Stocks
IGO (ASX: IGO) aces South32's Court Order for Tropicana Gold Mine Royalties
February 01, 2024 06:03 PM AEDT| By Team Kalkine MediaIn a recent twist of legal affairs, battery metal producer IGO Ltd (,ASX: IGO,) finds itself served with a court order initiated by diversified miner South32 Ltd (,ASX: S32,). This legal dispute revolves around royalty payments associated with the mi...
Bell Potter Adjusts Nickel Industries' (ASX: NIC) Outlook
February 01, 2024 06:00 PM AEDT| By Team Kalkine MediaIn the dynamic landscape of the Australian stock market, Bell Potter analysts have made significant adjustments to their assessment of Nickel Industries (,ASX: NIC,). This revision includes a reduction in the price target, earnings estimates, and a m...
Santos (ASX: STO) shares drop amidst Kumul deal uncertainty
February 01, 2024 05:57 PM AEDT| By Team Kalkine MediaIn the midst of a somewhat subdued day on the ASX, Santos Ltd (,ASX: STO,) shareholders received noteworthy updates, contributing to the current market narrative. Santos shares experienced a dip of 1.15% on 1 February 2024 to close at AU$7.76 per sha...
UBS analysts raises price target of Origin Energy (ASX: ORG)
February 01, 2024 05:55 PM AEDT| By Team Kalkine MediaInvestors in Australia's Origin Energy (,ASX: ORG,) are closely monitoring the market as the company's shares experienced a dip of 1.17% on 1 February 2024, to close at AU$8.42. Amidst this market movement, UBS analysts have taken a bold stance, rais...
Bapcor Ltd (ASX: BAP) Share Price Surge Amid Leadership Changes
February 01, 2024 05:50 PM AEDT| By Team Kalkine MediaBapcor Ltd (,ASX: BAP,) experienced a noteworthy surge in its share price, standing tall within the S&P/ASX 200 Index (ASX: XJO). As of the last trading session, the auto parts company's shares closed at AU$5.64, demonstrating a resilient performance...
What’s driving Eagers Automotive’s (ASX: APE) share prices higher on Wednesday?
January 31, 2024 03:29 PM AEDT| By Team Kalkine MediaShares of Australia's Eagers Automotive (,ASX: APE,) have surged by 1.7% to AU$14.7 on 31 January 2024. This remarkable uptick is attributed to several factors, including positive projections by Bell Potter analysts, upgraded EPS estimates, and the a...
Liontown resources (ASX: LTR) share in red, despite positive developments in Kathleen Vally Project
January 31, 2024 02:19 PM AEDT| By Team Kalkine MediaInvestors in the ASX 200 are closely monitoring the Liontown share price as it experiences a decline. Despite positive developments in Liontown Resources Ltd's (,ASX: LTR,) Kathleen Valley Lithium Project, the share price is currently in the red. Thi...
Why are IGO (ASX: IGO) shares down 9% on Wednesday morning?
January 31, 2024 02:17 PM AEDT| By Team Kalkine MediaIn the dynamic world of battery materials mining, IGO Ltd (,ASX: IGO,) is facing a tough quarter, and the situation doesn't seem to be easing up. As the market opens on Wednesday morning, IGO shares take a hit, down by 9% at AU$7.03.,IGO's Quarter in...
ABS unveils December CPI data, ASX share market reacts
January 31, 2024 02:16 PM AEDT| By Team Kalkine MediaASX 200,investors experienced a rollercoaster as the December Consumer Price Index (CPI) data was unveiled by the Australian Bureau of Statistics (ABS). In this article, we delve into the details of why this data influenced the market trends and expl...
BUB, CIA and PLY: Three ASX stocks experiencing rise in share prices
January 31, 2024 01:59 PM AEDT| By Team Kalkine MediaThe S&P/ASX 200 Index has shown remarkable resilience, reversing a red morning and gaining momentum in afternoon trade on 31 January 2024.,The positive market movement is influenced by cooling inflation, contributing to the overall optimism among inv...
