Keppel posts ‘highest in six years’ profit of SG$1.02 billion
Highlights Keppel Corporation posts a net profit of SG$1.02 billion for the entire year ended 31 December 2021. The conglomerate has proposed a final cash dividend of 21.0 cents per share. Keppel’s announcement also includes a share-buyb...
- January 28, 2022 09:37 PM AEDT
- Priyanka Payal
Australian Markets Closed Higher: What You Need to Know
On 28th January 2022, the stock market in Australia ended in green. On the same day, ASX 20 rose by 2.45% and ASX MIDCAP50 has witnessed a rise of 1.82%. Also, ASX 100 rose by 2.12% as well as ASX 200 has encountered a rise of 2.19%. Data Source: ...
- January 28, 2022 09:31 PM AEDT
- Team Kalkine Media
Carbon Revolution (ASX:CBR) shares close 19% strong. Here’s why
Highlights Carbon Revolution reports selling 4,397 wheels in the last quarter (unaudited). The company experiences a revenue growth of 86.6% in the given period (unaudited). CBR has also secured significant wheel manufacturing deals, including...
- January 28, 2022 09:30 PM AEDT
What is Titano crypto?
The price of Titano (TITANO) cryptocurrency surged about eight per cent in the last 24 hours and was trading at US$ 0.1298 per token at the time of writing. The surge in price could be due to the announcement on Twitter that the combined value for...
- January 28, 2022 03:02 AM EST
- Raza Naqvi
What is Moonbeam (GLMR) crypto & its Polygon-based network?
Can any blockchain network have monopoly in the decentralized apps (DApps) space? Today, networks including Ethereum, BSC, Cardano, Polkadot, and Solana are competing with each other to become the preferred blockchain for developers. Amid this con...
- January 28, 2022 06:32 PM AEDT
- Ankit Sethi
Want to jazz up your home? Renovator Store is your go-to one-stop shop
Highlights Renovator Store has emerged as Australia’s fastest growing online building fixtures store, helping Aussies upgrade their dream home. Do not pay showroom prices – this online store offers a wide range of renovation fixture...
- January 28, 2022 06:24 PM AEDT
Is Australia facing demand-pull or cost-push inflation?
Highlights It seems imperative to examine the root cause of existing inflation in Australia. Australia’s inflationary pressures can be attributed to both demand-side and supply-side forces. Experts are now anticipating an interest rate h...
- January 28, 2022 06:14 PM AEDT
- Akanksha Vashisht
Why are De Grey Mining (ASX:DEG) shares grabbing the limelight today?
Highlights DEG was one of the top searched stocks today. DEG shares ended 4.29% lower at AU$1.12 apiece on Friday. The stock has gained 16% in one year as compared to 6% gain in the ASX 200 index. De Grey Mining Limited (ASX:DEG),&nb...
- January 28, 2022 06:04 PM AEDT
- Sukriti Nair
Neometals (ASX:NMT) ends strong. Why the stock has been trending
Highlights AU$685.45 million dollar company Neometals ended today’s session quite strong – up 8.399%. The company has a cash balance of AU$72.8 million with zero debt. Neometals is also anticipating dual listing on the AIM market o...
- January 28, 2022 05:58 PM AEDT
- Priyanka Payal
Four ASX-listed stocks to look at for retirement portfolio
Investment in stocks with a potential to generate good dividend returns on consistent basis is always an excellent option to go for, irrespective of which age group you are in. However, investment decision for retirement becomes extra crucial as it...
- January 28, 2022 05:53 PM AEDT
Mount Burgess Mining reports busy December Quarter
Highlights During the quarter ending 31 December 2021, Mount Burgess conducted diamond core drilling at the Nxuu Deposit, which is a shallow basin-shaped polymetallic deposit. Mineralogical Test Work was conducted to determine the host mi...
- January 28, 2022 05:14 PM AEDT
- Anam Siddiqui
Cynata Therapeutics to soon receive a patent in Japan
Highlights Cynata has received a Decision to Grant a Patent from the Japanese Patent Office The patent application is wholly owned by Cynata and covers the Company’s Cymerus technology The patent is likely to be issued by March 2022 ...
