Articles On Codan (ASX:CDA)

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((BLX)) - Beacon Lighting ((CGF)) - Challenger ((CQE)) - Charter Hall Social Infrastructure REIT ((CWY)) - Cleanaway Waste Management ((CDA)) - Codan ((CWN)) - Crown Resor...

Local shares fought back in afternoon trading to close by just 0.7% lower, after being down by 1% in morning session. For the week, the ASX 200 was up 0.35%. Investor sentiment was negative throughout the day, amid fears the Russian invasio...

Australian stocks hit a four-week high before shedding most of their gains after Russian state media accused Ukraine of firing mortar shells at pro-Russian separatists. The unconfirmed report triggered a late-afternoon pullback in the do...

ASX 200-listed Codan (CDA) has announces its highest-ever half-year profit and a 32 per cent increase in sales in the six months to the end of December 2021 Group sales revenue came in just shy of $257 million for the half-year, driving a...

Highlights The ASX 200 surged 0.61% to 7,316.7 in the first 15 minutes of trade. Gold prices rose on Wednesday after NATO and the US stated that Russia was deploying more troops near Ukraine border. The IT space has tumbled 2.13% so f...

Australian shares advanced as strong earnings from blue chip companies helped the market overcome soft overnight leads.   The S&P/ASX 200 rallied 50 points or 0.69 per cent during the busiest session yet of the domestic interim repor...

The Codan Limited (ASX: CDA) share price is struggling today and is now 3.62% in the red at $8.53. It’s been a rollercoaster day for the ASX tech share, which jumped out of the blocks to $9.05, before slumping as low as $8.21 — a 7% fall...

Shares in Codan Limited (ASX: CDA) opened poorly on Friday and now trade less than 2% down at $8.99 apiece. Codan shareholders have been walking on a saw’s edge these past 3 months with shares descending from highs of $10.44 in November t...

Local shares were up 1.17% today as investors digested live comments from RBA’s governor Dr. Philip Lowe, who was speaking at the National Press Club. Australia’s central bank boss hinted that he might start raising rates in 2023, consisten...

The share market extended its rebound from an eight-month low, retaining its gains after the Reserve Bank opened the door to rate increases this year.   The S&P/ASX 200 climbed 82 points or 1.17 per cent to its strongest close in a w...

Australian shares climbed to a one-week high as Wall Street’s best three-session rally since November 2020 sharpened hopes the worst of the January market rout had passed. The S&P/ASX 200 rallied 85 points or 1.22 per cent towards it...

Key points ASX 200 tech shares were among the top performing stocks on the index today It comes as Block officially takes over Afterpay and the Nasdaq Index dodged recording its worst January ever Among the leaders were the share prices o...

The share market advanced after the Reserve Bank ended its bond-buying program but doused any prospect of official rates rising in the “near term”. The S&P/ASX 200 rallied 34 points or 0.5 per cent. The market briefly doubled its gai...

The share market firmed ahead of this afternoon’s RBA rate update as the tech sector extended its recovery from last week’s 16-month low. The S&P/ASX 200 advanced 17 points or 0.24 per cent by mid-session. Gains in I.T. companies,...

We’ve all gone a little bit crackers on Friday – or as the Kiwi’s like to say in French – un peu fou de fafa. Trading volumes – unless I’m drunk – are about double what they usually are. Wait… 95% above the 20-day moving average. It’s a lot...

The share market firmed towards its first rise in a week after briefly erasing a 128-point rally. A roller coaster session saw the S&P/ASX 200 surge in opening trade, give it all back then rise once more to a mid-session gain of 107...

Highlights Australian shares plunged into a correction today, with the benchmark index dropping 123.3 points to 6838.3. The ASX 200 is down over 10% from its August highs. Fed Chair Jerome Powell has signaled a March lift-off for inte...

The ASX is all wrong on Thursday. The benchmark index fell almost 3% by lunch. It entered official, technical correction territory at about 1pm Sydney time, making it 11% worth of all wrong since its August highs, those many years ago. Tech...

The share market fell into a correction, declining for a fourth session as global markets continued to adjust to the prospect of higher borrowing costs and the withdrawal of central bank stimulus. The S&P/ASX 200 dipped below 6800 fo...

Highlights ASX 200 reversed its earlier gains and entered into a correction mode on Thursday. The index has lost over 6.5% in the last five days. While the ASX All Ordinaries index was down 1.78%, the A-VIX shot up by over 2...

A fleeting opening recovery gave way to further selling as the share market’s torrid start to 2022 continued. The S&P/ASX 200 rallied more than 1 per cent in early action before the rot set in. By mid-session the index had fallen 162...

Highlights After opening on a strong note, the ASX 200 soon slipped back in the red territory. While the ASX All Ordinaries index was down 0.61%, the A-VIX shot up by 6.34%. Seven of 11 sectors are trading in the red so far today....

With global markets pulling back sharply over recent days, it was pleasing to see the positive trading update by Codan Limited (ASX:CDA).  The company – which makes communications, metal detection and mining technology – has been a signific...

On 25th January 2022, the equity market of Australia settled the session in red. On the same day, ASX Midcap50 fell by 3.23% and ASX 200 was down by 2.49%. ASX All Ordinaries moved down by 2.60% to 7,248.10      Data Source: ASX, Table S...

