LA Private

April 2023

Eight out of eleven sectors trading higher: ASX up 0.02% at noon

Stocks are fairly flat following overnight’s performance. Eight out of eleven sectors are in the green so far, as the S&P/ASX 200 is 0.02 per cent higher at 7,367 at noon. Santos (ASX:STO) is facing challenges with its $5.8 billion Barossa gas project in the Timor Sea, after an unexpected court ruling overturned its environmental

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Trading Tidbits: STO, BOQ

Updates Thursday from energy major Santos (ASX:STO), whose revenue is headed the wrong way, and Bank of Queensland (ASX:BOQ), who confirmed they are in the regulator’s sights. ………… The Russian boost to global oil and gas prices vanished for Santos (ASX:STO) in the three months to March with the country’s second-ranked energy giant revealing a

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Earnings results weigh on Wall Street: Tesla down 10%

Stocks dropped Thursday as Wall Street reacted to a mixed bag of corporate earnings, including disappointing results from Tesla. Investors also assessed fresh data that signalled a contracting economy. So far this earnings season, about 16 per cent of companies in the S&P 500 have reported results, with about 76 per cent beating EPS expectations,

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