Two ASX penny stocks racing higher today

Highlights ASX small caps have shed a major chunk of gains from the morning session. AUQ and RBX are two of the top ASX gainers under AU$1. Due to less earnings visibility and higher stock volatility, investing in penny stocks is a relatively ...

ASX 200 falls on Fed’s rate hike update; Evolution Mining top loser

Highlights After opening on a strong note, the ASX 200 soon slipped back in the red territory. While the ASX All Ordinaries index was down 0.61%, the A-VIX shot up by 6.34%. Seven of 11 sectors are trading in the red so far today. After o...

ASX 200 to fall after Fed signals rate hike in March

Highlights The Australian share market is expected to rise on Thursday. According to the latest SPI futures, the ASX 200 is likely to open 0.5% lower. After rising for most part of the day, the Dow Jones fell 0.38%, the S&P 500 d...

Why WA’s border decision might hurt mining giants

Highlights Western Australia has indefinitely shut its borders due to rising cases of the Omicron variant of coronavirus. The state’s decision to shut the borders may worsen the challenges faced by the country’s mining industry. Va...

Three ASX BNPL player in focus amid Zip & Sezzle merger talks

Highlights Zip Co has confirmed to be in talks with Sezzle for a potential acquisition. Other BNPL shares such as LBY, DOU and IOU attracting investors attention, amid a buzz in the BNPL space. Investors must do their own due diligence before ...

ASX 200 falls 2.5%, inflation surges in Q4

Before we understand the market stance, an economic update was revealed today, that kept investors cautiously vigilant. Well, equity-market sell-offs time and again have been known to foreshadow economic trouble! Headline inflation jagged to 3.5% ...

Is tech sell-off impacting crypto prices?

Highlights The global crypto market has now shed over US$1 trillion in market capitalisation since record highs of November 2021. On Monday, Bitcoin hit its lowest level in six months. Tech stocks have faced the heat in the wake of rising bond...

Three ASX penny stocks showing strength today

Highlights Small cap stocks are in a free-fall mode and the ASX Small Ordinaries index has continued its losing streak for a fifth consecutive day. 1ST, RNO and BLU are some of the ASX penny stocks, showing strength in this bearish market envir...

ASX 200 plunges at open; Codan rallies over 16% amid 1H FY22 update

Highlights The ASX 200 plunged 0.99% or 70.8 pints to 7,070.3 in the first 15 minutes of trading. The sell-off on Wall Street worsened in the first half on Monday, however, stocks recovered sharply from the day’s lows by the closing. The...