AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Live ASX News Today
-
7th Apr 04:47 PM AEST
-
7th Apr 04:33 PM AEST
Cosol (ASX:COS) gains contract extension of defence programme
The share price of Cosol Limited (ASX:COS) gained as much as 7.1% to A$0.75 per share as the Company’s unit COSOL Australia Pty Ltd will be providing its services to the ERP transformation programme of Australian Department of Defence.
The Company shared that this contract is an extension to the current project work for defence and valued at A$8.5 million and is expected to get completed between April 2021 and December 2022.
Meanwhile, the stock closed the session on Wednesday at A$0.725 per share, up 3. 571%.
-
7th Apr 04:32 PM AEST
-
7th Apr 04:26 PM AEST
Emerge Gaming (ASX:EM1) posts gains on subscribers’ growth in MTN Arena
The share price of online eSports operator Emerge Gaming Limited (ASX:EM1) gained as much as 15.2% to A$0.038 per share on Wednesday as the Company shared that since its launch in early 2020, about 225,000 paying subscribers have registered on MTN Arena platform.
Around 105,000 new subscribers have registered in the past two months, the Company said.
While, the stock is down 58.2% this year as of the last close, it traded at A$0.036 per share, up 0.090% at 3:09 PM AEST.
-
7th Apr 03:58 PM AEST
Recce Pharma (ASX:RCE) gains on positive results from sinusitis drug
The share price of Recce Pharmaceuticals Limited (ASX:RCE) rose as much as 8.2% to A$1.06 per share, as the Company shared its experimental drug R327 showed promise when tried out on a single patient , against a multidrug-resistant bacteria that causes sinusitis infection.
RCE stated that the patient was treated nasally with the drug under a category reserved for sufferers of a life-threatening illness.
Meanwhile, the stock was trading at A$1.030 per share, up 5.102% at 3:33 PM AEDT.
-
7th Apr 03:29 PM AEST
Australian travel stocks post gains on NZ travel bubble
The most significant travel stocks of Australia posted profits after the announcement of a travel bubble between Australia and New Zealand.
Prime Minister of New Zealand Jacinda Ardern has said that quarantine-free visits by Australians to New Zealand would be allowed from 19 April.
Qantas Airways Limited (ASX:QAN) added up to 4.6% while Flight Centre Travel Group Ltd (ASX:FLT) climbed up to 3.3%.
-
7th Apr 03:28 PM AEST
Share price of GO2 People (ASX:GO2) skyrockets on deal to buy Skill Hire Australia
The share price of The GO2 People Ltd (ASX:GO2) jumped as much as 81.1% to A$0.067 per share, its highest since 1 May 2020.
The Company has agreed to acquire Western Australia-based employment services provider, Skill Hire Australia Pty Ltd, for A$6.3 million in cash and issue of shares.
GO2 has stated that the acquisition is earnings and cash flow accretive.
The Company said that the merged entity will witness immediate cost rationalisation chances, which are likely to be more than A$500,000 on an annualised basis.
Meanwhile, the stock was trading at A$0.049 per share, up 32.432% at 3:03 PM AEST.
-
7th Apr 03:07 PM AEST
Jatcorp (ASX:JAT) gains considerably on CFDA nod for skincare product
The share price of Jatcorp Limited (ASX:JAT) gained as much 14.8% to A$0.031 per share on Wednesday. The Company stated that its Poupin Silky Brighten Revitalising Serum has been approved by Chinese government authority, China Food and Drug Administration (CFDA), for sale in China.
Jatcorp’s Hong Kong-based joint venture – JWR International Ltd – is developing the Poupin skincare brand.
The Company elaborated that it has got the approval for sale of the brand in China’s local department stores and cosmetics stores.
While the stock has gained up to 8% this year, as of the last close, it was spotted trading at A$0.029 per share, up 7.407% at 2:21 PM AEST.
