Investment markets and key developments over the past week After a couple of weeks of gains global share markets fell again over the last week on renewed concerns about more central bank rate hikes, higher oil prices as Saudi Arabia and Russia extended production cuts, a rebound in bond yields and concerns about China’s economy […]
Shares under pressure; China’s iPhone ban; risks from surging petrol prices Read More »
Scrap recycler Sims’ disappointing first quarter downgrade knocked the share price lower and helped budge the NSX into negative territory. The shares fell 15% at one stage and were down around 10.5% just before midday after it surprised with a forecast of breaking even in the three months to September 30, instead of making a
11 Sep 2023 – A snapshot of the stocks on the move, featuring Sunstone Metals (ASX:STM), Atturra (ASX:ATA) and ABx Group (ASX:ABX).
Stocks of the Hour: Sunstone Metals, Atturra, ABx Group Read More »
Shareholders in Liontown Resources will know in mid October if US lithium giant, Albemarle will turn its indicative $3 a share takeover offer into cold hard cash. Liontown told the ASX on Monday that the due diligence agreed to in the statement a week ago, had been agreed to and would start shortly. “Liontown and
Rumours run rampant as lithium giant Liontown commences due diligence Read More »
Sunstone Metals (ASX:STM) have announced that the second hole at the T3 porphyry target within its El Palmar project in Northern Ecuador has intersected strong gold-copper mineralisation. Sunstone Managing Director Malcolm Norris said “This latest result shows clearly that T3 is a significant copper-gold porphyry system” Shares are trading 8.7 per cent lower at 2.1 cents.
Stocks of the Hour: Sunstone Metals, Atturra, ABx Group Read More »
The ASX/S&P 200 is 0.04 per cent, lower to 7153.6 at midday. Driving the weakness in the Australian market is Tech sector large-caps WiseTech and Xero, with both down more than 1 per cent in early trade. Scrap metal recycler Sims is among the worst performing, down 10.8 per cent. The company is now forecasting
Tech Sector Large Caps lead market lower: ASX down 0.04% Read More »
11 Sep 2023 – QANTM Intellectual Property Limited (ASX:QIP) CEO and Managing Director Craig Dower discusses drivers of revenue, competitors and market share, and the company’s ambitions to expand into Asia.
QANTM Intellectual Property (ASX:QIP) expanding into Asia Read More »
The four trading days last week for US markets helped explain why many investors regard September as a miserable month. It was the first trading week for markets this month (ignoring the September 1 session the previous Friday) and while by Friday’s close the S&P 500 had added 6.35 points, it still lost 1.3% for
Daily falls in the market point to a miserable month for September Read More »
According to the World Gold Council (WGC), China’s central bank (the People’s Bank of China) lifted increased its holdings by between 23 tonnes in July and another 29 tonnes in August. That took purchases so far this year to well over 100 tonnes – 155 tonnes the largest by any central bank and probably helped
World Gold Council confirms China has purchased 155 tonnes of gold YTD Read More »
QANTM Intellectual Property Limited (ASX:QIP) CEO and Managing Director Craig Dower discusses drivers of revenue, competitors and market share, and the company’s ambitions to expand into Asia. Abby Phillipps: We’re talking today with Craig Dower, the CEO of Quantum Intellectual Property, ASX Code QIP. The company has a market cap of around $132 million.Craig, welcome to the
QANTM Intellectual Property (ASX:QIP) expanding into Asia Read More »
