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ANZ Hospitals set to acquire Healthscope: Aus shares up 1.4% over week
24 May 2019 - After 6 sessions of gains the ASX200 took losses on Thursday and again today, closing 1.4% lower. Over the week the Finance sector capped the most gains and is up approximately 6%. The Federal Court of Australia has approved a scheme of arrangement to allow ANZ Hospitals to acquire Healthscope $HSO. Crude oil plunged below $60.

Estia 2019 EBITDA misses the mark: Aus shares 0.7% lower at noon
24 May 2019 - The ASX200 opened flat this morning following negative leads from the US and is now tracking 0.7 per cent lower at noon. All sectors except Healthcare are in the red with Energy and Consumer Staples weighing heaviest on the market. Shares in aged care provider Estia Health (ASX:EHE) took a hit this morning after their increase in EBITDA for the full year 2019 come in below expectations.

Japanese Yen gains against the dollar: ASX set to open lower
24 May 2019 - Following negative leads from US markets, the ASX looks set to open lower this morning. As investors look to profit from the US-China trade war, the Japanese Yen is a winner gaining against the dollar. EML payments (ASX:EML) has entered into an agreement with Smartgroup Corporation (ASX:SIQ) for a card program for payout of Salary Packaging benefits.

Iron ore above US$105: Aus shares close 0.3% lower
23 May 2019 - After opening flat the ASX200 lost momentum this morning. Despite a rally in the second half of the session, the ASX200 closed 0.3 per cent lower. This follows 6 sessions of straight gains. Consumer Discretionary made significant gains today thanks to strong performances from Slater and Gordon (ASX:SGH), Crown Resorts (ASX:CWN), and Aristocrat Leisure (ASX: ALL).

Aristocrat Leisure NPAT up 14.8%: Aus shares 0.4% lower at noon
23 May 2019 - The ASX200 opened flat and is tracking 0.4% lower at noon. Financials and Energy are trailing behind. Aristocrat Leisure (ASX:ALL) shares are soaring following their announcement that NPAT is up 14.8% for the 6 months to 31 March 2019.

US looks set to blacklist more Chinese companies: ASX poised to open lower
23 May 2019 - Following weak leads from US markets, the ASX looks set to open lower this morning. US stocks fell yesterday as trade tensions between China continued to rumble. The White House is said to be taking an intense look at blacklisting more Chinese technology companies. Agribusiness Webster (ASX:WBA) reported a NPAT of $2.12m compared to $3.77m for the prior corresponding period.

ASX closed at 6,511 points, fresh record high after Aus shares gain 0.2%, rising for 6th day
22 May 2019 - The Australian share market extended on its winning streak, rising for the 6th straight session, shaking off early selling and closing at 6,511 pts a level we last touched in December 2007. Australian construction fell 1.9% while it was expected to remain steady. CSR (ASX:CSR) shares trade at 8-month highs.

Construction work done falls 1.9% in March Qtr: ASX tracking 0.1% lower at noon
22 May 2019 - The ASX has snapped its winning streak and has shed 0.1% at noon, after the local bourse made gains for the five past sessions. Nevertheless, we are still trading at fresh highs and levels the local bourse hasn’t been in since December 2007. Healthscope (ASX:HSO) shareholders have voted in favour of the scheme of arrangement under which an entity controlled by Brookfield Business Partners will acquire all their shares.

Dollar slumps after RBA hints at future rate cut: ASX set to open higher
22 May 2019 - The ASX is set to edge higher at the open, as shares in Europe and the US rebounded. Apple rose 2% helping tech stocks rebound in the US. The AUD slumped yesterday after the RBA suggested strongly that an interest rate cut is now imminent. CIMIC Group (ASX:CIM) company CPB Contractors has been selected as preferred proponent to work on Auckland Airport.

ASX fresh closing high 6,500 pts, if employment doesn't improve, cash rate drop likely: ASX closes 0.4% higher
21 May 2019 - ASX bounces back from early selling on banks gaining 1.7%. Mortgage Choice (ASX:MOC) rose about 12% while Bendigo and Adelaide Bank (ASX:BEN) rose over 3%. Tech stock selling caps local gains. Computershare (ASX:CPU) reiterates EPS growth guidance of 12.5%. ALS (ASX:ALQ) underlying profit ahead of guidance. Lynas (ASX:LYC) reveals $500m capital plan. Your afternoon wrap.