Trading Tidbits: BUB, PGH, GCY
Good news and bad from the pandemic for two mid-caps yesterday and the shares of the two went in very different directions while an attempted takeover in gold is getting scrappy.
Read MoreGood news and bad from the pandemic for two mid-caps yesterday and the shares of the two went in very different directions while an attempted takeover in gold is getting scrappy.
Read MoreIn bad news for iron ore exporters the Chinese government has cut steel production to reduce smog in the region and to ensure the achievement of the country’s steel output reduction target.
Read MoreExport growth unexpectedly jumped more than forecast and import growth slowed more than expected in September, leaving China with yet another massive trade surplus.
Read MoreAs the world moves away from fossil fuels, hydrogen is receiving a lot of attention from investors and governments. But what are some hydrogen companies, and what do they do?
Read MoreChina’s power blackouts, rationing and shortages across 20 or more provinces sparked a mad rush for fossil fuels as imports of coal surged and imports of LNG hit their highest level for 9 months.
Read MoreFollowing on from his previous report on the company, Corporate Connect analyst Marc Sinatra has today published an updated analysis of ASX-listed biotech Immutep Ltd (ASX: IMM), valuing IMM at $A2.20 per share.
Read MoreASX200 up 5 points to 7288. Treasurer Josh Frydenberg downgraded the economic outlook at a presentation this morning
Read MoreApple shares dipped in after-hours trading on reports that it will be forced to slash current iPhone production and sales forecasts by up to 10 million units because of the continuing shortage of computer chips.
Read MoreSPI futures have ended overnight trade with a gain of 14pts or 0.2% overnight, pointing to a positive start for the ASX 200 today.
Read MoreDespite the continuing lockdowns around most of the country, business confidence rebounded strongly in September to be well above its long-run average, after falling into negative territory in prior months.
Read MoreThe recent sharp sell-off in government bond yields is testing the patience of central banks and bond markets are reacting to the hawkish messages, as Andrew Mulliner from Janus Henderson explains.
Read MoreSo will Westpac follow their Big Four peers down the buyback route in its full year results on November 1, after revealing a $1.3 billion hit to earnings from writedowns and other bookkeeping measures?
Read MoreThere are four behaviours, biases or theories that behavioural economists have uncovered that explain Western investors’ retreat from China equities over the past month despite the strong returns of the index.
Read MoreCopper has moved to centre stage for Australia’s biggest gold miner Newcrest Mining, as the company revealed its future direction and plans for four major projects on Tuesday.
Read MoreChina is facing a looming crunch as fears about power shortages runs headlong into renewed speculation about the fate of stricken property developer Evergrande and others.
Read MoreASX-listed fintech Plenti Group has today released its Q2FY22 quarterly report, which shows strong growth despite the COVID-induced lockdowns during the period.
Read MoreASX200 up 25 points (0.3%) to 7325. Westpac (-0.5%); flagged a hit of $1.3bn to FY21 profit due to a range of notable items.
Read MoreThe Dow Jones index fell by 250 points or 0.7%. The S&P 500 index also shed 0.7% and the Nasdaq index dropped 93 points or 0.6%.
Read MoreGains in oil and iron ore were ignored and the local market will start in the red as overnight futures traders took their cue from a sliding Wall Street on Monday than from commodity prices.
Read MoreHeavy rains and flooding saw more mines forced to shut down in China’s biggest coal-producing region over the weekend, sending prices to a record and hindering efforts by Beijing to boost energy supplies for winter.
Read MoreThe online age has heralded a new era of warfare, which pits not only sovereign nations against one another, but also cyber criminals against businesses, individuals, and their intellectual property.
Read MoreThere’s already plenty of interest for green hydrogen in Western Australia and now Queensland wants in on the act, with two new proposed projects announced in as many days in the Sunshine State.
Read MoreInvestors punished Star Entertainment Group in particular yesterday, but didn’t miss other casino groups after media reports about alleged misconduct surfaced over the past couple of days.
Read MoreAPI is making sure both its putative bidders understand how it is well it is performing at the moment with a surprise earnings upgrade ahead of the release of its full year results later this month.
Read MoreThe Australian sharemarket snapped a 2-day winning streak, with the ASX 200 easing by 0.28% on Monday. Gains from energy, mining and bank stocks helped push the market off this morning’s low of ~1%.
Read MoreThe Australian sharemarket is off to a sluggish start on Monday, with the ASX 200 down by 0.5% following a weak lead from Wall Street and losses across most sectors.
Read MoreAmpol has at last won the green light from the board of New Zealand’s Z Energy and will move ahead with its $2 billion offer to take over NZ’s largest petrol and diesel retailer.
Read MoreASX200 down 62 points (0.9%) to 7257. Ampol (+3.5%) / Z Energy (+6%) ; after months of talks, Ampol has bid a total of NZ$4.03 for Z Energy.
Read MoreIn his weekly Bites column, David Bassanese from BetaShares gives us a rundown of what’s happening in markets, both local and global.
Read MoreCatch up on the full webinar with presentations from Straker Translations (ASX: STG), Los Cerros Limited (ASX: LCL), RareX (ASX: REE) & WT Financial Group (ASX: WTL).
Read MoreUS stocks posted declines for the final session of the week in response to weaker than expected employment figures, which delivered the lowest monthly jobs growth this year.
Read MoreJeremy Robinson – Managing Director – RareX Limited is a specialist company focussed on developing rare-earths deposits in Australia.
Read MoreKeith Cullen – Founder and Managing Director – WT Financial Group is a diversified financial services company that contains two distinct channels: their primary business-to-business (B2B) operations under the Wealth Today Pty Ltd subsidiary and brand; and their complementary direct to consumer (B2C) operations under Spring Financial Group.
Read MoreJason Stirbinskis – Managing Director – Los Cerros is committed to explore, develop and operate mining projects within world-class mineral provinces, with a focus on copper and gold.
Read MoreGrant Straker – CEO – Straker Translations aims to empower people around the world to communicate openly, protect unique cultures and enable the free flow of ideas, information, entertainment, and commerce.
Read MoreInflation will dominate thinking in global markets this week with CPI and PPI data for September from the US and China reminding investors of the so-called elephant in the room: rising cost pressures.
Read MoreA big week for oil and analysts believe there are more gains in store, even as inflation worries dominate global markets, rock bond yields and currencies and impact momentum across the board.
Read MoreA weak start for the ASX this morning as it frets about rising energy and inflation costs, problems in China, rising interest rates, soaring house prices, Covid Delta and anything else analysts can throw up.
Read MoreAs usual America’s biggest banks again kick off another earnings season this week and will set the tone for the rest of the S&P 500 to report for the three months to September 30.
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