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Market updates
ASX Gains on IT Sector Strength Following Wall Street Rally
December 05, 2024 06:59 PM AEDT| By Team Kalkine MediaHighlights,ASX 200 Index rises by 0.15%, led by strong performance in the IT sector.,Spartan Resources gains over 10% after raising $220 million in a share placement.,Key appointments announced by Wesfarmers, Hearts and Minds, and ANZ Bank.,The Austr...
Ethereum ETFs Witness Strong Inflows Amid Market Optimism
December 05, 2024 06:48 PM AEDT| By Team Kalkine MediaHighlights,Ethereum ETFs report robust inflows, signaling renewed investor interest.,ETH prices surge 59% over the past month, reaching $3,829.,Multiple altcoin ETF filings await SEC decisions, with potential regulatory shifts ahead.,Ethereum-focused...
Battery Age Minerals (ASX: BM8) Positioned to Lead Amid Germanium Demand Surge and Geopolitical Shifts
December 05, 2024 01:21 PM AEDT| By Team Kalkine MediaHighlights:,Germanium’s Strategic Importance,:,Germanium, a critical platinum group metal, is essential for,fiber,optics and high-efficiency solar cells, with the global market expected to grow from USD $309 million in 2023 to USD $403 million by 203...
ASX Market Softens Amid Property Sector Declines and Corporate Updates
December 04, 2024 05:22 PM AEDT| By Team Kalkine MediaHighlights,ASX benchmark index dips amid property sector challenges and economic data.,(GMG) leads property sector decline after repricing block trade.,(PME) and (SGF) outperform with positive corporate updates.,The Australian share market experience...
ASX Slips Amid Property Decline; Pro Medicus and SG Fleet Shine
December 04, 2024 03:11 PM AEDT| By Team Kalkine MediaHighlights,ASX dips as property and utilities stocks decline,.,Pro Medicus (PME) and SG Fleet (SGF) gain after key announcements,.,Rio Tinto (RIO) signs a joint venture for the,Winu,project,.,Australian shares faced a downturn on Wednesday afternoon...
Future Generation Women’s Fund Aims to Transform the Investment Landscape
December 04, 2024 02:05 PM AEDT| By Team Kalkine MediaHighlights,The new fund will prioritize gender diversity and economic equality.,Renowned female fund managers will lead the initiative.,The fund is backed by $100 million from the Minderoo Foundation.,The Australian funds management sector is witness...
Oil Prices Stabilize Amid OPEC+ Progress and US-Iran Developments
December 04, 2024 01:11 PM AEDT| By Team Kalkine MediaHighlights,OPEC+ progresses on extending supply restoration delays,.,Iranian oil faces new US sanctions,impacting,crude transport,.,Brent crude stabilizes after a significant price surge,.,Oil prices steadied following a significant jump as the energ...
Australian Shares Dip as Property and Utilities Underperform
December 04, 2024 01:00 PM AEDT| By Team Kalkine MediaHighlights,Real estate and utilities sectors weigh down Australian market performance,.,Pro Medicus (PME) sees a positive rally amid founder announcements,.,Major corporate developments boost SG Fleet (SGF) and Rio Tinto (RIO),.,Australian shares dec...
China’s Export Ban on High-Tech Metals Escalates Trade Tensions with the US
December 04, 2024 12:21 PM AEDT| By Team Kalkine MediaHighlights,China restricts gallium and germanium exports,,impacting,US tech and defense sectors,.,US enforces export controls on Chinese tech firms, targeting AI and chip industries,.,Trade restrictions intensify geopolitical and economic tensions gl...
Empowering Change: Future Generation Women Fund Led by Female Trailblazers
December 04, 2024 11:40 AM AEDT| By Team Kalkine MediaHighlights,Future Generation Women Fund targets economic equality and female empowerment,.,Managed by leading female fund managers, focusing on Australian and global equities,.,Donates a,portion,of its assets to non-profits promoting women’s and chil...
