Why is Domino’s Pizza Share Price (DMP) Down Again?
Domino’s Pizza Enterprises shares (ASX:DMP) continue in a seeming state of freefall today, with a 4.91% decline bringing the price to a close at the low of $20.32. Sentiment has been bearish for some time now, with an 85%+ drop from September 2021 highs, although the pace of decline is gathering pace in recent weeks….
Qantas to Ground Jetstar Asia Amidst Rising Costs – Jetstar Airways/Japan Not Impacted
Qantas Airways (ASX: QAN) announced today its decision to shutter Jetstar Asia, its Singapore-based budget airline subsidiary, by July 31, 2025. The move, attributed to escalating operational costs, intense regional competition, and persistent financial losses, marks the end of a 20-year venture that has struggled to achieve consistent profitability. While the news brings job losses…
Winners and Losers From July’s Minimum Wage Increase
In a move poised to ripple through the Australian economy, the Fair Work Commission (FWC) has mandated a 3.5% increase to the national minimum wage, effective July 1st. This adjustment, raising the hourly rate to A$24.94, translates to an extra A$1,670 annually for the approximately 2.6 million Australians relying on the national minimum wage or…
ASX 200 Hits New High as Energy and Materials Sectors Lead
The Australian stock market continues its strong performance, with the S&P/ASX 200 (XJO) hitting a new high at 8,639.10 early in the session, driven primarily by strong gains in the energy and materials sectors. The index closed marginally higher on the day, up 0.057% at 8,592.10 as the attempt to hold 8,600 fell flat through…
Lynas Rare Earths Shares Pull Back From Highs as US-China Talks Progress
Lynas Rare Earths shares (ASX: LYC) closed at $8.60 today, a significant 8.22% drop that has seen the break above $9 halted with the ever-present influence of China on the global rare earths market casting a shadow. This decline follows a period of upward momentum that saw the stock reach a two-year high above $9 ($9.42), fuelled…
Zip Shares (ASX: ZIP) Continue To Rally as BNPL Regulations Shift
Buy Now, Pay Later (BNPL) provider Zip Co shares (ASX: ZIP) enjoyed a significant boost today, climbing 6.39% as new regulations governing the BNPL sector in Australia come into effect. The stock closed at $2.33, reflecting a continuation of the upward trend observed over the past week and month, and push the company back beyond…
Can BHP Shares Recapture $40? A Bull and Bear View
BHP Group Limited (ASX: BHP), the world’s largest mining company, finds itself at a critical juncture. Currently trading at $38.23, BHP’s share price has gained 11.9% off April’s low, yet remains 4.3% below where it began 2025. Now the question as to whether BHP can sustain recent momentum and definitively break through the $40 psychological…
CBA’s Latest Rally Stops at 6, Shares Dip Below $180 Into Weekend
The Commonwealth Bank of Australia share price (ASX: CBA) saw its impressive rally take a breather as trading closed for the week, hovering just under the A$180 mark. After a period of sustained gains, the stock closed down 0.79% on the day, taking some off the table into the weekend. This pause comes after CBA…
Qantas Airways Shares Close The Week Strong, Normal Service Resumed?
Qantas Airways shares (ASX: QAN) are experiencing a resurgence, gaining an impressive 3.46% gain in the final session of the week, after a recent pause for breath. Today’s upwards move comes after a two day pause had seen a 4% pullback follow an eight-day winning streak, and puts QAN back on a bullish flightpath. This…
Lynas Rare Earths Share Price Hits New High on China Export Concerns
Lynas Rare Earths share price (ASX:LYC) surged to its highest level since February 2023 today, propelled by escalating anxieties surrounding China’s rare-earth export restrictions and strategic investments signaling confidence in the Australian company’s future. The stock closed at $9.26, marking a huge gain of 12.52% in the last 24 hours and a notable 39.04%% rise…
