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China Reaffirms Economic Targets Amid Complex Environment, Market Gains Narrow
October 08, 2024 01:50 PM AEDT| By Team Kalkine MediaHighlights,China expresses confidence in achieving its annual economic goals.,Markets react with reduced gains following a key economic briefing.,Mining stocks,impacted,as iron ore prices decline, affecting major players.,China’s economic planner, Zh...
China’s CSI 300 Index Surges 11%, Boosting Global Markets
October 08, 2024 12:55 PM AEDT| By Team Kalkine MediaHighlights,China's CSI 300 Index surged 11% after the Golden Week holiday.,Anticipation grows for new stimulus measures from China’s economic planners.,Iron ore futures,rise,2.3%, boosting global mining stocks like BHP and Rio Tinto.,China’s benchmar...
Australian Sharemarket Gains on China Stimulus Optimism
October 08, 2024 12:48 PM AEDT| By Team Kalkine MediaHighlights,ASX rises as mining stocks gain on China stimulus hopes.,BHP and Rio Tinto see growth amid rising iron ore prices.,Energy stocks,benefit,from increased oil prices due to Middle East tensions.,The Australian sharemarket edged higher today a...
Vast Renewables Progresses Green Methanol Project in South Australia
October 08, 2024 12:46 PM AEDT| By Team Kalkine MediaHighlights,Vast Renewables advances green methanol project with new contracts.,Engineering firms Fichtner and BSE Methanol to begin design work.,Project to produce 7,500,tonnes,of green methanol annually in Port Augusta.,Vast Renewables (NASDAQ:VSTE)...
Iron Ore Prices Surge as China Ramps Up Stimulus Efforts
October 08, 2024 12:43 PM AEDT| By Team Kalkine MediaHighlights,Iron ore prices expected to hit $US120 as China boosts stimulus measures.,China's stimulus package could drive further gains in base metals.,Economic policy announcements are set to impact commodity markets.,Iron ore prices are expected to...
Patronus Resources Prepares for Gold Resource Upgrade at Mertondale
October 08, 2024 12:25 PM AEDT| By Team Kalkine MediaHighlights,Patronus Resources advances towards a resource upgrade at,Mertondale,Gold Project.,Recent drilling reveals high-grade gold intersections and broad mineralized zones.,Mineral Resource Estimate (MRE) update expected by late Q4.,Patronus Reso...
Sun Silver Reports High-Grade Silver Discovery at Maverick Springs
October 08, 2024 11:23 AM AEDT| By Team Kalkine MediaHighlights,Sun Silver finds high-grade silver at Maverick Springs in Nevada.,Drilling shows up to 524 grams per,tonne,of silver over a 1.52m section.,New zones discovered outside the current mineral resource estimate.,Sun Silver Ltd (ASX:SS1) has unc...
Australasian Metals (ASX:A8G) unearths gallium mineralisation in rock chips at May Queen South
October 08, 2024 10:39 AM AEDT| By Sonal GoyalHighlights,A8G has re-evaluated data from the May Queen South Bauxite project in light of rising gallium prices.,Elevated levels of gallium (Ga) have been identified, enhancing the resource's potential value.,Gallium prices have more than doubled sin...
ASX200 Nears Record as Big Four Banks Lead Gains
October 07, 2024 06:35 PM AEDT| By Team Kalkine MediaHighlights,ASX200 ended the day up 0.68%, nearing record levels.,Big four banks and IT sector led market gains.,Arcadium Lithium surged 45% after takeover news.,The ASX200 index closed up 0.68% at 8,205 points, inching closer to a new all-time high....
ASX Inches Closer to Record High as Arcadium and Westpac Lead Gains
October 07, 2024 04:55 PM AEDT| By Team Kalkine MediaHighlights,ASX nears record highs, fueled by gains in tech and financial stocks.,Arcadium Lithium surges 46% following takeover talks with Rio Tinto.,Mining and energy sectors see mixed performance as global commodity prices shift.,Australian shares...
