Market updates

Crude Oil Prices Rally On Worries About Retaliation from Iran, Suppl...
August 13, 2024 07:09 PM AEST | By EODHDCrude Oil Prices Rally On Worries About Retaliation from Iran, Supply Disruptions, ANZ Bank Says

Oil Prices Fall on Growing Concerns of Lower Demand
August 13, 2024 06:06 PM AEST | By EODHDOil prices fell, as demand concerns outweighed fears of growing tensions in the Middle East after OPEC trimmed its forecasts for global oil demand thi...

Euro Unlikely to Be Hurt by Potentially Weaker German ZEW Data
August 13, 2024 05:29 PM AEST | By EODHDThe euro is unlikely to be derailed by the latest ZEW survey, which could show German economic sentiment fell sharply in August, ING said, as weak eur...

Australian Shares Extend Gains Amid Mixed Earnings Results
August 13, 2024 04:40 PM AEST | By Team Kalkine MediaAustralian shares continued their positive momentum for the sixth consecutive session on a busy day of earnings reports. The S&P/ASX 200 Index (ASX: X...

ASX Surging as Mining Stocks Continue to Perform Well
August 13, 2024 02:47 PM AEST | By Team Kalkine MediaAustralian shares experienced a modest increase early this afternoon, although disappointing results from biotechnology firm CSL Ltd,(ASX: CSL),and re...

Celonis and TEC150 Enable Zespri to Deliver Millions in Value by Opt...
August 13, 2024 12:00 PM AEST | By Business WireMOUNT MAUNGANUI, New Zealand & MUNICH & NEW YORK--(BUSINESS WIRE)--Celonis, the global leader in Process Mining and Process Intelligence, and Zespri,...

Consumer Sentiment Sees Modest Increase, Yet Remains Weak Amid Econo...
August 13, 2024 11:27 AM AEST | By Team Kalkine MediaThe latest figures from the Westpac–Melbourne Institute Consumer Sentiment Index reveal a modest uptick in consumer sentiment for August 2024. The ind...

Exploring REA and Woolworths Group Ltd: Insights on Two ASX Shares
August 13, 2024 11:07 AM AEST | By Team Kalkine MediaThe Rea Group Ltd share price has surged by 9.4% since the beginning of 2024, capturing attention among investors. In comparison, the Woolworths Group...

Australian Shares Steady with Earnings Season in Full Swing, Trackin...
August 13, 2024 11:04 AM AEST | By Team Kalkine MediaAustralian shares were largely steady shortly after the market open, with the S&P/ASX 200 Index dipping 4 points to 7810.70. This follows a 0.5% gain...

James Hardie Delivers On First Quarter Results and Reaffirms Fiscal...
August 13, 2024 10:55 AM AEST | By Business WireAchieves First Quarter Guidance, with Adjusted Net Income of $178 million Record First Quarter Adjusted EBITDA of $286 million Adjusted EBITDA Margin...

Australia's Orora rejects $2.25 billion takeover offer from PE firm...
August 13, 2024 10:13 AM AEST | By EODHD(Reuters) - Australia's Orora Ltd said on Tuesday it had rejected a A$3.42 billion ($2.25 billion) non-binding takeover offer from Lone Star Fund XII...

ASX 200 Futures Remain Steady, Gold Hits Record High; CSL, Seek, and...
August 13, 2024 09:50 AM AEST | By Team Kalkine MediaMajor US benchmarks closed near breakeven ahead of key inflation data, while gold prices surged to a record high due to escalating tensions in the Mid...

James Hardie: Fiscal Q1 Earnings Snapshot
August 13, 2024 08:03 AM AEST | By EODHDDUBLIN (AP) — DUBLIN (AP) — James Hardie Industries PLC (JHX) on Monday reported profit of $155.3 million in its fiscal first quarter. The Dublin-base...

Australia’s Federal Minister for Industry and Science Opens Li-S Ene...
August 13, 2024 02:00 AM AEST | By Business WireBRISBANE, Australia--(BUSINESS WIRE)--$LIS #battery--Australian battery technology company Li-S Energy (ASX:LIS) has officially launched its new 2MWh...

European Natural Gas Prices Post Double-Digit Gain as Russian Gas Su...
August 12, 2024 07:31 PM AEST | By EODHDEuropean Natural Gas Prices Post Double-Digit Gain as Russian Gas Supply Concerns Mount, ANZ Bank Says

Crude Oil Prices Notch First Weekly Gain Since Early July Amid Geopo...
August 12, 2024 07:05 PM AEST | By EODHDCrude Oil Prices Notch First Weekly Gain Since Early July Amid Geopolitical Tensions, ANZ Bank Says

Oil Edges Higher as Markets Brace for Iran Retaliation
August 12, 2024 05:50 PM AEST | By EODHDOil prices edged higher as markets continued to closely monitor geopolitical risks, with Iran’s retaliation against Israel in response to the killing...

Wesfarmers and ResMed Two ASX Shares to Watch
August 12, 2024 04:11 PM AEST | By Team Kalkine MediaThe Wesfarmers Ltd share price has surged 23.5% since the start of 2024. Meanwhile, ResMed CDI shares are currently just 4% shy of their,52-week high,...

ASX 200 Climbs as JB Hi-Fi Reports Positive Earnings
August 12, 2024 02:56 PM AEST | By Team Kalkine MediaThe Australian sharemarket advanced at midday, continuing its recovery with the S&P/ASX 200 Index climbing 38.7 points, or 0.5%, to 7816.4. This upwar...

Iron Ore Miners Face Pay Rise Bid From Australian Worker Unions
August 12, 2024 01:06 PM AEST | By EODHD(Bloomberg) -- Unions representing tens of thousands of workers in Australia’s major iron ore hub are preparing to negotiate potential wage rises with...