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Magmatic Resources (ASX: MAG) Shares Soar 77.8% on Fortescue Partnership
March 08, 2024 12:03 PM AEDT| By Team Kalkine MediaShares of Magmatic Resources (,ASX: MAG,) experienced an extraordinary intraday surge, reaching an impressive 77.8% increase to AU$0.08. This surge marks the most significant intraday percentage gain since August 23, 2022.,Fortescue Collaboration,Mag...
Skyrocketing Journey of Virgin Money (ASX: VUK)
March 08, 2024 12:00 PM AEDT| By Team Kalkine MediaInvestors are witnessing an unprecedented surge in the Virgin Money UK (,ASX: VUK,) share price, which has soared by an impressive 34% to AU$4.12 in morning trade. This abrupt ascent is attributed to a significant development - the bank has received...
What’s driving ASX 200 index from past few days?
March 08, 2024 11:58 AM AEDT| By Team Kalkine MediaMarch is proving to be a remarkable month for the S&P/ASX 200 Index, as it continues to break records and set new high water marks. In this article, we'll delve into the factors contributing to this unprecedented surge and explore the dynamics propel...
UBS lowers price target of Woolworths (ASX: WOW)
March 07, 2024 10:03 PM AEDT| By Team Kalkine MediaAustralia's retail giant, Woolworths (,ASX: WOW,), finds itself navigating turbulent waters as its shares dip by 0.28% on 7 March to AU$32.39 apiece. Analysts at UBS have weighed in on the situation, lowering the price target on the country's largest...
ASX 200 ends in green, backed by financial, gold and technology sectors
March 07, 2024 10:02 PM AEDT| By Team Kalkine MediaIn the dynamic world of finance, Australian shares witnessed a modest uptick on Thursday, primarily driven by notable gains in financial stocks. This positive movement comes in the wake of weaker-than-expected domestic growth data for the fourth quar...
Australian Gold Sub-Index Surges 1.81% to Reach Record High on Thursday. Here’s Why.
March 07, 2024 10:00 PM AEDT| By Team Kalkine MediaIn a remarkable surge, the Australian gold sub-index (INDEXASX: XGD) experienced a substantial 1.81% jump on Thurday. This surge comes on the back of gold's rally to a record high overnight, propelled by robust momentum driven predominantly by expect...
Four ASX Banks Soar to New Heights Amidst Market Optimism
March 07, 2024 09:59 PM AEDT| By Team Kalkine MediaThe big four bank stocks have been on an impressive ascent over the past six months, defying concerns about valuations. Despite a chorus of financial analysts urging caution, all four major Australian banks are not just in the green today but are als...
Macquarie highlights positive sentiments in lithium market, MIN, LTR, SYA and IGO trades in green
March 07, 2024 09:56 PM AEDT| By Team Kalkine MediaIn a recent turn of events, Analysts at Macquarie have shed light on the positive shift in sentiment within the broader lithium market. This article delves into the reasons behind this optimism, focusing on the supply responses initiated by Australia...
Magellan Financial Group (ASX: MFG) Surges 8% as Investors Welcome February FUM Update
March 06, 2024 06:28 PM AEDT| By Team Kalkine MediaIn a surprising turn of events, Magellan Financial Group Ltd (,ASX: MFG,) is witnessing a remarkable surge in its share price, defying the broader market trend. Let's delve into the key highlights of the February funds under management (FUM) update a...
Shares of Iress (ASX: IRE) Decline By 10.8%. Here’s Why.
March 06, 2024 06:26 PM AEDT| By Team Kalkine MediaIn a surprising turn of events, shares of Iress (,ASX: IRE,) took a significant hit, experiencing a notable decline of 6%, reaching AU$8.46 on 6 March 2024. As the fintech company emerges as one of the top losers in the ASX200 benchmark (AXJO), inves...
