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South32 (ASX: S32) Shares Inch Up as Macquarie Raises Price Target Amidst Bullish Outlook
May 22, 2024 01:10 PM AEST| By Team Kalkine MediaShares of Australia's leading diversified miner, South32 (,ASX: S32,), experienced a modest increase on Wednesday, rising by as much as 0.13% to AU$3.90 apiece. This uptick comes in response to a recent development where analysts at Macquarie, a prom...
Kingsrose Mining (ASX: KRM) Shares Skyrocket on Groundbreaking BHP Collaboration for Nordic Exploration
May 22, 2024 01:05 PM AEST| By Team Kalkine MediaKingsrose Mining (,ASX: KRM,), an Australian mining company, witnessed a remarkable surge in its stock price on Wednesday, jumping as much as 14.89% to AU$0.054 apiece, marking its most significant intraday gain since 8 February 2021. This surge prop...
Webjet (ASX: WEB) Shares Soar to Four-Year High Amid Profit Surge and Strategic Demerger Plans
May 22, 2024 01:01 PM AEST| By Team Kalkine MediaShares of Webjet (,ASX: WEB,), a prominent Australian travel services provider, soared to their highest level in over four years on Wednesday. This surge came after the company announced an 84.5% increase in annual profit and revealed plans to separa...
Sonic Healthcare (ASX: SHL) Shares Plummet Amid Lowered Profit Forecast
May 21, 2024 04:09 PM AEST| By Team Kalkine MediaShares of Sonic Healthcare Ltd (,ASX: SHL,) experienced a sharp decline on Wednesday, dropping as much as 5.64% to AU$25.11 apiece. If these losses hold, it will mark the worst trading day for the healthcare provider since 20 March 2020. This signifi...
Macquarie Raises Elders (ASX: ELD) Price Target, Predicts Earnings Recovery in H2 FY24
May 21, 2024 04:05 PM AEST| By Team Kalkine MediaMacquarie has raised the price target for Elders Ltd (,ASX: ELD,) from AU$8.25 to AU$8.35, citing an expected recovery in earnings during the second half of FY24. Despite a challenging first quarter, the agribusiness firm has shown signs of improved...
Star Entertainment (ASX: SGR) Shares Plummet Over 7% Amid Bid Confusion
May 21, 2024 04:01 PM AEST| By Team Kalkine MediaShares of Australia's Star Entertainment (,ASX: SGR,) fell as much as 7.41% to AU$0.50 apiece on Tuesday, marking their steepest intraday drop since April 16. This decline comes on the heels of a significant surge of 20% on Monday, driven by speculat...
BHP Group's (ASX: BHP) Shares Surge Ahead of Takeover Bid Deadline for Anglo American
May 21, 2024 03:57 PM AEST| By Team Kalkine MediaShares of Australia's BHP Group (,ASX: BHP,) reached a three-month high on Tuesday, ahead of the looming deadline to lodge a formal bid for rival Anglo American (LSE: AAL). Last week, Anglo American rejected BHP's sweetened AU$43 billion takeover pro...
James Hardie Industries (ASX: JHX) Shares Plummet Amid Downward Revision of Earnings Forecast
May 21, 2024 03:49 PM AEST| By Team Kalkine MediaShares of James Hardie Industries (,ASX: JHX,) plunged as much as 14.97% on Tuesday to close at AU$46.58 apiece, marking their largest intraday decline since 8 November, 2022. This drop represents the third consecutive session of losses, bringing the...
ALS (ASX: ALQ) Shares Surge to Record High on Positive Outlook
May 21, 2024 03:43 PM AEST| By Team Kalkine MediaShares of ALS Ltd (,ASX: ALQ,) surged by as much as 5.40% on Tuesday, reaching a record high of AU$14.54 apiece, reflecting investor confidence in the company's future prospects. The Australian testing services provider has expressed a positive mediu...
What prompted surge in these shares on ASX today?
May 20, 2024 05:47 PM AEST| By Team Kalkine MediaThe Australian stock market started this week on a robust note. The S&P/ASX200 closed up Monday, gaining 49.30 points or 0.63% to 7,863.70. Several ASX-listed shares outperformed the broader market today, with notable gains. Here's a closer look at t...
