ASX:WBC

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ASX:WBC

Stocks of the Hour: ANZ, Westpac & Incitec Pivot

05 May 2021 - A snapshot of companies making headlines in the morning session featuring ANZ, Westpac & Incitec Pivot.

RBA Monetary Policy, Westpac, Pinnacle Inv Mgmt, Deterra Royalties

05 May 2021 - Fund Manager Chris Pedersen looks at RBA Monetary Policy, Westpac Banking Corp (ASX:WBC), Pinnacle Investment Management Group (ASX:PNI) and Deterra Royalties Ltd (A…

ASIC accuses Westpac (ASX:WBC) of insider trading

05 May 2021 - Westpac (ASX:WBC) has confirmed awareness of legal action against the corporation by the Australian Securities and Investments Commission on account of alleged inside…

Westpac leads defiance against Wall Street falls: ASX tracking 0.2% higher at noon

03 May 2021 - The Australian sharemarket lifted in opening trade, bouncing back from Friday’s lows and defying weak leads from Wall Street. Gains in the banking sector is powering …

Wall St slips, Westpac dividend returns: ASX to dip

03 May 2021 - The ASX is set to dip this morning. On Friday Wall St slipped into the red with the S&P 500 retreating from its record high, led by losses in energy and technology sh…

Stocks of the Hour: Suncorp, Westpac & JB Hi-Fi

28 Apr 2021 - A snapshot of the top stock news for the hour, featuring Suncorp Group (ASX:SUN), Westpac (ASX:WBC) & JB Hi-Fi (ASX:JBH)

Westpac (ASX:WBC) settles life-insurance dispute for $30m

28 Apr 2021 - Westpac has reached an out-of-court settlement agreement worth $30 million, with the company’s life insurance customers represented by Shine Lawyers.

ASX sets new post-pandemic record: Aus shares close 0.7% higher

14 Apr 2021 - The ASX200 has maintained momentum throughout the day, as the Australian stock market remained immune to US inflation figures and vaccine setbacks. The tech and minin…

ASX extends winning streak, led by iron ore miners & banks: Aus shares close 1.02% higher

08 Apr 2021 - The ASX continued its winning streak for the fifth day, gaining 1% to close at a 13-month high of 6,999. All sectors closed in the black. Miners performed strongly, w…

ASIC prosecutes Westpac (ASX:WBC) for misleading 384 customers

08 Apr 2021 - The Australian Securities & Investments Commission (ASIC) has today taken legal action against banking giant Respect (ASX:WBC), on allegations of misleading conduct a…

Westpac (ASX:WBC) consider potential sales: ASX closes 0.5% higher

24 Mar 2021 - It has been a mostly positive day of trade for the Australian share market. At the closing bell the S&P/ASX 200 index closed 33 points higher, or 0.5 per cent higher …

Westpac NZ to review liquidity risk management: ASX poised to open flat

24 Mar 2021 - Following a drop from US markets, the ASX looks set to open flat this morning. Iron ore prices rebounded as investors weighed the impact of steel production curbs aga…

Retail turnover falls 1.1% MoM in Feb: Aus shares 0.2% lower at noon

19 Mar 2021 - The Australian share market opened lower and has continued on this trajectory into the mid-session. Energy stocks are dragging on the market despite signs of recovery…

Unemployment rate fell to 5.8% in February: ASX 0.3% lower at noon

dd Mmm 2021 - The ASX opened almost flat, roller-coastering between falls and gains and is now tracking 0.3% lower at noon. The S&P/ASX 200 index is 18 points at 6,777. The SPI fut…

Corporate Travel Management (ASX:CTD) falls on MD shares sale: ASX closed 0.5% lower

17 Mar 2021 - After a drop at the open the Australian share market couldn’t pull back up and at the closing bell the S&P/ASX 200 index closed 32 points lower, or 0.5 per cent lower…

1 in 5 Australians expect household finances to improve next year: ASX tracking 0.7% lower at noon

17 Mar 2021 - The Australian share market dropped at the open and is now tracking 0.7 per cent lower at noon. The S&P/ASX 200 index is 49 points down at 6,778. On the futures marke…

APRA drops Westpac (ASX:WBC) money laundering investigation: Aus market gains 0.8% over week

12 Mar 2021 - It’s been a strong week for the Australian share market. While rising bond yields stunted growth stocks mid-week, the recovering domestic economy helped drive gains. …

Coles (ASX:COL) shares fall as revenue increases: ASX closed 0.5% lower

17 Feb 2021 - At the closing bell the S&P/ASX 200 index closed 32 points down, or 0.5% lower to finish at 6,885. Shares in Evolution Mining (ASX:EVN) are down today despite their B…

Gold miners take a tumble: ASX closed 0.9% higher

03 Feb 2021 - The local sharemarket closed 0.9% higher or 62 points up to 6,825. Gold miners, Northern Star (ASX:NST) and Newcrest (ASX:NCM) shares fell today and Amcor (ASX:AMC) s…

High court dismisses Westpac appeal on financial advice: ASX tracking 1% higher at noon

03 Feb 2021 - The local sharemarket is up 1% or 70 points higher to 6,833. The SPI futures point to a rise of 77 points. Amcor (ASX:AMC) shares did well today after they upgraded t…

Banks and iron ore miners offset energy losses, December trade surplus up $7.4b: ASX up 0.4% at lunch

25 Jan 2021 - The local sharemarket is up 0.4 per cent or 27 points to 6828 as we head into afternoon trade. On the futures market the SPI is 25 points higher. Iron ore miners are …

Best and worst performers in 2020, Westpac analysis, buy and write

13 Jan 2021 - Fund Manager Chris Pedersen discusses the best and worst performers of 2020, compares the Australian share market globally, provides a macro market overview, and anal…

Iron ore miners and Metcash rally: ASX closes 0.6% higher

07 Dec 2020 - The local sharemarket has advanced for its fifth straight session as strong iron ore prices lifted the mining sector and Metcash jumped by over 10 per cent on strong …

Westpac (ASX:WBC) to sell pacific businesses to Kina Securities

07 Dec 2020 - Westpac (ASX:WBC) will sell its Pacific businesses – Westpac Fiji and Westpac’s 89.91% stake in Westpac Bank PNG Limited – to Kina Securities for up to $420 million.

Iron ore price surges to 7 year high: ASX closes 0.4% higher

03 Dec 2020 - The Australian share market rose at the open, saw a dip at lunchtime trade and closed 0.8% higher. The iron ore price pushed shares in Fortescue Metal (ASX:FMG) highe…