-
7th Apr 02:49 PM AEST
Celsius Resources (ASX:CLA) gains on licence renewal for cobalt project in Namibia
The share price of Celsius Resources Limited (ASX:CLA) gained up to 8.6% to A$0.038 per share as the Company shared it has received an extension of term for Exclusive Prospecting Licence, the core licence of the Opuwo Project until March 2023 from Ministry of Mines and Energy in Namibia.
Meanwhile, the stock was spotted trading at A$0.038 per share, up 8.571% at 2:06 PM AEST.
-
7th Apr 02:34 PM AEST
Australia’s technology stocks hit highest in six weeks
Australian tech sub-index AXIJ climbs as much as 2.1%, hitting its highest since 24 February, led by EML Payments’ (ASX:EML) entry into open banking market.
EML, being the top gainer on ASX200 index, rose as much as 12.8% to A$5.800 per share, marking a record high.
The big players of the market, Afterpay Ltd (ASX:APT) jumped as much as 4.7%; Sezzle (ASX:SZL) rose up to 2.3%; Online aerial photomapping firm, Nearmap Ltd (ASX:NEA) went up 3.7%, hitting highest in over four weeks.
Meanwhile, as of the last close, sub-index had fallen 4.7% so far this year.
-
7th Apr 02:31 PM AEST
-
7th Apr 02:25 PM AEST
Iconic Rare Earths (ASX:IXR) at near nine-year high on MoU with Chinalco
The share price of Iconic Rare Earths Limited (ASX:IXR) gained as much as 16.1% to A$0.065 per share, its highest since 1 June 2012.
The Company stated that it has signed a non-binding Memorandum of Understanding with China Rare Metals and Rare Earth Co,. Ltd (CHINALCO).
IXR said that the MoU is in relation to development of Company’s Makuutu Rare Earths Project in Uganda.
Meanwhile, the stock was spotted trading at A$0.057 per share, up 2.678% at 2:03 PM AEDT.
-
7th Apr 02:15 PM AEST
-
7th Apr 02:00 PM AEST
Immutep (ASX:IMM) gains on European patent for its humanised form of cancer treatment
Immutep Limited (ASX:IMM) rose as much as 4.7% to A$0.445 as the Company has been granted a European patent for its LAG525, a humanised form of Immutep’s IMP701 antibody, a cancer treatment that is being developed to potentially treat a range of solid tumors.
The Company stated that patent is co-owned by IMM’s unit Immutep S.A.S. and Swiss multinational pharma company Novartis and will expire in 2036.
Meanwhile, the stock was trading at A$0.435 per share, up 2.352% at 1:36 PM AEST.
-
7th Apr 01:59 PM AEST
Testing by PharmAust Limited (ASX:PAA) results in antiviral activity, shares in green
The share price of the Clinical-stage oncology company stock PharmAust Limited (ASX:PAA) gained as much as 7.142% to touch A$0.105 per share as the Company provided an update on its antiviral programme investigating the development of MPL and its metabolite MPLS as antiviral therapeutics for the prevention and treatment of COVID-19 disease.
Data from extensive testing at LUMC, examining the effects of MPL and MPLS in specialised COVID-19 non-human primate systems, again indicate their antiviral activity.
-
7th Apr 01:36 PM AEST
Fiji Kava (ASX:FIJ) products to be sold in Chemist Warehouse stores across Australia & New Zealand
Australia’s largest pharmacy retailer, Chemist Warehouse will be stocking Fiji Kava Limited (ASX:FIJ) products thereby improving retail points of distribution and availability of Fiji Kava.
The rollout of these products to more than 300 Chemist Warehouse stores across Australia and New Zealand will happen in April and May.
The deal features Fiji Kava’s entire range of Noble KavaTM including Noble Kava TM extract capsules and three uniquely formulated Noble Kava varieties of Noble SleepTM, Noble CalmTM and Noble BodyTM.
Meanwhile, the stock was spotted trading at A$0.145, up 11.538% at 1:06 PM AEST.
