Stocks

Polynovo (ASX:PNV) Reports Stellar FY24 Sales of AU$92 Million, Shares Rise 57.1% Year-to-Date
July 24, 2024 04:33 PM AEST| By Team Kalkine MediaShares of Polynovo (ASX:PNV) surged by as much as 6.2% to AU$2.760, marking their highest level since July 2, 2021, as the stock continued its upward momentum from the previous session. Analysts at Macquarie have projected significant sales growth of...

How to Value the CBA Share Price Using Dividend Yield
July 24, 2024 04:33 PM AEST| By Team Kalkine MediaNavigating the Commonwealth Bank of Australia's,(ASX:CBA),share price amidst market fluctuations can be challenging. As Australia's largest bank, CBA holds a significant position in the financial sector, dominating areas such as mortgages, credit car...

Lynas Rare Earths (ASX:LYC) Falls Short of Production Expectations, Citi Cuts FY25 Profit Forecast by 16%
July 24, 2024 04:30 PM AEST| By Team Kalkine MediaAnalysts at Citi have reported that Lynas Rare Earths (ASX:LYC), Australia's prominent rare earths miner, fell short of their expectations in June production for neodymium and praseodymium, the company's primary products, by 16%. Despite concerns abo...

Pilbara Minerals Ltd and Wesfarmers Ltd: 2 ASX Growth Shares to Watch
July 24, 2024 04:03 PM AEST| By Team Kalkine MediaAs 2024 progresses,,ASX growth stock,Pilbara Minerals Ltd and diversified conglomerate Wesfarmers Ltd present contrasting narratives. Pilbara Minerals, a prominent lithium producer, has experienced a significant drop in its share price this year, ref...

Lynas Share Price Under Spotlight After this Month Update
July 24, 2024 03:18 PM AEST| By Team Kalkine MediaLynas Rare Earths Ltd,(ASX:LYC),has recently come under the spotlight with the release of its quarterly report for the period ending June 2024. As a leading player in the rare earths sector, Lynas is integral to the production of essential components...

Two ASX Healthcare Stocks Facing Declines Amid Market Challenges
July 24, 2024 02:08 PM AEST| By Team Kalkine MediaOn a challenging Wednesday for the S&P/ASX 200 Index, which sees marginal losses hovering around 7,967.4 points, several stocks stand out for their notable declines. Here’s a closer look at why these healthcare companies are struggling today:,Mesobla...

Pilbara Minerals Share Price in Focus for June 2024
July 24, 2024 01:59 PM AEST| By Team Kalkine MediaPilbara Minerals Ltd,(ASX: PLS),, a leading lithium producer, has recently released its quarterly update for June 2024. The company, known for its Pilgangoora operation in Australia, reported a significant 26% increase in production, reaching 226.2 k...

Perpetual (ASX: PPT) Shares Decline on Revised AUM Figures and Expense Outlook
July 24, 2024 01:55 PM AEST| By Team Kalkine MediaShares of Perpetual Limited (ASX: PPT) faced significant selling pressure today, declining as much as 3.7% to AU$ 21.900 in early trading hours of Wednesday.,Perpetual reported that its total assets under management (AUM) stood at AU$ 215.0 billion (...

Strong Sales Growth Propels Pilbara Minerals' (ASX: PLS) Q4 Revenue Up by 58%
July 24, 2024 01:52 PM AEST| By Team Kalkine MediaPilbara Minerals Ltd (ASX: PLS) has exceeded market expectations with its robust performance in the fourth quarter, driving its share price up by 5% to AU$3.03 as of Wednesday’s afternoon trade. The company's quarterly update for the period ending 30...

Why is Flight Centre (ASX: FLT) Trading in Red Today?
July 24, 2024 01:48 PM AEST| By Team Kalkine MediaThe Flight Centre Travel Group Ltd (ASX: FLT) is grappling with a notable decline in its share price today (24 July 2024), reflecting investor reaction to amended profit guidance for the 2024 financial year (FY 2024). Closing at AUAU$23.01 yesterday,...

