US markets closed; Stoxx 600 closed flat; China’s property stocks surge
US markets were closed overnight due to labour day. The Stoxx 600 index ended little changed from the previous session, paring gains after hitting its highest level since Aug. 9 in morning trade.
Read MoreMining industry witnesses steepest quarterly decline since GFC
Local miners are grappling with the most significant quarterly drop in profitability since the upheaval of the global financial crisis, as plummeting prices for thermal coal and natural gas send shockwaves through the resource sector, affecting both corporate earnings and government revenues.
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Margin over ounces: Westgold’s strong production results
Westgold Resources (ASX:WGX) Managing Director Wayne Bramwell provides an update on the company, discussing drivers behind production results, the gold price, and plans going forward.
Read MoreSearching for gold and copper in the Cobar Basin
Glen Diemar, Managing Director of Australian Gold and Copper Limited (ASX:AGC), provides an update on the company, discussing drill targets, plans and outlook.
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North Stawell Minerals (ASX:NSM) – exploring Victoria’s Golden Triangle
Scott Duncombe, Exploration Manager of North Stawell Minerals (ASX:NSM), provides an update on the company's gold exploration.
Read MoreDow and Nasdaq notch best weeks since July
The Dow Jones Industrial Average rose on Friday as traders weighed the latest U.S. jobs report to conclude a winning week. The 30-stock Dow ticked up 0.33%, to close at 34,837.71 The S&P 500 added roughly 0.18% to finish the session at 4,515.77, and the Nasdaq Composite inched down 0.02% to end the day at 14,031.81.
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Nasdaq suffers worst month of 2023
The Nasdaq Composite registered a fifth consecutive winning day, but still suffered its worst monthly loss of 2023. The tech-heavy index added 0.11 per cent to end Thursday’s session at 14,034.97.
Read MoreStealth confirms record financial performance in FY23
Stealth Global Holdings (ASX:SGI), a prominent provider of industrial supplies and solutions, has reported exceptional financial results for the fiscal year ending on June 30, 2023.
Read MoreASX closes 0.1% higher: August records loss of 1.4%
The S&P/ASX 200 index increased by 7.6 points or 0.1%, reaching a closing value of 7305.3.
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S&P 500 advances after release of fresh economic data
The S&P 500 advanced Wednesday for a four-day winning streak, as investors assess new US economic data.
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Investing in medical and essential services real estate
Matthew Strotton, Executive Director of Real Asset Management, provides an update on the RAM Essential Services Property Fund (ASX:REP).
Read MoreBitcoin surges following Grayscale’s legal victory over SEC: BTC/USD technical outlook
Bitcoin has experienced a noteworthy upswing, marking a surge of over 7% and effectively crossing its 200-day simple moving average.
Read MoreInvestors flock back to tech stocks after strong economic data
The Nasdaq Composite climbed more than 1% Tuesday, as investors flocked back to tech stocks in the final days of what’s been a difficult August for the market.
Read MoreResilient iron
In a surprising turn of events, the commodity that should be bearing the brunt of China's deepening property crisis is instead displaying remarkable strength.
Read MoreMarkets unfazed by China’s challenges
Property prices are tumbling, major developers are in dire straits, and a significant financial conglomerate has missed interest payments, invoking memories of the 2008 financial crisis.
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Wall St aims to recover as stocks rise to start final Aug trading week
Stocks rose Monday to kick off the final trading week of August, with Wall Street looking to regain ground amid a month of losses.
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ASX up 0.63% at noon: Retail sales increase 0.5% in July
In July, there was a 0.5% in Australian retail sales, surpassing the anticipated 0.3% rise and recovering from an unexpected decline the previous month. This growth in July contrasts with a 0.8% decrease in June 2023 and a corresponding 0.8 % expansion in May 2023.
Read MoreStocks lift after Fed’s annual conference in Jackson Hole
Stocks rallied Friday as traders cheered comments from Federal Reserve Chairman Jerome Powell at the annual central bank conference in Jackson Hole, Wyoming, that point to stronger-than-expected economic growth.
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The Dow records its worst day since March
Stocks fell sharply Thursday after a tech rally, sparked by stronger-than-expected Nvidia results, was short-lived. Traders also braced for a key speech from Federal Reserve Chairman Jerome Powell.
Read MoreNew world metals investment series showcases leading Australian companies in renewable energy shift
Premier mining, resources and technology conference organising company, Vertical Events, is hosting a New World Metals Investment Series in Perth, Melbourne and Sydney.
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Graphite: Cornerstone of EV batteries
The EV industry, with its eyes set on a trillion-dollar market value, is racing against time to replace the century-old internal combustion engines (ICE) that have long dominated the roads.
Read MoreNvidia reports better than expected earnings after the bell
Stocks ended higher on Wednesday as Wall Street awaited the latest quarterly figures from Nvidia, which has just been reported after the bell.
Read MoreTransition from large-scale nuclear to SMRs gains momentum in US
The central theme driving the energy transition and decarbonisation efforts revolves around the objective of maximising the use of electricity and sourcing this electrical power from renewable and low-carbon origins.
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ASX up 0.7% at noon as more earnings are released
At noon, the S&P/ASX 200 is 0.69 per cent higher at 7,170.90, primarily driven by positive earnings results from Woolworths (ASX:WOW) and Domino's Pizza (ASX:DMP).
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