On the back of some large announcements, Zip Co Ltd [ASX:Z1P] rocketed up 72.33% from the close last week to $6.58 at the time of writing. Being one of the larger players in the buy now, pay later space (BNPL), Zip’s business saw a large influx of new users recently…
Weekly ASX Market Wrap — ANZ and Lendlease Top Movers Last Week
The past week saw the All Ords [XAO] crack the 6,000-point mark, only briefly, but it still made it through. Last week saw many companies on the market moving up in line with the broader move of the All Ords. Financials had a strong week, posting gains of 11.13%…
The Future of ASX Travel Stocks like Flight Centre and Webjet
The travel industry is battered and bruised following the outbreak of COVID-19. Global travel has come to a standstill, affecting everything from airlines to hotels. For companies that thrive off the movement of people such as Flight Centre Travel Group Ltd [ASX:FLT] and Webjet Ltd [ASX:WEB], the impact was enormous. No flights, no travel, and […]
Weekly ASX Market Wrap: Super Retail and FMG Top Movers Last Week
Last week saw some encouraging moves in the sectors, with Information Technology up 5.72% and Materials up 6.11%. On the downside, Health and Utilities fell back 2.42 and 2.34%.
ASX Biotech Stocks ANP and IXC Share Prices Up on Successful Clinical Trials
These two Australian biotech companies have both completed successful clinical trials today. In turn, boosting their stock prices well into positive territory over a 12-month period.
Afterpay Share Price Hits All-Time High (ASX:APT)
Australia’s largest buy now, pay later provider Afterpay Ltd [ASX:APT] hit an all-time high this week. At the time of writing, the APT share price moved up to $44.75
Kogan Share Price Jumps on Acquisition News (ASX:KGN)
At time of writing, the Kogan.com Ltd [ASX:KGN] share price is up over 4% to $8.72. As you can see on the chart below, the online retailer has recovered strongly after the initial drop experienced from the impact of COVID-19…
Weekly ASX Market Wrap — Newcrest and Ansell Top Movers Last Week
Last week saw a relatively steady week for the ASX All Ordinaries [XAO]. It opened at 5,488 points, trading up on the Monday only to fall back over the rest of the week with a minor recovery on Friday, closing out the week at 5,492…
Which Way Will the Kathmandu Share Price Go? (ASX:KMD)
Today we take a look at the Kathmandu Holdings Ltd [ASX:KMD] share price and look for early signals on the outlook for this retailer. The KMD share price was on a solid run, prior to the onset of the COVID-19 virus. From the high in February 2020 of $2.60, KMD shares…
Xero Share Price Down After Positive Earnings Update (ASX:XRO)
Today Xero Ltd [ASX:XRO], the online accounting and business software provider, announced its annual results and all signs point to a profitable year. The Xero share price rose 11.36% from the previous low on 24 April, yet at the time of writing the price…
