Articles On Codan (ASX:CDA)

The Pilbara Minerals Ltd (ASX: PLS) share price is under pressure on Wednesday. In afternoon trade, the lithium miner’s shares are down over 3% to $5.19. Why is the Pilbara Minerals share price dropping? The weakness in the Pilbara Miner...

The Codan Limited (ASX: CDA) share price has continued its slide on Wednesday. In morning trade, the metal detector focused electronic products company’s shares are down 20% to a multi-year low of $3.91. This makes the Codan share price...

Australian shares were set to surge after hints of a slowdown in US interest rate rises fuelled a strong end to Wall Street’s best week since June. Wall Street’s main indices jumped more than 2.3 per cent on Friday, priming the S&P/A...

In this week's Weekly Insights:-Investing In Non-Profitable Companies-Corporate Updates: Early Signals-Peak Resources?-FNArena TalksBy Rudi Filapek-Vandyck, Editor FNArenaInvesting In Non-Profitable CompaniesThe 2022 patience-testing, volat...

The ASX drops 1.40% with every sector in the red CBA chief economist says $1.90 likely to be a ‘fair’ price for petrol The National Skills Commission is set to release the internet job vacancy index   The ASX 200 closed 1.40% lower today,...

ASX shares with exposure to the defence industry may be set for “runaway growth”. That’s according to Aron Pataki, global portfolio manager at Newton Investment Management. As the Australian Financial Review reported, Pataki says the...

Matternet has secured FAA approval for its M2 delivery drone Aerologix says once you’ve jumped the regulatory hurdle its basically blue sky from there Elsight says this opens the door for Aussie drone stocks to accelerate roll-out plans  ...

The ASX 200 closes over 1pc lower on Wednesday Energy stocks drag the index Australian GDP grows again in first half   Aussie shares are down another 1.40% on Wednesday following last night’s lead from Wall Street. After losing 4% last we...

All Ordinaries (ASX: XAO) shares have certainly had a rough 12 months, with the index down 11% over the past year. No doubt the technology sector has played some role — tech is the worst performing sector in that time. The S&P/ASX 200...

ShareCafeMetal prices under pressure as recession looms across the globe                    US stocks slumped on Tuesday in a volatile trading session as investors weighed what strong economic data and rising rates mean for the Federa...

Highlights The ASX 200 benchmark index closed down today (6 September), losing 0.38% to end at 6,826.50 points. Over the last five days, the index has lost 2.45% and 9.32% over the last 52 weeks. IT was the best performing sector toda...

The ASX 200 finishes 0.40% lower The RBA increases its cash rate by another 50bp Australia records another trade surplus   Local shares were relatively muted today following the interest rates decision by the RBA, closing Tuesday just 0.4...

Xero Limited (ASX: XRO) shares have performed strongly over the long term. In fact, in the past five years, the Xero share price has seen a 250% rise. However, it has dropped 43% since the start of 2022. Still, I think there are a number o...

The S&P/ASX All Ordinaries Index (ASX: XAO) is edging higher this morning amidst a flurry of ASX reporting season activity.  But while the ASX All Ords index rises, some shares are struggling to keep up. For some, lacklustre reports ar...

In this week's Weekly Insights:-August Delivering More Downgrades And Misses-The Real McCoy Rally?August Delivering More Downgrades And MissesBy Rudi Filapek-Vandyck, Editor FNArenaAs far as price action goes, any company that disappoints t...

ShareCafeUS energy stocks supported by increased dividend yields                    US equities ended higher in uneventful Wednesday trading as investors are awaiting the three-day Jackson Hole economic symposium that starts Thursday,...

It has been another busy week for Australia’s top brokers. This has led to the release of a large number of broker notes. Three broker buy ratings that you might want to know more about are summarised below. Here’s why brokers think th...

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((AMC)) - Amcor ((ASX)) - ASX ((AIA)) - Auckland International Airport ((BLX)) - Beacon Lighting ((BKL)) - Blackmores ((CDA)) - Codan ((DTL)) - Data#3 ((DRR)) - Deterra Ro...

ASX lithium shares have offered investors some choice returns over the past year. Taking a look at three leading ASX lithium stocks, Core Lithium Ltd (ASX: CXO) has gained 324% over the past 12 months; Allkem Ltd (ASX: AKE) shares are up 3...

The Lake Resources N.L. (ASX: LKE) share price climbed as much as 8% before giving back much of its gains on Friday. In the minutes after market open, shares in the clean lithium developer hit an intraday high of $1.285. However, as the...

On Thursday, the S&P/ASX 200 Index (ASX: XJO) snapped its winning streak with a small decline. The benchmark index fell 0.2% to 7,112.8 points. Will the market be able to bounce back from this on Friday and end the week on a high? He...

Highlights The ASX 200 benchmark index closed up today (August 17), gaining 0.31% to end at 7,127.70 points. Over the last five days, the index has gained 0.59%, but is down 4.46% for the last year to date. Seven out of 11 ASX sectors...

The share market suffered its first setback in four sessions following weak US leads and as “messy” jobs data muddied the outlook for interest rates. The S&P/ASX 200 declined 15 points or 0.21 per cent from yesterday’s ten-week closi...

The ASX 200 finished lower today Xero dragged down Tech sector  Australia’s jobless rate is at 3.4% lowest in almost half a century   The ASX 200 index fell for the first time this week, down by 0.30%, as Tech stocks dragged the bourse lo...

