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ASX 200 Made a New 100-day High
Market Updates

ASX 200 Made a New 100-day High

Copyright © 2021 Kalkine Media Pty Ltd. On April 14, 2021, ASX 200 ended the session in green as there was a rise of 46.20 points or +0.66% to 7023.10. With this, it managed to set a new 100-day high. As can be seen from the below table, ASX 30...

Santos pays rewards to CEO amid rival Woodside’s CEO search
Stock Market

Santos pays rewards to CEO amid rival Woodside’s CEO search

Source: Travel mania, Shutterstock Australian energy group, Santos Limited (ASX:STO) announced this week that managing director and chief executive officer Kevin Gallagher would receive an one-time growth projects opportunity. Santos is expected to...

Interesting Lithium Shares that are Riding the EV Bandwagon
Stock Market

Interesting Lithium Shares that are Riding the EV Bandwagon

Source: Scharfsinn, Shutterstock Summary The global EV sales grew by 55% during the December quarter, surpassing all the estimates. Europe and China are together contributing to 85% of the total market share in the EV segment. To leverage the...

Will CVS Health Corp. Sustain on Higher Levels After A Sharp Rally?
World News

Will CVS Health Corp. Sustain on Higher Levels After A Sharp Rally?

Source: ranjith ravindran, Shutterstock Summary CVS Health Corp. made a new lifetime high and delivered a return of ~39.50 percent in the past six months. CVS Stock prices are trading in a rectangle channel formation on the daily chart. The s...

Iceni Gold (ASX:ICL) Shares Surge 45% on ASX Debut
Stock Market

Iceni Gold (ASX:ICL) Shares Surge 45% on ASX Debut

Source: Immersion Imagery, Shutterstock Summary Gold exploration company Iceni Gold gained 45 per cent on its ASX listing. Iceni listed on the ASX after garnering strong response for its $20 million IPO at $0.20 per share. The IPO procee...

Horizon Minerals (ASX: HRZ) Buoyed up on Excellent Initial Drilling Results From Penny’s Find
Sponsored

Horizon Minerals (ASX: HRZ) Buoyed up on Excellent Initial Drilling Results From Penny’s Find

Source: optimarc, Shutterstock Summary Horizon wrapped up resource definition and extension drilling at Penny’s Find joint venture project.  The assays have been received for 13 of the 21 holes, with excellent initial high-grade gol...

Lithium Australia (ASX:LIT) shares light up on positive PFS
Sponsored

Lithium Australia (ASX:LIT) shares light up on positive PFS

The company remains committed to completing a definitive feasibility study. The stock price of Lithium Australia NL (ASX:LIT) soared 18.181% to settle the day’s trade at AUD 0.130 on 14 April 2021. The price surge was triggered by a cru...

Back to Back exploration success for Empire Resources Limited (ASX:ERL) at Penny’s Gold Project
Sponsored

Back to Back exploration success for Empire Resources Limited (ASX:ERL) at Penny’s Gold Project

Source: Roman Bodnarchuk, Shutterstock Summary Empire Resource Limited has been continuing exploration work across its project portfolio and has made major discoveries. In recent times, ERL’s work across Penny’s Gold Project has ex...

Sugar Prices Ripe to Jump out of Bear Grip?
World News

Sugar Prices Ripe to Jump out of Bear Grip?

ping trendline at US$398.80 that might provide upside potential for the commodity. The ICE white sugar number 5 prices have witnessed sharp downside movement by 7.71% to US$ 420 per ton in March 2021 compared to US$ 455.1 per ton in February 202...

What’s troubling Rio Tinto’s US$463M mine project in South Africa?
Stock Market

What’s troubling Rio Tinto’s US$463M mine project in South Africa?

Source: Diachenko, Shutterstock Summary Rio Tinto’s US$463 million South African mining project remains suspended due to violent protests. The work at Richards Bay Minerals’ Zulti South project was halted in 2019 after an employee ...

Airlines Might Check New EU COVID-19 Pass Before Onboarding Travelers
World News

Airlines Might Check New EU COVID-19 Pass Before Onboarding Travelers

Source: diy13, Shutterstock Summary European Union (EU) plans to roll out a digital travel certificate to start foreign travel for all EU citizens. The certificate would be valid till WHO confirms the end of the COVID-19 pandemic. The objecti...

2 ASX growth shares under the spotlight
Stock Market

2 ASX growth shares under the spotlight

Source: Joyseulay, Shutterstock Summary The growth investment trend has been picking, backed by optimism in the Australian financial market.  Digital Wine Ventures' WINEDEPOT shipped 557% more cases in March 2021 over the pcp.  Ante...

Citigold Corporation Ltd (ASX:CTO) gears up to commence gold production at Charters Towers, Australia
Sponsored

Citigold Corporation Ltd (ASX:CTO) gears up to commence gold production at Charters Towers, Australia

Source: Phawat, Shutterstock Summary The Charters Towers Gold Project is a production-ready project with Inferred Mineral Resource of 14 Moz of gold. Mine designing and engineering works are in full swing with an ultra-low-cost mining plan. T...

