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Market updates
Australian Sharemarket Reaches New Heights with Sector-Wide Gains
December 03, 2024 04:27 PM AEDT| By Team Kalkine MediaHighlights,Australian sharemarket achieves an all-time high driven by health sector gains.,Key stocks in the banking and mining sectors show varied performances.,Corporate news highlights significant moves in retail and food industries.,The Australia...
Memecoin Moo Deng's Explosive Surge After Coinbase Listing Announcement
December 03, 2024 03:58 PM AEDT| By Team Kalkine MediaHighlights,Moo Deng (MOODENG) skyrockets on Coinbase listing news.,Memecoin ecosystem experiences significant ripple effects.,Liquidity challenges underline the high-risk nature of memecoin trading.,Moo Deng (MOODENG), a memecoin built on the Solana...
Western Australia Grants Priority Status to APA Group’s Decarbonisation Project
December 03, 2024 02:38 PM AEDT| By Team Kalkine MediaHighlights,APA Group's power project gains priority status in Western Australia.,Project targets energy delivery in Pilbara for,decarbonisation,efforts.,APA to collaborate with stakeholders for smooth project execution.,APA Group’s (ASX:APA) electric...
Australian Sharemarket Hits Record High; Financials Lead the Rally
December 03, 2024 12:52 PM AEDT| By Team Kalkine MediaHighlights,Australian,sharemarket,reaches a new all-time high, driven by gains in consumer-related stocks.,Financials sector outperforms, while utilities decline amid mixed performances.,Key companies like Metcash (MTS) and Westpac (WBC) see notable...
Macquarie Expands Agriculture Portfolio with Stake in Fresh Produce Group
December 03, 2024 12:27 PM AEDT| By Team Kalkine MediaHighlights,Macquarie strengthens its agricultural asset platform with a major acquisition,.,Fresh Produce Group is valued at a significant amount in the agriculture sector,.,The deal bolsters Macquarie’s global footprint in food production.,Macquarie...
Musk’s Pay Package Rejected by Court: Tesla Faces New Challenges (NASDAQ:TSLA)
December 03, 2024 11:58 AM AEDT| By Team Kalkine MediaHighlights,Tesla shares dip following court ruling on Musk's pay package,.,Judge declares $US56 billion compensation excessive,.,Company faces uncertainty as legal proceedings continue,.,Tesla (NASDAQ:TSLA) witnessed a decline in its share price by 1...
Australian Housing Market Shows Signs of Slowdown in November
December 03, 2024 11:18 AM AEDT| By Team Kalkine MediaHighlights,Housing prices in Australia grew at the slowest pace since early 2023,.,Key markets like Sydney and Melbourne saw declines in November,.,Rising property listings and economic factors are,impacting,the housing market,.,The Australian housin...
ASX Eyes New Milestones Amid Tech Rally and Market Updates
December 03, 2024 11:16 AM AEDT| By Team Kalkine MediaHighlights,ASX futures,indicate,potential for record highs after tech gains in the US.,Woolworths faces operational challenges amid ongoing strikes.,Collins Foods reports lower profits due to cautious consumer spending.,The Australian share market is...
Australian Tech Stocks Drive ASX Higher Amid Key Sector Shifts
December 02, 2024 04:32 PM AEDT| By Team Kalkine MediaHighlights,Australian sharemarket sees tech sector leading gains, supported by strong US performance.,De Grey Mining (DEG) surges after a significant acquisition announcement.,Gold miners face pressure from a stronger US dollar impacting metal prices...
Oil Prices Edge Higher Amid OPEC+ Meeting Focus and Global Developments
December 02, 2024 03:58 PM AEDT| By Team Kalkine MediaHighlights,Oil prices see a rebound driven by China’s economic recovery signals.,Traders anticipate insights from OPEC+ on production policy shifts.,Geopolitical factors and economic indicators influence market stability.,Oil prices climbed alongside...