ASX mining share Conico Ltd (ASX: CNJ) exploded today following a market announcement. The company’s share price is currently up 22% in late afternoon trading to 5.5 cents. However, in earlier trade, the micro-cap ASX mining share lifte...

The S&P/ASX 200 Index (ASX: XJO) appears to have run out of steam on Thursday. In afternoon trade, the benchmark index is down 0.25% to 7,109.4 points. Four ASX shares that are falling more than most today are listed below. Here’s w...

It’s been a backwards kind of day for the S&P/ASX 200 Index (ASX: XJO) and ASX shares this Thursday. At the time of writing, the ASX 200 has slipped by 0.29% and is back down to around 7,105 points. But rather than dwelling on that, le...

One ASX tech share that’s experienced a particularly choppy 12 months is donor management company Pushpay Holdings Ltd (ASX: PPH). Pushpay shares initially emerged as a COVID winner as churchgoers embraced digital giving and engagement....

The S&P/ASX 200 Materials Index (ASX: XMJ) is 0.86% in the red today, but three ASX mining shares are bucking the trend. Three materials shares lifting are Monger Gold Ltd (ASX: MMG), Black Canyon Ltd (ASX: BCA) and ChemX Materials Lt...

The share market fell for the first time in four sessions following weak leads from Wall Street, declines in key commodities and earnings misses from Origin Energy and Transurban. The S&P/ASX 200 declined 22 points or 0.31 per cent t...

Highlights Australian share market opened lower on Thursday. The ASX 200 index fell 9 points, or 0.13% to 7,118.70 at the open. The index has gained 0.67% in the past five days. Australian share market opened lower on...

Carl Capolingua is the only Australian technical analyst you will meet in this story. He works by candlelight at ThinkMarkets and lives with the little candelabrums in the western state that does what it wants, where they admire his unique...

The hot debate igniting financial circles right now is whether ASX shares — and stock markets across the world — have reached the bottom. Could the bear finally be ready to hibernate for the rest of winter, or does it plan to skulk about i...

Seven of Australia’s nine top railway operators rely on Zetron for critical communications BRISBANE, Australia, Aug. 4, 2022 /PRNewswire/ — Zetron, a global leader in integrated mission critical communications technology, today announced...

Highlights Return on Equity (ROE) is one of the measures of financial performance that helps gauge the company's profitability and efficiency in profit generation. While looking for stocks, it is always advisable to target an ROE equal...

Highlights Return on Equity (ROE) is one of the measures of financial performance that helps gauge the company's profitability and efficiency in profit generation. While looking for stocks, it is always advisable to target an ROE equal...

Highlights Return on Equity (ROE) is one of the measures of financial performance that helps gauge the company's profitability and efficiency in profit generation. While looking for stocks, it is always advisable to target an ROE equal...

The ASX 200 closed slightly up today The RBNZ lift rates by 50bp to 2.5% Ahead tonight, the all important US CPI Local blue chips whipsawed between minor gains and losses today, finally settling to a +0.2% close. Investors were mostly sit...

The ASX fell by 0.34% today Energy and Mining sectors fell by 5% each as recession fears bite A flood of economic data to be released in the US this week   Recession fears continue to dictate markets as major bourses in Asia, including th...

Directors continued to add to their holdings as a volatile FY22 came to a close WiseTech Global co-founders continue large sell-offs; Richard White offloads another $30m of stock WOTSO non-executive chairman bullish on company as share pr...

114 tech stocks were trading down for the month of June 11 stocks flatlined and only 22 were in the green The biggest losers were iSYNERGY, Icetana and Eroad   Wowzers. Even by tech stocks standards, June was a bit of a shocker, with the...

Shares in Codan (ASX:CDA) have de-rated from a 1-year forward P/E multiple, from ~27x 12 months ago to ~12x at present. This is given challenges in its Metal Detection Division. With growth opportunities emerging from the Communications Div...

Directors have not been shy to add to their holdings during recent market downturns Peter Warren Automotive Holdings and Domain Holdings among biggest buys since  June 14 heavy sell off Multiple directors in various companies buying dips i...

The leading investors from Wilson Asset Management (WAM) have told investors about two compelling All Ordinaries Index (ASX: XAO) ASX shares on their radar. WAM operates several listed investment companies (LICs). Some, like WAM Leader...

The WAM Capital Limited (ASX: WAM) share price closed the session today down 4.87% to $1.66. This represents a dramatic 21% fall in value since 3 June. As watchful investors would have noted, there was no market news released by the liste...

The S&P/ASX 200 Index (ASX: XJO) is out of form again on Tuesday. In afternoon trade, the benchmark index is down 0.9% to 7,143.3 points. Four ASX shares that are falling more than most today are listed below. Here’s why they are dropp...

Shares fell for a second day as downbeat economic data underlined cost of living pressures ahead of an expected rate rise this afternoon.   A broad sell-off drove the S&P/ASX 200 down 63 points or 0.88 per cent by mid-session. All...

Iron ore, lithium and manganese miner Mineral Resources added to the S&P/ASX 50 Index Ailing investment manager Magellan Investment Financial Group dropped out of the S&P/ASX 100 Index The S&P/ASX All Technology Index sees only...

Highlights BRN, CXO, LKE and NHC performed exceptionally well in the past one year on the ASX These companies have also delivered substantial earnings growth All the above stocks have gained investors’ attention after the news of S&am...

ASX 200 dips 0.50% Energy stocks lead, while Tech lag The RBA is set to have the board meeting on Tuesday Local shares dipped today, down by 0.50% ahead of tomorrow’s RBA board meeting. The Melbourne Institute (MI) has this morning reveal...