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Australian Tech Stocks Slide to Seven-Month Low Amid Wall Street Selloff
March 11, 2025 12:17 PM AEDT| By Team Kalkine MediaHighlights,Australian tech index drops 4.6% to its lowest level since August 2024.,Wall Street’s Nasdaq plunges on U.S. recession fears and trade tensions with China.,Major losses for Block (-7.5%), Wisetech Global (-5.1%), and Megaport (-3%).,Austra...
Australian Shares Plunge to Seven-Month Low Amid Global Market Fears and Local Weakness
March 11, 2025 12:13 PM AEDT| By Team Kalkine MediaHighlights,ASX 200 falls 1.5% to its lowest level since August 2024, tracking Wall Street’s sharp decline.,Financial, mining, and gold stocks tumble, while Qantas dives 10.5% trading ex-dividend.,PolyNovo sinks 10% after CEO removal following bullyin...
Kathmandu (ASX:KMD) Joins Forces with New Zealand Olympic Team in Multi-Year Partnership
March 11, 2025 12:01 PM AEDT| By Team Kalkine MediaHighlights,Kathmandu (KMD) secures a four-year deal as the official apparel partner for the New Zealand Olympic team.,The brand will supply training, village, and ceremonial uniforms for,Olympic,and Commonwealth Games.,This milestone strengthens Kath...
Suncorp (ASX:SUN) Assures Strong Reinsurance Support for Cyclone Alfred Claims
March 11, 2025 12:00 PM AEDT| By Team Kalkine MediaHighlights,Majority of Alfred-related claims fall under government reinsurance coverage,Suncorp (SUN) receives thousands of,home,and food spoilage claims,Strong reinsurance program in place to mitigate,financial impact,Suncorp (ASX:SUN) has reassured...
Austal (ASX:ASB) Pauses Trading Amid Equity Raise Plans
March 11, 2025 11:56 AM AEDT| By Team Kalkine MediaHighlights,Austal (ASB) enters a trading halt ahead of an equity raise announcement.,Trading to resume following the completion of the institutional component.,Further updates expected before Thursday, March 13.,Austal (ASX:ASB), a key player in the...
Consumer Confidence Reaches Three-Year High Amid Easing Inflation
March 11, 2025 11:53 AM AEDT| By Team Kalkine MediaHighlights,Consumer sentiment,reaches,its highest level in three years.,Easing inflation and interest rate cuts contribute to optimism.,Economic,outlook,remains,cautious despite improvement.,Consumer confidence in Australia has surged to its highest...
Surefire Resources Secures Strategic Offtake Deal with HMS Bergbau, Advancing Victory Bore Project
March 11, 2025 11:51 AM AEDT| By Team Kalkine MediaHighlights,Surefire Resources (SRN) signs an offtake agreement with HMS,Bergbau,AG for Victory Bore minerals.,The deal strengthens ties with Germany and aligns with the country’s €1 billion Raw Materials Fund.,HMS,Bergbau’s,global presence supports,S...
Star Entertainment (ASX:SGR) in Advanced Talks for $750M Financial Lifeline with Salter Brothers
March 11, 2025 11:50 AM AEDT| By Team Kalkine MediaHighlights,Star Entertainment (,ASX:SGR,) is in discussions with Salter Brothers for a $750 million refinancing deal.,The company has signed an exclusivity and process deed with Salter Brothers Capital.,The finalization of terms is expected by March...
Tech Giants Face Historic Market Value Plunge Amid Sector Turbulence
March 11, 2025 11:48 AM AEDT| By Team Kalkine MediaHighlights,Big Tech stocks experienced a record $759 billion market cap decline in a single day.,Tesla (TSLA) led losses with a 15.4% drop, while Apple (AAPL) and Nvidia (NVDA) saw the highest valuation cuts.,Analysts,remain,divided on the long-term...
