Financial


 Magellan Financial Group (ASX: MFG) Surges 8% as Investors Welcome February FUM Update

Magellan Financial Group (ASX: MFG) Surges 8% as Investors Welcome February FUM Update

March 06, 2024 06:28 PM AEDT| By Team Kalkine Media

In a surprising turn of events, Magellan Financial Group Ltd (,ASX: MFG,) is witnessing a remarkable surge in its share price, defying the broader market trend. Let's delve into the key highlights of the February funds under management (FUM) update a...

 ANZ Group (ASX: ANZ) sheds share in AMMB Holdings Bhd

ANZ Group (ASX: ANZ) sheds share in AMMB Holdings Bhd

March 06, 2024 06:25 PM AEDT| By Team Kalkine Media

In a strategic move, ANZ Group Holdings Ltd (,ASX: ANZ,) have made headlines by agreeing to sell 16.5% of the issued capital in AMMB Holdings Bhd (AmBank). This substantial move, executed via a block trade at a price of MYR3.85 per share, reflects AN...

 Medibank (ASX: MPL) and NIB (ASX: NHF) Shares defies benchmark index on Tuesday

Medibank (ASX: MPL) and NIB (ASX: NHF) Shares defies benchmark index on Tuesday

March 05, 2024 05:04 PM AEDT| By Team Kalkine Media

The S&P/ASX 200 Index might have experienced a downturn today (5 March 2024), but Medibank Private Ltd (,ASX: MPL,) and NIB Holdings Limited (,ASX: NHF,) shares are defying the trend with impressive gains. Both private health insurers are standing ou...

 What’s driving Westpac (ASX: WBC) shares today?

What’s driving Westpac (ASX: WBC) shares today?

March 04, 2024 01:56 PM AEDT| By Team Kalkine Media

Investors are witnessing another milestone in the financial world as the S&P/ASX 200 Index sets a new record high at 7,768 points. Notably, Westpac Banking Corp (,ASX: WBC,) follows suit with a fresh 52-week high, reaching $26.60 per share. The stock...

 Up 12%: Shares of Platinum Asset Management (ASX: PTM)  gain on turnaround program

Up 12%: Shares of Platinum Asset Management (ASX: PTM)  gain on turnaround program

March 01, 2024 12:17 PM AEDT| By Team Kalkine Media

In a decisive move towards rejuvenation, Platinum Asset Management (,ASX: PTM,) has embarked on a transformative journey, unveiling a turnaround program following the release of its half-year earnings. The strategic initiative aims to breathe new lif...

 Medibank Private (ASX: MPL) experiences volatile trading day on Thursday. Here’s why.

Medibank Private (ASX: MPL) experiences volatile trading day on Thursday. Here’s why.

February 29, 2024 05:59 PM AEDT| By Team Kalkine Media

The S&P/ASX 200 Index is showing signs of volatility, experienced a 0.50% gain on Thursday to close at around 7,698 points. In this article, we'll dissect the dynamics of Medibank Private Ltd's (,ASX: MPL,) share price, which, at first glance, seems...

 EPS of National Australia Bank (ASX: NAB) growing considerably in past three years

EPS of National Australia Bank (ASX: NAB) growing considerably in past three years

February 28, 2024 01:43 PM AEDT| By Team Kalkine Media

If the thrill of high risk and high reward isn't your game, delve into the world of profitable and growing companies. National Australia Bank (,ASX: NAB,) is one such beacon, where consistent profit production is as essential as the air we breathe.,H...

 What’s behind 4% Plunge in Perpetual (ASX: PPT) Shares on Wednesday

What’s behind 4% Plunge in Perpetual (ASX: PPT) Shares on Wednesday

February 28, 2024 01:37 PM AEDT| By Team Kalkine Media

In the dynamic world of finance, twists and turns are inevitable. Today, our spotlight is on Perpetual Ltd (,ASX: PPT,), which has witnessed a noteworthy 4.25% dip, bringing its shares to AU$23.87 apiece (12:40 PM AEDT). This article delves into the...

 Helia Group (ASX: HLI) Surges on Strong Financials and Dividend Declarations

Helia Group (ASX: HLI) Surges on Strong Financials and Dividend Declarations

February 27, 2024 04:42 PM AEDT| By Team Kalkine Media

In a notable market development, Helia Group (,ASX: HLI,) witnesses a robust uptrend, with its shares soaring by a remarkable 7.83% to close at AU$4.68 apiece on 27 February 2023.,The company reports a noteworthy FY24 underlying Net Profit After Tax...

 Suncorp Group (ASX: SUN) shares on investor’s radar. Here’s why.

Suncorp Group (ASX: SUN) shares on investor’s radar. Here’s why.

February 26, 2024 06:51 PM AEDT| By Team Kalkine Media

The Suncorp Group Ltd (,ASX: SUN,) has witnessed a notable surge in its share price, exhibiting a robust performance in the market. This surge is particularly evident as shares in the S&P/ASX 200 Index (ASX: XJO) banking and insurance company closed...

