Monthly Archives - December 2019

Asian markets close lower: ASX closes 0.1% higher

18 Dec 2019 - It was a flat lunchtime for the ASX but it managed to gain momentum and closed 0.1% higher. Cimic (ASX:CIM) shares have dropped despite their CPB contractors winning the $423m contract for Perth’s Metronet yesterday. Energy infrastructure business, APA Group (ASX:APA) has entered into a new gas transportation agreement on the East Coast Grid with AGL Energy (ASX:AGL).

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Australian leading index falls again: ASX tracking 0.1% higher at noon

18 Dec 2019 - The ASX has been on a rollercoaster ride so far this morning. It is now tracking 0.1% higher at noon. Shares in Oil Search (AX:OSH) have risen today after they reported they expect to start early engineering work in Alaska and a rise in resources. Codan (ASX:CDA) have made a good start to the first four months of the year, with Metal Detection and Communications sales exceeding expectations.

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Westpac (ASX:WBC) face shareholder class action

18 Dec 2019 - Westpac Banking Corporation (ASX:WBC) today confirmed that it has been served with a class action filed by Phi Finney McDonald on behalf of certain shareholders who acquired an interest in Westpac securities between 16 December 2013 and 19 November 2019.

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