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BHP (ASX: BHP) Surges on Anglo American's Break-Up Plan
May 15, 2024 01:43 PM AEST| By Team Kalkine MediaAustralian-listed shares of BHP Group (,ASX: BHP,) surged by 2.56% to AU$44.26 apiece on Wednesday following the announcement of a break-up plan by its takeover target, Anglo American (LSE: AAL), aimed at defending against an AU$43 billion offer.,Thi...
Iress Ltd (ASX: IRE) Reports Unauthorised Entry into OneVue Production Environment
May 15, 2024 01:42 PM AEST| By Team Kalkine MediaAustralia's Iress Ltd (,ASX: IRE,) revealed on Wednesday that a stolen credential from its third-party user space was utilised to illicitly access client data within the production environment of the financial services software platform, OneVue, over...
Transurban's (ASX: TCL) Management Shake-up Sparks Investor Concerns
May 14, 2024 05:20 PM AEST| By Team Kalkine MediaTuesday has proven to be a challenging day for the S&P/ASX 200 Index, as many ASX 200 shares experienced a downward trend. The ASX 200 closed lower on Tuesday, dropping 23.20 points or 0.30% to 7,726.80. However, the Transurban Group (,ASX: TCL,) sha...
RAS Technology’s (ASX: RTH) Shares Surge on New Deals and Contract Extensions
May 14, 2024 05:07 PM AEST| By Team Kalkine MediaIn a promising turn of events, shares of RAS Technology (,ASX: RTH,) soared by as much as 2.3% to AU$1.330 on Tuesday’s trading session. This uptick came on the heels of exciting developments for the racing and sports service provider, as it seals ne...
IDP Education's (ASX: IEL) Shares Plummet Amidst Policy Uncertainty
May 14, 2024 04:56 PM AEST| By Team Kalkine MediaShares of Australia's IDP Education (,ASX: IEL,) experienced a decline of around 1% and closed at AU$15.880 on Tuesday (14 May 2024). This plunge came in the wake of cautionary flags raised by analysts at UBS regarding potential share price depreciat...
What drove surge in GUD Holdings' (ASX: GUD) share price on Tuesday?
May 14, 2024 04:46 PM AEST| By Team Kalkine MediaInvestors in the S&P/ASX 200 Index witnessed a standout performance on Tuesday, fueled by the impressive rally of GUD Holdings Ltd (,ASX: GUD,). The diversified automotive market products company surged ahead, with its shares experiencing a remarkabl...
Why are MEI and PNR nosediving today?
May 14, 2024 04:18 PM AEST| By Team Kalkine MediaThe Australian stock market is grappling with a challenging session today, with the S&P/ASX 200 Index poised to record a disappointing decline. As of the latest update (Tue 14 May 4:03 PM AEST), the benchmark index has dropped by 0.35% to 7,723.10 po...
Australian Shares Close Flat as Miners Offset Losses in Banks and Energy Stocks
May 13, 2024 05:14 PM AEST| By Team Kalkine MediaAustralian shares ended the trading session on Monday with little change, as gains in mining stocks countered losses in the banking and energy sectors. Traders exercised caution ahead of the release of the U.S. inflation data later in the week, which...
Macquarie Adjusts Target Price for Evolution Mining (ASX: EVN) Amid Production Expectations
May 13, 2024 04:56 PM AEST| By Team Kalkine MediaEvolution Mining Limited (,ASX: EVN,) faced a slight setback as analysts at Macquarie revised down their target price for the gold miner from AU$4.10 per share to AU$4.00 per share while maintaining a "neutral" rating. This adjustment comes despite a...
Orica (ASX: ORI) Shares Dip Despite Positive Outlook from Morgan Stanley
May 13, 2024 04:46 PM AEST| By Team Kalkine MediaOrica Limited (,ASX: ORI,) experienced a slight decline of 0.49% on Monday to trade at AU$18.21 apiece, despite receiving an optimistic forecast from investment firm Morgan Stanley regarding its earnings growth over the next three years. This dip fol...
