Stock market
BTI, FMG, NUF: Why these ASX shares charged higher yesterday
June 02, 2022 08:37 AM AEST| By Ashish6%. The Australian share market kicked off June with minor gains, buoyed by a 0.8% first quarter growth by the Australian economy. On Wednesday, the benchmark ASX 200 index rose 0.3% to 7,234 points. The telecommunications services sector was...
ASX 200 to fall, Wall Street dips on interest rate outlook
June 02, 2022 07:53 AM AEST| By AshishHighlights The Australian share market is poised to fall on Thursday. According to the latest SPI futures, ASX 200 is likely to open 56 points or 0.8% lower. On Wall Street, the Dow Jones fell 0.55%, the S&P 500 dropped 0.75%, an...
ASX 200 gains 0.8% buoyed by telcos, financials; lithium stocks suffer
June 01, 2022 06:49 PM AEST| By Sukriti NairHighlights Australian share market overcame a speedy decline for lithium miners to edge higher, gaining 22.80 points or 0.32% to 7,234.00. Top three biggest declines among blue chips were lithium producers- Pilbara Mine.....
PLS, MIN, PLL: How did these 3 ASX lithium stocks perform in May 2022?
June 01, 2022 06:25 PM AEST| By Bhawna GuptaHighlights Many of the lithium stocks closed in red today, including Pilbara, Piedmont and Mineral Resources. The fall in share prices might be because Argentina has set a reference price for lithium carbonate exports. Since Anthony Albane.....
SXG, NST, NCM: Look at the performance of these gold stocks on ASX
June 01, 2022 06:02 PM AEST| By Priyanka PayalHighlights Gold prices fell sharply as the strong US dollar and rise in Treasury yields put pressure on the yellow metal. The S&P/ASX 200 Materials (Sector) XMJ was 0.323% lower at 17866.600 points on ASX at 4:12 PM AEST today. Shares of t.....
What's the buzz around a new agriculture index in Australia?
June 01, 2022 01:26 PM AEST| By Akanksha VashishtHighlights The ASX has launched a new index for the agricultural sector, called the S&P/ASX Agribusiness Index. Agriculture is garnering increased attention from the government and is on its way to becoming an integral part of the Australia.....
Why NEC, CNI, OML hit their 52-week lows yesterday
June 01, 2022 08:48 AM AEST| By Ashishws. The Australian share market traded on a weak note on Tuesday and ended in the red, weighed down by tech, banks, and telecommunications. The ASX 200 index fell 1% to 7,211.2 points yesterday. The worst-performing sectors were tech (-1.9%),...
ASX 200 to fall as Wall Street dips; all eyes on GDP data
June 01, 2022 07:52 AM AEST| By AshishHighlights The Australian share market is expected to fall once again on Wednesday. According to the latest SPI futures, the ASX 200 is likely to open 34 points or 0.5% lower. On Wall Street, the Dow Jones fell 0.7%, the S&P 500...
ASX 200 sheds 1.03% as tech, telco and banking stocks lead losses
May 31, 2022 06:39 PM AEST| By Sukriti NairDP numbers. After Monday’s glittery opening, the ASX 200 witnessed a quick turnaround today. The benchmark index dropped 1.03% to 7,211.20 and traced below its 125-day moving average. Though in the last five days, the index has gained 1.16...
RIO, BHP, MIN: How are these ASX iron ore stocks performing today?
May 31, 2022 03:33 PM AEST| By Priyanka PayalHighlights The iron ore futures price rose 0.1% to US$133.60 a tonne on Monday as China relaxed COVID-19 curbs. The rise in iron ore price seems to have pushed the materials sector higher, which was one of the three sectors trading in the green.....
ASIA, CRYP, ESPO: How these 3 ASX tech ETFs have fared in past month
May 31, 2022 10:51 AM AEST| By AshishHighlights ETFs provide investors with an option to access many shares via a single investment. Rising inflation and interest rates have kept tech market investors on the tenterhooks. Many tech ETFs are facing pressure on account of...
Why BUB, AKE hit new 52-week highs yesterday
May 31, 2022 08:34 AM AEST| By Ashishhs. The Australian share market ended on a strong note on Monday amid a broad market-rally. While the benchmark ASX 200 index rose 1.45%, the ASX All Ordinaries closed with a gain of 1.48%. There were a few shares which recorded significant ga...
ASX 200 to fall; oil soars; market awaits economic data
May 31, 2022 07:55 AM AEST| By Ashishay. The Australian share market is likely to inch lower on Tuesday after witnessing broad gains for two straight sessions, while global sentiments were lifted with further easing of COVID-19 curbs in China. According to the latest SPI futures...
ASX 200 ends 1.45% higher amid broad market rally, Tech stocks lead gains
May 30, 2022 06:55 PM AEST| By Sukriti NairASX200 has commenced the new week on an encouraging note, gaining 1.45% to close at 7,286.60 points on Monday. With today’s gains, the index has crossed its 125-day moving average (MVA). In the last week the index was up 1.93%, however, it is.....
PLS, MIN, AKE: 3 ASX lithium shares to watch out for in June 2022
May 30, 2022 06:20 PM AEST| By Bhawna GuptaHighlights Lithium is extensively used in rechargeable batteries. The metal is now considered "the new gold". Many lithium stocks performed well in the past month, including Pilbara Minerals and Mineral Resources. Lithium is considered "t...
RIO, BHP, STO-how are these blue-chips performing today?
May 30, 2022 05:56 PM AEST| By Sukriti NairHighlights ASX200 closed 1.45% up on 30 May. The energy and material biggies like RIO, BHP and Santos also added to their pricing. The ASX200, backed by dairy and tech stocks, closed 1.45% up at 7,286.60 points. Ten out of eleven sectors c.....
Here’s why Biome Australia (ASX:BIO) share price gained 10% today
May 30, 2022 04:45 PM AEST| By Aditi SarkarShares of Biome Australia Limited (ASX:BIO) edged up by nearly 10% on Monday as the company announced an expansion of its distribution network in Australia. Significantly, the company has signed a material distribution agreement with Australian Ph.....
A2M, BGA, AHF: Why are these dairy stocks in focus today
May 30, 2022 04:38 PM AEST| By RitwikaHighlights ASX-listed dairy stocks have risen on Bubs’ export deal with the US Government. As a result, the stocks have garnered a lot of investors’ attention today. The Consumer Staples sector from the S&P/ASX .....
SQ2, WTC, XRO, CPU: Why are these ASX tech stocks trading higher today?
May 30, 2022 01:50 PM AEST| By Priyanka PayalHighlights The benchmark index ASX 200 was up 1.048% to 7,258.00 points at 10:49 AM AEST today. The S&P/ASX 200 Information Technology Sector (ASX:XIJ) was up 3.301% at 1514.500 points at 10:59 AM AEST. The shares of ASX-listed tech majors.....
DRO, OEC, MOB: How did these 3 ASX drone stocks perform YTD?
May 30, 2022 01:16 PM AEST| By Bhawna GuptaDrones are becoming increasingly popular in Australia, which is regarded as a major player in the drone industry. Drone-friendly rules, plenty of development and testing BVLOS (Beyond Visual Line of Sight), the growing number of drone operators, an.....
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