ASX 200 (XJO) To Open Higher, 3 ASX Shares To Watch

The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 0.36% on Thursday.

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The ASX 200 (INDEXASX: XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 0.36% on Thursday.

Australian Dollar ($A) (AUDUSD): 70.62US cents

Dow Jones (DJI): up 0.01%

Oil (WTI): $US55.76 per barrel

Gold: $US1,444 per ounce

ASX Sharemarket News

In ASX sharemarket news, major ASX bank National Australia Bank Ltd. (ASX: NAB) has chosen who its new CEO will be.

NAB has announced that Ross McEwan has been appointed as the new CEO of the bank.

Mr McEwan had been CEO of Royal Bank of Scotland since 2013 and had led the organisation through significant change and recovery according to NAB.

NAB Chairman-elect Philip Chronican said: “Ross McEwan is the ideal leader for NAB as we seek to transform our operations and culture firmly around leading customer service, experience and products.”

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Sydney Airport Holdings Pty Ltd (ASX: SYD) has released its traffic numbers for June 2019.

Domestic passengers fell by 1.6% to 2.1 million whilst international passengers grew by 1.1% to 1.3 million, meaning that total passengers fell by 0.5% to 3.4 million.

Sydney Airport CEO Geoff Culbert said: “Sydney’s top five fastest growing passenger groups over the month were Vietnam, Taiwan, Japan, USA and India, all recording double digit growth compared to June 2018.”

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Ellex Medical Lasers Ltd (ASX: ELX) has appointed an interim CEO and revealed a trading update.

Ms Maria Maieli has been appointed as the interim CEO, effective today, with Mr Ged Wallace informing the Board of his decision to resign.

In FY19 the preliminary results show that group sales were up 3% to $82 million. Excluding restructuring expenses, the underlying EBITDA (click here to learn what EBITDA means) loss is projected to be $0.7 million to $0.8 million.

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