Market updates


 Crescent Capital Sells Entire Stake in Australian Clinical Labs

Crescent Capital Sells Entire Stake in Australian Clinical Labs

September 12, 2024 12:16 PM AEST| By Team Kalkine Media

Fund manager Crescent Capital has announced its complete exit from Australian Clinical Labs (ASX: ACL), marking a significant shift in its investment strategy. Crescent Capital has divested its 30.12 percent stake in ACL through a block trade, effect...

 Brickworks Faces $123.5 Million Charge Amid Market Slowdown

Brickworks Faces $123.5 Million Charge Amid Market Slowdown

September 12, 2024 12:15 PM AEST| By Team Kalkine Media

Brickworks Ltd (ASX:BKW), a prominent player in the global building products industry, is preparing to report a $123.5 million hit to its fiscal 2024 results. This significant charge reflects the current challenges the company faces due to a downturn...

 Origin Energy Revamps Eraring Power Station for Its Final Years

Origin Energy Revamps Eraring Power Station for Its Final Years

September 12, 2024 12:13 PM AEST| By Team Kalkine Media

Origin Energy (ASX: ORG) has undertaken a significant $80 million maintenance overhaul at its Eraring coal power station, a move designed to enhance the facility's operational flexibility as it approaches its final years of operation. Situated on the...

 Uranium Stocks Surge Following Putin's Export Threat

Uranium Stocks Surge Following Putin's Export Threat

September 12, 2024 12:12 PM AEST| By Team Kalkine Media

Shares of uranium mining companies experienced a significant boost, positioning them for one of their strongest trading days of the year. This surge was triggered by Russian President Vladimir Putin's recent comments about potentially restricting ura...

 Australian Share Market Update: ASX Gains Amid Sectoral Shifts; BHP, Nine Entertainment See Declines

Australian Share Market Update: ASX Gains Amid Sectoral Shifts; BHP, Nine Entertainment See Declines

September 12, 2024 12:11 PM AEST| By Team Kalkine Media

In a notable rebound, the Australian share market demonstrated resilience as it saw broad gains following a rally on Wall Street. The benchmark S&P/ASX 200 index advanced by 0.6 percent, or 44.30 points, to reach 8032.20. This brings it within striki...

 Australia's Nine Entertainment CEO Mike Sneesby to step down

Australia's Nine Entertainment CEO Mike Sneesby to step down

September 12, 2024 11:07 AM AEST| By EODHD

By Adwitiya Srivastava (Reuters) - Australian broadcaster Nine Entertainment said on Thursday Chief Executive Officer Mike Sneesby would step down with effect from Sept. 30 and that chief finance and...

 ASX 200 Expected to Rise, Driven by US Market Recovery and Commodity Gains

ASX 200 Expected to Rise, Driven by US Market Recovery and Commodity Gains

September 12, 2024 09:49 AM AEST| By Team Kalkine Media

Highlights:,ASX 200 futures,indicate,a positive opening with a rise of 50 points, driven by a strong overnight performance in US markets and an uptick in commodity prices.,The US core CPI came in hotter-than-expected, yet markets rebounded sharply, l...

 Vaxxas Initiates Phase I Clinical Trial of Pre-Pandemic Avian Influenza A Virus (H7N9) Vaccine Delivered Using Vaxxas’ Novel High-Density Microarray Patch (HD-MAP)

Vaxxas Initiates Phase I Clinical Trial of Pre-Pandemic Avian Influenza A Virus (H7N9) Vaccine Delivered Using Vaxxas’ Novel High-Density Microarray Patch (HD-MAP)

September 12, 2024 03:01 AM AEST| By Business Wire

Multi-center Phase I clinical study will evaluate the safety and tolerability of a monovalent strain of avian influenza A (H7N9) vaccine delivered intradermally by Vaxxas’ high-density microarray pa...

 New Zealand Existing & Upcoming Data Center Portfolio 2024 - ResearchAndMarkets.com

New Zealand Existing & Upcoming Data Center Portfolio 2024 - ResearchAndMarkets.com

September 12, 2024 02:34 AM AEST| By Business Wire

DUBLIN--(BUSINESS WIRE)--The "New Zealand Existing & Upcoming Data Center Portfolio" database has been added to ResearchAndMarkets.com's offering. The upcoming data center capacity in New Zealand...

 Closing Bell: ASX Dips, But Lithium Stocks Surge on China News; MinRes Jumps 17%

Closing Bell: ASX Dips, But Lithium Stocks Surge on China News; MinRes Jumps 17%

September 11, 2024 08:06 PM AEST| By Team Kalkine Media

The ASX slipped 0.3% on Wednesday, dragged down by banking stocks. In contrast, the mining sector received a boost from lithium stocks, following reports that Chinese EV battery maker CATL may have suspended operations at two lepidolite mines. This p...

