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Seven West Media (ASX: SWM) Shares Rise On Corporate Restructuring News
June 26, 2024 03:14 PM AEST| By Team Kalkine MediaShares of Seven West Media (,ASX: SWM,) surged as much as 2.86% to A$0.180 on Wednesday morning, marking a positive response to the company's latest strategic moves. While, at 2:50 PM AEST, it was trading at flat AU$0.175 apiece. The media conglomera...
ASX 200 Suffers Heavy Losses Following May CPI Data Release
June 26, 2024 03:12 PM AEST| By Team Kalkine MediaThe ASX 200 is experiencing significant selling pressure following the release of May's Consumer Price Index (CPI) data. After closing up 1.4% on Tuesday, the S&P/ASX 200 Index is on track to relinquish most of those gains today (26 June 2024). As of...
Star Entertainment (ASX: SGR) Shares Surge Following CEO Appointment
June 26, 2024 03:09 PM AEST| By Team Kalkine MediaShares of Star Entertainment Group (,ASX: SGR,) surged as much as 0.43% to AU$0.47 apiece on 26 June 2024, marking their largest intraday percentage increase since 4 June 2024.,New Leadership Amid Regulatory Challenges,The company, which has been gra...
GPT Group (ASX: GPT) Surges on Strong Distribution Outlook
June 25, 2024 03:41 PM AEST| By Team Kalkine MediaGPT Group (,ASX: GPT,) experienced a notable upswing in its share price on Tuesday, climbing by as much as 4.06% to AU$4.36, marking its most significant intraday percentage gain since 16 May 2024. This surge follows the company's announcement of a r...
Commonwealth Bank of Australia (ASX: CBA) Soars to New Heights, Nears ASX 200's Top Spot
June 25, 2024 03:38 PM AEST| By Team Kalkine MediaCommonwealth Bank of Australia (,ASX: CBA,) continues its meteoric rise, hitting yet another all-time high of AU$128.68 within the first half-hour of trading on Tuesday. As of 3:14 PM AEST, CBA share price was AU$127.99 apiece, 0.94% higher than prev...
Star Entertainment Group (ASX: SGR) Faces Stock Decline Amid Lowered FY24 Guidance
June 25, 2024 03:31 PM AEST| By Team Kalkine MediaStar Entertainment Group Limited (,ASX: SGR,) is experiencing a downturn in its stock price on Tuesday, dropping as much as 1.06% to AU$0.46 apiece, marking its third consecutive session of declines. The casino operator recently announced a significa...
Healius (ASX: HLS) Shares Tumble on Downgraded FY24 Guidance
June 25, 2024 03:27 PM AEST| By Team Kalkine MediaHealius Limited (,ASX: HLS,) is witnessing a sharp decline in its stock price on 25 June 2024, plummeting as much as 0.33% to AU$1.49 apiece, marking its lowest level since 17 June 2024. The healthcare services provider faces significant challenges t...
Qantas (ASX: QAN) Enhances Regional Network with Next-Generation Aircraft
June 25, 2024 03:22 PM AEST| By Team Kalkine MediaQantas Airways Ltd (,ASX: QAN,) is making headlines today as its shares soar on the back of strategic investments aimed at bolstering its regional operations. The airline, a key constituent of the S&P/ASX 200 Index (ASX: XJO), closed flat yesterday a...
Institutional Ownership Influences CAR Group's (ASX: CAR) Market Dynamics
June 24, 2024 05:21 PM AEST| By Team Kalkine MediaCAR Group Limited (,ASX: CAR,) is under scrutiny due to its significant institutional ownership, which stands at 46%, indicating a substantial influence on the company's stock price and strategic decisions. With 25 major institutional investors colle...
Myer Holdings (ASX: MYR) Focuses on Strategic Review and Brand Portfolio Enhancement
June 24, 2024 05:04 PM AEST| By Team Kalkine MediaMyer Holdings Ltd (,ASX: MYR,) is advancing with a comprehensive review of its strategic direction, emphasising the growth of its private label and exclusive brands portfolio as a top priority. The Australian retail giant has recently announced key d...
