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A Quick Look at the Performance of ASX 200
Market Updates

A Quick Look at the Performance of ASX 200

Copyright © 2021 Kalkine Media Pty Ltd. On 13th April 2021, the equity market of Australia ended in green. ASX 200 surged marginally by 2.90 points and settled at 6976.90. On the same day, academic & educational services sector and consumer...

Spacetalk (ASX:SPA) at the forefront of the fast growing market for kids wearables
Sponsored

Spacetalk (ASX:SPA) at the forefront of the fast growing market for kids wearables

ners in the UK and the US’s go-to-market strategy, slated for CY2021. A market leader in connected kids and seniors wearables, Spacetalk Ltd (ASX:SPA) offers secure communication solutions for families to stay connected and protected. The ...

Regis Resources (ASX: RRL) Pens Deal to Acquire Stakes in Tropicana Project
Stock Market

Regis Resources (ASX: RRL) Pens Deal to Acquire Stakes in Tropicana Project

Source: Nordroden, Shutterstock Summary Regis Resources (ASX: RRL) has entered into an agreement with IGO Limited to acquire 30 per cent stakes in the Tropicana Gold Project. The acquisition will diversify the miner’s portfolio by adding...

How is Rio Tinto progressing? A snapshot of latest developments
Stock Market

How is Rio Tinto progressing? A snapshot of latest developments

Source: Mark Agnor, Shutterstock Summary Rio Tinto (ASX:RIO) has entered into an agreement with Turquoise Hill for the development of the Oyu Tolgoi mine. The miner has also increased the 2021 exploration budget and its stakes in the Citadel p...

With AC drilling complete, Krakatoa Resources (ASX:KTA) kicks off RC drilling at Rand
Sponsored

With AC drilling complete, Krakatoa Resources (ASX:KTA) kicks off RC drilling at Rand

Source: optimarc, Shutterstock Summary Krakatoa Resources Limited has concluded Air-Core (AC) drilling over the magnetic “bullseye” targets at the Rand Gold Project. Subsequently, a Reverse Circulation (RC) drilling program for ten...

Here’s why Walkabout Resources (ASX: WKT) shares traded 41% higher today  
Stock Market

Here’s why Walkabout Resources (ASX: WKT) shares traded 41% higher today  

Source: Sunshine Seeds, Shutterstock Summary Walkabout Resources (ASX: WKT) has secured a debt funding facility from a Tanzanian bank. The interim debt facility is a major milestone in the construction of fully owned Lindi graphite mine. With...

Why did National Tyre (ASX: NTD) share surge 22% today?
Stock Market

Why did National Tyre (ASX: NTD) share surge 22% today?

Source: Dusan Petkovic, Shutterstock Summary National Tyre has released an impressive trading update for FY21. FY21 Operating EBITDA is expected in the range of A$31 million to A$33 million. Balance sheet remains strong. The share price ...

GR Engineering (ASX:GNG) Secures EPC Contract for Norseman Gold Project
Stock Market

GR Engineering (ASX:GNG) Secures EPC Contract for Norseman Gold Project

Source: Roman Bodnarchuk, Shutterstock Summary GR Engineering has reached a contract with Pantoro for a gold processing unit on the Norseman Gold Project. Norseman Project is jointly operated by Pantoro Limited (50%) and Tulla Resources (50%) ...

Australian business confidence at record high; what does it mean for economy?
Economy

Australian business confidence at record high; what does it mean for economy?

as business confidence recovered sharply, measure of confidence slipped by 3 points. Amid the ongoing coronavirus pandemic, Australian business confidence hit its record high in March, indicating rapid economic recovery. The surge in business c...

  • April 13, 2021 04:23 PM AEST
  • Ashish
Zip Co zooms on ASX, Market trades flat at close
Stock Market

Zip Co zooms on ASX, Market trades flat at close

Source: Gsign76, Shutterstock On Tuesday, the benchmark index ASX 200 trades flat losing just -4.70 points. The index traded at 6969.30 points. By the end of the day’s trade, five sectors out of 11 traded in the green zone. Information...

What’s Making Australian Dollar Weak And NZD Firm?
Forex/Currency

What’s Making Australian Dollar Weak And NZD Firm?

Source: Atstock Productions, Shutterstock Australia’s slow vaccine roll-out had an impact on the investor sentiment and the Australian dollar opened lower on Monday. However, the NZ dollar remained unchanged. The Australian dollar was down by...

  • April 13, 2021 04:13 PM AEST
  • Manika
Top 5 ASX gainers of the day
Stock Market

Top 5 ASX gainers of the day

go and Gold Road Resources were top gainers of the day.  The Australian share market remained largely unchanged on Tuesday as the losses in the bank and mining sectors were counterbalanced by the technology and property sectors’ advan...

5 ASX penny stocks flying high today
Stock Market

5 ASX penny stocks flying high today

Source: Kris Patrick, Shutterstock Summary Octanex’s share price is on a tear today and has surged by a massive 66.6% to A$0.075 in today’s session. North Stawell Minerals has surpassed investors’ expectations with its progre...

  • April 13, 2021 03:16 PM AEST
  • Aayush
Why are shares of BNPL players SPT and Z1P on a high today?
Stock Market

Why are shares of BNPL players SPT and Z1P on a high today?

Source: leungchopan, Shutterstock Summary The BNPL space has developed significantly in the last couple of years, with big players like Afterpay and Zip Co growing over 550% since their respective listing. The sector has the potential to grow ...

