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Why is the BNPL sector under scanner today?
Technology Stocks

Why is the BNPL sector under scanner today?

S&P ASX 200 closed flat on Monday as gains from Miners were erased due to loss in technology and energy sectors. Travel stocks that were worst hit due to pandemic last year show signs of revival as the Travel bubble between Australia and New Zeal...

ASX 200 Closed in Red: A Quick Look
Market Updates

ASX 200 Closed in Red: A Quick Look

On April 20, 2021, ASX 200 closed the session in red, reflecting a fall of 47.80 points or 0.68% to 7017.80 after setting the new 52-week high. As can be seen from the below table, ASX 300 declined by 0.65% to 7,012.80. Source: Data Source: ASX, T...

Here’s the Latest Update on Lithium Australia’s JV with Charger Metals
Sponsored

Here’s the Latest Update on Lithium Australia’s JV with Charger Metals

Summary Lithium Australia is progressing well on its JV with Charger Metals. Charger is progressing well towards its ASX debut, and LIT shareholders would be offered a priority allocation in the IPO. Charger has the option to acquire a 70% int...

Eclipse Metals Ltd (ASX: EPM) identifies high-grade copper-silver mineralisation at Rock Hill prospect
Sponsored

Eclipse Metals Ltd (ASX: EPM) identifies high-grade copper-silver mineralisation at Rock Hill prospect

Summary Eclipse assessed the historical drilling data for the Rock Hill prospect area to identify high-grade copper-silver mineralisation and anomalous zinc zones. Eclipse is undertaking a review of exploration for the Yuendi tenement applicati...

Looking to diversify your portfolio? Here are two ASX communication stocks
Stock Market

Looking to diversify your portfolio? Here are two ASX communication stocks

Summary The Australian Government is making significant strides towards shaping the telecom sector with its Regional Connectivity Program (RCP). The growing adoption of digital technologies amid the pandemic has made the Government consider pro...

Semiconductor Shortage Chipping Away at EV industry Production
World News

Semiconductor Shortage Chipping Away at EV industry Production

Summary The global auto industry is facing an acute shortage of semiconductors, derailing production estimates for 2021. The coronavirus pandemic-induced challenges hit supply chain of semiconductors last year. Though the auto industry picked u...

Australia-NZ resume quarantine-free travel even as COVID-19 lingers
World News

Australia-NZ resume quarantine-free travel even as COVID-19 lingers

Summary The travel bubble eliminates the mandatory requirement of 14-day quarantine for the travellers. Post announcement, several travel companies’ share jumped like Qantas and Auckland International airport. A day after the announc...

A glance at five Important Cryptocurrencies other than Bitcoin and Ethereum
Cryptocurrency

A glance at five Important Cryptocurrencies other than Bitcoin and Ethereum

Summary Besides Ethereum and Bitcoin, there are over 4000 cryptocurrencies, some of which have performed well in recent times and are worth examining. Litecoin, a decentralised peer-to-peer crypto, is currently trading at US$253.78 compared to ...

New Home Sales on a rise in Australia, more jobs to come up in construction sector
Economy

New Home Sales on a rise in Australia, more jobs to come up in construction sector

Summary As per HIA, the new home sales were a record 39.4% higher in the March 2021 quarter as compared to the previous corresponding time. HomeBuilder scheme coupled with lower interest rates, population shifting to regional spaces, and improv...

HomeCo (ASX:HDN) eyes AU$265 million capital raising
Stock Market

HomeCo (ASX:HDN) eyes AU$265 million capital raising

Summary HomeCo Daily Needs REIT has completed the institutional component of its entitlement offer. The Institutional Entitlement Offer raised approximately AU$93 million through the issue of approximately 71.8 million new units. The underwrit...

  • April 20, 2021 06:33 PM AEST
  • Aayush
The Monumental Trans-Tasman Touchdown
World News

The Monumental Trans-Tasman Touchdown

Summary Trans-Tasman Bubble finally opens, first flight touched down successfully. People from both the countries welcomed the event with celebrations. Decision about other countries’ travel situation remains pending. There were the...

  • April 20, 2021 06:14 PM AEST
  • Roma
Rio Tinto’s (ASX:RIO) Q1 Iron Ore Shipments Up Amid Challenges  
Stock Market

Rio Tinto’s (ASX:RIO) Q1 Iron Ore Shipments Up Amid Challenges  

Summary Rio Tinto’s (ASX:RIO) first-quarter iron ore shipments increased by 7 per cent compared to the previous year. The iron ore output fell around 2 per cent on labour shortage and weather challenges. The 2021 production guidance rema...

