Month: December 2018
We might finally be seeing some tentative signs of the elusive Santa Rally with the S&P/ASX 200 (Index:^AXJO) (ASX:XJO) index rebounding from early losses to trade up 0.3% at the time of writing. The market is being driven by headlines and not fundamentals as some of the most beaten down ASX shares are among the […]
Stock TPG Telecom (ASX: TPM) $6.54 as at 13/12/2018 Hutchinson Australia (ASX: HTA) $0.10 as at 13/12/2018 Telstra (ASX: TLS) $2.93 as at 13/12/2018 Event The telcos are struggling today after the Australian Competition and Consumer Commission (ACCC) put the TPG (ASX: TPM) – Vodafone Australia (50% owned by Hutchinson Telecommunications (ASX: HTA)) merger deal […]
Stock Sonic Healthcare (ASX: SHL) $21.39 as at 12/12/2018 Event The largest ASX-listed diagnostic imaging facilities group (Sonic Healthcare (ASX: SHL)) is about to get bigger after it went into a trading halt to announce a US$540 million ($750 million) acquisition and a large capital raising this morning. Sonic Healthcare Limited (ASX:SHL) struck a deal […]
Stock QBE Insurance Group (ASX: QBE) $9.94 as at 11/12/2018 Event The QBE Insurance Group Ltd (ASX:QBE) share price has slumped to a five-month low after the insurer issued an updated that the market has taken as a convoluted profit warning. The QBE share price tumbled 4.2% to $9.93 in morning trade – making the […]
Really bullish, there's more to go in the reflation rally
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