Morning Report: ASX set to open lower
There were mixed fortunes for US and European stocks overnight. Europe was mainly higher with the Dax up 0.27% in the aftermath of German elections held at the weekend.
Read MoreThere were mixed fortunes for US and European stocks overnight. Europe was mainly higher with the Dax up 0.27% in the aftermath of German elections held at the weekend.
Read MoreThe annual loss was well telegraphed by Synlait, but not so the news of a new CEO; and that seems to have helped the shares rise yesterday to their highest level since early August.
Read MoreA two-day powwow is planned at Foxtel this week, ostensibly to discuss the company’s strategy moving forward. But the bigger question remains: Will News Corp float it or keep it?
Read MoreSigma Healthcare has come over the top of Wesfarmers and made a non-binding cash and share offer for rival chemist Australian Pharmaceutical Industries that seems to have grabbed the lead in the battle.
Read MoreAs VanEck’s Arian Neiron reports, the US stock market has inspired Australian investors to allocate funds to household names as well as diversify their portfolios to opportunities underrepresented in Australia.
Read MoreWith interest rates in low single digits, yield-hungry investors face the challenge of finding investment strategies that offer a satisfactory level of income. BetaShares’ Michael Brown has some suggestions.
Read MoreChina’s petulant ban on imports of Australian coking and thermal coal has come back to bite it hard with the country scrambling to avoid a second round of power shortages ahead of the northern winter.
Read MoreIn his weekly Bites column, David Bassanese from BetaShares gives us a rundown of what’s happening in markets, both local and global.
Read MoreFund manager James McDonald at the Pengana High Conviction Equities Fund provides insight into some of the current opportunities arising for the Fund.
Read MoreASX200 up 50 points (0.7%) to 7392. Fleetwood (+2.6%); has secured a $32m contract for the new 1000-bed Centre for National Resilience in Melbourne.
Read MoreRyan Skeen – CEO – First AU is an Australian focused exploration company with exciting gold and base metal projects in Victoria and Western Australia.
Read MoreSteve Orenstein – CEO – Zoom2u’s technology helps provide customers with faster deliveries and complete transparency. It removes the frustration of having no transparency or control of your delivery.
Read MoreThe Agency Group’s goal has been to support and add value to the day-to-day lives of clients interested in property and wealth creation.
Read MoreBrian Leedman – Non-executive Chairman – Nutritional Growth Solutions focuses research on the interaction between nutrition and growth in children.
Read MoreCatch up on the full webinar with presentations from First AU Limited (ASX: FAU), The Agency Group (ASX: AU1), Nutritional Growth Solutions (ASX: NGS) & Zoom2U Technologies Limited (ASX: Z2U)
Read MoreChina sent shock waves through global markets on Friday after its central bank issued an unexpected statement that said all cryptocurrency-related transactions are illegal and must be banned.
Read MoreAnother week where different commodities told differing stories to different listeners – oil rose after Hurricane Ida, iron ore steadied, gold fell on rate concerns, and copper edged higher.
Read MoreThe US government finance crisis moves into centre stage this week, along with the ongoing tribulations of Evergrande and of course the continuing battle again Covid Delta and its economic and social impact.
Read MoreAfter last week’s turbulence, markets are likely to close out the final week of the third quarter with another bout of volatility, with the Evergrande situation the driving – but not only – factor.
Read MoreWe understand you are busy and may not have been left with enough time to keep up with the quality content we’ve been bringing you throughout the week. So here it is in one handy location. You’re welcome.
Read MoreAMP’s Dr Shane Oliver suggests seven key things for investors to bear in mind in light of the recent pull back in investment markets and renewed uncertainty regarding the outlook.
Read MoreThe gods are smiling on our two big energy sector marriages – BHP selling its oil and gas operations to Woodside and its own shareholders, and the Santos swallowing of Oil Search.
Read MoreAfter a big PR campaign extolling its virtues as a major green player, BHP now wants to expand a coking coal mine in Queensland that is going to test those green credentials for both the company and regulators.
Read MoreIn the wake of this week’s Victorian earthquake and all the commentary it produced, not too many people remembered the smaller but much more damaging quake that battered Newcastle in December, 1989.
Read MoreThe commercialisation of space comes with unknown promise but known risks. Magellan Investment Specialist Michael Collins has a look at why those involved aren’t so easily deterred.
Read MoreThe world’s energy system is morphing into a higher renewables and efficiency phase with the back-up of transition fuels like natural gas. Analyst Lawrence Grech looks at what this means for the Oil and Gas sector.
Read MoreThe Australian sharemarket fell by ~0.3% on Friday, snapping a 3-day winning streak and dragging the market lower for a third straight week. Energy and bank stocks did best.
Read MoreShareholders in Vita Group are set to receive a special dividend of up to 45c a share thanks to the decision to sell its retail telco business to Telstra for $110 million.
Read MoreASX200 down 8 points (0.1%) to 7361. Oz Minerals (+1.7%); press speculation OZL may be among the bidders for Glencore’s Cobar Copper mine.
Read MoreThe Dow Jones index rose by 506.5 points or 1.5%. The S&P 500 index gained 1.2% and the Nasdaq index added 155 points or 1%.
Read MoreSandfire Resources has become the latest Australian miner to embrace the global renewables push with a company-transforming deal to buy a Spanish copper mining and processing business.
Read MoreThe market reacted favourably to strong earnings results from investment group Washington H. Soul Pattinson and its major shareholder Brickworks, pushing both companies’ shares higher on Thursday.
Read MoreNew Zealand’s global dairy giant Fonterra is looking at exiting Australia via a spin-off in a similar way to how Wesfarmers got rid of Coles and Woolies quit its Endeavour liquor and hotels business.
Read MoreRupert Murdoch’s News Corp has announced a $US1 billion program that will include the B Class voting shares, but will sterilise the existing stake of the family in the voting shares.
Read MoreSolomon Lew’s Premier Investments has announced a 97.3% jump in consolidated net profit after tax to $271.8 million for the 53 weeks ended July 31, and the market liked what it saw.
Read MoreWith a strong investment discipline and consistent approach, James Abela and Maroun Younes from Fidelity believe the global stage offers many opportunities to invest in tomorrow’s future leaders.
Read MoreThe Australian sharemarket rose for a 3rd day and had its biggest gain in close to two months thanks to a 1% lift for the ASX 200. All sectors improved, with tech and energy stocks rising most.
Read MoreThe Aussie sharemarket is lifting for a third consecutive day with the ASX 200 on track for its best daily performance since August 2. Gains have been broad with IT, energy & financials leading improvements while healthcare is dragging.
Read MoreASX200 up 69 points (0.9%) to 7365. Black Canyon (+11%); have confirmed strong zones of Manganese found at its Braeside and Oakover West operations.
Read MoreDespite the US Federal Reserve telegraphing its intention to raise rates in 2022, for Australian markets the big news overnight Wednesday was the surge in commodity prices, led by iron ore.
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