Stocks
CBA shares slide 3% due to half-year profit drop and margin challenges.
February 14, 2024 07:54 PM AEDT| By Team Kalkine MediaOn Wednesday morning, Commonwealth Bank of Australia (,ASX: CBA,) shares experienced a notable decline, dropping 3% to $112.65 in early trade. This downward movement follows a broader market selloff driven by concerns over inflation, compounded by th...
AMP shares surge 10% on strong 2023 earnings.
February 14, 2024 07:52 PM AEDT| By Team Kalkine MediaToday, investors witnessed a significant rally in the AMP Ltd (,ASX: AMP,) share price, spurred by the release of the company's full-year results for 2023. The financial stock, part of the S&P/ASX 200 Index (ASX: XJO), closed yesterday at 97 cents pe...
Get an Exclusive Peek into BHP's First-Half Results!
February 14, 2024 06:29 PM AEDT| By Team Kalkine MediaInvestors will eagerly await the release of BHP Group Ltd (,ASX: BHP,) half-year results next week, as the mining giant is expected to unveil its financial performance on Tuesday, February 20.,With iron ore prices maintaining robust levels in the fir...
Is Metcash Shares a Smart Buy with its Attractive 6% Dividend Yield?
February 14, 2024 06:28 PM AEDT| By Team Kalkine MediaLooking at Metcash Limited (,ASX: MTS,) today, one can't miss the company's impressive dividend yield, which stands out among its peers in the ASX 200 consumer staples sector.,Despite the broader market downturn, Metcash has experienced a decline of...
How Shelf Price Cuts Might Affect Stock Value
February 14, 2024 06:26 PM AEDT| By Team Kalkine MediaColes Group Ltd (,ASX: COL,) shares have experienced a decline of more than 10% over the past six months, signaling potential economic challenges for the ASX-listed supermarket chain, especially if consumer prices begin to fall.,In recent years, ther...
DHG and GNC: Two ASX stocks closed in red on Wednesday
February 14, 2024 05:24 PM AEDT| By Team Kalkine MediaThe ASX 200 index faces a notable downturn today following a Wall Street selloff. However, amidst the market challenges, three ASX 200 shares stand out with substantial declines. Let's delve into the details of Domain Holdings Australia Ltd (,ASX: DH...
Evolution Mining (ASX: EVN) records 4% fall in half-year profit, shares react
February 14, 2024 05:17 PM AEDT| By Team Kalkine MediaThe market witnessed a significant dip in Evolution Mining (,ASX: EVN,) shares, falling by 1.32% to close at AU$2.99 apiece. In this article, we'll delve into the key factors influencing this downturn, providing a snapshot of EVN's half-yearly perfor...
Seven Group (ASX: SVW) upgrades FY24 guidance, expects 20-24% EBIT growth
February 14, 2024 05:08 PM AEDT| By Team Kalkine MediaSeven Group Holdings Ltd (,ASX: SVW,) has recently announced upgraded guidance for FY24, promising mid to high-teen EBIT growth. This marks a significant development, reflecting the company's resilience and positive performance in a dynamic market. L...
AMP’s (ASX: AMP) platform business boosts FY23 profit by AU$90M
February 14, 2024 05:05 PM AEDT| By Team Kalkine MediaAMP Ltd (,ASX: AMP,) has witnessed a substantial surge, with its shares soaring by an impressive 10.31% to AU$1.07 piece on 14 February 2024.,The Australian wealth manager has reported a noteworthy underlying net profit after tax of AU$196 million ($...
Downer EDI (ASX: DOW) returns to profit in latest half, share up 11%
February 14, 2024 04:49 PM AEDT| By Team Kalkine MediaDowner EDI Ltd (,ASX: DOW,) shares captured attention on Wednesday, closing at notable increase of 11.14% to AU$4.79 as of the latest update.,Highlights of ASX 200 Stock Report,Investors are making a rush to acquire shares of this integrated services...
