The Best Stocks on the ASX 200 This Year
It has been a mixed year for the broader ASX 200, with the index only just reclaiming positive ground YTD, but underneath the index level there have been some major outperformers that have shone through. As the fourth quarter of the calendar year get’s motoring, it is high time to have a quick look back…
SCEE Shares Regain Momentum, As Acquisition Confirmed
SCEE shares (ASX: SXE) enjoyed a strong bounce on Monday, adding 7.78% to close at A$4.99, after the company announced the acquisition of Victorian fire protection and HVAC services group Entire Operations Pty Ltd in a deal worth up to $112.1 million. The session’s gain puts momentum firmly back with SCEE bulls after a painful…
Zip Co Shares Looking To Turn A Corner, Lead ASX 200 Today
Zip shares (ASX: ZIP) sat atop the ASX 200 leaderboard to start the week, closing at A$2.28 after a 5.56% gain on the session. The move builds on a recovery that has now delivered a 14% gain since the start of October, and was enough to push the stock back above its 30 day SMA…
ASX 200 Reclaims Near Term Momentum Marker: Today’s Movers
The ASX 200 closed 0.76% higher at 8,783.20 to start the week, reclaiming its 30 day SMA for the first time since late August and pushing back into positive territory YTD. The gains are important as far as momentum, carrying genuine technical and psychological weight against what has been a tricky macro backdrop of late….
GYG Shares Testing Momentum After Solid Week
Guzman y Gomez shares (ASX: GYG) are coming off a standout week, closing 5.41% higher at A$26.48 off the back of a solid first-quarter trading update that showed broad-based sales momentum and a meaningful step up in comparable store growth. Following the release of the Q1 FY27 trading update, the stock jumped to an intraday…
Champion Iron Shares Hit For Six: As Sixth Weekly Decline Brings Six Year Low
Champion Iron shares (ASX: CIA) have become one of the whipping boys of the ASX this year, falling 54.32% YTD, and hitting a 6 year low at A$2.79 ahead of the weekend. The sixth consecutive week of declines, and a six year low raises a few questions heading into the week ahead. But before we…
Capstone Copper Shares Slip Below Key Moving Average: The Latest
Capstone Copper shares (ASX:CSC) fell through a major technical momentum marker ahead of the weekend, raising near-term caution about what comes next. [stock_market_widget type=“chart” template=“candlestick” assets=“CSC.AX” range=“1y” interval=“1d” price_field=“close” heading=“Capstone Copper Corp Share Price (ASX: CSC)” candle_border_width=“1” candle_bullish_background_color=“#21BA45” candle_bearish_background_color=“#DB2828” candle_bullish_border_color=“#21BA45” candle_bearish_border_color=“#DB2828” axes_color=“#000000” tooltip_text_color=“#262626” tooltip_background_color=“#FFFFFF” range_selector=“true” volume_enabled=“false” axes_enabled=“true” tooltip_enabled=“true” zoom_enabled=“true” save_image_enabled=“true” cursor_enabled=“true” api=“yahoo-finance”] The CSC share…
Alkane Resources Shares Pull Back as Rally Takes a Breather
Alkane Resources shares (ASX: ALK) extended a short-term pullback on Friday, slipping 2.77% to close at A$1.76, even as the company delivered a solid operational update and confirmed the payment of its maiden dividend. The retreat tests near-term technical support but does little to dent a broader 12-month gain of 63.89%, leaving the stock as…
Santos Shares At Highest Level In Years, As Woodside Valuation Gap Narrows
Santos shares (ASX:WTO) made a six-year high close on Friday, continuing what has been an impressive year for the stock, and one that has offered up some meaningful outperformance against larger rival Woodside Energy. The energy sector has been right at the forefront of attention this year, with oil prices not just boosting the coffers…
Fisher & Paykel Shares Sit At New High: Can Four Weeks Turn To Five?
Fisher & Paykel shares (ASX: FPH) have continued on their record-breaking run, closing Friday’s session at A$38.40 after hitting an intraday all time high at A$38.61. This marks the fourth consecutive week of gains for the stock, with a 9.1% bounce in less than a month. The FPH share price added 0.84% on Friday, and…