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 Are the Bubbles of Crypto Currencies Busting?
Cryptocurrency

 Are the Bubbles of Crypto Currencies Busting?

Source: Wit Olszewski, Shutterstock Summary Ethereum has broken the major support zone on the daily chart and delivered an impressive return of ~273 percent in the last three months. Now the Ethereum prices are trading near major hurdle around...

ASX 200 Posted Gains under 1.0% led by Healthy GDP Quarterly data
Market Updates

ASX 200 Posted Gains under 1.0% led by Healthy GDP Quarterly data

Copyright © 2021 Kalkine Media Pty Ltd. On 03rd March 2021, the equity market of Australia marched northwards. ASX 200 settled in green and surged by 0.82% to 6818.0. On the same day, Basic Materials sector and Financials sector soared by 2.98%...

How Bond Yields are Driving the Forex Market
Forex/Currency

How Bond Yields are Driving the Forex Market

e Australian dollar. The bond market has begun to recover from the recent market sell-off, inducing a fall in the US Treasury yields. Last week, the sudden rise in the US bond yields soothed the enthusiasm of stock participants around the world,...

  • March 03, 2021 08:20 PM AEDT
  • Damini
Australian GDP growth smashes 60-year record, economy picking up steam
Economy

Australian GDP growth smashes 60-year record, economy picking up steam

Source: patpitchaya, Shutterstock Summary Australian GDP rose by 3.1% during the December quarter, beating previous expectations by a large margin. The ABS reports that it was for the first time in 60 years that see GDP growth exceeded 3% for tw...

Do you know about this dividend-paying ASX penny stock?
Penny Stocks

Do you know about this dividend-paying ASX penny stock?

Source: Vadi Fuoco, Shutterstock   LaserBond may assess inorganic growth opportunities for its services division. The management remains committed to clocking $40 million in revenue by FY22. Further, the company raised the interim dividend by ...

Five Dividend Stocks With Over 7% Yields
Penny Stocks

Five Dividend Stocks With Over 7% Yields

Dividends may be one of the top priorities for investors to consider before investing in a stock. High-yield dividend stocks offer higher chances of growth in the coming years. Well-established blue-chip companies may not experience a lot of price...

BPH Investee Advent Commissions Environmental Review, BPH Tastes an Eventful Half-Year
Sponsored

BPH Investee Advent Commissions Environmental Review, BPH Tastes an Eventful Half-Year

Days after BPH Energy Limited’s (ASX:BPH) investee Advent signed a Preliminary Well Services Agreement with Add Energy for Baleen well program, the latter has commissioned Xodus Group to conduct a preliminary environmental screening evaluatio...

  • March 03, 2021 06:51 PM AEDT
  • Damini
Imugene (ASX:IMU) Continues to Develop B-Cell Vaccines and Oncolytic Virotherapy in 1H FY21
Sponsored

Imugene (ASX:IMU) Continues to Develop B-Cell Vaccines and Oncolytic Virotherapy in 1H FY21

Imugene Limited (ASX:IMU) enjoyed an eventful first half of FY 2021, advancing the development of its B-Cell vaccines and oncolytic virotherapy CF33. The Company experienced substantial growth and transformation in its deep product pipeline during ...

  • March 03, 2021 06:46 PM AEDT
  • Damini
Cipla Join Hands With Alvotech For Distribution Of Medicines in AU and NZ
World News

Cipla Join Hands With Alvotech For Distribution Of Medicines in AU and NZ

Source: funnyangel, Shutterstock  India’s leading pharmaceutical company, Cipla notified on 2 March 2021 that its subsidiary Cipla Gulf FZ LCC (popularly known as Cipla Gulf) has entered a strategic alliance with Iceland domiciled Alvotec...

Rio Tinto’s (ASX:RIO) chairman to resign following stakeholders’ uproar
Stock Market

Rio Tinto’s (ASX:RIO) chairman to resign following stakeholders’ uproar

Source: Andriy Solovyov, Shutterstock Summary Rio Tinto’s chairman, Simon Thompson, has decided to step down from his current position due to the growing pressure from investors and Aboriginal groups. The Company wants to rebuild its rel...