What triggered downfall in these four ASX shares?
May 20, 2024 05:43 PM AEST| By Team Kalkine MediaWhile the S&P/ASX 200 Index enjoyed a positive start to the week, several ASX-listed shares found themselves in the red, failing to follow the market's upward trend. While the benchmark index gained 0.63% and closed at 7,863.70 on Monday, these four...
Elders Ltd (ASX: ELD) Foresees Brighter Future Amidst First-Half Challenges
May 20, 2024 04:39 PM AEST| By Team Kalkine MediaShares of Australian agribusiness Elders Ltd (,ASX: ELD,) closed on Monday at AU$8.340, with an uptick of around 1.6%. The company anticipates better trading conditions in the second half of 2024 after a challenging first half. During the first half...
Aristocrat Leisure (ASX: ALL) Surges 2% on Morgan Stanley's Bullish Price Target
May 20, 2024 03:44 PM AEST| By Team Kalkine MediaShares of Australia's Aristocrat Leisure (,ASX: ALL,) experienced a notable increase, climbing as much as 2% to reach AU$47.340 during Monday’s afternoon trading hours. The positive momentum follows an upward revision of the gaming firm's price targe...
Suncorp Group (ASX: SUN) Eyes Valuation Boost, Analysts Point to IAG Comparison
May 20, 2024 03:17 PM AEST| By Team Kalkine MediaShares of Australia's Suncorp Group (,ASX: SUN,) experienced a modest uptick, climbing as much as 0.8% to reach AU$16.44 on Monday’s afternoon trading hours. Analysts at Morgan Stanley have highlighted the potential for Suncorp to re-rate itself to m...
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Pointsbet Holdings (ASX: PBH) Sees Surge in Share Value, Outpacing Projections
May 20, 2024 03:03 PM AEST| By Team Kalkine MediaShares of PointsBet Holdings (,ASX: PBH,) experienced a remarkable surge, climbing as much as 11% to AU$ 0.507 on Monday’s afternoon trading session. Investors reacted positively to the company's announcement regarding its normalised EBITDA loss fore...
Carnarvon Energy (ASX: CVN) Explores Strategic Options, Including Sale of Assets
May 17, 2024 03:14 PM AEST| By Team Kalkine MediaAustralian oil and gas explorer Carnarvon Energy (,ASX: CVN,) is embarking on a strategic review process, exploring potential avenues to unlock shareholder value. The company, which holds a significant stake in the Dorado oil field alongside Santos (...
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ASX Ends the Week in the Red: CVW, LLI and PNV Follows Trend
May 17, 2024 03:10 PM AEST| By Team Kalkine MediaThe Australian stock market is concluding the week on a downward trajectory, with the S&P/ASX 200 Index experiencing a disappointing finish. It 3:07 PM AEST, the benchmark index is recorded a 0.77% decline, standing at 7,820.90 points.,Here's a close...
Iress (ASX: IRE) Provides Additional Details on Unauthorised Access Incident
May 17, 2024 03:03 PM AEST| By Team Kalkine MediaIress Ltd (,ASX: IRE,), a leading provider of technology solutions for financial markets, has issued a further update regarding the unauthorised access incident it recently encountered. The company has acknowledged the emergence of certain statements...
Bendigo Bank (ASX: BEN) Soars as ASX 200 Banking Stocks Surge: Here's Why
May 17, 2024 11:18 AM AEST| By Team Kalkine MediaInvestors are driving the ASX 200 bank stock, Bendigo and Adelaide Bank Ltd (,ASX: BEN,), to new heights on Friday, with shares leaping significantly. Closing Thursday's trading at AU$9.92, Bendigo Bank shares are now exchanging hands at AU$10.48 api...
Bendigo and Adelaide Bank (ASX: BEN) Surges to New Heights on Robust NIM
May 17, 2024 11:12 AM AEST| By Team Kalkine MediaBendigo and Adelaide Bank Ltd (,ASX: BEN,) witnessed a remarkable surge in its share price on Friday, climbing as much as 8.27% to AU$10.74, marking its highest level since 15 August 2022. This surge represents the largest intraday percentage gain si...
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