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 S&P/ASX 200 Slips as Retail Sales Data Raises Inflation Worries

S&P/ASX 200 Slips as Retail Sales Data Raises Inflation Worries

May 28, 2024 05:57 PM AEST | By Team Kalkine Media

Australian shares closed lower on Tuesday, influenced by the country's retail sales data, which hinted at elevated inflation rates. This dampened inve...

 Why These Three ASX Shares Ended Lower on Tuesday?

Why These Three ASX Shares Ended Lower on Tuesday?

May 28, 2024 05:15 PM AEST | By Team Kalkine Media

Tuesday saw a lackluster performance in the Australian stock market, as the S&P/ASX 200 closed lower, dropping 21.60 points or 0.28% to 7,766.70. Here...

 Strike Energy’s (ASX: STX) Shares Soar on Walyering gas field’s payback announcement

Strike Energy’s (ASX: STX) Shares Soar on Walyering gas field’s payb...

May 28, 2024 04:50 PM AEST | By Team Kalkine Media

Shares of Australian oil and gas explorer Strike Energy (,ASX: STX,) soared as much as 7.3% to AU$0.220, during afternoon trading hours of Tuesday. Th...

 Pro Medicus (ASX: PME) Shares Surge on $45M Contract Wins

Pro Medicus (ASX: PME) Shares Surge on $45M Contract Wins

May 28, 2024 04:25 PM AEST | By Team Kalkine Media

Shares of Pro Medicus (,ASX: PME,) surged as much as 1.26% to AU$114.67, during afternoon trading hours of Tuesday. The significant uptick in PME shar...

 Lynas Rare Earths’ (ASX: LYC) Shares Rise on Morgan Stanley's Upgraded PT

Lynas Rare Earths’ (ASX: LYC) Shares Rise on Morgan Stanley's Upgrad...

May 28, 2024 04:21 PM AEST | By Team Kalkine Media

Shares of Australia's Lynas Rare Earths (,ASX: LYC,) witnessed a notable uptick, rising as much as 0.4% to AU$6.73 on Tuesday. This surge in LYC share...

 AMP Ltd (ASX: AMP) Shares Dip Amid Surge in Superannuation Payouts Across Industry

AMP Ltd (ASX: AMP) Shares Dip Amid Surge in Superannuation Payouts A...

May 28, 2024 04:17 PM AEST | By Team Kalkine Media

Recent figures from the Australian Prudential Regulation Authority (APRA) have revealed a notable surge in superannuation benefit payments, shedding l...

 Fitch Elevates Westpac’s (ASX: WBC) Ratings, Citing Strong Capital Buffers

Fitch Elevates Westpac’s (ASX: WBC) Ratings, Citing Strong Capital B...

May 27, 2024 04:19 PM AEST | By Team Kalkine Media

In a significant development, Fitch Ratings has upgraded the credit ratings for Westpac Banking Corporation (,ASX: WBC,). The agency has raised Westpa...

 CTT, LLC and NEU: Three ASX Shares Start the Week on a High

CTT, LLC and NEU: Three ASX Shares Start the Week on a High

May 27, 2024 04:15 PM AEST | By Team Kalkine Media

The S&P/ASX 200 Index is off to a robust start this week. The benchmark index closed 0.79% up at 7,788.30 points. Several ASX shares are outperforming...

 GSS, RFG, and SMP Underperform Amid Market Gains

GSS, RFG, and SMP Underperform Amid Market Gains

May 27, 2024 04:13 PM AEST | By Team Kalkine Media

In afternoon trade, the S&P/ASX 200 Index is on track for a notable gain today. The benchmark index closed 0.79% up at 7,788.30 points. However, not a...

 Lendlease Group (ASX: LLC) Shares Surge on Strategic Overhaul

Lendlease Group (ASX: LLC) Shares Surge on Strategic Overhaul

May 27, 2024 04:03 PM AEST | By Team Kalkine Media

Shares of Lendlease Group LLC (,ASX: LLC,) experienced a significant rise today, climbing as much as 8.15% to AU$6.37 apiece. If these gains hold, it...

