Stocks
Ampol (ASX: ALD) Delivers Stellar Financial Performance, Shares React
February 19, 2024 05:48 PM AEDT| By Team Kalkine MediaIn a remarkable turn of events, shares of Ampol Ltd (,ASX: ALD,) experienced an impressive surge of 0.77% on 19 February 2024, reaching an all-time high of AU$37.88 apiece. Let's delve into the key factors propelling this notable ascent.,Financial Tr...
Mining Sector Shines on Monday, A2 Milk Skyrockets 12%
February 19, 2024 05:36 PM AEDT| By Team Kalkine MediaIn the dynamic world of Australian stocks, Monday witnessed a notable upswing, marking the third consecutive session of gains. Let's delve into the key movers and shakers influencing the market.,S&P/ASX 200 Index Shows Resilience,The S&P/ASX 200 inde...
3 Australian value stocks worth buying at present
February 19, 2024 05:30 PM AEDT| By Team Kalkine MediaWhen considering,ASX value stocks,, I focus on businesses with relatively low price/earnings (P/E) ratios that have the potential to trade at higher valuations. Additionally, I favor companies that pay dividends, as a low valuation often corresponds...
ASX 200 energy stock Ampol surges on record 2023 sales
February 19, 2024 05:28 PM AEDT| By Team Kalkine MediaAmpol Ltd (,ASX:ALD,), a key player in the energy sector listed on the S&P/ASX 200 Index (ASX: XJO), has shown significant gains in today's trading session. With shares closing at $37.59 on Friday, the petroleum refiner and fuel distributor has seen...
Cochlear Limited (ASX: COH) shares dropped on Monday. Here’s why.
February 19, 2024 05:16 PM AEDT| By Team Kalkine MediaCochlear Limited's (,ASX: COH,) shares experienced a decline on Monday (19 February 2024), despite the release of its latest earnings report covering the six months to 31 December. Let's delve into the key aspects influencing this market movement.,Ea...
Why are Westpac shares outpacing other ASX 200 bank stocks on Monday?
February 19, 2024 04:22 PM AEDT| By Team Kalkine MediaWestpac Banking Corp (,ASX: WBC,) is making headlines today as its shares surge ahead of other major bank stocks on the S&P/ASX 200 Index (ASX: XJO). In early afternoon trading, Westpac's stock is up by 2.4% to reach $25.17 per share.,Meanwhile, its...
Hunting passive income? Explore record Ampol dividend details
February 19, 2024 04:20 PM AEDT| By Team Kalkine MediaAmpol Ltd (,ASX: ALD,) investors received some positive news today as the energy stock announced its all-time high final dividend, making it an attractive option for passive income investors.,In its full-year results reported this morning, the S&P/AS...
Star Group's share price stalls due to ongoing Sydney license uncertainty
February 19, 2024 04:18 PM AEDT| By Team Kalkine MediaThe Star Entertainment Group Ltd (,ASX: SGR,) found itself in a trading halt on Monday following concerning developments. The halt came after the company received correspondence from the NSW Independent Casino Commission (NICC) on 19 February 2024, i...
BHP boosts provision for Brazilian dam disaster by US$2.8 billion
February 16, 2024 07:20 PM AEDT| By Team Kalkine MediaBHP's Brazilian subsidiary has increased its provision for the 2015 Samarco dam disaster by 75% to US$6.5 billion ($10 billion) after a recent court decision against the company and its joint venture partners. The Federal Court in Brazil found Samarc...
Morgan Stanley analysts favor Rio Tinto over BHP.
February 16, 2024 07:18 PM AEDT| By Team Kalkine MediaBHP (,ASX: BHP,) has long been regarded as a mining powerhouse capable of weathering various challenges, from adverse weather conditions to legal disputes. However, recent developments suggest that even BHP may face significant hurdles.,On Thursday,...