Australian Market Faces Mixed Performance as Retail Sales Show Recovery
December 02, 2024 03:14 PM AEDT| By Team Kalkine MediaHighlights,Australian share market slows, weighed by healthcare sector.,De Grey Mining (DEG) surges on $5 billion Northern Star (NST) deal.,Retail sales show improvement, easing RBA rate cut concerns.,The Australian share market struggled to maintain...
US Markets Hit Records; ASX Set to Open Higher on Positive Momentum
December 02, 2024 02:47 PM AEDT| By Team Kalkine MediaHighlights,Dow Jones and S&P 500 achieved record highs,.,Semiconductor sector sees,strong growth,amid regulatory updates,.,ASX 200 edges closer to its all-time high,.,Global equity markets showcased strong performance as the Dow Jones Industrial Aver...
Australian Retail Sales Surge as Consumers Embrace Early Discounts
December 02, 2024 01:15 PM AEDT| By Team Kalkine MediaHighlights,Retail sales in Australia increased for the third consecutive month,.,Discretionary spending saw a boost due to early discounting and online sales,.,The Reserve Bank of Australia (RBA) holds a cautious stance on interest rates,.,Australian...
Australian Sharemarket Eyes Record High as Key Stocks Lead the Charge
December 02, 2024 12:04 PM AEDT| By Team Kalkine MediaHighlights,Australian,sharemarket,nears record highs with tech stocks leading gains,.,Retail sales in Australia rise by 0.6%, beating expectations,.,Key developments include mergers, downgrades, and mixed stock performances,.,The Australian sharemark...
Housing Construction Sees a Boost with Apartment Approvals Surge
December 02, 2024 12:01 PM AEDT| By Team Kalkine MediaHighlights,Apartment and townhouse approvals rise sharply in October,.,Total housing approvals,climb,compared to the previous month,.,Year-on-year declines in approvals end after,28 months,.,The housing sector experienced an uplift in October, driven...
Will the US Stock Market Sustain Its Momentum?
December 02, 2024 11:17 AM AEDT| By Team Kalkine MediaHighlights,The US stock market's trajectory,remains,a focal point as the year-end approaches,.,The "Magnificent Seven" mega-tech firms dominate the S&P 500's growth story,.,Broader market trends hinge on AI advancements and potential valuation shifts...
Australian Market Approaches Record Highs Amid Gold Sector Buzz
December 02, 2024 11:02 AM AEDT| By Team Kalkine MediaHighlights,The Australian share market is approaching record highs, driven by the technology sector,.,De Grey Mining (DEG) shares surged after a major acquisition bid,.,Key developments in gold mining and investment sectors gained attention.,The Aust...
ASX Value Insights November 2024 Sector Analysis
November 29, 2024 08:57 PM AEDT| By Team Kalkine MediaHighlights,Mixed Market Performance,The ASX200 settled at 8,436 points, with the Materials sector showing strength amidst broader fluctuations.,Accent Group Focus,Trading at a potential discount, Accent Group exhibits strong revenue growth despite na...
Argent BioPharma Shares Decline 43% Following LSE Delisting Announcement
November 29, 2024 08:56 PM AEDT| By Team Kalkine MediaHighlights,Argent BioPharma Ltd RGT announces plans to delist from the London Stock Exchange (LSE).,The company focuses on simplifying operations and reducing costs.,Shares drop by 43% following the delisting news.,Shares in Argent BioPharma Ltd (ASX...
Evening Wrap ASX 200 Closes Lower Despite Strong Gold and Iron Ore Stock Performance
November 29, 2024 08:30 PM AEDT| By Team Kalkine MediaHighlights,The S&P/ASX 200 closed 0.10% lower, showing resilience despite modest losses.,Gold and iron ore stocks rallied, helping respective sectors outperform.,IT sector maintained a positive streak, marking its fifth consecutive win this week.,The...
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