Australia’s biggest almond growers rose by 7% in share value even after the group posted a net loss after tax of $96.2 million. Trade was perhaps bolstered by a more promising outlook for 2024.
World Markets: Global Insights into Financial Trends and Investment Opportunities
When concerned with the global economy, it’s important to look beyond the powerhouses that are often in the spotlight, and to look at the various emerging markets operating just off stage.
Today’s biggest emerging markets (BEMs), include Argentina, Brazil, China, India, Indonesia, Mexico, Poland, South Africa, South Korea and Turkey. Not as big, but still making impact, are Egypt, Iran, Nigeria, Pakistan, Russia, Saudi Arabia, Taiwan, and Thailand.
ALS [ASX:ALQ] Delivers 23.4% Underlying NPAT Increase for FY23
ALS has reported underlying NPAT of $321 million for FY2023 — an increase of 23.4% on last year thanks to high-performing divisions.
Leo Lithium [ASX:LLL] Takes $106 Million Placement in Agreement with Ganfeng
Leo Lithium has secured $106 million as a strategic placement with China’s largest lithium producer, Ganfeng to expand the capacity at its Goulamina operations, funding Stage One developments and ramp-up costs.
SmartPay [ASX:SMP] Posts Revenue Increase of 62% and Earnings are up by 81% for 2023
Financial solutions business SmartPay Holdings has returned a 62% increase in revenue on the prior year with $77.8 million, with earnings up 81% and higher profit. Shares were riding in response to the bumper year.
What’s Not Priced in?
A deal is done and markets are likely to start the week higher. The big winner? In my opinion, AI stocks. If you think we’re in a bubble now, you ain’t seen nothing yet…
Closing Bell — AI Revolution Explodes
The AI Revolution is gathering steam, but US stocks are yet to react in a noticeable way. In today’s Closing Bell video, I show you the state of play in US two-year bonds, the Nasdaq, the US dollar index, gold, copper, the S&P 500, and the ASX 200 to see what this means for investors…




