Market updates
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East West Engineering Joins Forces with Arbor Permanent Owners to Strengthen Legacy
January 13, 2025 02:32 PM AEDT| By Team Kalkine MediaHighlights,East West Engineering’s sale marks a key milestone for Arbor Permanent Owners' investment model.,Arbor adopts a unique permanent capital approach, focusing on long-term, sustainable growth.,East West Engineering offers innovative material...

Geopolitical Uncertainty and Business Concerns: What's Keeping Australian Executives Up at Night?
January 13, 2025 02:31 PM AEDT| By Team Kalkine MediaHighlights,Geopolitical tensions and societal issues are top concerns for Australian business leaders.,Cost management and innovation are key priorities as challenges continue to mount.,Housing affordability, particularly for young Australians, tops...

Govt Invests $3B to Complete NBN, Boost Connectivity
January 13, 2025 02:26 PM AEDT| By Team Kalkine MediaHighlights,Government's,$3 billion,investment will extend,National,Broadband Network (NBN) to 622,000 more premises by 2030.,Economic growth forecasted at $10.4 billion over the next decade from the upgrades.,Albanese emphasizes the network's importa...

ASX Faces Pressure: Big Banks and Tech Stocks Weigh on Market Performance
January 13, 2025 02:24 PM AEDT| By Team Kalkine MediaHighlights,ASX 200 drops over 1% amid declines in tech and banking sectors.,Premier Investments (PMV) and NRW Holdings (NWH) lead losses across the ASX 200.,Energy and uranium sectors see growth driven by rising oil and uranium prices.,The Australian...

ASX Dips Amid Weakness in Banks and Tech, Insignia (ASX: IGL) Gains
January 13, 2025 01:03 PM AEDT| By Team Kalkine MediaHighlights,Australian markets follow Wall Street's lead as strong US job data pressures interest rate expectations.,Financial and technology stocks weigh down ASX performance.,Insignia (IGL) gains as the company receives a takeover offer.,The Austral...

Australian Stock Market Slips; Myer Shares Tumble 16%
January 13, 2025 11:11 AM AEDT| By Team Kalkine MediaHighlights,Australian stock market drops amid global rate concerns.,Myer (MYR) shares,fall,nearly 16%,after,market,update.,Energy sector rises as oil prices hit a three-month high.,The Australian share market faced a sharp decline on Monday as global...

ASX 200 Futures Slide as Strong US Jobs Data Pushes Back Rate Cut Expectations
January 13, 2025 11:08 AM AEDT| By Team Kalkine MediaHighlights:,ASX 200 futures,indicate,a 71-point drop (-0.86%), reflecting global market turmoil following robust US jobs data.,US Treasury yields surged, with the 10-year yield reaching its highest level since October 2023,,impacting,rate-sensitive s...

Spotlight on Jurisdiction: Finland’s Promising Critical Mineral Potential
January 12, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Finland continues to expand its role as a major hub for cobalt mining and refining in Europe.,Latitude 66 advances exploration efforts at the Kuusamo Schist Belt project.,Kingsrose Mining and Nordic Resources expand mineral exploration in...

Market Decline as Westpac Downgraded and Star Entertainment Struggles
January 10, 2025 02:59 PM AEDT| By Team Kalkine MediaHighlights,The ASX market sees a decline, led by financials.,Iron ore price rise boosts mining stocks despite overall losses.,Westpac (WBC) faces a downgrade, while Star Entertainment (SGR) faces major challenges.,On Friday, Australian stocks faced a...

Australian Stock Market Faces Setback; Banks and Biotech Weigh on the ASX Despite Mining Gains
January 10, 2025 01:31 PM AEDT| By Team Kalkine MediaHighlights,Australian stock market faces pressure as banks struggle and inflation concerns ease.,Commodities lead growth as miners perform well, particularly iron ore.,Star Entertainment (SGR) sees steep losses as its future hangs in the balance.,On...

ASX Rises as Sectors Show Strength, but Aussie Dollar Hits Two-Year Low
January 10, 2025 11:44 AM AEDT| By Team Kalkine MediaHIghlights,ASX 200 gains 0.16% in early trading, advancing steadily.,Australian dollar hits a two-year low amid weak retail sales data.,Key sectors perform positively, led by materials and industrials.,The Australian stock market demonstrated resilie...

Australian Shares Volatile as Iron Ore Gains Fail to Provide Strong Momentum
January 10, 2025 11:32 AM AEDT| By Team Kalkine MediaHighlights,Australian market,remains,volatile despite iron ore gains.,Mining stocks supported by iron ore price increase.,Star Entertainment faces continued pressure and potential challenges ahead.,The Australian stock market experienced fluctuations...

ASX 200 Futures Edge Higher Amid Commodity Gains
January 10, 2025 11:08 AM AEDT| By Team Kalkine MediaHighlights:,US Market Observance,: US markets remained closed to honour former President Jimmy Carter, with no fresh session data available.,Commodity Momentum,: Gold, copper, and oil prices strengthened, providing a positive outlook for resource-dri...

Are soaring bauxite prices going to remain high?
January 10, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Bauxite prices have risen due to supply chain disruptions and growing demand from key markets.,ASX-listed companies involved in bauxite production and exploration are benefiting from the market shift.,Increased activity in exploration and...

ASX 200 Edges Lower Amid Declines in Lovisa and Star Entertainment, Gold Stocks Provide Stability
January 09, 2025 06:21 PM AEDT| By Team Kalkine MediaHighlights,ASX 200 Marginally Down,: The S&P/ASX 200 finished 0.24% lower, recovering from steeper losses earlier in the session.,Sector Movements,: Lovisa (LOV) and Star Entertainment Group (SGR) experienced significant declines, while gold stocks o...

ASX Retreats Amid Profit-Taking and Mixed Economic Data
January 09, 2025 05:03 PM AEDT| By Team Kalkine MediaHighlights,ASX ends a five-day rally, led by losses across industrial stocks.,Retail sales growth underwhelms expectations, adding to cautious sentiment.,Star Entertainment (SGR) suffers a dramatic plunge, losing a third of its value.,The Australian...

ASX Faces Challenges as Consumer Spending Concerns and Corporate Warnings Impact the Market
January 09, 2025 03:12 PM AEDT| By Team Kalkine MediaHighlights,ASX experiences a 0.4% drop, led by significant sell-offs in energy and industrial sectors.,Consumer spending data raises doubts about immediate interest rate cuts.,Star Entertainment (SGR) experiences a dramatic 25.6% plunge amidst liquid...

Why Caution Still Reigns for Investors Eyeing ASX Mining Stocks in 2025
January 09, 2025 03:08 PM AEDT| By Team Kalkine MediaHighlights,Mining stocks face subdued global growth and weak commodity prices.,Australia’s miners continue to struggle after a rough 2024.,Economic challenges point to tough conditions ahead for the sector.,After a challenging 2024, many investors ar...

Bond Traders Stay Firm on February Rate Cut Expectations Amid Weaker Retail Sales
January 09, 2025 01:50 PM AEDT| By Team Kalkine MediaHighlights,Bond traders continue to price in a 66% probability of a rate cut in February.,November retail sales growth fell short of expectations, raising recession concerns.,Analysts forecast slower underlying consumption growth moving forward.,Bond...

China's Core Inflation Gains Momentum: Policy Support Steadies the Economy
January 09, 2025 01:45 PM AEDT| By Team Kalkine MediaHighlights,Core inflation rises 0.4%, signaling the impact of policy measures.,Headline inflation drops to a nine-month low,,mainly due,to weather volatility.,Experts warn that the economic support from stimulus measures may be temporary.,In December...

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