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ASX 200 tumbles over 2.5% following Wall Street carnage
June 17, 2022 12:04 PM AEST| By Priyanka PayalHighlights Australian equities fell for the sixth straight day on Friday tracking global market rout ASX 200 fell over 2.5% led by broad-based selling Over the last five days, the benchmark index has lost 7.43% Australian equities dropped.....
ASX 200 to fall 2% at open; Wall Street tumbles, NASDAQ down 4%
June 17, 2022 07:54 AM AEST| By AshishHighlights The Australian share market is likely to end the week in the red. According to the latest SPI futures, the ASX 200 is expected to open 130 points or 2% lower on Friday. In the US, the Dow Jones was down 2.4%, the S&P 5...
ASX 200 extends losses as Fed rate hike weakens investor sentiments
June 16, 2022 06:26 PM AEST| By Priyanka PayalHighlights Today, ASX 200 gave up initial gains to close 0.15% lower at 6,591.10 points. Over the last five days, the index has lost 6.11%. Seven of 11 sectors closed lower; A-REIT emerged the best performing sector. Globally, investors are v.....
PLS, SYA, CXO: These ASX mining stocks gained over 50% in last one year
June 16, 2022 06:10 PM AEST| By Bhawna GuptaHighlights ASX 200 Material Index was 0.38% up today and the index closed at 16,913.60 points. Mining companies like Core Lithium, Sayona Mining, and Pilbara closed in green today. Australia's stock market gained on Thursday (June 16), pow.....
WHC, YAL, NHC, ATU: How are rising coal prices impacting these ASX stocks?
June 16, 2022 04:50 PM AEST| By RitwikaHighlights The energy sub-index of ASX was in the green territory today Most of the coal producers have performed significantly well on the ASX over the past one year Coal prices have been on an uptrend and are likely to remain high in the.....
NVX, RNU, SYR, QGL: A look at four ASX-listed graphite stocks
June 16, 2022 04:08 PM AEST| By Priyanka PayalHighlights The benchmark index ASX 200 showed some signs of recovery on Thursday and was up 0.35% at 6,624.30 points at 1:46 PM AEST Renascor Resources Limited shares surged over 14% today after the company reported more high-grade graphite int.....
Identitii (ASX:ID8) shares gain over 22% on Rabobank deal
June 16, 2022 03:32 PM AEST| By Aditi SarkarShares of Identitii Limited (ASX:ID8) soared over 22% to AU$0.055 during afternoon trading hours on 16 June 2022. The uplift was triggered by a company update on a licence agreement with Rabobank. Identitii has signed a five-year Software Licence .....
CBA, WBC, ANZ: How are these ASX bank stocks faring post Fed rate hike?
June 16, 2022 02:14 PM AEST| By Sukriti NairThe US Federal Reserve lifted its official interest rate by 0.75 percentage point on Tuesday night (June 15) in order to combat the highest inflation in four decades. Wall street stocks rallied cheering the move. The ASX futures were up 0.3% at aro.....
US Fed's monster 75 bps rate hike; how did ASX 200 shares respond?
June 16, 2022 01:19 PM AEST| By AshishHighlights The US Federal Reserve has hiked interest rates by a three-quarter of a percentage point. The Fed also said that either a 50 or 75 bps rate increase at its next policy meeting seemed most likely. The Australian share marke...
ASX 200 breaks four-day losing streak in morning trade, gains nearly 1%
June 16, 2022 11:59 AM AEST| By Priyanka PayalHighlights The Australian share market opened higher today breaking its four-day losing streak A relief rally on Wall Street boosted investors’ sentiments Eight of 11 sectors traded higher in the first hour of trade The benchmark AS.....
IPL, GNC, LYC: Why these ASX shares rose over 2% despite weak market
June 16, 2022 08:49 AM AEST| By Ashishow. Australian shares traded on a weak note on Wednesday, triggered by the US inflation data for May. The domestic market’s decline was led by losses in the IT, A-REITs, and energy sectors. The ASX 200 closed Wednesday 1.27% down to hit...
ASX 200 to rise; Wall Street soars after Fed hikes rates by 75 bps
June 16, 2022 07:56 AM AEST| By Ashisher. The Australian share market is likely to rebound on Thursday following a robust overnight trade on Wall Street. The US stocks rose after Federal Reserve hiked interest rates by 75 basis points, the biggest increase since 1994, and assured...
INA, CQE, ARF, SCP – ASX-listed real estate stocks to watch out for
June 15, 2022 07:21 PM AEST| By Sukriti NairHighlights The S&P/ASX200 closed lower today, dropping 1.27%. The real estate sector ‘A-REIT’ closed 2.82% lower on the ASX. But defying A-REIT sector blues, are Ingenia Group, Charter Hall REIT and Arena REIT. The ASX200 .....
Triggered by Fed’s probable rate hike, ASX 200 drops 1.27%
June 15, 2022 07:13 PM AEST| By Priyanka PayalThe last few days have been extremely difficult for investors as the panic over recession woes which was triggered by the US inflation data for May, made it apparent that the Federal Reserve will stand by its monetary tightening stand with further .....
A2M, BGA, AHF, BUB: ASX 200 Dairy stocks in focus today
June 15, 2022 06:18 PM AEST| By RitwikaThe S&P/ASX 200 Consumer Staples sector (ASX:XSJ) closed 0.642% lower at 12299.00 on the ASX today. This article primarily focuses on the performance of four leading dairy stocks from the ASX 200 Consumer Staples sector- A2 Milk, Bega Cheese, .....
AX1, TNE, BOQ, GQG, TLS: Why were these ASX shares in news today?
June 15, 2022 05:47 PM AEST| By Bhawna GuptaAustralian equities opened in red on Wednesday (15 June), extending yesterday's selloff with the benchmark ASX 200 index closing 1.27% down at 6,601.00 points today. However, many investors gravitate to ASX dividend shares during times of growing .....
ORG, GNE, MCY, IFT: Why are investors focusing on renewable energy stocks?
June 15, 2022 02:26 PM AEST| By Priyanka PayalPeople across the globe are taking steps aimed at switching from non-renewable to renewable sources of energy. With environmental awareness and decarbonisation initiatives by major global economies, renewable energy sources, like solar, wind, and h.....
Global Health (ASX: GLH) ups growth momentum with two major contracts
June 15, 2022 02:00 PM AEST| By Aditi SarkarAustralian healthcare software provider Global Health Limited (ASX: GLH) has strengthened its sales pipeline by securing two major contracts. The contracts have been signed with Homeless Healthcare and Peninsula Health for executing a range of Mast.....
NeuroScientific (ASX:NSB) share price soars 23%; Here’s why
June 15, 2022 01:13 PM AEST| By Aditi SarkarHighlights NeuroScientific has received positive preliminary results from a study of its lead drug candidate EMTINB™ on multiple sclerosis. Mice treated with 10mg/kg and 20mg/kg doses of EmtinB™ constantly reached lower clinical sco.....
ASX 200 extends fall amid concerns over aggressive rate hikes
June 15, 2022 12:15 PM AEST| By Priyanka PayalAustralian equities opened lower on Wednesday (15 June), extending yesterday’s brutal selloff as market participants are now speculating an aggressive rate tightening path in Australia. The benchmark ASX 200 index was down 0.39% at 6,659.60 p.....
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