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ASX 200 Encountered Marginal Rise As Fall in Academic & Educational Services Sector Limited Gains
Market Updates

ASX 200 Encountered Marginal Rise As Fall in Academic & Educational Services Sector Limited Gains

On April 23, 2021, ASX 200 closed in green as there was a rise of just 5.30 points to 7,060.70. On the same day, the gain was witnessed in technology sector. However, fall in academic & educational services sector weighed over the performance. AS...

Oil Search Ltd (ASX:OSH) clocks a 16% operating revenue growth courtesy oil price recovery
Stock Market

Oil Search Ltd (ASX:OSH) clocks a 16% operating revenue growth courtesy oil price recovery

Summary Despite reduced output due to unplanned production halts, Oil Search reported a 16% growth in operating revenues to US$301.5 million. The recovery in the oil and gas prices has contributed immensely towards the growth in the operating r...

  • April 23, 2021 07:09 PM AEST
  • Akshay
Amidst better crude oil prices, Woodside (ASX:WPL) & Santos (ASX:STO) revenue rises for the quarter
Stock Market

Amidst better crude oil prices, Woodside (ASX:WPL) & Santos (ASX:STO) revenue rises for the quarter

Summary Woodside Petroleum and Santos released their quarterly earnings figures for the period ending on 31 March 2021. Both the companies recorded a dip in production due to weather conditions and lower domestic demand but achieved higher reve...

How a Chinese woman’s viral video made Tesla apologise
World News

How a Chinese woman’s viral video made Tesla apologise

Summary A video went viral on Monday, showing a woman shouting complaints atop a Tesla car at Shanghai Auto Show. Elon Musk’s Tesla Inc apologised to Chinese customer for the same. For the US-based electric car making brand Tesla Inc...

McDonald's Corp. Prices Continue to Shine, are Investors Loving it?
World News

McDonald's Corp. Prices Continue to Shine, are Investors Loving it?

Summary McDonald's Corp. (NYSE: MCD) gained 0.30% percent in the last trading session and stock prices are hovering near an all-time high. The stock price had broken an ascending triangle pattern on the daily chart and taking major support from...

Dimerix (ASX:DXB) advances COVID-19 Phase 3 study, enrols multiple patients
Stock Market

Dimerix (ASX:DXB) advances COVID-19 Phase 3 study, enrols multiple patients

Summary Drug discovery company developing new therapies, Dimerix, has enrolled multiple patients in REMAP-CAP study in Europe. In the ACE2 RAS study domain, subjects will be randomised to receive one RAS blockade strategy or control. The Compa...

Growing concern over new COVID-19 cases drags ASX 200 down to negative zone
Market Updates

Growing concern over new COVID-19 cases drags ASX 200 down to negative zone

The market traded flat today with low volatility. The benchmark index ASX 200 dropped 7.70 points by market close and traded at 7047.70, down by 0.11% on Thursday's closure. Seven out of 11 sectors traded lower today, with Consumer Discretionary bein...

Bitcoin slumps to 48-day low on tax hike angst
Cryptocurrency

Bitcoin slumps to 48-day low on tax hike angst

The value of Bitcoin, the world’s most valued cryptocurrency, fell below the US$50,000-mark, on concerns of new regulations on increasing capital gains tax by the Biden administration in the US. At the time of filing this story, Bitcoin (BTC) ...

ASX Copper Stocks Slide On China’s Commodity Price Capping Move
Stock Market

ASX Copper Stocks Slide On China’s Commodity Price Capping Move

Summary Copper prices are at record high levels since mid-February due to demand surge and supply deficit. The surging commodity prices in China have squeezed margins for manufacturers, and the country is planning to cap the commodity prices. ...

Here’s Why Accent Group (ASX: AX1) Shares Hit A New 52-Week High Today
Stock Market

Here’s Why Accent Group (ASX: AX1) Shares Hit A New 52-Week High Today

Summary Accent Group shares hit 52-week high on 23 April after a crucial acquisition update. The company has signed a deal to acquire apparel retailer Glue Store and the wholesale and distribution brands business of Next Athleisure. The compan...

What is Fiducian Group (ASX:FID)? What financial services does it provide?
Sponsored

What is Fiducian Group (ASX:FID)? What financial services does it provide?

Summary The volatility in the market is creating uncertainty for individuals in maintaining and managing their finances. Fiducian Group Limited has significant years of experience in serving its clients with premium wealth services and solution...