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Cleanaway Waste Management (ASX: CWY) Expands in Melbourne with Strategic Acquisition
June 24, 2024 04:52 PM AEST| By Team Kalkine MediaCleanaway Waste Management Ltd (,ASX: CWY,) is off to a strong start this week with its shares rising by 2% to AU$2.750 on the ASX 200 industrials index. The uptick in stock price follows the announcement of Cleanaway's strategic acquisition in Melbo...
Metcash Ltd (ASX: MTS) Faces Share Price Decline Despite Mixed Financial Results
June 24, 2024 04:24 PM AEST| By Team Kalkine MediaMetcash Ltd (,ASX: MTS,), the prominent supermarket wholesaler, witnessed a notable downturn on Monday with its shares falling by as much as 3% to AU$ 3.670. This decline comes despite the company's recently announced financial results and operationa...
Star Entertainment (ASX: SGR) Faces Steep Decline Amidst Economic Pressures
June 24, 2024 04:15 PM AEST| By Team Kalkine MediaStar Entertainment Group Ltd (,ASX: SGR,) is experiencing a significant downturn, with its shares plummeting by as much as 5.102% to AU$0.465 on Monday’s afternoon trade.,The casino giant has forecasted a subdued outlook for the fiscal year 2024, pro...
ResMed Inc. (ASX: RMD) Faces Share Price Decline on Monday
June 24, 2024 03:28 PM AEST| By Team Kalkine MediaInvestors are witnessing a substantial downturn in ResMed Inc.'s (,ASX: RMD,) share price, which has plummeted by 13% to AU$27.790 in afternoon trading this Monday. The market reaction comes swiftly following the release of pivotal clinical trial res...
Australian Equity Funds: Five Performers to Watch
June 24, 2024 12:00 AM AEST| By Team Kalkine MediaEquity funds are pivotal in modern financial markets, serving as key vehicles for investors aiming to allocate capital across various asset classes, including stocks, bonds, commodities, and alternative investments. These funds pool money from multip...
Strike Energy (ASX: STX) Shares Surge on Refinancing Deal and Positive Market Performance
June 21, 2024 03:18 PM AEST| By Team Kalkine MediaShares of Australia's Strike Energy (,ASX: STX,) rose as much as 6.98% on Friday to AU$0.23 apiece, reaching their highest level since 28 May 2024. This marks the company's second consecutive day of gains. If the current trend holds, Strike Energy's...
Australia's Energy Stocks Rebound, Breaking Three-Week Losing Streak
June 21, 2024 03:15 PM AEST| By Team Kalkine MediaAustralia's energy stocks (INDEXASX: XEJ) have seen around 0.50% increase so far this week, ending a three-week losing streak. The sub-index rose as much as 0.9% during the intraday session on Friday, marking its highest level since 14 June 2024. Thi...
Pilbara Minerals (ASX: PLS) Unveils $799M Expansion Plan to Double Lithium Production
June 21, 2024 03:11 PM AEST| By Team Kalkine MediaPilbara Minerals (,ASX: PLS,), Australia's leading independent lithium producer, has revealed an ambitious AU$1.2 billion ($799.2 million) plan to double its lithium spodumene production capacity at the Pilgangoora operation in Western Australia. Thi...
QBE Insurance (ASX: QBE) Shares Drop on Lower-than-Expected Premium Growth and Strategic Shift
June 21, 2024 03:07 PM AEST| By Team Kalkine MediaShares of Australian insurance firm QBE Insurance Group (,ASX: QBE,) have fallen 2.5% so far this week, setting the stage for the company's worst weekly decline since 15 April 2024. This drop is largely attributed to the company’s latest forecast, wh...
Treasury Wine Estates (ASX: TWE) Continues Winning Streak with China Demand Boost"
June 21, 2024 02:56 PM AEST| By Team Kalkine MediaTreasury Wine Estates Ltd (,ASX: TWE,) saw its shares climb as much as 1.13% on 21 June 2024 to AU$12.57 apiece, marking their highest level since 11 April 2024. This surge continues the company's positive momentum, now set for its fourth consecutive...
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