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REA Group (ASX:REA) share price jumps 11% YTD. Here’s why.
September 18, 2024 02:47 PM AEST| By Team Kalkine MediaREA Group Ltd (ASX:REA) has shown impressive performance in 2024, with its share price rising more than 11% year-to-date, outpacing the broader market's 7% increase as measured by the S&P/ASX 200 index (ASX: XJO). Brokers are particularly bullish on...
BlueScope Steel (ASX:BSL) Partners with Helios for Green Iron Trial to Reduce Emissions
September 18, 2024 02:46 PM AEST| By Team Kalkine MediaOn Wednesday, Australia's BlueScope Steel (ASX:BSL) unveiled a preliminary agreement with Israel-based Helios Project to trial green iron production starting in 2026. This partnership marks a significant step in the steel industry’s quest to reduce i...
88 Energy’s 'Significant Update' at Phoenix Fuels Capital Raising Speculation
September 18, 2024 02:11 PM AEST| By Team Kalkine Media88 Energy Ltd,(ASX: 88E),has recently announced a substantial update on the contingent resources for its Project Phoenix, revealing a notable increase in estimated resources. Despite the promising news, some market participants remain skeptical.,Reso...
Harvey Norman (ASX: HVN) Faces Class Action as Shares Show Modest Gain Amid Legal Controversy
September 18, 2024 01:11 PM AEST| By Team Kalkine MediaOn Wednesday, shares of Harvey Norman Holdings Ltd,(ASX: HVN),experienced a modest increase of 0.62%, trading at $4.85 each by lunchtime in Sydney. This uptick in the share price occurs against the backdrop of a significant legal challenge facing the...
Midway (ASX:MWY) Shares Rise on Rio Tinto (ASX:RIO) Partnership for Biofuels Pilot Project
September 18, 2024 12:10 PM AEST| By Team Kalkine MediaShares of Midway Ltd (ASX:MWY) saw a modest rise on Wednesday morning, with the stock up by 1% to AU$1.16 in early trade. The uptick in the ASX small-cap stock's performance follows an exciting announcement from mining giant Rio Tinto Ltd (ASX:RIO),...
Insurance Australia Group's (ASX:IAG) 55% Surge Outpaces Market in Three-Year Run
September 18, 2024 11:58 AM AEST| By Team Kalkine MediaInsurance Australia Group Limited (ASX:IAG) has rewarded its investors handsomely over the past three years, with its share price surging 55%. This performance significantly outpaced the overall market, which posted a modest return of 5.2%, excluding...
Westpac (ASX:WBC) Share Price Surges to Near Seven-Year Highs Amid Investor Confidence
September 18, 2024 11:24 AM AEST| By Team Kalkine MediaShares of Westpac Banking Corp (ASX:WBC) continue their upward trajectory, reaching nearly seven-year highs, as investors maintain their confidence in the ASX 200 bank stock. After closing at AU$32.79 on Monday, Westpac shares rose by 0.7% to AU$33.0...
Wesfarmers’ (ASX:WES) Bunnings Seeks New Growth Avenues to Driver Growth and Expand Opportunities
September 18, 2024 11:18 AM AEST| By Team Kalkine MediaOwning shares in Wesfarmers Ltd (ASX:WES) provides investors with exposure to a variety of high-quality businesses, including Bunnings, Kmart, and Officeworks. Among these, Bunnings stands out as the company’s most crucial division, contributing sign...
Zip (ASX:ZIP) shares witnesses astonishing rally recently. What’s happening?
September 18, 2024 11:15 AM AEST| By Team Kalkine MediaAfter three consecutive days of gains, shares in Zip Co Ltd (ASX:ZIP) dipped slightly on Tuesday, closing 1.2% lower at AU$2.38. While the S&P/ASX 200 Index (ASX: XJO) stock faced a minor pullback, this hasn’t significantly dented the stock’s remarka...
BHP (ASX:BHP) Sounds Alarm on AI’s Impact on Copper Demand, Eyes Major Growth by 2050
September 18, 2024 11:09 AM AEST| By Team Kalkine MediaBHP (ASX:BHP), the world's largest mining company, has issued a warning about the growing global adoption of artificial intelligence (AI), not because of potential risks to humanity, but due to the massive energy-intensive computing demands that coul...
