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Citi analysts have given a strong endorsement to Australian financial firms Perpetual (ASX:PPT) and Challenger (ASX:CGF), upgrading them to “Buy” ratings due to their attractive valuations. Following the report, Perpetual’s stock surged 4.7% to AU$19.41, while Challenger gained 4.4%. Perpetual’s Wealth Business Sale Could …
Australian shares extended their winning streak for a second consecutive session on Tuesday, as energy and technology stocks propelled the S&P/ASX 200 index 0.6% higher to 7,904.2 points. A positive Wall Street lead and rising oil prices supported investor sentiment, while geopolitical tensions in …
Gold explorer Advance Metals (ASX:AVM) is celebrating a successful start to its Myrtleford Project in Victoria’s Goldfields, with all three drilled holes returning encouraging visible gold mineralisation. This marks a significant milestone for the company, which entered a joint venture with Serra Energy Metals …
Citi analysts note a rise in market uncertainty post-reporting season in Australia, but expect favorable conditions for general insurers to persist longer than previous cycles. In their latest sector review, the brokerage highlighted QBE Insurance (ASX:QBE) as its top pick, with strong upside potential …
Gold Road Resources (ASX:GOR) saw its shares tumble 3.41% to AU$2.55 on Tuesday, marking its worst intraday drop since 11 March 2025. The gold miner was the top loser in the ASX 200 index, as investors reacted to a significant production downgrade. Production Forecast …
Optus is set to modernise its voicemail system by implementing Norwood Systems’ CogVoice platform in a nearly AU$3 million agreement signed this week. The five-year contract will see Norwood provide platform licensing, support, maintenance, and migration services under the Group Master Supply Agreement with …
Image Resources NL (ASX:IMA) has begun transporting heavy mineral concentrate (HMC) from its 100%-owned Atlas mineral sands project, located approximately 170 kilometers north of Perth in the Dandaragan Shire. The first batch of HMC has been trucked to interim storage at Geraldton Port, with …
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