- January 28, 2022 05:05 PM AEDT
From BHP to Woodside: How have top 50 stocks on ASX performed so far in 2022?
The Australian share market has had a choppy start to the year. Concerns about rising inflation fuelling interest rate hike chatter in many countries and uncertainty regarding the COVID-19 situation have spooked the global markets, including Aussie...
- January 28, 2022 04:41 PM AEDT
Why are Newcrest Mining (ASX:NCM) shares trading 5% down today?
Highlights Including today’s fall, NCM stock is down over 11% in this year so far. NCM’s Cadia mill capacity rose in the December quarter of 2021. Newcrest Mining’s gold production increased by 10% in the three months ending ...
- January 28, 2022 04:06 PM AEDT
- Bhawna Gupta
Weekend wrap: How did top cryptos perform during the week?
Highlights Many top cryptocurrencies have continued their downward journey over the week. Cryptos like Bitcoin, Ethereum, Cardano, Solana, etc., have witnessed a fall in their prices; even meme tokens like DOGE and SHIB are struggling to ...
- January 28, 2022 04:04 PM AEDT
- Jasmine Anand
Strong market response to VRX Silica’s Dec 2021 quarterly report card
Highlights VRX Silica Limited (ASX:VRX) has released a summary of the activities conducted during the December 2021 quarter at its silica sand projects. The Company primarily progressed with the development of its high-grade Arrowsmith North pr...
- January 28, 2022 03:59 PM AEDT
‘Crypto is for virgin’ trend shines the spotlight on ‘virgin’ Bitcoins
Highlights The new trend ‘crypto is for virgins’ has inadvertently brought ‘virgin’ Bitcoins to limelight The catchphrase is the latest trend amid a downward slide in the prices of most cryptocurrencies The slogan may a...
- January 28, 2022 03:52 PM AEDT
- Ankit Sethi
Imugene signs a new agreement for PD1-Vaxx, wins another patent for HER-Vaxx
Highlights Imugene Limited (ASX:IMU) has announced a new clinical trial supply agreement with Roche to evaluate PD1-Vaxx in combination with atezolizumab in NSCLC patients. The Phase1b trial of PD1-Vaxx will be undertaken at sites in the United...
- January 28, 2022 03:33 PM AEDT
Renegade Exploration (ASX:RNX) wraps up December quarter on a high note, enters agreement to acquire North Isa Project
Renegade Exploration Limited (ASX:RNX) concluded the December 2021 quarter on a high note, with a joint venture agreement with Burke Copper Pty Ltd in place for the North Isa Project. The agreement provides Renegade with an opportunity to earn up t...
- January 28, 2022 03:29 PM AEDT
- Nitish Kumar
Why is PointsBet (ASX:PBH) down by 23% in one week
Highlights PointsBet recently shared a bunch of company updates and activities that affected the share price significantly on the ASX. PointsBet Holdings has recently secured a gaming operator license in Pennsylvania. The company h...
- January 28, 2022 03:17 PM AEDT
Raiden Resources (ASX:RDN) reports a supercharged December quarter
Highlights Raiden launched a maiden drilling campaign over the Arrow Gold Project during the December quarter. The Company announced an exploration target on the Mt Sholl Project with a range of 20 to 40 million tonnes at grade rage between 0.5...
- January 28, 2022 03:09 PM AEDT
- Nitish Kumar
Crude oil dips after hitting seven-year highs
Highlights Crude oil prices tumbled on Thursday. Brent crude oil prices hit above US$90 per barrel on Wednesday. threats to the UAE from Yemen's Houthi movement had added concerns to the oil market. Crude Oil prices fell back from seven-y...
- January 28, 2022 02:55 PM AEDT
- Arpit Verma
Why are Lepidico (ASX:LPD) shares grabbing the limelight today?
