Zip Shares Carve Out V-Shaped Recovery As Rally Continues
Zip Co shares (ASX:ZIP) are capturing attention once again as it continues it’s rapid recovery, currently trading A$2.87, for a 5.9% gain on the day. This resurgence follows a period of volatility and strategic recalibration for the Buy Now, Pay Later (BNPL) firm. The stock has demonstrated resilience, carving out a V-shaped recovery trend that…
Megaport Shares (MP1) Pull Back From Highs In Test of Support
Megaport shares (ASX: MP1) have been a huge outperformer on the ASX this year. With MP1 having added 79.1% since the start of 2025, new 52 week highs of $14.37 were hit in yesterday’s session, only for the stock to pull back 6.01% in today’s session. A pause, or a retracement to find near term…
CBA Shares Make New High To Go With Market Cap Milestone
The Commonwealth Bank of Australia share price (ASX: CBA) is currently in the process of making record-breaking valuations, with a gain of 1.48% on the day bringing new highs of A$183.31 in the process. Over the past year, CBA shares have gained an impressive 44%, significantly outperforming many of its peers, as well as the…
TechOne Shares (TNE) Impressive Rally Back on Track
TechnologyOne (ASX:TNE) has established itself as one of Australia’s premier Software-as-a-Service (SaaS) businesses, consistently delivering solid growth and profitability. The TechOne share price has added a further 1.98% today, moving back in sight of highs ($42.88) at $41.15 after a mightily impressive rally that has now extended to 124.5% over the past 12 months. But…
ASX 200 Materials Index (XMJ) Leads Markets Lower as Miners Stutter
The S&P/ASX 200 Materials Index (INDEXASX: XMJ) lead Aussie markets lower today, closing at 16,014.80 points, for a loss of 1.56%. Downward pressure on the sector led the ASX to close 0.12% down on the day and reflects a complex interplay of global economic factors, commodity price volatility, and sector-specific headwinds. The XMJ index, a crucial…
CSL Shares (ASX: CSL) Under Pressure Looking For Support
CSL Limited shares (ASX:CSL) have shown considerable chop in recent years, with the last five years of price action highlighting a market that is uncertain about which direction to take. The company, a stalwart of the ASX and a global leader in biotechnology, finds itself trading at A$239.29 per share, moving closer to the 52wk…
Telstra Group Shares (TLS) Hit Multi-Year High – What Next?
Telstra Group Limited (ASX:TLS) has broken through to a new 52-week high, reaching A$4.91 during intraday trading before settling slightly lower at A$4.88 into the close. This milestone marks a significant achievement for the telecommunications giant, with gains of 21% YTD, and 37.46% in 12 months painting a picture of outperformance. But what’s driving the…
ASX Ltd Shares (ASX: ASX) Drop as ASIC Launches Broad Investigation
ASX Limited (ASX.AX), the operator of the Australian Securities Exchange, is facing significant headwinds as its shares fell 6.62% today following the announcement of a comprehensive investigation by the Australian Securities and Investments Commission (ASIC). The ASX share price closed at $67.89, down $4.88 on the day, trading near a support area that had previously…
ASX 200 Slides into Weekend as Energy Sector (XEJ) Gains 4.7%
The Australian stock market presented a mixed picture to end the trading week, with the benchmark S&P/ASX 200 Index (ASX: XJO) facing downward pressure while the S&P/ASX 200 Energy Index (INDEXASX: XEJ) surged to new heights. As the ASX 200 dipped 0.21% into the weekend at 8,547.40, the XEJ closed at 8,625.20, marking a significant…
Woodside Energy Shares Make Big Red/Green YTD Move On Oil Price Gains
Woodside Energy shares (ASX:WDS) ended the week trading at A$25.21, as a gain of 7.41% on the day moved the price back into positive territory year-to-date (+1%). With the Israeli strike on Iran increasing tensions in the region, crude oil prices have soared more than 7% today. While the stock has shown strength today as…
