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Jindalee Resources continues to make inroads into McDermitt lithium project in March quarter
Sponsored

Jindalee Resources continues to make inroads into McDermitt lithium project in March quarter

Summary Jindalee Resources Limited (ASX:JRL) has recently released another set of strong quarterly results for the period ended March 2021. The Company continued to progress with the advancement of its McDermitt lithium project during the quart...

  • May 04, 2021 06:35 PM AEST
  • Damini
Krakatoa Resources (ASX:KTA) kicks off exploration at Mt Clere REE Project
Sponsored

Krakatoa Resources (ASX:KTA) kicks off exploration at Mt Clere REE Project

Summary Krakatoa has initiated extensive reconnaissance, mapping, and geochemical survey over the Mt Clere project. The highly prospective Mt Clere project indicates a significant opportunity for KTA through REE deposits. KTA has undertaken th...

Why Commodities Index Hit at A Nine-Year High 
World News

Why Commodities Index Hit at A Nine-Year High 

Summary The Bloomberg commodity spot index surged to nine-year high levels amid robust economic recovery. Almost all the commodities are rallying as the economic rebound bolstered their demand. The commodity prices recovered significantly from...

Future First Technologies’ (ASX:FFT) shares on the rise following a significant contract win
Stock Market

Future First Technologies’ (ASX:FFT) shares on the rise following a significant contract win

Summary Australian tech player Future First Technologies has won a multi-year contract with Ventia. This initial contract is for the supply of the Asset Vision platform in some of the road maintenance contracts of Ventia. With this significant...

Unemployment In Urban India Nearing Hit Double-Digit Mark As COVID-19 Crisis Deepens 
World News

Unemployment In Urban India Nearing Hit Double-Digit Mark As COVID-19 Crisis Deepens 

Summary Unemployment in urban India likely to touch a double-digit mark soon. Support to the Indian economy coming from rural areas. The rising joblessness rate may hamper the country’s economic activity. The chances of economic rec...

Middle Island Clocks Healthy March Quarter, Puts Up Splendid Show at Sandstone, Barkly Projects
Sponsored

Middle Island Clocks Healthy March Quarter, Puts Up Splendid Show at Sandstone, Barkly Projects

Summary Middle Island Resources Limited (ASX:MDI) has recently reported its quarterly results for the period ended March 2021. The Company continued to progress with the development of its Sandstone gold project and Barkly super project during ...

  • May 04, 2021 04:03 PM AEST
  • Damini
XRP Makes Waves, Soars 40% in the Past Week
Cryptocurrency

XRP Makes Waves, Soars 40% in the Past Week

Summary Cryptocurrency Ripple (XRP) has gained a 3% market share, having risen 40% in the past seven days. Ripple, first launched in 2012, was designed to improve upon the limitations of Bitcoin (BTC) by creating a more sustainable digital asse...

Five shining ASX penny stocks in today’s session
Stock Market

Five shining ASX penny stocks in today’s session

Summary GBR share price has skyrocketed by a massive 91.3% to AU$0.088. Eve Investments’ confirmed first purchase order has led its share price to rise by 16.67% to AU$0.007. BOE’s share price opened with a gap and surpassed its 52...

  • May 04, 2021 03:36 PM AEST
  • Aayush
RBA keeps rates unchanged, revises up GDP growth
Economy

RBA keeps rates unchanged, revises up GDP growth

The Reserve Bank of Australia (RBA) on Tuesday kept both official interest rate and yield target on the three-year bond yield unchanged 0.1%. The RBA, however, upgraded the gross domestic product (GDP) growth scenario, with growth of 4% expected ov...

  • May 04, 2021 03:31 PM AEST
  • Ashish
Closing Bell: ASX 200 near day’s high after RBA upgrades GDP
Stock Market

Closing Bell: ASX 200 near day’s high after RBA upgrades GDP

The market is trading near day’s high at the close, after the Reserve Bank of Australia’s (RBA) maintained status quo in its latest policy announcement and upgraded the country’s GDP growth estimates. The benchmark index ASX 200 was...

A golden March quarter for Troy Resources: Gold production up by 75%
Sponsored

A golden March quarter for Troy Resources: Gold production up by 75%

South America-focused gold explorer and producer Troy Resources Limited (ASX:TRY) has shared a quarterly report for the period ending on 31 March 2021. Troy owns and operates the Karouni Gold Project in Guyana. Troy mined 1,190,752 tonnes of mater...

