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Stocks
TPG Telecom (ASX:TPG) Shares Drop Amidst Competitive Concerns
September 02, 2024 02:45 PM AEST| By Team Kalkine MediaShares of Australia's TPG Telecom Ltd (ASX:TPG) have experienced a significant decline, falling as much as 3.6% to AU$4.78 in recent trading. This drop marks the company's worst intraday trading session since August 1, highlighting increasing investo...
Webjet Ltd (ASX:WEB) Shares Drop Following Macquarie’s Downgrade
September 02, 2024 02:42 PM AEST| By Team Kalkine MediaShares of Australian travel company Webjet Ltd (ASX:WEB) experienced a notable decline in early trading on [specific date], falling by as much as 0.9% to AU$7.78. This drop follows a previous intra-day high where the stock had risen as much as 1% to...
August Earnings Season Highlights: Blue-Chip Dominance Amid Sluggish Small Caps
September 02, 2024 02:19 PM AEST| By Team Kalkine MediaIn August, Australia's largest companies showcased their resilience and market strength, as they effectively navigated the challenging economic landscape. Investors have responded favorably, particularly to,ASXblue-chip stocks,, reflecting their supe...
ASX Shares Defy Market Trend: Appen, Cettire, and DroneShield Shine Amid Broader Decline
September 02, 2024 02:05 PM AEST| By Team Kalkine MediaAs the Australian stock market begins the week with a slight dip, the S&P/ASX 200 Index is down by 0.2%, settling at 8,074.4 points. Despite this overall decline, several ASX-listed shares are making notable gains, showcasing resilience and positive...
Downer EDI (ASX:DOW) Shares Surge to New High Following Strong Earnings Report
September 02, 2024 02:03 PM AEST| By Team Kalkine MediaShares of ASX-listed Downer EDI (ASX:DOW) surged by as much as 5.1% on Monday, reaching AU$5.88, their highest price since May 2022. This uptick follows the company's release of its fiscal year 2024 (FY24) earnings report, which exceeded market expec...
Australian Gold Sub-Index Hits Low as Inflation Data Impacts Market
September 02, 2024 01:59 PM AEST| By Team Kalkine MediaIn a notable market movement, the Australian gold sub-index was designated as .AXGD, experienced a significant dip of up to 3% on Monday, marking its most substantial intraday percentage loss since August 8. This decline brings the sub-index to its l...
Coast Entertainment (ASX: CCE) Shares Decline After Incident at Dreamworld
September 02, 2024 01:27 PM AEST| By Team Kalkine MediaShares in Coast Entertainment Ltd,(ASX: CEH),, the operator of the popular Dreamworld theme park on the Gold Coast, have experienced a notable decline this afternoon following reports of a serious incident involving a tiger mauling.,According to repo...
Xero Ltd (ASX:XRO) Share Price for Those Interested in ASX Shares
September 02, 2024 01:16 PM AEST| By Team Kalkine MediaAs investors look for promising opportunities on the ASX, two companies that have captured significant attention are Xero Ltd and Woolworths Group Ltd. Both companies are influential in their respective sectors—technology and retail—each demonstratin...
Australian Shares Slide as Miners and Energy Stocks Drag Down Market
September 02, 2024 01:14 PM AEST| By Team Kalkine MediaAustralian shares traded lower on Monday, primarily impacted by declines in the mining and energy sectors. The S&P/ASX 200 index (.AXJO) was down nearly 0.4% at 8,062.90 points as of 0055 GMT, with the majority of sectors in the red. This follows a 0...
Star Entertainment (ASX:SGR) Shares Suspended Amid Corporate Culture Report Fallout
September 02, 2024 01:12 PM AEST| By Team Kalkine MediaShares of Star Entertainment (ASX:SGR), a prominent Australian casino operator, have been suspended from trading due to the company’s failure to lodge its financial results by the stipulated deadline, according to a statement from the Australian bour...
