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Stocks
Dimerix Begins Phase 3 Recruitment for Kidney Disease Study in Mexico
September 12, 2024 11:15 AM AEST| By Team Kalkine MediaDimerix Limited (ASX:DXB) has announced the commencement of patient recruitment for its ‘ACTION3’ Phase 3 clinical trial. This significant milestone involves enrolling adolescent patients aged 12 to 17 with kidney disease in Mexico. The selection of...
Brickworks (ASX:BKW) Shares Plunge 3.2% Amid AU$82 Million Impairment Charge
September 12, 2024 11:12 AM AEST| By Team Kalkine MediaShares of Brickworks Limited (ASX:BKW) dropped by as much as 3.2% to A$25.22 on Thursday, marking their lowest level since December 13, 2023. This decline represents the stock's most significant intraday percentage fall since August 13. The sharp dro...
NIB (ASX:NHF) Shares Underperform Amid CEO Transition: What Investors Need to Know
September 12, 2024 11:09 AM AEST| By Team Kalkine MediaNIB Holdings Limited (ASX:NHF) is facing a challenging day on the stock market, with its share price underperforming as the broader ASX 200 index gains 0.65%. As of Thursday morning, NIB’s shares are trading flat, reflecting investor concerns followi...
Sun Silver Ltd (ASX:SS1) Confirms High-Grade Extension at Maverick Springs with Impressive Drill Results
September 12, 2024 11:02 AM AEST| By Team Kalkine MediaSun Silver Ltd (ASX:SS1) has recently confirmed a significant high-grade extension at its Maverick Springs silver-gold project located in Nevada. The company’s initial drilling program has produced remarkable results, bolstering confidence in the ext...
Nine Entertainment CEO Steps Down Amid Strategic Transition on Ex-Dividend Day
September 12, 2024 10:23 AM AEST| By Team Kalkine MediaHighlights:,Nine Entertainment (ASX: NEC) CEO Mike,Sneesby,is stepping down as part of a strategic transformation, with CFO Matt Stanton stepping in as interim leader.,The CEO's departure coincides with Nine’s ex-dividend day, potentially impacting s...
Lithium Stocks Soar After Chinese Giant Halts Major Mine Operations
September 11, 2024 08:01 PM AEST| By Team Kalkine MediaPilbara Minerals,(ASX: PLS),experienced a significant surge in its stock on Wednesday, with shares rising as much as 17% in early trading. This marked its best performance since March 2023, following important news from China, as reported by UBS’ Chi...
Hub24 Ltd (ASX: HUB) and ResMed CDI (ASX: RMD) Stock to Watch
September 11, 2024 05:13 PM AEST| By Team Kalkine MediaThe Australian share market has seen significant movements with Hub24 Ltd and ResMed CDI making headlines. As a standout,ASX growth stock,, Hub24 Ltd has experienced a remarkable 55.9% increase in its share price since the start of 2024, reflecting i...
Lithium Stocks Surge as Short Sellers React to Mine Closure
September 11, 2024 04:09 PM AEST| By Team Kalkine MediaHedge funds targeting,ASX-listed lithium stocks,are rushing to adjust their aggressive short positions after reports surfaced that Chinese electric vehicle battery maker CATL suspended two of its mines. This news has sent shares of Pilbara Minerals L...
ASX Market Update: Banks Decline as Lithium Stocks Surge
September 11, 2024 03:59 PM AEST| By Team Kalkine MediaThe Australian share market experienced a decline in afternoon trade, with losses in the banking and tech sectors offset by a strong performance from lithium producers.,As of 2:17 PM, the benchmark S&P/ASX 200 was down 24.8 points, or 0.3%, trading a...
An In-Depth Look at Xero (XRO) Shares
September 11, 2024 03:41 PM AEST| By Team Kalkine MediaThe Xero Ltd share price has surged 25.5% since the start of 2024. Investors are showing strong interest in this cloud-based accounting software company. Let’s dive into what makes Xero an attractive option for many in the,ASX tech sector,.,Xero’s Gr...