ASX 200 Nears Record High as Banks Rally
October 07, 2024 04:35 PM AEDT| By Team Kalkine MediaHighlights,ASX 200 is just 5 points shy of its record high.,Banking stocks lead the market's gains.,Positive US economic data boosts global market sentiment.,The Australian share market is on the verge of setting a new record, with the S&P/ASX 200 in...
Nintendo Shares Rise as Saudi Arabia Considers Increasing Stake
October 07, 2024 03:16 PM AEDT| By Team Kalkine MediaHighlights,Nintendo shares surged 3.9% after Saudi Arabia expressed interest in increasing its stake.,Saudi Arabia’s Public Investment Fund (PIF) aims to expand its gaming industry investments.,PIF currently holds an 8.6% stake in Nintendo.,Nintendo...
Goldman Sachs Optimistic on China Stocks Amid Stimulus Rally
October 07, 2024 02:40 PM AEDT| By Team Kalkine MediaHighlights,Goldman Sachs upgraded its outlook on Chinese stocks due to recent stimulus efforts.,Chinese stock indices may see an,additional,15%-20% rise if policy measures are successful.,Risks,remain,, including weaker stimulus and global political...
ASX Gains, Led by Banks and Technology, Amid Global Tensions
October 07, 2024 01:52 PM AEDT| By Team Kalkine MediaHighlights,ASX edged up 0.5% with banks and technology leading gains.,Arcadium,Lithium surged 44% after Rio Tinto takeover talks.,Pro Medicus secured a significant contract renewal.,The ASX rose by more than 0.5% by midday on Monday, driven by strong...
The A2 Milk Company’s (ASX:A2M) share surges 52% in one year. Here’s Why
October 07, 2024 01:44 PM AEDT| By Team Kalkine MediaHighlights,A2M shares outperformed the Australian benchmark index (S&P/ASX 200), rising by 52.39%, compared to the index's 17.72% increase in the past year.,The China IMF market declined by 8.6% in volume and 10.7% in value in FY24 and A2M expects fu...
Oil Prices Retreat After Strongest Weekly Surge in Over a Year Amid Middle East Tensions
October 07, 2024 01:44 PM AEDT| By Team Kalkine MediaHighlights:,Oil prices retraced some gains after posting their strongest weekly rise in over a year, driven by escalating tensions in the Middle East.,Brent crude and US West Texas Intermediate (WTI) saw significant weekly surges, with Brent climbing...
Iron Ore Prices Surge Amid Optimism on China’s Economic Stimulus
October 07, 2024 01:29 PM AEDT| By Team Kalkine MediaHighlights:,Iron ore prices rose 1.2% in early trade, supported by optimism over China’s economic stimulus measures, reaching $US110 in November futures contracts.,On the ASX, BHP Group Ltd (,ASX:BHP,) and Fortescue Metals Group Ltd (,ASX:FMG,) advan...
ASX Gains Amid Global Uncertainty as Banks Lead, Energy Stocks Slip
October 07, 2024 01:20 PM AEDT| By Team Kalkine MediaHighlights:,Australian Shares Gain Amidst Global Uncertainty,:,The S&P/ASX 200 rose 0.3% as banks and tech stocks led the gains despite ongoing concerns over the Middle East conflict and oil supply disruptions.,Energy Stocks Slip Alongside Oil Prices...
Chimeric Therapeutics (ASX:CHM) Reports Success in Phase 1b Clinical Trial for Advanced Cancers
October 07, 2024 12:29 PM AEDT| By Sonal GoyalHighlights,A participant in the CHM CORE-NK Phase 1b trial with advanced Acute Myelogenous Leukemia (AML) has achieved a complete response.,The trial combines NK cells with Vactosertib to treat advanced colorectal and blood cancers.,A patient from th...
ASX 200 Futures and Lithium Stocks in Focus Amid Global Shifts
October 07, 2024 11:35 AM AEDT| By Team Kalkine MediaHighlights,ASX 200 futures,rise,0.31% ahead of,market,open,.,Lithium stocks soar following Rio Tinto’s bid for,Arcadium,Lithium.,US,nonfarm,payrolls far exceed expectations, boosting markets.,ASX 200 futures are up by 26 points or 0.31%, setting the...
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