-
7th Apr 01:10 PM AEST
-
7th Apr 12:44 PM AEST
MGC Pharma (ASX:MXC) gains on completing first bulk delivery of food supplement
The share price of MGC Pharmaceuticals Limited (ASX:MXC) rose as much as 11.5% to A$0.068 after the medical cannabis Company stated that it has completed delivery of the first bulk order in March of its food supplement ArtemiC Rescue to Swiss PharmaCan AG.
The Company said that the order is worth about A$435,000 wholesale production revenue.
Meanwhile, the stock was spotted trading at A$0.068 per share, up 11.475% , with a market capitalisation of A$139.04 million at 12:00 PM AEST.
-
7th Apr 12:08 PM AEST
Dreadnought Resources (ASX:DRE) sees best day in over six months on deal with metal miner
The share price of Dreadnought Resources LTD (ASX:DRE) gained as much as 15.8% to A$0.022, marking its biggest intraday percentage gain since 5 October 2020.
The Company entered an option deal with Canada-based copper and gold miner First Quantum Minerals for metal rights over tenements within the Mangaroon project in the Gascoyne Region of Western Australia.
The Company stated that the option provides FQM the right to earn a 51% interest in Mangaroon by shelling out A$15 million.
Meanwhile, the stock was seen trading at A$0.020 per share, up 5. 263% at 10:57 AM AEST.
-
7th Apr 11:54 AM AEST
EML Payments (ASX:EML) acquires Sentenial Limited and enters the open banking market in Europe
EML Payments Limited (ASX:EML) announced on Wednesday that it has entered into a binding share purchase agreement to acquire 100% of Sentenial Limited and its wholly-owned subsidiaries including their open banking product, Nuapay for an upfront enterprise value of A$108.6 million, plus an earn-out component of up to A$62.1 million.
This acquisition broadens EML’s payment offerings to include alternate payment products to address customer demand, complementing card scheme-based payments.
Meanwhile, the stock EML was spotted trading 10.700% higher at A$5.690 per share at 11:30 AM AEST.
-
7th Apr 11:30 AM AEST
Bod (ASX:BDA) grabs first binding purchase order for US market, shares surge
Bod Australia Limited (ASX:BDA) secured its maiden A$312,000 purchase order from global partner Health & Happiness Group Limited for first consumer CBD products to be launched in the US initially via ecommerce channels.
US consumer CBD products market valued at US$1.88 billion in 2020 and is likely to grow to US$6.9 billion by 2025.
Bod will now be manufacturing three full spectrum CBD oil products, derived from European Good Manufacturing Practice CBD extracts for the US market.
-
7th Apr 11:23 AM AEST
Australian Minister says superannuation funds should uphold new coal projects
Source: © Dzmitryshashko | Megapixl.com
Australian resource minister Keith Pitt on Tuesday said that country’s superannuation funds should be free to financially uphold the expansion plan of the coal industry.
- Pitt's comment follows the growing pressure from the environmental groups on the institutional investors to dodge the funding for new thermal coal mines as a part of the green energy movement.
- Two superannuation funds, including QSuper and Sunsuper, with a combined value of $200 million, were under pressure by environmentalist groups.
- The coal industry is proposing 23 new coal mines and extensions in NSW with an annual production capacity of about 155Mt.
- As per the latest STEO by the EIA, it forecasted that the US' power consumption would rise by 2 per cent this year due to ease in lockdowns, which could create extra pressure on coal's supply.
-
7th Apr 11:08 AM AEST
Australia calls on EU to ship all pre-ordered COVID-19 vaccine doses
Australia’s Prime Minister Scott Morrison shared in Wednesday that Australia has asked the European Union to allow exports of the entire 3.8 million COVID-19 vaccine doses the country has pre-ordered.
The EU has denied blocking the supply.
Morrison said that if the European Union is happy for these export licences to be granted and their 3.8 million doses to come to Australia, then Australia government would encourage them to do that.
