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Geopolitical unrest boosts Australian energy stocks to multi-month highs
April 03, 2024 04:55 PM AEDT| By Team Kalkine MediaAustralian energy stocks, represented by the XEJ sub-index, have surged by as much as 0.055%, reaching their highest level since February 9. This upward momentum positions the sub-index for its sixth consecutive session of gains if the current trend...
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Australian gold stocks decline to multi-month highs amidst geopolitical tensions
April 03, 2024 04:52 PM AEDT| By Team Kalkine MediaAustralian gold stocks, represented by the XGD sub-index, have declined by as much as 0.61%. This uptrend signals the sub-index's potential sixth consecutive session of gains if the current trajectory persists.,The rally in Australian gold stocks com...
Top ASX Stocks for this Month
April 03, 2024 04:48 PM AEDT| By Team Kalkine MediaIf you've been hesitant to dive into the market and missed out on the 3.45% gains already delivered by the S&P/ASX 200 Index (ASX: XJO) so far in 2024, don't worry! Now is an excellent time to consider adding some new investments to your portfolio.,H...
Australian technology stocks plunge amidst market uncertainty
April 03, 2024 04:47 PM AEDT| By Team Kalkine MediaAustralian technology stocks have experienced a significant decline of 3.95% on Wednesday, marking their worst performance since November 9, 2023, if losses persist. This downturn has pushed the sub-index to its lowest level since February 29, mirror...
Ramelius Resources (ASX: RMS) reports record quarterly gold production, ASX 200 stock surges
April 03, 2024 04:43 PM AEDT| By Team Kalkine MediaShares of ASX 200 gold miner Ramelius Resources Ltd (,ASX: RMS,) are soaring once again today following the announcement of record quarterly gold production. Closing at AU$1.81 yesterday, the stock surged to AU$1.95 on Wednesday, marking a remarkable...
Turnaround in iron ore futures pushes Australian mining stocks higher
April 02, 2024 03:56 PM AEDT| By Team Kalkine MediaAustralian mining stocks surged as much as 1.35% on Monday, reaching their highest level since February 20. The rise in mining equities was primarily fueled by a turnaround in iron ore futures, which initially experienced losses but rebounded later i...
Orora (ASX: ORA) downgrades its FY24 earnings forecast, share price drops by over 12%
April 02, 2024 01:22 PM AEDT| By Team Kalkine MediaThe Orora Ltd (,ASX: ORA,) stock is facing a challenging start to the week, plummeting by 12.87% to reach a 52-week low of AU$2.28 in morning trade on the ASX 200.,The drastic decline in the ASX 200 stock's value is attributed to investors hastily se...
Bullion Soars to Record High, Boosting Australian Gold Stocks on Monday
April 02, 2024 01:18 PM AEDT| By Team Kalkine MediaAustralian gold stocks surged by as much as 2.62%, reaching their peak levels since December 29, 2023, propelled by record-high gold prices on Monday. There's a growing anticipation in the market that the U.S. Federal Reserve might implement the firs...
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Increase in crude price drives Australian energy index, up 1.3%
April 02, 2024 12:10 PM AEDT| By Team Kalkine MediaAustralian energy stocks surged by as much as 1.3%, reaching their peak levels since February 9. The sub-index marked its fifth consecutive session of extending gains.,This upward trajectory in energy stocks followed a 1% increase in crude prices, dr...
Treasury Wine Estates Ltd (ASX: TWE) seeks to expand its portfolio in China
April 02, 2024 12:08 PM AEDT| By Team Kalkine MediaTreasury Wine Estates Ltd (,ASX: TWE,) share price is making gains on Tuesday's trading session. As of the morning session, the wine company's shares have climbed 2.25% to reach AU$12.73 apiece.,Investors are showing confidence in the company today f...
