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 Australian Shares Surge as Interest Rate Cuts Loom

Australian Shares Surge as Interest Rate Cuts Loom

August 26, 2024 03:39 PM AEST| By Team Kalkine Media

Australian shares are poised to close the first session of the week on a positive note, driven by news from the US Federal Reserve. The S&P/ASX 200 Index has risen by 54 points, or 0.7%, to 8078 points, nearing the record high set earlier this month....

 ASX 200 Set to Rise as Powell Hints at Rate Cuts; Pilbara Minerals and Bendigo Bank Report Results

ASX 200 Set to Rise as Powell Hints at Rate Cuts; Pilbara Minerals and Bendigo Bank Report Results

August 26, 2024 09:50 AM AEST| By Team Kalkine Media

The ASX 200 (ASX: XJO) is expected to rise following signals from Federal Reserve Chair Jerome Powell that interest rate cuts may be imminent. This has generated optimism across the markets, likely leading to gains in the Australian share market. In...

 IPH Ltd (ASX: IPH) Secures $100 Million for Acquisition of Canadian IP Firm Bereskin & Parr

IPH Ltd (ASX: IPH) Secures $100 Million for Acquisition of Canadian IP Firm Bereskin & Parr

August 23, 2024 12:52 PM AEST| By Team Kalkine Media

Intellectual property services provider IPH Ltd (ASX: IPH) has successfully raised $100 million through an Institutional Placement aimed at funding its acquisition of Canadian intellectual property firm Bereskin & Parr.,The Institutional Placement at...

 Why Fund Managers Are Growing Discontented with These 10 ASX Stars

Why Fund Managers Are Growing Discontented with These 10 ASX Stars

August 23, 2024 12:14 PM AEST| By Team Kalkine Media

For chief executives and institutional investors, the critical phase of earnings season begins after the analyst calls, media interviews, and the presentation of results have concluded. Investor roadshows offer a unique opportunity for fund managers...

 ASX to Decline as Wall Street Retreats, Powell's Speech Anticipated

ASX to Decline as Wall Street Retreats, Powell's Speech Anticipated

August 23, 2024 11:54 AM AEST| By Team Kalkine Media

Australian shares are expected to open lower, mirroring the declines observed on Wall Street. Investors are grappling with Federal Reserve policymakers urging a reassessment of interest rate cut expectations.,Wall Street Performance (at 4 PM ET):,- D...

 Australian Shares Set to End 10-Day Winning Streak

Australian Shares Set to End 10-Day Winning Streak

August 23, 2024 11:10 AM AEST| By Team Kalkine Media

Australian shares are poised to end a 10-day winning streak on Friday, with the market opening down 0.2 percent at 8008 points. This decline follows a negative session on Wall Street, where the Nasdaq (NASDAQ:IXIC) experienced a drop of 1.7 percent.,...

 ASX 200 Set to Decline as S&P 500 Slips Ahead of Powell’s Speech; Inghams and Paladin Energy Release Results

ASX 200 Set to Decline as S&P 500 Slips Ahead of Powell’s Speech; Inghams and Paladin Energy Release Results

August 23, 2024 10:06 AM AEST| By Team Kalkine Media

ASX 200 Futures Down 43 Points as Wall Street Weakness Drags on Local Market; Key Earnings Reports from Inghams, Jumbo Interactive, and Paladin Energy,As of 8:30 am AEST, ASX 200 futures are trading 43 points lower, marking a 0.54% decline. The local...

 Hipages Group Holdings Ltd (ASX:HPG) Shares Surge Following Strong FY24 Results

Hipages Group Holdings Ltd (ASX:HPG) Shares Surge Following Strong FY24 Results

August 22, 2024 06:26 PM AEST| By Team Kalkine Media

Hipages Group Holdings Ltd (ASX:HPG), the online marketplace for tradespeople, has seen its shares rocket today, reflecting a strong investor response to its FY24 financial results. After closing at AU$1.28 per share yesterday, Hipages shares surged...

 GR Engineering Services (ASX:GNG) Shares Surge Nearly 3% Post-FY24 Results

GR Engineering Services (ASX:GNG) Shares Surge Nearly 3% Post-FY24 Results

August 22, 2024 05:47 PM AEST| By Team Kalkine Media

GR Engineering Services Ltd (ASX: GNG) is witnessed a notable rise in its share price, up nearly 3% today, following the release of its FY24 financial results. This uptick comes after a challenging period for the ASX mining company, during which its...

