News
Black Canyon (ASX: BCA) Sees Manganese Concentrate Grade Reach 35% in New Testwork
September 25, 2024 11:38 AM AEST| By Sonal GoyalHighlights,Stage 2 heavy liquid separation (HLS) testwork upgraded manganese content from 30% Mn to 35% Mn.,The upgraded product shows promise as a feedstock for high-purity manganese sulphate (HPMSM) and for alloy smelters.,This latest testwork buil...
ASX200 Expected to Open Higher Amid CPI Data Release
September 25, 2024 11:16 AM AEST| By Team Kalkine MediaThe ASX200 is poised for a modest rise of approximately 0.25% as indicated by market futures at 8:30 AM AEST. Investors are closely monitoring the upcoming release of the monthly Consumer Price Index (CPI) inflation data from the Australian Bureau of...
Australian and New Zealand Dollars Surge as Sterling Hits Two-Year High on Weak U.S. Dollar
September 25, 2024 11:15 AM AEST| By Team Kalkine MediaOn Wednesday, both the Australian dollar (AUD) and the New Zealand dollar (NZD) reached multi-month highs, propelled by a robust stimulus package from China aimed at rejuvenating its economy. The AUD climbed to $0.6907, marking its highest point sinc...
Premier Investments (ASX:PMV) Share Price Declines Following FY24 Results
September 25, 2024 11:09 AM AEST| By Team Kalkine MediaThe share price of Premier Investments Limited (ASX: PMV) is currently attracting attention following the release of its FY24 financial results. This retail conglomerate owns several well-known brands, including Smiggle, Peter Alexander, Just Jeans,...
Spotlight on BHP Group Ltd and Xero Ltd: Key Insights for Investors
September 25, 2024 10:50 AM AEST| By Team Kalkine MediaThe performance of ASX stocks can provide valuable insights for investors looking to optimize their portfolios. Notably, BHP Group Ltd has seen its share price decline by 18.6% since the beginning of 2024, while Xero Ltd is just 2.3% shy of its 52-we...
ASX 200 Expected to Climb Amid Global Market Gains and China Stimulus Boosts Mining Stocks
September 25, 2024 09:54 AM AEST| By Team Kalkine MediaThe ASX 200 futures point to a positive start, up by 25 points or 0.30%, as of 8:30 am AEST. This follows a strong rally in global markets, with the S&P 500 and Dow Jones Industrial Average reaching new record highs. Driving much of this momentum was...
Viridis Mining and Minerals Ltd Achieves Significant Milestone at Colossus Project
September 24, 2024 06:00 PM AEST| By Team Kalkine MediaViridis Mining and Minerals Ltd (ASX: VMM) has announced the successful production of its maiden mixed rare earth carbonate (MREC) product from the Colossus project in Brazil, boasting impressive recoveries and high grades of critical rare earth elem...
Morning Brief: Key Insights Ahead of the ASX Opening
September 24, 2024 05:29 PM AEST| By Team Kalkine MediaThursday, September 24, 2024—a significant date in the annals of Wall Street. This day marks the anniversary of a notorious event in financial history: the failed attempt to corner the U.S. gold market, which resulted in economic upheaval and is ofte...
Fed Hints at More Rate Cuts, Gold Soars, RBA Decision in Focus
September 24, 2024 05:21 PM AEST| By Team Kalkine MediaThe ASX is anticipated to experience a slight decline at the opening on Tuesday, following Wall Street's gains as investors analyze comments from U.S. policymakers. At 8 AM AEST, the SPI ASX200 futures contract indicated a decrease of 0.1%.,Overnight...
Morning Briefing: Top 10 Headlines on Defence Contracts, Exploration, and Online Retail
September 24, 2024 05:20 PM AEST| By Team Kalkine MediaWelcome to Stockhead’s Top 10 at shortly-before-11, highlighting the most notable performers among ASX stocks in morning trade. This update aims to provide a concise overview of the biggest movers based on live data, focusing on those that have made...
