Closing Bell 2nd May: Woolworths shares down on missed forecasts. NAB higher after results
Woolworths shares down on missed forecasts. NAB higher after results. XJO higher and hovers around 7600 level
Closing Bell 1st May: Energy shares down as oil drops. XJO falls under 7600 level
Energy shares down as oil drops. XJO falls under 7600 level
Closing Bell 30th April: Worley falls as largest share holder sells stake. ASX edges higher
Worley falls as largest share holder sells stake. ASX edges higher
Closing Bell 29th April: Boss Energy rises as production ramps up. ASX continues rebound
Boss Energy rises as production ramps up. ASX continues rebound
Closing Bell 24th April: Higher CPI pushes back rate cut forecasts
Higher CPI pushes back rate cut forecasts. The Australian Bureau of Statistics reported that the consumer price index increased by 1% in the quarter ending March, exceeding the market expectation of 0.8%. Year-over-year inflation slowed to 3.6% from 4.1%, still surpassing forecasts.
Alpha Recommendation: Close – Crude Oil ETF (OOO)
Betashares Crude Oil Index ETF – Currency Hedged (Synthetic) (OOO) is an exchange traded fund seeking to provide investment results that correspond to the price and yield performance of the S&P GSCI Crude Oil Index (the Underlying Index), with a currency hedge against movements in the AUD/USD exchange rate. The responsible entity is BetaShares Capital Limited.
Closing Bell 19th April: ASX volatile as reports of Israeli attacks on Iran. Gold, Silver and Copper surge
ASX volatile as reports of Israeli attacks on Iran. Gold, Silver and Copper surge
Alpha Recommendation: Buy – Crude Oil ETF (OOO)
Betashares Crude Oil Index ETF – Currency Hedged (Synthetic) (OOO) is an exchange traded fund seeking to provide investment results that correspond to the price and yield performance of the S&P GSCI Crude Oil Index (the Underlying Index), with a currency hedge against movements in the AUD/USD exchange rate. The responsible entity is BetaShares Capital Limited.
Alpha Recommendation: Buy – Westgold Resources (WGX)
Westgold Resources Limited (WGX) is a West Australian gold producer located in the Murchison and Bryah regions of WA. The Company has tenure of more than 1,300 sq.km. and operates four underground mines and three processing plants with an installed processing capacity of approximately four million tonnes per annum.
Closing Bell 17th April: ASX edges higher. Gold stocks surge. Droneshield rallies to new highs
ASX edges higher. Gold stocks surge, EVN leads the way. Droneshield rallies to new highs
Closing Bell 16th April: XJO down 2%. Banks and REITs lead the way lower
XJO down 2%. Banks and REITs lead the way lower. US Markets sell off as rate cuts look more unlikely
Closing Bell 11th April: XJO red for day but rebounds from early lows. Netwealth and Hub24 weaker
XJO red for day but rebounds from early lows. Netwealth and Hub24 weaker. Miners and Energy stronger