Radio and communications manufacturer Codan [ASX:CDA] is defying the market today. Shares in this mid-cap stock are up 17.92% at time of writing. Well in the black, while the majority of the ASX is slumping in the red. The post Codan Shares...

Radio and communications manufacturer Codan [ASX:CDA] is defying the market today. The CDA Share price us up 17.92% at time of writing. The post CDA Shares Up 17% Higher on Better-Than-Expected Results (ASX:CDA) appeared first on Money Mor...

25 Jan 2022 - Metal detection and mining technology company Codan (ASX:CDA) has lifted sales in the first half of financial year 2022 despite global shortages of electronic compone…

Highlights The ASX 200 closed sharply lower today, dropping 177.90 points. Australia's core inflation soared to its fastest annual pace since 2014 in the December quarter. Asian stock markets traded mostly lower despite positive cues...

Well, that was brutal. After two days of steady falls, local markets executed a proper face-plant on Tuesday as the microcap Emerging Markets index slumped by 5.14%. For some recent history, you’d have to go back to the heady days of March...

The ASX 200 has fallen below the 7,000 level for the first time since May 2021, after slumping by 2.68% ahead of the Australia Day break tomorrow. Local investors were in selling mood as sentiment towards holding risky assets has turned neg...

The ASX 200 closed below 7000 for the first time in eight months following a volatile night on Wall Street and as a spike in inflation sharpened the case for higher rates. The Australian benchmark skidded 178 points or 2.49 per cent duri...

Key points The ASX 200 Index has dropped to an 8-month low point today The index is likely reacting to the latest quarterly consumer price index, which dropped this morning Dragging it lower are shares in household brands AMP, Westpac, an...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record another very disappointing decline. At the time of writing, the benchmark index is down 2.3% to 6,977.6 points. Four ASX shares that are not letting that hold...

The share market plunged to a fresh eight-month low after a wild session on Wall Street left traders nervous about holding over the Australia Day public holiday. The S&P/ASX 200 declined 168 points or 2.37 per cent by the halfway mar...

Highlights The ASX 200 plunged 0.99% or 70.8 pints to 7,070.3 in the first 15 minutes of trading. The sell-off on Wall Street worsened in the first half on Monday, however, stocks recovered sharply from the day’s lows by the closing....

At lunch on Tuesday, the S&P/ASX 200 Index (ASX: XJO) has followed the lead of global markets and is sinking. The benchmark index is currently down 2.6% to 6,957.6 points. Here’s what is happening on the ASX 200 on Tuesday: Zip confirm...

Key Points Codan shares accelerate on back of a positive trading update Sales surge despite tough trading conditions Record net profit after tax expected for H1 FY22 The Codan Limited (ASX: CDA) share price is zooming into positive terr...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

The ASX is suffering its worst trading day since September 2020 as CPI data and business confidence causes jitters. A2 Milk up 7.7 per cent on takeover talk and Codan soars on update.

When investing in ASX shares it can sometimes be helpful to make a note of which companies have experienced recent insider buying. The reason is, there aren’t too many people who would likely have a better understanding of the company’s v...

Key points Appen is the worst performing ASX 200 info tech share of the last 12 months It has fallen 57% since this time last year, spurred by a few key announcements Right now, the Appen share price is $9.88 The Appen Ltd (ASX: APX) sh...

The ASX 200 was down 0.45% today, with looming US interest-rate hikes still shadowing investor confidence. Goldman Sachs, J.P. Morgan and Deutsche Bank all expect the Fed to lift rates four times this year. By sector, ASX 200 consumer stapl...

The ASX 200 plummeted ~2.7% today, with a huge 6% selloff in the Tech sector weighing heavily on the index. All eleven sectors were in the red, following falls in Wall Street overnight that saw tech heavy Nasdaq slipping by 3.3%. Recent inv...

Today, the S&P/ASX 200 Index (ASX: XJO) notched up its third consecutive day of green. At the end of the session, the benchmark index finished 0.31% higher to 7,387.6 points. It was a broadly green day on the Aussie market on Thursday...

A strong tech-led rebound on Wall Street overnight wasn’t enough to provide a boost for the ASX 200. The local index finished Wednesday flattish, with Real Estate being the main laggard, falling by 1.3%. The property sector retreated as NAB...

Highlights  The Australian benchmark index observed heightened volatility amid a tug of war between healthcare and energy stocks. Technology and energy stocks drove losses in the share market. Easing concerns around the new variant bo...

The ASX 200 finished lower by 0.28% today, as investors turn cautious ahead of the Fed’s CPI release this Friday (US time). Overnight, US and EU markets rose following Pfizer’s announcement that three doses of its jab could protect against...

Highlights OZ Minerals shares rose over 1% on plan to offload its stake in joint ventures. Sydney Airport shares climbed 3% after the ACCC cleared its deal with Sydney Airport Alliance. Vulcan Energy rallied 19% on deal with Volkswage...

Highlights MoU has been signed between Woodside and Viva. The agreement covers the gas terminal project located in Geelong, Victoria and gaining the LNG regasification rights. The agreement will include a Geelong Refinery pier, a floa...

Highlights The ASX 200 was down 0.24% by the mid-session on Thursday. Barring industrial, all sectors were flashing in the red zone.   Redbubble, Codan, Xero, Magellan Financial Group, Champion Iron were among top losers. On Wall Str...