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Market Decline as Westpac Downgraded and Star Entertainment Struggles
January 10, 2025 02:59 PM AEDT| By Team Kalkine MediaHighlights,The ASX market sees a decline, led by financials.,Iron ore price rise boosts mining stocks despite overall losses.,Westpac (WBC) faces a downgrade, while Star Entertainment (SGR) faces major challenges.,On Friday, Australian stocks faced a...
Australian Stock Market Faces Setback; Banks and Biotech Weigh on the ASX Despite Mining Gains
January 10, 2025 01:31 PM AEDT| By Team Kalkine MediaHighlights,Australian stock market faces pressure as banks struggle and inflation concerns ease.,Commodities lead growth as miners perform well, particularly iron ore.,Star Entertainment (SGR) sees steep losses as its future hangs in the balance.,On...
Radiopharm Theranostics (ASX:RAD, NASDAQ:RADX) Announces US$5Mn Private Placement with Lantheus Holdings
January 10, 2025 11:56 AM AEDT| By Team Kalkine MediaHighlights,Radiopharm secured US$5M (AU$8M) through a private share placement with Lantheus Holdings.,Under the placement,133 million shares issued at AU$0.060 per share, a 150% premium to the last traded price.,Lantheus becomes Radiopharm’s largest...
ASX Rises as Sectors Show Strength, but Aussie Dollar Hits Two-Year Low
January 10, 2025 11:44 AM AEDT| By Team Kalkine MediaHIghlights,ASX 200 gains 0.16% in early trading, advancing steadily.,Australian dollar hits a two-year low amid weak retail sales data.,Key sectors perform positively, led by materials and industrials.,The Australian stock market demonstrated resilie...
Australian Shares Volatile as Iron Ore Gains Fail to Provide Strong Momentum
January 10, 2025 11:32 AM AEDT| By Team Kalkine MediaHighlights,Australian market,remains,volatile despite iron ore gains.,Mining stocks supported by iron ore price increase.,Star Entertainment faces continued pressure and potential challenges ahead.,The Australian stock market experienced fluctuations...
ASX 200 Futures Edge Higher Amid Commodity Gains
January 10, 2025 11:08 AM AEDT| By Team Kalkine MediaHighlights:,US Market Observance,: US markets remained closed to honour former President Jimmy Carter, with no fresh session data available.,Commodity Momentum,: Gold, copper, and oil prices strengthened, providing a positive outlook for resource-dri...
Are soaring bauxite prices going to remain high?
January 10, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Bauxite prices have risen due to supply chain disruptions and growing demand from key markets.,ASX-listed companies involved in bauxite production and exploration are benefiting from the market shift.,Increased activity in exploration and...
ASX Seesaws as Mining Outperforms and Dollar Weakens
January 10, 2025 02:50 AM AEDT| By Team Kalkine MediaHeadlines,ASX struggles during midday despite strength in mining.,Goldman Sachs raises caution over potential challenges ahead.,Aussie dollar hits a fresh low amidst economic concerns.,The ASX experienced a mixed trading session on Friday, with fluct...
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ASX Declines as Banking Sector Faces Pressure, Mining Stocks Shine
January 10, 2025 02:35 AM AEDT| By Team Kalkine MediaHeadlines,ASX slips amid banking sector struggles,Mining and gold stocks offer some stability,US economic data may influence global rates,The Australian share market experienced a decline for the second consecutive day, with the S&P/ASX 200 index clo...
ASX 200 Edges Lower Amid Declines in Lovisa and Star Entertainment, Gold Stocks Provide Stability
January 09, 2025 06:21 PM AEDT| By Team Kalkine MediaHighlights,ASX 200 Marginally Down,: The S&P/ASX 200 finished 0.24% lower, recovering from steeper losses earlier in the session.,Sector Movements,: Lovisa (LOV) and Star Entertainment Group (SGR) experienced significant declines, while gold stocks o...