Which stocks led ASX higher today?
Stock Market

Which stocks led ASX higher today?

Source: katjen, Shutterstock Australian markets closed slightly higher, led by cyclical stocks. Gold stocks that were significantly down recently led the rally in the benchmark index on Wednesday. ASX 200 index added 55.7 points or 0.82% to close at...

Carawine Resources’ (ASX:CWX) Shares Soar on High-Grade Intersections at Hercules
Stock Market

Carawine Resources’ (ASX:CWX) Shares Soar on High-Grade Intersections at Hercules

Source: Panksvatouny,Shutterstock Summary Carawine Resources has reported outstanding assay results from the last drill hole at the Hercules prospect. The last drill hole returned the highest grades to date with multiple lodes repeated. ...

Payroll jobs fall in Victoria, Western Australia;Frydenberg bats for high GDP numbers
Economy

Payroll jobs fall in Victoria, Western Australia;Frydenberg bats for high GDP numbers

Source:Wright Studio ,Shutterstock Summary The payroll jobs increased in all states except Victoria and Western Australia in the fortnight to 13 February 2021 due to the coronavirus-induced restrictions.  While the payroll jobs fell by 0....

  • March 03, 2021 04:16 PM AEDT
  • Ashish
Which Stocks Are Searched By The Retail Investors For investment?
World News

Which Stocks Are Searched By The Retail Investors For investment?

Source:Mihai_Andritoiu,Shutterstock The retail activism on the US stock exchanges has continued into March as well. It all started with GameStop Corp (NYSE:GME) in January but has not stopped there. Source: © Brodogg1313 | Megapixl.com The ...

ASX in green, has the GDP News Cheered Australian Investors?
Stock Market

ASX in green, has the GDP News Cheered Australian Investors?

Source:Phongphan ,Shutterstock ASX 200 has held its gains in the afternoon today. Australian bond yields are tracking lower today, while information technology sector is also lower. Australian markets are trading higher today. Most of the markets ...

St Barbara (ASX:SBM) Ropes in Macmahon Holdings for Mining Services at Gwalia
Stock Market

St Barbara (ASX:SBM) Ropes in Macmahon Holdings for Mining Services at Gwalia

ed to generate revenue of $500 million in the next five years for Macmahon. In an upbeat market update, ASX-listed gold explorer St Barbara Limited (ASX:SBM) has unveiled the appointment of an underground mining contractor for the Gwalia mine at...

Lake Resources (ASX:LKE) Appoints Financial Advisors to Advance Kachi Project
Sponsored

Lake Resources (ASX:LKE) Appoints Financial Advisors to Advance Kachi Project

Source:Jason Benz Bennee,Shutterstock Summary Lake Resources has been working in collaboration with several industry players to support the development of high-purity lithium from the Kachi Project. LKE has engaged two joint financial advisors...

Housing prices in Australia highest in 13 years
Economy

Housing prices in Australia highest in 13 years

he HomeBuilder grant, as well as record-low interest rates, led to the housing sector boom. The Australian housing market hit the headlines Wednesday as it saw the highest monthly price surge since 2003. House prices went up 2.1% in February aft...

Why are Australian Primary Hemp (ASX:APH) shares on a roll today?
Stock Market

Why are Australian Primary Hemp (ASX:APH) shares on a roll today?

Source: Olena Yakobchuk ,Shutterstock Summary Australian Primary Hemp enters into an agreement with Australia’s largest grocery stores for the commercialisation and distribution of its plant-based products. Elephant ‘mylk&rsqu...

How Citigold Corporation (ASX:CTO) plans to cash in on gold bull run?
Sponsored

How Citigold Corporation (ASX:CTO) plans to cash in on gold bull run?

r. The Charters Towers Gold Project is ready to commercialise production. The recent gold rally has caught the eye of the investors and has reinforced their confidence in the safe haven asset. The gold miners benefitted significantly from the g...

Electric Vehicles: 6 Stocks To Watch Out For in 2021 Apart From Tesla
World News

Electric Vehicles: 6 Stocks To Watch Out For in 2021 Apart From Tesla

Source: Smile Fight,Shutterstock Tesla Inc (NASDAQ:TSLA) is the highest-selling EV brand in the world, and an investor’s favourite. Tesla stock has risen 370% in the past year.  On 2 March, Tesla last traded at US$686.44, declining b...