 Block Inc's (ASX: SQ2) Shares Skyrocket on Q4 2023 Results

Block Inc's (ASX: SQ2) Shares Skyrocket on Q4 2023 Results

February 23, 2024 06:15 PM AEDT| By Team Kalkine Media

Investors are witnessing a spectacular surge in the Block Inc (,ASX: SQ2,) share price today (23 February 2024). The global S&P/ASX 200 Index (ASX: XJO) buy now, pay later (BNPL) giant, which acquired Afterpay in January 2022, closed yesterday's trad...

 Recent insider activities and ownership landscape of Steadfast Group (ASX: SDF). Details here.

Recent insider activities and ownership landscape of Steadfast Group (ASX: SDF). Details here.

February 22, 2024 04:39 PM AEDT| By Team Kalkine Media

Understanding the significant role of individual investors, recent insider activities, and institutional ownership provides key insights into Steadfast Group Limited's (,ASX: SDF,) dynamics. Let's delve into the details.,Individual Investors' Influen...

 Medibank shares soar to 52-week high on US tech partnership

Medibank shares soar to 52-week high on US tech partnership

February 20, 2024 07:42 PM AEDT| By Team Kalkine Media

The Medibank Private Ltd (,ASX: MPL,) share price has surged by 2.5% to reach a 52-week high of $3.89 in afternoon trade on Tuesday. This significant increase contrasts with the ASX 200 index, which is currently down by 0.15%.,ASX financial stocks,,...

 ANZ Group’s (ASX: ANZ) paths clear for acquisition of Suncorp Group’s banking arm

ANZ Group’s (ASX: ANZ) paths clear for acquisition of Suncorp Group’s banking arm

February 20, 2024 06:02 PM AEDT| By Team Kalkine Media

In a major turn of events, ANZ Group Holdings Ltd. (,ASX: ANZ,) has emerged victorious in its battle against the competition watchdog's decision to block its substantial AU$4.9 billion acquisition of Suncorp Group Ltd.'s banking arm. The Australian C...

 Netwealth Group (ASX: NWL) Shares Soar: Financial Success Unveiled

Netwealth Group (ASX: NWL) Shares Soar: Financial Success Unveiled

February 20, 2024 05:58 PM AEDT| By Team Kalkine Media

In a remarkable surge, the shares of Netwealth Group (,ASX: NWL,) witnessed an impressive rise of 5.62% to AU$18.60 apiece on 20 February 2024. This financial feat follows the release of the firm's Half-Yearly (HY) report, revealing a net profit attr...

 Bendigo and Adelaide Bank Ltd (ASX: BEN) Unravels the Half-Year Results, Shares Down

Bendigo and Adelaide Bank Ltd (ASX: BEN) Unravels the Half-Year Results, Shares Down

February 19, 2024 06:57 PM AEDT| By Team Kalkine Media

In response to Bendigo and Adelaide Bank Ltd's (,ASX: BEN,) half-year results, the share price fell by 1.72 to AU$9.72 apiece. Let's delve into the key performance indicators that influenced this downward trajectory.,A Snapshot of Half-Year Performan...

 Why are Westpac shares outpacing other ASX 200 bank stocks on Monday?

Why are Westpac shares outpacing other ASX 200 bank stocks on Monday?

February 19, 2024 04:22 PM AEDT| By Team Kalkine Media

Westpac Banking Corp (,ASX: WBC,) is making headlines today as its shares surge ahead of other major bank stocks on the S&P/ASX 200 Index (ASX: XJO). In early afternoon trading, Westpac's stock is up by 2.4% to reach $25.17 per share.,Meanwhile, its...

 ASX (ASX: ASX) shares shed over 4% on Friday. Details here.

ASX (ASX: ASX) shares shed over 4% on Friday. Details here.

February 16, 2024 04:27 PM AEDT| By Team Kalkine Media

In the fast-paced world of financial markets, the Australian Securities Exchange (ASX) plays a crucial role in shaping investor sentiment and market trends. Today, we delve into the recent tumble in the shares of ASX Ltd (,ASX: ASX,), exploring the f...

 QBE Insurance Group (ASX: QBE) reports more than full year doubled profits, shares jump

QBE Insurance Group (ASX: QBE) reports more than full year doubled profits, shares jump

February 16, 2024 12:14 PM AEDT| By Team Kalkine Media

Australia's QBE Insurance Group (,ASX: QBE,) marked a spectacular achievement as its full-year profit more than doubled, reaching new heights on Friday. The surge in profitability was fueled by increased income from premiums and reduced claims, prima...

 Insurance Australia Group’s (ASX: IAG) NPAT dips by 13% in recent half, share price falls

Insurance Australia Group’s (ASX: IAG) NPAT dips by 13% in recent half, share price falls

February 16, 2024 11:58 AM AEDT| By Team Kalkine Media

On Friday morning, the share price of Insurance Australia Group Ltd (,ASX: IAG,) is experiencing a decline. At the time of writing, the company's shares have dropped by 6% to AU$5.96, following the release of its half-year results.,Key financial high...

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