Pharmaxis’ Shares Jump ~9% on Sale of Distribution Rights in Russia
Stock Market

Pharmaxis’ Shares Jump ~9% on Sale of Distribution Rights in Russia

Source: Monster Ztudio, Shutterstock Summary Pharmaxis’ shares rose on the sale of Russian distribution rights for Bronchitol ®. The pharmaceutical research firm will get A$2 million distributor appointment fee. The drug maker is ra...

Coinbase is going public: Everything you need to know
Cryptocurrency

Coinbase is going public: Everything you need to know

Source: Piotr Swat, Shutterstock Summary Coinbase is all set to mark its debut on Wall street via the direct listing route. NASDAQ has set the reference price of US$250 per share for Coinbase listing. It will have approximately 261.3 million ...

  • April 14, 2021 04:49 PM AEST
  • Aayush
5 ASX Penny Stocks Not to be Missed in April 2021
Stock Market

5 ASX Penny Stocks Not to be Missed in April 2021

Source: PHICHCHA, Shutterstock Small-cap stocks can be surprising investments as they can offer high revenues within a short span of time. These stocks might not be the most expensive ones. However, they can gain significant value over time, leaving...

Drooling over dividend? Here are top five ASX stocks to keep on hitlist
Stock Market

Drooling over dividend? Here are top five ASX stocks to keep on hitlist

Source: Vintage Tone, Shutterstock Summary Selecting dividend-paying stocks with price appreciation capability is essential to a successful portfolio strategy. Investors seeking to derive passive income from their shareholding often view a sto...

  • April 14, 2021 04:18 PM AEST
  • Sukriti
Top five ASX stocks that reaped major gains today
Stock Market

Top five ASX stocks that reaped major gains today

Source: Sittipong Phokawattana, Shutterstock Summary The ASX 200 traded higher today on the back of gold and technology stocks, which were driven by a rise in inflation and a drop in borrowing costs. The gold stockswere in demand on account of...

Empire Energy (ASX:EEG) Deepens Beetaloo Basin Footprint with Pangaea Assets  
Stock Market

Empire Energy (ASX:EEG) Deepens Beetaloo Basin Footprint with Pangaea Assets  

Source: Kodda, Shutterstock Summary Empire Energy is acquiring five oil & gas assets in the prolific Beetaloo Basin. The acquisition will involve cash payment and issue of ordinary shares and unlisted options. The deal will allow access t...

Chimeric Therapeutics makes headway with its CLTX CAR T therapy; what next?
Sponsored

Chimeric Therapeutics makes headway with its CLTX CAR T therapy; what next?

Source: Mark_Kostich, Shutterstock Summary Chimeric Therapeutics is progressing well with its Phase 1 CLTX CAR T trial at City of Hope. CLTX CAR T can potentially address the high unmet medical need for recurrent glioblastoma (GBM), given the ...

Gold and tech shares trade strong on Wednesday, ASX closes in the green
Stock Market

Gold and tech shares trade strong on Wednesday, ASX closes in the green

Source: leungchopan, Shutterstock The benchmark index ASX 200 traded higher today. Towards the end, it gained 39.90 points, up by 0.57% on Tuesday's closure. The majority of sectors traded in the positive territory today, and Information Technology ...

Creso Pharma welcomes milestone developments by acquisition target Halucenex
Sponsored

Creso Pharma welcomes milestone developments by acquisition target Halucenex

Source: Have a nice day Photo, Shutterstock Summary Halucenex and Growing Together Research (GTR) have entered into an advisory agreement to explore genome sequencing of magic mushrooms. The deal would help Halucenex generate an IP portfolio t...

5 ASX penny stocks trading high amid ASX surge
Stock Market

5 ASX penny stocks trading high amid ASX surge

Source: ShutterstockProfessional, Shutterstock Summary Orminex’s share price has seen a sharp surge today, rising 42.5% to A$0.057. Investors are looking at DigitalX’s shares as a direct proxy to Bitcoin, resulting in a price surge...

  • April 14, 2021 02:39 PM AEST
  • Aayush
Here’s why Dubber (ASX:DUB) shares hit an all-time high today
Stock Market

Here’s why Dubber (ASX:DUB) shares hit an all-time high today

Source: ESB Professional, Shutterstock Summary Dubber has expanded its Unified Call Recording presence with global accessibility of Dubber with Zoom’s video-first unified communications platform. Dubber with Zoom would allow reliable Uni...

Why did BrainChip (ASX:BRN) share price jump 27%?
Stock Market

Why did BrainChip (ASX:BRN) share price jump 27%?

Source: ESB Professional, Shutterstock Summary The shares of BrainChip Holdings Ltd (ASX:BRN) jumped over 27% in today’s intra-day trade. The share price surge came after the company said that it had begun the volume manufacturing of its...