Champion Iron (ASX: CIA) shares jump on 59% QoQ increase in quarterly revenue
January 31, 2024 01:57 PM AEDT| By Team Kalkine MediaInvestors and enthusiasts alike are closely monitoring the recent surge in Champion Iron's (,ASX: CIA,) stock, which has experienced a remarkable 5.7% increase, reaching AU$8.6 on 31 January 2024 during early trading hours. This surge positions the c...
Bell Potter Identifies Top ASX Dividend Shares as Prime Picks
January 30, 2024 09:05 PM AEDT| By Team Kalkine MediaBell Potter's recent market analysis has spotlighted promising opportunities in the,ASX dividend shares,space. Among the identified stocks, Dexus Convenience Retail REIT (ASX: DXC) and Elders Ltd (ASX: ELD) stand out. Bell Potter's insights shed ligh...
Woolworths share price drops on $1.5B impairment.
January 30, 2024 09:04 PM AEDT| By Team Kalkine MediaThe Woolworths Group Ltd (,ASX: WOW,) share price is experiencing a slight decline on Monday, trading down 0.5% at $36.00. This movement follows the release of a trading update by the retail giant, prompting investors to react. In the context of Wool...
Holding Telstra Shares? A Potential 18% Gain in 2024 Could Be in Sight
January 30, 2024 09:02 PM AEDT| By Team Kalkine MediaIf you're a shareholder of Telstra Group Ltd (,ASX: TLS,), you may have noticed a lack of substantial share price gains in recent months. Despite an impressive 60% surge between October 2020 and May 2022, reaching a 52-week high of $4.46, Telstra sha...
Are ASX Blue-Chip Shares Truly Secure Investments?
January 30, 2024 09:01 PM AEDT| By Team Kalkine MediaASX blue-chip shares, representing giants in various industries, are often considered pillars of stability in the stock market. The term "blue-chip" is loosely associated with companies boasting market capitalizations in the tens of billions. Key sec...
Why Atlas Arteria (ASX: ALX) shares making headlines today?
January 30, 2024 07:30 PM AEDT| By Team Kalkine MediaIn the fast-paced world of stock markets, Atlas Arteria Group (,ASX: ALX,) is making headlines with a remarkable intraday surge. The stock has risen by as much as 2.24% on 30 January 2024. Let's delve into the details of this surge, the key factors b...
GOR, INR and MP1: Three ASX shares charges higher on Tuesday
January 30, 2024 07:28 PM AEDT| By Team Kalkine MediaWhile the broader market is charging higher, the standout performers are creating a buzz among investors. This phenomenon prompts us to explore the factors driving the bullish trend in certain ASX-listed shares.,In the midst of market fluctuations, t...
29M, ARX and MAD: Three ASX shares under selling pressure on Tuesday
January 30, 2024 07:27 PM AEDT| By Team Kalkine MediaThe buoyant atmosphere in the S&P/ASX 200 Index is juxtaposed with the sell-off observed in specific ASX shares. This dichotomy raises questions about the underlying factors influencing individual stock movements, prompting investors to scrutinize th...
Why Nickel Industries (ASX: NIC) shares on investors’ radar today?
January 30, 2024 07:23 PM AEDT| By Team Kalkine MediaIn a surprising turn of events, Nickel Industries (,ASX: NIC,) experienced an unprecedented surge, catching the attention of investors and market enthusiasts. The substantial gain of over 20% catapulted NIC's stock to AU$0.72 apiece on 30 January 202...
Megaport’s (ASX: MP1) share price marks nearly 27% rise on Tuesday. Here’s why.
January 30, 2024 07:22 PM AEDT| By Team Kalkine MediaIn a surprising turn of events, Shares in Australia's Megaport Ltd (,ASX: MP1,) witnessed an extraordinary surge, closed 27.61% up at AU$12.48 apiece on Tuesday. This surge was attributed to the cloud network service provider's second-quarter operati...
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