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Market updates
ASX Sees Annual Gains Dampened by Year-End Decline
December 31, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- The Australian sharemarket experienced a decline on the final trading day of the year.,- Financial and technology sectors posted double-digit increases despite the overall annual drop.,- The S&P/ASX 200 fell short of its previous year's...
ASX Ends 2024 Lower Amid Global Market Declines
December 31, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- The ASX 200 index closed 0.92% lower during the final session of 2024.,- Nine out of eleven sectors recorded declines, led by gold and consumer-focused stocks.,- Energy stocks were the top performers as crude prices supported gains.,The...
ASX Wrap: Aussie Market Ends 2024 on a Down Note, but Posts Yearly Gains
December 31, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- The ASX ended 2024 with a 0.9% drop, closing at 8,159 points.,- Energy and Utilities sectors were the only gainers in the final session.,- The ASX200 recorded a 7.5% gain for the year, excluding dividends.,The Australian Securities Excha...
Exploring Three ASX Penny Stocks With Market Caps Under A$200M
December 31, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Australian stock market caps off a dynamic year with shifting trends.,- Key insights into three ASX-listed penny stocks with market caps under A$200M.,- Examining company operations, financials, and growth paths for informed decisions.,T...
ASX Ends 2024 on a Mixed Note as Energy and Healthcare Sectors Shine
December 30, 2024 06:10 PM AEDT| By Team Kalkine MediaHighlights,ASX closes slightly down as markets experience slow trading and profit-taking.,Energy and Healthcare emerge as top-performing sectors.,Real Estate leads sectoral declines with significant losses.,The Australian Securities Exchange (ASX) cl...
Karoon Energy Shares Surge as Drilling Kicks Off at Who Dat West
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Karoon Energy shares rise on the announcement of drilling activities in the US Gulf of Mexico.,- Energy sector gains even as broader ASX 200 index sees a decline.,- Who Dat West exploration well estimated to hold significant oil reserves...
Reflecting on Jimmy Carter: A Legacy of Leadership and Humanity
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Former US President Jimmy Carter, aged 100, passed away.,- Carter’s tenure included major domestic and global initiatives.,- Post-presidency, Carter became a renowned humanitarian.,Former US President Jimmy Carter, who holds the distinct...
Market Update: Big Tech Stocks Pressure US Markets as ASX Opens Weak
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Big Tech declines drag US markets down in holiday trading.,- ASX futures indicate a cautious opening amid Wall Street's tone.,- Crypto and gold follow equity markets with downward trends.,As the holiday season approaches, global markets...
Australian Market to Open Lower After Wall Street Decline
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Australian share market set to open lower after Wall Street's decline.,- Nasdaq led losses as tech giants reported notable drops.,- ASX trading hours adjusted for New Year’s holiday.,The Australian stock market is expected to open on a w...
Australia's Crackdown on Wage Theft: Tough Penalties for Employers
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Australia introduces strict penalties for wage theft from January.,- Major companies implicated in past wage theft cases.,- Employers can face imprisonment and substantial fines.,Australia has enacted new laws to criminalise wage theft,...
Austral and Challenger Forge $7M Partnership to Bolster Gold Production in Argentina
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights:,Strategic Alliance,: Challenger Gold and Austral Gold enter a three-year toll agreement for gold processing at the Casposo plant in Argentina.,Facility Upgrade Commitment,: Casposo to secure funding for refurbishment, backed by a $7M loan...
ASX Ends Year on a Red Note Amid Global Market Pressures
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,Market Performance:,The ASX dipped 0.35% in early trading as global market pressures and profit-taking weighed on sentiment.,Sector Impacts:,Key players in tech and retail, including Microsoft and Amazon, showed declines, reflecting Wall S...
Palo Alto Networks: Key Growth Trends and Financial Insights
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights:,Sustained Revenue Growth:,Over the last decade, Palo Alto Networks has maintained a compound annual growth rate of 30%, driven by its robust next-generation security ecosystems, Prisma and Cortex, alongside traditional offerings like Stra...
ASX Continues Strong Christmas Rally, Overcoming US Tech Selloff
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlight Summary:,ASX 200 Performance,: The Australian sharemarket extended its year-end rally, with the ASX 200 rising 0.5% to 8,261, marking gains in nine of its 11 sectors.,Biggest Stock Movers,: Clarity Pharmaceuticals, Zip, and Mesoblast saw no...
Betashares Eyes International Markets After Stellar Growth in 2024
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Betashares recorded notable asset growth, reaching A$46 billion under management.,- Expansion plans focus on Asia and enhancing ETF offerings globally.,- Key initiatives include acquisitions and new platform development.,Betashares, a le...
Indonesia Eyes Nuclear Power Expansion Amid Safety Challenges
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Indonesia proposes nuclear power plants at multiple sites to meet energy needs.,- Environmental concerns arise due to seismic risks in the region.,- Advanced safety measures and modular reactor technology are under review.,Indonesia has...
ASX 200 Gains Momentum Over Christmas Week with Sector-Wide Growth
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- ASX 200 ended Christmas week on a positive note, closing at 8,251 points.,- Consumer Discretionary, Healthcare, and Financials sectors led gains in the market.,- Utilities was the only sector to finish in the red, dragged by Origin Energ...
Trump's Shift on H-1B Visas Sparks Debate on Immigration and Economy
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Trump shifts his stance on the H-1B visa program, sparking discussions.,- Big business advocates Musk and Ramaswamy voice strong support for the program.,- Critics argue the program undercuts American workers' wages.,Donald Trump has adj...
Ethereum ETFs Shine Amid Bitcoin's Institutional Outflows
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Ethereum ETFs see growing inflows while Bitcoin ETFs face declines.,- Institutional interest in Ethereum ETFs supported by key developments.,- Bitcoin hovers below its all-time high amidst market volatility.,Ethereum (ETH) continues to c...
ASX Faces Challenges While BrainChip’s Mysterious Surge Grabs Attention
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- ASX faced a modest dip amid global caution and ex-dividend activity.,- BrainChip Holdings (BRN) soared despite no clear catalyst for its rise.,- Prominent small-cap stocks showcased diverse developments and partnerships.,The Australian S...
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