Articles On Magontec (ASX:MGL)

  US markets continued to rise underpinned by strong earnings numbers. Results from the reporting season so far have seen over 80 per cent of US companies beating expectations. First-quarter earnings are now on track to increase by 4.7 per...

  US markets kicked off the post Easter week by giving up ground on what was a winning month for March and a strong first quarter. New inflation data raised concerns that the Fed may struggle to hit its target of three rate cuts by the end...

ASX200 climbs a very laudable +0.85%  Property stocks (+1.9%) and Health Care (+1.24%) have led the gains Small caps led by Loyalty Lithium, TG6 and Tambourah Metals   The Australian sharemarket has lifted strongly on the first day of the...

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the trading day by...

Stocks rallied on Monday, with the S&P 500 ending the day out of correction territory, as traders kicked off a big week filled with a Federal Reserve rate decision, jobs report and Apple’s earnings. The Dow Jones Industrial Average gain...

ASX 200 closes significantly lower Mining Sector sheds -3.2% after BHP goes ex-div Small caps led by huge LPM find   I’m usually the first to kick the Australian sharemarket when its down, but the kind of losses the ASX200’s been handin...

The ASX 200 closed -0.10% in the red today, after feeling flat all day Sectors wise, Energy stocks carried the torch with enthusiasm, while Materials wasn’t let anywhere near said torch Notable performers today: pharma stock Telix (ASX:TLX...

ShareCafeUS stocks rally on big tech earnings                    Stocks rose Thursday, as strong results from Meta Platforms boosted tech-related names, and investors weighed the latest data on the US economy. Stocks rose despite weak...

ShareCafeGains from tech bellwethers boost US stocks                    Stocks rose broadly Wednesday, as strong gains in tech helped the Nasdaq rebound after a losing session. Sentiment was also lifted by easing concerns around the s...

ShareCafeMagontec (ASX:MGL) – Webinar Presentation Nicholas Andrews – Executive Chairman – Magontec is a specialist recycler servicing its primary magnesium alloy customers. Magontec (ASX:MGL) – Webinar PresentationCompany News

ShareCafeThe Week that Was: March 20-24, 2023 We at ShareCafe understand you are busy and may not have been left with enough time to keep up with the quality content we’ve been bringing you throughout the week. To make it easier to do so, h...

ShareCafeMagontec Discusses Record Result and Long-Term Prospects Magontec Limited (ASX:MGL) Executive Chairman and CEO Nicholas Andrews discusses the magnesium industry, drivers of demand, China, supply chains into the US and Europe, and...

ShareCafeMarket rallies on Apple earnings: Twitter delisted post Musk takeover                    US equities were sharply higher in Friday trading, ending near best levels as major averages capped off another week of big gains. The m...

ShareCafeUnprecedented Bank of England intervention avoids Lehman style event                    US equities finished higher in Wednesday trading, ending just off session highs. The Dow Jones Industrial Average mounted a big comeback...

75% lighter than steel and 33% lighter than aluminium, magnesium has the highest strength-to-weight ratio of all common structural metals. It is a key raw material for four important global industries: aluminium alloying (which uses up to 6...

ASX 200 is flat Small Caps index is flatter, let’s call it tepid Lots of fun rumours to dissect   So the Hang Seng Tech index lost nearly 2% when it opened this morning. And while most major indices across the Asia-Pacific ‘hood were inde...

Aussie small cap index falls flat, day two The ASX200 up 0.65% Conico is 50% higher   Rising gold prices and teetering tech stocks are playing dice for the soul of the ASX Emerging Companies (XEC) index on Wednesday, as the small cap top...

Aussie markets opened slightly ahead this morning after man of the moment Anthony Norman Albanese was sworn in as the 31st prime minister and posed for a happy ALP family pic, thus ended 10 years of conservative government. Throughout the d...

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...

Highlights The ASX 200 was trading 1.6 points up at 7,511.4 in early trade. As Asia markets closed in the red on Wednesday, European stock markets closed mixed. The utilities sector is the biggest laggard today, falling 1.3%. The...

The ASX resumed trading after the Christmas break with a healthy gain of over 1%, taking it to levels not seen since early September. The ASX 200 closed at 7,510 points, up 1.21% from last Friday, a level last seen on September 8. All secto...

Magontec (MGL) has provided an update on COVID-19 lockdowns in China, and also revealed an increase in profit year-on year The magnesium company brought in $17.1 million in gross profit between January and November, an increase on 2020’s $...

Stockhead’s Top 10 at 10, published at 10.15am 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 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...

The Magontec Ltd (ASX: MGL) share price is soaring again today, bringing its gains for the last 2 days alone to a whopping 68%. Interestingly, the company hasn’t released any price-sensitive news to the ASX since late August. Still, the ma...

Stockhead’s Top 10 at 10, published at 10.15am 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...

Another in-demand resource is skyrocketing in price as buyers are at the peril of a short-handed China. Today, ASX-listed magnesium shares enjoyed a rapid growth spurt in value as a shortage unfolds. This follows reports of mere weeks’ wor...

The ASX finished in the green by just 0.03%. Today’s gain was spurred by a 1.34% rally in tech shares as well as a rally in Crown (ASX:CWN) shares in the wash-up of the Victorian government’s royal commission. Despite the report finding the...

Just like yesterday the ASX rallied for most of the day but retreated in the afternoon and today closed in the red. The ASX 200 was down 0.08% at 7,375 points. Another difference from yesterday was tech was the best sector gaining 1.7% whil...

After a positive start the ASX finished down over 0.5%. Today, APRA ordered the big banks to increase the home loan “serviceability buffer” from 2.5% to 3% from the end of October and hinted more regulation could be forthcoming. Also hittin...

Australia’s bourse had its biggest decline since February 26 falling by over 2%. The ASX 200 fell 2.1% to close at 7,248 and is down 5% since August 13. The ASX Emerging Companies Index fared worse, losing over 4% in its worst day since Apr...

The ASX 200 has tracked lower in Friday trade, rounding out a choppy week where local stocks struggled for direction. The index was dragged lower by another brutal session for the big miners as iron ore prices tanked again, led by a 15% dro...

The ASX 200 closed at 7,488 points which was 0.04% down from yesterday but up 0.37% from last Friday. The ASX Emerging Companies Index lost 0.57% to close at 2,285 points. The best sector was industrials which gained 1.07%. Tech and consume...

Australian shares have extended gains for the second day in a row, rising by 0.91% despite more COVID cases across states. All 11 sectors were in the green, except for Healthcare. Mining and Energy led the gains, rising by 2% each, buoyed b...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers during the trading day. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intrad...

Summary Novonix had shot up by 14.9 per cent on 19 February 2021 with an extraordinary volume, coming under authorities' radar. Aquis Entertainment ended December 2020 quarter with A$7.25 million of cash and cash equivalents and delive...

A quick wrap of the ASX’s key winners and losers on Tuesday, August 18. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Today 888 stocks rose, 534 declined and...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

A quick wrap of the ASX’s key winners and losers on Monday, July 20. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Today 599 stocks rose, 678 declined and 829...

No, its not photoshopped. This ratfish was caught in deep water in northern Norway. It’s no blue whale, but its got enormous eyes to help it see in the darkness below. It may look scary but it is completely harmless — it feeds mainly on cra...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

At the start of every trading day, it can be useful to know which stocks are humming out of the gate. Large percentage moves in small caps aren’t uncommon, but sometimes a big announcement can cause a stock to rocket higher (or fall). Stock...