Stocks
Is the November outlook promising for AGL shares?
October 30, 2023 04:22 PM AEDT| By Team Kalkine MediaAGL Energy Ltd (,ASX: AGL,) has experienced a 12% decline in its share price since August 1, 2023. However, the share price is still up by approximately 34% since the beginning of the year. The energy company has witnessed a notable turnaround in pro...
Wesfarmers Expands Lithium Operations as Share Price Edges Lower
October 30, 2023 04:19 PM AEDT| By Team Kalkine MediaThe share price of Wesfarmers Ltd (,ASX: WES,) experienced a minor decline of 0.2% on Monday. This decline is occurring despite potentially positive news related to the conglomerate's expanding lithium operations in Western Australia. Wesfarmers has...
Surge in Accent, Syrah, and Xero Shares: What's Behind the Rally?
October 30, 2023 04:19 PM AEDT| By Team Kalkine MediaASX shares are kicking off the week on a positive note. Despite a slight rebound from earlier intraday lows, the S&P/ASX 200 Index is still down by 0.45%, settling at 6,797 points in the afternoon trade. Below, we highlight three ASX shares that are...
Own BHP shares? Here's how the ASX 200 miner could shift to renewables
October 30, 2023 04:17 PM AEDT| By Team Kalkine MediaBHP Group Ltd (,ASX: BHP,) shares are displaying strength, outperforming the broader market despite ongoing challenges in the sector. The,ASX 200 miner,is exploring the possibility of transitioning towards renewable energy as part of its post-coal mi...
Why short sellers favor ASX lithium shares right now?
October 30, 2023 04:12 PM AEDT| By Team Kalkine MediaShort selling, a practice where investors borrow shares with an agreement to return them later, is gaining momentum in the,ASX lithium stocks,. Companies like Pilbara Minerals Ltd (ASX: PLS), Core Lithium Ltd (ASX: CXO), and Sayona Mining Ltd (ASX: S...
Unraveling the 13% Plunge: Deciphering the ASX 300 Share's Deal Fallout
October 30, 2023 03:54 PM AEDT| By Team Kalkine MediaCalix,Ltd, a prominent player in the ASX 300 environmental technology sector, has seen a significant drop in its stock value, falling by 13% to $2.45 during Monday's afternoon trading. This puts Calix shares very close to their lowest point in the pa...
Analyzing the 13% Drop in Calix Ltd Shares After a Deal
October 30, 2023 03:52 PM AEDT| By Team Kalkine MediaCalix Ltd (ASX: CXL), an,ASX industrial stocks,, is experiencing a significant share price decline of 13% on Monday. In afternoon trading, the company's shares are trading at $2.45, approaching their 52-week low. The share price decline comes despite...
Own CBA shares? Here's what to keep an eye on in November
October 30, 2023 03:49 PM AEDT| By Team Kalkine MediaOctober has been a challenging month for Commonwealth Bank of Australia (,ASX: CBA,) shares, and investors are looking ahead to November to assess potential factors that could influence the banking giant's performance. Several key events are schedule...
What does the future hold for Santos shares in November?
October 30, 2023 03:23 PM AEDT| By Team Kalkine MediaSantos Ltd (ASX: STO), an,ASX oil and gas stock,, has experienced a 2.5% decrease in its share price since the last day of trading in September. While the ASX 200, which includes energy stocks like Santos, is down 0.5% today, Santos shares are curren...
Market Declines Impact IGO, Neometals, Pantoro, and Star Shares
October 30, 2023 03:19 PM AEDT| By Team Kalkine MediaThe S&P/ASX 200 Index (ASX: XJO) has seen a downbeat start to the week, with a 0.5% decline in afternoon trading, settling at 6,792.9 points. Four,ASX-listed mining shares,, namely IGO Ltd, Neometals Ltd, Pantoro Ltd, and Star Entertainment Group Ltd...
What is causing the decline in the shares of IGO, Neometals, and Pantoro today?
October 30, 2023 03:15 PM AEDT| By Team Kalkine MediaAt the beginning of the trading week, the ASX (Australian Securities Exchange) is facing a challenging situation, with the S&P/ASX 200 Index poised to open on a decline. As the afternoon trading session unfolds, the benchmark index has recorded a 0.5...
Why did Industrial Minerals Ltd (ASX: IND) soar 123% on Friday?
October 27, 2023 10:05 PM AEDT| By Sonal GoyalHighlights,Industrial Minerals has gained an exclusive option to buy 80% interest in the non-construction material mineral rights,The agreement gives exposure to the less explored HPQ and lithium potential,The project’s location is very promising as...
Wildcat Resources Surges to a 52-Week High: Is It Striking Gold or Lithium?
October 27, 2023 06:00 PM AEDT| By Team Kalkine MediaWildcat Resources Ltd (,ASX: WC8,) has become the focus of investor excitement as its shares reached a 52-week high. Currently trading at 80 cents, with an intraday high of 89 cents, the small-cap,mining stock,has made remarkable strides. In May, jus...
ResMed's 36 % Share price Drop: CEO Assesses Ozempic and GLP-1 Impact
October 27, 2023 05:50 PM AEDT| By Team Kalkine MediaResMed Inc (ASX: RMD) has recently reported its 1Q FY24 results, with a 36% share price drop in the past six months. While the financials appear robust, concerns about the impact of Ozempic and GLP-1 medications on ResMed's business have raised inves...
ASX Mining Giants Fortescue, BHP, and Rio Tinto Outperform Market
October 27, 2023 05:46 PM AEDT| By Team Kalkine MediaThis week, the top three mining companies on the S&P/ASX 200 Index (ASX: XJO) have demonstrated remarkable performance, consistently outperforming the broader market. While the ASX 200 showed a modest 0.25% increase since Monday's opening, Fortescue...
ASX Mining Stocks Gain Momentum as Industrial Minerals Shifts Focus to Lithium
October 27, 2023 05:24 PM AEDT| By Team Kalkine MediaASX mining stocks,are currently experiencing a substantial uptick in response to increasing global demand for key resources, particularly in the wake of ongoing infrastructure and energy projects across the globe. These mining companies are benefitin...
Liontown Resources' Post-Takeover Bid Outlook: Fully Funded but Facing Share Dilution
October 24, 2023 10:35 PM AEDT| By Team Kalkine MediaThe past two weeks have proven tumultuous for Liontown Resources Ltd (,ASX: LTR,) as its share price experienced a more than 30% decline following the withdrawal of a takeover bid by North Carolina-based Albemarle Corporation (NYSE: ALB), one of the...
An insider recently acquired more CSL shares; should you follow suit?
October 24, 2023 10:33 PM AEDT| By Team Kalkine MediaCSL Limited (,ASX: CSL,), one of Australia's leading healthcare companies, has faced challenges in recent months, resulting in a decline in its share price. Concerns over a slower margin recovery and the emergence of Ozempic as a potential treatment...
Is Bank of Queensland's grossed-up 11% yield genuine?
October 24, 2023 10:31 PM AEDT| By Team Kalkine MediaBank of Queensland Ltd (ASX: BOQ) shareholders have faced a challenging period as the,ASX financial stocks,declined over recent months. While Bank of Queensland's stock is showing resilience compared to the broader market, it has lost value over vari...
Top 2 ASX Dividend Choices for Australian Income Investors
October 24, 2023 10:29 PM AEDT| By Team Kalkine MediaIncome-focused investors have an abundance of dividend-paying stocks to consider in the ASX. Generating passive income from the local share market is an appealing prospect, but finding the right,ASX dividend shares,is crucial for income investors. In...
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