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ASX200 to rise as US futures gain & European stocks rebound
June 21, 2022 08:37 AM AEST| By Sukriti NairAustralian shares and benchmark index ASX200 are likely to get over the seven-day losing streak today. The expectations are based on a rebound witnessed in European shares. Also, ASX futures were up around 0.87% early morning (5:05AM AEST). The Aus.....
What’s weighing on Beach Energy (ASX:BPT) share price today
June 20, 2022 08:30 PM AEST| By Sonal GoyalHighlights Shares of Beach Energy dropped by approximately 8% on the ASX. Beach Energy shared identified new Yolla West infield opportunity. Yolla West which is expected to be a high-returning investment opportunity is prioritised over Trefoil.....
ASX 200 slumps alongside commodity prices, energy & material stocks suffer
June 20, 2022 06:24 PM AEST| By Sukriti NairHighlights ASX 200 closed 0.64% lower, pulled down by energy and material sector stocks. A-REIT remained the top gaining sector on ASX, while Paladin Energy and Champion Iron plunged. Global growth concerns, possible rate hikes by central bank.....
ANZ, NAB, PDL: These 3 ASX financial firms to pay dividend in July 2022
June 20, 2022 05:19 PM AEST| By Bhawna GuptaIf you want to receive regular income in an unpredictable market, dividend stocks are the way to go. A dividend is a small payment made to shareholders in exchange for investing in a company's stock. It is usually paid out of the company's net prof.....
BHP, FMG, RIO: Why these iron ore stocks are under pressure today?
June 20, 2022 04:46 PM AEST| By Sukriti NairHighlights Australian shares extended losses in afternoon trade weighed down by energy and materials stocks ASX200 Materials sector index is down over 4% today (20 June) Blue chip mining stocks like BHP, RIO, FMG, S32 and NCM witnesses huge lo.....
X2M Connect (ASX:X2M) wins major tenders in China and South Korea
June 20, 2022 04:07 PM AEST| By Aditi SarkarX2M Connect Limited (ASX:X2M), an Internet of Things (IoT) technology company, is all set to strengthen its footprint in Asia. On a significant note, the company has secured a tender each in China and South Korea. The upbeat market update triggere.....
X2M Connect (ASX:X2M) registers solid growth prospects with latest deals
June 20, 2022 03:15 PM AEST| By Mohammad ZaidAustralia-based Internet of Things (IoT) tech company X2M Connect Ltd (ASX:X2M) continues to strengthen its reputation in the industry as a leading technology provider. The company’s patented proprietary Internet of Things (IoT) solution deli.....
Is Austal (ASX:ASB) ready to diversify its long-term revenue base?
June 20, 2022 03:05 PM AEST| By Sonal GoyalHighlights Austal has been bestowed with multiple projects worth AU$300 million The company declared Andrew Forrest, a mining billionaire has become its biggest shareholder These contracts demonstrate the company’s capability to take on .....
Why is Transurban (ASX:TCL) share price on rise today?
June 20, 2022 01:10 PM AEST| By Sonal GoyalHighlights ASX Infrastructure stocks are under close watch in this volatile environment Transurban announced a dividend increasing its final distribution by more than 20% The shares of the company surged by over 2% today in early trade El.....
ASX 200 edges higher; financials recover, energy, utilities down
June 20, 2022 11:49 AM AEST| By Priyabrata PrustyHighlights The Australian shares witnessed seesaw trading in the opening hour without any clear cut direction Losses in energy and resources sector were offset by gains in IT, financial, consumer discretionary, and health care sector On Friday.....
GUD, SQ2, HUB: Three worst performers on ASX 200 last week
June 20, 2022 08:35 AM AEST| By Ashishrs. The Australian share market witnessed a significant decline last week. The benchmark ASX 200 index has recorded its worst week in the last two years. The benchmark index gave away 6.6% of its value to end at 6,474.8 points last Friday. The...
ASX 200 to fall at open; oil, iron ore prices sink
June 20, 2022 07:53 AM AEST| By Ashish4%. The Australian share market is expected to start the week on a muted note following mixed closing on Wall Street last Friday. The domestic market is likely to extend losses from its biggest weekly drop since March 2020 on Friday as investo...
Four ASX-listed ETFs with dividend yields of nearly 5% or more
June 18, 2022 12:00 AM AEST| By AshishExchange traded funds (ETFs) are one of the most sought-after investment instruments worldwide. In Australia too, these funds are actively lapped up by investors looking for diversification at low costs. The industry of ETFs has seen a marked boom .....
NCM, PRU, SLR, GOR: Why were these ASX gold stocks in news today?
June 17, 2022 06:39 PM AEST| By RitwikaHighlights The ASX 200 Materials sector closed in the red territory today. Most of the Materials stocks were influenced by the sectoral performance on the ASX today. The S&P/ASX 200 Materials sector was the worst performing sectors on .....
ASX to end week in red territory, here’s top 5 ASX winners and losers
June 17, 2022 03:49 PM AEST| By Bhawna GuptaHighlights Australian share market is on course to close the week in the red. Positive S&P 500 futures enticed Australian buyers yesterday morning, but the market rolled over by mid-afternoon. Following a poor overnight session on Wall.....
Why Kazia (ASX: KZA) shares are trading in green today
June 17, 2022 03:38 PM AEST| By Aditi SarkarHighlights Kazia Therapeutics’ lead drug candidate, Paxalisib, secures ODD from the FDA for the treatment of a kind of brain cancer. Kazia will save over US$3 million in fees related to a future regulatory filing in atypical rhabdoid/tera.....
NST to EVN: 3 ASX gold stocks in focus as US Fed hikes rate
June 17, 2022 03:24 PM AEST| By Arpit VermaHighlights Gold prices rose on Thursday in line with the US Federal Reserve’s supersized interest rate hike. The US Fed on Wednesday hiked key interest rates by 75 basis points – the largest hike since 1994. The Fed’s announc.....
PDN, ERA, LOT, BOE: How are these ASX-listed Uranium stocks performing today?
June 17, 2022 03:17 PM AEST| By Priyanka PayalHighlights Uranium prices have gained nearly 51.08% in the last one year. Australia has approximately one-third of the world's uranium resources. The shares of four ASX-listed Paladin Energy Ltd, Boss Energy Limited, Lotus Resources Limited, a.....
WOW, COL, A2M: How is inflation impacting consumer staples stocks on ASX?
June 17, 2022 03:13 PM AEST| By Sukriti NairHighlights Australian shares extended their losing streak to the sixth day on Friday (17 June) With all the ASX sectors trading in the red, consumer staples was the best performing one Consumer discretionary companies are taking measure to les.....
Why is Link Group (ASX:LNK) share price in news?
June 17, 2022 12:43 PM AEST| By Sukriti NairHighlights Link Administration has affirmed the 2022 financial year guidance provided in February. Dye & Durham takeover of LNK under scanner The company's share price was at its yearly low on Thursday due to concerns raised by ACCC. .....
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