpac General Insurance Limited and Westpac General Insurance Services Limited to Allianz.

Four stocks that look vulnerable

16 Nov 2020 - Fairmont Equities Managing Director Michael Gable takes a technical look at Coles Group (ASX:COL), Woolworths Group (ASX:WOW), Westpac Banking Corp (ASX:WBC) and Rel…

US election gridlock continues: Aus shares leap 4.2% over week

06 Nov 2020 - It has been a massive week for markets. On Tuesday the RBA slashed rates to a new historic low of 0.1 per cent. The Commonwealth Bank of Australia (ASX:CBA), the Nati…

RBA, Election, Focus on WBC, SDF, MTS

04 Nov 2020 - Fund Manager Chris Pedersen discusses the impacts of the RBA's cash rate cut, the US Federal Election and analyses WBC, SDF and MTS

Building approvals give the market a boost: ASX ends 0.4% higher

02 Nov 2020 - The local share market has finished a choppy session in the green, recouping some of its losses from Friday. But there could be more volatility ahead this week as inv…

Local shares seesaw to 0.2% gain: Building approvals skyrocket in September

02 Nov 2020 - The local share market has kicked off the week on a positive note despite weak leads from the US and increasing nervousness around the US election. The S&P/ASX200 is …

Aus shares to rise: Westpac post 66% fall in net profit

02 Nov 2020 - Local shares are set to rise this morning despite a tech rout on Wall Street last Friday. In the US stocks fell on Friday, putting the lid on a difficult week in whic…

US tech earnings beat expectations: Aus shares 0.1% lower at noon

30 Oct 2020 - As predicted, the ASX200 bounced at the open after quarterly earnings of major US tech stocks - Facebook, Apple, Twitter and Alphabet exceeded analyst expectations.

Export and import prices fall in September quarter: ASX is tracking 1.2% lower at noon

29 Oct 2020 - The ASX dropped at the open and is now tracking 1.2% lower at noon. Seek (ASX:SEK) took a hit today as they took a pause in trading awaiting an announcement. All the …

Banks & miners weigh, Coca Cola pops 16.3%: ASX finishes 0.2% lower

26 Oct 2020 - The local share market has finished the session lower. The S&P/ASX 200 Index dropped 11.4 points, or 0.2 per cent, to 6156, declining for a third straight session. It…

Takeover bids help ASX take off: Aus shares 0.4% higher at noon

26 Oct 2020 - The local share market has kicked off the week on a positive note with help from a couple of takeover bids. The S&P/ASX 200 is up 0.4 per cent or 22 points at 6189. T…

Westpac (ASX:WBC) reveals $1.2b hit to second-half results

26 Oct 2020 - Westpac (ASX:WBC) has revealed new charges and provisions worth more than $800m that will combine with previously-announced Austrac penalty matters to take a $1.2bill…

Banks & miners end 7-day gain streak: Aus shares close 0.3% lower

14 Oct 2020 - The ASX200 saw plenty of seesaw movement on the market, as banks and big miners weighed down the market. New South Wales has recorded 11 new community-transmitted cor…

Banks offset gains by CSL and James Hardie: Aus shares 0.04% lower at noon

14 Oct 2020 - Australian shares have clawed back from early lows to be flat at noon as the big banks offset gains by CSL, James Hardie and Sonic Healthcare. The ASX is 0.04% or 3 p…

Telstra takes off: ASX closes 1% higher to 7-month high

13 Oct 2020 - The local share market has powered to its highest level in seven months and its seventh positive consecutive session. The big banks led the gains with Westpac rising…

Market lifts amid budget bounce: ASX up 0.4% at noon

07 Oct 2020 - The Australian sharemarket has bounced back from morning lows despite US markets plunging after Donald Trump tweeted he would halt stimulus talks until after the elec…