Ant Group Rekindles IPO Hopes
World News

Ant Group Rekindles IPO Hopes

Source: VideoFlow,Shutterstock Summary Ant Group is working towards a short-term liquidity solution for employees. The top management has confirmed its intention of getting the company listed after resolving issues with authorities. ...

Chinese hackers breach Microsoft email security
World News

Chinese hackers breach Microsoft email security

Source:Volodymyr,Shutterstock   Summary Microsoft confirms of being targeted by supposedly a state-sponsored hackers’ group from China. In an attempt to conduct cyberespionage, hackers exploited the flaws in Microsoft email sof...

Why are ASX healthcare stocks Orthocell and Starpharma on watch today?
Stock Market

Why are ASX healthcare stocks Orthocell and Starpharma on watch today?

Source: Voronin76,Shutterstock Summary World-leading regenerative medicine company Orthocell revealed that CelGro® Dental was included on the Australian Prostheses List. Additional antiviral testing proved that Starpharma’s anti...

Why penny stocks can be a rewarding option
Stock Market

Why penny stocks can be a rewarding option

Source: ShutterstockProfessional ,Shutterstock Summary Even as penny stocks are considered highly speculative, several stocks have given multifold returns in just a few months. However, investors must invest with caution in these stocks b...

  • March 03, 2021 01:20 PM AEDT
  • Ashish
5 penny stocks outpacing the market today
Stock Market

5 penny stocks outpacing the market today

Source: ShutterstockProfessional ,Shutterstock Summary Brookside Energy has shot up by 27.27 per cent to A$0.014, clocking a volume of over 82 million shares. Vital Metals’ appointment of rare earths expert Mr George Bauk seems to h...

  • March 03, 2021 01:15 PM AEDT
  • Aayush
Nine Entertainment Co. (ASX:NEC) Welcomes Stan’s Mike Sneesby as New CEO
Stock Market

Nine Entertainment Co. (ASX:NEC) Welcomes Stan’s Mike Sneesby as New CEO

Source: giggsy25,Shutterstock Summary Nine Entertainment Co picks up new CEO, Mike Sneesby after current CEO, Hugh Marks decided to step down. Following the news, the company’s share prices reached an all-time high at AUD3.11 per sh...

PSC Insurance (ASX:PSI) spreads its wings in the commercial broking space
Stock Market

PSC Insurance (ASX:PSI) spreads its wings in the commercial broking space

Source:crystal51 ,Shutterstock Summary PSC Insurance Group Limited has signed deals to acquire two UK-based commercial broking businesses, Trust Insurance Services and Abaco Insurance Brokers. The Group aims to expand its presence in the comme...

Australian Potash (ASX:APC) to Fire Up Lake Wells with NAIF Facility
Stock Market

Australian Potash (ASX:APC) to Fire Up Lake Wells with NAIF Facility

 Source: Peshkova,Shutterstock Summary Australian Potash (ASX:APC) is set to receive a A$140mn loan facility from the NAIF. The facility will be used to advance the Lake Wells Sulphate of Potash (SOP) Project. The long-life, low-inv...

Australian Strategic Materials’ Scoping Study demonstrates robust economics for the Korean Plant
Stock Market

Australian Strategic Materials’ Scoping Study demonstrates robust economics for the Korean Plant

Feature image source: © Robertohunger | Megapixl.com Summary Australian Strategic Materials (ASX:ASM) has successfully completed an initial scoping study for its proposed 5,200tpa Korean Metals Plant. The plant would produce high-quality ...

Here’s why MGC Pharmaceuticals (ASX:MXC) is trading higher today
Stock Market

Here’s why MGC Pharmaceuticals (ASX:MXC) is trading higher today

icals’ share price is trading 2.5 per cent up at A$0.082 (as at 11:08 AM AEDT). On 3 March 2021, MGC Pharmaceuticals Limited (ASX:MXC) announced that it has received a materially increased initial purchase order from Swiss PharmaCan AG of ...

