Business
Why ASX, Kogan, Myer, & Northern Star shares are dropping lower
In afternoon trade the S&P/ASX 200 Index (ASX: XJO) is on course to record a very strong gain. At the time of writing, the benchmark index is up 1.1% to 6,634.7 points.
Four shares that have failed to follow the market higher today are listed below. Here’s why they are dropping lower:
The ASX share price is down almost 2% to $77.84. Investors have been selling the stock exchange operator’s shares this week after it confirmed that ASIC is conducting an investigation into the ASX Trade outage on Monday 16 November 2020. ASX responded by saying that it acknowledges that this is appropriate given ASIC’s regulatory oversight.
The Kogan share price is down 4.5% to $16.54. This ecommerce company’s shares continue to slide as…
-
Noosa News21 hours agoWilliam Robinson dies aged 89
-
Noosa News22 hours agoAFL live updates: Gold Coast vs Essendon – blog, scores and stats
-
Noosa News22 hours agoTwo-time Archibald Prize-winning painter William Robinson has died, aged 89
-
General21 hours agoCalls for corruption probe into completion of mayor’s Surfers Paradise Bowls Club site purchase