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Stock market
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.....
CXO, AVZ, PLS: How are these ASX lithium stocks performing in May 2022?
May 16, 2022 05:37 PM AEST| By Bhawna GuptaHighlights Today, ASX 200 Materials Index was 0.48% down, closed at 16,597.30 points. Materials was the worst-performing sector today, along with consumer and healthcare. A rebound in crude oil and iron ore prices helped the lithium stocks tod.....
ASX 200 kick-starts week 0.25% higher, industrial stocks lead gains
May 16, 2022 05:23 PM AEST| By SukritiHighlights ASX 200 closed up, gaining 17.90 points or 0.25% to 7,093.00. China’s decision to lock down major cities amid worries about Covid-19 resurgence could strain supply chains; Russia’s invas.....
NCM, NST, EVN: 3 gold stocks which grabbed investors’ attention today
May 16, 2022 04:40 PM AEST| By Priyanka PayalHighlights The benchmark index ASX200 was up 0.162% at 7086.600 points at 1:24 PM AEST today. The S&P/ASX All Ordinaries Gold Index (ASX:XGD) was up 0.475% at 6107.800 points at 1:08 PM AEST. Three ASX-listed gold stocks, Newcr.....
Here’s why Fortescue Metals’ (ASX:FMG) green energy leg is grabbing spotlight
May 16, 2022 04:18 PM AEST| By Sonal GoyalHighlights Fortescue Future Industries inks an agreement with the Industrial Park at TransAlta. The agreement aims to convert a coal mine into a green hydrogen production facility. The move would result in hundreds of new local jobs and aid th.....
From ALL, WPL to COL: Why are these ASX blue-chip stocks in news today?
May 16, 2022 03:57 PM AEST| By RitwikaHighlights The ASX 200 index traded in the green territory today. The share price of Aristocrat has fallen almost 18% on the ASX over the past 12 months The ASX 200 index began trading on a positive note on Monday morning. The S&P/ASX .....
WPL, STO, VEA: Look at these ASX energy stocks as oil prices jump 4%
May 16, 2022 02:52 PM AEST| By Bhawna GuptaHighlights The WTI crude oil price increased by 4.1% to US$110.49 per barrel. The Brent crude oil price increased by 3.8% to US$111.55 per barrel. Oil stock like Woodside Petroleum was trading in green today. The Australian share market s.....
XRO, SQ2, WTC: How are these 3 ASX-listed tech stocks faring today?
May 16, 2022 02:02 PM AEST| By Sukriti NairHighlights Australian stocks have started the new week on a positive note. ASX200 IT Index (XIJ) wais about 2% higher post noon today (16 May). ASX200 has kicked off the week's trade slightly higher, gaining 14.10 points to touch 7,089.20 .....
Why is Brambles (ASX:BXB) share price shooting up over 11%?
May 16, 2022 12:24 PM AEST| By Sukriti NairHighlights Brambles’ share price jumped over 11% in the first hour of trade today (16 May). The company has confirmed its preliminary takeover talks with CVC Capital Partners. The palette and crates company remains focused on developing .....
CTT, SQ2, 5EA: Three ASX All Ordinaries shares rising over 10% on Friday
May 16, 2022 08:41 AM AEST| By AshishHighlights The ASX All Ordinaries rose nearly 2% on Friday. Investors would expect the markets to rebound sharply this week. There were a few stocks which ended the week on a strong note. The ASX All Ordinaries rose nearly 2%...
ASX 200 to open higher; Goodman Group’s Q3 earnings today
May 16, 2022 07:42 AM AEST| By AshishHighlights The Australian share market is likely to begin the week on a strong note. According to the latest SPI futures, the ASX 200 is expected to open 54 points or 0.8% higher on Monday. On Wall Street, the Dow Jones rose 1.5%, the...
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