Austal (ASX: ASB) shares jump over 10% on Hanwha Ocean’s takeover update
April 02, 2024 11:40 AM AEDT| By Team Kalkine MediaAustralian shipbuilder Austal (,ASX: ASB,) announced on Tuesday that it had turned down a takeover bid worth AU$1.02 billion ($661.9 million) from South Korea's Hanwha Ocean (042660.KS) due to concerns about regulatory approval in Australia and the U...
Paladin Energy (ASX: PDN) share price surges as production commences at Langer Heinrich Mine
April 02, 2024 11:38 AM AEDT| By Team Kalkine MediaPaladin Energy Ltd (,ASX: PDN,) has kicked off the shortened trading week with an impressive start, as its share price climbs by a notable 5.11% to AU$1.44 apiece in morning trade on 2 April 2024. This surge stands out amidst a relatively flat perfor...
Three ASX shares see red as market ends the week on a positive note
March 28, 2024 06:26 PM AEDT| By Team Kalkine MediaThe S&P/ASX 200 Index concluded the shortened week on a positive note, howevr several ASX shares experienced declines. The benchmark index closed 0.99% higher at 7,896.90 points, indicating overall market resilience amidst individual stock movements....
MSB, NEM and PLS: Three ASX stocks delivers notable gains on Thursday
March 28, 2024 06:24 PM AEDT| By Team Kalkine MediaASX shares are wrapping up the week on a strong note, with the S&P/ASX 200 Index enjoying a robust session on Thursday. The benchmark index surged by 0.99% to reach 7,896.90 points.,Several ASX shares stand out today, exhibiting notable gains. Here's...
Beach Energy (ASX: BPT) implements workforce reduction as part of strategic review
March 28, 2024 06:09 PM AEDT| By Team Kalkine MediaAustralian oil and gas producer Beach Energy (,ASX: BPT,) unveiled plans on Thursday to reduce its workforce by 30% as a pivotal component of its strategic review aimed at enhancing efficiency and curbing operational costs.,The decision comes after t...
Don Lindsay joins BHP (ASX: BHP) board as nonexecutive director
March 28, 2024 06:06 PM AEDT| By Team Kalkine MediaGlobal mining giant BHP (,ASX: BHP,) made waves on Thursday with the announcement of Don Lindsay, the former CEO of Teck Resources, joining its board as a nonexecutive director effective May 1. Lindsay, boasting a remarkable 17-year tenure leading Te...
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Australian stock market hits record high amidst holiday optimism
March 28, 2024 06:03 PM AEDT| By Team Kalkine MediaAustralian shares surged to an all-time high on Thursday, with most sectors trading positively as investors remained upbeat ahead of a long holiday weekend. The S&P/ASX 200 index rose by 0.99% to reach 7,896.90. March has seen a notable increase of 2...
Charter Hall Retail REIT (ASX: CQR) shares surge on Thursday following strategic investment moves
March 28, 2024 05:58 PM AEDT| By Team Kalkine MediaIn a notable development, shares of Charter Hall Retail REIT (,ASX: CQR,) experienced a substantial rise, climbing as much as 0.82% to AU$3.71, marking their highest level since February 19th.,The surge in Charter Hall Retail REIT shares comes on the...
Australian gold stocks surge on Friday, boosted by rising gold prices
March 28, 2024 05:39 PM AEDT| By Team Kalkine MediaIn a promising turn of events, Australian gold stocks experienced a significant surge, climbing as much as 2.53% to 7,242.30 points and reaching their highest level since January 3rd. The sector's sub-index is poised for its best performance since Ma...
Platinum Asset (ASX: PTM) plummets 21% on Wednesday. Here’s why.
March 27, 2024 05:15 PM AEDT| By Team Kalkine MediaShares of Platinum Asset Management (,ASX: PTM,), one of Australia's prominent investment firms, experienced a significant downturn on Wednesday, plummeted by 21.07% to AU$1.013. This decline marks the largest intraday percentage fall since March 14,...
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