News
ASX 200 Set for Decline as Global Markets Navigate Mixed Signals
October 01, 2024 10:37 AM AEST| By Team Kalkine MediaHighlights:,The ASX 200 is set for a potential pullback as futures signal a 32-point decline (-0.38%), following recent rallies driven by strong commodity prices, with global markets finishing the quarter on a positive note.,The mining sector, includ...
ASX Outlook: Mixed Signals as the Final Quarter Begins
October 01, 2024 10:11 AM AEST| By Team Kalkine MediaHighlights,The ASX is projected to decline by 0.4% as the final quarter of the year begins,.,Several ASX small caps, including Walkabout Resources and Lunnon Metals, are showing promising developments,.,Global market trends,indicate,mixed performance...
Altech (ASX: ATC, FRA: A3Y) Achieves Another Milestone in Energy Storage with Successful Launch of CERENERGY® ABS60 Prototype
October 01, 2024 09:46 AM AEST| By Sonal GoyalHighlights,Altech has successfully operated its first CERENERGY® ABS60 battery prototype, exceeding early expectations.,The prototype is now tested in real-world conditions, generating crucial data for off-take partners.,Altech announced a Letter of...
Exploring Investment Opportunities: A Look at ETFs for Diversification
September 30, 2024 06:23 PM AEST| By Team Kalkine MediaHighlights,Exchange-traded funds (ETFs) provide diverse investment options for Australian share investors.,Betashares Global Quality Leaders ETF offers exposure to 150 high-quality global companies.,Betashares Global Cash Flow Kings ETF focuses on bu...
Catalina Resources (ASX:CTN) wraps up aircore drilling at Laverton Project, assays expected soon
September 30, 2024 04:21 PM AEST| By Sonal GoyalHighlights,Catalina has finalised aircore drilling at the Laverton Project,The program, covering 1,801m, aimed at testing REE and gold targets,Assay results are anticipated in almost eight weeks,Catalina Resources Ltd (ASX:CTN) has achieved a signifi...
Higher Finance Costs Dent Eagers Automotive’s (ASX: APE) Bottomline in H1FY24. Are bad days over for the company?
September 30, 2024 03:08 PM AEST| By Team Kalkine MediaHighlights,In 1HFY24, APE’s revenue grew by 13.5% YoY to AUD 5,464.2 million, driven by organic, greenfield, and acquisition contributions,APE recorded12% YoY decline in underlying operating PBT due to higher finance costs from increased inventory an...
Will Tabcorp Holdings (ASX:TAH) be able to turn the corner in FY25?
September 30, 2024 02:38 PM AEST| By Team Kalkine MediaHighlights,Tabcorp experienced a revenue decline of 3.9% in FY24 to AUD 2,338.9 million due to weak wagering market conditions.,The company reported a statutory net loss after tax of AUD 1,359.7 million.,Declining inflation, with CPI at 2.7% in Augus...
Local Markets Surge to Record Highs as Energy and Materials Stocks Propel Growth
September 30, 2024 01:26 PM AEST| By Team Kalkine MediaHighlights,ASX 200 sets a new intraday high of 8,271.90 points, driven by mining and energy gains.,Federal Treasurer Jim Chalmers announces a significant budget surplus of $15.8 billion.,Iron ore prices rise, boosting shares of key mining companies.,...
ASX Poised for Potential Record High Amid Mixed Wall Street Performance
September 30, 2024 12:35 PM AEST| By Team Kalkine MediaHighlights,The ASX is poised to reach new heights as the SPI ASX200 futures contract shows a 0.3% increase.,Major market movements include mixed results on Wall Street, with the Dow Jones hitting a record high.,Key developments in ASX small caps incl...
Recent Developments in the Australian Resource Sector
September 30, 2024 12:13 PM AEST| By Team Kalkine MediaHighlights,Australian Rare Earths boosts,Koppamurra,MRE by 27%, enhancing its market position.,Burley Minerals,acquires,Cane Bore Iron Project, tapping into Pilbara's exploration potential.,Trigg Minerals adds Wild Cattle Creek Antimony Deposit, stre...
