Megaport Shares Testing Momentum, After Sharp Pullback From Highs
Megaport shares (ASX: MP1) fell back 9.91% yesterday to close at A$17.73, some 23% off the 52 week high from earlier this month, as markets test the strength of this year’s rebound. Tuesday’s session was a bruising one for growth-oriented tech stocks on the ASX, with the S&P/ASX 200 Information Technology sector falling 4.39% in…
Codan Shares Pull Back With Tech, As Technicals Cool Off
Codan shares (ASX: CDA) fell 6.04% to A$63.28 today, giving back a small slice of the best run on the ASX 200 this year. The CDA share price remains 118% higher YTD as the top performer on the index, yet with the Info Tech sector down big on the day, the leading tech stock was…
KOSPI Megacaps Hammered as China Breakthrough Triggers Fifth Straight Decline
South Korea’s benchmark KOSPI index fell 5.46% on Tuesday to close at 6,035.35, its fifth consecutive losing session, as Chinese memory chipmaker ChangXin Memory Technologies rattled the country’s megacap heavyweights. The selling was severe, with the KOSPI briefly down more than 7% intraday, breaking below the psychologically significant 6,000 level before a circuit breaker was…
Perpetual CFDs: how they work, what they cost and when to trade them
The number of trading instruments available continues to grow, with perpetual CFDs one of the latest additions to the derivatives list. With futures, options, CFDs, tokenised stocks, and now perp CFDs, it is important to understand why you would want to use on over another. It is certainly better to have a few instruments up…
PYC Therapeutics Shares Lag The ASX 200 Today: The Latest
PYC Therapeutics shares (ASX: PYC) just delivered the worst decline in recent memory today, falling back 10.46% to claim the unwanted title of worst performer on the ASX 200. Despite today’s damage, PYC remains up 31.48% YTD, and has more than doubled from its 52-week low of A$1.04, with a TTM gain of 96.33. The…
MinRes Shares Fall To 2026 Low, As Lithium Stocks Sell-Off
MinRes shares (ASX:MIN) fell 6.66% to A$45.61 today, as selling pressure gathers pace in lithium exposed names. Peers such as PLS, Liontown, and IGO were also hit hard on the day, closing down by 8.61%, 4.67%, and 6.45% respectively. The move was directly linked to lithium prices, as Chinese lithium carbonate futures fell 8.4% on…
The Worst Performing ASX 200 Stocks of 2026: Seven Hardest Hit
There have been a range of stocks on the ASX 200 this year that have seen valuations slashed in half, with the worst performer of the bunch having lost more than three quarters of its market cap. While the ASX 200 index has held relatively flat on the year so far, there is a huge…
Liontown Makes New 52-Week Low: Shares Drop 71% In Five Months
Liontown shares (ASX: LTR) continued to get pushed lower to start the week, extending what has been an alarming five-month pullback for holders with a fresh 52 week low at A$0.74. As if a 53.7% YTD decline was not bad enough, the LTR share price is actually in the midst of a 71% drawdown since…
Pro Medicus Shares Reclaim Key Moving Averages: The Latest Look
An important move for momentum traders to start the week saw Pro Medicus shares (ASX: PME) pushed back above two closely watched technical levels, amid what has been a particularly volatile year for the stock. After spending much of September and October grinding lower alongside a declining 200 day SMA, the PME share price has…
BlueScope Steel Shares Up 50% on Year, As Support Steps In
BlueScope Steel shares (ASX: BSL) added 3.51% to start the week at A$31.00, building on what has been an impressive 50% gain over the past 12 months. Monday’s close at A$31.00 marked a decisive reclaim of two closely watched technical levels for BSL shares. After a period of consolidation that saw the stock drift toward…
