Stock Market

ASX 200 defies Asian markets, closes higher backed by materials

 ASX 200 defies Asian markets, closes higher backed by materials

Highlights ASX 200 closed today’s trade merely 3.30 points up at 7,148.90 points. Materials supported gains against the pulldown from financials and utilities. Incitec Pivot, Imugene, and Elders were some newsmakers of the day. Star...

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WES, WOW, COL, EDV: How are these ASX consumer stocks performing?

WES, WOW, COL, EDV: How are these ASX consumer stocks performing?

  • May 23, 2022 05:25 PM AEST
  • Ritwika

Highlights The ASX 200 consumer staples sector is one of the worst-performing sectors on the ASX today. The consumer stocks are trading in red today due to the performance of the consumer sector. The S&P/ASX 200 Consumer Staples sector...

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CBA, NAB, WBC, ANZ: How are ‘Big-4’ bank stocks performing post elections

CBA, NAB, WBC, ANZ: How are ‘Big-4’ bank stocks performing post elections

Highlights Global market worries and an expected Federal Reserve tightening weigh on Australian stocks like NAB, CBA, WBC, ANZ. Financials, specifically banking stocks, trade tad lower than Friday’s close today. ASX 200 was up just 0...

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Invictus Energy raises AU$12m for Mukuyu Target drilling

Invictus Energy raises AU$12m for Mukuyu Target drilling

Highlights Invictus Energy Limited (ASX:IVZ) has raised AU$12 million through the private placement of shares at AU$0.20 per share. Funding will be dedicated to the progress of drilling of the Mukuyu prospect, planned in July – August CY2...

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FMG, RIO, S32, BHP: Why are these ASX mining stocks in limelight today?

FMG, RIO, S32, BHP: Why are these ASX mining stocks in limelight today?

Highlights The benchmark index was up 0.012% at 7146.500 points at 12:55 PM AEST today. Two sectors – Materials and Energy traded higher, while the remaining nine traded in the red zone in the intraday trading session today. Iron ore pri...

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What lies ahead for Imugene Limited (ASX:IMU) in 2022?

What lies ahead for Imugene Limited (ASX:IMU) in 2022?

  • May 23, 2022 03:54 PM AEST
  • Damini

Highlights Imugene Limited (ASX:IMU) remains in the top three largest biotech companies in Australia today. The Company looks forward to achieving a range of milestones in the rest of 2022. With A$100 million in cash, it is one of the most fin...

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Why is MarsRise (MARSRISE) crypto skyrocketing over 250% today?

Why is MarsRise (MARSRISE) crypto skyrocketing over 250% today?

Highlights MarsRise is a community-driven cryptocurrency To interact with the MarsRise community, the user needs to hold MARSRISE coins MarsRise is working on developing MarsRise games and NFTs. Crypto investors finally got some sigh of r...

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Labor leader Anthony Albanese takes oath as Australia’s 31st PM

Labor leader Anthony Albanese takes oath as Australia’s 31st PM

Highlights Anthony Albanese, the leader of Australia's Labor Party, was sworn in as the country's 31st Prime Minister. Penny Wong, a South Australian senator, was appointed as Australia's foreign minister. Jim Chalmers of Queensland was sworn ...

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Wide Open Agriculture (ASX:WOA) shares soar 26% on MNA supply agreement  

Wide Open Agriculture (ASX:WOA) shares soar 26% on MNA supply agreement  

Highlights WOA has signed its first third-party agreement for Buntine Protein™. MNA is expected to purchase about 60% of total production of Buntine Protein™ from WOA's expanded pilot production facility over a two-year period. Bun...

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Crypto Catch: Tether struggles as fund withdrawals continue

Crypto Catch: Tether struggles as fund withdrawals continue

Highlights Stablecoin Tether’s woes have continued from last week with massive withdrawals across the network According to public blockchain records, US$1 billion worth of tether was redeemed just after midnight on Saturday Bitcoin grew ...

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Vic Wide Tyre Service acquisition steers RPM Automotive (ASX:RPM) on fast-growth track

Vic Wide Tyre Service acquisition steers RPM Automotive (ASX:RPM) on fast-growth track

  • May 23, 2022 01:11 PM AEST
  • Manisha

Highlights RPM Automotive Group is a prominent player in the Australian automotive aftermarket. The ASX-listed firm has completed 100% acquisition of Vic Wide Tyre Service. The acquisition is expected to be immediately value and earnings per s...

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