November 13, 2023

The S&P/ASX 200 is trading 0.3 per cent lower at 6,955.60. Futures The SPI futures are down 17 points. Best and worst performers The best-performing sector is Utilities, up 0.63 per cent. The worst-performing sector is Energy, down 1.01 per cent. The best-performing large cap is Boral (ASX:BLD), trading 5.01 per cent higher at $4.93.

Elders (ASX:ELD) shareholders are bracing for a potentially challenging year ahead in 2023-24. The company has forecasted lower earnings and a reduced dividend, following a 26% decline in underlying EBIT for the year ending in September and an 18% drop in the annual dividend. The reasons behind this gloomy outlook are not unfamiliar during this

Shares in cement and building products group Boral (ASX:BLD) surged by more than 7% early on Monday after the company surprised with a 10% increase in projected earnings for the 2023-24 financial year. Boral now anticipates underlying earnings before interest and tax (EBIT) to be in the range of $300 million to $330 million, up

Infinity Lithium Corporation (ASX:INF) has advised a grant funding of €18.8 million has been awarded to Tecnología Extremeña del Litio (‘TEL’) for the advancement of the San José Lithium Project. Infinity’s Managing Director and CEO, Ryan Parkin, commented “These first funding commitments for the processing of critical raw materials in Spain places the Company at the

At noon, the S&P/ASX 200 stock index has decreased by 0.22 percent. This decline comes just before a series of economic indicators are due to be released, which will assess the accuracy of the Reserve Bank’s initial forecasts during Michele Bullock’s tenure as governor. The more robust opening performance follows a relatively lacklustre week of