CSL looks set to win the race to the first $100 stock in recent years, surging nearly 3 per cent on Friday on news it has moved closer to acquiring Novartis' influenza business.

ASX in first monthly gain since February

Shares finished July on a positive note ahead of earnings season, recording their first monthly gain since February as investors found value in most sectors outside resources.

Sydney house prices jump 23pc in 2015

Financial institutions have raised investor interest rates this week but it comes at a time when prices have accelerated well above the norm...