Brickworks (ASX:BKW) Navigates Market Challenges Amidst Trading Update and Impairment
March 11, 2025 11:47 AM AEDT| By Team Kalkine MediaHighlights,Brickworks (BKW) announces a $74 million impairment charge for its North American division.,U.S. market conditions lead to revenue decline and operational challenges.,Australian property division shows resilience, offsetting weaker segment...
Three ASX Penny Stocks Worth A$80 Million in Market Capitalization
March 11, 2025 11:31 AM AEDT| By Team Kalkine MediaHighlights,The ASX remains under 8,000 points amid global market uncertainties.,Penny stocks offer potential opportunities despite market volatility.,Companies like EZZ Life Sciences and OFX Group present notable financial insights.,The Australian Se...
Investors Reduce Their Holdings in De.mem Limited (ASX:DEM) Shares
March 11, 2025 11:30 AM AEDT| By Team Kalkine MediaHighlights,De.mem Limited's (DEM) shares saw a 29% decline this past month.,The company's price-to-sales ratio is notably lower than its industry peers.,De.mem's revenue growth outpaces the industry's forecast.,De.mem Limited (ASX:DEM) has experience...
Gold Mining Breakthrough: High-Grade Discoveries at Blackjack Boost Industry Momentum
March 11, 2025 11:30 AM AEDT| By Team Kalkine MediaHighlights,Promising high-grade gold intercepts discovered at the Blackjack project,Ongoing drilling program aims to enhance historical data accuracy,Development plans position the project for future gold production,The gold mining sector continues t...
ClearView Wealth Limited (ASX:CVW) Appears Ideal Following a Price Increase
March 11, 2025 11:30 AM AEDT| By Team Kalkine MediaHighlights,ClearView Wealth Limited (ASX:CVW) shares see 25% rise this month.,Stock still down by 20% over the past year.,Earnings growth could justify the high P/E ratio.,ClearView Wealth Limited (ASX:CVW) has experienced a notable rise, with its sh...
Insider Activity at Metal Bank Limited: A Positive Signal for Shareholders
March 11, 2025 11:30 AM AEDT| By Team Kalkine MediaHighlights,Notable insider purchases at Metal Bank Limited (ASX:MBK) have been observed.,Executive Chairman demonstrated confidence with a significant share acquisition.,12-month insider purchases, but no sales, provide an optimistic perspective.,In...
Determining the Fair Value of Transurban Group (ASX:TCL)
March 11, 2025 11:30 AM AEDT| By Team Kalkine MediaHighlights,Transurban Group (TCL) trades close to its estimated fair value of AU$13.02.,Analysts set a price target of AU$13.56 for TCL, suggesting a slight potential increase.,Discounted Cash Flow (DCF) analysis provides insights into TCL's valuatio...
Argent Minerals Expands Mineralisation at Kempfield NW Zone
March 11, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlight,Argent Minerals has completed additional reverse circulation drilling in the Kempfield NW Zone.,The drilling identified shallow, broad, and thick zones of mineralisation exceeding 100 meters.,The mineralisation includes a combination of sil...
Many Peaks Minerals Advances Gold Exploration in Côte d’Ivoire
March 11, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,Many Peaks Minerals initiates a 160-hole aircore drilling program at the Ferké project targeting undrilled gold anomalies.,Auger sampling has revealed significant anomalies, with peak assay results of 18.5g/t gold.,Future plans include a r...
Is There a New Discovery Reshaping Western Australia’s Mining Prospects?
March 11, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,New sulphide lode discovered near the Gem deposit within the Ravensthorpe project.,Drilling efforts have revealed mineralisation extending beneath the existing deposit.,Additional exploration efforts and a project decision timeline are und...
HyTerra Ramps Up Exploration of Natural Hydrogen and Helium at Nemaha Project
March 11, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,HyTerra plans to begin a significant drilling campaign for natural hydrogen and helium at the Nemaha project in Kansas by April 2025.,The exploration program will include airborne gravity and magnetic surveying starting March 2025 to suppo...
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