Articles On Codan (ASX:CDA)

Highlights  Australian shares eased downward today as the ASX 200 closed 0.2 per cent lower; energy shares performed worst. Most Asian stocks fell amid concerns that the recovery from COVID-19 will slow as elevated inflation forces tig...

Financial stocks were the only sector in the green today, with the benchmark ASX 200 index falling by 0.3% at the close. It was the first time this week the local bourse finished in the red, in a broad-brushed selloff led by the Energy sect...

With annual general meeting (AGM) season underway, we’re starting to see some interesting trends. One is that, overall, results have been better than expected. Another is that, in Australia, margins are coming under pressure as inflation st...

In late afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a disappointing decline. At the time of writing, the benchmark index is down 0.4% to 7,420.9 points. Four ASX shares falling more than most today are list...

Highlights The ASX 200 declined as much as 0.4% by mid-session on Thursday. Fortescue Metals edged lower following its quarterly business update. ANZ shares rose over 2% on robust annual earnings report. The Australian share marke...

It’s a week shareholders rather forget as the Codan Limited (ASX: CDA) share price tanked 23% despite announcing a new contract win. The Codan share price crashed by another 7% this morning to a more than one-year low of $10.24. The loss i...

Highlights Star Minerals shares closed 7.5% higher on ASX debut. The gold explorer raised AU$5 million in its oversubscribed IPO. The company issued 25 million shares at an offer price of 20 cents. The Australian share market...

Highlights  The ASX 200 added 0.1 per cent, or 5.3 points, to 7448.7 today. The healthcare and communication services sectors led the market. Consumer prices rose 0.8 per cent in the three months to September and 3 per cent over the p...

Highlights The ASX 200 traded marginally lower by the afternoon, paring opening gains. Seven of the 11 sectors were trading in red, while consumer staples declined the most. Codan, A2 Milk Company, Champion Steel, were among top loser...

Highlights  Woolworths shares fell despite a rise in the company’s quarterly sales. Humm Group shares declined on plan to commence dividend payment. Codan shares slumped despite bagging a new contract. Gold Road Resources dropped aft...

The ASX 200 edged into positive territory by the close of trade, after digesting Q3 inflation data which came in slightly higher than expected. The higher print for core inflation saw the Aussie dollar push higher and stocks briefly fell, b...

The ASX got off to a solid start today but the rally eased following the release of inflation data. Core inflation rose at the fastest pace since 2015 leading to speculation that the tightening of monetary policy could come sooner than 2024...

An early rally largely fizzled out after a hotter-than-expected inflation report sharpened fears official rates may rise as soon as next year. The S&P/ASX 200 cut a 30-point rally to a final gain of five points or 0.07 per cent. The...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a small decline. At the time of writing, the benchmark index is down slightly to 7,441.7 points. Four ASX shares that are falling more than most today are list...

The Codan Limited (ASX: CDA) share price is slumping during afternoon trade after spending most of the morning in the green. This comes after the technology company announced to investors that it has secured a significant contract. At the...

Codan (CDA) subsidiary, DTC Communications, has been awarded multi-year contract with a global technology company DTC will supply its software defined mesh radios to an unnamed company which is undertaking a “sensitive military program” Th...

At lunch on Wednesday, the S&P/ASX 200 Index (ASX: XJO) is on course to record a decline. The benchmark index is currently down 0.3% to 7,419.7 points. Here’s what is happening on the ASX 200 today: A2 Milk shares crash on investor upd...

Australian shares were set to open little changed ahead of today’s consumer prices report despite another round of records on Wall Street. ASX futures edged up just four points or 0.05 per cent after a mid-session wobble and late dip too...

Local tech stocks were buoyed by Nasdaq’s rise of 1% overnight, following Tesla’s 12% rise as it joined Apple, Google, Facebook in becoming a trillion dollar company. Tech favourites like Afterpay (ASX:APT) rose by 3%, but the most scruitin...

Today, the S&P/ASX 200 Index (ASX: XJO) kicked off the session strong but lost its stream as the day progressed. The benchmark index finished 0.03% higher to 7,443.3 points. The standout sectors on Tuesday included tech and consumer di...

S&P/ASX 200 Index (ASX: XJO) shares are, broadly, pulling the index higher today. At time of writing the index is up 0.3%. But it’s tech shares that are leading the way today. Tech companies leading ASX 200 shares into the green While...

The old adage goes, you should buy ASX shares when they’re cheap, not when prices have already risen. But how can you tell whether a stock is currently cheap because it’s underappreciated by investors, or if it genuinely represents a dud b...

The share market looked ready to add to three weeks of gains at this morning’s open following a record close on the Dow and a rebound in mining stocks. Futures action suggested the S&P/ASX 200 would open 30 points or 0.4 per cent ahe...

Highlights The Australian shares pared back gains enjoyed through most of the day to close flat today, finishing just 1.7 points higher at 7415.4. Weekly payroll jobs edged 0.2% higher in the two weeks ended September 25 in a positive...

After trading higher by half a percent for most of the day, the benchmark ASX 200 ended up just 0.07% higher, taking its weekly gain to 0.70%. Properties and miners were the major winners, while travel stocks dragged the index down. The loc...

Highlights The ASX ended 0.5% higher on Wednesday. Alvo Minerals surged 64% on IPO listing. ActivePort Group dropped 2.5%, while RAM Essential Services Property Fund rose 2%. The Australian share market closed higher on Wednesday,...

