Finance News Network

News by Jessica Amir

Jessica Amir

Finance News Network

Inflation data disappoints: Aus shares 0.23% lower at noon

25 Jul 2018 - Market at Midday. ASX slips on inflationary data miss, despite Wall Street and commodity rise. CPI up 2.1% YOY, missing expectations. Wattle Health shares up 11% on C…

Clawing back up, most sectors gain: Aus shares close 0.6% higher

24 Jul 2018 - Market Wrap. ASX claws back. Lynas Corp up 11%, BHP up 2%. Pilbara Minerals first coarse concentrate, Kogan earnings and revenue rise, Westpac bolsters board with HSB…

Health booster shot, Lynas rallies again: Aus shares 0.6% higher at noon

24 Jul 2018 - Market at Midday. Health rallies, leading most sectors up. Cochlear up 2.4%. Miners bode well as iron ore price gains 1%. Lynas Corp up 11%. Small company, Woomera Mi…

Shaw and Partners on the financial year ahead

24 July 2018 - Shaw and Partners CIO Martin Crabb talks where markets are headed this financial year, what to expect for earnings season and what sectors to watch.

Reversal Monday: Aus shares close 0.93% lower

23 Jul 2018 - Market Wrap. ASX200 back tracks on Nufarm fall and Trump threat. Hometown lodges bidder statement for Gateway, Mayne shines on acquisition, Wesfarmers announces Coles…

Back track on Trump and agriculture: Aus shares 0.9% lower at noon

23 Jul 2018 - Market at Midday. Property & utilities lead most of the sectors lower at noon, while just energy trades with a profit. Afterpay Touch up 6.3% today, YOY up 407%. Nufa…

Health and Afterpay booster shot: Aus shares 0.3% higher at noon

20 Jul 2018 - Market at Midday. Afterpay Touch soars and health leads rally. Westpac Bank got some extra buy-in today (is up 0.5%) but down 8.9% YOY. NAB up 0.5%, but down 8.4% YOY…

Oil Search & Santos’ PNG LNG project to supply LNG to PetroChina

20 Jul 2018 - Oil Search (ASX:OSH) advises that its 29 per cent owned PNG LNG Project, signed a sale and purchase agreement with Hong Kong’s PetroChina International.

Magnis Technology reveals superior battery results

20 Jul 2018 - Magnis Technology (ASX:MNS) has revealed superior battery results from its testing programs.

Xero US strategic alliance to bolster payroll offering

20 Jul 2018 - Xero (ASX:XRO) announced a strategic alliance with a leading full service US payroll platform, Gusto, which ensures its business will offer a full-service payroll sol…

Oz Minerals JV expands drilling

20 Jul 2018 - Oz Minerals (ASX:OZL) joint venture with Minotour Exploration (ASX:MEP) has doubled its drilling in Queensland from 1,700 metres to 2,500 metres.

Sydney Airport Asian traffic soars

20 Jul 2018 - Sydney Airport (ASX:SYD) has seen a spike in international passenger numbers in June and year to date with Asian travelers driving up growth.

Contact Energy mass market electricity sales fall on demand slip

20 Jul 2018 - New Zealand electricity generation company, Contact Energy, (ASX:CEN) has advised its mass market electricity sales fell for the 12 moths ending June 2018, compared t…

Trump ‘not happy’ with US rates: Aus shares to see soft start

20 Jul 2018 - Market Outlook. Wall St retreats on Trump not being happy about US Fed rate rise. Tabcorp (ASX:TAH) exiting Sun Bets, to pay $71m and see $91m write-down. Charter Hal…

Afterpay collects gains, ASX back at highs: Aus shares close 0.3% higher

19 Jul 2018 - Market Wrap. ASX re-enters 10-year highs with fintech Afterpay rising 24% on sales surge, CIMIC jumping 17% on profit lift while Evolution Mining falls below 150-day …

Afterpay cashes in, ASX at records: Aus shares 0.4% higher at noon

19 Jul 2018 - Market at Midday. ASX back at 10-year highs with Industrials leading. CIMIC up 13% on NPAT jump, Afterpay up 15% on smashing records, while Zip sees record revenue.

Health & Miners shine, IPO KTD up 80%: Aus shares close 0.7% higher

18 Jul 2018 - Market Wrap. Back closer to new 10-yr high. Technology One best performer 2nd day. Fairfax up 3.3% on saving $15m, Saracen up 3.9% on record production, Bega up 4% on…

Miners lead, ASX snaps slide, IPO shines: Aus shares 0.8% higher at noon

18 Jul 2018 - Market at Midday: ASX snaps 2-day fall. Miners lead. IPO, Keytone Dairy trades 55% higher. Saracen up 7.3% after record FY production. ClearVue up 3.8% on green-light…

Property Connect Holdings (ASX:PCH) rental auction platform

18 July 2018 - Property Connect Holdings Limited (ASX:PCH) CEO, Darren Patterson talks about bringing fintech to the property market, starting with the company's LiveOffer rental a…

Oil slides, Technology One jumps: Aus shares close 0.6% lower

17 Jul 2018 - Market Wrap. Oil slides on US Govt spooking market. RBA says labour costs are low and retail competition is strong. Technology One shines 8.2% on 10-15% profit growth…

RBA concerned about US policy: Aus shares 0.4% lower at noon

17 Jul 2018 - Market at Midday. RBA concerned about US policy affecting global outlook. Whitehaven Coal down 3.1%, but up 85% YOY. Bingo major holders say 'not selling', Tassal get…

China data disappoints, Profit taking tolls: Aus shares close 0.43% lower

16 Jul 2018 - Market Wrap Report. Started week lower on weak China data, and profit taking in health care. CSL (ASX:CSL) down 2.9% today but up 54% YOY. G8 Education gains 5.5%. To…

Pancontinental Oil & Gas NL (ASX:PCL) targeting major gas reserves

16 Jul 2018 - Pancontinental Oil & Gas NL Limited (ASX:PCL) Executive Director and CEO John Begg provides an update on the company's offshore Namibia Project, PEL 87 and onshore US…

Subdued start ahead of busy wk: Aus shares 0.4% lower at noon

16 Jul 2018 - Market at Midday. Red start on the back of profit taking, while traders await RBA minutes. Downer wins Chevron contracts, Mirvac's new Brisbane building let to Suncor…

CSL continues to shine, financials weigh: Aus shares close flat

13 Jul 2018 - Market Wrap. ASX ended virtually flat today but finishes week lower. CSL extends its all-time high rally closing above $204. Netwealth rallies, Mineral Res leads, Rio…

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