Westpac (ASX:WBC) has followed rivals, CBA, and NAB in reporting a flat revenue performance for the three months to June. However, unlike the other two banks, Westpac said it lifted net profit by 6% to $1.8 billion, steady on the previous quarter. Revenue remained flat at $5.4 billion for the quarter. The bank reported an […]
Westpac beats rivals with profit rise Read More »
Led by markets in the US, Japan, and Australia, world stock markets had their best week in nine months last week. Wall Street could now return to its July highs in the coming days after experiencing the best week of the year so far. Interestingly, a columnist in the Weekend Financial Times explained that small
Global stock markets surge Read More »
Central bank minutes, mid-month surveys of business activity in major economies, a significant Fed speech and meeting at the end of the week, more earnings reports here and offshore, and continuing interest rate speculation are becoming tiresome. Here in Australia, it’s the RBA August meeting minutes tomorrow and a busy week for corporates reporting their
Key economic indicators this week Read More »
While the positive global lead and a reasonable start to the June half profit reporting season saw Australian shares rise by 2.5% last week, today’s trading is expected to be on the low side due to a weak futures lead on Friday night. On Friday, the ASX 200 Index jumped 105.6 points, or 1.3%, to
Big banks drive ASX 200 to best weekly gain since December Read More »
The next five days will mark the first of two peak weeks for Australian June 30 earnings, with 64 ASX 200 companies reporting between this morning and Friday. Up to last Friday, around a third of the ASX 200 had reported, with results on the whole being okay but not outstanding, except for JB Hi-Fi.
Navigating the Australian earnings season Read More »
US shares surged on Friday, capping off their most successful week of 2024 as the market rebounded from a sharp decline earlier in August. The S&P 500 climbed 0.2 per cent to close at 5,554.25, while the Nasdaq Composite gained 0.21 per cent to finish at 17,631.72. The Dow Jones Industrial Average added 96 points,
US stocks end strongest week of 2024 Read More »
Shannon Green – Managing Director – C29 Metals Limited (ASX:C29) is a company focused on powering the clean energy transition through the systematic exploration and development of its portfolio of uranium and copper assets.
C29 Metals (ASX:C29) – Webinar Presentation Read More »
Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past week, economic activity trackers, major global economic events and Australian economic events. Investment markets and key developments over the past week Share markets continued their recovery over the last week helped along by expectations that
Kevin Brown – CEO – icetana Limited (ASX:ICE) is a global SaaS company providing video analytics technology designed to identify abnormal events and unexpected behaviour in real time for large-scale surveillance networks.
icetana (ASX:ICE) – Webinar Presentation Read More »
Christopher Eager – President, CEO, Director – Resouro Strategic Metals CDI (ASX:RAU) is a Canadian-based mineral exploration company focused on the discovery and development of critical mineral resources in Brazil.
Resouro Strategic Metals (ASX:RAU) – Webinar Presentation Read More »
