The Stocks in Action | Why these ASX stocks are talk of the town today?

The S&P/ASX200 is lower today, dropping 33 point 1 points or point 46 per cent to 7,128 point 50 after setting a new 52-week high. The bottom performing stocks in this index are NEARMAP down 4 point 18 per cent and BLACKMORES down 4 point 09 per cent. Over the last five days, the index is virtually unchanged, but is currently 1.04 per cent below its 52-week high. 

Head of International Statistics at the ABS, Andrew Tom-a-dini said that Australia's record Current Account this quarter came on the back of strong commodity prices, particularly iron ore. Metal ores and mineral exports reached its highest value on record, $48.2 billion in March quarter 2021.   House prices generally increased by 2.2 percent through May, according to CoreLogic data, as the roaring boom in home sales extended. 

Values were up by more than 1% across every capital city over the month, with both house and unit values lifting across the board. Of the 334 SA3 sub-regions analysed by CoreLogic, 97% have recorded a lift in housing values over the past three months. The primary purpose is to enable a two-way flow of knowledge, information and collaborative research for unlocking a new generation of mineral discoveries in the Northern Cape Province. 

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