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Market Insights and Finance News

Fortescue jumps 5%, Tech stocks drag: ASX closes 0.3% lower
The Australian sharemarket improved in the afternoon session thanks to a lift in banks, miners and energy stocks. Despite the…
Stocks of the Hour: Ampol, Star Entertainment, Suncorp
Petrol giant Ampol (ASX:ALD) has finally won over its deal to acquire New Zealand’s Z Energy (ASX:ZEL), after months of…
Cimic's UGL (ASX:CIM) secures $135m in contracts
Cimic’s subsidiary UGL (ASX:CIM) has secured contracts in the resources and utilities sectors totalling $135m in revenue. The engineering company…
Fortescue (ASX:FMG) to execute Qld hydrogen investment
Fortescue’s (ASX:FMG) Future Industries (FFI) is set to build a renewable industry and equipment manufacturing centre at Gladstone, Queensland. FFI’s…
Suncorp (ASX:SUN) & IAG (ASX:IAG) battle business claims
Major insurers Suncorp (ASX:SUN) and Insurance Australia (ASX:IAG) have both provided updates on their “business interruption” cases, in relation to…
Ampol rises on Z Energy deal, Star tumbles 17%: ASX down 0.6% at noon
The Australian sharemarket has started the week in negative territory as health and tech stocks weigh on the index. At noon,…
The Star (ASX:SGR) to address allegation claims
Casino operator Star Entertainment (ASX:SGR) has responded to recent media reports, claiming that a number of allegations made against them…
Ampol (ASX:ALD) wins Z Energy takeover deal
Australian petroleum giant Ampol (ASX:ALD) has finally won over its deal to acquire New Zealand’s Z Energy (ASX:ZEL), after months…
Well Oiled – Part Two
Market analyst Regina Meani discusses Karoon Energy (ASX:KAR). Following our update on the Oil price last week we thought it…
Wall St falls, Platinum unveils $292m outflows, BHP rated as outperform: ASX to dip
U.S. and European markets closed lower on a mixed jobs report while London trade bucked the trend on a lift…
ASX holds lead, BHP & Rio advance: Aus shares gain 1.8% over the week
The Australian sharemarket continued to make ground in the afternoon session as miners lifted the local bourse. At the closing bell,…
Stocks of the Hour: Woolworths, Metcash & Sims
Woolworths (ASX:WOW) has settled the class action made against the company in 2019 regarding payment shortfalls to salaried team members.…
Sims (ASX:SGM) appoints Victoria Binns as non-executive director
Recycling company Sims (ASX:SGM) has appointed Victoria Binns as an independent non-executive director, following the retirement of Jim Thompson.  Ms…
Tech & miners lift ASX, EML Payments tumble: Aus shares up 0.7% at noon
The Australian sharemarket started strong and remained in positive territory thanks to miners and tech stocks. At noon, the S&P/ASX…
Metcash (ASX:MTS) to execute CEO transition
Metcash (ASX:MTS) will welcome Doug Jones from Massmart Wholesale to take over Jeff Adams role as CEO. The wholesaler and…

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