Australian Mining Stocks Slide to 7-Month Low as Iron Ore Prices Weigh

Australia’s mining sector took a fresh hit on Friday, with the S&P/ASX 200 Mining sub-index (XMM) falling 1.2% to its lowest level since 12 September 2024, as sliding iron ore prices continued to drag down heavyweight resource stocks. The sub-index, which reflects the performance …

Team Kalkine | 04 Apr 2025| Read Time : 10 Mins

Ansell Rebounds After Tariff Shock, Vows to Offset Costs Through Pricing Strategy

Shares of Australian medical gear maker Ansell Ltd (ASX:ANN) rose 4.02% during afternoon trade on Friday, recovering some ground after a sharp selloff in the previous session saw the stock plunge as much as 16.4%. The rebound followed the company’s assurance that it will …

Team Kalkine | 04 Apr 2025| Read Time : 10 Mins

Amotiv Shares Plunge Nearly 20% Amid Forecast of Lower Earnings

Shares of Amotiv Ltd (ASX:AOV.AX) slumped by as much as 19.7% on Thursday, hitting AU$7.06—its lowest trading level since 24 October 2022—after the company issued a cautious earnings forecast for the coming fiscal year. This sharp decline marks the largest single-day percentage drop for …

Team Kalkine | 04 Apr 2025| Read Time : 10 Mins

Breville Group (ASX: BRG) Shares Drop Nearly 12% Amid Cost Increase Concerns

Shares of Breville Group (ASX: BRG) have seen a sharp decline, falling nearly 12% to A$27.88, marking their lowest point since August 9, 2024. The drop comes as the kitchen appliance maker warned of increasing input costs in its FY26 forecast, attributed to the …

Team Kalkine | 03 Apr 2025| Read Time : 10 Mins

Australian Energy Stocks Fall Over 2% Amid Oil Price Decline and Trade War Concerns

Australian energy stocks have experienced a notable decline, with the sub-index for energy companies (.AXEJ) falling 2.6%. This marks the lowest level for the sector since March 14, 2024. The downturn comes after oil prices dropped significantly in the wake of U.S. President Donald …

Team Kalkine | 03 Apr 2025| Read Time : 10 Mins

Australian Miners Trading in Red Amid Tariff Concerns

Australian mining stocks, represented by the .AXMM sub-index, have experienced a sharp decline, falling as much as 1.9% to their lowest levels since September 13, 2024. The drop follows recent economic developments, including a significant tariff imposition by the United States on China. As …

Team Kalkine | 03 Apr 2025| Read Time : 10 Mins

Ramelius Resources Ltd (ASX: RMS) Surges 5% as Gold Price Hits Record High

Shares of Ramelius Resources Ltd (ASX: RMS) rose 4.8% to A$2.41 on Thursday, following a strong performance amid rising gold prices. The gold stock closed the previous day at A$2.30, but the early morning surge came as investors flocked to gold amid global economic …

Team Kalkine | 03 Apr 2025| Read Time : 10 Mins