De Grey Mining Share Price Target (DEG) Revised Into Year End
De Grey Mining’s share price (ASX: DEG) ended at the high of the day, up 3.16% at $1.80. The year-to-date gain of 45.93% has offered a significant outperformance on the Australian markets through 2024, with eyes now turning to the outlook and forecast in the upcoming year. A couple of analyst adjustments in recent times…
Westpac New Zealand Overcharges 25,000
Westpac New Zealand shares (NZE: WBC) gained 2.96% today, reversing what had been a downtrend in the previous trading week. After a strong year of gains, where the share price has added 44.59%, far outperforming the broader market, news of an admission to overcharging has not shifted sentiment. The bank has publicly acknowledged that it…
Paladin Energy Receives Clearance for Fission Uranium Acquisition
Paladin Energy shares (ASX:PDN) ended the day 1.3% up, as the firm received crucial clearance from Canadian authorities to move forward with its acquisition of Fission Uranium Corp. (TSX:FCU, OTCQX:FCUUF). This approval marks a significant milestone in the merger process, following a thorough national security review by Canada’s Minister of Innovation, Science, and Industry under…
ASX Declines To Pre US Election Levels After Fed Induced Decline
The Aussie markets took a turn for the worse today, with both the ASX200 and the All Ords shedding more than 140 points. A drop of 1.7% for the 200, and 1.68% for the XAO followed a sharp drop in major indices on Wall Street, triggered by comments from Federal Reserve Chair Jerome Powell regarding…
Pilbara Minerals Shares Hit New 52 Week-Year Lows
Pilbara Minerals share price (ASX: PLS) hit a new 52 low today at $2.13, as the firm tries to reverse the bearish sentiment that has seen the stock drop 45.48% on a year-to-date basis. Lithium prices are largely responsible for the decline along with increasing production costs, as highlighted in Pilbara’s recent earnings report. Zooming…
ASX 200 Regains 8,300 as XAO Moves Above 8,500
The leading Aussie indexes saw an upward trend at the close of trading on Tuesday, as indicated by the S&P/ASX 200 stepping up by 0.78%, and retaking the 8,300 level, and the All Ords ending comfortably above 8,500 after a previous close just below at 8,494. This increase was largely driven by strong performances in…
Commodity Price Forecast into 2025
This year has proved challenging for commodities and commodity stocks, excluding the relatively stable performances of gold and silver. Factors such as a global economic slowdown and trade uncertainties contributed to a reduced demand. As the industry looks forward to 2025, several dynamics are expected to shape the commodity market. The resolution of COVID-19 pandemic-induced…
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ATFX Connect introduces APAC Premier, an exclusive service tailored for professional traders in the Asia-Pacific region. This premium offering is designed to provide traders with expert market insights, strategic updates, and ensuring they stay ahead in the dynamic financial landscape of the APAC markets. Expert Analysis and Regional Insights At the heart of APAC Premier…
Anteris Technologies Initiates U.S. IPO Launch
Anteris Technologies Global Corp. (ASX: AVR) has announced the commencement of its roadshow for the proposed launch of its initial public offering (IPO) in the United States. The company is set to offer 14,800,000 shares of common stock as part of this strategic move. ATGC has also granted underwriters a 30-day option to purchase an…
ANZ Shares Fall as Nuno Matos Succeeds Shayne Elliott as CEO
Australia and New Zealand Banking Group (ANZ) has announced a leadership transition in its top management. Effective immediately, Nuno Matos will take over from Shayne Elliott as the Chief Executive Officer of ANZ. This move was officially recognised in an ASX announcement today, and has seen ANZ shares fall 3.6% on the day, but hanging…
