Monthly Archives: September 2019

ASX gains for 4th week, Financials rise 2.7% this week: Aus shares gain 0.2% Friday, 0.3% on week

13 Sep 2019 - Aussie shares gain 22pts/0.3% on week. Westpac (ASX:WBC) shares hit a new year high yesterday $29.97. Rural Funds Group (ASX:RFF) files legal proceedings against Bonitas Research in NSW Supreme Court. JB Hi-Fi (ASX:JBH) shares hit a new all time high. ACCC proposes to Virgin Australia (ASX:VAH) to work more closely with Virgin Atlantic.

ECB cuts rates and introduces QE, Trump wants a trade deal: Aus shares rise for 3rd day, up 0.2% noon

13 Sep 2019 - Aussie shares rise as expected on ECB rate cut to -0.5% plus introducing €20b pm in QE. Trump wants full agreement to trade deal. Credit Corp (ASX:CCP) shares trade at new all-time high, Orica (ASX:ORI) at multi-year high. Westpac (ASX:WBC) trades at new year high, Citi says it's a 'buy' even though dividend to drop 10%. Pilbara Minerals (ASX:PLS) to raise $20m through SPP. Syrah Resources (ASX:SYR) clocks revenue.