IDP Education’s (ASX: IEL) half-year net profit increased by 18%, shares jump
February 14, 2024 04:39 PM AEDT| By Team Kalkine MediaIDP Education (,ASX: IEL,), a prominent foreign student placement provider, has recently witnessed a remarkable surge in its stock, with shares jumping as much as 8.30% to AU$21.92 apiece on 14 February 2024. In this article, we will delve into the f...
Dexus (ASX: DXS) expects to distribute 48 cents of dividend in FY24
February 14, 2024 04:35 PM AEDT| By Team Kalkine MediaIn the dynamic landscape of fiscal projections, Dexus (,ASX: DXS,) stands as a key player, steering through economic shifts and property market fluctuations.,Dexus anticipates distributions of approximately 48.0 AU cents per security for the 12 month...
CGF, HSN and JBH: Three ASX stocks trading in green on Tuesday
February 13, 2024 04:26 PM AEDT| By Team Kalkine MediaThe S&P/ASX 200 Index declined by 0.15% to 7,603.60 points on 13 February 2024. Despite the challenges, several ASX-listed companies are standing out today, showcasing noteworthy gains. Here's a closer look at four stocks that are outperforming the b...
Strike Energy (ASX: STX) faces setback in South Erregulla-3, share price falls
February 13, 2024 04:14 PM AEDT| By Team Kalkine MediaIn a surprising turn of events, Australia's energy exploration company, Strike Energy (,ASX: STX,), experiences a sharp decline, plummeting as much as 31% to AU$0.290 on 13 February 2024.,The impact of this downturn is further magnified as STX claims...
James Hardie Industries (ASX: JHX) flags uncertainty in housing market
February 13, 2024 04:09 PM AEDT| By Team Kalkine MediaIn a noteworthy turn of events, shares of ASX-listed James Hardie Industries (,ASX: JHX,) have experienced a substantial dip on 13 February 2024, slipping as much as 7.1% to AU$55.00. This decline represents the most significant intraday percentage f...
Challenger (ASX: CGF) registers NPAT of AU$56M in latest half, up 80% YoY
February 13, 2024 04:05 PM AEDT| By Team Kalkine MediaInvestors in Challenger Ltd (,ASX: CGF,) are witnessing a remarkable surge as the stock climbs by as much as 9.9%, reaching AU$7.23 during morning trading hours on 13 February 2023.,Challenger Ltd, the renowned investment management company, has rece...
Seek (ASX: SEK) shares trading in red on Tuesday. Detail’s here.
February 13, 2024 04:01 PM AEDT| By Team Kalkine MediaIn a surprising turn of events, the shares of Seek (,ASX: SEK,) have taken a nosedive, slumping as much as 13.3% to AU$23.26 on 13 February 2024. This article aims to delve into the intricacies of this market turmoil, exploring the factors contributi...
The Macquarie Group Ltd (ASX: MQG) Share Price Plunge: Unraveling the Reasons
February 13, 2024 03:54 PM AEDT| By Team Kalkine MediaIn a surprising turn of events, The Macquarie Group Ltd (,ASX: MQG,) witnessed a sharp decline in its share price on Tuesday. As morning trade unfolded, the investment bank's shares plummeted by over 4%, reaching AU$180.01. This unexpected downturn h...
Breville (ASX: BRG) shares nosedive on half-yearly results
February 13, 2024 03:49 PM AEDT| By Team Kalkine MediaThe Breville Group Ltd (,ASX: BRG,) witnessed a significant downturn in its share price on 13 February 2024, plummeting by 13% to AU$23.72 during morning trading hours. This drastic drop followed the release of Breville's half-year results, unveiling...
Temple & Webster reports half-year revenue of $254 million, up by 23%.
February 13, 2024 02:34 PM AEDT| By Team Kalkine MediaTemple & Webster (,ASX : TPW,), the leading online retailer of furniture and homewares in Australia, has reported robust financial results for the half-year period ending in December. The company revealed a significant surge in revenue, reaching $254...
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