Australian Sharemarket Reaches New Heights with Sector-Wide Gains
December 03, 2024 04:27 PM AEDT| By Team Kalkine MediaHighlights,Australian sharemarket achieves an all-time high driven by health sector gains.,Key stocks in the banking and mining sectors show varied performances.,Corporate news highlights significant moves in retail and food industries.,The Australia...
Memecoin Moo Deng's Explosive Surge After Coinbase Listing Announcement
December 03, 2024 03:58 PM AEDT| By Team Kalkine MediaHighlights,Moo Deng (MOODENG) skyrockets on Coinbase listing news.,Memecoin ecosystem experiences significant ripple effects.,Liquidity challenges underline the high-risk nature of memecoin trading.,Moo Deng (MOODENG), a memecoin built on the Solana...
Western Australia Grants Priority Status to APA Group’s Decarbonisation Project
December 03, 2024 02:38 PM AEDT| By Team Kalkine MediaHighlights,APA Group's power project gains priority status in Western Australia.,Project targets energy delivery in Pilbara for,decarbonisation,efforts.,APA to collaborate with stakeholders for smooth project execution.,APA Group’s (ASX:APA) electric...
Australian Sharemarket Hits Record High; Financials Lead the Rally
December 03, 2024 12:52 PM AEDT| By Team Kalkine MediaHighlights,Australian,sharemarket,reaches a new all-time high, driven by gains in consumer-related stocks.,Financials sector outperforms, while utilities decline amid mixed performances.,Key companies like Metcash (MTS) and Westpac (WBC) see notable...
Macquarie Expands Agriculture Portfolio with Stake in Fresh Produce Group
December 03, 2024 12:27 PM AEDT| By Team Kalkine MediaHighlights,Macquarie strengthens its agricultural asset platform with a major acquisition,.,Fresh Produce Group is valued at a significant amount in the agriculture sector,.,The deal bolsters Macquarie’s global footprint in food production.,Macquarie...
Musk’s Pay Package Rejected by Court: Tesla Faces New Challenges (NASDAQ:TSLA)
December 03, 2024 11:58 AM AEDT| By Team Kalkine MediaHighlights,Tesla shares dip following court ruling on Musk's pay package,.,Judge declares $US56 billion compensation excessive,.,Company faces uncertainty as legal proceedings continue,.,Tesla (NASDAQ:TSLA) witnessed a decline in its share price by 1...
Australian Housing Market Shows Signs of Slowdown in November
December 03, 2024 11:18 AM AEDT| By Team Kalkine MediaHighlights,Housing prices in Australia grew at the slowest pace since early 2023,.,Key markets like Sydney and Melbourne saw declines in November,.,Rising property listings and economic factors are,impacting,the housing market,.,The Australian housin...
ASX Eyes New Milestones Amid Tech Rally and Market Updates
December 03, 2024 11:16 AM AEDT| By Team Kalkine MediaHighlights,ASX futures,indicate,potential for record highs after tech gains in the US.,Woolworths faces operational challenges amid ongoing strikes.,Collins Foods reports lower profits due to cautious consumer spending.,The Australian share market is...
Australian Tech Stocks Drive ASX Higher Amid Key Sector Shifts
December 02, 2024 04:32 PM AEDT| By Team Kalkine MediaHighlights,Australian sharemarket sees tech sector leading gains, supported by strong US performance.,De Grey Mining (DEG) surges after a significant acquisition announcement.,Gold miners face pressure from a stronger US dollar impacting metal prices...
Oil Prices Edge Higher Amid OPEC+ Meeting Focus and Global Developments
December 02, 2024 03:58 PM AEDT| By Team Kalkine MediaHighlights,Oil prices see a rebound driven by China’s economic recovery signals.,Traders anticipate insights from OPEC+ on production policy shifts.,Geopolitical factors and economic indicators influence market stability.,Oil prices climbed alongside...
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