Metals & Mining Monitor | Aluminum Prices Climbed on Surging Buying Interest and Supply Constraints; Codelco to Join Lithium Market with SQM Deal
Aluminum prices climbed on surging buying interest and supply constraints; Codelco to join lithium market with SQM deal.
AU Evening Wrap: Australia Shares Rise 0.8% as Bank Stocks Gain
Australia shares rise 0.8% as bank stocks gain. Nine of its eleven sectors finished higher, with the heavyweight financials' 1.5% rise at the forefront.
AU Weekly Wrap | Monthly Inflation Rate Accelerates; BHP Abandons $50 Billion Anglo American Deal
Check out what happened in this week's AU stock market as well as the key economic data for next week.
AU Evening Wrap: Australia Shares Rise 1%, Paring Recent Losses
Australia shares rise 1%, paring its recent losses but still slipping to a second straight weekly loss. Consumer stocks were among Friday's largest gainers, with travel-related companies, discretionary retailers and supermarkets all rising.
AU Morning Wrap: ASX 200 Rises by Broad Buying; ANZ Sells Stake in Malaysian Bank
ASX 200 rises by broad buying; ANZ sells stake in Malaysian bank. Stocks to watch: Telix Pharmaceuticals, Adbri, Pro Medicus.
Lendlease to Exit Global Ambitions: What Prompts the Property Giant's Pivot?
Lendlease has announced plans to exit all international property development and sell its overseas construction divisions on Monday, marking the largest shake-up at one of Australia's largest real estate groups since the sale of MLC to the NAB over two decades ago.
AU Evening Wrap: Australia Shares Fall 0.5% for Third Straight Decline
Australia shares fell 0.5% for third straight decline amid weakness in shares of large banks and miners. The heavyweight materials sector lost 1.9%.
AU Morning Wrap: ASX Erases May Gains Amid Growing Sell-Off; BHP Drops After Anglo Takeover Withdrawal
ASX erases May gains amid growing sell-off; BHP drops after Anglo takeover withdrawal. Stocks to watch: BHP, Catapult, Australian Agricultural Co, Elders.
AU Evening Wrap: Australia Shares Tumble 1.3% as Rate-Cut Hopes Fade
Australia shares tumbled 1.3% as rate-cut hopes faded, with all eleven sectors finishing down and consumer staples and financials leading the way.
Metals & Mining Monitor | Iron Ore Prices Reach to 3-Month High; Anglo American Extends BHP Bid Deadline After Rejection
Iron ore prices climbed to 3-month high on China's Support Measures; Anglo American extends BHP bid deadline after rejection.
Copper Pullback from Record High: Is the Bull Run Over?
Citi forecasts that in the long term, copper prices are expected to continue their upward trend, potentially hitting $12,000/t within the next 12 to 18 months, with a chance of climbing as high as $15,000/t.
AU Evening Wrap: Australia Shares Fall 1.1% Amid Broad-Based Declines
Australia shares fall by 1.1% amid broad-based declines, with consumer discretionary stocks leading the losses, falling 2.5%.
Why BHP Is So Intent on Acquiring Anglo American: Here's Everything You Need to Know
If the proposed acquisition of Anglo American is successful, BHP would undoubtedly occupy the top spot in the global copper mining industry, with a 10% share of the world's copper production.
AU Evening Wrap: Australia Shares Slip 0.5% as Miners, Banks Fall
Australia shares slip 0.5% as miners, banks fall. Eight of the nine largest companies by market capitalization finished in the red, led by BHP.
AU Morning Wrap: ASX Falls; BHP Drops Over 3% After Third Bid Rejected
ASX falls; BHP drops over 3% after third bid rejected. Stocks to watch: Origin Energy, Xero, Nufarm.
AU Morning Wrap: ASX Lifts; Telstra Falls Over 4%
ASX lifts; Telstra falls over 4%. Stocks to watch: Webjet, Plenti, DroneShield.
What's Going On With Mining Giant BHP Stock Tuesday?
BHP surged to a three-month peak on Tuesday, just hours before the deadline to submit a formal bid for competitor Anglo American Plc
AU Evening Wrap: Australia Shares Slip 0.15% Amid Materials Weakness
Australia shares slip 0.15% amid materials weakness, missing the chance to set a record.
AU Morning Wrap: ASX Shares Flat; James Hardie, Sonic Dive
ASX open flat; James Hardie, Sonic dive. Stocks to watch: James Hardie, Alumina, Telstra, Sonic Healthcare.
Metals & Mining Monitor | Metals Prices Continue to Climb; BHP Faces Deadline in Anglo Takeover Saga
Both precious metals prices and base metals prices continue to climb; BHP faces deadline in anglo takeover saga.