ING, IAG and NEU: Three ASX stocks underperforming benchmark index
February 16, 2024 04:45 PM AEDT| By Team Kalkine MediaAs we navigate through the week, the benchmark index is currently showcasing a remarkable 0.69% upswing on 16 February 2024. This article delves into the market dynamics, focusing on the notable uptrend, while also shedding light on four ASX shares t...
Investing in Altium shares during a major takeover deal? Here's the scoop.
February 16, 2024 04:39 PM AEDT| By Team Kalkine MediaAltium Limited (,ASX: ALU),has experienced a remarkable week, with its shares surging by 28% after accepting a takeover offer. Over the past month, Altium's stock has soared by 43%, and in the span of six months, it has seen an impressive 79% increas...
FBU, GQG and PLS: Three ASX stocks making strides on Friday
February 16, 2024 04:39 PM AEDT| By Team Kalkine MediaOn 16 February 2024, the S&P/ASX 200 Index is making noteworthy gains, showcasing a 0.69% surge to reach 7,658.3 points. Let's delve into the key performers driving this upward momentum.,Fletcher Building Ltd (,ASX: FBU,),The Fletcher Building share...
ASX mining shares rise as Labor plans multibillion renewables investment
February 16, 2024 04:37 PM AEDT| By Team Kalkine MediaToday, Australia's major,mining stocks,are on the rise, echoing the positive momentum of the S&P/ASX 200 Index (ASX: XJO) on Friday.,As of the latest update, the ASX 200 has seen a 0.43% increase.,Leading the charge among ASX-listed mining giants are...
ASX (ASX: ASX) shares shed over 4% on Friday. Details here.
February 16, 2024 04:27 PM AEDT| By Team Kalkine MediaIn the fast-paced world of financial markets, the Australian Securities Exchange (ASX) plays a crucial role in shaping investor sentiment and market trends. Today, we delve into the recent tumble in the shares of ASX Ltd (,ASX: ASX,), exploring the f...
PolyNovo (ASX: PNV) secures largest single order, shares jump
February 16, 2024 12:20 PM AEDT| By Team Kalkine MediaShares of PolyNovo (,ASX: PNV,) have witnessed a surge of 3.8% on Friday morning, reaching AU$2.040. This remarkable trajectory is attributed to the medical device maker's recent announcement of securing its largest single order, a significant milest...
QBE Insurance Group (ASX: QBE) reports more than full year doubled profits, shares jump
February 16, 2024 12:14 PM AEDT| By Team Kalkine MediaAustralia's QBE Insurance Group (,ASX: QBE,) marked a spectacular achievement as its full-year profit more than doubled, reaching new heights on Friday. The surge in profitability was fueled by increased income from premiums and reduced claims, prima...
Jefferies increases price target of Wesfarmers (ASX: WES), gives hold rating
February 16, 2024 12:09 PM AEDT| By Team Kalkine MediaIn a recent development, Jefferies has raised the price target (PT) for Australian retail conglomerate Wesfarmers Ltd (,ASX: WES,) from AU$57.00 to AU$60.00 while retaining a "hold" rating. This article delves into the factors driving this PT hike an...
Insurance Australia Group’s (ASX: IAG) NPAT dips by 13% in recent half, share price falls
February 16, 2024 11:58 AM AEDT| By Team Kalkine MediaOn Friday morning, the share price of Insurance Australia Group Ltd (,ASX: IAG,) is experiencing a decline. At the time of writing, the company's shares have dropped by 6% to AU$5.96, following the release of its half-year results.,Key financial high...
Altium shares surge on $9.1 billion takeover deal.
February 15, 2024 08:07 PM AEDT| By Team Kalkine MediaThe share price of Altium Ltd (,ASX: ALU,) is experiencing a significant surge on Thursday morning, skyrocketing by 31% to reach $67.00. This remarkable increase follows the acceptance of a takeover offer from Japan's Renesas Electronics Corporation,...
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