ASX:ASB

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ASX:ASB

Record highs for Wall Street: ASX poised to open higher

05 Nov 2019 - Following positive leads from US markets, the ASX looks set to open higher. Stocks in the US rose with the Dow Jones claiming its first record since July. Uber stocks…

Cleanaway Waste Management (ASX:CWY) shares dropped on quarter results: ASX closed 0.7% higher

25 Oct 2019 - It has been a positive day of trade for the ASX. After opening in the black the local bourse managed to gain maintain to close 0.7% higher. Cleanaway Waste Management…

Austal (ASX:ASB) to construct $136 million catamaran

25 Oct 2019 - Ship manufacturer, Austal (ASX:ASB) has penned a contract for the design and construction of a 115 metre, high-speed catamaran for Molslinjen of Denmark.

Investing in a falling interest rate environment

03 Sep 2019 - Burman Invest Portfolio Manager Julia Lee talks about the inversion of the yield curve and how to invest in a falling interest rate environment.

IT sector adds the most this week, 6%: Aus shares rise for 2nd week, this time adding 1.2%

30 Aug 2019 - Four days of straight gains and benchmark ASX200 now about 4% away from the all-time high hit late July. Australian dwellings approvals fall 9.7%, vs flat result expe…

A positive start to the week: ASX set to open higher

19 Aug 2019 - Following positive leads from US markets, the Australian share market looks set to open higher this morning. US stocks saw a rebound on Friday despite a rollercoaster…

Unemployment rate steady, wages rise: ASX tracking 2.4% lower at noon

15 Aug 2019 - The ASX dropped at the open following a plunge in the US markets overnight. It is now tracking 2.14% lower at noon. Treasury Wine Estates (ASX:TWE) shares have soared…

Austal awarded new US Navy contract

15 Aug 2019 - Austal (ASX:ASB) has received an award from the United States Department of Defence of over US$23 million for support activities on the USS Tulsa.

Wall Street plunges in worst day of trade for 2019: Aus shares to plummet on back of global sell-off

06 Aug 2019 - The Australian sharemarket looks set to plummet after Wall Street suffered its worst day of the year. Austal (ASX:ASB) has announced the successful delivery of a 49 m…

Tech and iron ore take a tumble: ASX closes 1.9% lower

05 Aug 2019 - The ASX took at dive at the open and continued to fall throughout the day, closing 1.9% lower, a 5 week low. Iron ore stocks took a tumble and tech companies took a h…

Buy now pay later segment heats up with humm: Aus shares 0.1% higher at noon

22 Jul 2019 - Local shares search for direction as Wall Street closes off a negative week ahead of Fed cut and earnings season ramp up. Citi says National Australia Bank (ASX:NAB) …

Elders shares up over 15%: ASX tracking 0.5% higher at noon

17 Jul 2019 - The ASX dropped at the open following negative leads from Wall Street but managed to gain momentum and is now tracking 0.5% higher at noon. Elders (ASX:ELD) saw their…

Lepidico resource estimate up 290%: Aus shares close 0.4% lower

11 Apr 2019 - The ASX unwound its 3 days of gains. After opening above the line it lost ground over the morning and despite a midsession surge, it didn't manage to claw its way bac…

PL8 delivers 16.2% return: Aus shares 0.6% lower at noon

11 Apr 2019 - The Australian share market opened higher and is 0.6% lower at noon. Healthcare, Materials and Financials have been the worst performing sectors this morning. Plato I…

China's manufacturing data jumps: ASX set to open higher

02 Apr 2019 - The ASX is poised to open higher this morning as American stocks saw a rally after China released pleasing manufacturing data easing concerns of a global economic slo…

Austal awarded $369 million U.S. navy contract

26 Mar 2019 - Shipbuilder, Austal (ASX:ASB) has been awarded a new A$369 million contract by the U.S. Navy.

Boeing shares take another hit: ASX set to open higher

14 Mar 2019 - Australian shares are poised to open higher this morning, following on from a rally on Wall St as US data signaled a resilient economy. Boeing shares face more pressu…

The prospects for Westpac and Woolworths

25 Feb 2019 - Fairmont Equities managing director Michael Gable takes a technical look at Westpac Banking Corp, Woolworths Group, Austal and Chorus.

Inquiry recommends 4 pillars stay, life insurance caps to be zero: ASX gains 0.5% Monday

04 Feb 2019 - Market Wrap. Banking Royal Commission handed down after ASX closed. Inquiry cracks down on commissions. Financial sector gained 1% today. The Aus' share market recove…

Austal increases revenue guidance to $1.9b

04 Feb 2019 - Ship builder Austal (ASX:ASB) have increased their expected revenue for the year from $1.3–$1.4 billion to $1.9 billion.

Austal starts delivery of huge ferry to Denmark

31 Jan 2019 - Shipbuilder and defence contractor Austal (ASX:ASB) has officially started the delivery of the largest commercial ferry by volume they have ever built at its shipyard…

Austal awarded US$16.3M contract: market 0.15% higher over week

25 Jan 2019 - The ASX200 opened in the black and gained momentum throughout the day to close 0.7 per cent higher. The Real Estate and Utilities sectors were out in front today but …

RBA keeps cash rate on hold: The ASX closes 1% lower

04 Dec 2018 - The ASX closed lower today after a small rise in early morning trade. The best performing sector was Telcos adding 0.3% while the worst performing sector was Consumer…

Austal sign new ship building deal for Trinidad and Tobago

04 Dec 2018 - Global ship building company Austal (ASX:ASB) has entered into an approximately $98 million contract with the National Infrastructure Development Company which is own…

Banks pushed today's rally: ASX closed 0.1% lower

19 Oct 2018 - The ASX has seen an impressive rally throughout the day as it rose on the major banks but still closed lower. Westpac (ASX:WBC) and Comm Bank (ASX:CBA) closed the wee…