The ASX has reached a 12-month low at midday on Monday due to investor concerns that the Israel-Hamas conflict may lead to a regional war, prompting a shift away from equities. Israeli forces launched ground operations against Hamas in Gaza on Sunday, as part of a second-phase effort led by Prime Minister Benjamin Netanyahu to […]
Afternoon update: ASX down 0.55% as Israel launches ground operations Read More »
30 Oct 2023 – A snapshot of the stocks on the move, featuring Tamboran Resources (ASX:TBN), TG Metals (ASX:TG6) and Tietto Minerals (ASX:TIE).
Stocks of the Hour: Tamboran Resources, TG Metals, Tietto Minerals Read More »
Tamboran Resources (ASX:TBN) have announced an operational update, in which results have demonstrated an over pressured regime, with a pore pressure gradient of at least 0.54 pounds per square inch (psi) per foot. In response, Managing Director and CEO, Joel Riddle, said, “the results provide confidence that the upcoming flow test of the SS-1H well
Stocks of the Hour: Tamboran Resources, TG Metals, Tietto Minerals Read More »
Australian retail sales exceeded expectations by rising 0.9% in September, compared to economists’ forecast of a 0.3% increase, following slower growth in August and July. The Reserve Bank of Australia will consider this sales data as it decides whether to raise the official cash rate. Despite the significant September increase, long-term retail turnover growth remains
ASX down 0.62% at noon as Australian retail sales rise by 0.9% in September Read More »
