Market updates

Qantas Chairman John Mullen Re-elected Amid Shareholder Dissent
October 25, 2024 01:04 PM AEDT | By Team Kalkine MediaHighlights,John Mullen re-elected as Qantas,chairman,despite some shareholder opposition.,Mullen addresses concerns over workload during the annual me...

WiseTech Soars Amid CEO Exit, MinRes Falls: ASX Update
October 25, 2024 11:52 AM AEDT | By Team Kalkine MediaHighlights,WiseTech,surges as CEO exit news stirs markets,MinRes,declines after board controversy,Technology sector leads the ASX gains,Australian sha...

Accolade and Pernod Ricard Merge to Strengthen Wine Business
October 25, 2024 11:14 AM AEDT | By Team Kalkine MediaHighlights,Bain Capital consortium confirms Accolade Wines and Pernod Ricard merger.,Australian regulators approve the merger, enhancing market compet...

ASX Stays Flat as Banks Boost Financials, Tech Drags on Market
October 24, 2024 04:25 PM AEDT | By Team Kalkine MediaHighlights,ASX200 closes slightly lower after tech sector weighs on the market.,Banking sector provides support, offsetting losses in tech stocks.,Sma...

Resilient Growth and Market Potential for ASX Retailers
October 24, 2024 03:52 PM AEDT | By Team Kalkine MediaHighlights,Amotiv,positioned as a resilient player in the automotive sector,Temple & Webster shows,strong growth,in the homewares segment,Paragon Care...

Hyperion Dominates Software Sector, Takes Top Spot in Mercer’s Equit...
October 24, 2024 02:52 PM AEDT | By Team Kalkine MediaHighlights,Hyperion's Australian Growth Fund leads with strong returns.,Key holdings include software companies like WiseTech and Xero.,ECP Asset Mana...

Singapore to Offer 30-Year Licences for Low-Carbon Energy Projects
October 24, 2024 02:19 PM AEDT | By Team Kalkine MediaHighlights,Singapore grants long-term,licences,for low-carbon energy imports.,Companies can recover upfront investments over 30 years.,Projects span a...

Australian Shares Fall Amid Interest Rate Concerns and Banking Flexi...
October 24, 2024 01:10 PM AEDT | By Team Kalkine MediaHighlights,Australian shares follow Wall Street's downward trend,Banking Association suggests flexibility in home loan buffer,Interest rate concerns i...

ASX Rebounds Despite Disappointments from Fortescue, Newmont, and Re...
October 24, 2024 12:40 PM AEDT | By Team Kalkine MediaHighlights,ASX rises despite earlier declines in major stocks.,Commonwealth Bank supports recovery with gains.,Newmont, Fortescue, and Reece face setb...

Tesla Adds $80 Billion in Market Value After Exceeding Profit Expect...
October 24, 2024 12:35 PM AEDT | By Team Kalkine MediaHighlights,Tesla added $80 billion to its market value after Q3 results.,Company reported growth in profit but slight revenue miss.,Tesla continues in...

Top Performing Australian Equity Funds Lead Mercer Rankings
October 24, 2024 11:28 AM AEDT | By Team Kalkine MediaHighlights,Hyperion's Australian Growth Fund leads Mercer survey for three- and 12-month performance.,ECP Asset Management closely,follows with,its Al...

ASX Gains as Traders Adjust to Market Volatility: Gold Hits Record H...
October 23, 2024 04:41 PM AEDT | By Team Kalkine MediaHighlights,ASX rebounds slightly after previous session's losses.,Supermarkets and gold miners show strong performance.,Several key stocks face turbul...

Gold Hits Record High Amid Geopolitical Tensions
October 23, 2024 04:19 PM AEDT | By Team Kalkine MediaHighlights,Gold reaches an all-time high amid rising global tensions.,Precious metals, including silver, experience upward momentum.,The US bond marke...

Goldman Sachs Adjusts Outlook on Indian Equities Amid Slowing Growth
October 23, 2024 03:56 PM AEDT | By Team Kalkine MediaHighlights,Indian equity outlook has been adjusted to neutral from overweight.,Slowing economic growth is affecting corporate earnings.,High valuation...

IMF Raises Concerns Over Australia’s Inflation Outlook Amid Global U...
October 23, 2024 03:44 PM AEDT | By Team Kalkine MediaHighlights,Australia’s inflation forecast for 2025 has been raised to 3.6%.,IMF report warns of potential global trade tensions and economic risks.,Au...

Bitcoin Traders Brace for Regulatory Shift Amid Potential Trump Pres...
October 23, 2024 03:23 PM AEDT | By Team Kalkine MediaHighlights,Bitcoin gains momentum amid US political shifts.,Traders eye potential regulatory changes under Trump's possible return.,Rising demand for...

Supermarkets and Gold Miners Lift ASX Despite Pressure on Tech Stock...
October 23, 2024 02:32 PM AEDT | By Team Kalkine MediaHighlights,Supermarket giants lead gains, lifting ASX slightly higher.,Gold miners edge up as metal prices stabilize near record highs.,WiseTech conti...

Australia's Inflation Woes and the Property Dilemma
October 23, 2024 02:18 PM AEDT | By Team Kalkine MediaHighlights,Inflation remains a key concern for Australia's economy.,Property prices and construction demand are driving inflation.,Companies in the co...

Australian Shares Edge Higher as Supermarkets Gain; WiseTech Faces M...
October 23, 2024 01:26 PM AEDT | By Team Kalkine MediaHighlights,Australian stocks show slight recovery, led by supermarket gains.,WiseTech,extends its retreat amid leadership controversies.,QBE Insurance...

Stocks of the Hour: Eastern Metals, Adisyn, Trigg Minerals
October 23, 2024 12:44 PM AEDT | By Team Kalkine MediaHighlights:,**Eastern Metals (,ASX:EMS,)** reports promising initial drilling results at the Cobar Project, driving a 66.67% surge in share price.,**A...