Stock market
ASX 200 opens positive, Link Administration, Blackmores lead gains
May 13, 2022 11:10 AM AEST| By AayushHighlights The benchmark ASX 200 index shot up 0.8% to 6,996.7 in the first 15 minutes of trade. US stocks ended on a mixed note on Thursday. The ASX healthcare sector is the leader so far, surging 0.9% in early trade. The Australian shar.....
WHC, VEA: Why these ASX shares scaled their multi-year highs yesterday
May 13, 2022 08:28 AM AEST| By AshishHighlights The ASX 200 has remained muted so far this week. On Thursday, the benchmark index fell 1.75% to 6,941 points. While a majority of shares listed on the ASX 200 showed weakness, there were a few notable exceptions....
ASX 200 to open flat; Dow Jones, S&P 500 close lower
May 13, 2022 07:48 AM AEST| By AshishHighlights The Australian share market is likely to open largely flat on Friday. According to the latest SPI futures, the ASX 200 is expected to open 9 points or 0.1% higher. On Wall Street, the Dow Jones was down 0.3%, the S&P 5...
AMC, REH, COH: Why were these ASX 200 stocks in news today?
May 12, 2022 07:50 PM AEST| By RitwikaHighlights The ASX 200 index closed in red today, leading to major stocks closing the day in red. Amcor is an exception as it ended in green despite both ASX 200 and XMJ ending in red today. The S&P/ASX 200 index (ASX:XJO) closed 1.751...
From PLS, SYA to CXO: Take a look at top 5 ASX lithium stocks
May 12, 2022 05:22 PM AEST| By Bhawna GuptaHighlights: Lithium is the least dense metal and solid element. Lithium is highly reactive and must be stored in a vacuum or inert atmosphere. The production and transportation of lithium are very costly. Lithium prices have risen fast as.....
RLF AgTech (ASX:RLF) cashes in on high demand, wins contracts worth $1.2M
May 12, 2022 05:14 PM AEST| By Mohammad ZaidHighlights: RLF AgTech has secured AU$1.2 million in forward annual sales contracts for FY023 from two longstanding customers. The development indicates an 80% increase in sales contracts with continued growth in demand for RLF plant nutrition .....
Race Oncology (ASX:RAC) receives RGO nod for Zantrene human trial
May 12, 2022 12:41 PM AEST| By Aditi SarkarHighlights: Race Oncology is riding high with governance approval for human trial of its new therapy Zantrene®. The cancer drug will be studied in patients with extramedullary Acute Myeloid Leukaemia (AML) or high-risk Myelodysplastic Syndr.....
ASX 200 plunges at open; oil price rally boosts energy stocks
May 12, 2022 11:20 AM AEST| By AayushHighlights The benchmark ASX 200 index was trading 0.47% to 7,031.8 in the first few minutes of trading. Wall Street's main indices closed lower in Wednesday’s volatile session, led by a sharp drop in the NASDAQ Composite. The energy sec.....
LIC, AX1, JDO: Why these ASX All Ordinaries rose sharply yesterday
May 12, 2022 08:37 AM AEST| By AshishHighlights The ASX All Ordinaries had a challenging session on Wednesday. The index closed the session up just 0.26% to 7,304.40. While a majority of shares traded weak, there were a few notable exceptions as well. The Austral...
ASX 200 to fall on US inflation concerns; Xero, CBA results today
May 12, 2022 07:55 AM AEST| By AshishHighlights The Australian share market is expected to extend its losses to Thursday. According to the latest SPI futures, the ASX 200 is likely to open 54 points or 0.8% lower. The Dow Jones fell 1%, the S&P 500 dipped 1.65%, and...
ASX 200 closes up 0.2% in volatile session
May 11, 2022 06:00 PM AEST| By SukritiHighlights In a volatile trading session, ASX 200 recovered from its morning dip to close higher for the first time this week, up 0.2% to 7064.7. Big miners rebounded strongly, health care and property sectors closed strongly higher. Investors...
PDN, ERA, BOE: How did these uranium stocks fare today on ASX?
May 11, 2022 05:31 PM AEST| By Bhawna GuptaHighlights S&P/ASX 200 Energy ended 0.125 or 12.20 points lower today at 9,945.10 points. Paladin Energy also remained in red today (May 11). The Australian share market performed well today (May 11) as the benchmark index ASX 200 clos...
Integral Diagnostics (ASX: IDX) snaps up Exact Radiology; how will it benefit IDX?
May 11, 2022 02:28 PM AEST| By Aditi SarkarHighlights: IDX will finalise the acquisition of Exact Radiology in early FY23 The acquisition includes an open purchase consideration of AU$37.5M in cash IDX gets growth prospects in South-East Queensland Medical imaging services provide.....
Should investors ‘Sell in May and go away’?
May 11, 2022 02:02 PM AEST| By AshishHighlights For some reason, global stock markets turn a mini bear market each May. According to the ‘Sell in May and go away’ saying, investors can improve their annual returns by selling stocks in May. Meanwhile, the ASX...
ASX 200 to fall after Wall Street closes mixed; oil slips again
May 11, 2022 07:53 AM AEST| By AshishHighlights The Australian share market is expected to open lower on Wednesday. According to the latest SPI futures, the ASX 200 is likely to open 7 points or 0.1% lower. On Wall Street, the Dow Jones fell 0.26%, the S&P 500 rose...
DXS, TPG, SEK: How did these ASX 50 stocks perform today?
May 10, 2022 06:57 PM AEST| By Bhawna GuptaHighlights Today, the S&P/ASX 50 Index closed 1.32% or 92.10 points lower at 6,868.70. Shares of top 50 companies like TPG also closed in red today. The S&P/ASX 50 Index is created using the S&P Dow Jones Indices market capital...
WPL, STO, VEA: Three ASX energy stocks in focus as oil prices tumble
May 10, 2022 06:52 PM AEST| By AayushHighlights ields on the Australian benchmark 10-year bond have risen above 3.5%, as of 10 May 2022. The US Fed has hiked the interest rates by 50 basis points, which spooked the markets across the globe. Based on a few surveys, the cash rate i.....
FFX, RMS, NST: A look at 3 ASX gold stocks in a fear hit share market
May 10, 2022 06:11 PM AEST| By Sukriti NairHighlights The ASX200 lost another 69.50 points, weighed down by global interest rate fears and a slump in iron and oil prices. Metal stocks suffered, with even gold miners bearing the brunt today (10 May 2022). While the Metals & Mining I.....
In third day of losses, ASX 200 closes 1% lower
May 10, 2022 05:47 PM AEST| By SukritiHighlights ASX 200 trimmed some of its early losses but still finished the day down 1% to 7.051.2. Australian retail sales rose an inflation-adjusted 1.2% from the previous quarter, as per Australian Bureau of Statistics (ABS). Investor concer.....
Why Australian bond yields are scaling new heights
May 10, 2022 05:13 PM AEST| By AayushHighlights Yields on the Australian benchmark 10-year bond have risen above 3.5%, as of 10 May 2022. The US Fed has hiked the interest rates by 50 basis points, which spooked the markets across the globe. Based on a few surveys, the cash rate .....
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