Shares of Medibank Private Ltd (ASX: MPL) surged as much as 5.2% to a record AUD 5.31 on Monday, after Morgan Stanley upgraded the Australian health insurer to “overweight” from “equal-weight” and raised its price target to AUD 5.57, the highest among analysts tracked.

Shares of Insignia Financial Ltd (ASX:IFL) surged as much as 10.7% on Tuesday, hitting AUD 4.020, the stock’s highest level in over seven weeks. The move marked the company’s largest single-day percentage gain since March 7 and made it the top-performing stock on the …

Australian gold stocks advanced on Tuesday, with the S&P/ASX All Ordinaries Gold Index (AXGD) rising 1.7%, the sharpest intraday percentage gain since mid-June. The sub-index briefly surged as much as 2.1% during the session before slightly paring gains. This marks a second consecutive session …