Stock market
ASX 200 gains over 1% as tech stocks jump; Bubs Australia soars 45%
May 30, 2022 12:07 PM AEST| By Priyanka PayalThe Australian share market started this week’s trade on a positive note, following strong cues from Wall Street. The benchmark index ASX 200 gained over 1% to 7,255.60 points in the initial few minutes of trade. With this gain, the benchmark.....
ASX 200 to rise, GDP data to guide market this week
May 30, 2022 07:56 AM AEST| By Ashisher. The Australian share is expected to begin the week on a strong note following a robust closing on Wall Street last Friday. while higher iron ore prices are expected to aid mining stocks. Slowing US inflation and solid finish by tech-focus...
ASX 200 closes 1.08% higher following strong lead on Wall Street
May 27, 2022 06:27 PM AEST| By Sukriti Naircretionary. Closing the week above its 20-day Moving Average (MA), the ASX 200 posted a 1.08% gain today to close at 7,182.70. The Aussie benchmark index has gained about 0.53% in the last five days, though it is still down by 3.51% on a ye...
SYR, RNU, QGL: Look at the performance of these ASX Graphite stocks
May 27, 2022 05:02 PM AEST| By Priyanka PayalHighlights Demand for Graphite is expected to grow to meet the demands of the rapidly expanding EV industry. China, Brazil, Mozambique, Russia, Madagascar, and Ukraine are the top Graphite producing countries in the world. The S&P/ASX 200 .....
GMG, LLC, DXS: How are these real estate stocks faring today on ASX?
May 27, 2022 03:04 PM AEST| By Priyanka PayalWith the global rise in construction costs, the construction sector has been facing a challenging situation since the onset of this year. After a few prominent construction companies, including Tasmanian Constructions, Probuild and Condev, collapse.....
Race Oncology (ASX:RAC) shares jump on positive Zantrene AML trial results
May 27, 2022 12:52 PM AEST| By Aditi SarkarHighlights Race Oncology has received encouraging results from the first-stage trial of Zantrene in relapsed or refractory Acute Myeloid Leukaemia. The very heavily pre-treated AML patient population has shown encouraging clinical responses. T...
ASX 200 to rise; US stocks jump on economic data
May 27, 2022 07:57 AM AEST| By AshishHighlights The Australian share market is set to end the week on a positive note. According to the latest SPI futures, the ASX 200 is likely open 69 points or 1% higher on Friday. On Wall Street, the Dow Jones surged 1.6%, the S&...
PDN, EL8: ASX shares in the spotlight as Uranium prices fall
May 26, 2022 04:37 PM AEST| By Arpit VermaHighlights Western sanctions on Russian imports have disrupted the supply chain of various key commodities. The upward momentum in uranium prices in early 2022 was driven by supply risks and higher demand prospects. Prices of uranium have drop.....
A2M, BUB, AHF, SM1: How are these dairy stocks performing on ASX today?
May 26, 2022 02:29 PM AEST| By Priyanka PayalRising inflation has now become a matter of concern for common citizens in Australia as they have to spend extra money from their pockets for groceries and other consumables, including milk and other dairy products. Thanks to the ongoing Russia-Ukr.....
Microba (ASX:MAP) seals deal with nib-backed Midnight Health for Vidality
May 26, 2022 12:08 PM AEST| By Aditi SarkarHighlights Microba Life Sciences has partnered with Midnight Health to offer Vidality, a truly personalised solution powered by its technology. nib Holdings-backed digital healthcare firm Midnight Health will be responsible for promoting,.....
ASX 200 to rise; US stocks gain after latest Fed meeting minutes
May 26, 2022 07:58 AM AEST| By AshishHighlights The Australian share market is expected to rise on Thursday. According to the latest SPI futures, the ASX 200 is likely to open 11 points or 0.15% higher. On Wall Street, the Dow Jones rose 0.6%, the S&P 500 rose 0.95%...
NVX, ALD, MNS: How did these 3 ASX EV stocks fare today?
May 25, 2022 06:59 PM AEST| By Bhawna GuptaElectric vehicles (EVs) have been at the forefront of the automobile industry's efforts to become more environmentally friendly. According to the latest annual Global Electric Vehicle Outlook report, sales of electric cars, including completely el.....
Firebrick Pharma (ASX:FRE) secures Malaysian patent for nasal spray
May 25, 2022 03:50 PM AEST| By Aditi SarkarHighlights Firebrick secures patent in Malaysia for Nasodine® Nasal Spray as a treatment and preventative for common cold Nasodine is now protected in 26 countries, with China, Singapore, Japan, and Canada on the pending list Nasodine is a.....
NCM, NST, EVN, PRU: Why are these ASX-listed gold stocks up today?
May 25, 2022 01:58 PM AEST| By Priyanka PayalHighlights The S&P/ASX All Ordinaries Gold Index (ASX:XGD) was up 2.47% at 6,533.20 points at 11:08 AM AEST today. Eight of 11 sectors traded higher today, while Materials was one of today's best performing sectors. A rise in gold prices h.....
Wall Street retreats after social media stock rout; SNAP, PINS plunge
May 25, 2022 08:33 AM AEST| By Team Kalkine MediaWall Street’s main indices closed mixed on Tuesday, May 24, after Snap Inc’s bleak forecast triggered a sector-wide selloff in social media stocks. The S&P 500 was down 0.81% to 3,941.48. The Dow Jones rose 0.15% to 31,928.62....
YAL, NHC, WOR: ASX All Ordinaries shares that hit multi-year highs yesterday
May 25, 2022 08:28 AM AEST| By Ashishns. The ASX All Ordinaries index closed down 0.28% to 7,128.20 on Tuesday. The index, considered as the benchmark for Australian equity performance, has fallen in recent weeks from a high of 7,887 on 21 April 2022 on account of broader w...
Here’s how energy prices are driving Australian Energy Index
May 24, 2022 06:48 PM AEST| By Arpit VermaHighlights The S&P/ASX 200 Energy Index (XEJ) has gained 26.60% in the last 52 weeks. Currently, XEJ stands at its multi-year resistance level, and it has been consolidating for the last one month. Market participants would be closely moni.....
URW, MGR, DXS, SCG - How are these property stocks acting?
May 24, 2022 04:01 PM AEST| By Sukriti NairHighlights Australian popular index ASX200 is down today, with 7 of 11 sectors in the red. Property sector representative index XRE is, however, slightly higher than the previous close. The ASX200 shed off the initial gains and went down a...
SYA, CXO, PLS: Why are these ASX-listed lithium stocks in news?
May 24, 2022 03:37 PM AEST| By Bhawna GuptaHighlights Lithium prices have increased by almost 400% in the last year. Lithium stocks like Sayona Mining, Core Lithium, and Pilbara Minerals have been performing well on the ASX. Despite a strong handover from Wall Street stocks, the Au.....
SQ2, CPU, WTC, XRO: Why are these ASX tech stocks trading lower today?
May 24, 2022 02:47 PM AEST| By Priyanka PayalHighlights The benchmark index ASX200 was 0.037% lower at 7146.200 points at 11:10 AM AEST today. Seven sectors were seen trading in the red in the early morning trading hours on Tuesday (24 May). The losses were led by the information technol.....
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