CSL Ltd and Washington H. Soul Pattinson & Company Ltd Share Prices Worth Watching
July 24, 2024 12:00 AM AEST| By Team Kalkine MediaCSL Ltd,(ASX: CSL),, a leading global biotechnology company, has seen its share price increase by 8.3% since the start of 2024. CSL is known for its innovative medicines that address serious medical conditions and contribute to public health. The com...
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ASX Shares Surge: DSE, SPR, and UNI on the Rise
July 23, 2024 05:33 PM AEST| By Team Kalkine MediaIn today's trading session on the Australian Securities Exchange (ASX), several stocks are outperforming, buoyed by positive market sentiment and company-specific developments. Here's a rundown of why these ASX shares are experiencing notable gains:,...

Ansell (ASX: ANN) Rises on Strategic Acquisition of Kimberly-Clark's PPE Business
July 23, 2024 04:57 PM AEST| By Team Kalkine MediaAnsell Ltd (,ASX: ANN,), a prominent supplier of medical equipment, saw its shares surge by 3.5% to AU$ 27.570, marking its highest level since July 17, 2023. The rally follows upbeat commentary from analysts at J.P. Morgan regarding Ansell's recent...

JB Hi-Fi (ASX: JBH) gains 22% Year-to-Date- Here’s Why?
July 23, 2024 04:54 PM AEST| By Team Kalkine MediaJB Hi-Fi Ltd (,ASX: JBH,), a prominent player in the Australian retail sector, has garnered attention from analysts as its shares have surged 22.37% since the beginning of 2024, outpacing the broader S&P/ASX 200 Index's 4.61% gain. Amidst this robust...

Woodside Energy (ASX: WDS) Seeks Partners for Newly Acquired US LNG Project
July 23, 2024 04:52 PM AEST| By Team Kalkine MediaWoodside Energy Group Ltd (,ASX: WDS,), the prominent Australian oil and gas producer, is actively pursuing partnerships for its newly acquired US liquefied natural gas (LNG) project, aiming to revitalise the struggling development under its new owne...

Regis Resources (ASX: RRL): A Golden Opportunity for Investors, States Bell Potter
July 23, 2024 04:48 PM AEST| By Team Kalkine MediaWith gold prices soaring to record highs this month, investors are increasingly seeking opportunities within the ASX 200 for exposure to the precious metal. Among the standout contenders is Regis Resources Ltd (,ASX: RRL,), touted by analysts at Bell...
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Polynovo’s (ASX: PNV) Share Price Surges 5% on FY24 Results
July 23, 2024 03:22 PM AEST| By Team Kalkine MediaPolynovo Ltd (,ASX: PNV,) has seen its share price climb 5% into the green on Tuesday following the release of its unaudited FY24 trading results. These results indicate robust performance across the board for the medical device company, driving inve...

Why are these small cap shares underperforming amidst ASX 200 gains?
July 23, 2024 03:06 PM AEST| By Team Kalkine MediaWhile the S&P/ASX 200 Index surged 0.7% to 7,985 points on Tuesday afternoon, several ASX-listed companies failed to capitalise on the positive sentiment, experiencing notable declines. Here’s a closer look at three shares that struggled to follow th...

Insignia Financial (ASX: IFL) Surges on Analyst Upgrades and Positive Outlook
July 23, 2024 02:42 PM AEST| By Team Kalkine MediaInsignia Financial (,ASX: IFL,) saw a significant uptick in its share price, climbing as much as 6.8% to AU$2.67 on Tuesday. The Australian wealth manager emerged as one of the top performers in the benchmark ASX 200 index (AXJO), buoyed by favorable...

How Will South32 (ASX: S32) Navigate Production Challenges at Worsley Alumina and Sierra Gorda Mines?
July 23, 2024 02:28 PM AEST| By Team Kalkine MediaShares of South32 (ASX: S32) extended their losing streak on Tuesday, falling as much as 1.5% to AU$2.945, marking the sixth consecutive session of losses for the diversified mining company. The decline comes amidst heightened investor concern and an...

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