Australian gold shares soared on Thursday, with the sub-index rising as much as 2.1% to 10,025.9 points — marking the index’s most significant intraday gain since 6 March. The rally comes as investors turn to gold amid lingering concerns over U.S. trade policies and …
Australian technology stocks made a comeback, with the sector’s sub-index (XIJ) climbing as much as 1.5% to reach 2366.3 points on Thursday. This marks the index’s most significant single-day gain since 3 March, breaking a two-day losing streak.
Boss Energy Ltd (ASX:BOE), a prominent player in the Australian uranium sector, saw its stock surge by 4.4% on Thursday morning, following the announcement that the company is increasing its stake in Laramide Resources Ltd (ASX:LAM). The stock, which closed at AU$2.17 on Wednesday, …
ResMed Inc. (ASX:RMD) is an ASX-listed company that offers digital health technologies and cloud-connected medical devices. In the quarter ended 31 December 2024 (2QFY25), the company recorded a 10% YoY revenue growth, reaching USD 1,282.1 million, driven by increased demand for sleep and respiratory …
Shares of Australian building materials companies fell sharply on Wednesday after local media reported that the U.S. will not exempt Australia from impending steel and aluminum tariffs, reversing earlier hopes for a trade deal. The news rattled the sector, as companies that rely on …
Shares of Nickel Industries (ASX:NIC) jumped 5.8% to AU$0.64 on Wednesday, staging a strong recovery after steep losses earlier in the week. The rally marks the company’s best trading session since 12 September 2024, as investors reacted to the firm’s efforts to ease concerns …
Shares of Australian copper miners soared as global copper prices climbed, buoyed by a weakening U.S. dollar and a drop in inventories on the London Metal Exchange (LME).
Shares of Australian travel-related companies saw a significant decline as investor sentiment turned cautious over concerns about weakening consumer demand and a possible economic slowdown. The downward trend follows U.S. carrier Delta Air Lines' latest earnings outlook, which suggested a potential cooling in travel …
Rio Tinto Ltd (ASX:RIO) shares are facing continued pressure, reflecting the broader market sell-off. Despite a modest increase in the iron ore price to US$100.45 per tonne, the mining giant’s shares have dropped 1.8% in Wednesday’s late morning trade to AU$117.14, down from yesterday’s …
Shares of Telix Pharmaceuticals Ltd (ASX:TLX) dipped 0.5% to AU$26.47 in Wednesday morning trade, following a broader market decline. The S&P/ASX 200 Index (ASX: XJO) was down 0.9% at the same time. Despite the slight pullback, Telix shares remain up 136% over the past …