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 ASX 200 gains 0.8% buoyed by telcos, financials; lithium stocks suffer

ASX 200 gains 0.8% buoyed by telcos, financials; lithium stocks suffer

June 01, 2022 06:49 PM AEST| By Sukriti Nair

Highlights Australian share market overcame a speedy decline for lithium miners to edge higher, gaining 22.80 points or 0.32% to 7,234.00. Top three biggest declines among blue chips were lithium producers- Pilbara Mine.....

 PLS, MIN, PLL: How did these 3 ASX lithium stocks perform in May 2022?

PLS, MIN, PLL: How did these 3 ASX lithium stocks perform in May 2022?

June 01, 2022 06:25 PM AEST| By Bhawna Gupta

Highlights Many of the lithium stocks closed in red today, including Pilbara, Piedmont and Mineral Resources. The fall in share prices might be because Argentina has set a reference price for lithium carbonate exports. Since Anthony Albane.....

 SXG, NST, NCM: Look at the performance of these gold stocks on ASX

SXG, NST, NCM: Look at the performance of these gold stocks on ASX

June 01, 2022 06:02 PM AEST| By Priyanka Payal

Highlights Gold prices fell sharply as the strong US dollar and rise in Treasury yields put pressure on the yellow metal. The S&P/ASX 200 Materials (Sector) XMJ was 0.323% lower at 17866.600 points on ASX at 4:12 PM AEST today. Shares of t.....

 Boab Metals (ASX:BML) provides update on Sorby Hills Project; here’s what you need to know

Boab Metals (ASX:BML) provides update on Sorby Hills Project; here’s what you need to know

June 01, 2022 05:58 PM AEST| By Nitish Kumar

A Western Australian mineral explorer and developer, Boab Metals Limited (ASX:BML), has updated the market about its flagship Sorby Hills Lead-Silver Project in the Kimberley region. Related read: Boab Metals x`(ASX:BML) reports an action-packed M.....

 Understanding MRG Metals’ stance at world-prolific province of Mozambique

Understanding MRG Metals’ stance at world-prolific province of Mozambique

June 01, 2022 05:36 PM AEST| By Sukriti

Junior ASX explorer MRG Metals Limited (ASX:MRQ) continues to gain ground across its Heavy Mineral Sands (HMS) projects in southern Mozambique. With a world-class JORC classified discovery in the bag, the Company is efficiently working towards a 10.....

 How is Ukraine crisis impacting Australia's LNG plans?

How is Ukraine crisis impacting Australia's LNG plans?

June 01, 2022 05:22 PM AEST| By Toshiva Jain

Highlights Post Russian invasion and international sanctions on Russian supply, demand for Australian LNG raised immediately. The country’s main gas fields are far from Sydney and Melbourne, and other big cities in the southeast. Addition.....

 Why is NuCypher (NU) crypto skyrocketing with 20,000% volume gains?

Why is NuCypher (NU) crypto skyrocketing with 20,000% volume gains?

June 01, 2022 04:48 PM AEST| By Raza Naqvi

Amid a highly volatile crypto market, the massive surge in the price and volume of NuCypher (NU) crypto has caught investors' attention worldwide. At 2 AM EST, the NU crypto was up by 113.3% in the last 24 hours and trading at US$ 0.3656 per token......

 Voyager Token trading volume up 500%: Why is VGX crypto rising?

Voyager Token trading volume up 500%: Why is VGX crypto rising?

June 01, 2022 03:37 PM AEST| By Team Kalkine Media

Highlights The Voyager Token project comes with a trading app, a debit card, and a native token called VGX There has been a spike in the price and trading volume of the VGX token, but it is trading at a year-to-date loss. The Voyager ecosystem.....

 Australia's Q1 GDP data out: How is the economy faring?

Australia's Q1 GDP data out: How is the economy faring?

June 01, 2022 02:55 PM AEST| By Akanksha Vashisht

The Australian GDP data for the March 2022 quarter exceeded all expectations, with the latest report from the Australian Bureau of Statistics (ABS) showing that the economy expanded 0.8% during the quarter. In a highly unanticipated turn of events,.....

 Crypto Fear and Greed Index still in ‘extreme fear’ range

Crypto Fear and Greed Index still in ‘extreme fear’ range

June 01, 2022 02:10 PM AEST| By Daniel Paul Johns

The crypto Fear and Greed Index is still in the “extreme fear” range, despite a mini resurgence of Bitcoin and other crypto tokens over the past two days. In mid April, the Crypto Fear and Greed Index (CFGI) hit a score of 22, indicati.....

