Stock Market

5 Pharma stocks to look at amid rising Omicron variant concerns

Omicron

Highlights  The new COVID-19 variant Omicron is gradually approaching many counties around the world. This variant has numerous mutations and was first detected in South Africa. Countries are worried as the virus is highly infectious. It ...

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ASX 200 to open flat; Harvey Norman, Ramsay Health Care to hold AGMs today

ASX 200 to open flat; Harvey Norman, Ramsay Health Care to hold AGMs today

  • November 24, 2021 09:07 AM AEDT
  • Ashish

The Australian share market is expected to open flat on Wednesday, with local tech stocks likely to track losses on Wall Street. However, mining stocks might surge on account of climbing iron ore prices. According to the latest SPI futures, the ASX...

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Top ASX-listed oncology stocks to look at in 2022

Top ASX-listed oncology stocks to look at in 2022

  • November 24, 2021 07:00 AM AEDT
  • Samta

Highlights As per experts, the global cancer drug market is likely to accelerate in the upcoming years due to the widespread prevalence of cancer.  The increased focus of the healthcare sector on cancer research has been a critical factor ...

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5 medical stocks to watch out for in 2022 -TLX, RHT, CYC, IPD, AVR 

5 medical stocks to watch out for in 2022 -TLX, RHT, CYC, IPD, AVR 

Highlights The rising population and the rise in health issues are increasing the demand for healthcare products and services. People’s lifestyle is one of the reasons for rising health issues in the present times. TLX, RHT, CYC, IPD, AV...

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ASX 200 closes 0.8% higher as miners & energy companies soar in value

ASX 200 closes 0.8% higher as miners & energy companies soar in value

  • November 23, 2021 05:51 PM AEDT
  • Sukriti

A solid session from energy and materials stocks offset weakness from the technology sector today at the local bourse. The ASX 200 rallied as the benchmark index advanced 0.8 per cent, or 57.5 points, to 7410.6. Major iron ore miners led the market...

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From BHP to Woodside: 5 ASX shares that stole spotlight today

From BHP to Woodside: 5 ASX shares that stole spotlight today

Highlights Woodside Petroleum and BHP shares gained after giving greenlight to the Scarborough gas project. Bapcor shares fell as much as 10% following the news of retirement of its CEO. Pinnacle Investment shares entered a trading halt, pendi...

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Mining, energy stocks lift ASX to 0.6% gain; Fortescue, BHP, Rio lead

Mining, energy stocks lift ASX to 0.6% gain; Fortescue, BHP, Rio lead

After opening positively in the early morning session, Australian shares continued to trade higher by afternoon, supported by gains in materials, financials and energy sector stocks. Market sentiment was lifted by gains in index heavyweights BHP ...

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Australian shares open higher; BHP, Woodside top gainers

Australian shares open higher; BHP, Woodside top gainers

  • November 23, 2021 11:37 AM AEDT
  • Ashish

Highlights The ASX 200 opened higher on Tuesday, up 5.70 points to 7,358.80 despite US shares ending lower. The ASX 200 opened higher on Tuesday, up 5.70 points to 7,358.80 despite US shares ending lower. The ASX 200 opened higher on Tuesday, ...

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ASX 200 to rise after Wall Street advances on Powell’s nomination

ASX 200 to rise after Wall Street advances on Powell’s nomination

  • November 23, 2021 08:58 AM AEDT
  • Ashish

Australian shares are expected to open higher on Tuesday, possibly buoyed by positive sentiment after the nomination of Federal Reserve Chair Jerome Powell for a second term. However, COVID-19 restrictions in Europe could pull down the benchmark. ...

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Why is Vietnam’s AU$5B aluminium stockpile gaining attention?

Why is Vietnam’s AU$5B aluminium stockpile gaining attention?

Highlights One of the biggest aluminium stockpiles is lying idle in an industrial park in Vietnam. The stockpile is capable enough to fulfil the annual demand of India. The Vietnamese authorities state that the stock was collected from China b...

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Why is Musk offloading Tesla shares worth billions?

Why is Musk offloading Tesla shares worth billions?

  • November 22, 2021 07:03 PM AEDT
  • Aayush

Highlights Elon Musk has offloaded around 8.2 million Tesla shares, raking in around US$8.8 billion in total proceeds over the last two weeks. The massive supply of shares resulting from Musk’s selling spree has also affected Tesla’...

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