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Market updates
ASX Dips Amidst Commodity and Mining Stock Weakness
November 12, 2024 06:26 PM AEDT| By Team Kalkine MediaHighlights,ASX slips as BHP and Paladin Energy stocks retreat.,Commodities like iron ore and gold see further declines.,Energy and gold stocks suffer as demand concerns rise.,The Australian stock market continued its decline, with the S&P/ASX 200 Ind...
Hedge Funds Face Losses as Tesla Rallies Following Trump and Musk Alliance
November 12, 2024 06:19 PM AEDT| By Team Kalkine MediaHighlights,Hedge funds shorting Tesla incurred losses after Trump’s election win.,Elon Musk’s support for Trump boosted Tesla’s market, exceeding $1 trillion in value.,EV sector faces challenges under Trump’s policies, while Tesla’s stock thrives.,Te...
ASX Market Update: November 12 - Mixed Performance as Paladin Energy Tumbles
November 12, 2024 06:13 PM AEDT| By Team Kalkine MediaHighlights,ASX index dips 0.13%, with varied performance across sectors.,Paladin Energy experiences a significant decline.,Small-cap stocks shine with strong gains in lithium and graphite sectors.,The Australian Securities Exchange (ASX) faced a slig...
ASX Slips as Mining and Energy Stocks Decline; Paladin Energy and Block Move
November 12, 2024 03:03 PM AEDT| By Team Kalkine MediaHighlights,Mining and energy stocks weigh down the ASX 200 index,Paladin Energy cuts production forecast, seeing a sharp decline in share value,Block sees a significant rise, following gains in US trading,The S&P/ASX 200 index is facing losses as the...
Bitcoin Surge Sparks Hundred-Thousand Milestone Predictions Amid ETF Growth
November 12, 2024 01:36 PM AEDT| By Team Kalkine MediaHighlights,Bitcoin rallies, reaching new highs as traders eye the $100,000 mark.,U.S. policy shift and Bitcoin ETFs fuel strong institutional interest.,Australian investors embrace crypto ETFs amid promising returns.,Bitcoin has recently captured the...
Rising Consumer and Business Confidence Signals Easing Inflation in Australia
November 12, 2024 01:32 PM AEDT| By Team Kalkine MediaHighlights,Australia sees a lift in consumer sentiment, boosted by easing inflation.,Business confidence climbs significantly, reaching new heights in 2023.,Indicators suggest potential for adjustments in interest rates.,Australia’s consumer sentimen...
ASX Dips as Mining Stocks Fall; Paladin Energy Faces Major Decline
November 12, 2024 01:29 PM AEDT| By Team Kalkine MediaHighlights,ASX declines as mining, gold, and energy stocks see significant losses.,Paladin Energy faces a sharp decline following reduced production guidance.,Block experiences a strong rally amid gains in its US-listed shares.,The Australian S&P/ASX...
Oil Prices Hold Steady Amid Demand Concerns and Strong US Dollar
November 12, 2024 12:21 PM AEDT| By Team Kalkine MediaHighlights,Oil prices stabilize following a recent drop, facing a soft demand outlook.,Strong US dollar,impacts,oil costs, making it pricier for international buyers.,Market outlook suggests potential oversupply with cautious global demand.,Oil price...
Australian Market Dips with Mining and Energy Stocks Leading Losses
November 12, 2024 11:35 AM AEDT| By Team Kalkine MediaHighlights,Australian shares decline, with mining stocks leading losses.,Paladin Energy drops sharply due to lowered production guidance.,Liontown,Resources and Coles face distinct challenges amid market shifts.,The Australian stock market has experi...
Notable ASX Penny Stocks with Market Caps Around Thirty Million
November 11, 2024 07:25 PM AEDT| By Team Kalkine MediaHighlights,ASX penny stocks show mixed results amid market fluctuations.,Metal Bank, PharmX Technologies, and Voltaic Strategic Resources reveal unique financial traits.,Market volatility and leadership updates are key factors for each company.,The A...
