ASX:MTS

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ASX:MTS

Property prices rose 0.8% in September quarter: ASX tracking 0.3% higher at noon

08 Dec 2020 - The ASX is now tracking 0.3% higher at noon. Shares in Link Administration Holdings (ASX:LNK) shot up today after they received a conditional, nonbinding indicative p…

Iron ore miners and Metcash rally: ASX closes 0.6% higher

07 Dec 2020 - The local sharemarket has advanced for its fifth straight session as strong iron ore prices lifted the mining sector and Metcash jumped by over 10 per cent on strong …

ASX up 0.7% at noon: Metcash and materials lead the way

07 Dec 2020 - The local sharemarket has pulled back slightly but is still higher on the back of rising iron ore prices and record highs on Wall Street. The S&P/ASX200 is up 44 poin…

Metcash (ASX:MTS) bounces back

07 Dec 2020 - Metcash (ASX:MTS) says its group earnings have increased by 30.4 per cent to $203 million for the first half of the 2021 financial year.

IPO frenzy: Aus shares close 0.3% higher

04 Dec 2020 - The ASX200 gained momentum throughout the day to close 0.3% higher, with investors choosing to pick up banks and energy stocks ahead of the weekend. That marks the fi…

RBA, Election, Focus on WBC, SDF, MTS

04 Nov 2020 - Fund Manager Chris Pedersen discusses the impacts of the RBA's cash rate cut, the US Federal Election and analyses WBC, SDF and MTS

RBA keeps interest rates steady at 0.25%: ASX closes 1.8% lower

01 Sept 2020 - It hasn’t been a great start for September for the Australian share market. After a drop at the open, the market failed to gain momentum, closing 1.8% lower. The Res…

Metcash (ASX:MTS) completes acquisition of Total Tools

01 Sept 2020 - Metcash (ASX:MTS) today announced that it has completed the acquisition of a 70 per cent interest in Total Tools Holdings.

Metcash's (ASX:MTS) acquisition of Total Tools not opposed

20 Aug 2020 - The ACCC will not oppose Metcash’s (ASX:MTS) acquisition of a 70 per cent majority interest in Total Tools Holdings, the franchisor of the Total Tools network.

JB Hi-Fi riding high on results: Aus shares 0.5 % lower at noon

17 Aug 2020 - The ASX has opened firmly lower with broad based losses across the majority of sectors, but materials and healthcare have managed to edge into the green. Financials a…

Shares in Resmed (ASX:RMD) take a dip: ASX tracking 0.7% higher at noon

06 Aug 2020 - The ASX shot up at the open and is now tracking 0.7 per cent higher at noon. Shares in Harvey Norman Holdings (ASX:HVN) are doing well today. Shares in Resmed (ASX:RM…

Metcash (ASX:MTS) set to buy 70% stake in Total Tools

27 Jul 2020 - Wholesale distribution and marketing company, Metcash (ASX:MTS) has penned a binding agreement to acquire a 70 per cent interest in Total Tools Holdings for ~$57 mill…

Broad rally on US markets, China up: ASX poised to open higher

07 Jul 2020 - Following a wide-ranged rally from US markets overnight, the ASX looks set to open higher this morning, despite the coronavirus continuing to hit the United States. W…

Metcash (ASX:MTS) posts loss for 2020 financial year

22 Jun 2020 - Metcash has posted a statutory loss of $56.8 million for the 2020 financial year. The loss includes an impairment to goodwill and other assets in the first half of 20…

Covid-19 Update, RBA Monetary Statement, China Economics, Deep Dive into Retailing

03 Jun 2020 - Fund Manager Chris Pedersen provides a Covid-19 update and discusses the RBA Monetary Statement, China economics, and retailing.

Energy sector drags on market: ASX closed 2.5% lower

20 Apr 2020 - The ASX has recorded its worst session in three weeks today closing 2.5% lower. Shares in Nine Entertainment (ASX:NEC) did well today as did Domain Holdings (ASX:DHG)…

Metcash (ASX:MTS) set to raise $330 million

20 Apr 2020 - Metcash (ASX:MTS) today announced the launch of an Equity Raising of up to $330 million through which Metcash is seeking to strengthen its balance sheet and enhance l…

Strong start stunted by trade data: Aus shares 0.1% higher at noon

07 Apr 2020 - The Australian share market rose at the open following positive leads from Wall Street. The S&P/ASX 200 index is tracking 0.1 per cent or 8 points higher at 5,294. Th…

Unemployment falls to 5.1%: ASX tracking 0.7% lower at noon

23 Jan 2020 - The ASX fell at the open and is now tracking 0.7% lower at noon. CIMIC Group (ASX:CIM) shares dropped today after they announced they will exit the Middle East expect…

Macquarie downgrades Magellan (ASX:MFG): Aus shares 0.5% higher at noon

17 Jan 2020 - The Australian share market is tracking 0.5% higher at noon. Macquarie has downgraded Magellan Financial Group (ASX:MFG) from a neutral to an underperform, with a 12-…

Resolute Mining (ASX:RSG) to sell Ravenswood Mine, gold miners leading the ASX charge toward 7000: Aus shares 0.4 % higher at noon

15 Jan 2020 - Australian shares have pushed higher to a new record in early trade despite a mixed lead from the US overnight. Shares in gold and base metals explorer Kalamazoo (KZR…