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Our prominent Live News section keeps the loyal reader base well acquainted with live and breaking stock market news, trending economic insights, and macro-affairs that impact the share market every day. Besides, there is a focus on the famous 3Cs of the market- commodities, currency, and cryptocurrency.

  • 27th Jan 09:58 PM AEDT

    No decision on ‘fully vaccinated’ definition as of now

  • 27th Jan 09:54 PM AEDT

    What’s pulling Life360 (ASX:360) share price to a 6-month low?

  • 27th Jan 09:42 PM AEDT

    Xref (ASX:XF1) reports 65% rise in revenue in FY22 second quarter

    Image source: © Bakhtiarzein | Megapixl.com

    Identity verification and reference checking platform, Xref Limited (ASX:XF1) shares updates for the second quarter for the financial year 2022.

    The unaudited results highlight the following numbers:

    • The sales reached AU$4.6, up by 71% within a year.
    • Gross revenue soared by 173% within a year, reaching the value of AU$1.1 million.
    • Cash surplus is AU$0.2 million during the quarter, and cash receipts are AU$4.7 million.
    • The marketing metrics improved significantly during the quarter and the digital acquisition of customers. As a result, the marketing spends reduced by 50% compared to pre-pandemic levels.
    • During the quarter, 13% of sales came from the clients who joined between FY14 to FY17, and 21.5% of sales came from clients who joined in FY2018.
    • Five weeks after the New Year and Christmas break, the company reported a 96% recovery in revenue due to credit usage.

    Meanwhile, XF1 shares closed at AU$0.710 with a market cap of AU$131.56 million.

  • 27th Jan 09:15 PM AEDT

    Telstra (ASX:TLS) on investors' radar. Here's all you need to know

  • 27th Jan 09:00 PM AEDT

    New Zealand approves Atomo’s (ASX:AT1) COVID-19 antigen test

    Image source: © Megabablo999 | Megapixl.com

    Atomo Diagnostics Limited (ASX:AT1) has received the New Zealand Ministry of Health approval for its COVID-19 antigen test under the NZ COVID-19 Public Health Response 2020.

    AT1 shares closed 12.5% higher at AU$0.225 per share today.

    The authorisation covers both self-test and professional use of the test.

    NZ District Health Board hospitals, the healthcare workforce, new businesses, Government agencies, and pharmacies can supply, distribute, and sell the test.

    The company had earlier negotiated a supply agreement with the US-based Access Bio to purchase up to 20 million COVID-19 rapid antigen tests during CY22 for sale in Australia and New Zealand.

  • 27th Jan 08:36 PM AEDT

    Felix (ASX:FLX) secures 3-year contract with GPT Group (ASX:GPT)

    Image source - © Ipopba | Megapixl.com

    Australian procurement management platform operator Felix Group Holdings Ltd (ASX:FLX) has signed a three-year contract with GPT Group (ASX:GPT).

    The scrip closed 7.14% higher at 30.0 cents on Thursday.

    GPT is now FLX’s first cornerstone customer in the real estate sector, reflecting FLX’s expansion into high-value industries.

    The company continues to gain solid traction of its enterprise procurement management platform across construction and engineering sectors.

  • 27th Jan 08:34 PM AEDT

     Why Woodside (ASX:WPL) share ended over 2% higher today

  • 27th Jan 08:25 PM AEDT

    Sportshero (ASX:SHO) launches eSportsHero Platform in Australia

    Image source - © Romankosolapov | Megapixl.com

    SportsHero Limited (ASX:SHO) has launched its gaming platform partnering with Australian esports tournament organiser, EGN Gaming.

    Meanwhile, the share closed 5.26% lower at 3.6 cents today.

  • 27th Jan 06:45 PM AEDT

    I Synergy (ASX:IS3) enters a deal with POSTech, shares close up

    Image source – © Kantver | Megapixl.com

    The shares of I Synergy Group Limited (ASX:IS3) closed 13.333% strong today after it announced that it has partnered with POSTech International Pty Ltd.

    IS3 announced today that it has signed a Share Purchase Agreement to acquire 100% of the issued capital of POSTech.

