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What’s happening in Australian stock market on Monday?
March 04, 2024 02:23 PM AEDT| By Team Kalkine MediaThe Australian stock market experienced a plateau in trading on Monday, following a record high. This article delves into the intricate details of this market scenario, shedding light on the influences of miners, financials, and key growth data antic...
Ronnie Beevor Joins Champion Iron (ASX: CIA)
March 04, 2024 02:16 PM AEDT| By Team Kalkine MediaIn a strategic move, Champion Iron Limited (,ASX: CIA,) proudly introduces Mr. Ronnie Beevor to its esteemed Board of Directors, effective immediately. This appointment brings forth a wealth of over 40 years in investment banking and the mining secto...
Shares of South32 (ASX: S32) Records 1.49% Dip on Monday. Here’s why.
March 04, 2024 02:11 PM AEDT| By Team Kalkine MediaThe financial market witnessed a minor setback as the shares of Australia's South32 (,ASX: S32,) experienced a modest 1.49% dip, reaching AU$2.98 apiece. This underperformance, particularly in the broader mining sub-index (AXMM), raises eyebrows but...
Japan's Electric Power Giant J-Power Makes a Splash with a Bid for Genex Power (ASX: GNX)
March 04, 2024 02:04 PM AEDT| By Team Kalkine MediaJapan's Electric Power Development, also known as J-Power, is making headlines as it lodged a substantial AU$380.9 million ($248.69 million) bid for the Australian renewable energy firm Genex Power (,ASX: GNX,). This move reflects Japan's growing app...
What’s driving Westpac (ASX: WBC) shares today?
March 04, 2024 01:56 PM AEDT| By Team Kalkine MediaInvestors are witnessing another milestone in the financial world as the S&P/ASX 200 Index sets a new record high at 7,768 points. Notably, Westpac Banking Corp (,ASX: WBC,) follows suit with a fresh 52-week high, reaching $26.60 per share. The stock...
E&P Capital Shares Positive Outlook for Tabcorp (ASX: TAH)
March 04, 2024 01:48 PM AEDT| By Team Kalkine MediaIn a market where every move counts, the recent surge of Tabcorp's (,ASX: TAH,) shares to 0.27% at AU$0.74 (on 4 March 2024) has captured the attention of investors. This surge comes as E&P Capital re-launches coverage on the bookmaker, assigning a n...
Analysts at Macquarie Raise Price Target on Xero (ASX: XRO)
March 04, 2024 01:37 PM AEDT| By Team Kalkine MediaIn the dynamic world of tech investments, one company making headlines is Xero (,ASX: XRO,). Macquarie analysts recently sparked considerable interest by raising the price target on Xero's stock from AU$87 to an impressive AU$152.60. This move, howev...
The ASX 200 Rockets to New Heights: A Record-Breaking Friday
March 01, 2024 12:29 PM AEDT| By Team Kalkine MediaThe,ASX,200 has set the financial world abuzz with its remarkable performance on Friday morning. As the S&P/ASX 200 Index soared to new all-time highs, investors eagerly watched the market dynamics unfold. In this comprehensive article, we delve into...
Up 12%: Shares of Platinum Asset Management (ASX: PTM) gain on turnaround program
March 01, 2024 12:17 PM AEDT| By Team Kalkine MediaIn a decisive move towards rejuvenation, Platinum Asset Management (,ASX: PTM,) has embarked on a transformative journey, unveiling a turnaround program following the release of its half-year earnings. The strategic initiative aims to breathe new lif...
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Exploring the Surge in the Australian Gold Sub-Index on Friday
March 01, 2024 11:57 AM AEDT| By Team Kalkine MediaIn the dynamic realm of financial markets, the Australian gold sub-index (INDEXASX: XGD) has recently taken center stage, showcasing a remarkable upswing of 1.59% on 1 March 2024. This surge comes on the heels of various market catalysts that have pr...
