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Australian mining stocks are on track for their fourth consecutive week of gains, with the mining sub-index (XMM) climbing 1.4% so far this week. The sector's performance is driven by a rise in iron ore prices, which reached a one-week high in the previous …
Australian shares edged lower on Friday, mirroring global market weakness as investors reacted to new U.S. auto tariffs and awaited the Reserve Bank of Australia’s (RBA) policy meeting next week. The S&P/ASX 200 index slipped 0.3% to 7,943.90 as of 2337 GMT, marking its …
Australian healthcare services company Healius (ASX:HLS) has announced an ambitious EBIT margin target for FY27, aiming for a high single-digit percentage. This projection exceeds analyst expectations from both Citi and Jefferies, sparking mixed reactions from the market. Analysts Take a Cautious Stance While the …
Despite an 8.1% decline in the ASX Healthcare Index, Jefferies remains optimistic about the medium-term growth prospects for Australia's healthcare services sector. The brokerage firm attributes this positive outlook to rising bulk billing rates and potential new government incentives, which could provide further financial …
Shares of Incitec Pivot Ltd (ASX:IPL) tumbled 5% on Friday, hitting a new 52-week low of AU$2.55. The decline follows a business update that, while containing no major surprises, highlighted near-term challenges in both its fertilisers and explosives operations. New Business Structure Announced Ahead …
Shares of Pro Medicus Limited (ASX:PME) took a sharp hit on Wednesday, tumbling nearly 8% after analysts revised their near-term earnings estimates. The latest dip means the ASX 200-listed health imaging technology company has now dropped 30% from its peak, raising questions about whether …
The A2 Milk Company (ASX:A2M, NZX:ATM) has been identified by Citi as a potential growth stock, following encouraging industry signals from peer company Health and Happiness (H&H) International (HK: 1112). H&H’s full-year results suggest that the downturn in the super-premium dairy segment is stabilising, …
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