Market updates

ASX Faces End to Winning Streak as Lower LNG Prices Impact Santos
August 21, 2024 02:30 PM AEST| By Team Kalkine MediaAustralian shares experienced a decline for the first time in nine days as the market absorbed approximately 40 corporate earnings reports on what was the busiest day of the ASX earnings season.,The benchmark S&P/ASX 200 index dropped 0.3% or 20.4 po...

Mirvac Group Finance (ASX: MGR) Announces Plans for Green Bond Issue
August 21, 2024 01:43 PM AEST| By Team Kalkine MediaMirvac Group Finance,(ASX: MGR),is preparing for a significant move in the financial markets with its upcoming green bond issuance. This initiative aims to raise funds to support eligible green projects, assets, or activities, reflecting a commitment...
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ASX Spotlight: Wesfarmers Ltd and ResMed CDI
August 21, 2024 12:57 PM AEST| By Team Kalkine MediaTwo ASX giants have recently caught the eye of investors: Wesfarmers Ltd , which has surged nearly 30% this year, and ResMed CDI, rebounding strongly from its 52-week lows. This article delves into the reasons behind their impressive share price move...

Domino's Australia franchise slumps 7% as high costs take larger slice of profit
August 21, 2024 11:41 AM AEST| By EODHD(Reuters) - Shares in Australia-based Domino's Pizza Enterprises Ltd slumped more than 7% on Wednesday, after the franchise operator flagged a weak start to fiscal 2025, as rising costs and frugal con...

ASX Expected to Slip as Santos (ASX: STO) Profit Misses Expectations; Perpetual Resources (ASX: PEC) Appoints New CEO
August 21, 2024 10:38 AM AEST| By Team Kalkine MediaAustralian shares are expected to decline, reflecting a broader market pullback overseas as investors digest a flood of corporate earnings on what is shaping up to be the busiest day of this earnings season.,ASX futures,are down 44 points or 0.6% to...

ASX 200 Set to Decline as S&P 500 Ends Winning Streak; Brambles, Bapcor, and Wisetech Release Earnings
August 21, 2024 09:51 AM AEST| By Team Kalkine MediaASX 200 futures are down 44 points, or -0.55%, as of 8:30 am AEST.,Overnight, major U.S. benchmarks eased after an eight-session rally, with the U.S. dollar hitting its lowest level since March. Market participants are now focused on Powell's upcomin...

Crude Oil Prices Drop Amid Easing Supply Issues, Subsiding Geopolitical Risk, ANZ Bank Says
August 20, 2024 07:03 PM AEST| By EODHDCrude Oil Prices Drop Amid Easing Supply Issues, Subsiding Geopolitical Risk, ANZ Bank Says

ASX Eyes Eight Consecutive Sessions of Gains; Yancoal Shares Drop 20%
August 20, 2024 05:54 PM AEST| By Team Kalkine MediaAustralian shares are on track for their eighth consecutive session of gains as trading on Tuesday winds down. The S&P/ASX 200 Index (ASX: XJO) is up by 10 points, or 0.1%, reaching 7997.5 points. Earlier in the session, the benchmark surpassed the 8...

Australia's Dexus marks worst day in over 3 years as annual loss widens
August 20, 2024 11:28 AM AEST| By EODHDBy Shivangi Lahiri (Reuters) - Shares in Australia's Dexus dropped most in more than 3 years on Tuesday, after the real estate firm reported a wider-than-expected loss for fiscal 2024, owing to a stee...

Why BHP (ASX: BHP) and CSL (ASX: CSL) Shares Are Notable Right Now
August 20, 2024 11:25 AM AEST| By Team Kalkine MediaThe share prices of BHP Group Ltd and CSL Ltd have seen notable movements in 2024, making them intriguing options for those keeping an eye on the market.,BHP Group Ltd (ASX: BHP),BHP Group Ltd, formerly known as BHP Billiton, has seen its share price...

