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Stock market
How will soaring energy prices affect mining industry?
May 13, 2022 09:25 PM AEST| By Arpit VermaHighlights Russia’s invasion came at a time when prices of various metals were already rising due to supply tightness. Europe’s mining sector is probably the hardest hit in the world due to the current energy supply disruptions. Ca...
WES, GMG, WOW, TCL: How these ASX blue-chip stocks performed today?
May 13, 2022 06:28 PM AEST| By Sukriti NairHighlights Australian stocks end the loss rally to close 1.9% higher today (13 May). Top 50 Large-cap equities also end the week's trade about 2% higher. Blue-chip stocks worth noticing before the weekend are Wesfarmers, Goodman Group, Woolwor...
ASX 200 storms 1.9% higher in third-biggest daily gain of 2022
May 13, 2022 05:27 PM AEST| By SukritiHighlights ASX 200 stormed 1.9% higher to 7,075.1 in the third-biggest daily gain this year. Every sector closed in positive territory; tech sector led the rebound with a 7% rise. Fears of a global recession induced by aggressive central bank .....
NWS, URW, ORG, NST: How are these ASX 50 stocks faring today?
May 13, 2022 04:29 PM AEST| By Bhawna GuptaHighlights All companies listed on the Australian Securities Exchange (ASX) are rated using market capitalisation. The S&P/ASX 50 Index was 1.67% or 113.70 points up at 6,904.30 at 1.38 PM GMT. The S&P/ASX 50 Index is a market capi.....
Amplia Therapeutics’ (ASX:ATX) gets HREC nod for pancreatic cancer trial
May 13, 2022 03:05 PM AEST| By Aditi SarkarHighlights Amplia Therapeutics has received second HREC clearance for Phase 2 clinical trial of AMP945 The approval will allow the company to accelerate recruitment into the trial and focus on its execution phase The trial is designed to evalu...
NCM, EVN, PRU: How did these 3 ASX gold stocks perform YTD?
May 13, 2022 12:28 PM AEST| By Bhawna GuptaHighlights The S&P/ASX 300 Metals & Mining Index closed 2.02% lower in its last session. S&P/ASX All Ordinaries Gold Index was also 1.95% down. Gold stocks like Newcrest Mining, Evolution Mining and Preseus Mining did not perform w.....
ESPO, HACK: These two ETFs have suffered nearly 20% fall in 2022
May 13, 2022 12:02 PM AEST| By AshishHighlights Demand for ETFs has remained high in past few months. However, of late, a few ETFs have seen significant selloffs. But this can be an opportunity for investors to invest in these funds at lower prices. Exchange trad...
WHC, VEA: Why these ASX shares scaled their multi-year highs yesterday
May 13, 2022 08:28 AM AEST| By AshishHighlights The ASX 200 has remained muted so far this week. On Thursday, the benchmark index fell 1.75% to 6,941 points. While a majority of shares listed on the ASX 200 showed weakness, there were a few notable exceptions....
ASX 200 to open flat; Dow Jones, S&P 500 close lower
May 13, 2022 07:48 AM AEST| By AshishHighlights The Australian share market is likely to open largely flat on Friday. According to the latest SPI futures, the ASX 200 is expected to open 9 points or 0.1% higher. On Wall Street, the Dow Jones was down 0.3%, the S&P 5...
AMC, REH, COH: Why were these ASX 200 stocks in news today?
May 12, 2022 07:50 PM AEST| By RitwikaHighlights The ASX 200 index closed in red today, leading to major stocks closing the day in red. Amcor is an exception as it ended in green despite both ASX 200 and XMJ ending in red today. The S&P/ASX 200 index (ASX:XJO) closed 1.751...
From PLS, SYA to CXO: Take a look at top 5 ASX lithium stocks
May 12, 2022 05:22 PM AEST| By Bhawna GuptaHighlights: Lithium is the least dense metal and solid element. Lithium is highly reactive and must be stored in a vacuum or inert atmosphere. The production and transportation of lithium are very costly. Lithium prices have risen fast as.....
RLF AgTech (ASX:RLF) cashes in on high demand, wins contracts worth $1.2M
May 12, 2022 05:14 PM AEST| By Mohammad ZaidHighlights: RLF AgTech has secured AU$1.2 million in forward annual sales contracts for FY023 from two longstanding customers. The development indicates an 80% increase in sales contracts with continued growth in demand for RLF plant nutrition .....
Race Oncology (ASX:RAC) receives RGO nod for Zantrene human trial
May 12, 2022 12:41 PM AEST| By Aditi SarkarHighlights: Race Oncology is riding high with governance approval for human trial of its new therapy Zantrene®. The cancer drug will be studied in patients with extramedullary Acute Myeloid Leukaemia (AML) or high-risk Myelodysplastic Syndr.....
LIC, AX1, JDO: Why these ASX All Ordinaries rose sharply yesterday
May 12, 2022 08:37 AM AEST| By AshishHighlights The ASX All Ordinaries had a challenging session on Wednesday. The index closed the session up just 0.26% to 7,304.40. While a majority of shares traded weak, there were a few notable exceptions as well. The Austral...
ASX 200 to fall on US inflation concerns; Xero, CBA results today
May 12, 2022 07:55 AM AEST| By AshishHighlights The Australian share market is expected to extend its losses to Thursday. According to the latest SPI futures, the ASX 200 is likely to open 54 points or 0.8% lower. The Dow Jones fell 1%, the S&P 500 dipped 1.65%, and...
ASX 200 closes up 0.2% in volatile session
May 11, 2022 06:00 PM AEST| By SukritiHighlights In a volatile trading session, ASX 200 recovered from its morning dip to close higher for the first time this week, up 0.2% to 7064.7. Big miners rebounded strongly, health care and property sectors closed strongly higher. Investors...
PDN, ERA, BOE: How did these uranium stocks fare today on ASX?
May 11, 2022 05:31 PM AEST| By Bhawna GuptaHighlights S&P/ASX 200 Energy ended 0.125 or 12.20 points lower today at 9,945.10 points. Paladin Energy also remained in red today (May 11). The Australian share market performed well today (May 11) as the benchmark index ASX 200 clos...
Integral Diagnostics (ASX: IDX) snaps up Exact Radiology; how will it benefit IDX?
May 11, 2022 02:28 PM AEST| By Aditi SarkarHighlights: IDX will finalise the acquisition of Exact Radiology in early FY23 The acquisition includes an open purchase consideration of AU$37.5M in cash IDX gets growth prospects in South-East Queensland Medical imaging services provide.....
Should investors ‘Sell in May and go away’?
May 11, 2022 02:02 PM AEST| By AshishHighlights For some reason, global stock markets turn a mini bear market each May. According to the ‘Sell in May and go away’ saying, investors can improve their annual returns by selling stocks in May. Meanwhile, the ASX...
ASX 200 to fall after Wall Street closes mixed; oil slips again
May 11, 2022 07:53 AM AEST| By AshishHighlights The Australian share market is expected to open lower on Wednesday. According to the latest SPI futures, the ASX 200 is likely to open 7 points or 0.1% lower. On Wall Street, the Dow Jones fell 0.26%, the S&P 500 rose...
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