Pilbara Minerals Ltd (ASX: PLS) Faces Share Price Decline Amid Market Fluctuations
September 24, 2024 05:15 PM AEST| By Team Kalkine MediaThe share price of Pilbara Minerals Ltd (ASX: PLS) has decreased by 26.9% since the beginning of 2024, highlighting the challenges facing this prominent lithium producer. Meanwhile, the ASX Ltd (ASX: ASX) share price remains 16.7% above its 52-week l...
Australian Copper Industry Embarks on a New Era Prioritizing Scale
September 24, 2024 05:14 PM AEST| By Team Kalkine MediaThe phrase "grade is king" has long been synonymous with Australian copper deposits, highlighting a longstanding perspective within the industry. Despite Australia's robust reputation in the metals market—especially with iron ore, gold, and lithium—i...
Neuren (ASX:NEU) targets over 50% growth in FY24 commercial revenue from DAYBUE in North America
September 24, 2024 03:46 PM AEST| By Team Kalkine MediaHighlights,Neuren Pharmaceuticals is an ASX-listed company, engaged in developing new drug therapies for neurological disorders,In 1HFY24, NEU’s group income fell by 50%, while royalty income increased by nearly 600%,Milford Asset Management Ltd. has...
RBA Keeps Cash Rate Steady at 4.35%, Maintains Hawkish Stance
September 24, 2024 03:23 PM AEST| By Team Kalkine MediaThe Reserve Bank of Australia (RBA) has decided to maintain the cash rate at 4.35% for the seventh consecutive time, following its meeting on Tuesday. This decision comes amid a continued hawkish tone from the RBA governor, as the central bank focuse...
Four US ETFs with Nearly 20% Returns in Past Year
September 24, 2024 03:07 PM AEST| By Team KalkineHighlights,Unlike mutual funds, ETFs trade throughout the day, reflecting real-time asset values.,AAM S&P 500 High Dividend Value ETF targets major US companies with dividend yields.,Invesco S&P 500 Momentum ETF delivered an impressive 54.41% return...
Light & Wonder Shares Decline Following Legal Setback Against Aristocrat Leisure
September 24, 2024 02:30 PM AEST| By Team Kalkine MediaLight & Wonder Inc. (NASDAQ:LNW) saw its stock price drop significantly, falling by as much as 21% after the company disclosed that it had lost a legal battle with Aristocrat Leisure Limited (ASX:ALL). The dispute centers on a dragon-themed game in t...
Oil Prices Rise Following China's Comprehensive Economic Support Measures
September 24, 2024 02:21 PM AEST| By Team Kalkine MediaOil prices have experienced a significant rise after Chinese authorities announced a broad policy package aimed at supporting economic growth. This development occurs amid heightened tensions in the Middle East, following a major Israeli strike on He...
Iron Ore Prices Surge Following China’s Rate Cuts
September 24, 2024 02:18 PM AEST| By Team Kalkine MediaIron ore prices have experienced a notable rally following the announcement of several policy-easing measures by the People’s Bank of China (PBoC). During a press conference on Tuesday, the central bank outlined its plans to stimulate the economy, a...
Australian Dollar Strengthens Following China’s Stimulus Announcement
September 24, 2024 02:16 PM AEST| By Team Kalkine MediaThe Australian dollar (AUD) has experienced a notable increase after Chinese authorities announced a series of stimulus measures aimed at boosting lending and revitalizing their economy. Investors have shifted their focus to these developments, as we...
China Introduces PBoC Funding to Support Stock Purchases Amid Economic Stimulus Measures
September 24, 2024 01:35 PM AEST| By Team Kalkine MediaChina,has announced a significant new initiative allowing funds and brokers to access the People’s Bank of China (PBoC) funding for purchasing stocks. This decision is part of a broader series of measures aimed at bolstering the economy and enhancing...
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