ANZ Group (ASX: ANZ) sheds share in AMMB Holdings Bhd
March 06, 2024 06:25 PM AEDT| By Team Kalkine MediaIn a strategic move, ANZ Group Holdings Ltd (,ASX: ANZ,) have made headlines by agreeing to sell 16.5% of the issued capital in AMMB Holdings Bhd (AmBank). This substantial move, executed via a block trade at a price of MYR3.85 per share, reflects AN...
AX1, CTT and DDR: Three ASX drops on Wednesday
March 06, 2024 06:22 PM AEDT| By Team Kalkine MediaIn the ever-shifting landscape of the Australian stock market, the S&P/ASX 200 Index experienced a rise of 0.12% on 6 March 2024, settling at 7,733 points. There are some ASX shares that are following this trend, there are others which are not. Let's...
DRO: MFG and PTM: Elevate Your Portfolio with These ASX Shares
March 06, 2024 06:19 PM AEDT| By Team Kalkine MediaThe S&P/ASX 200 index witnessed a rise of downturn by 0.12% today to 7,733.50 points, and there are three remarkable companies are charting their course towards growth. Let's delve into the reasons behind their upward trajectory.,DroneShield Ltd (,AS...
COL, LTR and LOV: Three ASX stocks ending trading session in red
March 05, 2024 05:33 PM AEDT| By Team Kalkine MediaIn a nuanced market session, the S&P/ASX 200 Index stepped into positive territory in afternoon trade but closed in red at 7,724.20 points, 0.15% lower than previous close.,Coles Group Ltd (,ASX: COL,),The Coles share price experienced a 1.20% dip, s...
DRO, HLS and NEM: Three ASX Stocks Making Waves on Tuesday's Rally
March 05, 2024 05:27 PM AEDT| By Team Kalkine MediaIn a dynamic session on Tuesday, the S&P/ASX 200 Index reached 7,724.20 points, 0.15% lower than previous close. There are three ASX shares are catching the spotlight today, each with a unique narrative fueling their ascent.,DroneShield Ltd (,ASX: DR...
ASX gold index gains over 4%: Northern Star (ASX: NST) and Evolution Mining (ASX: EVN) follows the trend
March 05, 2024 05:20 PM AEDT| By Team Kalkine MediaThe Australian gold sub-index (INDEXASX: XGD), made significant moves on 5 March 2024, soaring by an impressive 4.08% to 6,890.10.,Gold Prices Soar: Anticipation of June Interest Rate Cut,The surge in the gold sub-index aligns with gold prices reachi...
Coles (ASX: COL) Share Price Drop, Goes Ex-dividend today
March 05, 2024 05:11 PM AEDT| By Team Kalkine MediaIn today's (5 March 2024) rather sluggish trading session for the S&P/ASX 200 Index (ASX: XJO), Coles Group Ltd (,ASX: COL,) caught the attention with a notable 1.20% dip in its share price. In this article, we'll delve into the factors behind this i...
Medibank (ASX: MPL) and NIB (ASX: NHF) Shares defies benchmark index on Tuesday
March 05, 2024 05:04 PM AEDT| By Team Kalkine MediaThe S&P/ASX 200 Index might have experienced a downturn today (5 March 2024), but Medibank Private Ltd (,ASX: MPL,) and NIB Holdings Limited (,ASX: NHF,) shares are defying the trend with impressive gains. Both private health insurers are standing ou...
Shares of Healius (ASX: HLS) surges over 14% on commencement of strategic review of assets and structure
March 05, 2024 04:58 PM AEDT| By Team Kalkine MediaShares of medical centre operator Healius (,ASX: HLS,) have witnessed a remarkable surge, advancing by an impressive 14.6% to close at AU$1.29 apiece. In this comprehensive review, we delve into the various factors contributing to this notable upswin...
Dynamic Metals (ASX: DYM) Shines Bright on ASX on Tuesday
March 05, 2024 04:47 PM AEDT| By Team Kalkine MediaA little-known ASX lithium stock, Dynamic Metals Limited (,ASX: DYM,) is making waves on Tuesday, catching the attention of investors and traders alike. This surge follows the revelation of a joint venture agreement with the S&P/ASX 200 Index (ASX: X...
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