ASX:WBC

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ASX:WBC

US tech sell-off continues: Aus shares set for sharp fall

13 Nov 2018 - Aus shares to drop at open following a sell-off on Wall Street. The Dow Jones dropped 600pts, dragged down by Apple. Infratil (ASX:IFT) has released its half year re…

Westpac launches Capital Notes 6

12 Nov 2018 - Westpac (ASX:WBC) has today announced the launch of a new hybrid capital security, Westpac Capital Notes 6.

RBA to hold rates for 25th time: Aus shares race 0.7% up at noon

06 Nov 2018 - Market at Midday. ASX gallops up with Energy, Staples, Property & Materials leading, ahead of RBA rate decision. Cochlear (ASX:COH) marked as 'buy'. Westpac (ASX:WBC)…

Healthcare slips further from all time high: Aus shares close 0.5% lower

05 Nov 2018 - Market Wrap. Healthcare continues its fall from all time high. Financials gains despite Ernst & Young report on Australian bank squeeze. Centuria Capital (ASX:CNI) se…

Snaps 6-day run on Healthcare selling: Aus shares dip 0.2% at noon

05 Nov 2018 - Market at Midday. Service sector falls but stays in expansionary ground. Healthcare sector drags market. Greencross (ASX:GXL) barks 17% higher on $675m takeover schem…

Westpac report full year profit of $8.1 billion

05 Nov 2018 - Westpac (ASX:WBC) have reported a full year profit of $8.1 billion, up just 1 per cent on last year's results.

Tech gains boost market: ASX ends 1.3% higher

30 Oct 2018 - It has been a positive day of trade for the Australian share market closing on a high after a drop at the open. Afterpay Touch Group (ASX:APT) saw a rise today ending…

Charting View of the 4 Banks

15 Oct 2018 - Fairmont Equities managing director Michael Gable takes a technical look at the charting view of the 4 big banks

Big four banks down: ASX closes 0.97% lower

09 Oct 2018 - The ASX has dropped for the second day with concerns over US interest rate rises. Trading volumes were high today. Biotechnology company CSL (ASX:CSL) dragged on the …

Wall Street posts flat finish: Aus shares to open lower

01 Oct 2018 - Aus shares look set to open lower this morning after US stocks ended virtually unchanged on Friday. Westpac (ASX:WBC) CEO Brian Hartzer has apologised to customers af…

Energy up most in Sep: Aus shares close 0.4% higher, 3 week high

28 Sep 2018 - Market Wrap. 3-wk high. Financials up most today 1.2% despite 'shame for Australia’s banks.' Sep Wrap, Energy up the most 3.6%, Telcos up 2.1%, Healthcare down 7.5%. …

3-week high: Aus shares 0.5% higher at noon

28 Sep 2018 - Market at Midday. 3-week high with most sectors trading higher despite waiting for banking Royal Commission's interim report. Westpac Bank (ASX:WBC) downgraded by thr…

Westpac ceases to own Ascalon Capital Managers

28 Sep 2018 - Westpac (ASX:WBC) today announced it will cease to own Ascalon Capital Managers following an agreement with Generation Development Group (ASX:GDG) under which GDG wil…

Energy sector on the rise: ASX 0.1 per cent lower at noon

24 Sep 2018 - The ASX opened lower and continues to struggle. CSL (ASX:CSL) has dragged the market. Energy was up - BHP (ASX:BHP) climbing higher. Tatts Group (ASX:TTS), subsidiary…

Banks and miners advance: Aus shares close 0.5 per cent higher

19 Sep 2018 - It has been a positive day of trade for the ASX which closed half a per cent higher - its third advance in the last four sessions, pushed higher by the major banks an…

Telcos sector trailing behind: The ASX is 0.1 per cent lower at noon

12 Sep 2018 - The Australian share market dropped at the open and is trading lower at noon. BHP Biliton (ASX:BHP), Westpac (ASX:WBC) and Telstra (ASX:TLS) have all seen falls weigh…

Bank Stock yields and Value versus Growth?

12 Sep 2018 - Fund Manager, Chris Pedersen discusses bank stocks yields and value versus growth.

Economic update and analysis of Tabcorp

05 Sep 2018 - Fund Manager, Chris Pedersen provides an economic update, discusses the RBA, and provides an analysis of Tabcorp Holdings Limited (ASX:TAH).

Westpac fined for home loan conduct: ASX to close 0.3 per cent lower

04 Sep 2018 - The ASX closed lower today with the Energy sector the worst performer. Big banks saw a fall. Westpac (ASX:WBC) is potentially facing a $35 million penalty for contrav…

Westpac raise variable mortgage rates: ASX close 0.8 per cent higher

29 Aug 2018 - It has been a positive day of trade for the ASX with a strong rise this afternoon as Westpac (ASX:WBC) raised its variable home loan rates. Sirtex Medical (ASX:SRX) r…

Reporting season update, trade war and buy banks

29 Aug 2018 - Fund Manager Chris Pedersen summarises the reporting season, discusses the trade war and why banks are a buy.

Back at 10-year highs: Aus shares 0.6% higher at noon

28 Aug 2018 - Market at Midday. ASX bounces back to 10-year highs with most sectors lifting. Blackmores shares at 6-month high on results, Adairs upgraded by 3 brokers on results. …

Banks extend their losses: Aus shares 0.1% lower at noon

01 Aug 2018 - The ASX opened higher this morning but drifted 0.1% downwards by noon. The big four banks are all trading lower. Janus Henderson (ASX:JHG) CEO has resigned.

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…