Why ASX200 could not hold on to fresh 52 week-high today
Stock Market

Why ASX200 could not hold on to fresh 52 week-high today

On 20 April 2021, the market closed in the red zone with the ASX 200 losing 44.90 points. The benchmark index traded at 7020.70, down by 0.64%. The bulls could not hold on to the gains despite the benchmark index hitting a new 52-week high. 10 of 11 ...

Why were Australian healthcare shares EX1 and RAC trending today?
Stock Market

Why were Australian healthcare shares EX1 and RAC trending today?

Summary Exopharm obtained firm commitments from institutional and sophisticated investors to raise a total of AU$12 million. Race Oncology announced that its new Chief Medical Officer, Dr David Fuller, is set to join on 1 July 2021. ASX-li...

Why Challenger (ASX:CGF) stock price fell 15% post quarterly update
Stock Market

Why Challenger (ASX:CGF) stock price fell 15% post quarterly update

Summary Challenger was the top loser on the ASX, falling as much as 15.45% to A$5.58. The company has pegged FY21 NPBT at the bottom end of its guidance range. During March quarter, the group AUM grew 8% to surpass the A$100 billion mark for t...

QEM Limited (ASX:QEM) progresses on Green Hydrogen opportunity at flagship Julia Creek Project
Sponsored

QEM Limited (ASX:QEM) progresses on Green Hydrogen opportunity at flagship Julia Creek Project

Summary QEM’s green hydrogen strategy has been under focus in the recent quarter. QEM has appointed E2C for the assessment and estimation of capital and operating costs for green hydrogen production. Recently QEM announced that DNV Austr...

Meet the company that Calima Energy is merging with
Sponsored

Meet the company that Calima Energy is merging with

Summary Calima Energy Limited (ASX:CE1) has decided to merge with Blackspur Oil Corp, which owns low-cost oil-producing assets within Alberta. With the acquisition of Blackspur’s assets, Calima intends to increase exposure to growing oil ...

  • April 20, 2021 03:18 PM AEST
  • Damini
Five ASX penny stocks making a buzz today
Stock Market

Five ASX penny stocks making a buzz today

Summary Eastern Iron’s share has shot up by a massive 45.5% to A$0.016 in today’s session. Kinetiko Energy’s share price has increased by 27.2% to A$0.14, breaking above its falling trendline on the charts. After Metallica Mi...

  • April 20, 2021 03:07 PM AEST
  • Aayush
Market by afternoon: ASX 200 trades in red
Stock Market

Market by afternoon: ASX 200 trades in red

After setting a new 52-week high, ASX 200 traded in red today. By lunchtime, it had lost 32.20 points and was trading at 7033.40, down by 0.46% on Monday's closure. Eight of 11 sectors are trading in the red zone today, with Health Care performing th...

Platina Resources Sitting On A Goldmine Of Opportunities in Western Australia
Sponsored

Platina Resources Sitting On A Goldmine Of Opportunities in Western Australia

Summary Macro conditions highlight a positive outlook for gold. Platina Resources is well placed with the Xanadu and Challa gold projects to leverage the favourable gold trends. Australia-based Platina Resources Limited (ASX:PGM) has been ...

Why are Amplia Therapeutics (ASX:ATX) shares flying high today?
Stock Market

Why are Amplia Therapeutics (ASX:ATX) shares flying high today?

Summary Amplia Therapeutics has obtained data from an animal study demonstrating its FAK inhibitors lower fibrosis arising from the NASH. The positive data from the animal study is anticipated to support the future development and partnering pr...

RBA Minutes reveal an optimistic stance on economic recovery  
Economy

RBA Minutes reveal an optimistic stance on economic recovery  

The Reserve Bank of Australia seems to have struck a bullish note on the economic recovery in the country, as revealed by the minutes of April 6 Monetary Policy Meeting of its Board released today. As per the RBA minutes, Australia is expected to co...

Countries move to ban travel from India as COVID-19 unleashes havoc
World News

Countries move to ban travel from India as COVID-19 unleashes havoc

our next week India reported more than 250,000 cases for three days in row The countries across the globe have started to ban travel from India, as the world’s second most populous country is grappling with heavy surge in the COVID-19 cas...

Halucenex teams up with Sixth Wave; Californian legislation another leg-up for Creso Pharma
Sponsored

Halucenex teams up with Sixth Wave; Californian legislation another leg-up for Creso Pharma

Creso Pharma Limited (ASX:CPH, FRA:1X8) updated the market on Monday that its acquisition target, Halucenex Life Sciences Inc, has signed a Letter of Intent (LOI) with Sixth Wave Inc, which is a prominent nanotechnology firm. Creso Pharma also prov...

