Rio Tinto Shares Move Red on Year: Mining Pause Adds To Pullback
Rio Tinto shares (ASX:RIO) closed out October under pressure, weighed down by a seismic-triggered operational pause at its flagship Oyu Tolgoi copper mine. The latest disruption has pushed the Rio Tinto share price negative on the year (-0.26%), as an 11.75% decline in October adds to what is now a 25% pullback from the highs…
Treasury Wine Estates Shares Breakout Above Resistance
Treasury Wine Estates shares (ASX:TWE) made a new 52 week high at A$6.20 to close out October, as a 4.05% gain on Friday brought the monthly gain to 13%. Whilst the YTD appreciation of 16.42% is not to be sniffed at, the real story comes since late March, with TWE shares now more than 83%…
Reece Shares End Volatile Week Strong: The Latest Look
Reece shares (ASX: REH) closed October up 0.77% at A$17.09 after a dramatic late-month swing that saw shares fall, only to recover in the coming days, off the back of an AGM trading update. The move is clearly visible even on the 1 year chart below, with a huge red candle followed up by a…
Catalyst Metals Shares Hit 52 Week Lows, As Delays Impact Outlook
Catalyst Metals shares (ASX: CYL) took a big hit on Friday, falling 24.76% to $3.92 on volume of 7.3 million shares, 5.55 times the average daily volume. The move came following the quarterly update, one that clearly failed to hit the mark as far as markets are concerned. Down 46.88% since the turn of 2026,…
Big Four Expecting Rate Hike At November RBA Meet: But What Follows?
Australia’s four major banks have unanimously agreed that the Reserve Bank of Australia will lift the official cash rate by 25 basis points to 4.85% this week (November 3), as a hotter-than-expected inflation print increased the odds of a fifth hike. The September CPI data set the latest expectations in motion, as pricing for a…
Coles Shares Break Down, As Guidance Rattles Market
Coles Group shares (ASX:COL) fell 11.77% last week, rounding out October 7.28% lower at $21.66 on heavy volume. There were 15.28million shares changing hands on the final day of the month, 5.77x the ADV, as the technical structure broke down. The fundamental trading update was the cause, and the reaction saw Coles share price fall…
4DMedical Shares Tail The ASX 200 Into Month End: Technicals Break Down
4DMedical shares (ASX:4DX) were the worst performer on the ASX 200 into month end, down 25.61% on the day at A$2.44 in a month that could be year defining. October saw the 4DX share price shed 42.59%, which alongside a YTD pullback of 46.26% tells you a big part of the picture. But a glance…
ASX 200 Caps Solid October With 8,900 Hold: Sector Rotation Continues
The ASX 200 rounded out a solid October with a gain of 1.4% at 8,908.10, with a key technical reclaim of the 200-day moving average supporting a shift in momentum. The XJO continues to outperform the broader All Ordinaries Index, which itself held above the psychological 9,000 level despite posting a more modest monthly gain…
Intel Shares Fall 23% Following Earnings Beat: What Happened?
Intel shares (NASDAQ:INTC) took a beating after the US market closed, with the quarterly earnings beat quickly pushed aside against a disappointing guidance. The stock sits at $70.87 overnight, down 23.03%, with markets stuttering in the face of tech earnings. The QQQ ETF, tracking the Nasdaq 100 is down 1.54% overnight after a 1.42% drop…
Integral Diagnostics Shares Hit New Low, As Trading Update Rattles Markets
Integral Diagnostics shares (ASX: IDX) fell to a new 52-week low on Thursday, after the company delivered a first-quarter trading update at its AGM that disappointed in the eyes of markets. The IDX share price fell 14.66% on the day to close at A$1.77, marking a new 52-week low and pushing the stock’s year-to-date decline…
