Equity Espresso

Equity Espresso
Archive
Page 29

Iron Ore Rises & Uranium's Rocketing Prices Send ASX Higher

The ASX200 index rose by 41.2 points. to close at 7,195.1 in a day dominated by Materials and Energy stocks. The Materials sector led the index as Iron Ore future prices crossed US$120.0 a tonne

Sep 13, 2023

Qantas' High Court Hurdle: Appeal Dismissed Over Mass Layoffs

Qantas remains in the news for the wrong reasons after the High Court dismissed its appeal to overturn a Federal Cort ruling that it illegally sacked nearly 1,683 workers during the pandemic.

Sep 12, 2023

Liontown and Hancock: Reinhart's Rising Investment Revealed

The ASX200 index finished higher for the second day on the trot, closing 14.6 pts. higher to 7,206.90, with six of the 11 sectors finishing higher, led by Materials (+0.89%) and Health Care (+0.78%).

Sep 11, 2023

Chevron Takes Firm Stance: Initiates Arbitration Amidst WA LNG Plant Strikes

The ASX200 broke a four-day losing streak, ending Monday 35.6pts. higher to 7,192.3. The Financials (+1.27%) and Staples (+0.93%) rose, leading the way for the seven sectors to finish higher.

Sep 08, 2023

Why Gas Just Got Pricier. Versent in Telstra's Sights?

Another down day for the market to end a dour week as the September lull well and truly takes hold. The ASX200 index finished the day’s session down 14.3 pts. to 7,156.70. For the week, the index finished 2.03% lower.

Sep 07, 2023

ASX Falls on U.S. Rate Fears & Slowing China Economy

The ASX200 fell by 86.1 pts. as Australia’s largest company, BHP Group, traded ex-dividend, putting downward pressure on the market.

Sep 06, 2023

ASX Falls as Oil Prices Send Energy Sector Higher

Oil prices rose overnight as Saudi Arabia and Russia extended their supply reduction by another three months. Saudi Arabia will continue its production cutback of 1 million barrels a day, while Russia’s export reduction of 300,000 barrels a day will be extended for the same duration.

Sep 05, 2023

From RBA's Rate Hold to QANTAS's CEO Shakeup

The RBA met today, keeping rates on hold as expected at 4.1% as it continues to wait and asses the impact of the previous rate hikes

Sep 04, 2023

Albemarle Increases Bid for Liontown as Mali Puts Leo Lithium on Pause!

The focus for local investors will be tomorrow’s policy meeting at the Reserve Bank and RBA governor Philip Lowe’s final speech on Thursday. It’s widely tipped that the RBA will keep rates on hold.

Sep 01, 2023

Fortescue's Executive Carousel: CFO Exits & ASX's Top 5 Stocks in August

The market finished the week positively despite the ASX200 losing 27pt., closing at 7,278.30. This week saw the end of earnings season as Spring commences!