Highlights Investors are keeping lithium specialist LPD on the radar. The lithium industry is continuously driven by tightening in demand-supply fundamentals. Australian lithium company Lepidico Ltd (ASX:LPD) has been grabbing the s...
- January 28, 2022 02:49 PM AEDT
Firebrick Pharma (ASX:FRE) makes ASX debut in style, shares jump 160%
Highlights Firebrick Pharma makes ASX debut after a successful IPO. Shares of the pharma company were trading 160% higher as of 12:42 PM AEDT. Firebrick raised AU$7 million through an initial public offering (IPO), which closed on 9 December 2...
- January 28, 2022 02:16 PM AEDT
- Sukriti Nair
Subsea 7 secures Shenandoah Project from Beacon Offshore Energy
Highlights Subsea 7 wins a ‘substantial’ project for Shenandoah Development from Beacon Offshore Energy. The project is valued between US$150 and US$300 million. In its third-quarter 2021 results, the company’s revenue rose 5...
- January 28, 2022 01:43 PM AEDT
- Priyanka Payal
How Argentina’s football world is embracing crypto
Highlights The recent agreement between Binance and Argentinian Football Association (AFA) has kicked off a new chapter in Argentina’s crypto story. Binance has replaced another crypto exchange, Socios The deal involves...
- January 28, 2022 01:42 PM AEDT
- Aditi Saha
Three ASX penny stocks outperforming the market today
Highlights The ASX Small Ordinaries index (ASX:XSO) was trading 0.07% lower at 3,094, as of noon. AUQ, IEC and DLT are some of the ASX penny stocks that cheered investors in today’s session. Investors must keep their position size in che...
- January 28, 2022 01:22 PM AEDT
ASX 200 rallies at open; Champion Iron, Pro Medicus lead gains
Highlights The benchmark ASX 200 rallied 1.58% or 108 points to 6,940 in the first 15 minutes of trading. Wall Street raced higher in opening session on Thursday, with a broad rally reversing by mid-afternoon. 10 out of the 11 sectors were tra...
- January 28, 2022 12:19 PM AEDT
Three bluechip ASX shares that can be explored in February
Highlights The ASX 200 fell into the official definition of ‘correction’ on Thursday. As a result, investors would now be looking at options that provide a better chance of holding up during challenging times. G...
- January 28, 2022 11:46 AM AEDT
ASX-listed Nutritional Growth Solutions (ASX:NGS) gives short-stature kids higher hopes
Highlights Nutritional Growth Solutions was founded by paediatric doctors at the Schneider Children’s Medical Centre of Israel after more than 20 years of research into the link between nutrition and child growth development The research ...
- January 28, 2022 11:32 AM AEDT
Chimeric Therapeutics (ASX:CHM) secures cell therapy patent protection in the US
Highlights Chimeric Therapeutics has been granted patent protection for CLTX CAR therapies from the US Patent and Trademark Office. For biopharmaceutical products, the United States is the single largest market globally. The US patent grant wi...
- January 28, 2022 10:57 AM AEDT
Beam Communications’ strong sales in Q2 paves way for higher H1 revenue
Highlights Beam Communications recorded a 52% jump in total sales in Q2. ZOLEO’s ANZ subscriber base grew by 627% on pcp. Total available funding stood at AU$9.8 million, as at 31 December 2021. The Company expects to post an increase i...
- January 28, 2022 10:45 AM AEDT
What powered ResMed’s Q2 earnings despite supply chain challenges
Highlights ResMed recorded robust top line growth across all its operations during the second quarter. The company’s revenue increased 12% to US$894.9 million. The net income was also up 12% to US$201.8 million. ResMed Inc (ASX:RMD)...
- January 28, 2022 09:53 AM AEDT
ASX 200 to rise; Tesla’s fall erases Wall Street gains
Highlights The Australian share market is expected to rebound on Thursday. According to the latest SPI futures, the ASX 200 is likely to open the day 106 points or 1.6% higher. On Wall Street, the Dow Jones closed down flat, the S&P 500 fe...
- January 28, 2022 09:04 AM AEDT