Westpac Banking Corp (ASX:WBC) Outpace Market with Strong Start to 2024
Investors of Westpac Banking Corp (ASX: WBC) have significant reasons to smile as the banking giant’s share price has impressively risen by 20.2% since the turn of the year, showcasing a performance that may raise expectations of whether it can surpass the broader market index, the All Ordinaries (XAO). As of the latest market data,…
ASX 200 Hits Record Highs Buoyed by Banking Rally. 30%+ For Which ASX Share?
In a momentous market uplift, the S&P/ASX 200 index achieved a historic milestone, rising more than 83 points (+1.07%) to reach an all-time high of 7847 points by the end of the week, and Friday session. Fuelling this ascent was a notable rally in the banking sector led by the Commonwealth Bank Of Australia, along…
ASX This Week : Trading Halt For Cann Group Amid Auditor Concerns
The Australian Securities Exchange (ASX) has put a pause on the trading of shares belonging to Cann Group Limited (ASX: CAN), an Australian cannabis-producing firm, following the surfacing of alarming signals regarding the company’s financial health. The move comes after the company’s auditor raised significant concerns about Cann Group’s ability to continue its operations amidst…
Investors Bullish on Sandfire Resources (ASX: SFR)
Pure play copper miner Sandfire Resources posted near disastrous financial results for both the full year 2023 and the half year 2024. The share price is still rising, outperforming rival diversified copper producers BHP and RIO. Most analysts agree copper demand will rise. Pure play copper miner Sandfire Resource’s DeGrussa copper/gold mine is in operation…
IC Markets Now Live On TradingView
IC Markets, a global leader in online trading and investing, has integrated with TradingView to enhance the way traders navigate the financial markets. With a thriving community of over 50 million traders worldwide, coupled with superior charting tools, real-time market data, and seamless trading integrations, TradingView is geared towards empowering traders to truly maximize their…
Is Inghams Group (ASX: ING) Still a BUY?
Chicken, turkey, and stockfeed producer and distributor Inghams Group’s share price hit a 52 week high on 6 February. The company reported blockbuster Half Year 2024 financial results on 15 February. A cautionary outlook may have been responsible for a collapsing share price, down double digits in the past month. Inghams listed on the ASX…
Australia’s Economy: Trade Surplus Hits A$11.03 Billion in January on Gold Export Surge
Australia’s economy started the year on a strong note as trade figures for January 2024 indicated a bounce in the surplus to A$11.03 billion, up from a slightly revised figure of A$10.74 billion in the previous month. The driving force behind this surge came from a 1.6% month-over-month increase in exports which tallied up to…
Temple & Webster (ASX:TPW) Shares – CEO Diversifies 8% In Sale
In a significant insider move, Temple & Webster Group Ltd (ASX:TPW) witnessed its insider & CEO Mark Coulter, sell a substantial chunk (~8%) of his stake in the company. On the recent trading days of Wednesday, 21st & 28th February, it was filed that Coulter offloaded a total of 886,785 shares and options of the…
Can the HUB24 (ASX: HUB) Keep Rising?
HUB24 serves the community of financial advisers with integrated platform and technology services to better serve their investor client base. The share price has been rising with minor dips since 2028. HUB24 controls less than 10% market share in its key target market. HUB24 has grown both revenue and net profit in each of the…
QBE Insurance Group (ASX: QBE) Vaults into the ASX Top Twenty
International property and casualty insurance provider QBE Insurance Group reverses an FY 2020 loss with profit gains in the next three years. As of 1 March 2024 the company was moved into the S&P/ASX 20 Index, Australia’s top 20 companies by market cap. The share price is up both year over year and year to…
