Macquarie Cuts Price Target on Fletcher Building (ASX: FBU)

Fletcher Building Ltd (ASX: FBU)has faced a turbulent start to 2025 despite a modest year-to-date share price recovery. It is trading at AU$3.04, which slipped from recent highs of around AU$3.14, and analysts remain sceptical about its outlook. A series of broker downgrades highlights …

Team Kalkine | 19 May 2025| Read Time : 10 Mins

New Hope Corporation (ASX: NHC) Shares Slide 7% on Lower Coal Prices

The shares ofNew Hope Corporation Ltd (ASX: NHC)fell sharply on Monday following the release of the company’s third-quarter results. At the time of writing, the ASX 200-listed mining stock is down 7% to AU$3.66, reflecting investor reaction to a combination of weaker coal prices …

Team Kalkine | 19 May 2025| Read Time : 10 Mins

Gentrack (ASX: GTK) Profit Climbs Over 35% Amid Lower Tax and FX Gains

Gentrack Group Ltd (ASX: GTK)shares moved lower on Monday, falling 5% to AU$10.58 following the release of the company’s half-year financial results to 31 March 2025. The market response reflects a contrast between sound financial performance and elevated investor expectations after a period of …

Team Kalkine | 19 May 2025| Read Time : 10 Mins

Electro Optic Systems (ASX: EOS) Shares Surge 14% on Major European Contract

Shares ofElectro Optic Systems Holdings Ltd (ASX: EOS)have surged in early Monday trading following the announcement of a significant defence contract. The company’s stock rose 14% to AU$1.48 during morning trade, standing out amid a broader decline in the ASX All Ordinaries index, which …

Team Kalkine | 19 May 2025| Read Time : 10 Mins

Australian Gold Stocks Jump 4% Amid Weaker U.S. Data, Rising Bullion Prices

Australian gold miners rallied sharply on Thursday, with the ASX-listed Gold Sub-Index (.AXGD) jumping as much as 4.1% to 11,474.2 points, marking its largest single-day percentage gain since May 6. The rally coincided with a more than 1% increase in global gold prices, buoyed …

Team Kalkine | 16 May 2025| Read Time : 10 Mins

Viva Energy (ASX:VEA) Partners with Cleanaway on Plastic Recycling Project

Viva Energy Group Ltd (ASX: VEA) has announced a strategic partnership with Cleanaway Waste Management to explore the development of a large-scale plastic recycling facility in Australia. The initiative seeks to address the nation's growing waste plastic issue by combining Viva’s refining capabilities with …

Team Kalkine | 16 May 2025| Read Time : 10 Mins

Australian Mining Index Rises Amid China-US Trade Stabilisation

Australian mining shares advanced on Thursday, with theS&P/ASX 200 Metals & Mining Index (.AXMM)rising1.6% to 5,496 points, its highest closing level since March 28. The sector also marked its steepest intraday percentage gain in over two weeks, supported by iron ore prices holding firm …

Team Kalkine | 16 May 2025| Read Time : 10 Mins