    As per the deal, IS3 will issue 55,000,000 fully paid ordinary shares to POSTech shareholders at an issue price of AU$0.036 per share. Meanwhile, the company will also issue 55,000,000 unlisted options to POSTech shareholders at an exercise price of AU$0.05 per share, which will expire after two years from the issue date.

    The company also intends to raise AU$992,010 via the issue of 27,555,838 fully paid ordinary shares upon settlement of the proposed acquisition and utilise nearly 80% of the funds to fund activities of POSTech.

    Moreover, IS3 will also pay 2,200,000 fully paid ordinary shares to the corporate advisor Ventnor Capital at an issue price of AU$0.001 per share.

  • 27th Jan 06:10 PM AEDT

    Aura (ASX:AEE) advances towards net-zero emission at Tiris

    Image source - © Taskomacic | Megapixl.com

    The ASX listed, Aura Energy Limited (ASX:AEE) has continued to advance towards net-zero emission uranium production at Tiris.

    AEE shares closed at AU$0.305 per share today.

    AEE has completed the initial study of Scope 1 and Scope 2 Greenhouse Gas (GHG) emissions which

    Wood Group Ltd undertook. The total baseline GHG emissions from Tiris DFS represented nearly 0.15% of the total GHG emissions of Mauritania, calculated at 16,600 tCO2e per annum.

    Aura's strong commitment towards the Environmental, Social and Governance (ESG) practices aim to provide long-lasting benefits through low emission uranium production at Tiris.

    The low emission uranium production also demonstrates nuclear energy's sustainability and emission reduction potential. Aura has progressed discussions with the Government of Mauritania, SOMELEC and UN partners for direct investment to offset residual emissions.

    Meanwhile, the study demonstrates a net-zero emission pathway for Tiris Project, and AEE plans to explore such optimisations developing the Tiris project.

  • 27th Jan 06:10 PM AEDT

    Premier Investment's (ASX:PMV) global sales hit A$769M, shares up

  • 27th Jan 03:06 PM AEDT

    Why are Centuria Capital (ASX:CNI) shares in limelight today

    Image source: © Pixel2000 | Megapixl.com

    Australian real estate funds manager, Centuria Capital Group (ASX:CNI) will be acquiring AU$202 million daily needs retail assets. This is an off-market retail opportunity in which Centuria is co-investing alongside the existing institutional mandate. 10.1 year Weighted Average Lease Expiry (WALE), and 100% occupancy is part of the portfolio.

    The transaction is a piece of Sekisui House’s AU1.1B master-planned mixed-use development in Queensland. It covers approximately 16,560 square meters of the retail facility along with office accommodation, wellness, and hospitality throughout five distinct buildings.

    The acquisition includes existing assets and assets that are yet to be constructed.

    In the three-phased acquisition, the first phase includes a retail mall, phase two comprises the ‘South Pavilion’, and phase three incorporates the former Peter’s cone factory.

    By early 2022 to early 2023, the assets will be settled.

    Meanwhile, CNI shares were trading 5.537% lower at AU$2.730 at 2:30 PM AEDT.

  • 27th Jan 03:00 PM AEDT

    Silver Lake (ASX:SLR) reports record production at Deflector

  • 27th Jan 02:46 PM AEDT

    OZ Minerals (ASX:OZL) records A$2.1B revenue in December quarter

  • 27th Jan 02:37 PM AEDT

    Why are Champion Iron (ASX:CIA), Nickel Mines (ASX:NIC) on investors’ radar?

  • 27th Jan 01:47 PM AEDT

    Evolution Mining (ASX:EVN) down 12%: Why this gold stock is falling?

  • 27th Jan 01:38 PM AEDT

    Harris Technology (ASX:HT8) boasts of retaining Number 1 seller ranking on Amazon AU

    Image source: © Aldanna | Megapixl.com

    ASX-listed eCommerce business, Harris Technology Group Limited (ASX:HT8) shared the quarterly activity report for the quarter ending 31 December 2021.