Compare Forex Brokers: Your premium guide to choose the right FX broker and trading platform
Digital

Compare Forex Brokers: Your premium guide to choose the right FX broker and trading platform

s - spreads, leverage, reviews, trading commission, customer support, currency pairs and range of markets. Foreign exchange market is the largest financial market in the world. As there is no central exchange for forex trading, as a retail trade...

  • April 20, 2021 01:17 PM AEST
  • Damini
Afterpay (ASX:APT) keen on US listing after stellar Q3 sales results
Stock Market

Afterpay (ASX:APT) keen on US listing after stellar Q3 sales results

Source:  DGLimages, Shutterstock Summary Afterpay announced its plans to get listed in the US market, but didn’t disclose any timeline. BizPay, another BNPL player, is gearing up to raise $100 million for the listing in the Australi...

High on record results, SenSen Networks outlines a rosy outlook for FY22
Sponsored

High on record results, SenSen Networks outlines a rosy outlook for FY22

Summary SenSen Networks Limited (ASX:SNS) has released its OTC Investor Conference presentation on the ASX. SenSen delivered a strong financial performance in the second half of 2020 while observing record half-yearly revenues of AUD 2.5 millio...

Passenger traffic continues to dip; Sydney Airport puts best show in a year
Stock Market

Passenger traffic continues to dip; Sydney Airport puts best show in a year

since March 2020, Sydney Airport has seen more than one million passengers. Sydney Airport (ASX:SYD), which connects New South Wales to the rest of world, has witnessed a staggering drop of 78% in passenger traffic in the first quarter of 2020,...

Why are Australian cannabis shares APH and LGP on the rise?
Stock Market

Why are Australian cannabis shares APH and LGP on the rise?

e distribution agreement with Balancial to distribute its products in Denmark. While the markets opened marginally lower today, two cannabis stocks released significant updates, leading to a rise in their respective share price. Plant-based hea...

How Money3 (ASXMNY) NZ$40M Facility Will Support NZ Growth
Stock Market

How Money3 (ASXMNY) NZ$40M Facility Will Support NZ Growth

Summary Money3’s subsidiary Go Car Finance has secured a NZ$40 million facility from Heartland Bank. The new facility would boost loan book growth of Go Car Finance to over NZ$200 million. It will replace existing mezzanine finance facil...

ASX under pressure- What is driving the market today?
Market Updates

ASX under pressure- What is driving the market today?

Source:Rawpixel.com, Shutterstock The benchmark index ASX 200 started the current week with perhaps the smallest of gains. It rose marginally to 7,065.6 points on Monday. Before the index opened today, market participants expected the market to fol...

  • April 20, 2021 11:32 AM AEST
  • Sukriti
Trip.com Jumps on Hong Kong Debut
World News

Trip.com Jumps on Hong Kong Debut

Source: Oleksiy Mark, Shutterstock Summary Trip.com shares traded 4% higher from their issue price on the first day of trading in Hong Kong. Proceeds are planned to be used for the expansion of offerings and improving user experience and ...

Citigold Corporation’s (ASX:CTO) placement funds to fast-track Charters Towers Gold Project
Sponsored

Citigold Corporation’s (ASX:CTO) placement funds to fast-track Charters Towers Gold Project

Source: Roman Bodnarchuk, Shutterstock Summary Citigold has successfully concluded a Placement of shares to a sophisticated investor to raise capital of $756,417. The fund will support exploration and development activities on Charters Tow...

BlackEarth unveils high-grade results from Maniry graphite pilot program
Sponsored

BlackEarth unveils high-grade results from Maniry graphite pilot program

Source: BEM Website Summary The additional pilot test program has returned around 97% Fixed Carbon level for large and jumbo Maniry Graphite product.  The test demonstrates the suitability of Maniry graphite for EV and alternative energy ...

Spacetalk (ASX:SPA) opens B2B2C distribution channel with aged care provider on upgraded LIFE smartphone watch for seniors
Featured zone

Spacetalk (ASX:SPA) opens B2B2C distribution channel with aged care provider on upgraded LIFE smartphone watch for seniors

Source: SPA Announcement (19 April 2021) Summary Spacetalk has entered a non-exclusive commercial relationship with ACH Group, a leading aged care and home care provider. Incorporating recommendations from ACH Group, Spacetalk has included fall ...

ASX 200: Will the market continue its five-day winning streak?
Stock Market

ASX 200: Will the market continue its five-day winning streak?

163.26. The US Treasury yields rebounded after a sharp drop last week. On Monday, the Australian market stated the week on a positive note. The benchmark index marginally rose 0.03% and closed the session up by 2.1 points, maintaining its five-...

  • April 20, 2021 09:15 AM AEST
  • Aayush
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