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 Chinese Tech Stocks Surge as Fresh Buying Leads the Rally

Chinese Tech Stocks Surge as Fresh Buying Leads the Rally

October 04, 2024 05:01 PM AEST| By Team Kalkine Media

Highlights,Chinese tech stocks surge after stimulus measures.,Fresh buying drives the rally, not short covering.,Hang Seng Tech Index jumps over 45% in under four weeks.,Chinese tech stocks have seen a remarkable surge following the country's announc...

 Middle East Tensions Set to End ASX’s Three-Week Rally

Middle East Tensions Set to End ASX’s Three-Week Rally

October 04, 2024 03:29 PM AEST| By Team Kalkine Media

Highlights,ASX set to break its three-week winning streak amid Middle East tensions.,Oil prices rise, boosting energy stocks like Woodside and Santos.,Mining sector drops as Chinese stimulus effects wane.,The Australian share market is on course to s...

 Petrol Prices at Risk as Middle East Tensions Shake Oil Markets

Petrol Prices at Risk as Middle East Tensions Shake Oil Markets

October 04, 2024 01:23 PM AEST| By Team Kalkine Media

Highlights,Middle East tensions stir oil markets and fuel price concerns.,Israeli strike on Iranian oil facilities being discussed.,Petrol prices in Sydney at a two-year low, but could rise.,The potential for escalating conflict in the Middle East ha...

 UBS Predicts ASX to Hit 8500 Points by Mid-2025

UBS Predicts ASX to Hit 8500 Points by Mid-2025

October 04, 2024 12:47 PM AEST| By Team Kalkine Media

Highlights,UBS expects ASX to reach 8500 points by mid-2025.,Earnings upgrades and rate cuts seen as key drivers.,Dexus, REA Group, and Newmont highlighted as,benefiting,stocks.,UBS has forecasted a strong rise for the ASX, projecting it to reach 850...

 ASX 200 Index Declines 1.1%: Energy Sector Shows Resilience Amid Geopolitical Concerns

ASX 200 Index Declines 1.1%: Energy Sector Shows Resilience Amid Geopolitical Concerns

October 04, 2024 12:38 PM AEST| By Team Kalkine Media

Highlights:,The,S&P/ASX 200,index fell by 1.09%, with 10 out of 11 sectors down, driven primarily by weakness in Materials.,Energy,was the only sector to post gains, with,Ampol Ltd (ASX:ALD),leading the performance.,Mineral Resources Ltd (ASX:MIN,) w...

 China's Stock Rally Faces Potential Downturn, Warns Nomura

China's Stock Rally Faces Potential Downturn, Warns Nomura

October 04, 2024 12:15 PM AEST| By Team Kalkine Media

Highlights,China's stock rally faces potential risks of a downturn.,Economic vulnerabilities include the housing crisis and government debt.,Nomura warns of,possible capital,flight and yuan depreciation.,After a recent surge in China’s stock market,...

 Mark Zuckerberg Overtakes Jeff Bezos as World’s Second-Richest Person

Mark Zuckerberg Overtakes Jeff Bezos as World’s Second-Richest Person

October 04, 2024 11:17 AM AEST| By Team Kalkine Media

Highlights,Zuckerberg becomes the world's second-richest person, overtaking Bezos.,Meta's stock surge contributes to Zuckerberg's growing fortune.,Zuckerberg's wealth boosted by AI investments and metaverse projects.,Mark Zuckerberg, the co-founder a...

 Platina Resources (ASX:PGM) reports promising gold zones at Challa Project

Platina Resources (ASX:PGM) reports promising gold zones at Challa Project

October 04, 2024 11:16 AM AEST| By Team Kalkine Media

Highlights,Second phase aircore drilling at the Challa Gold project has identified two new gold mineralised zones.,The drilling results indicate the presence of significant faults or shear zones in the area.,Platina plans further drilling up-dip and...

 Australian Shares Expected to Fall Amid Middle East Tensions and Rising Oil Prices

Australian Shares Expected to Fall Amid Middle East Tensions and Rising Oil Prices

October 04, 2024 10:55 AM AEST| By Team Kalkine Media

Highlights,Australian shares set to drop amid Middle East tensions.,Oil prices surge as market eyes potential Iran retaliation.,Key U.S. jobs report expected to,impact,Federal Reserve decisions.,Australian shares are poised for a drop, following a do...

 Australian Shares Fall as Oil Stocks Rise Amid Middle East Tensions

Australian Shares Fall as Oil Stocks Rise Amid Middle East Tensions

October 04, 2024 10:49 AM AEST| By Team Kalkine Media

Highlights,Australian shares dip as oil stocks rise amid Middle East tensions.,Energy stocks gain while most ASX sectors fall, led by mining.,Woodside reports a fatality at its Texas site, investigation underway.,Australian shares opened lower today,...

