Lunch Report: ASX Paused Due To Tech Issues
While the Aussie market surged by 1.2% in early trade following a positive lead from Wall Street, tech issues at the ASX forced a pause in trade at 10:24am AEDT.
Read MoreVideo
AM Report: S&P 500 Surges To Record
The US sharemarket rose by 1.4% on Friday, finishing at a record closing high. The concerning spike in coronavirus cases is being offset by vaccine optimism.
Read MoreEvening Report: Slow End To An Impressive Week For Shares
While the Australian sharemarket eased by 0.2% on Friday, it still rose by 3.5% this week and is up 8% so far this month on vaccine hopes and plans to reopen state borders.
Read MoreHidden Gems Webinar Recap – VMS, CGS, MHC, DSK
Catch up on the full webinar with presentations from Venture Minerals (ASX: VMS), Cogstate Limited (ASX: CGS), Manhattan Corporation (ASX: MHC) and Dusk Group Limited (ASX:DSK).
Read MoreManhattan Corporation Limited (ASX: MHC) – Hidden Gems Webinar Presentation
Presenter – Kell Nielsen – CEO – Manhattan Corporation Limited (MHC) is an Australian mineral exploration company focusing on uranium resource development. MHC’s flagship project is the Ponton project where MHC is drill testing and developing palaeochannel sand hosted uranium mineralisation.
Read MoreDusk Group Limited (ASX:DSK) – Hidden Gems Webinar Presentation
Presenter – Peter King – CEO – dusk is an Australian specialty retailer of home fragrance products, offering a range of dusk branded premium quality products at competitive prices from its physical stores and online store. dusk’s product range is designed in-house and is exclusive to dusk. dusk has grown to become the leading Australian omni-channel specialty retailer focused on home fragrance products.
Read MoreCogstate Limited (ASX: CGS) – Hidden Gems Webinar Presentation
Presenter – Brad O’Connor – CEO & MD – Founded in 1999 and listed on the Australian Securities Exchange in 2004, Cogstate (ASX.CGS) is a world-class neuroscience technology company optimising brain health assessments to advance the development of new medicines and to enable earlier clinical insights in healthcare.
Read MoreVenture Minerals (ASX: VMS) – Hidden Gems Webinar Presentation
Presenter – Andrew Radonjic – MD – Venture Minerals is striving to discover and develop world-class mineral deposits. The Company is currently exploring in Western Australia for Copper-Lead-Zinc at the Thor Prospect, Nickel-Cobalt at the Pingaring Project (adjacent and along strike to the Quicksilver Nickel-Cobalt discovery), Nickel-Copper (new target) at the Odin Prospect and Nickel-Copper-Cobalt at the Caesar Project.
Read MoreLunch Report: Market Slips For Second Day
The Aussie market is down by ~0.4% at lunch, slipping for a second day as America’s record lift in coronavirus cases is back in focus.
Read MoreAM Report: Winning Streak For Global Stocks Comes To An End
The ASX 200 is set to open lower on Friday, following in the footsteps of US markets overnight, which closed around session lows and ended a run of gains that saw the broader US market rise by 9% since the start of last week.
Read MoreEvening Report: First Fall In 6 Days
The Australian sharemarket fell by 0.5% on Thursday after five days of gains and stocks hitting eight-month highs yesterday. Energy, travel and shopping mall owners were mostly lower after surging on positive vaccine trial results on Tuesday.
Read MoreLunch Report: Market Takes Breather After Recent Surge
The Australian sharemarket is down by just 0.2% at lunch after hitting eight-month highs and lifting for five straight days partly thanks to vaccine hopes.
Read MoreAM Report: US Sharemarkets Were Mixed On Wednesday
Growth stocks outperformed value shares in an apparent shift back to the safety trade that has powered this year’s gains. Shares of technology companies rebounded – after being hit hard earlier this week – as investors bet that the US economic recovery will be slow due to the virus resurgence.
