CBA’s Latest Rally Stops at 6, Shares Dip Below $180 Into Weekend
The Commonwealth Bank of Australia share price (ASX: CBA) saw its impressive rally take a breather as trading closed for the week, hovering just under the A$180 mark. After a period of sustained gains, the stock closed down 0.79% on the day, taking some off the table into the weekend. This pause comes after CBA…
Qantas Airways Shares Close The Week Strong, Normal Service Resumed?
Qantas Airways shares (ASX: QAN) are experiencing a resurgence, gaining an impressive 3.46% gain in the final session of the week, after a recent pause for breath. Today’s upwards move comes after a two day pause had seen a 4% pullback follow an eight-day winning streak, and puts QAN back on a bullish flightpath. This…
Lynas Rare Earths Share Price Hits New High on China Export Concerns
Lynas Rare Earths share price (ASX:LYC) surged to its highest level since February 2023 today, propelled by escalating anxieties surrounding China’s rare-earth export restrictions and strategic investments signaling confidence in the Australian company’s future. The stock closed at $9.26, marking a huge gain of 12.52% in the last 24 hours and a notable 39.04%% rise…
All Ords Index Hits New High Before Tailing into Market Close
The ASX All Ords (XAO) made a new 52 week high today, hitting a mark of 8,796.70 before tailing off into the close. The index closed at 8,768.60 for a mild 0.018% decline on the day, with resistance often-times found at psychologically rounded numbers such as 8,800. The ASX 200 charted a similar path on…
ASX 200 Recaptures 8,500 Level After 16% Rally From April Lows
The ASX 200 index (XJO) surged past the 8,500-point mark today, closing at 8541.80 after a 0.89% gain on the session. The index is closing back in on it’s high of 8,615.20, signaling renewed investor confidence in the Australian market. Recent growth is underpinned by broader economic indicators that suggest a positive outlook for the…
West African Resources Shares (WAF) Pull Back From Highs, Psychological Resistance Hit?
West African Resources shares (ASX:WAF) have taken a pause in recent sessions, after a period of substantial gains, with the stock up 84.69% since the start of 2025. The share price hit resistance around the psychologically important $3 level, hitting a high of $2.98, on to retreat into today’s close at $2.72 for a 3.89%…
IDP Education Shares Drop 75% in 12 Months: New Low as Outlook Cut
IDP Education shares (ASX:IEL) fell by 48.06% today, making a near decade low at $3.86 before closing out the session at $3.88. The company, a leader in international student placement and English language testing, issued a concerning trading update, that has clearly fuelled the bearish sentiment that already been building over the past year. Today’s…
Catalyst Metals Shares (ASX: CYL) Make New High on Breakout Above $7
Catalyst Metals shares (ASX:CYL) is electrifying the Australian gold sector today, surging to a new all-time high of $7.30 per share, before closing at $7.22 (+7.76%) on a firm breakout above $7. This breakout performance underscores Catalyst’s transformation from a promising explorer to a significant gold producer with a dominant landholding in three of Australia’s…
Domino’s Pizza Enterprises Shares (ASX: DMP) Fall to 52-Week Low
Domino’s Pizza shares (ASX: DMP) fell by 5.08% in today’s session, hitting a new 52-week low of $22.23 before ending the day marginally higher at $22.25. Bearish sentiment has been building, in what has undeniably been a challenging period for holders of the pizza giant. The latest low stands in stark contrast to DMP’s all-time…
Brickworks and Soul Patts Shares (BKW, SOL) Both Hit New Highs on Merger News
In a seismic shift within the Australian corporate landscape, Brickworks Limited (ASX: BKW) and Soul Patts (ASX: SOL) have sent shockwaves through the market with the announcement of a merger. The news propelled both companies to new all time highs, with Brickworks shares surging a remarkable 27.59% to a new 52 week/ATH of $35.20, and…
