viewProactive Investors Australia

S&P/ASX 200 opens in the green and climbs straight through 6,200

ASX 200 is up 0.8% or 46.6 points higher to 6,227.3 points at 1.42pm.

new york streets with NASDAQ sign
The ASX has taken the US's lead from its strong Friday trading session

S&P/ASX 200 (INDEXASX:XJO) has opened strongly this morning reaching 6,234 at around 11.00am, up around 1%.

Toll road operator Transurban (ASX:TCL) is down 0.8% through the mid-afternoon after it was revealed its CEO sold $6.47 million worth of stock.

Meanwhile Afterpay (ASX:APT) is having a very strong day of trade reaching $22.59 just after lunch, up 7.8% on the day.

Afterpay shares have an all-time high of $23.00, reached in August 2018.

Pre-market: S&P/ASX 200 set to open moderately higher after strong US session Friday

S&P/ASX 200 futures are pointing to a moderately stronger open after a strong session to close the quarter in the US on Friday.

Both the S&P 500 Index (INDEXSP:.INX) and the Nasdaq Composite (INDEXNASDAQ:.IXIC) finished higher.

Uber competitor Lyft debuted on stockmarkets Friday in the US after an IPO of shares at $72.

Shares traded as high as $87 before closing at 78.29 representing a gain of 8.7%.

Trump calls out Fed for rising rates

President Trump also had a busy weekend on Twitter with perhaps his most interesting tweet calling out the Federal Reserve for mistakenly raising interest rates.



Transurban CEO sells $6.47 million of shares

One of the more interesting pieces of news to come out post-close Friday was the revelation that Transurban (ASX:TCL) CEO Scott Charlton had sold 500,000 shares on-market.

The average sale price of $12.94 amounts to gross proceeds of $6.47 million.

The disclosure notice said the sale was to fund impending tax and financial obligations, a common reason provided for large share sale transactions.

Quick facts: Proactive Investors Australia

Price: - -

Market: ASX
Market Cap: -

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...



Full interview: Meteoric Resources excited about 2020 program amid positive...

Meteoric Resources NL (ASX:MEI) managing director Andrew Tunks updates Proactive on why he believes Meteoric is so well positioned to reap positive gains from its 2020 exploration program. He talks about gold exploration being hot right now, with Australian and Brazilian gold prices at...

6 hours, 42 minutes ago

2 min read