ASX:ASB

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ASX:ASB

Cann (ASX:CAN) secures government funding for medicinal cannabis facility: Aus shares 0.6% higher at noon

03 Jul 2020 - The Australian share market opened higher and is tracking 0.6% higher at noon, buoyed by a strong performance from the Healthcare sector which is up around 1.9 per ce…

Materials lift local bourse as travel stocks head south on COVID-19 resurgence: ASX closes 0.03% higher

22 Jun 2020 - The local share market opened lower this morning, picked up pace at lunchtime and then pared gains in late trade to end the session ever so slightly higher by 0.03 pe…

Banks reverse early falls and gold stocks push higher: ASX lifts 0.1% at noon

22 Jun 2020 - The ASX dropped 49 points at the open but has pared losses as the major banks reverse early falls, and gold stocks push higher. The top 200 is now 0.1 per cent higher…

Heartbreaking job data drags market lower: Aus shares close 0.9% lower

18 Jun 2020 - The market sank at the open, was hit by job data that Prime Minister, Scott Morrison described as “heartbreaking”, and finished the day 0.9 per cent lower. Ship build…

Fortescue reaches new record on the back of iron ore price surge, Aussie dollar pops: Aus shares finish 1.1% higher

01 Jun 2020 - The local sharemarket started the new month with a 1.1 per cent rally to finish at 5819 as iron ore miners pushed higher and banks bounced back from a weak start.

Aussie shares reverse early dip, big 4 push higher, iron surges boosting miners Aus shares 0.7% higher at noon

01 Jun 2020 - The Australian sharemarket has reversed an early dip the beginning of the trading week as the big four bank stocks push higher, while property stocks are taking a hit…

5th consecutive week of gains: Aus gain 4.5% over week

29 May 2020 - Despite today’s losses, the market finished the week 4.5% higher. That’s the fifth consecutive week of gains for the ASX200. Investors are optimistic that the easing …

Private sector credit steady in April: Aus shares 1.1% lower at noon

29 May 2020 - The Australian share market opened lower and slid throughout the morning as the big four bank rally that we have been seeing the first 4 sessions of the week came to …

Loneliness is highest stressor - ABS survey: Aus shares close 1.03% higher

18 May 2020 - The Australian share market rose at the open and continued to rally closing 1.03 per cent up at the end of trade. Loneliness was the most widely reported source of pe…

Treasury (ASX:TWE) faces another class action: Aus market sheds 5.01%

01 May 2020 - Negative sentiment from US markets flowed through the Australian market today. It opened in in the red and saw a steady decline throughout the day, finishing 5% lower…

Ingenia raises $150 million (ASX:INA): Aus shares 3.9% lower at noon

01 May 2020 - The Australian share market opened lower following negative economic headwinds from the US and has continued to track lower in the first 2 hours of trade. All of the …

Big four banks continue to fall: Aus shares close 2.8% lower

06 Mar 2020 - The Australian share market continued to plummet in the back half of the trading session and closed 2.8 per cent lower.

BOQ raises $89.7M via share purchase plan: Aus shares 0.7% lower at noon

30 Dec 2019 - The Australian share market opened slightly lower this morning and lost ground over the first 2 hours of trade. This comes despite positive leads from US markets. Eve…

Shares in oOh!Media (ASX:OML) shoot up on earnings upgrade: ASX tracking 1.5% lower at noon

04 Dec 2019 - The ASX dropped at the open following falls from Wall Street. It is now tracking 1.5% lower at noon. Shares in oOh!Media (ASX:OML) shot up after they upgraded their F…

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) …