ASX 200 Starts the Week on a Positive Note. Three ASX Stocks Follow.

The S&P/ASX 200 Index is striving to maintain a positive start to the trading week. By the afternoon session, the benchmark index was trading at 7,935.5 points, showing only a marginal gain. Despite the subdued market movement, several individual stocks stood out, registering notable …

Team Kalkine | 24 Mar 2025| Read Time : 10 Mins

Goodman Group Expands Into U.S. Data Centre Market Amid Stock Slump

Despite a sluggish start to the year, industrial property giant Goodman Group (ASX:GMG) is forging ahead with its ambitious growth strategy. Since January, its shares have declined 13%, but recent developments may offer a turning point for investors. Last week, Goodman announced the commencement …

Team Kalkine | 24 Mar 2025| Read Time : 10 Mins

New Hope Shares Drop as Stock Goes Ex-Dividend

Shares of coal miner New Hope Corporation Ltd (ASX:NHC) tumbled on Monday. However, the drop isn’t due to weakening coal prices or production concerns—it’s simply because the stock went ex-dividend. Investors who buy shares from today onward will no longer be entitled to the …

Team Kalkine | 24 Mar 2025| Read Time : 10 Mins

Helia Group Shares Plummet Nearly 25% as CBA Ends Key Insurance Contract

Helia Group Ltd (ASX:HLI) shares took a massive hit on Monday, plunging nearly 25% to AU$3.61 per share. The sharp selloff follows news that the lender mortgage insurance (LMI) provider is set to lose a major contract with Commonwealth Bank of Australia (ASX:CBA), its …

Team Kalkine | 24 Mar 2025| Read Time : 10 Mins

Australian Shares Slip as Mining Stocks Weigh, Inflation Data in Focus

The Australian stock market opened lower on Monday, dragged down by losses in mining stocks amid softer commodity prices. The S&P/ASX 200 index (XJO) fell 0.3% to 7,905.4 points, reversing Friday’s 0.2% gain. Market participants are closely watching the upcoming inflation data, set for …

Team Kalkine | 24 Mar 2025| Read Time : 10 Mins

Citi Issues Cautious Outlook on Premier Investments Due to Smiggle's Recent Performance

Citi has issued a cautious outlook on Premier Investments (ASX:PMV) following its first-half performance, particularly from its retail brand Smiggle, which recorded a "far worse than expected" decline in sales. The brokerage firm slashed its price target for the Australian retailer to AU$24 from …

Team Kalkine | 24 Mar 2025| Read Time : 10 Mins

James Hardie Shares Plunge 10% on Monday Amid AU$8.75 Billion AZEK Acquisition Deal

Shares of James Hardie Industries (ASX:JHX) plunged 10.3% on Monday to AU$42, marking their lowest level in more than four months. The sharp decline came in response to the company’s announcement of an $8.75 billion acquisition of AZEK Company, a move that has sparked …

Team Kalkine | 24 Mar 2025| Read Time : 10 Mins