Xero Shares Hit New High as Earnings Impress
Xero Limited shares (ASX:XRO) were a notable gainer on the ASX today, adding 5.85% on the back of solid earnings numbers. The XRO share price made a new 52 week, and all-time high of $172.94 as the leading global small business platform unveiled its interim results for the fiscal year 2025. The company, renowned for…
BHP Shares Hold $40 Level, Firm Investing Heavily in Chilean Copper Expansion
BHP Group shares (ASX:BHP) have managed to hold on to the $40 support level, ending the day down 1.33% at $40.01. With the last 5 sessions delivering a 8.10% decline in the share price, holders are looking for the turnaround story, and the Chile roadshow could shed some light on one angle. From November 17th…
MinRes Shares (MIN) Fall as Firm Halts Bald Hill Project
The Australian mining landscape felt a tremor as Mineral Resources (ASX: MIN), commonly known as MinRes, made the decision to halt operations at its Bald Hill lithium project in Western Australia. The move comes in response to the plummeting prices of spodumene concentrate—a key mineral for lithium battery production. This announcement had an immediate impact…
Mining Stocks Stumble Amid Fresh Chinese Concerns
Mining stocks listed on the ASX faced a rough start to the week, taking a plunge as investors digested concerning developments from China. The ASX 200 itself was not immune, recording a decline of 0.56% since the start of the week, with those in the mining sector seeing a more significant dip. These downturns were…
Are AUB Shares Looking To Break Out From Range?
AUB shares (ASX:AUB) have begun to consolidate in an upward channel over the past couple of months, adding 8.97% from Sept 11th through to today’s close which ended above the $32 level. The company has become a noteworthy force in the insurance brokerage market with a solid market capitalisation of $3.74 billion. Widely recognised as…
ATFX Connect and Your Bourse Form a Strategic Alliance in Liquidity Services
ATFX Connect is excited to announce its partnership with Your Bourse, a leading provider of Platform-as-a-Service solutions for FX and CFD liquidity management. This collaboration aims to enhance liquidity options for brokers by combining ATFX’s extensive service portfolio with Your Bourse’s capabilities. Together, we are committed to improving operational efficiency and supporting sustainable growth for…
ASX 200 & All Ords Jump As Markets Indicate US Clarity
Australia’s stock market ended on a positive note today, with the benchmark ASX 200 index gaining 0.83% as the All Ords add 0.81%. This uptick reflects a broader trend of recovery as various industries, including Information Technology, Financials, and Consumer Discretionary sectors, saw substantial gains. The index’s performance comes as a sign of investor confidence…
Lynas Rare Earths Shares Dip Alongside Production & Revenue
Lynas Rare Earths Ltd shares (ASX: LYC) dipped slightly today, ending the session down 0.65% as production and revenue both came in lower. Whilst the stock remains 6% in the green on a YTD basis, the underperformance to the Australian markets (ASX200 +6.98%, All Ords +7.05%) indicates that sentiment is yet to shift bullish. Taking…
BHP Shifts Focus Post Anglo American Bid
In a significant strategic shift, BHP (ASX: BHP), one of the world’s largest mining companies, has moved on to pursue other growth opportunities following its unsuccessful attempt to acquire Anglo American earlier this year. BHP walked away from an ambitious $49 billion takeover bid for Anglo American in May after being rejected three times—a clear…
BHP Reaches $31.7bn Settlement in Samarco Disaster Case
Mining giant BHP Group (ASX:BHP) has reached a comprehensive agreement to settle claims stemming from the tragic Samarco mine dam collapse in 2015. The company has agreed to a historic US$31.7 billion settlement that seeks to provide significant reparations for one of the worst environmental disasters in Brazilian history. This settlement represents a substantial step…
