Market updates

Australian Penny Stocks Navigating Opportunity Amid Rate Uncertainty
February 17, 2025 03:30 PM AEDT| By Team Kalkine MediaAustralian Penny Stocks Navigating Opportunity Amid Rate Uncertainty

Australian Shares Dip as Banks Face Pressure, While Consumer Staples Shine
February 17, 2025 01:26 PM AEDT| By Team Kalkine MediaHighlights,Australian shares drop due to disappointing bank results and anticipation of an interest rate cut.,Bendigo and Adelaide (ASX:BEN) posts its worst performance ever, down 17%.,A2 Milk (ASX:A2M) boosts consumer staples with strong results, up...

Australian Market Awaits RBA Rate Decision Amid Market Fluctuations
February 17, 2025 12:55 PM AEDT| By Team Kalkine MediaHighlights,Investors eye RBA’s potential interest rate cut decision.,S&P/ASX 200 dips slightly, remaining near recent highs.,US tariffs impact copper prices, widening the price gap globally.,Australian investors are closely monitoring the Reserve Ban...

Market Experts Urge RBA for Strategic Rate Adjustment
February 17, 2025 12:53 PM AEDT| By Team Kalkine MediaHighlights,Call for a 0.35% rate adjustment to bring cash rate to 4%,Move aims to align with global economic trends,Concerns over public trust in monetary policy decisions,David Bassanese, chief economist at Betashares, has advocated for a strategic...

Oaktree’s Refinancing Proposal for Star Entertainment: Key Developments and Implications
February 17, 2025 11:02 AM AEDT| By Team Kalkine MediaHighlights:,Oaktree Capital’s Offer:,A $650 million refinancing proposal has been made to support Star Entertainment Group Ltd (ASX:SGR), aiming to provide financial relief.,Lender Response and Conditions:,Star’s lending syndicate is expected to reje...

St George Mining Elevates Araxá Project with Strategic Alliances
February 17, 2025 11:00 AM AEDT| By Team Kalkine MediaSt George Mining Elevates Araxá Project with Strategic Alliances

PDAC: A Guide to the Key Explorers Heading to Canada
February 17, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,PDAC 2025 attracts 27,000 attendees from 135+ countries, spotlighting critical mineral stocks amidst rising gold prices.,Notable companies like American Salars Lithium (CSE:USLI) and Mithril Gold and Silver (ASX:MTH) are exploring promisin...

ASX 200 Set for Decline as S&P 500 Trades Flat: A2 Milk, Aurizon, Lendlease Earnings in Focus
February 17, 2025 10:40 AM AEDT| By Team Kalkine MediaHighlights,Mixed US Markets:,Strength in tech stocks was offset by weakness in healthcare and consumer staples, leading to a flat S&P 500.,Commodity Pullback:,Gold and copper experienced notable declines, reflecting broader market volatility.,A2 Milk...

ASX Market Opening: Anticipated RBA Rate Cut Influences Local Stock Exchange as Week 8 Commences | February 17, 2025
February 17, 2025 08:30 AM AEDT| By Team Kalkine MediaHighlights:,ASX 200 Futures Decline:,The ASX 200 futures dropped by 0.7% ahead of the Reserve Bank of Australia's first interest rate decision of the year.,Company Earnings Updates:,Westpac (ASX:WBC) reported a 9% decline in profits, while a2 Milk (A...

The Growing Strain of Rising Beer Taxes on Australia's Hospitality and Spirits Industry
February 17, 2025 12:00 AM AEDT| By Team Kalkine MediaHighlights,Rising alcohol taxes put pressure on beer and spirits prices.,Australian spirits tax is one of the highest globally.,Industry calls for a freeze and a review of the tax system.,Australia’s alcohol industry, especially beer and spirits, is...

Rio Tinto provides Iron Ore update following Tropical Cyclone Zelia
February 16, 2025 06:40 PM AEDT| By Business WirePERTH, Australia--(BUSINESS WIRE)--Rio Tinto’s port, rail and mine operations have resumed after Tropical Cyclone Zelia passed over Western Australia’s Pilbara region. All our people remained safe an...

Antares Metals (ASX:AM5) Unlocks High Copper Potential at Surprise Project
February 16, 2025 11:00 AM AEDT| By Team Kalkine MediaAntares Metals (ASX:AM5) Unlocks High Copper Potential at Surprise Project

Comet Ridge Advances Gas Projects Amid Growing East Coast Demand
February 16, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,Strategic Gas Expansion: Comet Ridge (COI) is advancing key gas assets, including the Mahalo Gas Project, alongside infrastructure improvements to meet rising demand.,Infrastructure Support Boosts Growth: APA Group (APA) plans a 24% capaci...

Reach New Highs Amid Economic and Global Developments
February 16, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,Gold Surpasses Previous Records:,The price of gold exceeded US$3,050 per ounce due to economic uncertainty and geopolitical events.,Demand for Precious Metals Increases:,Market shifts have driven higher interest in gold and silver, influen...

AI is accelerating the loan approval process, giving ASX fintechs such as MoneyMe a competitive edge.
February 16, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,AI is enabling faster lending approvals by streamlining application evaluations.,Digital lenders use alternative data to assess borrowers outside traditional credit models.,Companies such as MoneyMe, Plenti Group, and Wisr implement AI to...

ASX Penny Stocks: Market Performance and Company Developments
February 15, 2025 01:31 PM AEDT| By Team Kalkine MediaHighlights:,ASX200 moves higher, nearing its record level, prompting renewed attention to smaller-cap stocks.,A selection of ASX-listed penny stocks presents diverse financial profiles and industry focuses.,Companies in sectors such as education, tec...

Blue Star Helium has commenced drilling the Jackson 31 development well in Colorado.
February 15, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,Blue Star Helium's Jackson 31 well aims to develop helium, a critical resource.,The company collaborates with Helium One Global for financial backing.,High helium concentrations found promise the project's potential success.,Blue Star Heli...
Health Check: Additional Healthcare Reversals from Trump's Cost-Cutting Team
February 15, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,FDA's critical Office of Testing and Research remains operational amidst administrative reviews.,Biotech giants Cochlear and ResMed analyzed for potential growth following market fluctuations.,Leadership stability at Percheron despite inve...

Star Minerals is raising $1.6 million to advance Tumblegum South towards gold production.
February 15, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,A funding boost supports the progression of the Tumblegum South gold project.,Bain Global Resources enters as a key strategic partner.,The project features a granted mining lease with a defined gold resource.,Star Minerals, listed on the...
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Golden Mile set to commence initial drilling at Pearl copper project
February 15, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Golden Mile Resources (G88) secures a drilling contract with Alford Drilling for an initial campaign at the Pearl copper project.,The program includes multiple drill holes across key targets, focusing on Odyssey and Ford.,Drilling activit...

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