Evening Report: Market finishes at record closing high
The Australian sharemarket continued to shrug off lockdowns with the ASX 200 hitting its 7th fresh record high in 8 days. CBA rose by 1.5%.
Read MoreThe Australian sharemarket continued to shrug off lockdowns with the ASX 200 hitting its 7th fresh record high in 8 days. CBA rose by 1.5%.
Read MoreIn his progression from student entrepreneur to founder of one of the world’s fastest growing online travel companies, 41-year-old Melburnian Adam Schwab has tackled plenty of business challenges.
Read MoreGenetic Signatures’ growth strategy is about building its customer numbers, the range of its proprietary tests for COVID-19 and a range of viral, protozoan, fungal and bacterial infections.
Read MoreHumanity has a profound demographic problem and it’s not overpopulation. On the contrary, men are becoming more infertile and the quality of their sperm is deteriorating, leading to health problems.
Read MoreWith electrification of the transport industry seen as a key part of the global journey to “net zero emissions” Australia’s electric motorcycle & moped company Vmoto could not be better placed.
Read MoreInnovation is critical for growth and according to Paul Niardone, Managing Director of The Agency Group (ASX: AU1), it sits at the core of the company’s business model.
Read MoreWestpac has hit its second money laundering problem in two years – this time in New Zealand where the key regulator has issued a formal warning to the bank for failing to report breaches of the country’s anti-money laundering law.
Read MoreASX200 up 3 points (0.4%) to 7596. Commonwealth Bank (+1.2%); FY net profit $8.65bn, +19.8% yoy. Dividend $2 vs $1.50 yoy. $6bn buy back. Lots of comments out there…..
Read MoreThe Dow Jones index rose by 163 points or 0.5% to record highs. The S&P 500 index rose by 0.1% to record highs. But the Nasdaq index lost 72 points or 0.5%.
Read MoreNot much of a surprise that the National Australia Bank’s July business survey has revealed a sharp slide in confidence and conditions, thanks to the continued lockdowns around the country.
Read MoreJames Hardie has upgraded guidance on strong growth expectations across North America, Asia Pacific and Europe for the current 2021-22 financial year, which ends next March.
Read MorePart One of Six in a video series with Schroders Australia Fund Manager Simon Adler, in which he breaks down the reasons behind Schroders’ recent rotation from growth to value.
Read MoreNo sign yet of a slowing in the pace of Chinese iron ore imports, even though the government continues to pressure steelmakers to keep crude steel output at 2020’s 1.065 billion tonnes.
Read MoreShareholders in Challenger, the country’s largest annuities provider, regained a dividend but lost a CEO in Tuesday’s full year results that were broadly in line with the guidance provided last month.
Read MoreJulian McCormack, Cameron Robertson and Charles Brooks from Platinum Asset Management discuss China’s recent policy initiatives and why Platinum continues to see opportunities.
Read MoreThe Australian sharemarket rose by 0.3%, hitting another all-time high and finishing at a record closing high on Tuesday. Lockdowns have yet to slowdown the local market.
Read MoreAustralia’s would be 4th domestic airline Regional Express (Rex) has warned that the continuing lockdown in NSW will add $3 million to its projected losses for the June 30 year.
Read MoreThe Australian sharemarket briefly hit its sixth record high in seven days on the open, with the ASX 200 only just hanging onto gains at midday.
Read MoreASX200 up 33 points (0.4%) to 7571. James Hardie (+4.1%); Cracking result. 1Q profit $121.4m vs $9.4m yoy. Raised FY guidance.
Read MoreThe midyear commodities boom has been well and truly pricked as prices of key products like oil, gold, silver, copper and iron ore continue to weaken.
Read MoreRail group Aurizon inched up its final dividend after reporting stagnant revenue and earnings for the 2020-21 financial year and forecasting not much of an improvement for 2021-22.
Read MoreIf investors are willing to expand their horizons, they stand a much better chance of meeting their investment goals. Here are three compelling reasons to go global and multi-sector.
Read MoreThe current spate of Covid-driven restrictions imposed on Sydney construction activity has forced Brickworks to cut production by around a third and stand down a number of manufacturing staff.
Read MorePayoff time for shareholders in financial services group Suncorp with a special dividend, share buyback and a final dividend revealed in yesterday’s 2020-21 results.
Read MoreOpposite tacks for Westpac and NAB on Monday, with the former offloading its Australian life insurance business and the latter buying Citibank’s domestic consumer arm.
Read MoreDespite a continued surge in covid infections and news of more travel curbs, along with a surprise jump in Chinese PPI, Monday saw markets in Hong Kong and China rise.
Read MoreThe Australian sharemarket finished completely flat on Monday after hitting its fifth record high in six sessions this morning.
Read MoreCatch up on the full webinar with a keynote presentation from NAOS Asset Management & presentations from Marley Spoon (ASX: MMM), Neurotech (ASX: NTI) & Actinogen Medical Limited (ASX: ACW)
Read MoreThe Australian sharemarket is up slightly at midday, lifting for a fourth day and hitting fresh record highs in the process. Strong gains from the financials are just enough to offset losses from mining stocks.
Read MoreSteven Gourlay – CEO & MD – Actinogen Medical is a biotechnology company developing an innovative treatment for cognitive impairment associated with neurological, psychiatric, and metabolic diseases due to raised cortisol.
Read MoreASX200 up 24 points (0.3%) to 7562. Gold; down 2.4%/ Silver -7% on bets the US may soon start tapering its asset purchases. EVN GOR NCM PRU RRL SLR all down 2% to 6%.
Read MoreToll road giant Transurban returned to profit in the year to June but the continuing lockdowns around the country have clouded the company’s start to the 2021-22 financial year.
Read MoreVIP Gloves is on target to continue its remarkable recent growth on the back of the re-opening of its Malaysian manufacturing facility and forecasts continued exponential growth in the global nitrile glove market.
Read MoreThe Dow Jones and S&P 500 indexes hit record highs while the Nasdaq eased from peak levels. A stronger-than-expected jobs report offset worries about the delta variant of Covid-19.
Read MoreA keynote presentation, will be provided by Rob Miller – Portfolio Manager at NAOS Asset Management
Read MoreAnother so-so monthly trade report from China – this time for the month of July – saw another solid rise in exports and imports but a small dip in the size of the surplus.
Read MoreRolf Weber – CEO – Marley Spoon is a global subscription-based meal kit service that is bringing delightful, market fresh and easy cooking back to the people.
Read MoreBrian Leedman – Non-Executive Chairman – Neurotech is focused on facilitating the development and commercialisation of solutions for the screening and treatment of symptoms associated with neurological conditions such as autism.
Read MoreConflicting news of record Wall St closes on Friday, sharp falls in gold and oil prices, a rise in US bond yields and a worsening in Covid infection numbers means an iffy start to the week is on the cards.
Read MoreWatch the share prices of local gold and oil companies today because they will come under a lot of downward pressure after global prices retreated on Friday – especially gold.
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