The APA Group [ASX:APA] share price are sliding after making a non-binding indicative proposal to acquire AusNet Services by way of a scheme arrangement for $2.60 per share in cash and scrip.
With the ASX looking increasingly volatile in a low interest rate environment, it is essential to stay up to date with the latest stock market news. But with more than 2,300 stocks on the ASX, it can be hard to sift through all the charts, data and announcements.
This is where The Rum Rebellion comes in.
In this section you can find all our ASX market updates. We look at the stocks that are making big moves and the sectors that are most critical to understanding the stock market. We look at gold stocks, iron ore miners, the energy sector to name a few – any sector that we think will give you edge.
The Latest ASX Market Updates, News & Announcements
We offer a different perspective here at The Rum Rebellion. You won’t get hype – just sound analysis that goes beyond the headlines. Investing is no either task either, so we try and get to the point quickly. We may be blunt at times, but by being direct we hope to cut through the flack so you can make informed decisions. By following our coverage here you could even latch onto a few portfolio gems, or avoid making a critical error.
Check out the latest ASX News, Announcements and Market Updates below:
The Transurban Group [ASX:TCL] share price is halted today pending an equity raising. Transurban seeks to raise $4.2 billion to acquire the remaining 49% equity stake in WestConnex from the NSW government for $11.1 billion.
Renowned investment bank Macquarie Group Ltd [ASX:MQG] is flying today.The $66 billion share price is trading 4.82% higher at time of writing…
The Washington H Soul Pattinson and Co [ASX:SOL] expects NPAT to jump from $170 million in FY20 to $316–336 million in FY21. The news wasn’t enough to send SOL share price higher, with Soul Patts…
The Wesfarmers (ASX:WES) shares slipped today despite posting a net profit after tax of $2.4 billion, and flagging a return of surplus capital to shareholders.
Origin Energy [ASX:ORG] shares are down today, following a sharp decline in statutory and underlying profits. ORG shares are currently trading at $4.21 per share, down 3.5%.
The CSL [ASX:CSL] share price is down today after they delivered a Net Profit of $2.375 billion. CSL share price opened at $293.64 and reached a high of $302.80…
The Santos [ASX:STO] share price fell on STO’s half-year results despite posting a sales volume half-year record of 53.8 million barrels of oil.
The Beach Energy [ASX:BPT] share price slumped today following the release of FY21 results. BPT shares are currently trading at $1.10 per share, down 8.93%.