Evening Report: Market declines from 11-month high
The Aussie sharemarket finished at an intraday low, sliding by ~0.9% following a better start to trade and after hitting an 11-month high on Monday. All sectors lost ground.
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Lunch Report: Stocks fade from better start
The Australian sharemarket is losing ground despite another record high in US markets and a better start to trade. The local market hit a fresh record high on Monday.
Read MoreMorning Report: US sharemarkets closed at record highs on Monday
At the close of trade, the Dow Jones index rose by 237.5 points or 0.8%. The S&P 500 index was up by 0.7% and the Nasdaq index was higher by 131 points or 1%.
Read MoreEvening Report: ASX hits new 11-month highs
The Aussie market has started the week on a solid footing with the ASX 200 hitting fresh 11-month highs. The index briefly breached 6,900 points but settled to close 40 points or 0.6% higher at 6,880. Major miners were among the main drivers of market improvements while ZipCo (Z1P) surged close to 13%.
Read MoreLunch Report: Aussie shares hit 11-month highs
The Australian sharemarket is up by 0.7% and has hit a fresh 11-month high on Monday thanks to a positive lead from Wall Street and gains across most sectors.
Read MoreMorning Report: US market hits another record high
The US sharemarket hit a record high as weaker employment growth increased hopes of a US government stimulus deal passing through Congress. Aussie shares are set for a quiet start.
Read MoreHidden Gems Webinar Recap – ANP, EMH, TNR, AOU – 5/2/21
Catch up on the full webinar with presentations from Antisense Therapeutics (ASX:ANP), European Metals (ASX:EMH), Torian Resources (ASX:TNR) & Auroch Minerals (ASX:AOU)
Read MoreAsra Minerals (ASX:ASR) – Hidden Gems Webinar Presentation – 5/2/21
Presenter – Peretz Shapiro, Executive Director – Asra Minerals is a highly active gold exploration and development company with an extensive and strategic landholding comprising six projects and over 400km² of tenure in the Goldfields Region of Western Australia.
Read MoreAuroch Minerals (ASX:AOU) – Hidden Gems Webinar Presentation – 5/2/21
Presenter Aidan Platel, Managing Director – Auroch Minerals Limited explores for and develops mineral properties. Auroch’s Saint’s Nickel Project combines both a historical high-grade resource and recent drilling results which provide an exciting platform to grow the Company’s high-grade nickel resource.
Read MoreEuropean Metals (ASX:EMH) – Hidden Gems Webinar Presentation – 5/2/21
Presenter – Keith Coughlan, Executive Chairman – European Metals is an Australian and UK listed mineral exploration and development company advancing the Cinovec Lithium / Tin Project in the Czech Republic.
Read MoreAntisense Therapeutics Limited (ASX: ANP) – Hidden Gems Webinar Presentation – 5/2/21
Presenter – Mark Diamond, Managing Director & CEO – Antisense Therapeutics is a biotechnology company, developing and commercializing antisense pharmaceuticals for large unmet markets in rare diseases.
Read MoreEvening Report: Best week in 2 months
The Australian sharemarket rose by 1.1% thanks to gains across almost all sectors. The ASX 200 rose by 3.5% in just five days, making it the best week in two months.
Read MoreLunch Report: ASX bouncing back on Friday
Aussie shares are rebounding from Thursday’s losses. The ASX 200 is back above 6,800 points with gains across the majority of the market. News Corp (NWS) is one of the best, beating estimates for its quarterly earnings.
Read MoreMorning Report: US sharemarkets were firmer on Thursday
At the close of trade, the Dow Jones index was up by 332 points or 1.1%. The S&P 500 index rose by 1.1% to record highs. And the Nasdaq index gained 167 points or 1.2% to record highs.
Read MoreEvening Report: Market slips from 11-month high
The Australian sharemarket fell by 0.9% on Thursday after hitting an 11-month high a day earlier. All sectors lost ground.
Read MoreLunch Report: Market snaps 3-day winning streak
The Australian sharemarket is down 0.6% at lunch, following three straight days of gains and after hitting an 11-month high on Wednesday.
Read MoreGreen Fund Invests in European Metals (ASX:EMH)
European Metals Holdings Limited (ASX:EMH) has successfully received firm commitments, including the backing of a major European green energy fund, for a placement to raise A$7.1 million to assist in the further development of the Cinovec Lithium Project, the largest hard rock lithium resource in Europe.
Read MoreMorning Report: US sharemarkets were mixed on Wednesday
The Dow Jones index closed up by 36 points or 0.1%. The S&P 500 index also rose by 0.1%. But the Nasdaq index fell by just 2 points or 0.02%.
Read MoreEvening Report: Shares extend winning streak to third day
The ASX 200 has continued its strong form this week with the index adding another 62 points or 0.92% to 6,825. While the index faded late in the day, it still managed fresh 11-month highs during the session.
Read MoreTechnology entrepreneur Bevan Slattery leads $2.75m in investment into Rent.com.au
Australia’s website made for renters, Rent.com.au (ASX:RNT), has just raised $2.75m, with $2 million of the Placement taken up by a fund backed by successful technology entrepreneur Bevan Slattery.
In making the investment in Rent.com.au, Mr Slattery commented, “I love disruptive platforms that have the ability to scale and Rent.com.au has great potential to achieve that goal. I look forward to supporting the Board and management team and am excited to be backing another innovative Australian technology platform.”