Singapore Is Out Of Recession: Economy Grows 0.2% In Q1
World News

Singapore Is Out Of Recession: Economy Grows 0.2% In Q1

Singapore’s Marina Bay Sands super mall is the largest and most luxurious shopping mall in Asia. Image Source: Ypa249834814 | Megapixl.com Singapore, the Southeast Asian country, has finally emerged out of the recession, as its economy grew ma...

Lunchtime market update: ASX 200 gains traction
Stock Market

Lunchtime market update: ASX 200 gains traction

Source: Jirapong Manustrong, Shutterstock The ASX 200 is trading in the positive territory today. The benchmark lost some points in the first 15 minutes post market open. However, post the initial blip the market has steadily moved up. By lunchtime,...

A Glance at two ASX Penny Stocks – TALi Digital and Alpha HPA Limited
Stock Market

A Glance at two ASX Penny Stocks – TALi Digital and Alpha HPA Limited

Source: ShutterstockProfessional, Shutterstock Summary Penny stocks such as TALi Digital and Alpha HPA gained considerable market attention at the start of the week despite a slow start for the stock market. TALi Digital partnered with the Tim...

Why Is New World Resources (ASX:NWC) Demerging US Cobalt Assets?
Stock Market

Why Is New World Resources (ASX:NWC) Demerging US Cobalt Assets?

Source: erlucho, Shutterstock Summary New World Resources has 100% interest in two cobalt projects in the US. The company intends to de-merge these projects into a separate entity, NewCo. NWC is focused on redevelopment of the Antler Copper P...

BlackEarth Minerals (ASX:BEM) raises $4.9M to amp up its graphite project
Sponsored

BlackEarth Minerals (ASX:BEM) raises $4.9M to amp up its graphite project

Source: Sergey Roshchin, Shutterstock Summary BlackEarth Minerals has received exceptional level of investor interest for its AUD 4.9 million placement. Funds would be used to strengthen the Company’s position in the graphite market. BE...

Why is BlackEarth Minerals Poised to Excel in the Battery Market?
Sponsored

Why is BlackEarth Minerals Poised to Excel in the Battery Market?

Source: Anton Leskov, Shutterstock Summary BlackEarth Minerals is developing a globally significant graphite resource in Madagascar. The Company sees a strong potential for its flagship Maniry project in the light of robust graphite market sce...

ASX 200 today: How dip in bond yields is keeping Australian shares higher
Stock Market

ASX 200 today: How dip in bond yields is keeping Australian shares higher

data. Gold prices rose on Tuesday. The ASX 200 on Wednesday opened marginally higher, up just 6.80 points to 6983.70, after US stocks closed at record highs, buoyed by tech stocks, as bond yields softened after the US inflation was seen not ...

  • April 14, 2021 11:27 AM AEST
  • Ashish
High on Coinbase’s IPO news, Bitcoin sets a new record 
Cryptocurrency

High on Coinbase’s IPO news, Bitcoin sets a new record 

Source: Bordovski Yauheni, Shutterstock Summary Bitcoin prices rose above the $63,700 level for the first time on Tuesday. Other popular cryptocurrencies such as Litecoin and Dogecoin have also registered their respective lifetime highs. ...

  • April 14, 2021 11:13 AM AEST
  • Aayush
White House in firefighting mode after pause on J&J jabs
World News

White House in firefighting mode after pause on J&J jabs

Source: RajCreatives, Shutterstock  Summary 6 bloodclots reported among the US citizens after J&J vaccine CDC, FDA analysing the data in clots Australia has also been guarded about usage of AstraZeneca vaccine The White Hou...

Theta Gold (ASX:TGM) eyes huge upside in gold production after the PFS
Sponsored

Theta Gold (ASX:TGM) eyes huge upside in gold production after the PFS

Source:RomanR, Shutterstock Summary The Prefeasibility Study of the underground mines on the project has demonstrated strong economic performance. The current study included three underground mines, and TGM will include other historical mines ...

Galaxy Resources lifts resource estimate; Will it light up the shares?
Stock Market

Galaxy Resources lifts resource estimate; Will it light up the shares?

rilling had commenced with an aim to build eight more production wells for the Sal de Vida project. Galaxy Resources Ltd (ASX:GXY) on Wednesday said that it had raised resource estimates at its Sal de Vida project. The lift in estimates followin...

  • April 14, 2021 09:13 AM AEST
  • Ashish
ASX 200 is likely to open on a positive note
Stock Market

ASX 200 is likely to open on a positive note

ex fell 0.29% and the Australian dollar was up by 0.21 per cent to 0.7642. On Tuesday, the Australian market had closed flat at 6976.9 after falling 0.3% on the first day of the week. Today, the benchmark index is ready to open on a higher note,...

  • April 14, 2021 08:55 AM AEST
  • Aayush
Looking for tech shares? These 2 stocks may be good bets
Stock Market

Looking for tech shares? These 2 stocks may be good bets

rpay Ltd and Kogan.com are some of the tech shares with high-growth potential. As the economy and stock market rebounds amid ongoing coronavirus pandemic, tech sector offers an attractive option for investors looking for high-growth shares. The ...

  • April 14, 2021 08:47 AM AEST
  • Ashish
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