 Australian Markets Expected to Open Lower Amid Geopolitical Concerns and Awaiting US Jobs Data

Australian Markets Expected to Open Lower Amid Geopolitical Concerns and Awaiting US Jobs Data

October 04, 2024 09:52 AM AEST| By Team Kalkine Media

Highlights:,Geopolitical tensions,in the Middle East and a potential retaliatory strike on Iranian oil assets have driven oil prices higher, impacting global markets and inflation expectations.,US jobs data,set for release may influence the Federal R...

 ASX 200 Set to Fall as S&P 500 Slips and Oil Prices Surge Amid Middle East Tensions

ASX 200 Set to Fall as S&P 500 Slips and Oil Prices Surge Amid Middle East Tensions

October 04, 2024 09:50 AM AEST| By Team Kalkine Media

Highlights:,ASX 200 futures indicate a drop of 27 points (-0.32%) as US markets close lower, led by volatile trading and a late-session recovery.,Oil prices surge by 4% due to Middle East tensions, with speculation surrounding potential Israeli strik...

 Tempest Minerals (ASX:TEM) Accelerates Exploration Efforts at Yalgoo and Five Wheels

Tempest Minerals (ASX:TEM) Accelerates Exploration Efforts at Yalgoo and Five Wheels

October 03, 2024 10:02 PM AEST| By Aditi Sarkar

Highlights,The current drilling program at the Yalgoo project involves about 5,000m of RC drilling, targeting the central region of the Remorse target.,Tempest has launched a detailed fieldwork program at the Five Wheels project.,The company plans a...

 ASX 200 Sees Slight Rise on Thursday

ASX 200 Sees Slight Rise on Thursday

October 03, 2024 07:39 PM AEST| By Team Kalkine Media

Headlines,ASX 200 finishes Thursday with a modest gain.,Top performers include Mesoblast, Dexus, and Fletcher Building.,Appen, EML Payments, and Pilbara Minerals saw declines.,The,ASX 200,experienced a modest rise on Thursday, closing with a slight u...

 ASX 200 Gains Amid Property Sector Optimism

ASX 200 Gains Amid Property Sector Optimism

October 03, 2024 07:26 PM AEST| By Team Kalkine Media

Headlines,ASX 200,edges higher with a focus on the property sector,Real Estate Investment Trusts lead gains following major broker target hikes,Uranium and copper sectors remain steady with a long-term outlook,The S&P/ASX 200 closed slightly higher,...

 UNSW Develops Eco-Friendly Battery Using Food Waste and Coffee Grounds

UNSW Develops Eco-Friendly Battery Using Food Waste and Coffee Grounds

October 03, 2024 05:52 PM AEST| By Team Kalkine Media

Highlights,UNSW develops a lithium-ion battery using food-based acids for cheaper and eco-friendly energy storage.,The new battery chemistry offers a solution to both battery demand and food waste management.,Coffee grounds show promise for improving...

 ASX Rises as Horizon Minerals and Island Pharmaceuticals Lead Gains

ASX Rises as Horizon Minerals and Island Pharmaceuticals Lead Gains

October 03, 2024 05:30 PM AEST| By Team Kalkine Media

Highlights,ASX lifts 0.1% as investors stay cautious amid Middle East tensions.,Horizon Minerals rises 2.13% after first ore mined at Boorara Gold Project.,Island Pharmaceuticals jumps nearly 40% following successful clinical trial dosing.,The ASX en...

 ASX200 Rises as Real Estate Gains while Infinity Mining and Westpac Drop

ASX200 Rises as Real Estate Gains while Infinity Mining and Westpac Drop

October 03, 2024 04:54 PM AEST| By Team Kalkine Media

Highlights,ASX200 rises by 0.10%, led by gains in Real Estate, which is up 1.15%.,Infinity Mining fell 18% following the acquisition of a copper project.,Westpac declined 1% after announcing the sale of auto finance loans.,The ASX200 index has posted...

 Surefire Resources (ASX:SRN) Eyes Copper Discovery with Maiden Drilling at Phat Boy

Surefire Resources (ASX:SRN) Eyes Copper Discovery with Maiden Drilling at Phat Boy

October 03, 2024 02:15 PM AEST| By Aditi Sarkar

Highlights,Surefire Resources plans a maiden drilling program at the Phat Boy Copper prospect.,The project shows promising signs of native copper and potential sulphide mineralisation.,Initial drilling will focus on four target areas, reaching depths...

 ASX Slips Amid Middle East Tensions and Sector Adjustments

ASX Slips Amid Middle East Tensions and Sector Adjustments

October 03, 2024 01:56 PM AEST| By Team Kalkine Media

Highlights,ASX dips slightly as market navigates geopolitical tensions.,Lithium and energy stocks face,pullback,after recent rallies.,Key updates from companies including Chariot Corporation and Lumos Diagnostics.,The ASX saw a slight decline of 0.04...

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