REA Group (ASX: REA) Share Price Falls After Rightmove Offer Rejection
September 11, 2024 03:40 PM AEST| By Team Kalkine MediaThe REA Group Ltd share price has declined by 2% following the rejection of its takeover offer for UK-based property portal Rightmove Plc. REA Group, the company behind realestate.com.au, made a bid to acquire Rightmove, but the proposal was turned d...
Examining the CBA (ASX: CBA) Share Price at Over $140
September 11, 2024 03:30 PM AEST| By Team Kalkine MediaThe Commonwealth Bank of Australia,(ASX: CBA),share price has been trading above $140, marking a significant rally for the ASX 200 bank stock. Investors have seen impressive gains from the bank’s shares, with a 26% rise this year and a 40% increase o...
Three ASX Shares Struggle as S&P/ASX 200 Index Declines
September 11, 2024 03:08 PM AEST| By Team Kalkine MediaThe S&P/ASX 200 Index has slipped into negative territory on Wednesday, giving back its early gains and falling 0.3% to 7,988.5 points in afternoon trade. Several ASX shares are experiencing notable declines, with some companies seeing substantial dr...
Why is everyone talking about Mineral Resources (ASX:MIN)?
September 11, 2024 03:06 PM AEST| By Team Kalkine MediaShares of Australia's Mineral Resources (ASX:MIN) surged as much as 22.1% to AU$36.98 on Tuesday, marking their largest intraday percentage gain since November 22, 2018. The jump came after the company announced a major sale and outlined plans for op...
NEXTDC (ASX:NXT) Shares Drop After Announcing AU$750 Million Capital Raising
September 11, 2024 03:02 PM AEST| By Team Kalkine MediaShares of Australian data center operator NEXTDC (ASX:NXT) fell as much as 4.3% to AU$17.075 on Wednesday, marking their biggest intraday decline since August 28. The drop followed the company's announcement of a major capital raising initiative, cau...
Australian Lithium Miners Soar as CATL Suspends Lepidolite Production
September 11, 2024 03:00 PM AEST| By Team Kalkine MediaShares in Australian lithium miners, including Pilbara Minerals (ASX:PLS) and Mineral Resources (ASX:MIN), surged over 10% on Wednesday, driven by reports of production suspensions at Chinese EV battery giant CATL's lepidolite mines. The news boosted...
Mineral Resources (ASX:MIN) Shares Surge on Foreign Investment Approval and Cost-Saving Plans
September 11, 2024 02:57 PM AEST| By Team Kalkine MediaShares of Australia's Mineral Resources (ASX:MIN) soared by as much as 22.1% to AU$36.98 during trading on Tuesday, marking their largest intraday percentage gain since November 22, 2018. The stock's sharp rise followed positive developments surround...
Regal Funds Management Reduces Stake in Bowen Coking Coal as Stock Surges
September 11, 2024 02:20 PM AEST| By Team Kalkine MediaBowen Coking Coal Ltd has experienced a remarkable 53% surge in its share price today, trading at 1¢. This sharp increase comes amidst a notable sell-down by Regal Funds Management, which has reduced its stake in the company. This move has caught the...
Rea Group Ltd (ASX: REA) and BHP Group Ltd (ASX: BHP) Share Prices to Watch
September 11, 2024 02:11 PM AEST| By Team Kalkine MediaIn 2024, the share price of REA Group Ltd has increased by 10.3%, demonstrating strong performance amid the broader market. Meanwhile, BHP Group Ltd is currently 24.0% away from its 52-week high. Understanding the dynamics of these two,ASX value stoc...
NextDC Dragging Tech Stocks into the Red: What’s Behind the Decline?
September 11, 2024 01:50 PM AEST| By Team Kalkine MediaOn Wednesday afternoon, data center operator NextDC Ltd,(ASX: NXT),is significantly impacting the technology sector, causing a broader decline among tech stocks. The company's latest financial maneuver has led to a noticeable drop in its share price,...
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