News
Chinese Tech Stocks Surge as Fresh Buying Leads the Rally
October 04, 2024 05:01 PM AEST| By Team Kalkine MediaHighlights,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
October 04, 2024 03:29 PM AEST| By Team Kalkine MediaHighlights,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
October 04, 2024 01:23 PM AEST| By Team Kalkine MediaHighlights,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
October 04, 2024 12:47 PM AEST| By Team Kalkine MediaHighlights,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
October 04, 2024 12:38 PM AEST| By Team Kalkine MediaHighlights:,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
October 04, 2024 12:15 PM AEST| By Team Kalkine MediaHighlights,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
October 04, 2024 11:17 AM AEST| By Team Kalkine MediaHighlights,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
October 04, 2024 11:16 AM AEST| By Team Kalkine MediaHighlights,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
October 04, 2024 10:55 AM AEST| By Team Kalkine MediaHighlights,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
October 04, 2024 10:49 AM AEST| By Team Kalkine MediaHighlights,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
October 04, 2024 09:52 AM AEST| By Team Kalkine MediaHighlights:,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
October 04, 2024 09:50 AM AEST| By Team Kalkine MediaHighlights:,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
October 03, 2024 10:02 PM AEST| By Aditi SarkarHighlights,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
October 03, 2024 07:39 PM AEST| By Team Kalkine MediaHeadlines,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
October 03, 2024 07:26 PM AEST| By Team Kalkine MediaHeadlines,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
October 03, 2024 05:52 PM AEST| By Team Kalkine MediaHighlights,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
October 03, 2024 05:30 PM AEST| By Team Kalkine MediaHighlights,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
October 03, 2024 04:54 PM AEST| By Team Kalkine MediaHighlights,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
October 03, 2024 02:15 PM AEST| By Aditi SarkarHighlights,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
October 03, 2024 01:56 PM AEST| By Team Kalkine MediaHighlights,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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