How Far Has Vulcan Energy (ASX:VUL) Progressed On Zero Carbon Lithium Project? 
Stock Market

How Far Has Vulcan Energy (ASX:VUL) Progressed On Zero Carbon Lithium Project? 

Summary Vulcan Energy (ASX: VUL) is advancing well towards its Zero Carbon Lithium™ project located in Germany. Lithium is trading at nearly three-year high levels amid robust demand in the electric vehicle (EV) sector. The Zero Carbon L...

Here’s why ASX healthcare shares RAP and RCE are on investor’s radar today
Stock Market

Here’s why ASX healthcare shares RAP and RCE are on investor’s radar today

Summary Digital health player ResApp Health has entered into a non-exclusive distribution agreement with Ilara Health. Recce Pharmaceuticals stated that RECCE® 327 had shown bactericidal activity against ESKAPE pathogens, including the Mult...

Top 5 ASX gainers of the day
Stock Market

Top 5 ASX gainers of the day

The ASX 200 traded in the positive territory, led by gains in the miners, just ahead of the Reserve Bank of Australis’s meeting.  Over the last five days, the ASX 200 has gained 0.34% and was currently 0.55% off its 52-week high. Heavyw...

It’s splitsville for the Gates: Bill, Melinda end 27-year marriage
World News

It’s splitsville for the Gates: Bill, Melinda end 27-year marriage

Microsoft co-founder and the world's fourth wealthiest person, Bill Gates and his wife Melinda have mutually decided to end their 27-year-long marriage. On Monday, they announced their split on Twitter through identical tweets. A glimpse into what...

Mixed opening for APAC markets; Japan, China and Thailand on holidays
World News

Mixed opening for APAC markets; Japan, China and Thailand on holidays

Summary APAC Markets witness mixed opening. Japan, China, Thailand markets are closed today on account of respective national holidays. All eyes are on interest rate decision by Australian RBA. Investors continue to closely watch the COVID-19...

Mid-Market: ASX 200 trades high ahead of RBA policy statement, financial shares in red
Stock Market

Mid-Market: ASX 200 trades high ahead of RBA policy statement, financial shares in red

The Australian share market continued to trade in positive on Tuesday afternoon, owing to favourable global cues, with the benchmark index ASX 200 adding 21.9 points or 0.31% to trade at 7,050. Seven of 11 sectors were trading in green, while Materi...

Nova Minerals (ASX:NVA) Makes Steady Progress at Estelle Gold Project
Sponsored

Nova Minerals (ASX:NVA) Makes Steady Progress at Estelle Gold Project

The ASX-listed mineral explorer Nova Minerals (ASX:NVA, OTCQB:NVAAF, FSE:QM3) has released its quarterly update for the period ending on 31 March 2021. The Company is advancing on the development of the resource base on its flagship Estelle Gold Pr...

Latest guidance stories: Worley Limited (ASX:WOR) & SEEK Limited (ASX:SEK)
Stock Market

Latest guidance stories: Worley Limited (ASX:WOR) & SEEK Limited (ASX:SEK)

Summary An inside viewpoint on how a business is faring and is likely to develop in the near term can potentially trigger a share price rerating. Worley Limited recently confirmed that it remains on track for a better result in the second half ...

  • May 04, 2021 12:32 PM AEST
  • Sukriti
Three ASX shares that are trading at a bargain
Stock Market

Three ASX shares that are trading at a bargain

Summary Austal witnessed a 29% increase in its net profits on the prior corresponding period in H1 FY21. St Barbara increased its earnings 26.7% from AU$100.26 million in 2019 to AU$127.03 million in 2020. Regis has been clocking reasonably st...

  • May 04, 2021 12:23 PM AEST
  • Aayush
SenSen Networks impresses with robust Q3 FY21 numbers
Sponsored

SenSen Networks impresses with robust Q3 FY21 numbers

Following two record quarters of cash inflows, SenSen Networks Limited (ASX:SNS) has finished another stellar quarter with strong cash receipts and a solid cash balance. The AI software solutions provider has closed its March 2021 quarter with AUD ...

  • May 04, 2021 12:18 PM AEST
  • Damini
Iron ore rally bumps up ASX miners’ profits; supply concerns remain
Stock Market

Iron ore rally bumps up ASX miners’ profits; supply concerns remain

Summary The recent iron ore price rally has powered ASX-listed miners to churn out robust March quarter results. The miners across the globe struggled to operate effectively due to COVID-19 impacts and bad weather conditions last year. FY21 pr...

