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Market updates
Update: Perseus Mining Gains 5% as FY 2024 Revenue Rises 7% on Higher Gold Prices
August 29, 2024 01:46 AM AEST| By EODHDUpdate: Perseus Mining Gains 5% as FY 2024 Revenue Rises 7% on Higher Gold Prices
Perseus Mining FY 2024 Revenue Rises 7% on Higher Gold Prices
August 28, 2024 09:04 PM AEST| By EODHDPerseus Mining FY 2024 Revenue Rises 7% on Higher Gold Prices
Pilbara Minerals (ASX: PLS) Reports High Costs and Lower Prices in FY24 Results
August 28, 2024 06:04 PM AEST| By Team Kalkine MediaPilbara Minerals,(ASX: PLS),has recently released its financial results for the fiscal year 2024, shedding light on some of the challenges the company faces in the current lithium market. The results indicate a significant decline in profitability an...
Exploring ASX and Wesfarmers Ltd: Key ASX Shares to Review
August 28, 2024 04:56 PM AEST| By Team Kalkine MediaAmid recent fluctuations in the market, ASX Ltd and Wesfarmers Ltd have displayed notable share price movements. ASX Ltd's shares are down 2.5% this year, while Wesfarmers Ltd's shares have risen significantly from their,52-week lows,, highlighting c...
Commodity Stocks Weigh Down ASX, Tabcorp Faces Major Decline
August 28, 2024 04:26 PM AEST| By Team Kalkine MediaThe Australian sharemarket took a hit on Wednesday afternoon, driven by a downturn in commodity stocks amid a busy day of corporate earnings reports.,The S&P/ASX 200 Index (ASX: XJO) dropped 29.6 points, or 0.4%, to 8,044.4 by 2:37 pm AEST. The decli...
ASX Declines; Kelsian and Woolworths Rise, Tabcorp Drops
August 28, 2024 12:18 PM AEST| By Team Kalkine MediaAustralian shares experienced a midday dip on Wednesday, reflecting a broad decline in the benchmark S&P/ASX 200 Index, which fell 49.5 points, or 0.6%, to 8,021.7. The drop was primarily driven by weaker performances in the energy and communication...
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Australian Shares Set to Decline as Nvidia Earnings Loom Large
August 28, 2024 10:03 AM AEST| By Team Kalkine MediaAustralian shares are expected to open lower today, despite Wall Street closing with modest gains overnight. ASX futures were down 29 points, or 0.4%, to 7996 near 7 am AEST, indicating a bearish start. Investors are keenly awaiting the quarterly res...
ASX 200 Slips, While S&P 500 and Nasdaq Make Gains: Earnings Reports from Woolworths and Fortescue
August 28, 2024 09:58 AM AEST| By Team Kalkine MediaThe ASX 200 experienced a dip today, contrasting with the upward movement seen in the S&P 500 and Nasdaq. Market attention is focused on the latest earnings releases from major players such as Woolworths Group Limited (ASX: WOW) and Fortescue Metals...
Fortescue Annual Net Profit Rises 18%
August 28, 2024 09:44 AM AEST| By EODHDThe world’s fourth-largest iron ore producer reported an 18% rise in annual net profit helped by an increase in the price it got for sales of the steelmaking commodity. Continue reading View comments
Sector Update: Energy Stocks Slide Late Afternoon
August 28, 2024 05:46 AM AEST| By EODHDSector Update: Energy Stocks Slide Late Afternoon
Top Midday Stories: Paramount 'Go-Shop' Period Ends After Bronfman Withdraws Offer; NFL Expected to Vote in Favor of Private Equity Ownership
August 28, 2024 01:56 AM AEST| By EODHDTop Midday Stories: Paramount 'Go-Shop' Period Ends After Bronfman Withdraws Offer; NFL Expected to Vote in Favor of Private Equity
Sector Update: Energy Stocks Decline Premarket Tuesday
August 27, 2024 11:18 PM AEST| By EODHDSector Update: Energy Stocks Decline Premarket Tuesday
ASX Market Experiences Decline, Weighed Down by Lovisa and Zip
August 27, 2024 04:52 PM AEST| By Team Kalkine MediaOn Tuesday, the Australian sharemarket closed lower as investors grappled with escalating tensions in the Middle East and assessed a new wave of profit reports from some of Australia's largest companies. The S&P/ASX 200 Index fell by 0.2% or 13.3 poi...
ASX 200 Steady Amidst Mixed Results; Woodside and Worley Shine
August 27, 2024 01:43 PM AEST| By Team Kalkine MediaOn Tuesday, the Australian sharemarket displayed cautious trading behavior at midday, following a mixed session on Wall Street and rising geopolitical tensions in the Middle East. The S&P/ASX 200 Index (ASX: XJO) was relatively steady, down 4.2 point...
BHP Sees Copper Surplus in Short Term Before ‘Fly-Up’ Prices
August 27, 2024 01:11 PM AEST| By EODHD(Bloomberg) -- BHP Group Ltd. offered a cautious near-term outlook for copper, while sticking to the widely-held view that the energy transition metal is eventually headed for severe shortages and muc...
ASX 200 Edges Higher; Lovisa Experiences Significant Decline Amidst Key Earnings Reports
August 27, 2024 11:54 AM AEST| By Team Kalkine MediaThe Australian sharemarket experienced a modest increase following a mixed session on Wall Street, as investors assessed profit reports from major Australian companies.,The S&P/ASX 200 index inched up by 0.1%, or 9.7 points, to 8094.2, approaching th...
Queensland Pacific Metals (ASX:QPM) Shifts Focus to Gas with New Contracts and National Electricity Market Sales
August 27, 2024 11:36 AM AEST| By Team Kalkine MediaQueensland Pacific Metals (ASX:QPM), formerly known as Queensland Pacific Nickel, is adapting to evolving market conditions by transitioning from nickel to natural gas. This strategic pivot follows a challenging period for nickel prices, exacerbated...
BHP Warns China Recovery Uneven as Profit Creeps Higher
August 27, 2024 11:18 AM AEST| By EODHD(Bloomberg) -- BHP Group Ltd., the world’s biggest miner, reported full-year profit edged up 2%, in line with analyst forecasts, even as China’s property market continued to weigh on its economy and d...
ASX 200 Earnings Overview: BHP, Coles, and Woodside Report Financials
August 27, 2024 10:05 AM AEST| By Team Kalkine MediaAs Australia navigates a crucial reporting season, three of the nation's corporate giants—BHP Group Ltd (ASX:BHP), Coles Group Ltd (ASX:COL), and Woodside Energy Group Ltd (ASX:WDS)—have disclosed their financial outcomes for the fiscal year 2024. Th...
ASX 200 Futures Steady; Dow Hits Record High Amid BHP, Woodside, and Zip Earnings
August 27, 2024 09:59 AM AEST| By Team Kalkine MediaASX 200 Futures Edge Higher as of 8:30 AM AEST,OVERNIGHT MARKETS,Major US benchmarks had a mixed performance, with markets anticipating Nvidia's earnings and additional inflation data. Gold achieved a record close, while US July durable goods orders...
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