Highlights Australian shares gained ground today, afloat by a strong session for technology and financial stocks which offset weakness from the energy sector. Mixed cues continue to pave way from Asian markets. The International Monet...

The ASX 200 was up 0.73% today, following similar rises in US stocks overnight. Tech, miners, and industrials were the best performing sectors, with energy and communications being the only sectors in the red. The Aussie index rose as ABS d...

Today, the S&P/ASX 200 Index (ASX: XJO) rallied on the back of another positive session in the US. The benchmark index moved 0.53% higher to 7,413.7 points. Only two sectors finished in the red at the end of Wednesday’s day of trade. T...

The S&P/ASX 300 Index (ASX: XKO) is rebounding in positive territory on Wednesday after losing some minor ground yesterday. During late-afternoon trade, the ASX 300 is up 0.66% to 7,433.8 points. This means that the index is currently...

Highlights The ASX 200 was up 0.9% by afternoon trade on Wednesday. All 11 sectors traded in the green, led by tech and consumer staples. Kogan gained the most, while Whitehaven Coal emerged as the top laggard. BHP, De Grey Mining, B...

Highlights The ASX200 closed 0.1% lower today at 7374.9 points, dragged down by falls in large mining companies. In Asia, stock markets traded mostly higher today. The global crypto market cap has inched up marginally. The ASX 200...

The ASX 200 posted its second day of steady gains, although the drivers were broadly the reverse of Monday’s session. Falls in resources and financials were offset by a rebound in the tech sector. A day after lagging the market with a fall...

Highlights The ASX 200 traded 0.2% higher by the mid-session, led by tech stocks. Barring material, all sectoral indices were trading in the green zone. Blue-chip mining stocks BHP, Rio Tino and Fortescue traded lower. Uniti Group, Z...

Highlights The ASX 200 was trading around 7,383, a few points up from Monday’s closing of 7,381.1. The market breadth is on the positive side for the day so far with nine out of the 11 sectors trading higher. The IT sector is leading...

In this week's Weekly Insights:-Forecasts Are Falling-Conviction Calls-Research To DownloadBy Rudi Filapek-Vandyck, Editor FNArenaForecasts Are FallingAs if investors didn't already have enough to worry about, earnings forecasts around the...

Two ASX shares that have been sold-off recently may have caught a break as brokers just upgraded them to ‘buy’. The upgrade comes the S&P/ASX 200 Index (ASX: XJO) jumped more than 1% as it bounced from a four-month low. One of these up...

An additional news report on the recommendation, valuation, forecast and opinion changes for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Au...

Highlights Australian shares brushed off worries about global economic instability and gained 1.9% today; all sectors rallied. A leap in Singapore iron ore futures sparked hopes of a revival in China demand. Virtual currencies remain...

Gains at the big end of town led the market today, as the ASX 200 rose by 1.88%. Intra-day, that marked its best return of the year (biggest gain since November 3, 2020). There were similar gains for all of the major sectors, as Energy stoc...

Today, the S&P/ASX 200 Index (ASX: XJO) delivered a much-needed dose of green. The benchmark index surged 1.88% to 7,332.2 points. In a change of scenery, all of the ASX’s sectors finished higher on Thursday. The strongest performers...

Highlights Fortescue Metals Group shares rose as much as 3.4%, buoyed by a rise in iron ore prices. ZIP Co shares gained 6.5% on singing a deal with American tech major Microsoft. South32 climbed nearly 3% on plans to acquire addition...

The S&P/ASX 300 Index (ASX: XKO) has jumped higher on Thursday morning in a good start to the day for investors. Shares in a number of companies across various sectors are on the move, so let’s take a look at some of the broad market i...

Highlights The ASX 200 gained as much as 1.15% by mid-session on Thursday. All sectoral indices traded in the green, while consumer staples and energy gained the most. Orica, Codan, Beach Energy, ARB Corp and Collins Foods topped ASX...

Highlights Benchmark index, the ASX 200, gained 10.4 points or 0.14% to 7,207.1 in the early session. The market breadth is favouring the bull today, with eight out of the 11 sectors trading in green. Experience Co is raising AU$55 mi...

FNArena's Treasure Chest reports on money making ideas from stockbrokers and other experts. Codan has a track record of overachieving on forecasts and FY21 sales were robust, so with a subdued share price is there a buying opportunity? The...

The ASX 200 has recouped some of its lunch time losses and closed the day lower by just 1.08%, after falling by 1.7% at the half way mark of the session.. The local bourse followed moves in US and European equities overnight, as a broad-bas...

Highlights The ASX 200 nosedived 1.5% by mid-session on Wednesday. Barring utilities, all sectoral indices were bleeding in red. Tech stocks were the biggest losers amid concerns about rollback of economic stimulus. Gold mining stock...

Do you own WAM Capital Ltd (ASX: WAM) shares? If you do, you also own part of an underlying share portfolio. See, WAM Capital is a Listed Investment Company (LIC) which means it is a company that primarily invests in other companies’ share...

Highlights As of 10:30 AM AEST, the ASX 200 extended its losses, trading 0.41% or 30 points lower at 7,218.2. The market breadth is on the weaker side with 10 out of the 11 sectors trading in red. Iron ore prices have tumbled below US...