ASX:WES

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ASX:WES

St Barbara (ASX:SBM) continues operations: Aus shares close 2% lower

31 Mar 2020 - The Australian share market had a positive start to the session, up almost 3 per cent at noon, then fell sharply in the second half of trade erasing the days gain to …

Wesfarmers (ASX:WES) to sell 5.2% of issued capital in Coles

31 Mar 2020 - Wesfarmers (ASX:WES) today announced that trades have been executed for the sale of 5.2 per cent of the issued capital in Coles Group (ASX:COL) for $1.06 billion.

Market lifts on US stimulus agreed of $US2 trillion: ASX closed 5.5% higher

25 Mar 2020 - It has been a positive day of trade for the ASX after rising at the open it managed to stay in positive territory closing 5.5% higher. Qantas (ASX:QAN) shares rose af…

Wesfarmers (ASX:WES) keeps Bunnings, Kmart, Target and Officeworks open

25 Mar 2020 - Wesfarmers (ASX:WES) report today Bunnings, Kmart, Target and Officeworks stores across Australia are operating under standard or near-standard trading hours and oper…

Wesfarmers (ASX:WES) report weakness in sales of apparel

20 Mar 2020 - Wesfarmers (ASX:WES) report that since the start of the calendar year, overall momentum in the Group’s retail sales has continued in line with the first half of the f…

Wesfarmers (ASX:WES) to sell 4.9% of Coles Group

19 Feb 2020 - Wesfarmers (ASX:WES) will sell 4.9 per cent of its stake in the Coles Group.

Insurance Australia (ASX:IAG) takes hit on update: Aus shares close flat

24 Jan 2020 - The Australian share market rose at the open although closed flat for the end of the week. Shares in Insurance Australia (ASX:IAG) took a tumble, following the insure…

Wesfarmers (ASX:WES) defer investment decision on Mt Holland lithium project

24 Jan 2020 - Wesfarmers (ASX:WES) says they have completed a definitive feasibility study (DFS) on the Mt Holland lithium project but a final investment decision has been deferred…

Sterling soars amid Brexit deal hopes: ASX set to open higher

16 Oct 2019 - Following positive leads from US markets, the ASX looks set to open higher. It was good news in the US as stocks hit four-week highs. Healthcare and financials led th…

Postive yet minor lift to kick off week: Aus shares close 0.1% higher

09 Sep 2019 - Local shares start week with a minor gain while Jumbo Interactive (ASX:JIN), Qube (ASX:QUB) and Aventus (ASX:AVN) set new all-time highs. Aussie lending to households…

China-US trade talks to resume next month: ASX closed 0.9% higher

05 Sep 2019 - It has been a positive day of trade for the ASX, closing 0.9% higher. Nanosonics (ASX:NAN) saw their shares rise up over 5% as did CSR (ASX:CSR) and Pinnacle (ASX:PNI…

EY rebuts Bonitas' claims about RFF, Trade war hopes: Aus shares close 0.5% higher

27 Aug 2019 - A breath of fresh air for markets, a positive day for most Asian markets, the ASX and last night on Wall St. But now US futures suggest a negative start for Tuesday's…

Wesfarmers NPAT up 13.5% on pcp

27 Aug 2019 - Wesfarmers (ASX:WES) reported net profit after tax $1.9 billion, that's up 13.5 per cent on the prior corresponding period, excluding significant items.

Mixed earnings see morning dip in the market: ASX tracking 0.4% higher at noon

23 Aug 2019 - The ASX opened lower following mixed leads from Wall St and is now tracking 0.4% higher at noon. Shares in pharmaceutical company Mayne Pharma (ASX:MYX) shot up 10% t…

Wesfarmers drop Lynas bid: ASX poised to open lower

23 Aug 2019 - Australian shares are poised to edge lower at the open following mixed leads from Wall Street. Tech stocks saw a slide offsetting a rally in financials. Investors are…

Wesfarmers buys Catch Group Holdings: ASX closed 0.1% higher

12 Aug 2019 - The ASX closed 0.1% higher after struggling to gain huge momentum throughout the afternoon. Investor caution still surrounds concerns over the latest movement in the …

Markets slide on China tariffs, Aus services sector biggest drop in yr: Aus shares 0.4% lower

05 Aug 2019 - Aus shares fall 0.1% last week, while US equities see worst weekly loss in 2019 on new China tariffs. Aus services sector largest monthly fall in a year, while manufa…

RBA Minutes, Global Bank comparisons, WES, EHL

19 Jun 2019 - Fund Manager, Chris Pedersen looks at RBA Minutes, Global Bank comparisons, Wesfarmers and Emeco Holdings.

ASX shrugs off weaker than expected property data, Fed meets: Aus shares close 0.6% higher

18 Jun 2019 - Local share market muster ups, defying weaker than expected property price falls. All ASX sectors end higher with four sectors gaining over 1%. US Fed Reserve meets T…

Wesfarmers on shaky ground

17 Jun 2019 - Fairmont Equities managing director Michael Gable takes a technical look Wesfarmers, Cleanaway Waste Management, Codan and Nufarm.

ASX closes in red for 2nd day but holds 11.5yr highs: Aus shares close 0.02% lower

13 Jun 2019 - The Australian share market opened higher, before closing marginally lower for the 2nd day. Tech sector sheds 3% on Afterpay (ASX:APT) AML fear selling. Harvey Norman…

Wesfarmers flags slowing sales growth for Kmart

13 Jun 2019 - Wesfarmers (ASX:WES) retailer Kmart has experienced slowing sales growth over the second half of the 2019 financial year.

APRA to lift capital requirements for investor and interest only loans: Aus shares close 0.04% lower

12 Jun 2019 - The ASX200 dropped after APRA confirmed that it would increase capital requirements for investor and interest only loans. Following this news the big 4 banks took a h…

Wesfarmers catches Catch Group for $230 million

12 Jun 2019 - Wesfarmers (ASX:WES) inked a deal to snap up Australian online retailer Catch Group Holdings $230 million cash.

Wesfarmers appoints FMGs co-deputy chair to its board

05 Jun 2019 - Wesfarmers (ASX:WES) has appointed the co-deputy chairman of Fortescue Metals Group (ASX:FMG) Sharon Warburton to its board, effective 1 August 2019.