Analysts at J.P. Morgan shares positive outlook for JB Hi-Fi (ASX: JBH)
May 10, 2024 04:17 PM AEST| By Team Kalkine MediaShares of JB Hi-Fi (,ASX: JBH,), a prominent discretionary retailer in Australia, surged by up to 2.1% to reach AU$58.44 during the early trading hours on 10 May 2024, marking its most significant intraday percentage gain since March 21. Later, it en...
Commonwealth Bank of Australia (ASX: CBA) Shares Surge: Third-Quarter Results Spark Investor Optimism
May 10, 2024 04:09 PM AEST| By Team Kalkine MediaCommonwealth Bank of Australia (,ASX: CBA,) witnessed a notable uptick on Friday, with its shares surging by up to 0.66% to AU$117.86 apiece, reflecting positive sentiments among investors following the release of its third-quarter results.,According...
Three ASX Shares on Surge as Market Regains Momentum
May 10, 2024 04:03 PM AEST| By Team Kalkine MediaIn a turnaround from earlier losses, the S&P/ASX 200 Index is making gains in afternoon trade, rising 0.42% to 7,754.2 points on Friday. Several ASX-listed companies are outperforming the broader market, with their shares experiencing notable increas...
ASX Gold Sub-Index Surges Amid Interest Rate Speculations, NST and EVN gains over 1%
May 10, 2024 04:02 PM AEST| By Team Kalkine MediaThe Australian gold sub-index surged by up to 1.77% on Friday, reaching its peak level since 1 May, driven by a rally in gold prices amid speculations of an impending interest rate cut by the Federal Reserve. This surge follows a boost in economic da...
A Closer Look into ASX Shares Facing Friday Slump
May 10, 2024 03:34 PM AEST| By Team Kalkine MediaAs the S&P/ASX 200 Index is gaining traction on Friday, soaring by 38.70 points or 0.50% to 7,760.30 and crossing above its 50-day moving average in afternoon trading. However, not all ASX shares are basking in the market's upward momentum. Here, we...
Why is Life360's (ASX:360) share price experiencing a downturn today?
May 10, 2024 02:53 PM AEST| By Team Kalkine MediaLife360 Inc, (,ASX: 360,), recently unveiled its quarterly report, sparking a notable reaction in the market. The company, specialising in location technology, witnessed its share price take a downturn, slipping by around 4% to AU$14.90 in the aftern...
Orica (ASX: ORI) Shares Surge 2.5% on Strong Half-Year Results: Here's What Investors Need to Know
May 09, 2024 03:57 PM AEST| By Team Kalkine MediaIn today's trading session, shares of Australia's mining solutions provider Orica (,ASX: ORI,) experienced a notable increase, rising by as much as 0.30% to AU$18.36. This marks their most significant intraday percentage gain since February 15, refle...
JB Hi-Fi (ASX: JBH) Shares Slide Over 4% on Weaker Q3 Sales: Here's What Investors Need to Know
May 09, 2024 03:50 PM AEST| By Team Kalkine MediaIn today's trading session, shares of Australian electronics retailer JB Hi-Fi (,ASX: JBH,) experienced a significant decline, dropping by as much as 4.55% to AU$57.24 apiece. This marks their steepest intraday drop since mid-June 2022, highlighting...
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ARB Corp (ASX: ARB) Faces Setback as Shares Decline Amid Slower Sales: Here's Why
May 09, 2024 03:39 PM AEST| By Team Kalkine MediaIn today's (9 May 2024) trading session, shares of auto accessories firm ARB Corp (,ASX: ARB,) have experienced a downturn, dropping by as much as 3.5% to AU$37.550. If this trend persists, the company is poised to record its worst day since 19 April...
Westpac Banking Corp (ASX: WBC) Share Price Dips: Here's Why
May 09, 2024 03:21 PM AEST| By Team Kalkine MediaIf you've glanced at the Westpac Banking Corp (,ASX: WBC,) share price today and noticed a significant decline, fear not. There's a straightforward explanation behind the downturn, offering some relief to concerned investors.,As of afternoon, trading...
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