Market updates

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....

Morning Briefing: Top 10 Headlines on Defence Contracts, Exploration...
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 pr...

Pilbara Minerals Ltd (ASX: PLS) Faces Share Price Decline Amid Marke...
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 promine...

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. Desp...

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....

Light & Wonder Statement on Dragon Train Litigation
September 24, 2024 03:11 PM AEST | By Business WireReaffirms 2025 $1.4 Billion Targeted Consolidated AEBITDA(1) LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (together with...

Light & Wonder Shares Decline Following Legal Setback Against Aristo...
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 lega...

Oil Prices Rise Following China's Comprehensive Economic Support Mea...
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 de...

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). Du...

Australian Dollar Strengthens Following China’s Stimulus Announcemen...
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 len...

China Introduces PBoC Funding to Support Stock Purchases Amid Econom...
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....

Australian Payments Plus and Thoughtworks Join Forces to Accelerate...
September 24, 2024 01:00 PM AEST | By Business WireSYDNEY--(BUSINESS WIRE)--Thoughtworks (NASDAQ: TWKS), a global technology consultancy that integrates strategy, design and engineering, joined Austral...

China Launches Comprehensive Stimulus Package to Boost Economic Grow...
September 24, 2024 12:47 PM AEST | By Team Kalkine MediaIn a significant move to invigorate its economy,,China’s,central bank has initiated a comprehensive stimulus package aimed at achieving the annual gro...

Oil Prices Rise Amid Israeli Strikes on Lebanon and Economic Uncerta...
September 24, 2024 12:28 PM AEST | By Team Kalkine MediaOil prices edged higher following recent Israeli airstrikes on Lebanon that have escalated tensions in the region and raised fears of a potential full...

ASX Rises Ahead of RBA Decision; Cettire Unveils Audited Financials
September 24, 2024 12:26 PM AEST | By Team Kalkine MediaAustralian shares opened slightly higher, following a positive session on Wall Street, as investors digested comments from U.S. policymakers regarding...

Gold Reaches Record High Amid Federal Reserve Signals and Economic U...
September 24, 2024 12:25 PM AEST | By Team Kalkine MediaGold prices soared to a new all-time high as traders reacted to recent economic data and statements from U.S. Federal Reserve officials, while awaitin...
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Oil Prices Ease Amid Hopes for Iran-Israel De-escalation and Weak De...
September 24, 2024 12:24 PM AEST | By Team Kalkine MediaOil prices retreated due to a combination of factors, including a weak outlook for fuel demand and the potential for a de-escalation of tensions betwe...

Lowered Fair Value Estimates for Mining Companies Amid Weakening Com...
September 24, 2024 11:48 AM AEST | By Team Kalkine MediaRecent assessments have indicated a notable decline in fair value estimates for several mining companies due to a general downturn in commodity prices...

FMG and Hub24 Ltd: Two ASX Shares Worth Exploring
September 24, 2024 11:46 AM AEST | By Team Kalkine MediaThe share price of Fortescue Metals Group Ltd has experienced a significant decline of 39.8% since the beginning of 2024, while HUB24 Ltd has seen its...

Former Regal Fund Managers to Launch New Healthcare Investment Fund
September 24, 2024 11:38 AM AEST | By Team Kalkine MediaTwo former portfolio managers from Regal Funds Management are set to establish a new long/short healthcare fund targeting companies in Australia and A...