News

Why FENIX Resources (ASX:FEX) Share Price Dropped on Monday?

Key HighlightsFENIX Resources (ASX: FEX) fell 9.33% to close at $0.34 on March 16, 2026, reflecting broader iron ore sector weaknessGlobal iron ore market facing significant oversupply with prices forecast to decline from current levels to US$77/tonne in 2026Despite production doubling in H1 FY2025-26, …

Aditi Sarkar | 16 March 2026

Challenger Ltd (ASX:CGF) Rises on H1 Earnings, Dividend Growth and Buyback

Key HighlightsChallenger Ltd (ASX: CGF) closed at $7.68, up 4.07% on March 16, 2026, driven by strong earnings momentum and sector tailwindsH1 2026 results showed 2% EPS growth to AUD 0.333 and a 7% dividend increase to AUD 0.155 per share, signaling confidence in …

Aditi Sarkar | 16 March 2026

Why Cuscal Ltd (ASX: CCL) Stock Rose Today?

Cuscal Ltd (ASX:CCL) delivered positive momentum on March 16, 2026, with shares rising 3.68% to close at $3.95, signaling renewed investor confidence in the Australian payments infrastructure provider. This price movement occurs at a pivotal moment for the company—six weeks after strong half-year results …

Aditi Sarkar | 16 March 2026

Why AMP (ASX: AMP) Stock Gained Today: Key Catalysts Investors Should Know

AMP Limited (ASX:AMP) shares surged 4.27% to close at $1.22 on March 16, 2026, reversing concerns that have weighed on the stock throughout 2026. The Australian financial services giant is turning a corner as multiple positive catalysts converge: strong earnings growth, strategic leadership transition, …

Aditi Sarkar | 16 March 2026

COG Financial Services (ASX:COG) Stock Advances on EBITDA Growth and Dividend Signal

Key HighlightsCOG Financial Services stock jumped 6.84% to $1.405 on March 16, 2026, amid positive earnings momentum and analyst upgrades1H 2026 results show underlying EBITDA up 14% and EPS up 7%, signalling strong operational performance and earnings growth trajectoryConsensus Buy rating with average price …

Aditi Sarkar | 16 March 2026

ASX Limited (ASX:ASX) Shares in Focus Amid Revenue Growth and CHESS Upgrade Progress

Key HighlightsOperator of Australia's primary securities exchange with essential market infrastructure roleQ1 2026 revenue growth of 11.2% YoY to AUD 602.8 million demonstrates strong demandRegulatory challenges including $150 million additional capital charge from ASICCHESS replacement program on track to upgrade clearing and settlement systemsChief …

Team Kalkine | 16 March 2026

GQG Partners (ASX:GQG) Delivers Favourable Investment Gains Despite Client Outflow Streak

Key HighlightsFUM grew 4.3% to US$172.9bn in February 2026 despite eighth consecutive month of net client outflowsStrong investment performance drove US$10.5bn gains, offsetting US$3.2bn of net outflows across strategiesTrading at 8.89% annual dividend yield with unfranked quarterly payments to shareholdersStock down ~21% over past …

Team Kalkine | 16 March 2026

Infratil (ASX:IFT) Positions For AI Infrastructure Surge with Data Centre and Renewables Power

Key HighlightsInfratil targets doubling data center profits by FY27 through strategic CDC investmentsRenewable energy portfolio expanding with Longroad Energy targeting 10GW capacity by 2028Secured investment-grade credit rating from S&P Global in December 202567% of $19 billion portfolio allocated to digital infrastructure with strong secular …

Team Kalkine | 16 March 2026

What's Driving Peet Ltd (ASX: PPC) Stock Up 3.78% Today.

HighlightsPeet closed at $1.92, up +3.78% on March 16, 2026FY25 net operating profit surged 60% to $58.5 million with revenue climbing 39% to $437.3 millionManagement upgraded FY26 net profit guidance to $86–$90 million, a 54% increase from FY25Strong settlement momentum: 2,768 lot sales and …

Sonal Goyal | 16 March 2026

Why Predictive Discovery (ASX: PDI) Stock Is Rising Today?

HighlightsPDI stock closed at $0.85 today, up +3.66%, signaling renewed investor confidenceBankan Gold Project represents the largest gold discovery in West Africa in a decade with 5.53Moz resourceDefinitive Feasibility Study (June 2025) projects 250koz/annum production with NPV5% of US$1.6bn at US$2,400/oz goldConstruction scheduled for …

Sonal Goyal | 16 March 2026