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Market updates
ASX 200 Futures Rise While US Markets Ease from Record Highs
September 30, 2024 10:18 AM AEST| By Team Kalkine MediaAs of 8:30 am AEST, ASX 200 futures indicated a positive start with a 22-point rise, marking a 0.26% increase. In contrast, major US benchmarks displayed mixed performances on Friday. Gains in sectors like Energy and Utilities were counterbalanced by...
Positive Start for ASX Amid Government Surplus
September 30, 2024 10:06 AM AEST| By Team Kalkine MediaHighlights,ASX is expected to rise, despite recent Wall Street trends.,The Australian government achieved its second consecutive budget surplus.,Global oil prices rose, and base metals surged over the past week.,The ASX is set for a strong start toda...
ASX200 Closes Higher as Miners Rally on Commodity Price Surge
September 27, 2024 05:54 PM AEST| By Team Kalkine MediaHighlights,ASX200 closed up 0.1% at 8,212 points.,Materials sector showed the strongest gains, rising 2.78%.,Health Care sector was the biggest laggard, down 1.32%.,The ASX200 ended the trading week with a slight increase, closing up 0.1% at 8,212 po...
eToro Group Expands with Acquisition of Spaceship
September 27, 2024 05:28 PM AEST| By Team Kalkine MediaHighlights,eToro,set,to,acquire,fintech firm Spaceship for up to $80 million.,Spaceship manages over $1.5 billion in client funds.,The acquisition aims to enhance,eToro's,long-term investment offerings.,eToro Group Ltd, a global trading platform, has...
Trump's Media Company Faces Uncertainty as Stock Restrictions Expire
September 27, 2024 05:25 PM AEST| By Team Kalkine MediaHighlights,Trump Media's stock lock-up period is ending soon.,Company shares have dropped significantly in value.,Trump's future actions could,impact,the company's stability.,Donald Trump, the former US president and current candidate for office, is...
ASX Market Update Iron Ore Prices Rise Amid Surge in Major Miners
September 27, 2024 04:40 PM AEST| By Team Kalkine MediaHighlights,ASX200 rises 0.05%, with materials leading gains.,Major miners surge on strong iron prices, while energy stocks dip.,Star Entertainment hits record lows after resuming trade.,The ASX200 has seen a slight uptick, rising 0.05% to reach 8,208...
China’s Latest Stimulus Boosts Commodities Market: Iron Ore and Metals Surge
September 27, 2024 02:50 PM AEST| By Team Kalkine MediaHighlights,China's latest stimulus sparks optimism in commodities.,Iron ore futures rise above US$100/tn, boosting Australian miners.,Fed rate cuts add to bullish sentiment in metals trading.,China’s economic policies have been a focal point througho...
Elepay Clears ASIC Audit, Strengthening Commitment to Compliance and Customer Protection
September 27, 2024 02:07 PM AEST| By Business WireBRISBANE, Australia--(BUSINESS WIRE)--Elepay, Australia’s leading Pay Later service for property owners, has successfully completed a comprehensive review by an independent expert following an Austral...
Market Update: Star Entertainment (ASX:SGR), Endeavour Group (ASX:EDV), and Negative Gearing Developments
September 27, 2024 12:44 PM AEST| By Team Kalkine MediaThe Australian stock market saw notable fluctuations, driven by sector-specific developments and broader policy discussions. Key events include a sharp decline in Star Entertainment’s share price, leadership changes at Endeavour Group, and an admissi...
Oil Prices Decline Amid Market Shifts and Geopolitical Tensions
September 27, 2024 12:39 PM AEST| By Team Kalkine MediaHighlights,Oil prices hit a two-week low as Saudi Arabia signals a shift in production strategy.,Australian oil stocks face pressure following declines in crude prices.,Commodities such as gold, silver, and copper react positively to China's stimulus...
Australian Shares Experience Modest Gains Amid Mining Sector Rally
September 27, 2024 12:20 PM AEST| By Team Kalkine MediaHighlights,The S&P/ASX 200 index rises, driven by gains in the mining sector.,Mineral Resources leads the market with significant gains.,The Energy sector faces declines, with Endeavour Group experiencing a notable drop.,Australian shares experienced...
Investors Shift Focus to Semiconductor Stocks Amid Market Volatility
September 27, 2024 11:37 AM AEST| By Team Kalkine MediaHighlights,August trading saw a surge in demand for Nvidia with a 155% increase in trades on,SelfWealth,.,Broad interest in semiconductor stocks persists, with many companies seeing strong trading volumes.,Bitcoin-related ETFs gained traction despite...
Regis Resources Faces Challenges Amid Gold Project Setbacks and Future Opportunities
September 27, 2024 11:14 AM AEST| By Team Kalkine MediaHighlights,Regis Resources,encounters,project delays after a government intervention halted the,McPhillamys,gold mine.,CEO Jim Beyer emphasizes the potential profitability of the project despite significant upfront costs.,Focus shifts to the,Duketon,...
ASX 200 Set to Open Higher as Iron Ore and Silver Surge
September 27, 2024 10:55 AM AEST| By Team Kalkine MediaThe ASX 200 is expected to open with a slight gain, as futures advanced by 19 points, or 0.22%, reaching 8278 as of 8:25 am AEST. Following positive cues from Wall Street, the index could benefit from an upward trend across key commodities. Iron ore...
ASX200 Poised for Another Record High Amid Positive Market Trends
September 27, 2024 10:50 AM AEST| By Team Kalkine MediaHighlights,ASX200 futures,indicate,a rise, nearing an all-time high.,Commodity prices strengthen with iron ore, copper, and silver showing gains.,Star Entertainment Group faces challenges following a significant loss.,The Australian Securities Exchan...
ASX Rallies Amid Chinese Stimulus Measures; Mining Stocks Surge
September 27, 2024 10:32 AM AEST| By Team Kalkine MediaThe Australian share market experienced a notable rally on Thursday, with the mining sector playing a key role in driving gains. The uptick occurred as China made further commitments to economic stimulus aimed at reaching its growth targets.,The S&P/...
ASX Poised for Positive Opening Following Wall Street Gains
September 27, 2024 10:21 AM AEST| By Team Kalkine MediaHighlights,US markets surged on AI enthusiasm and strong economic data.,Copper and lithium stocks saw significant gains.,Oil prices dropped as supply concerns eased.,The ASX is expected to open on a strong note, fueled by optimism from Wall Street’s...
Rare Element Resources Receives DOE Operations Approval and Additional Funding Commitment for Rare Earth Demonstration Plant in Wyoming
September 27, 2024 09:15 AM AEST| By Business WireOperations Planned to Commence in 4Q 2024 LITTLETON, Colo.--(BUSINESS WIRE)--Rare Element Resources Ltd. (the “Company” or “RER”) (OTCQB: REEMF) is pleased to announce that the U.S. Department of Ene...
Vantage Welcomes Drew Cashmore to its Leadership Team as Head of Strategy
September 27, 2024 02:00 AM AEST| By Business WireThe strategic hire bolsters executive team, positioning Vantage for accelerated growth and innovation TORONTO--(BUSINESS WIRE)--#commerce--Vantage, the orchestration layer for retail and commerce med...
Vivani Medical Receives Regulatory Approval to Initiate First in Human Clinical Trial with GLP-1 Implant in Obese and Overweight Individuals in Australia
September 27, 2024 01:30 AM AEST| By Business WireNPM-115 clinical program utilizes a miniature, GLP-1 (exenatide) implant designed to provide comparable efficacy to semaglutide, the active ingredient in Ozempic®/Wegovy®, with twice-yearly administr...
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