Australian Shares Set to Dip After Record High as Market Awaits Fed Decision
September 18, 2024 10:45 AM AEST| By Team Kalkine MediaAustralian shares are poised to open slightly lower on Wednesday, following a record-breaking session the previous day. Investors are showing caution as they await the Federal Reserve's upcoming decision on interest rates, which could have a signific...
Lendlease Group (ASX:LLC) share price drops 58% in five years. Here’s why.
September 18, 2024 10:44 AM AEST| By Team Kalkine MediaLendlease Group (ASX:LLC) has experienced a notable 32% increase in its share price over the past quarter, offering some hope to investors. However, this recent rally doesn't erase the challenges the company has faced in the long term. Over the past...
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Coles Group (ASX:COL) shares surge in 2024. What analysts are saying?
September 18, 2024 10:39 AM AEST| By Team Kalkine MediaColes Group Ltd (ASX:COL) has had an impressive run in 2024, with shares surging 18.7% year to date, closing at AU$19.12 on Tuesday. This outpaces the S&P/ASX 200 Index (ASX:XJO), which has risen by 7.2% during the same period. Shareholders have also...
Woodside (ASX:WDS) Secures Long-Term LNG Supply Deal with Japan’s JERA
September 18, 2024 10:30 AM AEST| By Team Kalkine MediaWoodside (ASX:WDS) has signed a significant Sale and Purchase Agreement (SPA) with JERA, marking a milestone in its long-term supply of liquefied natural gas (LNG) to Japan. Under this agreement, Woodside will supply approximately 0.4 million tonnes...
FDA Provides Guidance for Paradigm Biopharma's Phase 3 Osteoarthritis Trial: A Closer Look
September 18, 2024 10:27 AM AEST| By Team Kalkine MediaParadigm Biopharmaceuticals (ASX:PAR) has received significant feedback from the U.S. Food and Drug Administration (FDA) regarding its Phase 3 clinical trial for knee osteoarthritis. The FDA's recent communication highlights a need for adjustments to...
Metalicity Ltd (ASX:MCT) Eyes Name Change and Expands Exploration at Yundamindra Gold Project
September 18, 2024 10:20 AM AEST| By Team Kalkine MediaMetalicity Ltd (ASX:MCT) is making strides in its exploration efforts at the Yundamindra gold project in Western Australia. Recent developments include a significant maiden drilling program comprising 77 holes that have revealed the presence of high-...
Botanix Pharmaceuticals Ltd (ASX: BOT) to Launch Sofdra for Excessive Sweating in the US
September 17, 2024 06:09 PM AEST| By Team Kalkine MediaBotanix Pharmaceuticals Ltd (ASX: BOT) has announced an upcoming launch of its approved product, Sofdra, for treating primary axillary hyperhidrosis (PAH), a condition causing excessive sweating. The product is expected to hit the US market in the Ma...
ADX Energy Ltd (ASX: ADX) Advances Oil Production with Anshof-2A Well
September 17, 2024 05:58 PM AEST| By Team Kalkine MediaADX Energy Ltd,(ASX: ADX),has achieved a significant milestone with the Anshof-2A well, marking a key development in the company's oil production efforts. This well, encountered updip from the water-wet Anshof-2 well and slightly down dip from the An...
Xero (ASX:XRO) Share Price Increases Following US$70 Million Acquisition
September 17, 2024 05:40 PM AEST| By Team Kalkine MediaXero Ltd,(ASX: XRO),has seen a 2% uptick in its share price following the announcement of a significant acquisition. As one of the leading global providers of accounting software, Xero, an,ASX tech stock,, has revealed plans to acquire Syft Analytics...
New Hope (ASX:NHC) Share Price Increases Despite 56% Profit Decline in FY24 Results
September 17, 2024 05:12 PM AEST| By Team Kalkine MediaNew Hope Corporation Ltd,(ASX: NHC),, one of Australia’s leading coal miners, experienced a notable share price increase of over 2% following the release of its financial results for the fiscal year ending July 2024,FY24 Financial Highlights,For the...
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