S&P/ASX 200 rallies to 11.5 year high
The banks provided the market with the biggest boost, as the financial sector surged 5.9%.
Company
WESTPAC BANKING CORPORATION
ASX:WBC
With a strategic focus on Australia, New Zealand and the near Pacific, the Westpac Group provides a broad range of banking and financial services – including retail, business and institutional banking.
15 stories
Investments and investor services
S&P/ASX 200 surges higher led by banks on Coalition election upset
S&P 500 Index finished down 0.58% and the Nasdaq Composite finished down 1.04% last Friday.
Buy-now, pay-later stocks Afterpay and Zip Co hitting new all-time highs
Buy-now, pay-later (BNPL) stocks include Afterpay, Zip Co, and Splitit.
S&P/ASX 200 bounces back after a rally in the financial sector
ANZ gained 2.8% after investors reacted positively to the bank’s first-half results.
Investments and investor services
S&P/ASX 200 down 1.31% early afternoon on second worst day of 2019
Concerns of a global slowdown drag the big four banks, major miners and energy sector lower.
Hardware & electrical equipment
Janison Education wins material contract worth $4.2 million
It will impact services income in FY19 and platform income in FY20 and beyond.
RIU GoodOilConference notes build-own-operate planning trend then examines senior debt options
Westpac is expecting limited growth in mature markets, with countries such as India to emerge as growth markets as China matures.
RIU GoodOilConference acknowledges Trump effect on crude oil supply and emerging market factors
Westpac is expecting limited growth in mature markets, with countries such as India to emerge as growth markets as China matures.
RIU GoodOilConference Perth to open with financing perspective from Westpac’s Mark Beeley
The conference continues today, with highlights including a presentation from Santos on how becoming the lowest cost operator delivered growth to the company.
RIU GoodOilConference Perth attracts oil and gas plays on the hunt for juniors
Vertical Events’ managing director expects the conference might prompt some merger and acquisition activity.
Hardware & electrical equipment
Zip Co teams with Super Retail Group, the largest retailer to join its platform to date
Zip Co provides customers interest-free "buy now, pay later" options.
IVE Group pays fully franked dividend and continues rapid growth
Bell Potter has a price target of $2.70 and the stock last traded $2.16.
S&P/ASX 200 closes up 43 points after late afternoon jitters
Only one of the big four banks posted a gain while BHP and Rio led the way.
Westpac taps markets for $750 million of tier 1 capital
The regulator requires banks to hold tier 1 capital to maintain financial strength.
Telstra, Westpac, Kidman Resources, Artemis Resources, XJO and the day's other hot stocks
The days main market movers including 'pocket rocket' Artemis Resources