REA Group (ASX:REA) Shares Drop 6% Amid Reports of Potential Rightmove Acquisition
September 02, 2024 01:09 PM AEST| By Team Kalkine MediaShares of REA Group (ASX:REA) dropped by as much as 5.9% to AU$206.01 on Monday, marking the largest intraday decline since December 20, 2022. This fall comes as the real estate firm contemplates a potential acquisition of London-listed Rightmove (RM...
Macquarie Downgrades Harvey Norman's (ASX:HVN) Price Target Amid Economic Concerns and New Zealand Weakness
September 02, 2024 01:05 PM AEST| By Team Kalkine MediaShares of Harvey Norman (ASX:HVN) in Australia fell by 1.1% to AU$4.53 on early trading hours of Monday, marking their lowest level since August 9. Macquarie analysts have adjusted their price target for the furniture and electronics retailer, reduci...
ASX Ltd and Wesfarmers Ltd (ASX: WES) Shares to Monitor
September 02, 2024 01:01 PM AEST| By Team Kalkine MediaThe start of 2024 has seen notable movements in the ASX Ltd (ASX: ASX) and Wesfarmers Ltd (ASX: WES) share prices, reflecting broader market trends and company-specific developments.,ASX Ltd (ASX: ASX) Performance,The ASX Ltd share price has experien...
Tartana Minerals Achieves Significant Milestone with Recent 150-Tonne Shipment of Copper Sulphate to Northern Territory
September 02, 2024 11:59 AM AEST| By Team Kalkine MediaTartana Minerals (ASX:TAT) has experienced a notable 7% increase in its share price during Monday's morning trades, following the announcement of a substantial 150-tonne shipment of copper sulphate. This shipment underscores the company's growing pre...
Bass Oil Ltd (ASX:BAS) Achieves Notable Results at Kiwi-1 Well
September 02, 2024 11:41 AM AEST| By Team Kalkine MediaBass Oil Ltd (ASX:BAS), a notable small-cap oil producer, has reported promising outcomes from its Extended Production Test (EPT) at the Kiwi-1 well, located in South Australia's Cooper Basin. The test results have exceeded initial expectations, part...
Lotus Resources Ltd (ASX: LOT) Trading Halted for Major Announcement
September 02, 2024 11:34 AM AEST| By Team Kalkine MediaShares in Lotus Resources Ltd,(ASX: LOT),have been temporarily suspended from trading as the company prepares to disclose a significant development. The trading halt, which was implemented before market open, comes in anticipation of an important ann...
REA Group (ASX: REA) Considers Acquisition of Rightmove: A Strategic Move for Global Expansion
September 02, 2024 11:26 AM AEST| By Team Kalkine MediaREA Group (ASX: REA), Australia's leading property technology firm, is exploring the possibility of acquiring Rightmove, the UK’s dominant property portal. This potential move could significantly expand REA's international footprint and enhance its g...
ASX Suspends Star Entertainment for Missing Financial Report Deadline
September 02, 2024 11:24 AM AEST| By Team Kalkine MediaShares of Star Entertainment Group Ltd,(ASX: SGR),will not be trading this morning following a suspension by the Australian Securities Exchange (ASX). The trading halt is a result of the company’s failure to submit its financial report on time last w...
Emyria (ASX:EMD) Sees 10% Surge on Promising Interim Results for MDMA-Assisted Therapy in PTSD Treatment
September 02, 2024 11:05 AM AEST| By Team Kalkine MediaOn Monday, shares of Emyria (ASX:EMD) experienced a notable 9.4% increase, reaching 3.5 cents per share, following the announcement of positive interim results from their MDMA-assisted psychotherapy trials for PTSD patients.,The interim data revealed...
Collaboration in a Green Steel Future: Magnum and Saudi Partners
September 02, 2024 10:51 AM AEST| By Team Kalkine MediaMagnum Mining and Exploration Ltd (ASX: MGU) is at the forefront of a transformative initiative in the steel industry, focusing on the Buena Vista Magnetite Project and the HIsmelt Green Pig Iron Project in Saudi Arabia. This collaboration exemplifie...
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