The show guages the pulse of the market and trends that emerge by mid-day, along with providing the commodity and crypto charter, besides market gainers/losers. Watch The Mid-Market Pulse on Kalkine TV and stay updated.
• In a fresh COVID update, NSW has reported sharp decline in new cases in the past 24 hours.
• PayPal has launched a fee-free instalment payments product in Australia to take on the country’s home-grown BNPL players.
• Among gold mining stocks, Newcrest Mining, Evolution Mining, Ramelius, and Gold Road traded higher after Powell’s comments.
• Health care firm Polynovo was the top percentage loser on the ASX, falling nearly a staggering 6 per cent.
• Car parts manufacturer ARB Corp was top performer on ASX with nearly 9 per cent gain.
• Shares of Sydney Airport fell as much as 1.9 per cent after the company rejected an AU$22.26 billion takeover proposal.
• Shares of Woodside Petroleum fell over 1 per cent to AU$22.96 despite strong earnings. The company reported a 67 per cent rise in sales revenue for the second quarter, helped by higher realised prices for natural gas and oil as global demand recovers .
• The share price of software firm Schrole Group rose nearly 8 per cent to 1.4 cents. The company released its product Schrole Connect 3.0.
• Shares of biotechnology firm Actinogen Medical climbed nearly 9 per cent to 12.5 cents on enrolling patient for XanaMIA trial.