 What is World Mobile Token and how has WMT crypto fared?

What is World Mobile Token and how has WMT crypto fared?

June 01, 2022 02:03 PM AEST| By Team Kalkine Media

Highlights One of the salient features of World Mobile Token is its utility in the telecom sector, especially internet services WMT crypto is native to the project, with use in payment of fee and incentivisation of nodes In the wider crypto wo.....

 What's the buzz around a new agriculture index in Australia?

What's the buzz around a new agriculture index in Australia?

June 01, 2022 01:26 PM AEST| By Akanksha Vashisht

Highlights The ASX has launched a new index for the agricultural sector, called the S&P/ASX Agribusiness Index. Agriculture is garnering increased attention from the government and is on its way to becoming an integral part of the Australia.....

 Imugene makes a new appointment to its Scientific Advisory Board

Imugene makes a new appointment to its Scientific Advisory Board

June 01, 2022 12:42 PM AEST| By Damini

Highlights Australia-based Imugene Limited (ASX:IMU) has appointed Dr. Yanghee Woo to its Scientific Advisory Board. Woo is a globally recognised surgeon-scientist, who has clinical expertise in robotic surgery and gastric cancer. She is expec.....

 How does Terra 2.0 differ from Terra? How is Luna 2.0 faring?

How does Terra 2.0 differ from Terra? How is Luna 2.0 faring?

June 01, 2022 11:41 AM AEST| By Team Kalkine Media

Highlights TerraUSD stablecoin is believed to be the primary reason behind the fall of the Terra ecosystem A new version of Terra blockchain, with LUNA 2 as native token, is meant to revive the project LUNA 2 has so far remained unpredictable .....

 Why Aspire Mining’s (ASX:AKM) Ovoot Coking Coal Project deserves attention?

Why Aspire Mining’s (ASX:AKM) Ovoot Coking Coal Project deserves attention?

June 01, 2022 11:20 AM AEST| By Nitish Kumar

Highlights Aspire Mining is developing its 100%-owned Ovoot Coking Coal Project to target steelmakers in Russia and China. Coking coal is a key input for steel manufacturing process. Ovoot coal has outstanding caking, fluidity and plastic prop.....

 Decoding the massive appeal of Renovator Store

Decoding the massive appeal of Renovator Store

June 01, 2022 10:29 AM AEST| By Manisha

Who does not want to see their home all decked up and replete with modern fixtures and facilities? In today’s era, people do not hesitate to spend money on trends that can make their home more stylish and modern. Be it the kitchen, or the liv.....

 Why NEC, CNI, OML hit their 52-week lows yesterday

Why NEC, CNI, OML hit their 52-week lows yesterday

June 01, 2022 08:48 AM AEST| By Ashish

ws. The Australian share market traded on a weak note on Tuesday and ended in the red, weighed down by tech, banks, and telecommunications. The ASX 200 index fell 1% to 7,211.2 points yesterday. The worst-performing sectors were tech (-1.9%),...

 ASX 200 to fall as Wall Street dips; all eyes on GDP data

ASX 200 to fall as Wall Street dips; all eyes on GDP data

June 01, 2022 07:52 AM AEST| By Ashish

Highlights The Australian share market is expected to fall once again on Wednesday. According to the latest SPI futures, the ASX 200 is likely to open 34 points or 0.5% lower. On Wall Street, the Dow Jones fell 0.7%, the S&P 500...

 Wall Street retreats after Biden-Powell talks; DXCM, AUY, UL rally

Wall Street retreats after Biden-Powell talks; DXCM, AUY, UL rally

May 31, 2022 02:06 PM PDT| By Rupam Roy

US stocks closed lower on Tuesday, May 31, after an extended weekend break for the Memorial Day festivities as traders turned their attention to President Joe Biden’s talks with Federal Reserve Chairman Jerome Powell on inflation. The S&P...

 Why is Everdome (DOME) crypto gaining attention?

Why is Everdome (DOME) crypto gaining attention?

June 01, 2022 04:49 AM AEST| By Versha Jain

The Everdome (DOME) crypto has grabbed attention as land auctions on its metaverse continue to build its price momentum. The auctions started at 6:00 am ET on Monday.  The OKX crypto exchange, a leading partner of Everdome, has bought substan.....

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