Stock market
What’s ailing ASX media giants - NEC, NWS, OML, and others
June 07, 2022 09:15 AM AEST| By Sukriti NairHighlights Recession seems to be the biggest fear gripping investors this year. Top Australian media houses have lost around AU$8 billion and 20-30% of their market valuation this year. Let’s see what’s ailing ASX media giants lik.....
ASX to skid lower as market awaits RBA’s rate decision
June 07, 2022 08:46 AM AEST| By Sukriti NairAustralian shares are predicted to slip further below today as the Reserve Bank meets in the afternoon to discuss interest rates again. It is anticipated that the Federal Reserve will raise the interest rates to tackle the ‘worst inflation in.....
Weighed by tech stocks, ASX 200 closes 0.5% lower
June 06, 2022 06:21 PM AEST| By SukritiHighlights At market close, ASX 200 fell 0.5%, or 32.5 points, to 7206.3. While the market was weighed down by losses in the technology sector, energy sector was the strongest performer. Equities in Asian markets make a sluggish start to the w.....
BRN, CXO, LKE, NHC: These stocks to be included in ASX 200 index from 20 June
June 06, 2022 06:13 PM AEST| By RitwikaHighlights BRN, CXO, LKE and NHC performed exceptionally well in the past one year on the ASX These companies have also delivered substantial earnings growth All the above stocks have gained investors’ attention after the news of S&P.....
AVL, NMT, TMT: How are these ASX vanadium stocks performing?
June 06, 2022 04:53 PM AEST| By Bhawna GuptaHighlights Vanadium is generally used to make stronger and more heat resistant steel. Most of the vanadium stocks traded in red today. This is in line with ASX 200 Materials Index, which was also down. Vanadium is a ductile metal that is .....
STO, BPT, WHC: Why these energy shares are on a roll this year?
June 06, 2022 04:46 PM AEST| By Priyanka PayalThe energy sector is the best performing sector on the ASX today. The S&P/ASX 200 Energy (Sector) XEJ was up over 1.5% in the afternoon trade outperforming the broader ASX 200 benchmark, which was down over 0.40% at the time of drafting this ar.....
Clarity Pharmaceuticals’ (ASX:CU6) new milestone: FDA approves imaging trial
June 06, 2022 04:23 PM AEST| By Aditi SarkarHighlights Clarity Pharmaceuticals (ASX:CU6) has marked a major leap related to the development of SAR-Bombesin product. The US FDA approval allows the product evaluation as an imaging agent in prostate cancer patients that are PSMA-negative. .....
ASX200 to open lower amid global recessionary expectations
June 06, 2022 09:06 AM AEST| By Sukriti NairHighlights ASX200 is expected to start the second week of June on a lower note. Investors speculate a pause in US Fed’s rate hikes in September. Oil prices are strong while the gold prices remain lower. Australian shares are expecte.....
ASX200 to open lower amid global recessionary expectations
June 06, 2022 08:45 AM AEST| By Sukriti NairAustralian shares are likely to open a tad lower on Monday, impacted by a fall on Wall Street. This decline was witnessed when a 'remarkably strong' US job report smashed hopes of a softer pace of Federal Reserve interest rate increases. Also, t...
Materials, tech stocks help ASX 200 register 3rd straight weekly gains
June 03, 2022 06:49 PM AEST| By Sukriti NairHighlights ASX 200 rose 0.9% to finish the week 0.8% higher buoyed by Technology and Material stocks The ASX 200 index opened on a positive note, rising over 1% in opening trade, but as trade progressed, gains faded Investors remain cautious a.....
NCM, EVN, NST: Look at performance of these 3 ASX gold stocks
June 03, 2022 05:22 PM AEST| By Bhawna GuptaHighlights Materials was the best performing sector today, gaining over 2.60% and 3.81% for the past five days. ASX All Ordinaries Gold (AXGD) was also 2.13% up at 6,356.70 points. Gold stocks like Newcrest Mining and Evolution Mining also per.....
NVX, ALD, MNS: 3 ASX-listed EV stocks to watch out for in June 2022
June 03, 2022 03:06 PM AEST| By Bhawna GuptaElectric vehicle (EV) stocks may be worth considering now in the stock market today as the demand for EVs are rapidly increasing. There are two major potential tailwinds for electric vehicle firms, in general, to keep an eye on right now. To begin.....
Audeara (ASX:AUA) shares gain nearly 10% on reseller agreement
June 03, 2022 12:30 PM AEST| By Aditi SarkarHighlights Audeara has entered its second-largest audiology network relationship. The reseller agreement with Specsavers will make Audeara’s products available at 238 current locations offering audiology services. Australian audiology cl.....
ARB, BKW, ADH: These ASX 300 shares hit their 52-week lows yesterday
June 03, 2022 08:52 AM AEST| By Ashish8%. The Australian market has seen an increased uncertainty in the past few months on account of rise in inflation and interest rates. As a result, both tech and non-tech shares have faced challenges, with many hitting their lowest prices in t...
ASX 200 to rise; Rio Tinto, BHP in focus as iron ore prices soar
June 03, 2022 07:56 AM AEST| By AshishHighlights The Australian share market is poised to end the week on a positive note. According to the latest SPI futures, the ASX 200 is likely to open 80 points or 1.1% higher. On Wall Street, the Dow Jones rose 1.3%, the S&P 50...
SYA, CXO, AKE, PLS: How did these lithium stocks perform today on ASX?
June 02, 2022 05:45 PM AEST| By Bhawna GuptaHighlights With the surge in demand for EV batteries, investors are of the view that lithium prices would continue to rise. The lithium stocks plummeted after Argentina opted to end suspected unfair pricing practices by exporters. Argentina's .....
NVX, RNU, SYR: ASX-listed Graphite stocks to watch out in June 2022
June 02, 2022 05:31 PM AEST| By Priyanka PayalHighlights Graphite stocks have been on investors' watchlists for a while now. Today, the Australian equities were trading lower as the benchmark index ASX 200 was down 0.988% at 7162.500 points at 2:08 PM AEST. The S&P/ASX 200 Materials (.....
XRO, WTC, CPU: How are these ASX-listed tech stocks performing?
June 02, 2022 04:54 PM AEST| By RitwikaThe S&P/ASX200 Information Technology sector is one of the worst-performing sectors on the ASX today. The S&P/ASX200 Information Technology sector (ASX:XIJ) closed 2.465% lower at 1444.00 on the ASX today (2 June). This article focuses on .....
PRL, HZR, PH2: How are these green hydrogen stocks faring at ASX?
June 02, 2022 02:59 PM AEST| By Bhawna GuptaHighlights Hydrogen is being evaluated as a viable fuel for future energy demands. The Labor government is also committed to promoting a green economy, including hydrogen as a key component. The present hydrogen market is estimated to be worth.....
Why is EDU Holdings (ASX:EDU) share price powering ahead today?
June 02, 2022 01:09 PM AEST| By Aditi SarkarShares of EDU Holdings Limited (ASX: EDU) soared over 14% midday on 2 June 2022 after the company announced a new acquisition update. To expedite its strategic entry into the nurse training market, the company has entered into an agreement f.....
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