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Stock market
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.....
FLT, BET, NAN, PNV, APX: Five most shorted shares on ASX 200
June 15, 2022 11:18 AM AEST| By AshishHighlights Investors track short interest levels of various stocks. The ASIC publishes these short position reports on a daily basis. A company is said to be facing some challenges in case the short interest level of a stock is high....
ASX 200 to open lower; investors await Fed’s rate decision
June 15, 2022 07:57 AM AEST| By AshishHighlights The Australian share market is likely to extend losses on Wednesday. According to the latest SPI futures, the ASX 200 is expected to open 60 points or 0.9% lower. On Wall Street, the Dow Jones fell 0.5% and the S&P 500...
WDS, STO, NHC, WHC: How are these ASX Energy stocks performing?
June 14, 2022 07:02 PM AEST| By RitwikaHighlights The S&P/ASX200 Energy sector recorded significant losses today. The major energy stocks- WDS, STO, NHC and WHC followed a similar trend on the ASX. All 11 sectors have ended lower today. The S&P/ASX200 Energy sector is .....
Bloodbath for Australian equities as ASX 200 falls 3.55%, sets new 100-day low
June 14, 2022 06:41 PM AEST| By Priyanka PayalHighlights Setting a new 100-day low, the Australian share market declined sharply today due to a selloff in global equities. ASX 200 closed 3.55% lower/ dropping 246.00 points at 6,686.00 points Global market selloff resulted from r.....
WTC, XRO, LNK: Why did these 3 ASX tech stocks close in red today?
June 14, 2022 06:11 PM AEST| By Bhawna GuptaHighlights On a sectoral front, all 11 sectors ended lower today (June 14). IT was the second worst-performing sector on ASX today. Meanwhile, ASX All Technology Index closed at 1,892.50 points, down 3.90% ASX 200 Index closed in the red .....
AKE, MIN, PLS, VUL: These 4 ASX lithium firms are producing white metal
June 14, 2022 05:38 PM AEST| By Bhawna GuptaHighlights The lithium industry is not hot as it was in 2021. Some lithium companies like Allkem Limited and Mineral Resources Limited are on their way to speeding up lithium production. The lithium industry is not hot as it was in 2021 as.....
PDN, ERA, BOE, BKY: Why are these ASX-listed Uranium stocks in news today?
June 14, 2022 03:22 PM AEST| By Priyanka PayalThe rise in Uranium price has prompted mine operators in countries such as Australia, North America and Africa to start their stalled projects. It is to be noted that the US is expected to ban the use of Russian Uranium after Moscow invaded Ukraine.....
ASX 200 tumbles 5% in broad selloff as recession fears mount
June 14, 2022 12:17 PM AEST| By Priyanka PayalAustralian equity market declined sharply on Tuesday (14 June 2022) as concerns mount that the US Fed’s efforts to bring down inflation with higher rates could lead to a recession, sparking a fresh round of selloff in global equities. The ben.....
Z1P, MFG, PBH: Why these ASX shares were worst performers last week
June 14, 2022 08:59 AM AEST| By Ashishrs. The Australian share market ended last week on a muted note, mainly on account of a continuous rise in interest rates by global central banks to tame inflation. The benchmark ASX 200 index fell 4.2% to end the period at 6,932 points. Util...
ASX 200 to fall over 4%; S&P falls into bear market
June 14, 2022 08:02 AM AEST| By AshishHighlights The Australian share market is expected to start the week on a muted note. According to the latest SPI futures, the ASX 200 is poised to open massive 296 points or 4.3% lower on Tuesday. On Wall Street, the Dow Jones fell...
BHP, STO, FMG: ASX200 stocks to watch out for
June 10, 2022 07:11 PM AEST| By RitwikaHighlights Both ASX Materials and Energy sector closed lower on Friday (10 June 2022). Leading stocks pertaining to the materials and energy sector, getting impacted by the sectoral performance, buzzed in red zone today. The S&.....
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