 IPH Ltd (ASX:IPH) Announces FY24 Results and Major Acquisition; Trading Halted

IPH Ltd (ASX:IPH) Announces FY24 Results and Major Acquisition; Trading Halted

August 22, 2024 05:08 PM AEST| By Team Kalkine Media

IPH Ltd (ASX: IPH), a prominent global IP services group, has been placed on a trading halt today following significant updates that include its FY24 earnings report and the announcement of a major acquisition. The trading freeze was implemented befo...

 ASX Shares on a Winning Streak as Earnings Reports Roll In

ASX Shares on a Winning Streak as Earnings Reports Roll In

August 22, 2024 02:01 PM AEST| By Team Kalkine Media

Shares have added 0.3% at lunchtime, positioning the market for its tenth consecutive session of gains, a milestone not seen since 2015. This rally comes amid a flurry of earnings reports from Australian companies and follows positive momentum on Wal...

 Two ASX Shares to Watch: SOL and TLS

Two ASX Shares to Watch: SOL and TLS

August 22, 2024 01:46 PM AEST| By Team Kalkine Media

The share price of Washington H. Soul Pattinson has seen a notable increase of 3.8% since the beginning of 2024. In contrast, Telstra Group Ltd is currently trading 3.6% below its 52-week high.,Washington H. Soul Pattinson (ASX: SOL),Washington H. So...

 Best Passive Income Ideas

Best Passive Income Ideas

August 22, 2024 01:07 PM AEST| By Team Kalkine Media

Amid the current cost-of-living crisis, many Australians are seeking additional sources of income to help cover rising expenses for essentials like food, petrol, and energy. With inflation hitting 7.8% in 2022 and remaining stubbornly high at 5.2% in...

 Top Investment Trading Apps for Australians

Top Investment Trading Apps for Australians

August 22, 2024 01:04 PM AEST| By Team Kalkine Media

Until recently, the idea of managing stocks and shares directly from your mobile device—essentially having a full-fledged dealing room in your pocket—seemed like a far-fetched notion. However, the rapid evolution of smartphones has turned this once-i...

 Guide To REITs

Guide To REITs

August 22, 2024 01:02 PM AEST| By Team Kalkine Media

Australia's property market is a cornerstone of its economy, with residential real estate often capturing the limelight. However, many retail investors overlook the potential of commercial real estate—such as office buildings, warehouses, and hotels—...

 What Are Dividends?

What Are Dividends?

August 22, 2024 01:00 PM AEST| By Team Kalkine Media

Dividend Stocks: A Cornerstone of Income Investing,Dividend-paying stocks have long been a cornerstone for investors aiming to generate income, particularly those planning for retirement or seeking to earn a steady living from the stock market. But i...

 Evaluating the WES Share Price for 2024

Evaluating the WES Share Price for 2024

August 22, 2024 11:29 AM AEST| By Team Kalkine Media

As the ASX surges, Wesfarmers Ltd and Fortescue Ltd are drawing attention. Wesfarmers has enjoyed a significant rise in share price this year, reflecting its strong market position. Meanwhile, Fortescue continues to focus on expanding its resource ba...

 ASX Set to Rise as US Stocks Surge on Growing Rate Cut Prospects

ASX Set to Rise as US Stocks Surge on Growing Rate Cut Prospects

August 22, 2024 11:05 AM AEST| By Team Kalkine Media

Australian shares are set to rise as US stocks gained in afternoon trade, buoyed by revisions to jobs data that largely met expectations. This development reinforces the view that the US labor market is cooling, increasing the likelihood that the Fed...

 Market Update: Shares Rise 0.3% as US Economic Data Fuels Rate Cut Expectations

Market Update: Shares Rise 0.3% as US Economic Data Fuels Rate Cut Expectations

August 22, 2024 10:44 AM AEST| By Team Kalkine Media

ASX Shares Rise, Megaport (ASX:MP1), G8 Education (ASX:GEM), and Collins Foods (ASX:CKF) Decline. Australian shares climbed 0.3% in early trading, buoyed by gains on Wall Street following revisions to US jobs data, which bolstered expectations for a...

 ASX Reporting Season Highlights: Capitol Health, Genesis Energy, SkyCity Entertainment, and Medibank

ASX Reporting Season Highlights: Capitol Health, Genesis Energy, SkyCity Entertainment, and Medibank

August 22, 2024 10:21 AM AEST| By Team Kalkine Media

As the 2024 fiscal year reporting season progresses, several key players across different sectors have revealed their financial performance, showcasing a mix of resilience and challenges. Diagnostic imaging provider Capitol Health, energy company Gen...

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