Stock market
ASX 200 closes 1.6% lower mirroring Wall Steet drubbing
May 19, 2022 05:22 PM AEST| By SukritiHighlights ASX 200 closed 1.6% lower in a session marked by sharp declines for consumer-facing companies. The decline tailed a drop in US shares that wiped 4% from the S&P 500 index of blue chips, the worst day in approximately two years. .....
SYA, CXO, PLS: 3 Lithium stocks which are creating a buzz on ASX
May 19, 2022 04:57 PM AEST| By Priyanka PayalHighlights The S&P/ASX 200 Materials Index (ASX:XMJ) was 1.514% lower at 16942.300 points at 1:50 PM AEST today. In the last year, the share prices of major Lithium stocks Sayona Mining, Core Lithium Ltd, and Pilbara Minerals Limited haves...
Forbidden Foods (ASX:FFF) widens its footprint as Blue Dinosaur® forays into Malaysia
May 19, 2022 02:41 PM AEST| By Aditi SarkarHighlights FFF has executed a deal with Uway Australia Pty Ltd for distributing its Blue Dinosaur® range of plant-based snack bars in Malaysia It is the first export agreement for Blue Dinosaur into Asia The agreement targets a total sale .....
Sabre Resources (ASX:SBR) secures $220K govt funding to boost drilling at Sherlock Bay
May 19, 2022 11:32 AM AEST| By Nitish KumarHighlights Sabre Resources is set to commence a diamond drilling campaign on its Sherlock Bay Ni-Cu-Co Project in WA. The company has secured a grant from the WA Government that will co-fund the drilling program. The drilling program aims to i.....
Monash IVF (ASX:MVF) widens clinical footprint, snaps up PIVET Medical Centre
May 18, 2022 02:37 PM AEST| By Aditi SarkarHighlights Monash has inked a binding sale agreement to acquire PIVET Medical Centre, a fertility services provider based in Perth PIVET’s IVF Program resulted in Australia’s first IVF baby being born in 1982 An attractive growth o.....
PL8, FGG: These 2 ASX investment firms to pay dividend in May 2022
May 18, 2022 11:56 AM AEST| By Bhawna GuptaHighlights Ordinary shareholders of dividend-paying companies are usually eligible to get the dividend if they own the shares before the ex-dividend date. The ex-dividend date of a stock is the first day on which it trades without the subsequen.....
RIO, BHP, FMG: 3 ASX-listed mining stocks with best dividend yield
May 17, 2022 06:37 PM AEST| By Priyanka PayalHighlights The S&P/ASX 300 Metals and Mining Index (ASX:XMM) was up 1.310% at 5606.100 points at 3:58 PM AEST today. The shares of major miners Rio Tinto, BHP Group Limited, and Fortescue Metals Group Limited traded in the green on Tuesday....
TPG, SEK, DXS: Why did these ASX stocks remained in news today?
May 17, 2022 06:25 PM AEST| By Bhawna GuptaHighlights The S&P/ASX 50 Index closed at 6,945.30, up 0.20% or 14.00 points today. ASX 200 Index was also 0.27% higher and closed at 7,112.50 points. The S&P/ASX 50 Index is a market capitalisation weighted and float-adjusted inde...
WHC, BPT, NHC: Take a look at performance of these energy stocks
May 17, 2022 05:52 PM AEST| By Sukriti NairHighlights Australian stocks continue yesterday's gains, adding another 0.27% today (17 May). The energy sector leads gains, closing over 2.02% above the previous close. Three energy sector gainers are Whitehaven Coal, Beach Energy and New Hop.....
Resource stocks rally pushes ASX 200 0.3% higher
May 17, 2022 05:28 PM AEST| By SukritiHighlights ASX 200 finished today’s session 0.3% higher at 7112.5 points, buoyed by a rally across resources stocks. Australian share market might remain volatile amidst rising recession risks and commodity price variations. Economic gro.....
Here's how ASX energy index has performed against its peers
May 17, 2022 05:09 PM AEST| By Arpit VermaHighlights The S&P/ASX 200 Energy Index (XEJ) gained 1.55% to trade at 10,149.5 on Tuesday. XEJ has increased staggeringly due to a solid recovery in commodity prices, amid soaring demand. Diversification is the fundamental principle of in.....
WES, GMG, WOW, TCL: How are these ASX 200 giants performing today?
May 17, 2022 04:43 PM AEST| By RitwikaHighlights ASX 200 continue to retain its position in the green territory on Tuesday. Goodman Group traded in red despite reaffirming its profit guidance, probably due to the poor performance of the real estate sector today. The S&...
What caused shares of Nyrada (ASX: NYR) to rally over 21% on Tuesday?
May 17, 2022 04:27 PM AEST| By Aditi SarkarHighlights Nyrada has secured a Notice of Intention from the EPO for its recent patent application seeking protection of its PCSK9 inhibitor technology until 2038. Inhibition of PCSK9 improves the body’s ability to clear harmful LDL chole.....
A quick snapshot of ASX healthcare index
May 17, 2022 01:18 PM AEST| By Aditi SarkarHighlights Sectoral indices provide investors with benchmarks to track stocks against their specific sectors. Eight out of eleven official sectors of ASX ended higher on Monday Market sentiment seems to be getting better after the declaration...
ASX200 gains 0.40% in opening trade as energy stocks rise; Brambles plunges 7%
May 17, 2022 12:13 PM AEST| By Priyanka PayalHighlights: The Australian share market opened on a positive note today as the benchmark index ASX200 gained 0.49% to 7,127.60 points at 10:25 AM AEST The energy sector performed considerably well today with the S&P/ASX 200 Energy Index (AS...
YAL, VEA, AMC: Why these ASX All Ordinaries shares hit multi-year highs yesterday
May 17, 2022 08:58 AM AEST| By AshishHighlights The ASX 200 ended 25% higher at 7,093 points on Monday. The ASX All Ordinaries was also up 0.25% on the day. There are a few notable ASX-listed shares which have continued to perform on a decent note in the recent past....
ASX 200 to rise despite weak Wall Street closing
May 17, 2022 08:04 AM AEST| By AshishHighlights The Australian share market is likely to inch higher despite a disappointing start to the week on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open 24 points or 0.35% higher. On Wall Street,...
A2M, BGA, BUB: Why are these ASX dairy stocks in news?
May 16, 2022 06:10 PM AEST| By Sukriti NairHighlights Australian stocks close Monday’s trade a little higher at 7093 points. Consumer staple stocks also closed in green, though not advancing much. ASX200- listed dairy stocks are A2 Milk Company, Bega Cheese and Bubs Australia. .....
SportsHero (ASX: SHO) launches esports platform on WeChat, shares up 11%
May 16, 2022 06:06 PM AEST| By Aditi SarkarHighlights SportsHero launches an initial esports prediction platform on Wechat Being embedded within the WeChat ecosystem, SportsHero will be able to scale user growth speedily SHO's memorandum of understanding with WMT promises active promot.....
Step One Clothing (ASX:STP) shares plunge 56% on guidance update
May 16, 2022 05:43 PM AEST| By Sonal GoyalHighlights Step One Clothing has lowered FY22 expected proforma EBITDA from its previous guidance. The online, direct-to-consumer innerwear brand did not meet the expected US and UK revenue growth. Higher-than-expected costs are among the fact.....
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