 BHP (ASX: BHP) Eyes Anglo American with AU$75 Billion Takeover Proposal

BHP (ASX: BHP) Eyes Anglo American with AU$75 Billion Takeover Propo...

May 27, 2024 03:56 PM AEST | By Team Kalkine Media

The BHP Group Ltd (,ASX: BHP,) share price is showing strong performance today, continuing its upward trend. On Friday, shares closed at AU$44.64, and...

 Two ASX Shares Plunge Amidst Market Turbulence

Two ASX Shares Plunge Amidst Market Turbulence

May 24, 2024 04:03 PM AEST | By Team Kalkine Media

As the trading week draws to a close, the S&P/ASX 200 Index is facing significant headwinds, with the benchmark index plummeting by around 1% to 7,728...

 APX, MYX, and PLY: Three ASX Shares Rallying Despite Market Downturn

APX, MYX, and PLY: Three ASX Shares Rallying Despite Market Downturn

May 24, 2024 03:58 PM AEST | By Team Kalkine Media

As the week draws to a close, the S&P/ASX 200 Index is grappling with a 1.07% decline, casting a shadow over the broader market sentiment. However, am...

 ASX 200 Coal Stocks Facing Uphill Battle Amidst Tax Hike Threats

ASX 200 Coal Stocks Facing Uphill Battle Amidst Tax Hike Threats

May 24, 2024 03:53 PM AEST | By Team Kalkine Media

In the ever-shifting landscape of financial markets, ASX 200 coal stocks find themselves navigating choppy waters yet again. Today, the S&P/ASX 200 In...

 Webjet Reports Positive Full-Year 2024 Results Despite EPS Miss

Webjet Reports Positive Full-Year 2024 Results Despite EPS Miss

May 24, 2024 03:45 PM AEST | By Team Kalkine Media

Webjet (,ASX: WEB,), an Australian online travel agency, has recently released its full-year 2024 financial results, showcasing impressive growth in r...

 Wesfarmers (ASX: WES) Shares Slide on Morgan Stanley Downgrade

Wesfarmers (ASX: WES) Shares Slide on Morgan Stanley Downgrade

May 24, 2024 03:22 PM AEST | By Team Kalkine Media

Shares of Wesfarmers (,ASX: WES,) took a significant hit, dropping as much as 3.63% to AU$63.90, during midday of Friday. This downturn comes in the w...

 Analysts Raise Price Targets of Xero (ASX: XRO)

Analysts Raise Price Targets of Xero (ASX: XRO)

May 24, 2024 11:21 AM AEST | By Team Kalkine Media

Shares of ASX-listed Xero (,ASX: XRO,) recovered some of their early losses after initially dropping by as much as 1.8% on Thursday. By the end of the...

 Nufarm's (ASX: NUF) Stock Performance Sparks Mixed Analyst Ratings and Target Adjustments

Nufarm's (ASX: NUF) Stock Performance Sparks Mixed Analyst Ratings a...

May 24, 2024 10:49 AM AEST | By Team Kalkine Media

Analysts at Jefferies have raised the price target for Nufarm (,ASX: NUF,) by 12% to AU$5.30, signaling optimism in the crop protection and seed techn...

 Westpac Shares Drop After Goldman Sachs Issues Sell Rating

Westpac Shares Drop After Goldman Sachs Issues Sell Rating

May 24, 2024 10:43 AM AEST | By Team Kalkine Media

Westpac Banking Corp (,ASX: WBC,) shares experienced a notable decline on Thursday, ending the day nearly 1% lower at AU$26.87. This drop follows a do...

 Brambles' (ASX: BXB) Strong Fundamentals and Insider Buys Signal Growth Potential

Brambles' (ASX: BXB) Strong Fundamentals and Insider Buys Signal Gro...

May 24, 2024 10:37 AM AEST | By Team Kalkine Media

In the investment world, the pursuit of the "next big thing" often leads investors to buy into "story stocks"—companies with captivating narratives bu...

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