Meanwhile, Australia has blamed the delay of 3.1 million AstraZeneca doses, that were scheduled to be delivered by the end of March, for falling behind in its own vaccination programme.
-
7th Apr 11:07 AM AEST
Cycliq Group (ASX:CYQ) to raise up to A$4.6 million at an issue price of A$0.001 per share
Cycliq Group Limited (ASX:CYQ) confirmed the execution of convertible notes to raise A$500,000 from investors and directors of the Company.
The Company will also undertake a fully underwritten Renounceable Rights Issue to raise approximately A$4,100,000.
Meanwhile, the stock was quoted at A$0.002 per share.
-
7th Apr 10:54 AM AEST
Source: © Sgame | Megapixl.com
Gold Prices inched around 1 per cent higher on Tuesday to reach their highest level in the past two weeks, amid the weakening of the US dollar and lower US Treasury Yields.
- Gold Futures for June delivery traded flat at US$1,743.05 per ounce on 7 April 2021 at 10:04 AM AEST.
- Gold prices are being lifted by the weaker US dollar, which fell to the two weeks lows, making gold available at more affordable prices for other currency holders.
- The economic growth forecast was revised to 6.4 per cent for the year by the International Monetary Fund.
- Investors are also waiting for the minutes of the Federal Reserve's last meeting to get a deeper dive into the monetary policy, which could also affect the gold prices.
-
7th Apr 10:54 AM AEST
Asian American Medical Group (ASX:AJJ) partners UK’s King’s College Hospital for Hainan’s first Liver Centre
Singapore-based Asian American Medical Group Limited (AAMG) (ASX:AJJ) has stated that it is partnering London’s King’s College Hospital to set up the first standalone liver centre in the Boao Lecheng International Medical Tourism Pilot Zone in Hainan, China.
This live centre will cater to patients from China and the ASEAN region.
Meanwhile, the stock was seen trading at A$0.055 per share at 10:15 AM AEST.
-
7th Apr 10:44 AM AEST
Citi raises target price, earnings view for Sims (ASX:SGM) as scrap prices go up
As per refinitiv, Citi has raised the target price of scrap-metal recycling Company Sims Limited (ASX:SGM) to A$15.30 per share from A$15 on improved earnings outlook.
The brokerage firm has stated that scrap prices have gone up with US bushelling scrap at A$580 per tonne. This may remain at high levels.
The firm has also added that the near-term demand for scrap in China is expected to remain high.
Therefore, Citi expects a quicker recovery in SGM earnings and has raised the net profit after tax estimates by 25% for FY21 at A$115 million and 4% for FY22 at A$132 million.
Meanwhile, the stock was spotted trading at A$15,200 per share at 10:18 AM AEST.
-
7th Apr 10:43 AM AEST
-
7th Apr 10:29 AM AEST
Dexus (ASX:DXS) sells Brisbane property to fund A$285 million debt repayment
Dexus Property Group (ASX:DXS) has announced that it will be selling 10 Eagle Street, Brisbane and exchanged contracts regarding the same on 1 April 2021. The asset is owned by the Dexus Office Partnership, in which Dexus holds a 50% interest.
As per the release, the sale will generate around A$285 million which the Company will be utilising in repayment of debt.
Meanwhile, the stock of this ASX 200-listed Company traded 1.041% up at A$9.700 per share at 10:09 AM AEST.
-
7th Apr 10:19 AM AEST
St George Mining (ASX:SGQ) provides an update on its exploration activities, shares watchful
St George Mining Limited (ASX:SGQ) gave an update on the exploration at Mt Alexander Nickel-Copper Sulphide Project on 7 April 2021.
The Company shared that new off-hole electromagnetic conductors have been identified by downhole EM surveys in MAD195 and MAD196.
As per the release, three strong EM conductors were identified from MAD195 with modelled conductivity of 19,320 Siemens, 22,950 Siemens and 16,850 Siemens respectively.