 Asian Lithium Shares Soar as CATL Adjusts Output at Key Mine

Asian Lithium Shares Soar as CATL Adjusts Output at Key Mine

September 11, 2024 08:05 PM AEST| By EODHD

(Bloomberg) -- Asian lithium producer stocks surged on speculation Chinese battery giant Contemporary Amperex Technology Co. halted production at a major mine in Jiangxi province, easing oversupply co...

 ASX Moves Lower Amid Banking Sector Decline, Mineral Resources and Lithium Stocks Surge

ASX Moves Lower Amid Banking Sector Decline, Mineral Resources and Lithium Stocks Surge

September 11, 2024 12:07 PM AEST| By Team Kalkine Media

Australian shares are experiencing a downward trend near midday, primarily due to declines in banking stocks that are overshadowing gains in mining and lithium sectors. The S&P/ASX 200 Index (ASX: XJO) is down 0.3% to 7982 points, reflecting a broade...

 ASX Slips as Lithium Stocks Rally; NextDC Slides After Capital Raise

ASX Slips as Lithium Stocks Rally; NextDC Slides After Capital Raise

September 11, 2024 11:38 AM AEST| By Team Kalkine Media

Australian shares have shown a slight decline at the start of trading today, as losses in the banking sector outweigh gains in mining stocks.,The S&P/ASX 200 Index (ASX: XJO) is flat at 8010 points. This comes after a positive performance in the U.S....

 ASX 200 Set for Modest Gains as Markets Eye US CPI Data, Oil Prices Hit Two-Year Low

ASX 200 Set for Modest Gains as Markets Eye US CPI Data, Oil Prices Hit Two-Year Low

September 11, 2024 10:01 AM AEST| By Team Kalkine Media

The ASX 200 is poised for a slight increase, with futures trading 8 points higher (0.10%) as of 8:30 AM AEST. Investors are cautiously anticipating the release of the US Consumer Price Index (CPI) report, which is expected to offer critical insights...

 Murdoch’s REA Starts Takeover Talks With UK Property Portal Rightmove

Murdoch’s REA Starts Takeover Talks With UK Property Portal Rightmove

September 11, 2024 07:10 AM AEST| By EODHD

(Bloomberg) -- Australian real estate listing provider REA Group Ltd. has started preliminary takeover talks with Rightmove Plc, days after confirming its interest in the UK’s biggest property portal...

 ResMed to Host Its 2024 Investor Day on September 30, 2024, at the New York Stock Exchange

ResMed to Host Its 2024 Investor Day on September 30, 2024, at the New York Stock Exchange

September 11, 2024 06:05 AM AEST| By EODHD

ResMed Inc. Learn more about ResMed’s 2030 strategy to accelerate growth Join in person or via virtual webcast SAN DIEGO, Sept. 10, 2024 (GLOBE NEWSWIRE) -- ResMed (NYSE: RMD, ASX: RMD) will host an i...

 REA Group makes initial takeover offer for UK property giant Rightmove, Bloomberg News reports

REA Group makes initial takeover offer for UK property giant Rightmove, Bloomberg News reports

September 11, 2024 05:17 AM AEST| By EODHD

Rupert Murdoch-owned property listings firm REA Group has made an initial takeover offer for Britain's Rightmove , Bloomberg News reported on Tuesday citing people familiar with the matter.

 Hang Seng and ASX 200 Rise Following Positive US Equity Markets

Hang Seng and ASX 200 Rise Following Positive US Equity Markets

September 10, 2024 06:04 PM AEST| By Team Kalkine Media

US equities experienced a rally, setting a positive tone for the Asian session with significant gains across major indexes.,China’s slowing trade data and soft inflation figures highlight economic challenges, raising questions about potential future...

 ASX Rebounds as Commonwealth Bank and Macquarie Hit Record Highs

ASX Rebounds as Commonwealth Bank and Macquarie Hit Record Highs

September 10, 2024 04:35 PM AEST| By Team Kalkine Media

On Tuesday, the Australian sharemarket made a notable recovery from last week’s declines, with the benchmark S&P/ASX 200 Index rising by 0.3%, or 23.8 points, to 8,011.9. This positive shift was driven by impressive performances in the financial and...

 ASX Gains as Financials Shine; Life360 Faces Sharp Decline

ASX Gains as Financials Shine; Life360 Faces Sharp Decline

September 10, 2024 04:26 PM AEST| By Team Kalkine Media

The Australian sharemarket showed positive movement in early afternoon trading on Tuesday, recovering from last week’s downturn. The benchmark S&P/ASX 200 Index rose by 0.6%, or 43.9 points, to reach 8,032, driven higher by gains in the financial and...

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