Opinion: Banks may be reluctant lenders this year
World News

Opinion: Banks may be reluctant lenders this year

Representative Image: A still-life with a home loan mortgage application, home loan calculator on smartphone and keys. © Cammeraydave | Megapixl.com Banks across the world are more likely to be reluctant lenders in this calendar year, whic...

Uber clocks record bookings in March on vaccination boost
World News

Uber clocks record bookings in March on vaccination boost

Source: Viacheslav Lopatin, Shutterstock Summary Uber’s gross bookings touched record high in March as consumer demand revives. Mobility business’ annualised gross bookings crossed a $30 billion run rate, up 9% on a month-over-mont...

Troy Resources (ASX:TRY) back on track in March, beefs up gold production by 75%
Sponsored

Troy Resources (ASX:TRY) back on track in March, beefs up gold production by 75%

Source: Phawat, Shutterstock Summary After a weak December quarter, Troy Resources bounced back with 7,333 ounces of gold production during the March quarter. The Hicks 4 and Spearpoint mines are being used to supply the materials for pro...

Market by lunchtime: ASX 200 trades flat, Zip Co Zooms on good numbers
Stock Market

Market by lunchtime: ASX 200 trades flat, Zip Co Zooms on good numbers

Source: leungchopan, Shutterstock The benchmark index ASX 200 has managed to gain just 6.60 points by afternoon and traded at 6980.60. 7 of 11 sectors traded in the green, with IT being the best performing sector followed by A-REIT and other...

Two Australian healthcare penny stocks on watch today - UBI, AVE
Stock Market

Two Australian healthcare penny stocks on watch today - UBI, AVE

Source: Ratanapon Srisuneton, Shutterstock Summary Universal Biosensors has entered into exclusive agreements for the commercialisation and development of its biosensors. Avecho has received ethics approval to conduct an Australian Phase 1 cli...

Why investors should fix their gaze at Home Consortium (ASX:HMC)
Stock Market

Why investors should fix their gaze at Home Consortium (ASX:HMC)

Source: Sensay, Shutterstock Summary Home Consortium will target a model portfolio of assets via its proposed establishment of HealthCo. HomeCo is now targeting an initial equity raise of $1.0 billion, which is subject to market conditions. H...

  • April 13, 2021 01:15 PM AEST
  • Aayush
New Project Acquisition to Add Lustre to Platina Resources’ (ASX:PGM) Gold Portfolio
Sponsored

New Project Acquisition to Add Lustre to Platina Resources’ (ASX:PGM) Gold Portfolio

Source: Phawat, Shutterstock Summary Platina Resources is boosting its foothold in Western Australia with the acquisition of a new gold project. Xanadu Gold Project is believed to hold potential for the discovery of a significant gold minerali...

Genetic Technologies (ASX:GTG), IBX make progress on COVID-19 risk test
Sponsored

Genetic Technologies (ASX:GTG), IBX make progress on COVID-19 risk test

Source: create jobs 51, Shutterstock Summary Genetic Technologies has updated on the progress of the US commercial availability of its COVID-19 sdr Test via IBX. The Company stated that it had completed all validation and data-based analysis f...

Blackstone tweaks conditions for Crown Resorts acquisition proposal
Stock Market

Blackstone tweaks conditions for Crown Resorts acquisition proposal

>By 3Q 2021, Blackstone expects to receive probity approval to acquire 100% of Crown Resorts. In March 2021, Crown Resorts Limited (ASX:CWN) received an unsolicited, non-binding and indicative proposal for acquisition. A company on behalf of fun...

  • April 13, 2021 12:37 PM AEST
  • Sukriti
WHO says COVID surge is ‘exponential’ right now
World News

WHO says COVID surge is ‘exponential’ right now

A picture of a closed shop, due to the surge of novel Coronavirus COVID-19 pandemic, © Chfonk | Megapixl.com The World Health Organisation (WHO) has said that COVID surge has been “exponential” across the globe, as epicentre of...

Veolia-Suez takeover: Why Cleanaway shares may feel the heat
Stock Market

Veolia-Suez takeover: Why Cleanaway shares may feel the heat

Cleanaway had provided agreement to purchase Suez’s Australian business. Cleanaway Waste Management Ltd (ASX:CWY) on Tuesday announced that it had entered into a deal to take over Suez Group’s Australian recycling and recovery busin...

  • April 13, 2021 09:14 AM AEST
  • Ashish
ASX 200 today: Everything you need to know
Stock Market

ASX 200 today: Everything you need to know

s the slight uptick in US Treasury yields dimmed safe-haven’s appeal. On Monday, the ASX 200 did face some selling pressure from the top as the market cracked 0.3 per cent to 6974. Today, the benchmark index is poised to open almost flat, ...

  • April 13, 2021 08:41 AM AEST
  • Aayush
Fitch ratings: What’s latest with ANZ (ASX:ANZ) and ANZNZ
Stock Market

Fitch ratings: What’s latest with ANZ (ASX:ANZ) and ANZNZ

the economy along with increased uncertainty in revising its ratings for ANZ. Fitch Ratings revised the rating on long-term issuer Default Rating (IDR) for ANZ (ASX:ANZ) and its wholly owned New Zealand subsidiary ANZ Bank New Zealand Ltd (ANZN...

  • April 13, 2021 08:27 AM AEST
  • Ashish
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