Megaport Shares (MP1) Pull Back From Highs In Test of Support
Megaport shares (ASX: MP1) have been a huge outperformer on the ASX this year. With MP1 having added 79.1% since the start of 2025, new 52 week highs of $14.37 were hit in yesterday’s session, only for the stock to pull back 6.01% in today’s session. A pause, or a retracement to find near term…
CBA Shares Make New High To Go With Market Cap Milestone
The Commonwealth Bank of Australia share price (ASX: CBA) is currently in the process of making record-breaking valuations, with a gain of 1.48% on the day bringing new highs of A$183.31 in the process. Over the past year, CBA shares have gained an impressive 44%, significantly outperforming many of its peers, as well as the…
Australia’s Superannuation Guarantee Set to Rise
Superannuations in Australia are about to shift significantly, with the Superannuation Guarantee (SG) rate set to reach 12% on July 1, 2025. This final step in a phased increase, which began over a decade ago, promises to reshape retirement savings for Australian workers and ripple through the nation’s financial markets. For employees, the primary benefit…
TechOne Shares (TNE) Impressive Rally Back on Track
TechnologyOne (ASX:TNE) has established itself as one of Australia’s premier Software-as-a-Service (SaaS) businesses, consistently delivering solid growth and profitability. The TechOne share price has added a further 1.98% today, moving back in sight of highs ($42.88) at $41.15 after a mightily impressive rally that has now extended to 124.5% over the past 12 months. But…
ASX 200 Materials Index (XMJ) Leads Markets Lower as Miners Stutter
The S&P/ASX 200 Materials Index (INDEXASX: XMJ) lead Aussie markets lower today, closing at 16,014.80 points, for a loss of 1.56%. Downward pressure on the sector led the ASX to close 0.12% down on the day and reflects a complex interplay of global economic factors, commodity price volatility, and sector-specific headwinds. The XMJ index, a crucial…
CSL Shares (ASX: CSL) Under Pressure Looking For Support
CSL Limited shares (ASX:CSL) have shown considerable chop in recent years, with the last five years of price action highlighting a market that is uncertain about which direction to take. The company, a stalwart of the ASX and a global leader in biotechnology, finds itself trading at A$239.29 per share, moving closer to the 52wk…
Telstra Group Shares (TLS) Hit Multi-Year High – What Next?
Telstra Group Limited (ASX:TLS) has broken through to a new 52-week high, reaching A$4.91 during intraday trading before settling slightly lower at A$4.88 into the close. This milestone marks a significant achievement for the telecommunications giant, with gains of 21% YTD, and 37.46% in 12 months painting a picture of outperformance. But what’s driving the…
Earnings and Dividends This Week – 16th June 2025
In this article we take a look at the upcoming dividends and earnings to watch out for on the ASX this week. Upcoming Earnings The earnings seasons in Australia is hibernating, with not a single company reporting earnings results this week. Upcoming Dividends There is only one company going ex-dividend this week, so those…
52 Week Lows This Week – 16th June 2025
Stocks hitting 52 week lows and 52 week highs are closely watched by investors looking for value and high growth respectively. Bargain hunters look for profitable companies hitting 52 week lows, whereas stocks hitting 52 week highs provide fertile ground for growth seeking investors. Here are the stocks hitting 52 week lows and 52 week highs this…
Market Outlook This Week – 16th June 2025
We take a look back at the key events from last week, check the market outlook for this week and list the key economic events, data releases and IPOs to look for. The ASX 200 was closed on Monday June 9th, opening the trading week on the 10th. The market hit an all-time…