  • March 03, 2021 11:28 AM AEDT
  • Aayush
Fremont Petroleum (ASX: FPL) strategically well positioned to take advantage of the strengthening WTI oil price
Sponsored

Fremont Petroleum (ASX: FPL) strategically well positioned to take advantage of the strengthening WTI oil price

Source: © Jimsphotos | Megapixl.com Summary Fremont Petroleum is a US-focused oil and gas company, expanding its horizon in a strengthening crude price environment. The Company’s key assets are located in Kentucky, Illinois, Indiana...

Horizon Minerals’ (ASX:HRZ) golden run continues with high-grade results at Peyes Farm
Sponsored

Horizon Minerals’ (ASX:HRZ) golden run continues with high-grade results at Peyes Farm

Source: QiuJu Song,Shutterstock Summary Horizon Minerals wrapped up the infill and extensional drilling Peyes Farm gold project, returning robust results.  The latest assay results will underpin the compilation of an updated MRE expected ...

88 Energy (ASX:88E) Continues Mobilisation of Drill Rig Despite Weather Hitches
Sponsored

88 Energy (ASX:88E) Continues Mobilisation of Drill Rig Despite Weather Hitches

Source: Krunja,Shutterstock Summary 88 Energy Limited is continuing with the mobilisation of Rig 111 to the Merlin-1 well for the scheduled spud of the well. 88E has reported minor delays in the mobilisation of the Rig 111 and looks forwa...

ASX 200 opens higher; Q4 GDP data to be released today
Stock Market

ASX 200 opens higher; Q4 GDP data to be released today

The market would be keenly tracking the fourth quarter GDP data to be released today. The Australian equity benchmark ASX 200 on Wednesday opened higher, up 15 points or 0.22 per cent to 6,777.30, even as the US stocks plunged overnight on conce...

  • March 03, 2021 10:08 AM AEDT
  • Ashish
Here’s why Strandline Resources (ASX:STA) should be on investors' radar
Stock Market

Here’s why Strandline Resources (ASX:STA) should be on investors' radar

Source: Jose Luis Stephens,Shutterstock Summary Strandline Resources announced the final bidding offtake agreement for its Coburn project. The company would now secure more than 90 per cent of Coburn’s forecast revenue via these lon...

  • March 03, 2021 09:32 AM AEDT
  • Aayush
What’s behind SECOS’s (ASX:SES) healthy earnings in 1HFY21
Stock Market

What’s behind SECOS’s (ASX:SES) healthy earnings in 1HFY21

reased demand, which would enable an extra US$3 million annual compostable bag sales. SECOS Group Ltd (ASX:SES) on Wednesday announced robust earnings for the first half of FY21. The developer and manufacturer of sustainable packaging materials ...

  • March 03, 2021 09:11 AM AEDT
  • Ashish
ASX 200 update: Everything you need to know before the market opens
Stock Market

ASX 200 update: Everything you need to know before the market opens

Source: Passion Images,Shutterstock Summary On Wednesday, ASX 200 is likely to open 0.3 per cent or 17 points higher. Crude oil is down for the third straight day. After a losing streak of 5 days, gold has finally rebounded for the lower...

  • March 03, 2021 09:06 AM AEDT
  • Aayush
Why Metals Australia (ASX:MLS) is set to acquire Nepean south nickel mine project
Stock Market

Why Metals Australia (ASX:MLS) is set to acquire Nepean south nickel mine project

ject is considered both highly prospective and underexplored for both gold and nickel. Metals Australia Ltd (ASX:MLS) on Wednesday announced that it would acquire a complete stake in Nepean South Nickel Mine situated in Western Australia. Auroch...

  • March 03, 2021 09:01 AM AEDT
  • Ashish
US Stocks End Lower On Lingering Worries Over Volatility, Recovery
World News

US Stocks End Lower On Lingering Worries Over Volatility, Recovery

Source: Sodel Vladyslav,Shutterstock Summary S&P 500 dropped 0.81%, Dow Jones plunged 0.46%, and NASDAQ shed 1.69%. Most industry sectors that were up in the previous session declined on Tuesday. Ten-year US Treasury Bond yields dropped 2...

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