ASX200 Expected to Rise Amid Mixed Market Conditions
September 30, 2024 11:47 AM AEST| By Team Kalkine MediaHighlights,The ASX200 is expected to rise by 0.18% as it concludes a strong month.,Pacific Smiles faces challenges with a rejected takeover bid.,Helix Resources is launching a copper exploration program despite financial setbacks.,The ASX200 is poise...
Raiden Resources (ASX:RDN, DAX:YM4) commences 5,000m drilling at Andover South, proposes director incentives
September 30, 2024 11:06 AM AEST| By Sonal GoyalHighlights,Drilling has commenced at the Andover South Lithium Project.,The maiden drilling program includes 5,000m of diamond drilling, anticipated to be completed by November 2024.,Initial drilling focuses on Target Area 1, known for highly fractio...
ASX 200 Futures Rise While US Markets Ease from Record Highs
September 30, 2024 10:18 AM AEST| By Team Kalkine MediaAs of 8:30 am AEST, ASX 200 futures indicated a positive start with a 22-point rise, marking a 0.26% increase. In contrast, major US benchmarks displayed mixed performances on Friday. Gains in sectors like Energy and Utilities were counterbalanced by...
Positive Start for ASX Amid Government Surplus
September 30, 2024 10:06 AM AEST| By Team Kalkine MediaHighlights,ASX is expected to rise, despite recent Wall Street trends.,The Australian government achieved its second consecutive budget surplus.,Global oil prices rose, and base metals surged over the past week.,The ASX is set for a strong start toda...
ASX200 Closes Higher as Miners Rally on Commodity Price Surge
September 27, 2024 05:54 PM AEST| By Team Kalkine MediaHighlights,ASX200 closed up 0.1% at 8,212 points.,Materials sector showed the strongest gains, rising 2.78%.,Health Care sector was the biggest laggard, down 1.32%.,The ASX200 ended the trading week with a slight increase, closing up 0.1% at 8,212 po...
eToro Group Expands with Acquisition of Spaceship
September 27, 2024 05:28 PM AEST| By Team Kalkine MediaHighlights,eToro,set,to,acquire,fintech firm Spaceship for up to $80 million.,Spaceship manages over $1.5 billion in client funds.,The acquisition aims to enhance,eToro's,long-term investment offerings.,eToro Group Ltd, a global trading platform, has...
Trump's Media Company Faces Uncertainty as Stock Restrictions Expire
September 27, 2024 05:25 PM AEST| By Team Kalkine MediaHighlights,Trump Media's stock lock-up period is ending soon.,Company shares have dropped significantly in value.,Trump's future actions could,impact,the company's stability.,Donald Trump, the former US president and current candidate for office, is...
ASX Market Update Iron Ore Prices Rise Amid Surge in Major Miners
September 27, 2024 04:40 PM AEST| By Team Kalkine MediaHighlights,ASX200 rises 0.05%, with materials leading gains.,Major miners surge on strong iron prices, while energy stocks dip.,Star Entertainment hits record lows after resuming trade.,The ASX200 has seen a slight uptick, rising 0.05% to reach 8,208...
China’s Latest Stimulus Boosts Commodities Market: Iron Ore and Metals Surge
September 27, 2024 02:50 PM AEST| By Team Kalkine MediaHighlights,China's latest stimulus sparks optimism in commodities.,Iron ore futures rise above US$100/tn, boosting Australian miners.,Fed rate cuts add to bullish sentiment in metals trading.,China’s economic policies have been a focal point througho...
Market Update: Star Entertainment (ASX:SGR), Endeavour Group (ASX:EDV), and Negative Gearing Developments
September 27, 2024 12:44 PM AEST| By Team Kalkine MediaThe Australian stock market saw notable fluctuations, driven by sector-specific developments and broader policy discussions. Key events include a sharp decline in Star Entertainment’s share price, leadership changes at Endeavour Group, and an admissi...
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