NAB Announces Executive Leadership Team Overhaul Amidst Competitive Banking Landscape

In a reshuffle of its Executive Leadership Team, National Australia Bank (ASX:NAB) has announced key appointments and departures. Effective 16 June 2025, Andrew Auerbach will assume the role of Group Executive for Business & Private Banking (B&PB). Auerbach brings over two decades of experience …

Team Kalkine | 17 Mar 2025| Read Time : 10 Mins

Rio Tinto Shares Climb Amid Renewable Energy Deal and Iron Ore Price Boost

Shares of Rio Tinto Ltd (ASX: RIO) traded higher on Friday, climbing 1.5% to AU$117.74 in morning trade, compared to the S&P/ASX 200 Index’s (ASX: XJO) 0.2% gain. The rise follows a 1.5% overnight increase in iron ore prices to US$102.20 per tonne, coupled …

Team Kalkine | 14 Mar 2025| Read Time : 10 Mins

Pinnacle Investment Management Shares Surge After Strategic Deal with Korean Pension Giant

Pinnacle Investment Management Group Ltd (ASX:PNI) shares climbed almost 2% to AU$18.26 on Friday morning, after the company revealed a major strategic investment following the market close on Thursday. Investors reacted positively to the news that the National Pension Service of Korea (NPS), in …

Team Kalkine | 14 Mar 2025| Read Time : 10 Mins

Mesoblast Shares Climb as Ryoncil Pricing Details Released in U.S.

Shares of Mesoblast Ltd (ASX:MSB) climbed 2.88% to AU$2.14 on Friday, placing the stock among the top percentage gainers in the ASX 200 index. If the current trend holds, this will mark the biotech company’s third consecutive session of gains, offering investors a glimmer …

Team Kalkine | 14 Mar 2025| Read Time : 10 Mins

Australian Mining Stocks Surge to Two-Week High as Iron Ore Prices Rebound

Australian mining stocks surged on Friday, with the mining sub-index climbing 2% to 5,354.3 points — its highest level since 7 March 2025. This marks the index’s strongest gain since 6 March, driven by a rebound in iron ore prices amid sustained near-term demand …

Team Kalkine | 14 Mar 2025| Read Time : 10 Mins

Australian Gold Stocks Surge to Record High Amid Bullion Rally

Australian gold stocks surged 3.3% on Friday to reach a record high of 10,504.7 points, propelled by soaring bullion prices. The sub-index earlier climbed 3.7%, marking its biggest intraday gain since 11 February 2025, as investors sought refuge in gold amid economic uncertainty. The …

Team Kalkine | 14 Mar 2025| Read Time : 10 Mins

Sims Shares Climb as Morningstar Initiates Coverage of Sims, Sets Price Target at AU$15.80

Shares of Sims Ltd (ASX:SGM), the world’s largest publicly traded metals and electronics recycler, climbed 1.3% to AU$13.98 after Morningstar initiated coverage on the company. The investment research firm assigned Sims a three-star rating out of five and set a price target of AU$15.80, …

Team Kalkine | 14 Mar 2025| Read Time : 10 Mins