Maas Group Shares Breakout to New ATH: Here’s Why
Maas Group shares (ASX: MGH) head into this week’s open at a new ATH, after clearing the final major regulatory obstacle standing between the company and one of the largest construction materials transactions in recent Australian corporate history. The MGH share price jumped 12.72% on Friday to close at A$6.38, marking a new all-time high,…
Macmahon Holdings Shares At Decades High: The Latest
Macmahon Holdings shares (ASX: MAH) hit the highest level in nearly two decades to close out last week, after company unveiled a deal to acquire engineering specialist Aspect Engineering Solutions, a move that promises immediate earnings accretion and a meaningful expansion of the company’s service capabilities. The Macmahon share price jumped 9.98% to close out…
Tasmea Shares Break Through A$10 to ATH: The Latest Look
Tasmea shares (ASX: TEA) surged to a fresh record close of A$10.54 on Friday, capping a remarkable week that cemented the industrial services company’s transformation into one of Australia’s most closely watched mid-cap growth stories. The Tasmea share price jumped 13.7% ahead of the weekend, closing at A$10.54 and breaking cleanly through the psychologically significant…
ANZ Shares The Big Four Standout So Far This Year
Australia’s major banks are having a mixed year so far, with ANZ quietly outperforming its peers while Commonwealth Bank’s lofty valuation continues to attract selling pressure and short interest. The performance gap across Australia’s Big Four banks has widened noticeably in recent weeks. ANZ shares (ASX: ANZ) added 1.1% over the past week, extending its…
Woodside Energy Shares Close Week Red, With Oil Back At $100
Woodside Energy shares (ASX: WDS) closed Friday’s session down 1.7% at A$32.42, as crude oil pulled back from midweek highs. Reports of a potential near-term restart of Saudi Arabia’s East-West pipeline contributed to easing supply fears, taking some heat out of the geopolitical premium that had been priced into crude through much of the week….
CSL Shares Move Positive On Year, A Bulls Eye Breakout
CSL shares (ASX:CSL) has delivered one of the more impressive turnarounds on the ASX this year, with the stock back above A$175. Considering the CSL share price spent much of the year under pressure, and was down as much as 46% into early June, the move back into positive territory YTD is quite the feat….
Wesfarmers Shares Fight to Snap Five-Week Losing Streak
Wesfarmers shares (ASX: WES) edged higher on Thursday, offering bulls a sliver of hope as the retail conglomerate attempts to end its longest weekly losing run in recent memory. With Wesfarmers’ share price now deeply oversold, the question for markets is whether technical exhaustion can overcome a the macro backdrop. The stock closed yesterday’s session…
West African Resources Shares Slide 7%: Here’s What Happened
West African Resources shares (ASX: WAF) fell more than 7% on Thursday, closing out the day at A$3.52 for a 7.37% drop. That made WAF the second worst performer on the ASX 200 for the day, yet there was a technical reason responsible for a large part of that dip. The stock moved ex-dividend on…
EOS Shares Return Positive YTD, As Buyers Step In
EOS shares (ASX: EOS) topped the ASX 200 leaderboard on Thursday, surging 7.99% to close at A$10.00, as markets stepped back in to the name. The close at A$10.00 is a milestone for EOS holders who have had to deal with plenty of volatility so far this year, and returns the stock to positive year-to-date…
Dyno Nobel Shares Breakout to Decade High, As Resistance Gives Out
Dyno Nobel shares (ASX: DNL) were the second best performer on the ASX 200 on Thursday, adding 7.77% to close at A$4.16 after briefly touching a decade-high of A$4.19 intraday. The latest move was decisive, with the DNL share price powering through the A$4.00 resistance level that had capped the stock in each of the…