FTX Refutes Claims About Backpack’s Acquisition of Its European Arm
January 09, 2025 06:15 PM AEDT| By Team Kalkine MediaHighlights,FTX states no court approval for Backpack’s acquisition of FTX EU.,Backpack is not authorized to manage creditor repayments.,FTX clarifies legal complexities surrounding its bankruptcy process.,FTX Trading Ltd., a bankrupt cryptocurrency e...
Ethereum Poised for Spotlight as Analysts Discuss Spot ETF Potential
January 09, 2025 06:03 PM AEDT| By Team Kalkine MediaHighlights,Ethereum is the only cryptocurrency besides Bitcoin gaining traction for spot ETFs.,Analysts predict a potential surge for altcoins by 2025.,Policy developments may solidify altcoins' legitimacy.,Ethereum's unique position as the only majo...
Bitcoin Whales Make Strategic Moves: Over $3.2 Billion BTC Accumulated Amid Market Recovery
January 09, 2025 05:53 PM AEDT| By Team Kalkine MediaHighlights,34,000 BTC accumulated by large holders since December's price correction.,Institutional investors capitalize on price drops below $95,000.,Optimistic outlook driven by shrinking sell-side liquidity and adoption trends.,Institutional inves...
ASX Retreats Amid Profit-Taking and Mixed Economic Data
January 09, 2025 05:03 PM AEDT| By Team Kalkine MediaHighlights,ASX ends a five-day rally, led by losses across industrial stocks.,Retail sales growth underwhelms expectations, adding to cautious sentiment.,Star Entertainment (SGR) suffers a dramatic plunge, losing a third of its value.,The Australian...
ASX Faces Challenges as Consumer Spending Concerns and Corporate Warnings Impact the Market
January 09, 2025 03:12 PM AEDT| By Team Kalkine MediaHighlights,ASX experiences a 0.4% drop, led by significant sell-offs in energy and industrial sectors.,Consumer spending data raises doubts about immediate interest rate cuts.,Star Entertainment (SGR) experiences a dramatic 25.6% plunge amidst liquid...
VRX Silica (ASX:VRX) Shares Soar on Key Environmental Milestone for Arrowsmith North Project
January 09, 2025 03:10 PM AEDT| By Sonal GoyalHighlights,The Environmental Protection Authority (EPA) of Western Australia has published the assessment report for the Arrowsmith North Project.,The report recommends the implementation of the project development proposal, subject to specified cond...
Why Caution Still Reigns for Investors Eyeing ASX Mining Stocks in 2025
January 09, 2025 03:08 PM AEDT| By Team Kalkine MediaHighlights,Mining stocks face subdued global growth and weak commodity prices.,Australia’s miners continue to struggle after a rough 2024.,Economic challenges point to tough conditions ahead for the sector.,After a challenging 2024, many investors ar...
Ripple’s Monica Long Predicts XRP ETF and RLUSD Expansion to Revolutionize the Market in 2025
January 09, 2025 02:50 PM AEDT| By Team Kalkine MediaHighlights,Ripple’s RLUSD set to hit more exchanges soon.,XRP ETF launch likely in 2025 alongside other altcoin ETFs.,Ripple sees continued growth in its payment solutions.,Ripple’s President, Monica Long, shared exciting news that Ripple’s stablecoi...
Why Bitcoin (BTC) and Major Cryptos Are Facing a Tough Time Ahead of Key Economic Reports
January 09, 2025 02:29 PM AEDT| By Team Kalkine MediaHighlights,Bitcoin (BTC) drops significantly, along with key altcoins.,Key economic reports on employment and interest rates causing market uncertainty.,A possible rebound on the horizon, with altcoins showing strength.,Cryptocurrency markets are fac...
Dutch Student Arrested in Major Crypto Scam, Highlighting Growing Risks in Bull Market
January 09, 2025 02:24 PM AEDT| By Team Kalkine MediaHighlights,A Dutch law student is arrested for allegedly defrauding investors out of €4.5 million.,The scam targeted 300 victims through a Ponzi scheme involving cryptocurrency.,Rising crypto scams fueled by the bull market raise serious concerns for...
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