Has Deterra Royalties Limited’s (ASX: DRR) Share Price Bottomed Out?
Stock Market

Has Deterra Royalties Limited’s (ASX: DRR) Share Price Bottomed Out?

Deterra Royalties Limited (ASX: DRR), that got demerged from Iluka Resources Limited (ASX:ILU) in November 2020 has seen its share gain  ~16.62% in the past one month from the low of AUD 3.85 tested on March 22, 2021. The company holds royalty...

Prescient Therapeutics’ (ASX:PTX) AML trial progresses to next dosing level
Sponsored

Prescient Therapeutics’ (ASX:PTX) AML trial progresses to next dosing level

Summary Prescient Therapeutics revealed that its acute myeloid Leukemia (AML) study has advanced to the next dose level of PTX-200. The AML trial completed the second cohort at 35 mg/m2 PTX-200 without any dose-limiting toxicities. The study h...

Why Redbubble share price are down despite posting skyrocketing YTD numbers?
Stock Market

Why Redbubble share price are down despite posting skyrocketing YTD numbers?

Summary Seeing the numbers of third quarter (Jan-March 21) alone, RBL’s gross transaction value grew to $134 million, a 58% hike. The company sells personalised products, which are made by independent artists. The company plans to cut do...

A glance at 2 ASX penny shares  - MGC Pharmaceuticals and archTIS
Stock Market

A glance at 2 ASX penny shares  - MGC Pharmaceuticals and archTIS

Summary Australian players MGC Pharmaceuticals and ArchTIS limited were under the spotlight following recent crucial developments. Biopharma player MGC Pharma announced the acquisition of MediCaNL that is likely to deliver cost savings for the ...

Platina Resources’ March Quarter Marked By Golden Strides At WA Assets
Sponsored

Platina Resources’ March Quarter Marked By Golden Strides At WA Assets

Summary Platina Resources is awaiting final assay results from soil sampling programs at the Challa Gold Project, after which, a maiden rotary air-blast (RAB) drilling program is planned. The Company has acquired a new Western Australia-based h...

AMP Says No To Deal With Ares, Plans Demerger of Private Markets Business
Stock Market

AMP Says No To Deal With Ares, Plans Demerger of Private Markets Business

Summary AMP Limited plans to demerge AMP Capital’s private markets business as it failed to reach a deal with Ares Management. Demerger of AMP Capital business, ‘Private Markets’, is expected to be completed in H1 2022. AMP p...

Spacetalk (ASX:SPA) ends Q3 FY21 with record growth in revenue
Featured zone

Spacetalk (ASX:SPA) ends Q3 FY21 with record growth in revenue

A developer of ground-breaking technologies to keep families safe and connected, Spacetalk Ltd (ASX:SPA) updated the market on the Company’s financial highlights and business achievements for Q3 FY21. During the period, Spacetalk put up a str...

ASX trades flat at noon as Biden’s capital gains tax woes hit investors
Stock Market

ASX trades flat at noon as Biden’s capital gains tax woes hit investors

The market opened to a weak set of cues coming in from the global markets. However, the market has pared some of its losses and was trading above the market opening levels at noon. 7 of 11 sectors are trading lower. By lunchtime, the benchmark index ...

World Climate Change Summit held; Jacinda Ardern Asks Countries to Follow NZ’s Lead
World News

World Climate Change Summit held; Jacinda Ardern Asks Countries to Follow NZ’s Lead

Summary The US initiates the Climate Change meeting of the world’s leading countries. The US President promises reduction of emissions by half in 2030. Jacinda Ardern urges other nations to join the cause. Earlier today, it was repo...

  • April 23, 2021 01:08 PM AEST
  • Roma
ADRs of Australian firms in focus today
Stock Market

ADRs of Australian firms in focus today

US President Joe Biden is likely to come up with a legislation that will almost double the capital gains tax paid by the wealthy individuals, reports suggest. The markets reacted negatively to the story that the US administration might raise the t...

ASX 200 opens mildly lower; trades sideways in early session
Stock Market

ASX 200 opens mildly lower; trades sideways in early session

Summary For the last few days, the ASX 200 is oscillating around 7,000 level and finding it difficult to pick a one-sided trend. The market breadth is on the negative side as 7 out of 11 sectors are trading in the red zone. com has been hammer...

  • April 23, 2021 12:22 PM AEST
  • Aayush
King River Resources (ASX:KRR) Turns In Healthy March Quarter with HPA Production Progress
Sponsored

King River Resources (ASX:KRR) Turns In Healthy March Quarter with HPA Production Progress

King River Resources Limited (ASX: KRR) has undertaken a bevy of developments in the past couple of months, providing a springboard for growth. Its March 2021 quarter report highlights all-round progress that seems to have catalysed the Company&rsq...