    • During the quarter, the company reported sales of AU$13.4 million, which is 40% higher than the previous year (AU$9.6 million). YTD revenue reached AU$28.5 million.
    • Harris Technology said that the marketplace sales during the retail events such as Boxing Day sales, Christmas, Cyber Monday and Black Friday were in line with the company’s expectations.
    • The company maintained its number 1 seller raking on Amazon AU. Not only this, but Harris Technology also reported a 100% positive feedback.
    • The inventory capacity improved by 50% with the consolidation of three smaller warehouses into a larger facility in Victoria. As of 31 December 2021, the inventory was AU$11.6 million, an 8% fall from the previous quarter.
    • Harris Technology recorded encouraging results from the household product category trial.
    • The outgoing cash flow stood at AU$2.3 million during the quarter.
    • AU$2.1 million was cash on hand.
    • The company liquidated ageing inventory during the quarter to shift focus towards higher-margin products.
    • As on 31 December 2021, inventory on hand was AU$11.6 million, an 8% fall from AU$12.6 million as of 30 September 2021.

    Despite 40% increase in sales revenue during the quarter, HT8 shares were quoted 21.506% lower, trading at AU$0.073 at 12:00 PM AEDT.

  • 27th Jan 01:37 PM AEDT

    ASX 200 falls; Evolution Mining, Codan top losers

    After opening on a strong note, ASX 200 soon returned in the red territory, with heavy losses by consumer discretionary, healthcare and tech stocks putting pressure on the domestic market. The benchmark index surged as much as 1.2% earlier in the opening trade, lifted by energy and utilities sector. Earlier US stocks fell after US Federal Reserve indicated it might raise interest rates in March and reiterated its stance of paring bond purchases.

    The index has lost 5.35% for the last five days. But it has gained 2.50% over the last 52 weeks.

    At 11:50 AM (AEST), the index was trading at 6.947.80, down 0.20%. The Australian markets were closed on Wednesday on account of a public holiday.

    Sectors were trading mixed. Seven of 11 sectors were lower today. Energy was the best performing sector, gaining 2.87% and rebounding from its recent decline.

  • 27th Jan 01:34 PM AEDT

    Plenti (ASX:PLT) records 135% year-on-year growth, shares soar on ASX

    Image source: © K6spm | Megapixl.com

    Investing platform and technology-led consumer lending provider in Australia, Plenti Group Limited (ASX:PLT) revealed its trading figures for the quarter ended 31 December 2021 – Q3 FY22.

    • Loan originations are up by 135% PCP (prior corresponding period), at AU$307.6 million during the quarter, and 20% higher than the previous quarter.
    • Loan portfolio reached AU$1,107 million, a 118% increase in PCP and 21% compared to the previous quarter.
    • As the company recorded over AU$100 million of funds and an AU$1 billion consumer loan portfolio in a month, Plenti assumed a leadership position in the fintech consumer lenders category.
    • The company marked its entry into the electric vehicle (EV) market during the quarter through EV specific loan offerings.
    • Westpac and Clean Energy Finance Corporation funded the strategic entry into the EV market.
    • During the quarter, Plenti maintained its credit performance.
    • 90+ day arrears were down to 20 basis points from 26 basis points in the previous quarter (30 September 2021).
    • In October, the company achieved cash NPAT profitability.

    Following the announcement, PLT shares were quoted 8.252% high, at AU$1.115 at 11:12 AM AEDT.

  • 27th Jan 01:17 PM AEDT

    ASX 200 to fall after Fed's policy statement

    The Australian share market is expected to fall on Thursday after US Federal Reserve indicated it might raise interest rates in March and reiterated its stance of paring bond purchases. Fed also raised concerns on rising local COVID-19 cases. On the other hand, tension between Russia and Ukraine pushed oil prices to highs not seen since 2014.

    According to the latest SPI futures, the ASX 200 is likely to open 0.5% lower. The benchmark index fell 2.5% to 6,961.6 points in the last session. The Australian markets were closed on Wednesday on account of a public holiday.

    After rising for most part of the day, the Dow Jones fell 0.38%, the S&P 500 declined 0.15%, and the NASDAQ ended flat.

    In its latest policy update, Fed signaled it is expected to hike interest rates in March. "With inflation well above 2 percent and a strong labor market, the Committee expects it will soon be appropriate to raise the target range for the federal funds rate," the Federal Open Market Committee said in a policy statement.

    Fed also informed that its policy-setting members had reached an agreement on shrinking its balance sheet. It said that the process may start sometime after interest hikes begin.