The Company is readying to launch RentPay, with which it aims to give renters more control and flexibility over their payments and managing their housing expenses. This launch follows the achievement of a second successive positive EBITDA quarter from the Company’s initial venture, the Rent.com.au portal.
Read MoreLunch Report: ASX continuing recent run of gains
The ASX 200 is extending its recent rally to a third day with the index now climbing back to the best levels since late Feb last year. The local market is broadly higher while only the mining sector falls.
Read MoreMorning Report: US sharemarkets rallied on Tuesday
The Dow Jones index closed up by 476 points or 1.6% after being 630 points higher earlier in the session. The S&P 500 index rose by 1.4% and the Nasdaq index climbed by 209 points or 1.6%.
Read MoreGlobal Equity Update: Balance is the key
Beneath all of the complexity and uncertainty that prevailed in markets throughout 2020, the narrative is actually fairly simple, suggests Sam Ruiz, Portfolio Specialist in the Equity Division at T. Rowe Price.
Read MoreEvening Report: 2nd best day of 2021 for stocks
The Australian sharemarket surged by 1.5% on Tuesday, with most sectors finishing higher. The RBA kept rates on hold as expected but flagged lower rates for longer in its first meeting of the year.
Read MoreLunch Report: ASX climbs most on mining & tech gains
The ASX 200 has climbed back above 6,700 points following a solid start to Tuesday’s session. Big name miners, tech and bank stocks are among the major contributors to the market’s overall gains.
Read MoreMorning Report: US stocks recover from last weeks slump
US sharemarkets rebounded on Monday. Shares of big technology heavyweights Amazon (+4.3%) and Alphabet (+3.6%), which are set to report earnings Tuesday, both rose.
Read MoreEvening Report: ASX overcomes early jitters to rise
The ASX 200 was looking to extend its losing run from last week with the index opening well in the red but managed to turn things around to lift 55.6 points or 0.84%. Silver miners benefitted from interest from Reddit users in the metal.
Read MoreLunch Report: ASX recovers from opening slide
The Aussie market is well off its session lows as the ASX 200 still trades nervously following last week’s declines. The major miners are helping to arrest the sharp drop in the opening hour of trade, when the main index was down 1.3%.
Read MoreMorning Report: US sharemarkets fell by near 2% on Friday
Focus remained on a retail trading frenzy, with steep gains recorded for heavily shorted stocks, including GameStop and AMC Entertainment. Shares in GameStop rose 67.9% and AMC rose by 53.7%.
Read MoreHidden Gems Webinar Recap – NOX, VMS, EMU, RXL
Catch up on the full webinar with presentations from Noxopharrm (ASX:NOX), Venture Minerals (ASX:VMS), EMU Resources (ASX:EMU) & Rox Resources (ASX:RXL)
Read MoreNoxopharm (ASX:NOX) – Hidden Gems Webinar Presentation
Presenter – Dr. Graham Kelly Founder & CEO – Noxopharm Limited is a clinical-stage drug development company that focuses on the research and development of drugs to enhance the effectiveness and safety of both chemotherapy and radiotherapy.
Read MoreEMU Resources (ASX:EMU) – Hidden Gems Webinar Presentation
Presenter – Doug Grewer, Managing Director – Emu Resources is a highly active Australian resource exploration company focused on new discoveries that have the potential to add significant value to investors and shareholders. The company explores for gold, nickel, copper, and PGE deposits.
Read MoreVenture Minerals (ASX:VMS) – Hidden Gems Webinar Presentation
Presenter – Andrew Radonjic, Managing Director – Venture Minerals engages in the mineral exploration business in Western Australia for nickel, iron, cobalt, base metals, lithium, copper, silver, gold, lead, and zinc properties. The company is striving to discover and develop world-class mineral deposits.
Read MoreRox Resources (ASX:RXL) – Hidden Gems Webinar Presentation
Presenter – Alex Passmore, Managing Director – Rox Resources is a mineral exploration company with advanced gold and nickel projects in Australia
Read MoreEvening Report: Market slides for third day
The Australian sharemarket fell for a third day, with the ASX 200 slipping by 0.64% due mainly to losses from banks and resource stocks. The local market still managed to finish higher in January for a fourth straight month.
Read MoreLunch Report: Market bounces back from Thursday’s slump
The Australian sharemarket is lifting by ~0.7% on Friday, recouping a portion of Thursday’s more significant 1.9% tumble. Gains are being held back by losses from mining and bank stocks.
Read MoreMorning Report: US sharemarkets rebounded on Thursday
At the close the Dow Jones index was up by 300 points or 1.0% after earlier being up 648 points. The S&P 500 index was up by 1.0% and the Nasdaq index was higher by 67 points or 0.5%.
Read MoreEvening Report: Worst day in 4 months
The Australian sharemarket fell by 1.9% on Thursday; the bourse’s worst day in 4 months as US stocks slumped overnight. Technology companies (last year’s star performers) took the hardest hit.
Read MoreLunch Report: Local shares follow US lower
The Aussie market is falling heavily on Thursday led lower by mining, tech, health and banks.
Read MoreMorning Report: US stocks suffer worst one day sell off since October
US sharemarkets tumbled on Wednesday. At the close of trade, the Dow Jones index fell by 634 points or 2.1% after being down 730 points earlier in the session.
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