Market volatility is continuing to rise amidst the ongoing global pandemic. Worst yet, it is difficult to pinpoint when this is likely to end. Markets are up one day and crashing down the next. It is a telling sign when investors begin to look for safety among some of Australia’s most speculative small-caps…
Why Did the TDL Share Price Jump 438% Yesterday? (ASX:TDL)
Melbourne-based biotech firm TBG Diagnostics Ltd [ASX:TDL] (formerly Progen Pharmaceuticals Ltd) saw a massive jump in its share price during trade yesterday. The maker of molecular diagnostic kits jumped a whopping 438%
VAS Share Price Down 5%: Is Now the Time to Buy an ASX ETF? (ASX:VAS)
With the ASX now officially entering bear market territory, investors have been scrambling into different investment vehicles in order to protect their wealth. One such vehicle which is not proving resilient at the moment is the Vanguard Australian Shares Index ETF [ASX:VAS]. At time of writing, the VAS share price was down 5.06% or $3.59 […]
AUD News: Aussie Dollar Hits 12-Year Low, What Does This Mean?
The Australian dollar has sunk to a near 12-year low overnight, tumbling to 62.13 US cents amid panic surrounding the coronavirus pandemic. The AUD has not seen similar lows against the US dollar since the GFC. As of this morning, the Aussie dollar has dropped more than 11% from 70.31 US cents on 1 January. […]
Bonds to Surge in Looming Bear Market — RBA Sets Unconventional Policy
Trading volumes have already begun to surge for bonds across Asia, as the fast spread of the coronavirus around the world prompts investors to dump equities for the safety of fixed income securities. Asia-Pacific credit trading volumes spiked more than 50% this week with a 208% rise in year-on-year investment-grade credit transactions through 2020 so […]
Worrying Signs for Big Four Bank Stocks, NAB Share Price Sheds Most
The four pillars of Australia’s financial sector (the Big Four banks) have taken a serious beating, as low interest rates and the Coronavirus scare threatens to eat away at their margins. The NAB share price in particular is shedding the most…
SelfWealth Shares in Trading Halt: New Growth and Cap Raise
SWF’s share price has performed strongly over the past 12 months, climbing a solid 105.48%. Though the share price has sputtered a bit since October 2019, we may see the share price lift on the back of a cap raise and today’s announcement.
Five Gold Stocks to Watch amid COIVD-19 Fears
In times of uncertainty, gold has been the go-to for investors looking to weather the storm. And there’s plenty of it, currently. With the price of gold on the up, expecting to hit US$10,000 in the next few years, Australia’s gold miners could once again be providing sanctuary for investors…
Adavale Resources Granted Ex-BHP Nickle Project
The share price of Australian-based uranium explorer Adavale Resources Ltd [ASX:ADD] has soared 60% this morning, as the company announced it had been granted tenements adjoining one of the largest undeveloped high-grade nickel resources.
RBA Rate Cuts Crowns CSL Australia’s Biggest Firm
CSL, with a market cap of $142 billion, now accounts for 8.2% of the ASX 200 Index, compared with 8.1% for Commonwealth Bank of Australia, whose market cap dropped to $140 billion as of Tuesday’s close.
