Monthly Archives: April 2018

Extending two weeks of gains: Aus shares close 0.5% higher

30 Apr 2018 - Market Wrap: ASX extends two week of gains and rises 0.5 per cent. The best performing sector was REITs or property, adding 1.8 per cent, the worst performing sector materials, shedding 0.1 per cent. Galaxy Resources (ASX:GXY) shone the brightest, up 6.3 per cent. Titomic (ASX:TTT) has appointed a global heavyweight’s executive, Gilbert Michaca as its new CEO to expand the company globally and its shares rise 2 per cent. Click for wrap of [...]

Good start to week: Aus shares 0.5% higher at noon

30 Apr 2018 - Market at Midday: Stockland Group (ASX:SGP) shares clocked up by 2.6 per cent after it advised it's on track to achieve its guidance with funds from operations to grow by 5 to 6.5 per cent on the full year, plus pay a distribution of 26.5 cents, that’s 4 per cent higher than FY17. Microequities Asset Management Group (ASX:MAM) started trading today with the fund manager issuing shares at a price of 80 cents. It now [...]

Wall Street wanes: Aus shares to open flat

30 Apr 2018 - Australian shares are set to open flat today following a lacklustre session in the US on Friday. After reporting strong results, tech giants including Microsoft, Intel and Amazon had a tough time holding on to gains with the Nasdaq closing the day flat. MYOB (ASX:MYO) has inked a deal with (ASX:RNT) which will give the rental website access to MYOB’s RentPay system and customer base.

Mustering up strength: Aus shares close 0.73% higher

27 Apr 2018 - Market Wrap: The ASX gained 0.73 per cent today, taking us back to where the ASX200 was on 6 November 2017. Producer Prices rose 0.5 per cent in the March quarter, beating expectations of a 0.4 per cent rise. Nanosonics (ASX:NAN) received US FDA clearance for its newest infection prevention device, and that news sent its shares soaring over 8.4 per cent higher.