News

Last Week In Europe : Momentum With Record Highs in Germany and France

European stock markets showcased an air of calm on Friday, sustaining the previous week’s vigorous performance, particularly underscored by the historic peaks reached by German and French stocks. Investor sentiment has seemingly entered a state of equilibrium as the Stoxx Europe 600 index solidified its position, celebrating an unprecedented seventh consecutive week at all-time highs….

Inghams Group (ASX:ING) Going Ex-Dividend as Investors Eye AU$0.12 Per Share

Investors looking to capture the forthcoming dividend payment from Inghams Group Limited (ASX:ING) will need to act rapidly, as the company is approaching its ex-dividend date imminently. With March 14th marked as the record date for the dividend entitlement, the pivotal ex-dividend date falls just one day earlier. Inghams, a prominent name within the poultry…

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…

Sandfire Rising Despite Poor Half Year Results

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?

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…