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04 Jul 2023 – A snapshot of the stocks on the move, featuring DroneShield, Nickel X and QX Resources.

DroneShield (ASX:DRO) has been awarded a contract by a Five Eyes Department of Defence. This is a follow-on two-year R&D contract with a total value of $9.9 million. Oleg Vornik, DroneShield’s CEO, commented, “DroneShield is proud and pleased to continue undertaking multi-year contracts of increasing size with this customer.” Shares are trading 17.78 per cent

At noon, the S&P/ASX 200 is 0.06 per cent higher at 7,250.60, ahead of the RBA’s interest rate decision at 2:30 PM. Economists are divided on whether there will be a rate change, with some expecting another 25 basis point hike while others anticipate no change. Market pricing suggests a 30% chance of a rate

04 Jul 2023 – Stocks rose slightly Monday in a shortened session that kicked off the second half of what’s already been a stellar year on Wall Street.

Stocks rose slightly Monday in a shortened session that kicked off the second half of what’s already been a stellar year on Wall Street. The Dow Jones Industrial Average added 10.87 points, or 0.03 per cent, to finish at 34,418.47. The S&P 500 climbed 0.12 per cent to end at 4,455.59, while the Nasdaq Composite

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses home prices. Key points:The Australian home price rebound continued in June with CoreLogic data showing national average home prices up 1.1%, their fourth rise in a row. They are now up 3.4% from their February low.Sydney continues to lead the charge with

Supported by positive sentiment from Wall Street, the S&P/ASX 200 closed 0.59 per cent higher at 7,246.10, with the benchmark index gaining 0.3% and nine out of 11 sectors experiencing gains. Additionally, trading was influenced by a seasonal trade strategy where investors sell winners from the previous year and purchase last year’s losers on the

The renewables boom marches onwards and will really come into its own over the next couple of years. By 2025, the export earnings from key battery and renewable commodities are expected to surpass those from thermal coal, according to the Department of Industry, the federal government’s key forecaster. Minerals such as lithium and copper are

Pilbara Minerals  (ASX:PLS), an Australian lithium producer, and Calix (ASX:CXL), an Australian environmental technology company, have released an update on the development of their joint venture mid-stream demonstration plant. The plant, aimed at showcasing the calcination technology for spodumene processing, has made significant progress in the detailed front-end engineering and design (FEED) phase. The final

Centuria Office REIT (ASX:COF), Australia’s largest ASX-listed pure play office REIT, has completed external valuations on a significant portion of its portfolio, representing approximately 70% of the portfolio by value. The remaining valuations will be conducted as Director’s valuations in line with Centuria’s valuation policy. The completed valuations reflect a decline of approximately $102 million