SenSen Networks Hits a Crucial Milestone, ARR from North America Crosses AUD 1.5m
Sponsored

SenSen Networks Hits a Crucial Milestone, ARR from North America Crosses AUD 1.5m

Summary SenSen Networks Limited (ASX:SNS) has recently announced that its ARR from North America is set to exceed AUD 1.5 million. SenSen has lifted its ARR guidance to AUD 4.5 million for FY2022, based on existing confirmed orders and contract...

  • April 23, 2021 11:42 AM AEST
  • Damini
APAC shares under pressure as COVID-19, US LTCG woes weigh heavy
World News

APAC shares under pressure as COVID-19, US LTCG woes weigh heavy

Summary Australian, Japanese shares in red NZ shares are trading flat Major US indices closed over 90 bps down The shares across the Asia-Pacific (APAC) region opened in red on Friday morning, as sentiments were subdued due to the multipl...

Chimeric Therapeutics’ (ASX:CHM) clinical trial hits a key milestone, progresses to next level
Sponsored

Chimeric Therapeutics’ (ASX:CHM) clinical trial hits a key milestone, progresses to next level

Summary Chimeric Therapeutics has completed the follow-up period for the first patient cohort in CLTX CAR T Phase 1 clinical trial. After the significant safety milestone for the CLTX CAR T cell therapy, the Company will advance to the second d...

Altan Rio (TSXV:AMO.H) appoints mining specialists hoping to fast track the development of the Southern Cross Gold Project
Sponsored

Altan Rio (TSXV:AMO.H) appoints mining specialists hoping to fast track the development of the Southern Cross Gold Project

Australia focused gold explorer Altan Rio Minerals Limited (TSXV:AMO.H) announced the appointment of Mr Keith Ross as Vice President Mining Operations. This is the second appointment announcement this week. The Company is strengthening its team at ...

Altan Rio (TSXV:AMO.H) brings in more depth to the management team, appoints Strategic Advisor
Sponsored

Altan Rio (TSXV:AMO.H) brings in more depth to the management team, appoints Strategic Advisor

The Canadian listed gold explorer Altan Rio Minerals Limited (TSXV:AMO.H) announced the appointment of Mr David Talbot as Strategic Advisor for the North America time zone. The appointment has taken place precisely when Altan Rio is making ne...

Strong Revenue, Production Results, & MHP’s Acquisition Light Up Fremont’s Quarterly Report
Sponsored

Strong Revenue, Production Results, & MHP’s Acquisition Light Up Fremont’s Quarterly Report

Summary Fremont delivers good hydrocarbon production figures and revenue from sales. Crude oil sales are up by 75% to 12,894 barrels during the quarter, and oil inventory was up six-fold during the reporting period. FPL’s cash and cash e...

QX Resources (ASX:QXR) Kicks Off Drilling at Lucky Break Gold Mine   
Sponsored

QX Resources (ASX:QXR) Kicks Off Drilling at Lucky Break Gold Mine   

Summary QX Resources has commenced reverse circulation (RC) drilling at the Lucky Break gold mine in the Clermont goldfields of Drummond Basin. The objective of the drilling program is to assess mineralisation at the Lucky Break Mine and the sm...

ASX 200 set to open gap down on weak global cues
Stock Market

ASX 200 set to open gap down on weak global cues

On Thursday, the ASX 200 came back in green and charged higher by 0.83% to 7055.4. The Australian market closed at the day’s high, which in general is a bullish sign for the next trading session. However, the ASX 200 Futures is indicating a s...

  • April 23, 2021 08:05 AM AEST
  • Aayush
Is the Australian property market moving out of control?
Economy

Is the Australian property market moving out of control?

Housing prices have taken a steep turn in Australia as they continue to soar in an economy with incredibly low levels of inflation. The increasingly unaffordable housing prices stand in stark contrast to the record low interest rates prevailing in ...

How To Invest in Bitcoin & Ether Funds?
Cryptocurrency

How To Invest in Bitcoin & Ether Funds?

Crypto markets are volatile and keeping a watch on them round the clock is impossible. However, the Toronto Stock Exchange-listed crypto funds provide an exposure to real-time bitcoin and ether token prices. Earlier this year, TSX became the world&r...

  • April 23, 2021 01:28 AM AEST
  • Anuj
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