The Company also shared that the new off-hole EM conductors are located down-dip of previous drill targets, a highly prospective location for the extension of nickel-copper sulphide mineralisation at depth.
Meanwhile, the stock was spotted trading at A$0.078 per share on Wednesday.
St George Mining Limited (ASX:SGQ) gave an update on the exploration at Mt Alexander Nickel-Copper Sulphide Project on 7 April 2021.
The Company shared that new off-hole electromagnetic conductors have been identified by downhole EM surveys in MAD195 and MAD196.
As per the release, three strong EM conductors were identified from MAD195 with modelled conductivity of 19,320 Siemens, 22,950 Siemens and 16,850 Siemens respectively.
The Company also shared that the new off-hole EM conductors are located down-dip of previous drill targets, a highly prospective location for the extension of nickel-copper sulphide mineralisation at depth.
Meanwhile, the stock was spotted trading at A$0.078 per share on Wednesday.
-
7th Apr 10:05 AM AEST
Bass Metals (ASX:BASS) Reaches Agreement to develop advanced materials
In the latest development, Bass Metals Ltd. (ASX:BSM) has inked a Master Research and Development Agreement with Swinburne University of Technology regarding the development of Specialty Carbon Composites. These shall be developed by making use of Bass’ concentrates for the manufacture of various advanced materials using both Expandable Graphite and Graphene.
Bass is uniquely placed to service the rapidly growing advanced materials sector and has commenced the first project under the Agreement as Swinburne has received its initial batch of graphite concentrates from Bass’ operations in Madagascar for the commencement of purification optimization and Expandable Graphite and Graphene manufacturing.
-
7th Apr 09:58 AM AEST
Waterco (ASX:WAT) appoints Group Chief Operating Officer
Waterco Limited (ASX:WAT) has announced that Bryan Goh will be promoted and will take on the role as Group Chief Operating Officer of the company with effect from 1 July 2021.
Goh joined the Company in the year 1998. He is at present working as the Group Marketing Director of Waterco.
Meanwhile, the stock traded at A$2.900 per share on Wednesday.
-
7th Apr 09:57 AM AEST
Health and Plant Protein Group (ASX:HPP) secures USD8 million debt facility
Health and Plant Protein Group Limited (ASX:HPP) has inked a USD8 million secured revolving line of credit facility with American AgCredit, FLCA through its subsidiary, MacFarms, LLC.
According to HPP, around USD3,000,000 have been drawn to refinance and completely fulfill the outstanding working capital finance facility with Greensill Capital (UK) Limited.
Meanwhile HPP stock last traded at AUD0.250 with an AUD30.70 million market capitalisation.
-
7th Apr 09:54 AM AEST
DroneShield (ASX:DRO) grabs a A$1.1 million government customer contract
DroneShield Limited (ASX:DRO) announced on Wednesday that it has received an order in total amount of about A$1.1 million from a high profile government customer from a Five Eyes country.
This new contract is placed by an existing customer and is a follow up order from previously announced orders.
Meanwhile, the last quoted price of the stock on the ASX was A$0.160 per share.
-
7th Apr 09:27 AM AEST
Westpac Banking (ASX:WBC) receives green signal for Integrated Plan from APRA
One of the big four banks of Australia, Westpac Banking Corporation (ASX:WBC) has secured approval from the Australian Prudential Regulation Authority (APRA) for its Integrated Plan developed in response to the Enforceable Undertaking, entered into on 3 December 2020.
As per the terms of the Enforceable Undertaking, it was needed that WBC would submit a detailed integrated plan outlining all major remediation activities associated to risk governance with APRA for approval, while the plan was also needed to have clear timelines and state who is accountable for delivery.
-
7th Apr 09:27 AM AEST
-
7th Apr 09:12 AM AEST
-
7th Apr 08:29 AM AEST
-
7th Apr 08:25 AM AEST