What’s behind rise in BHP Group (ASX: BHP) Shares on Friday
March 01, 2024 11:50 AM AEDT| By Team Kalkine MediaIn a noteworthy turn of events, BHP Group Ltd (,ASX: BHP,) has experienced a morning uptick, witnessing a 0.73% rise to AU$44.25 in early trade. This surge is attributed to multiple factors, including a positive performance of its NYSE-listed shares...
Why are shares of South32 (ASX: S32) on investor’s radar?
March 01, 2024 11:43 AM AEDT| By Team Kalkine MediaIn a striking turn of events, the shares of South32 (,ASX: S32,) are witnessing a significant upswing, marking a notable 2% increase for the week.,Today's trading has seen a drop of 0.5% to reach AU$2.95 apiece. This immediate positive reaction in th...
Ampol (ASX: ALD) Share Price Dive on Friday: Unpacking the Underperformance
March 01, 2024 11:35 AM AEDT| By Team Kalkine MediaThe Ampol Ltd (ASX: ALD) share price is undergoing a significant dip today, sparking concerns among investors. In this article, we'll delve into the details surrounding this market development, exploring the factors contributing to the underperforman...
Shares of Star Entertainment (ASX: SGR) surges by almost 18% in past five days. Here’s why.
March 01, 2024 11:25 AM AEDT| By Team Kalkine MediaIn a stellar performance, the shares of Star Entertainment (,ASX: SGR,) have surged by an impressive around 18% this week. Let's delve into the factors propelling this surge and the insights that investors need to navigate this dynamic market.,Breaki...
Xero (ASX: XRO) shares FY25-27 strategy, aspires for future growth
February 29, 2024 06:29 PM AEDT| By Team Kalkine MediaThe Xero Ltd (,ASX: XRO,) shares closed 0.24% up at AU$127.31 apiece on Thursday. However, during the morning trading session, XRO share price marked a drop of 1.5% due to setback in technology sector, overshadowing the release of the company's FY25-...
South32's (ASX: S32) Stocks Soar 4% Amidst Major Deal
February 29, 2024 06:20 PM AEDT| By Team Kalkine MediaIn a significant market move, shares of South32 (,ASX: S32,) witnessed an impressive rise of 4.61% on Thursday, reaching AU$2.95 apiece. This surge follows the diversified miner's announcement of a strategic deal involving its flagship Illawarra Meta...
Harvey Norman (ASX: HVN) reaffirms its position in market with robust half year results
February 29, 2024 06:12 PM AEDT| By Team Kalkine MediaHarvey Norman Holdings Ltd (,ASX: HVN,), a stalwart in the retail industry, has reported a robust HY Profit After Tax & NCI of AU$200.01 million, reaffirming its position as a key player in the market. Let's delve into the financial intricacies and s...
Atlas Arteria Group (ASX: ALX) Achieves FY Statutory Net Profit After Tax of AU$256.3M
February 29, 2024 06:03 PM AEDT| By Team Kalkine MediaAtlas Arteria Group (,ASX: ALX,) has demonstrated remarkable financial prowess, reporting a FY Statutory Net Profit After Tax of AU$256.3 million, a substantial increase from the previous AU$241.0 million. This stellar performance is a testament to t...
Medibank Private (ASX: MPL) experiences volatile trading day on Thursday. Here’s why.
February 29, 2024 05:59 PM AEDT| By Team Kalkine MediaThe S&P/ASX 200 Index is showing signs of volatility, experienced a 0.50% gain on Thursday to close at around 7,698 points. In this article, we'll dissect the dynamics of Medibank Private Ltd's (,ASX: MPL,) share price, which, at first glance, seems...
Ramsay Health Care (ASX: RHC) Sees Soaring Shares on Impressive Half-year Profits
February 29, 2024 05:51 PM AEDT| By Team Kalkine MediaShares of Ramsay Health Care (,ASX: RHC,) have witnessed a remarkable surge ON 29 February 2024, leaping as much as 7.27% to AU$54.91 apiece. Let's delve into the key factors driving this surge and what it means for investors.,Ramsay Health Care's St...
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