Why are ASX shares Botanix Pharmaceuticals and Medibio on the rise today?
Stock Market

Why are ASX shares Botanix Pharmaceuticals and Medibio on the rise today?

Two ASX-listed healthcare shares are trending on the ASX today following key updates related to product development. Clinical stage synthetic cannabinoid pharmaceutical player Botanix Pharmaceuticals Limited (ASX:BOT) disclosed that Phase 2a study...

Telstra hit with record fine of AU$1.5 million over porting dispute
Stock Market

Telstra hit with record fine of AU$1.5 million over porting dispute

Summary ACMA says that Telstra contravened laws on porting; slaps AU$1.5 million fine. Telstra has blamed the COVID-19 pandemic for its porting woes. ACMA believes 42,000 customers were hit because of hiccups in porting by Telstra. Austra...

NBN Technicians Protest Against Pay Cuts And Pyramid Contracting Model
Stock Market

NBN Technicians Protest Against Pay Cuts And Pyramid Contracting Model

The continuing issues related to pay cuts and the pyramid contracting model took a new turn on 03 May 2021. The NBN technicians engaged in the NBN project across the nation decided to walk off the job over cuts and the ongoing issues. These NBN te...

ASX 200 today:  Miners jump ahead of Reserve Bank of Australia’s meet
Stock Market

ASX 200 today:  Miners jump ahead of Reserve Bank of Australia’s meet

  The Australian equity benchmark ASX 200 on Tuesday opened higher ahead of the Reserve Bank of Australia (RBA) meet scheduled later in the day. According to the economists, the RBA is expected to maintain the cash rate at 0.1% and continue w...

  • May 04, 2021 11:19 AM AEST
  • Ashish
Why ASX 200 Listed Worley (ASX:WOR) Could Be On Investors’ Radar Today
Stock Market

Why ASX 200 Listed Worley (ASX:WOR) Could Be On Investors’ Radar Today

Summary Worley has secured a contract from Liquid Wind for its FlagshipONE facility in Sweden. Under the agreement with CITGO, Worley will provide services for its two US-based refineries. Worley remains on track for improved result in H2 comp...

RBA Monetary Policy: What market expects from the central bank
Economy

RBA Monetary Policy: What market expects from the central bank

The Australian share market closed flat with positive bias on Monday as traders were cautious ahead of Reserve Bank of Australia’s (RBI) policy meetings on Tuesday, with a decision expected at 2.30 pm. The ASX200 closed 3 points higher at 7,0...

Warren Buffett Names Greg Abel As His Successor at Berkshire Hathaway
World News

Warren Buffett Names Greg Abel As His Successor at Berkshire Hathaway

Summary The 90-year-old business mogul said in a TV interview that if he were to step down, Mr. Greg Abel would take over reins. Buffett, who has been the CEO of the company since 1965, had first discussed the succession plan in a letter to sha...

ASX 200 on Tuesday: Top 5 things to watch out
Stock Market

ASX 200 on Tuesday: Top 5 things to watch out

The ASX 200 is expected to open higher on Tuesday amid expectations that the Reserve Bank of Australia (RBA) would hold its cash rate at a record low despite a solid economic recovery and a housing boom. The local share price index futures surged ...

  • May 04, 2021 09:22 AM AEST
  • Ashish
Why Infomedia (ASX:IFM) acquired SimplePart
Technology Stocks

Why Infomedia (ASX:IFM) acquired SimplePart

Summary Infomedia Ltd announced that it had acquired US-based e-commerce platform SimplePart. The acquisition of SimplePart came for an upfront consideration of US$S24.5 million (A$31.6 million) along with an earn-out of up to US$20.5 million o...

  • May 04, 2021 09:12 AM AEST
  • Ashish
ASX 200 to open higher ahead of RBA meeting
Stock Market

ASX 200 to open higher ahead of RBA meeting

On Monday, the ASX 200 had a choppy trading session and closed 0.04% up, at 7028.8, after falling from the day’s high of 7068.4. In line with the sideways trend, the benchmark index is oscillating around 7,000 mark since quite a few session. ...

  • May 04, 2021 08:30 AM AEST
  • Aayush
Seven hot stocks to keep on your hitlist in May
Stock Market

Seven hot stocks to keep on your hitlist in May

When it comes to the weather, May in Australia offers something for all preferences. The final month of autumn in most parts is also the start of the dry season in the tropical north. Just like the weather’s diversity, investors can current...

  • May 04, 2021 04:00 AM AEST
  • Sukriti
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