Read MoreEvening Report: Aussie Shares Hit Fresh 8-Month Highs
The Australian sharemarket has extended its winning streak to five days, with all sectors lifting strongly as Tuesday’s vaccine trial results continue to encourage.
Read MoreLunch Report: Aussie Shares Are Lifting For A Fifth Day
The Aussie sharemarket is remaining near eight-month highs and has surged by close to 6 percent over the past week. The ASX 200 is up 1.2 percent to 6,422 on Wednesday, with all sectors lifting strongly at lunch.
Read MoreAM Report: US Sharemarkets Were Mixed On Tuesday
Investors ditched growth stocks in favour of value stocks. Tech shares continued to retreat. Apple (-0.3%) introduced its first notebook computer with an Apple-designed microprocessor.
Read MoreEvening Report: ASX Extends Winning Run On COVID Vaccine Developments
The Aussie market has managed to close higher for a fourth session in a row as it again closes at the best levels since March. The ASX 200 index had popped 2.2% on the open on encouraging COVID-19 vaccine developments.
Read MoreLunch Report: ASX Rallies Further On Positive COVID-19 Vaccine News
The Aussie market continues to hit fresh 8-month highs as the ASX 200 pushes through 6,400 points at lunch. Positive news about a Pfizer vaccine trial has seen travel, banking, and energy stocks soar.
Read MoreAM Report: US Sharemarkets Rallied To Record Intra-Day Highs On Tuesday
A large-scale coronavirus vaccine study delivered promising results. US drugmaker Pfizer (+7.7%) and its German partner BioNTech (+13.9%) said data from the trial of their vaccine showed it was more than 90% effective in preventing COVID-19.
Read MoreEvening Report: The Aussie Market Powers To 8-Month Highs
The ASX 200 has continued its post-election rally with the index jumping 108pts or 1.75% to 6,298. The index also hit 8-month highs as investors continue to react to the news of Joe Biden as President-elect. Gains were rather widespread with miners helping drive broader market improvements.
Read MoreLunch Report: ASX 200 Hits Fresh 8-Month Highs
Gains have been widespread as every sector makes advances. Leading the charge have been the materials, IT and communications, all with improvements of at least 2%. Energy, financials and utilities are seeing the smallest lifts.
Read MoreHidden Gems Webinar Recap – S66, MEY, AU1, NC6
Catch up on the full webinar with presentations from Star Combo Pharma (ASX: S66), Marenica Energy (ASX: MEY), The Agency Group (ASX: AU1) and Nanollose Limited (ASX: NC6).
Read MoreStar Combo Pharma (ASX: S66) – Hidden Gems Webinar Presentation
Presenter – Su Zhang – Founder & MD – Star Combo Pharma is a leading manufacturer and distributor of premium health and natural beauty products, with its high quality development and manufacturing facilities located in Sydney, Australia. Founded and directed by pharmacists and experts in health and supplement manufacturing, Star Combo’s curated health products are made from natural ingredients backed with scientific Research and Development and the highest standard manufacturing practices.
Read MoreMarenica Energy (ASX: MEY) – Hidden Gems Webinar Presentation
Presenter – Murray Hill – CEO & MD – Marenica Energy Limited is an Australian Securities Exchange listed Uranium exploration company with significant resources and exploration potential, on which we are looking to leverage application of our patented beneficiation process U-pgradeTM. We plan to develop our own projects with particular focus on specific projects where U-pgradeTM significantly enhances the operations value by reducing CAPEX and OPEX and providing flexibility and optionality in project design and development.
Read MoreThe Agency Group (ASX: AU1) – Hidden Gems Webinar Presentation
Presenter – Paul Niardone – MD – Since we began as Ausnet in 1996, The 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. The Agency Group is a respected and growing group of highly awarded and successful experts in each of its divisions. We support clients at every stage of a property transaction while assisting them to create and protect wealth. At The Agency Group we believe that property should be the corner stone for wealth creation. We partner with clients on their journey, providing them with information and advice empowering them to make informed decisions that best suits their needs.