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ASX Penny Stocks to Watch in November: Algorae, Lindsay, and Orcoda
November 11, 2024 07:05 PM AEDT| By Team Kalkine MediaHighlights,ASX200 down as weak Chinese stimulus impacts commodities.,Algorae Pharmaceuticals, Lindsay Australia, and Orcoda show growth potential.,Financial resilience and market positioning make these stocks worth watching.,The Australian Stock Exch...
Australia's Proposed Ban for Under-16s on Social Media and Streaming Sparks Debate
November 11, 2024 06:43 PM AEDT| By Team Kalkine MediaHighlights,Proposed Australian law aims to limit access for under-16s on social platforms and streaming.,Key concerns include privacy, age verification, and effectiveness of digital restrictions.,Social media companies advocate for increased parental...
ASX Opens Lower on Chinese Economic Concerns Despite Wall Street Gains
November 11, 2024 06:37 PM AEDT| By Team Kalkine MediaHighlights,ASX200 opens lower due to concerns over Chinese economic data.,Wall Street shows strong gains, hitting new records.,Mixed performance on ASX with updates from Fonterra and Black Cat Syndicate.,The ASX200 opened on a downward trend, slippin...
Xero, US Inflation, and Australia’s Job Data: What to Expect This Week
November 11, 2024 06:22 PM AEDT| By Team Kalkine MediaHighlights,Xero eyes growth in international markets with upcoming earnings report.,US inflation update amidst potential policy impacts.,Australia's job market may see slower growth with new labor data.,This week, several critical updates are expecte...
Chinese Stocks Decline as Stimulus Plan Disappoints Market Expectations
November 11, 2024 05:57 PM AEDT| By Team Kalkine MediaHighlights,Chinese stocks drop after underwhelming stimulus package announcement.,Hang Seng China Enterprises Index leads declines; property and consumer stocks hit.,Market eyes upcoming policy meetings for growth measures.,Chinese stocks listed in H...
Miners Dip on ASX as Chinese Stimulus Disappoints Investors
November 11, 2024 05:35 PM AEDT| By Team Kalkine MediaHighlights,ASX200 falls as Chinese stimulus underwhelms.,Commodity stocks struggle; IT sector sees gains.,Novonix, Nagambie Resources rise on positive developments.,The Australian Securities Exchange (ASX200) experienced a 0.35% drop, closing at 8,26...
Great Divide Mining Partners with Adelong Gold to Restart Historic Adelong Mine
November 11, 2024 04:43 PM AEDT| By Team Kalkine MediaHighlights,Great Divide Mining collaborates with Adelong Gold to revive the historic Adelong Gold Mine.,The venture could mark GDM's evolution from explorer to producer, starting with a 15% stake in the project.,The partnership also includes potentia...
Bitcoin Surges Past $US81,000 Amid Pro-Crypto Momentum in U.S. Politics
November 11, 2024 04:42 PM AEDT| By Team Kalkine MediaHighlights,Bitcoin crosses the $US81,000 mark as pro-crypto sentiment strengthens.,Trump’s win fuels optimism in the digital asset space.,Smaller cryptocurrencies like Dogecoin also see gains.,Bitcoin recently surged past $US81,000, marking a record...
ASX Sees Decline Amid Iron Ore Slump and Profit Warnings from Key Stocks
November 11, 2024 04:36 PM AEDT| By Team Kalkine MediaHighlights,ASX experiences dip as China’s economic measures fall short.,Mining and energy stocks,impacted,by lower iron ore and oil prices.,Endeavour Group issues profit warning amid flat sales,,impacting,share prices.,The Australian share market fac...
China's Trillion-Dollar Debt Restructuring Plan: Aims, Concerns, and Market Impact
November 11, 2024 03:49 PM AEDT| By Team Kalkine MediaHighlights,China unveils a massive debt restructuring plan to address local government debts.,Market response is cautious amid broader economic concerns.,Investors look to,upcoming,Central Economic Work Conference for further policies.,China has anno...
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