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Market Insights and Finance News

Market Insights and Finance News

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Weekly market wrap: December 4th to December 7th

In a week filled with notable developments and market fluctuations, the Australian Securities Exchange (ASX) and global financial markets experienced significant shifts driven by various…
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ASX down 0.23% at noon: Santos trading 6.4% higher

Utilities weighed down the sharemarket, countering a strong Wall Street session driven by a tech rally shortly after Friday's trading began. Among the benchmark's 11…
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Stealth Global Holdings CEO unveils record FY23 results and strategic growth initiatives

Paul Sanger:I'm Paul Sanger for the Finance News Network, and today I'm talking with Stealth Global Holdings ASX Code SGI, and they have a market…
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Stocks of the Hour: Lincoln Minerals, OncoSil Medical, Avira Resources

Lincoln Minerals (ASX:LML) has increased their Kookaburra Gully Graphite Project resource by 87% to become the second largest graphite resource on Eyre Peninsula. Lincoln Minerals…
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S&P 500 rises as investors anticipate US jobs report, Santos-Woodside merger update

The S&P 500 closed higher Thursday, attempting to snap a three-day losing streak as traders looked ahead to Friday’s all-important jobs report.The broad S&P 500…
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Global oil prices fall for sixth consecutive session

Global oil prices fell for a sixth straight session on Thursday, with the declines amounting to just a few cents. Some traders now believe that…
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China’s weak trade figures raise economic concerns

China's latest set of weak trade figures on Thursday has heightened concerns about the strength of economic activity and the potential for further slowdown in…
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Electric vehicle bubble deflates as valuations plunge – what’s next for the EV industry?

The electric vehicle (EV) industry, once riding high on optimism and sky-high valuations, has hit a roadblock as investors and car manufacturers reevaluate their strategies…
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Rio Tinto’s 2023 mining advancements and green commitments

It has been a bustling end to 2023 for Rio Tinto (ASX:RIO). A new iron ore mine in the Pilbara, confirmation of progress on a…
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China’s November trade report reveals economic struggles

A weak trade report for November, especially concerning imports, confirms the ongoing challenges in the country's economy almost a year after hopes of a post-Covid…
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ASX closes 0.07% lower as US oil prices fall below $70

The ASX experienced a relatively calm trading session, with the exception of a sharp decline in energy stocks following a significant drop in oil prices,…
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Stocks of the Hour: Tamboran Resources, Invictus Energy, Blaze Minerals, Elixir Energy

To register for Friday's webinar click here.Tamboran Resources (ASX:TBN) announced the successful completion of SS-1H stimulation program. In response, Tamboran Resources (ASX:TBN) Managing Director and…

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