Codan Leads ASX 200 Today: What Is Driving The Shares To New Highs?
Codan shares (ASX: CDA) rocketed to an all-time high on Monday after the ASX-listed technology company delivered a stunning mid-year trading update, projecting H1 FY27 net profit to surge at least 125% on the back of extraordinary demand for its unmanned systems communications technology. The move extends a breakout that has been building since the…
CSL Shares Double Off Lows, In Year of Two Halves
CSL shares (ASX: CSL) has delivered one of the more dramatic recoveries on the ASX this year, with shares jumping more than 93% off their June 2026 lows to close above A$180 for the first time since the stock’s brutal first-half selloff. The CSL share price closed at A$181.91 to start the week, gaining 2.8%…
Karoon Energy Shares Move Red YTD, As Guidance Cut Again
Karoon Energy shares (ASX: KAR) closed Monday’s session at A$1.56, down 12.89% on the day, in one of the stock’s heaviest single-session declines in recent memory. The move was important not only for its size, but for pushing the KAR share price below both its 50-day SMA at A$1.75 and its 200-day SMA at A$1.77…
Minerals 260 Shares Fall Double Digits To Start The Week: Why?
Minerals 260 shares (ASX: MI6) sat at the bottom of the ASX 200 leaderboard to start the week, falling 10.64% to A$0.84. Coming in off the back of a huge YTD rally, what caused the sudden shift in momentum? The pullback came as the MI6 share price once again ran into resistance near the A$0.95…
Whitehaven Coal Shares Approach Oversold Territory: Is the Selloff Overdone?
Whitehaven Coal shares (ASX: WHC) have shed more than 18% of its value in just three weeks, dragging the price to A$7.35 and raising a question as to whether the stock once again looks like value, or a trap? Looking year to date, WHC has now fallen 5.89%, with the damage being done in the…
Ingenia Communities Shares Add 30% This Month: Here’s Why
Ingenia Communities shares (ASX: INA) closed Monday’s session up 5.78% at A$4.76, touching an intraday high of A$4.82 before easing slightly into the close. The move marks the latest leg of a dramatic September rally that has taken the stock from around A$3.64 in early September to its current level, up 30% on the month….
Northern Star Resources Lead ASX 200 To Start Week: The Latest
Northern Star Resources (ASX:NST) sat atop the ASX 200 on Monday after revealing it had received and rejected a confidential takeover proposal from South Africa’s Gold Fields, placing a firm valuation floor under one of Australia’s most prized mining assets. Northern Star shares jumped as much as 11% intraday to A$24.46 before closing up 6.15%…
Dateline Resources Shares Catch a Bid, Amid Difficult Year
The Dateline Resources share price (ASX: DTR) rallied 47.62% to open the week at A$0.093, delivering a measure of relief to long-suffering shareholders after an extended period of legal-driven selling pressure. The move needs to seen in context with the bigger picture, as DTR remains down 80% over the past 12 months and 57.73% in…
RBA Expected to Deliver Fourth Rate Hike of The Year: But What Next?
The Reserve Bank of Australia is widely expected to lift the official cash rate by 25 basis points to 4.60% at its board meeting today, a move that would mark the fourth rate increase of the year and push borrowing costs to their highest level since November 2011. With near-unanimous consensus among economists and money…
BHP Shares Heading for Second-Worst Month of 2026
BHP shares (ASX: BHP) are on course for their second-worst monthly decline of the year, down 8.3% through September to date, heading into the final three trading sessions at A$60.72. The BHP share price is holding the support line around A$60.00, a zone that markets will be watching closely as the week plays out. The…
