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Stocks
Here’s why Harvey Norman (ASX:HVN) closed in red today
March 31, 2022 08:21 PM AEDT| By Aditi SahaHighlights Harvey Norman shares declined as the firm had gone ex-dividend today. On 2 May, eligible shareholders will receive a 20 cents dividend payout. Harvey Norman is a multi-national retailer that sells consumer electrical products, furni.....
Reece Limited (ASX:REH) shares fall nearly 5% today
March 31, 2022 08:17 PM AEDT| By Priyanka PayalHighlights Reece shares closed 4.748% lower at AU$19.060 per share on ASX today. The company is expected to make a dividend payment to its shareholders on 12 April 2022. Today the benchmark ASX 200 Industrials index closed 0.166% higher at 639.....
Paladin (ASX:PDN) launches AU$200M equity raise, enters trading halt
March 31, 2022 07:57 PM AEDT| By SamtaHighlights Uranium miner Paladin Energy has executed a capital raise to restart production at Namibia based uranium mine. The company has entered trading halt amid the capital raise announcement. PDN shares have gained over 83% in last 12 mont.....
Aware Super buys additional stake in Lendlease Group (ASX:LLC)
March 31, 2022 03:00 PM AEDT| By Priyanka PayalHighlights Lendlease Group has announced that Aware Super has purchased another 24.9% interest in the Lendlease Retirement Living Trust for AU$490 million. With this purchase, the overall holding of the superannuation fund Aware Super will now .....
Core Lithium (ASX:CXO) updates on Finniss Lithium Project, shares surge 9%
March 31, 2022 02:33 PM AEDT| By Aditi SahaHighlights The first Bilatos results at Finniss are encouraging Core Lithium. The reverse circulation (RC) drilling assays reveal strong grade and thickness. Over the next few months, Core intends to conduct an active exploration program at Fi.....
MAY & PCL: Two ASX energy stocks under $1 with over 400% YTD gains
March 31, 2022 02:12 PM AEDT| By AayushMAY & PCL: Two ASX energy stocks under $1 with over 400% YTD gains Highlights Crude oil prices have been on a tear since Russia declared a war on Ukraine. Higher oil prices help oil explorers to enjoy higher margins over oil production....
Karoon Energy (ASX:KAR) seeks to acquire 50% stake in Brazilian oil field
March 31, 2022 01:52 PM AEDT| By Sonal GoyalHighlights Karoon Energy has signed an exclusivity agreement with Enauta, a Brazilian oil and gas explorer for the proposed 50% acquisition of oil field in Brazil. The offer presented by Karoon, and the exclusivity agreement is valid till 31 Ma.....
Why are Block (ASX:SQ2) shares trading in red today?
March 31, 2022 01:47 PM AEDT| By Priyanka PayalHighlights On Thursday, Block shares traded 3.916% lower at AU$186.750 per share on ASX at 12:06 PM AEDT. High inflation, Russia–Ukraine war and high-interest rates have had an impact on the performance of tech stocks lately. The sha.....
How have REG, CSL share prices fared after budget’s healthcare boost?
March 31, 2022 11:22 AM AEDT| By AshishHighlights ASX-listed healthcare stocks have gained after the budget presentation. The stocks received a significant boost from extra spending on Medicare announced in the budget. The Australian Federal Budget was tabled on 29 March...
Inside Qantas’ (ASX:QAN) plan to achieve net zero emissions by 2050
March 31, 2022 09:34 AM AEDT| By AshishHighlights Qantas aims to make sustainability a key pillar of decision-making across all areas of the business. The national airline plans to invest in sustainable aviation fuel (SAF). The company also intends to boost its fuel effic...
Boral (ASX:BLD) shares end strong as Federal Budget ups infrastructure spending
March 30, 2022 08:28 PM AEDT| By Priyanka PayalHighlights The share price of Boral Limited (ASX:BLD) traded in the green on Wednesday (30 March 2022). Today, the stock closed 2.616% higher at AU$3.530 per share on ASX. The uplift in the company's share price can be linked to the Morrison G.....
Culpeo (ASX:CPO) shares explode 260% today on first drillhole at Chile Project
March 30, 2022 06:17 PM AEDT| By Bhawna GuptaHighlights Culpeo recently agreed to acquire up to 80% of the Lana Corina Project. Today, the company shared that drilling is underway at its Lana Corina Project in Chile. On the back of the news, the company's shares ended 104% higher today a.....
From COX to WSA: Lithium & green metal stocks that are in spotlight
March 30, 2022 05:32 PM AEDT| By Priyanka PayalHighlights Recently, lithium and green metal stocks have caught investors' attention due to companies' commitment to reduce carbon footprints and growing demand for electric vehicles. Lithium stocks have experienced a drastic jump in their shar.....
Nitro (ASX:NTO) shares zoom over 13% today, here's why
March 30, 2022 05:23 PM AEDT| By Bhawna GuptaHighlights Nitro's shares last traded at AU$1.61 each, up 13.83%, outperforming ASX 200 Information Technology Index. There is no specific reason provided by the company for this huge gain. However, the gain might be because of the rebound in .....
Polynovo (ASX:PNV) shows uptrend after shedding 58% in a year
March 30, 2022 04:25 PM AEDT| By SamtaHighlights Polynovo shares have been gaining attention despite no new announcement. The stock that dropped over 58% in the last 12 months, has been displaying an upward momentum this week. PNV's second quarter US sales grew 105% on pcp in the .....
Living Cell (ASX:LCT) surges over 14% on clinical trial for Parkinson's disease
March 30, 2022 03:38 PM AEDT| By Aditi SahaHighlights LCT has inked a deal with University of Technology to utilise university facilities in Sydney. NTCELL capsules will be manufactured in Australia for the first time, progressing the third clinical trial of NTCELL in Parkinson’s .....
CPO, TSN & LRS - Three ASX penny stocks in news today
March 30, 2022 02:38 PM AEDT| By AayushHighlights The ASX Small Ordinaries index is trading at the highest level in over a month, having gained 0.73% to 3,367.8 by 12:30 PM AEDT. CPO, TSN and LRS are three ASX penny stocks enjoying a buying frenzy today. Investing in penny stocks b.....
Piedmont (ASX:PLL) shares gain on positive results from Ewoyaa Project
March 30, 2022 02:13 PM AEDT| By SamtaHighlights PLL shares are rising today following positive results from a Ghana-based project. The lithium developer's partner Atlantic has announced a significant increase in its mineral resources. PLL shares have gained over 15% over the last.....
Why are Star Entertainment (ASX:SGR) shares trading in red today?
March 30, 2022 01:56 PM AEDT| By RitwikaHighlights Star Entertainment shares dip on class action announcement on Wednesday. Slater & Gordon issued a securities class action statement to Star Entertainment in the Supreme Court of Victoria. Star Entertainment intends to defend the.....
Charter Hall (ASX:CHC) & Dutch Pension Fund acquire Irongate (ASX:IAP)
March 30, 2022 01:30 PM AEDT| By Sonal GoyalHighlights Irongate shareholders will get AU$1.90 in cash under the deal. Charter Hall will have 12% stake in the partnership while the Dutch Fund possesses the remaining 88% stake. The AU$1.3 billion deal highlights the growing battle among h...
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