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ABB, LTR and MAC: Three ASX stocks ended in red on Tuesday
March 19, 2024 05:52 PM AEDT| By Team Kalkine MediaToday's trading session on the Australian Securities Exchange (ASX) has seen a mixed performance, with the S&P/ASX 200 Index poised to register a marginal uptick. On 19 March 2024, the benchmark index closed 0.36% higher at 7,703.20 points.,Despite t...
ASX mining shares jump on Tuesday after iron ore prices surge
March 19, 2024 05:44 PM AEDT| By Team Kalkine MediaAustralian mining stocks, represented, experienced a notable uptick, climbing by as much as 2.23% to reach 5,727.90 points on Tuesday. This surge in mining equities was largely attributed to various factors driving positive sentiment within the secto...
Graincorp (ASX: GNC) investors face uncertain dividend outlook in 2024
March 19, 2024 05:35 PM AEDT| By Team Kalkine MediaInvestors who have stakes in Graincorp Ltd (,ASX: GNC,) witnessed a relatively positive trajectory in 2023, but the year 2024 seems to be presenting a different narrative. Throughout the current year, Graincorp shares have demonstrated resilience, cl...
Considering BHP shares? This is a must-read.
March 19, 2024 03:26 PM AEDT| By Team Kalkine MediaBHP Group Ltd (,ASX: BHP,) shares are experiencing a positive uptick today, contrasting with the broader movement of the ASX 200 Index (ASX: XJO), which is slightly down. BHP's shares closed yesterday at $42.41 and have risen to $42.73 in late mornin...
REA and BHP Group Ltd: 2 ASX shares to explore
March 19, 2024 03:24 PM AEDT| By Team Kalkine MediaThe Rea Group Ltd (,ASX: REA,) share price has seen a significant surge of 63.8% since the beginning of 2024, reflecting its strong performance in the real estate advertising sector. Founded in 1995 and majority-owned by News Corp, REA Group operates...
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ASX property shares suffer on Monday. Here’s why.
March 18, 2024 07:49 PM AEDT| By Team Kalkine MediaMonday proved to be a challenging day for investors holding property shares, as the ASX experienced another turbulent session. The S&P/ASX 200 Index (ASX: XJO) climbed by 0.072%. However, the real estate sector bore the brunt of the sell-off, with th...
Qantas (ASX: QAN) faces legal battle over illegal job outsourcing: major union demands compensation
March 18, 2024 07:48 PM AEDT| By Team Kalkine MediaIn a significant legal battle, the Transport Workers Union (TWU) is spearheading efforts to hold Qantas (,ASX: QAN,) accountable for what it considers the largest case of illegal job outsourcing in Australia's corporate history. The lawsuit stems fro...
Mineral Resources (ASX: MIN) share price jumps on proposed lithium acquisition
March 18, 2024 07:47 PM AEDT| By Team Kalkine MediaThe trading floors of the ASX 200 are buzzing with activity today as investors eagerly bid up the share price of Mineral Resources Ltd (,ASX: MIN,). Amidst the fluctuating market conditions, Mineral Resources is standing out as a beacon of opportunit...
Poseidon Nickel (ASX: POS) to sell Lake Johnston project for AU$14M
March 18, 2024 07:45 PM AEDT| By Team Kalkine MediaPoseidon Nickel Limited (,ASX: POS,) has recently announced a significant development, revealing that it has entered into a binding head of agreement to sell its Lake Johnston project to Mineral Resources Limited. This proposed divestment marks a str...
BMN, CTT and TNE: Three ASX shares show resilience on Monday
March 18, 2024 07:43 PM AEDT| By Team Kalkine MediaDespite a modest decline in the S&P/ASX 200 Index in afternoon trade, several ASX shares are bucking the trend and posting gains today. As of the latest update, the benchmark index closed 0.072% up to 7,675.80 points, yet specific stocks are demonstr...
