ASX:XRO

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ASX:XRO

ASX to slide as COVID-19 cases spike: SPI futures 1.3% lower

22 Jun 2020 - The local bourse looks set to start the new week lower following mixed leads from Wall Street. In the US on Friday stocks had a rollercoaster session with the Dow Jon…

Coca-Cola Amatil (ASX:CCL) appoints CFO: Aus shares 0.7% higher at noon

15 May 2020 - The Australian share market opened higher this morning and is now trading 0.7 per cent higher at noon. Coca-Cola Amatil (ASX:CCL) has appointed Greg Barnes as their C…

Charting view of the WAAAX stocks

24 Feb 2020 - Fairmont Equities Managing Director Michael Gable discusses a charting view of the WAAAX stocks

Lottery retailer Jumbo (ASX:JIN) shares continue to fall: ASX 0.3% lower at noon

23 Dec 2019 - The ASX took a dip at the open and has continued to fall throughout the morning now tracking 0.3% lower at noon. Jumbo (ASX:JIN) shares have fallen as have NearMap (A…

Graham Smith retires from Xero (ASX:XRO) board

13 Dec 2019 - Cloud-based admin helper Xero (ASX:XRO) announced today that Graham Smith will retire from the board, stepping down as chair.

Banks and tech keep market busy: ASX closes 1% higher

07 Nov 2019 - It has been a positive day of trade, with the ASX closing 1% higher. Xero (ASX:XRO) did well today as did James Hardie Industries (ASX:JHX). NAB (ASX:NAB) shares gain…

Xero (ASX:XRO) passes the 2 million subscriber mark

07 Nov 2019 - Cloud accounting software company Xero (ASX:XRO) has passed the 2 million subscriber milestone and reports 32% per cent operating revenue growth.

Finding a buying opportunity with Xero

19 Aug 2019 - Fairmont Equities Managing Director Michael Gable takes a technical look at Xero, Link Administration Holdings, Pact Group Holdings and Academies Australasia Group.

ASX wipes out two months of gains, now 6% off all-time high: Aus shares down 2.45% at noon, despite better than expected trade surplus

06 Aug 2019 - China responds to Trump’s new tariffs, causes Yuan to slide, and stops purchase of Agri products from US, causing Wall Street to see worst loss of 2019. China fixes c…

AMP shares slump over 15%: ASX tracking 0.7% lower at noon

15 Jul 2019 - The ASX opened lower and continued to fall defying positive leads from Wall Street. The ASX is now tracking 0.7% lower at noon. Shares in AMP (ASX:AMP) have plummette…

Focus on ALL, XRO & HLO, RBA impact on Tues and Trade War issues

29 May 2019 - Fund Manager, Chris Pedersen looks at Aristocrat Leisure, Xero and Helloworld Travel, RBA impact on Tuesday and Trade War issues.

New 12-year highs on Coalition win, ASX hits 6,478 pts: Aus shares up 1.3% at noon

20 May 2019 - ASX soared to new 12-year highs this morning on the banking sector rising 5%, clawing back from May's selling. Westpac (ASX:WBC) shares up 7.2%, NAB (ASX:NAB) up 6.7%…

Citadel Group appoints Sam Weiss: Aus shares close 0.7% higher

16 May 2019 - The ASX200 opened slightly lower and took a dip this morning when unemployment figures for April came in weaker than expected. It managed to rally over the afternoon …

Unemployment rate steady at 5.1%: Aus shares 0.1% higher at noon

16 May 2019 - The Australian share market opened slightly lower this morning following positive leads from Wall Street. It has made ground over the first two hours of trade continu…

Xero posts 36% increase in revenue to NZ$552.8 million

16 May 2019 - Accounting software company Xero (ASX:XRO) delivered operating revenue of $552.8 million, a 36 per cent rise on the prior corresponding period.

RBA Monetary Policy Statement downgrades forecasts: ASX 0.3% higher at noon

10 May 2019 - The ASX opened higher defying the futures market which had been anticipating a fall. Now trading at 0.3% higher at noon. Shares in TPG Telecom (ASX:TPM) have started …

Oil price hits 2019 high, Energy sector profit taking: Aus shares 0.7% lower at noon

04 Apr 2019 - The Australian share market opened lower today and has continued to fall despite Wall Street leads. Syrah Resources (ASX:SYR) shares hit a month high after Q1FY19 sal…

China manufacturing falls for 2nd time: Aus shares close 0.4% lower

31 Jan 2019 - Market Wrap. China manufacturing contracts for 2nd month. Australian loans fall less than expected. Syrah Resources (ASX:SYR) wipes out most of Jan's gains. Beach Ene…

Beach Energy & ORG 3-month high, ASX up 6% in Jan: Aus shares 0.1% higher at noon

31 Jan 2019 - ASX mid-session report. Tech stocks, miners and Energy players bounce. Fortescue Metals (ASX:FMG) & Rio (ASX:RIO) upgraded. Australia's loans rise 4.3% YOY, less than…

Fortescue gains 8%, Rio 5%, BHP 3%: Aus shares gain 0.2% Wednesday

30 Jan 2019 - Market Wrap. Local tech selling caps gain. Yesterday's IPO Splitit Payments (ASX:SPT) shares lift 70%. Australian CPI up more than expected in Qtr. Syrah Resources (A…

Charting levels for Afterpay

21 Jan 2019 - Fairmont Equities Managing Director Michael Gable takes a technical look at Afterpay Touch Group, Sydney Airport, Xero and Oceangold Corporation.

CBA's critical charting levels

03 Dec 2018 - Fairmont Equities managing director Michael Gable takes a technical look at Commonwealth Bank of Australia, Appen, Xero and St Barbara.

Flat finish: Australian shares close 0.1 per cent higher

15 Nov 2018 - Flat finish: Australian shares close 0.1 per cent higher. Telecommunications, IT and cloud products and services provider Inabox Group (ASX:IAB) has this afternoon ad…

Xero snaps up UK cloud accounting firm for £5.25m

15 Nov 2018 - Financial software company Xero (ASX:XRO) announces plans to drive UK business and buy a cloud-based accounting firm, Instafile, for £5.25 million. Its shares rally u…

ASX snaps uptrend, M&A activity dominates: ASX 0.1% lower at noon

12 Nov 2018 - Mid-session report. LendLease (ASX:LLC) downgraded. James Hardie (ASX:JHX) upgraded 'sell-off overdone'. Elders (ASX:ELD) revenue and earnings rise, stock jumps 11%. …