ASX:WES

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ASX:WES

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.

Zip Co partners with Kmart Australia

21 May 2019 - Software company Zip Co (ASX:Z1P) has partnered with Kmart Australia to offer Zip interest free payments to its customers.

Wage Price Index rises 0.5% in the March quarter: ASX 0.5% higher at noon

15 May 2019 - The ASX opened higher following Wall Street’s claw back and is now tracking 0.5% higher at noon. The Wage Price Index (WPI) rose 0.5 per cent in the March quarter. Co…

Orica shares on the up after NPAT rise: ASX 0.5% higher at noon

09 May 2019 - The ASX rose at the open then took a dip before midday. It recovered slightly and is now tracking 0.5% higher at noon. Shares in Adelaide Brighton (ASX:ABC) fell afte…

Financial's Pendal, IOOF and AMP weigh on results: Aus shares close 0.6% lower

02 May 2019 - Aus shares wiped out most of yesterday's gains after Pendal (ASX:PDL) announced a 37% profit slump, IOOF (ASX:IFL) saw outflows of $129m and AMP's (ASX:AMP) outflows …

Wesfarmers looking to takeover Kidman Resources

02 May 2019 - Wesfarmers (ASX:WES) is looking to takeover lithium miner Kidman Resources for around $776 million.

Energy sector gains not enough to push ASX into positive territory: Aus shares close flat

09 Apr 2019 - The local share market fluctuated between positive and negative territories today. Crown Resorts (ASX:CWN) was the day’s star performer, rising 20 per cent. The major…

Wesfarmers responds to media reports, updates market on Lynas bid

09 Apr 2019 - Wesfarmers (ASX:WES) has responded to media reports about its discussions with the Malaysian Government regarding its proposal to acquire Lynas.

Lynas responds to Malaysian Prime Minister's comments

08 Apr 2019 - Rare earths miner Lynas (ASX:LYC) has responded to comments by Malaysian Prime Minister Mahathir Mohamad on Friday about the continuation of Lynas Malaysia’s operatio…