EML Payments (ASX: EML) soars on Friday amid strategic asset sale
March 15, 2024 06:13 PM AEDT| By Team Kalkine MediaEML Payments (,ASX: EML,) shares experienced a notable surge on Friday, climbing by as much as 11.50% to reach AU$1.26 apiece, marking their highest level since November 10, 2023. This significant uptick in share price followed the announcement from...
PLS, SYR and TAH: Three ASX shares ended this week in red
March 15, 2024 06:12 PM AEDT| By Team Kalkine MediaSeveral ASX-listed shares are seeing significant declines as the week draws to a close. On 15 Mrach 2024, the S&P/ASX 200 Index finished the week deep in negative territory, down by 0.56% to 7,670.3 points.,Among the notable decliners, three ASX shar...
Australian mining index dropped on Friday. BHP (ASX: BHP) and Rio (ASX: RIO) closed in red.
March 15, 2024 05:59 PM AEDT| By Team Kalkine MediaAustralian mining stocks experienced a significant decline, with the (INDEXASX: XMM) index falling by as much as 2.02%. This downward trend was driven by a variety of factors, including continued pressure on Dalian iron ore futures prices due to subd...
Tabcorp Holdings (ASX: TAH) CEO resignation sparks share price plunge
March 15, 2024 05:44 PM AEDT| By Team Kalkine MediaShares of Tabcorp Holdings (,ASX: TAH,) in Australia witnessed a sharp decline of over 5% on Friday, following the resignation of the company's CEO, Adam Rytenskild. The resignation came after the board became aware of allegations regarding the use o...
Block Inc (ASX: SQ2) and WiseTech Global (ASX: WTC) shares fall on Friday. Here’s why.
March 15, 2024 05:39 PM AEDT| By Team Kalkine MediaThe Australian technology sub-index experienced a notable decline on 15 March 2024, slipping by as much as 0.86 %. This downturn was largely attributed to overnight losses observed in the technology sector on Wall Street.,ASX-listed shares of Block I...
Inflationary pressures shake Australian gold stocks
March 15, 2024 05:33 PM AEDT| By Team Kalkine MediaAustralian gold stocks experienced a 2.20% decline, mirroring the drop in the prices of the precious metal on Friday. This downturn came as gold prices were poised for a weekly decrease, driven by unexpectedly high U.S. inflation data, prompting trad...
Liontown Resources (ASX: LTR) experienced increase in losses in the 1HFY24 due to heightened investment activities
March 15, 2024 05:25 PM AEDT| By Team Kalkine MediaAustralian lithium miner Liontown Resources (,ASX: LTR,) reported a significant increase in its half-year loss on Friday, citing elevated costs as it approaches the commencement of production at its flagship Kathleen Valley project, coupled with heig...
Origin Energy (ASX: ORG) sparks volatility in ASX telecommunications stocks
March 14, 2024 06:01 PM AEDT| By Team Kalkine MediaThursday witnessed significant movements in the telecommunications industry, with contrasting fortunes for Superloop Ltd (,ASX: SLC,) and Aussie Broadband Ltd (,ASX: ABB,) shares. The direction of these stocks seemed to hinge on developments involvin...
Appen Ltd (ASX: APX) shares plunge amidst takeover drama
March 14, 2024 06:00 PM AEDT| By Team Kalkine MediaThe journey for Appen Ltd (,ASX: APN,) shares has been nothing short of a rollercoaster this week, with volatility stemming from speculation regarding the artificial intelligence (AI) data services company's potential takeover. The excitement reached...
APX, ABB and CXO: Three ASX shares experience declines amidst rough Thursday trading session
March 14, 2024 05:59 PM AEDT| By Team Kalkine MediaThe Australian Securities Exchange (ASX) is witnessing a challenging trading session on Thursday, with the S&P/ASX 200 Index poised to register a slight decline. The benchmark index has dipped marginally by 0.20% to 7,713 points on 14 March 2024.,Sev...
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