Articles On Eumundi Group (ASX:EBG)

Independent Queensland hotel operator Fortitudo Group has lifted the takeover price for pubs owner Eumundi Group (ASX: EBG) as promised to $80.6 million after announcing today that it has secured almost 70 per cent of its fellow Brisbane-ba...

  ASX slumps heavily after inflation data Australian inflation drops to 2.8pc, lower than expected Mining stocks rise while supermarket stocks struggle   The ASX trimmed its earlier gains following better-than-expected inflation figures....

Independent Queensland hotel operator Fortitudo Group is poised to double its portfolio of pubs, including the addition of prized trophy asset The Plough Inn at Brisbane’s Southbank, through a $77 million takeover of Eumundi Group. The off...

  The S&P 500 marked its second consecutive winning session on Tuesday as Wall Street worked to stabilise during a turbulent September. The broad market index gained 0.45 per cent, closing at 5,495.52, while the Nasdaq Composite rose 0....

The S&P 500 marked its second consecutive winning session on Tuesday as Wall Street worked to stabilise during a turbulent September. The broad market index gained 0.45 per cent, closing at 5,495.52, while the Nasdaq Composite rose 0.84...

  On Wednesday, the S&P 500 pulled back from a record reached in the previous session, as Nvidia cooled off from its red-hot rally. The broad market index slipped 0.19 per cent to close at 5,165.31, while the Nasdaq Composite lost 0.54...

Note: Figures recorded at 7:40am AEDT. Updated figures and a video recording will be available at 9am AEDT. The S&P 500 was lower overnight, pulling back from a record reached in the previous session, as Nvidia cooled off from its red-h...

  The Nasdaq Composite fell Tuesday after Oracle shares plunged on disappointing results, whilst Apple unveiled the new iPhone model. The Nasdaq slid 1.04 per cent to 13,773.61 in its first losing day in three. The S&P 500 dropped 0.57...

  The S&P 500 advanced Wednesday for a four-day winning streak, as investors assess new US economic data. The broad-market index climbed 0.38 per cent, surpassing the 4,500 level, to close at 4,514.87. The Dow Jones Industrial Average a...

ShareCafeRelease of February inflation data boosts US shares                    US stocks rose Tuesday as investors bet the risk of contagion following the closures of Silicon Valley Bank and Signature Bank has been contained. Traders...

ShareCafeS&P 500 closes lower as investors digest Feb’s losses                    The S&P 500 fell overnight, as traders struggled to recover their footing following a losing month and that bond yields have continued their cli...

ShareCafeMarkets rally ahead of US CPI data                    US equities were higher in uneventful Monday trading, ending just off best levels. S&P and Nasdaq both up for a fourth-straight day, extending last week’s rally that b...

ShareCafeSecond wave of European inflation on its way, as energy crisis sees costs spiral                    Stocks fell for a fourth straight day on Wednesday, the last day of August, putting the summer market comeback in doubt as in...

Finally… after 24 months Australia is about to welcome international tourists back as we reopen our borders in two weeks time. Following a briefing by the national security committee, PM Scott Morrison made the decision on Monday to allow f...

After several weeks where it appeared that the road out of COVID-19 was steady, the emergence of the omicron variant has given a new blow to travel stocks. After losing 1.7% on Friday, the ASX has lost another 1% today hitting a near six mo...

After a good start to 2021, the travel and tourism sector on the ASX has crashed back to earth in recent weeks, but perhaps investors have oversold it. The industry was rocked by the government’s budget assumption that international borders...

Australia’s tourism sector has received an additional $1.2 billion recovery package from the Morrison government and numerous tourist stocks are set to benefit. The JobKeeper program is ending on March 31 but with international borders stil...

Prior to COVID-19 a market wipe out was viewed as either an impossibility or an extreme scenario. But COVID-19 has caused just that: entire business models have been wiped out by COVID-19 from forced closures and border restrictions. ASX st...

It’s a bleak morning for ASX stocks in the tourism and China-focused sectors. A contravirus began in the Chinese city of Wuhan and while the city is now in lockdown mode, about 5 million people left beforehand due to the Lunar New Year holi...

About The Eumundi Group was incorporated in 1989 in Brisbane, Australia. The group has bifurcated its areas of business into two key verticals, i.e. Hotel Operations and Investment Property operations. The Hotel Vertical involves operation...

In the last 12 months, 9.36 million tourists have come to Australia for a holiday. According to the Australian Bureau of Statistics, China was the largest source (with 1.4 million), but a record number of Americans and Canadians also visite...