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Stock market
ASX 200 to rise; US stocks gain after latest Fed meeting minutes
May 26, 2022 07:58 AM AEST| By AshishHighlights The Australian share market is expected to rise on Thursday. According to the latest SPI futures, the ASX 200 is likely to open 11 points or 0.15% higher. On Wall Street, the Dow Jones rose 0.6%, the S&P 500 rose 0.95%...
NVX, ALD, MNS: How did these 3 ASX EV stocks fare today?
May 25, 2022 06:59 PM AEST| By Bhawna GuptaElectric vehicles (EVs) have been at the forefront of the automobile industry's efforts to become more environmentally friendly. According to the latest annual Global Electric Vehicle Outlook report, sales of electric cars, including completely el.....
Firebrick Pharma (ASX:FRE) secures Malaysian patent for nasal spray
May 25, 2022 03:50 PM AEST| By Aditi SarkarHighlights Firebrick secures patent in Malaysia for Nasodine® Nasal Spray as a treatment and preventative for common cold Nasodine is now protected in 26 countries, with China, Singapore, Japan, and Canada on the pending list Nasodine is a.....
NCM, NST, EVN, PRU: Why are these ASX-listed gold stocks up today?
May 25, 2022 01:58 PM AEST| By Priyanka PayalHighlights The S&P/ASX All Ordinaries Gold Index (ASX:XGD) was up 2.47% at 6,533.20 points at 11:08 AM AEST today. Eight of 11 sectors traded higher today, while Materials was one of today's best performing sectors. A rise in gold prices h.....
Wall Street retreats after social media stock rout; SNAP, PINS plunge
May 25, 2022 08:33 AM AEST| By Team Kalkine MediaWall Street’s main indices closed mixed on Tuesday, May 24, after Snap Inc’s bleak forecast triggered a sector-wide selloff in social media stocks. The S&P 500 was down 0.81% to 3,941.48. The Dow Jones rose 0.15% to 31,928.62....
YAL, NHC, WOR: ASX All Ordinaries shares that hit multi-year highs yesterday
May 25, 2022 08:28 AM AEST| By Ashishns. The ASX All Ordinaries index closed down 0.28% to 7,128.20 on Tuesday. The index, considered as the benchmark for Australian equity performance, has fallen in recent weeks from a high of 7,887 on 21 April 2022 on account of broader w...
Here’s how energy prices are driving Australian Energy Index
May 24, 2022 06:48 PM AEST| By Arpit VermaHighlights The S&P/ASX 200 Energy Index (XEJ) has gained 26.60% in the last 52 weeks. Currently, XEJ stands at its multi-year resistance level, and it has been consolidating for the last one month. Market participants would be closely moni.....
URW, MGR, DXS, SCG - How are these property stocks acting?
May 24, 2022 04:01 PM AEST| By Sukriti NairHighlights Australian popular index ASX200 is down today, with 7 of 11 sectors in the red. Property sector representative index XRE is, however, slightly higher than the previous close. The ASX200 shed off the initial gains and went down a...
SYA, CXO, PLS: Why are these ASX-listed lithium stocks in news?
May 24, 2022 03:37 PM AEST| By Bhawna GuptaHighlights Lithium prices have increased by almost 400% in the last year. Lithium stocks like Sayona Mining, Core Lithium, and Pilbara Minerals have been performing well on the ASX. Despite a strong handover from Wall Street stocks, the Au.....
SQ2, CPU, WTC, XRO: Why are these ASX tech stocks trading lower today?
May 24, 2022 02:47 PM AEST| By Priyanka PayalHighlights The benchmark index ASX200 was 0.037% lower at 7146.200 points at 11:10 AM AEST today. Seven sectors were seen trading in the red in the early morning trading hours on Tuesday (24 May). The losses were led by the information technol.....
Up 197% in one year: What’s powering Neuren (ASX: NEU) share price?
May 24, 2022 01:21 PM AEST| By Aditi SarkarNeuren Pharmaceuticals (ASX: NEU) is moving forward in the development of new drug therapies to cure multiple serious neurological disorders, which usually begin in early childhood and have no approved medicines. The company’s commercial part.....
Wide Open Agriculture (ASX:WOA) seals distribution deal for oat milk in Taiwan
May 24, 2022 12:22 PM AEST| By Aditi SarkarHighlights WOA strikes a deal with DKSH Taiwan to distribute, market and sell Dirty Clean Food’s Oat Milk in Taiwan. The development marks Dirty Clean Food’s entry into the plant-based drinks market in Taiwan. Annual sales fo.....
ASIA, HACK, CRYP: Why these ASX-listed ETFs fell over 20% YTD
May 24, 2022 08:30 AM AEST| By Ashishws. Investors have an option to easily diversify their portfolio with exchange traded funds (ETFs). They can access many shares via a single investment through the ETF-route. While these funds gained significantly last year, many ETFs are curr...
ASX 200 defies Asian markets, closes higher backed by materials
May 23, 2022 06:44 PM AEST| By Sukriti NairHighlights ASX 200 closed today’s trade merely 3.30 points up at 7,148.90 points. Materials supported gains against the pulldown from financials and utilities. Incitec Pivot, Imugene, and Elders were some newsmakers of the day. Star...
Major Breakthrough! Living Cell Technologies (ASX:LCT) to use AI in research for Parkinson’s
May 23, 2022 06:04 PM AEST| By Aditi SarkarHighlights LCT has marked a major leap in its groundbreaking research to combat Parkinson’s disease, which affects millions of people worldwide. The company is set to apply AI in NTCELL research to augment the quality of its third clinica.....
WES, WOW, COL, EDV: How are these ASX consumer stocks performing?
May 23, 2022 05:25 PM AEST| By RitwikaHighlights The ASX 200 consumer staples sector is one of the worst-performing sectors on the ASX today. The consumer stocks are trading in red today due to the performance of the consumer sector. The S&P/ASX 200 Consumer Staples sector.....
Wide Open Agriculture (ASX:WOA) shares soar 26% on MNA supply agreement
May 23, 2022 02:44 PM AEST| By Aditi SarkarHighlights WOA has signed its first third-party agreement for Buntine Protein™. MNA is expected to purchase about 60% of total production of Buntine Protein™ from WOA's expanded pilot production facility over a two-year period. Bun.....
Vic Wide Tyre Service acquisition steers RPM Automotive (ASX:RPM) on fast-growth track
May 23, 2022 01:17 PM AEST| By ManishaHighlights RPM Automotive Group is a prominent player in the Australian automotive aftermarket. The ASX-listed firm has completed 100% acquisition of Vic Wide Tyre Service. The acquisition is expected to be immediately value and earnings per s.....
Vic Wide Tyre Service acquisition steers RPM Automotive (ASX:RPM) on fast-growth track
May 23, 2022 01:11 PM AEST| By ManishaHighlights RPM Automotive Group is a prominent player in the Australian automotive aftermarket. The ASX-listed firm has completed 100% acquisition of Vic Wide Tyre Service. The acquisition is expected to be immediately value and earnings per s...
ASX 200 edges higher; Codan, Elders lead gains
May 23, 2022 12:39 PM AEST| By Priyanka PayalHighlights The Australian equity markets opened on a positive note today. In the initial few minutes of trading, the benchmark index ASX 200 was up 0.27% at 7,164.90 points. Seven of 11 sectors traded higher today, with the Materials sector le.....
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