Read MoreNanollose Limited (ASX:NC6) – Hidden Gems Webinar Presentation
Presenter – Alfie Germano – CEO & MD – Nanollose is an innovative Australian company that uses an eco-friendly fermentation process to grow fibres that could become a sustainable alternative to conventional plant-derived cellulose fibres. The Company’s process, which uses streams from various large-scale industries like sugar, wine and food, has the ability to produce ‘Plant-Free’ Cellulose. Cellulose is the hidden polymer building block most consumers know nothing about, but forms a huge part of items used in their everyday life such as clothing, paper and hygiene products.
Read MoreAM Report: US Sharemarkets Were Mixed On Friday
US Senate Majority Leader Mitch McConnell said Congress should enact a smaller, targeted coronavirus stimulus package. At the close of trade, the Dow Jones index was lower by 67 points or 0.2%.
Read MoreEvening Report: Friday Advances See ASX Lift 4% Over The Week
The Aussie market has finished Friday’s session firmer with the ASX 200 adding 50 points or 0.8% to 6,190. This helped the index climb 4.4% for the week, the best in 4 weeks.
Read MoreLunch Report: ASX 200 Fading Towards Lunch
The index remains firmer and is 40 points or 0.67% at 6,180 around midday. Today’s gains are also adding to what has been a positive week for local shares with the Aussie market ~4% higher.
Read MoreAM Report: US Sharemarkets Rallied On Thursday
There were hopes that the winner of the US election would soon be determined with Joe Biden on the brink of claiming the presidency. Investors bought technology and healthcare firms on bets that a divided US Congress would mean no major tax hikes or regulatory changes that would derail the sectors.
Read MoreEvening Report: Market’s Third Gain In Four Days
The Australian sharemarket rose by 1.3% on Thursday, taking the gains for the week so far to 3.5% as US election counting continues.
Read MoreLunch Report: Market Surges As US Congress Divided
The Australian sharemarket is lifting by 1% at lunch despite some uncertainty surrounding the US Election.
Read MoreAM Report: US Sharemarkets Rallied On Wednesday
Investors concluded that neither US presidential candidate would have a mandate to implement significant changes, including changes on taxes. Healthcare rose 4.5% with technology up 3.9%.
Read MoreEvening Report: Market Flat As US Election Result Uncertain
The Australian sharemarket finished flat in volatile trade as votes continue to be counted in the US election. Banks and miners held the market back most.
Read MoreLunch Report: US Election Keeps Market On Edge
The Australian sharemarket has faded from a better start as the US election continues and results start to filter through.
Read MoreAM Report: US Sharemarkets Rallied On Tuesday
Investors hoped that a clear winner would emerge from the US presidential election and a contested result would be avoided. The lead for Democratic Party nominee Joe Biden in national opinion polls raised expectations for a decisive outcome.
Read MoreEvening Report: ASX Enjoys Best Day In A Month On RBA Cut
The ASX 200 had its best day in a month as investors reacted to today’s RBA rate cut. Gains were broad based with energy leading all sectors higher.
Read MoreLunch Report: ASX Jumps Ahead Of RBA & US Election
The Aussie market is building on yesterday’s gains with the ASX 200 climbing back above 6,000 points. Gains are broad based with the energy sector jumping most.
Read MoreAM Report: US Sharemarkets Rose On Monday
It was a choppy trading session as investors braced for Tuesday’s US presidential election. Mega cap technology shares slid with Facebook (-0.7%), Amazon (-1%), Apple (-0.1%) and Microsoft (-0.1%) all lower.
Read MoreEvening Report: ASX Lifts To Start A Busy Week For Financial Markets
The Aussie market is higher to start the week with financials playing a big part in the move higher. AMP jumped another 10% on further details of its proposed takeover while Westpac (WBC) fell after reporting a 62% slide in cash earnings.
Read More