ASX Surpasses 8000 Points; Baby Bunting (ASX:BBN) Jumps 15%, Dexus (ASX:DXS) Declines
August 20, 2024 10:46 AM AEST| By Team Kalkine MediaHighlights:,ASX Recovery:,The ASX has regained 8000 points, rising 34 points (0.4%) to 8014.9, following gains in US markets and a 4.5% rebound from earlier losses this month.,Notable Stock Movements,:,Baby Bunting (,ASX:BBN,) saw a significant 15.1%...

ASX Expected to Rise; KMD Brands Warns of Challenging FY24, Ansell Reduces Dividend
August 20, 2024 10:27 AM AEST| By Team Kalkine MediaThe ASX is anticipated to open higher as investors react to recent corporate updates. KMD Brands (ASX:KMD) has signaled a difficult fiscal year 2024, forecasting challenges ahead. Meanwhile, Ansell Limited (ASX:ANN) has announced a reduction in its d...

ASX 200 Set to Rise as S&P 500 Records 8th Consecutive Day of Gains; Ansell and Hub24 to Spotlight Earnings
August 20, 2024 09:57 AM AEST| By Team Kalkine MediaAs of 8:25 AM AEST, ASX 200 futures are showing a 36-point rise, equating to a 0.45% increase, signaling a positive start for the Australian market. This anticipated strength follows Wall Street's upbeat performance, where the S&P 500 closed near ses...

Woodside, Climate Group Agree to End Scarborough Gas Challenge
August 19, 2024 03:27 PM AEST| By EODHD(Bloomberg) -- Woodside Energy Group Ltd. and the Australian Conservation Foundation agreed to dismiss the latter’s challenge to the development of the $12.5 billion Scarborough natural gas field off...

Lendlease reports $1 billion loss amid strategy shift, regulatory delays
August 19, 2024 02:35 PM AEST| By EODHD(Reuters) - Australia's Lendlease on Monday said its annual loss widened as the real estate developer faced the brunt of a major shift in operational strategy amid a delay in the corporate regulator's...

BHP Miners Lift Strike After Negotiators Reach Wage Accord
August 17, 2024 03:09 AM AEST| By EODHD(Bloomberg) -- BHP Group and union leaders in Chile reached a preliminary wage agreement on Friday, setting the stage for a resumption of normal production at the world’s biggest copper mine. Prices d...

Shares Rise 1.3% as Miners Rebound and NAB Reports Positive
August 16, 2024 05:10 PM AEST| By Team Kalkine MediaThe Australian sharemarket extended its winning streak to six consecutive sessions, driven by a broad rally as investors increasingly bet on central banks cutting interest rates later this year. The market's momentum was further fueled by positive ec...

Lobe Sciences Announces Creation of Wholly Owned Subsidiary, Alera Pharma, Inc.
August 16, 2024 02:15 PM AEST| By Business WireAlera Pharma, Inc. is a newly formed C-Corp wholly owned by Lobe Sciences, Ltd. Mr. Rick Goulburn is appointed as the Chief Executive Officer of Alera Pharma, Inc. Dr. Frederick D. Sancilio has be...

Rea Group Ltd (ASX: REA) and Woolworths Group Ltd (ASX: WOW) Share Prices to Monitor
August 16, 2024 12:59 PM AEST| By Team Kalkine MediaIn 2024, Rea Group Ltd. and Woolworths Group Ltd. have drawn investor focus with notable share price movements. REA Group has surged significantly, driven by robust revenue growth, while Woolworths is nearing its,52-week high,, appealing to those see...

Perseus Mining FY24 Results Investor Webinar
August 16, 2024 11:36 AM AEST| By EODHDPerseus Mining Limited Perth, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Perseus Mining Limited (ASX/TSX: PRU) is hosting an investor webinar and conference call to discuss its FY24 Results, which are anticipa...

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