The Stocks in Action || Which ASX Stocks Are The Talk Of The Town Today?

• The S&P/ASX200 is up today, gaining 33 point 8 points or point 47 per cent to 7,251 point 6 and setting a new 100-day high. The top-performing stocks in this index are WORLEY, up 7.77 per cent and IOOF HOLDINGS, up 6.39 per cent.

• Australia’s trade balance and retail sales have both risen during April. Retail sales rose 1.1 per cent in April, directly in line with economist forecasts. Retail sales were expected to be unchanged from the preliminary figure of 1.1 per cent.

• The Biden administration has warned a group of six countries, including the UK, Italy, and India, which plan to levy digital-services taxes on American tech companies, such as Facebook and Google.

• The US Treasury Department also on Wednesday renewed calls for a global consensus on a minimum corporate tax regime for companies that profit from foreign operations.

• Australia's energy stocks AXEJ gained as much as 2.9 per cent to hit a seven-week high on Thursday.  

• Fuel refiner Ampol Limited climbed 3.4 per cent, and peer Viva Energy Group gained 2 per cent 

• Index majors Oil Search Limited and Woodside Petroleum both gained around 2.7 per cent.  

• Tea-lix Pharmaceuticals announced that it has entered into a co-promotion agreement in the United States with Berlin-based Eckert & Ziegler Strahlen und Medizintechnik for the combination of EZAG’s GalliaPharm® gallium-68 generator and Telix’s investigational prostate cancer imaging product Illuccix®. 

• Shares of Hawkstone Mining soared as much as 32.1 per cent to australian point 037 dollars, their biggest intraday percentage gain since March 24 2021.  

• The Lithium and gold explorer informed investors that the Company will spin-out its gold and gold-copper projects in the US to form a separate listed company, Diablo Resources Limited. 

• Hawkstone also stated that it will now be a dedicated lithium company with its focus on the Big Sandy Lithium Project in Arizona. 

• As part of the spin-out, Hawkstone will receive 40 million vendor shares. 

• The Company also provided a major announcement that it would change it’s name to Arizona Lithium Limited.  

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK