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ASX 200 closes 0.4% lower, energy and materials fall as commodities dive

 ASX 200 closes 0.4% lower, energy and materials fall as commodities dive

The Australian benchmark index ASX 200 dropped 0.4%, on the new financial year’s first trade session. Energy and materials pulled the index down as they aligned to the drop commodity prices. Even the Australian dollar hit its two-year low today.

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Nanoveu (ASX:NVU) signs MoU to form new JV; how are shares reacting?

Nanoveu (ASX:NVU) signs MoU to form new JV; how are shares reacting?

Highlights,Nanoveu and Alan Scott have signed an MoU for establishing a new firm, Alan Scott Nanoveu India Limited (ASNIL) in India.,ASNIL will have a paid capital of US$200,000, and Nanoveu will own 35% of the company.,Nanoveu’s expansion in India adds s...

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ASX 200 rises 0.6% in early trade; Mesoblast, Regis top gainers

ASX 200 rises 0.6% in early trade; Mesoblast, Regis top gainers

  • July 01, 2022 10:55 AM AEST
  • Ashish

The Australian shares opened down just 0.80 points on Friday to 6,567.30 after the three major Wall Street indices closing lower in the overnight trade

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Rock chip samples return up to 4.9% Li2O at QX Resources’ (ASX:QXR) Turner River, shares zoom 15%

Rock chip samples return up to 4.9% Li2O at QX Resources’ (ASX:QXR) Turner River, shares zoom 15%

  • July 01, 2022 10:33 AM AEST
  • Akshay

Highlights,Rock chip samples at the lithium project have returned grades up to 4.90% Li,2,The Turner River Lithium Project is 15km south of Australia’s second-largest lithium mine, Wodgina.,Additional assay results from the latest sampling programs at Spl...

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AEMO's 30-year roadmap to supply affordable electricity

AEMO's 30-year roadmap to supply affordable electricity

AEMO’s 2022 Integrated System Plan entails a 30-year roadmap for Australia’s energy industry transformation. The said plan intends to strengthen the National Electricity Market in the long run.

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From OCN to CKM: Five ASX IPOs set for July listing

From OCN to CKM: Five ASX IPOs set for July listing

  • July 01, 2022 09:17 AM AEST
  • Ashish

The month of July 2022 is also expected to see an increased activity on the initial public offering (IPO) front, in line with June

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ASX 200 to rise; Wall Street posts second straight quarterly fall

ASX 200 to rise; Wall Street posts second straight quarterly fall

  • July 01, 2022 08:17 AM AEST
  • Ashish

The Australian shares are likely to open marginally higher on the first day of new month following less than expected fall on Wall Street

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ASIC sues Mercer Financial Advice. Here’s why

ASIC sues Mercer Financial Advice. Here’s why

ASIC has sued Mercer Financial Advice for misleading its client by not presenting fee disclosure statement and charging fee for no services.

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ASX 200 sinks 1.97% to end financial year on a bleak note

ASX 200 sinks 1.97% to end financial year on a bleak note

ASX 200 finished the financial year laggard, closing 1.97% lower. Utilities, energy, and materials led losses, taking large-cap stock prices down. The worst hit stocks on the index were Tyro Payments Limited (ASX:TYR) and Unibail-Rodamco-Westfield. The to

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Latest MRE update boosts Allup Silica’s confidence in Sparkler A project

Latest MRE update boosts Allup Silica’s confidence in Sparkler A project

Highlights,Allup Silica has provided an update on the Inferred Mineral Resource of the Sparkler A Project.,37 million inferred tonnes,at,66%,SiO,2,and 0.02% (200ppm) Fe,2,O,3,in fine sand fraction (0.106mm – 0.6mm).,25 million inferred tonnes,at,67%,SiO,2...

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Sarytogan Graphite's IPO to list today; how are earlier listings faring?

Sarytogan Graphite's IPO to list today; how are earlier listings faring?

  • June 30, 2022 03:54 PM AEST
  • Ashish

Sarytogan Graphite Ltd (ASX:SGA) is set to make its ASX debut on Thursday, with no specific listing time mentioned.

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