Australian Unity fund to wind up after building sale
The listed office fund was once a takeover target, but now plans to quietly leave the ASX after selling its assets.
The listed office fund was once a takeover target, but now plans to quietly leave the ASX after selling its assets.
On a choppy day for the market, the ASX 200 traded relatively flat, thanks to a late market surge.
Symal Group will make its $437m ASX debut on Thursday, amid a $1.3bn pipeline of work underpinned by major government infrastructure projects.
MinRes to exit/unwind Chris Ellison-linked deals. Westpac pushes RBA rate cut forecast to May. Pinnacle hits record. Dec listing for HMC’s big data fund. Accent smashed after margin drop. Shares in GQG down as it ‘monitors’ Adani bribery charges. Bitcoin hits $US95k.
The ASX closed down on Wednesday as investors took advantage to take a profit following a record day of trading on Tuesday.
Australia’s stock market retreats from a record high, but CBA does it again with another record high close, Analysts unpack Amcor’s Berry buy. Freight issue risks Nick Scali profit. EV volatility hits PWR Holdings profit margins.
The ASX 200 is trading up 2.6 per cent for November during the traditionally strong trading period leading into the ‘Santa Claus’ rally in December.
The Sydney-based private equity firm is likely to turn its focus back to divestments after its latest $144m play for Close the Loop.
Despite incessant chatter otherwise, central banks don’t determine economies’ or stocks’ direction through their interest rate decisions.
ASX 200 soars to record high on large scale buying before a late selloff. RBA ‘vigilant’ on inflation risks. Goyder to chair Perron Group. TechOne hits record after profit jump on a strong day for tech stocks. CBA, Xero, WiseTech also hit records. Elders dives after capital raise. Santos buoyant on higher returns promise
The Christine Holgate-led management of Team Global Express made a guest appearance at the UBS investment conference to fund managers.
The ASX 200 rose slightly during Monday’s trading, pushed higher largely by Australia’s resource companies.
Sites ‘held for strategic reasons’ Woolworths tells ACCC. SafetyCulture CEO to step down. Queensland coal ‘sugar hit’ won’t last: BHP. Elders in $475m buy after missing profit expectations, CEO extends stay. ASIC sues NAB.
Trading on the ASX is poised to open lower on Monday on the back of Wall Street’s Friday fall, thanks to doubts about the timing of more US interest rate cuts.
The flip side of the argument in favour of US shares for Australian share investors is that our home market is now overvalued.
The ASX will vehemently defend legal action brought against it by the corporate regulator, denying it contravened the law in how it communicated to investors about its bungled CHESS upgrade.
The ASX 200 rose slightly during Friday’s trading, as the market had a benign broad based rally as Donald Trump announced more key appointments.
The share price of one of Australia’s ‘most hated’ stocks is rising after being revealed as one of the most sensational picks at the Sohn conference in Adelaide.
ASX recovers from fall this week. New MinRes, Chris Ellison revelations weigh. Brazil court clears BHP in dam collapse case. Sohn Hearts & Minds Conference attendees learn from global fund managers about future trends and their hottest stock picks. Follow here.
The Australian market is up for the first time this week due to the information technology and financial sectors.
Original URL: https://www.theaustralian.com.au/topics/asx/page/10