The ASX 200 (INDEXASX: XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 0.77% on Monday.
Australian Dollar ($A) (AUDUSD): 69.68US cents
Dow Jones (DJI): up 0.44%
Oil (WTI): $US59.06 per barrel
Gold: $US1,388 per ounce
ASX Sharemarket News
In ASX sharemarket news, Afterpay Touch Group Ltd (ASX: APT) could be a big mover again today as the buy now, pay later business goes through a period of volatility.
The company is going through an AUSTRAC-required audit and the market learned last week that Visa will be launching its own payment instalment service.
Since 3pm on Friday the Afterpay share price has fallen 14.5%, so who knows what will happen today? The global share market is rising on potential for the trade war to end, which could boost Afterpay.
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Blackmores Limited (ASX: BKL) has announced who the new chief executive officer will be.
The vitamin company has chosen Alistair Symington as the new CEO and Managing Director. He has worked at Nestle, Gillette, Proctor & Gamble and Coty.
Blackmores Chairman Brent Wallace said: “Alistair brings the right mix of knowledge, experience and skill that is required to drive the Blackmores Group’s growth strategy and seize on the opportunities available to our business across the APAC region.
“Alistair has extensive sales and marketing background in the FMCG (fast moving consumer goods) category and importantly, he has significant in-country Asia and China experience including cross border e-commerce and retail.”
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Creso Pharma Ltd (ASX: CPH) has announced it has begun revenue generation from Canadian cannabis sales.
The company’s initial invoice from the multi-year agreement was for CDN$150,000. It’s expected to generate more than C$5 million for the balance of the year.
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