Articles On Megaport (ASX:MP1)

The S&P/ASX 200 Index (ASX: XJO) ended the week on a high – a six-week high that is. The index lifted 0.66% today to close at 7,328.1 points. That marks a 3.07% week-on-week improvement. Friday’s gain came on the back of positive i...

Aussie shares bolted to a five-week high as mining giant BHP hit a record, and a sharp decline in the cost of importing goods signalled inflationary pressures eased at the end of last year. The S&P/ASX 200 surged 85 points or 1.18 pe...

A record high for index heavyweight BHP helped drive the ASX to its strongest level since the first week of December.     At the halfway mark, the S&P/ASX 200 was ahead 84 points or 1.17 per cent at 7279. Ten of eleven sectors adv...

It was a good day to be invested in many S&P/ASX 200 Index (ASX: XJO) shares, with the index gaining 0.9% on Wednesday to close at 7,195.3 points. In a welcome change from yesterday’s session, nearly all sectors ended the day higher...

The ASX down by 0.30% on Tuesday Iron ore miners pare gains as China clamps down on speculation Jerome Powell will speak tonight   The ASX 200 lost 0.30% on Tuesday as the biggest three sectors – Energy, Mining and Financial – took a tumb...

The S&P/ASX 200 Index (ASX: XJO) traded in the green on Monday, closing 0.59% higher at 7,151.3 points. It followed a strong Friday session on Wall Street. The Dow Jones Industrial Average Index (DJX: .DJI) closed last week with a 2.1%...

The share market sealed its longest win run since early November with a fourth straight rise following strong gains on Wall Street as buyers bet on a soft landing for the US economy. The S&P/ASX 200 trimmed its advance as iron ore pr...

Aussie shares hit a three-week high amid optimism about cooling inflation and China reopening. The S&P/ASX 200 rallied 44 points or 0.62 per cent by mid-session. The advance put the Australian benchmark on track for a fourth straight...

At the start of each week, I like to look at ASIC’s short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high lev...

ASX tech shares had a terrible time in 2022 amid numerous interest rate rises. After such a bad run, can the sector regain investor confidence in 2023? As an example of the heavy decline, the BetaShares S&P/ASX Australian Technology ET...

Info-Tech Research Group says the metaverse and generative AI are among the tech trends this year Data players and stocks involved in digitalisation are primed for the spotlight ESG reporting are expected to become more regulated globally...

A new year got off to a challenging start with Australian stocks at eight-week lows as a month-long retreat continued in the wake of soft economic signals from major trading partner China.   The S&P/ASX 200 slumped 92.5 points or 1.3...

At the start of each week, I like to look at ASIC’s short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high lev...

At the start of each week, I like to look at ASIC’s short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high lev...

The S&P/ASX 200 Index (ASX: XJO) has continued its positive form on Thursday. In afternoon trade, the benchmark index is up 0.6% to 7,158.5 points. Four ASX shares that are climbing more than most today are listed below. Here’s why...

The All Ordinaries Index (ASX: XAO) had a fairly dreadful day of red ink this Tuesday. By the end of the trading session, the All Ords had slipped by a nasty 1.66%, putting the index at 7,199.6 points. But that loss pales in comparison to...

ASX closes down 1.54% setting a 20-day low with hopes of a Christmas rally fading Japan stocks tumble after Bank of Japan adjusts its bond yield cap Johns Lyng Group COO Lindsay Barber sells down ~$26 million worth of shares The benchmar...

Mining stocks bounced back, trimming losses on the ASX For the week, the ASX 200 was down 0.5% T.Rowe Price predicts an earnings recession in Australia next year   Energy and mining stocks bounced back today, trimming losses on the ASX. A...

Lithium stocks dragged the ASX lower today Inflation expectations fall in Australia Aussie unemployment steady at 3.4%   Lithium miners dragged the mining sector lower today as the latest auction on BMX exchange suggests that spodumene pr...

Australian shares tracked falls on Wall Street after the Federal Reserve raised US interest rates and signalled more hikes next year. The S&P/ASX 200 declined 32 points or 0.44 per cent by mid-session. The market took in its stride u...

The All Ordinaries Index (ASX: XAO) is having a decent day so far this Wednesday. At the time of writing, the All Ords has gained a healthy 0.42%, putting the index up at around 7,420 points. But it’s another story when it comes to the Ara...

The S&P/ASX 200 Index (ASX: XJO) is on form again on Wednesday. In afternoon trade, the benchmark index is up 0.4% to 7,234.4 points. Four ASX shares that are climbing more than most today are listed below. Here’s why they are risin...

World Overnight SPI Overnight 7230.00 + 16.00 0.22% S&P ASX 200 7203.30 + 22.50 0.31% S&P500 4019.65 + 29.09 0.73% Nasdaq Comp 11256.81 + 113.08 1.01% DJIA 34108.64 + 103.60 0.30% S&P500 VIX 22.55 – 2.45 – 9.80%...

The S&P/ASX 200 Index (ASX: XJO) traded in the green on Tuesday, recovering some of yesterday’s slump. At the end of today’s session, the index was 0.31% higher at 7,203.3 points Tech shares were among the market’s best performe...

Highlights The ASX 200 benchmark index closed in the green today (December 13), gaining 19.80 points, or 0.28%, to end at 7,200.60 points. Over the last five days, the index has lost 1.24% and 2.42% over the last 52 weeks. IT was the...

The share market rose for only the second time in six sessions before halving its gains ahead of risk events in the US.   The S&P/ASX 200 slashed a 47-point opening rally to 22.5 points or 0.31 per cent by the close. Caution set in a...

Local shares finished slightly higher ahead of the FOMC meeting later tonight Sam Bankman-Fried arrested in the Bahamas CSL has a new CEO   Local shares dipped in the afternoon, finishing the day just 0.30% higher despite a strong start....

A 14% dividend yield? Surely that must be a typo! No, no typo. That’s the dividend yield currently on the table from the Grange Resources Limited (ASX: GRR) share price as we speak. So is this too good to be true? Grange Resources is an AS...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a small gain. At the time of writing, the benchmark index is up 0.2% to 7,196.9 points. Four ASX shares that are climbing more than most today are listed belo...

This year has been a whopper for ASX shares and market watchers alike. We saw multiple lithium sell-offs, tech tumble amid rate hikes, and coal miners roar 200% higher. Meanwhile, the S&P/ASX 200 Index (ASX: XJO) has slumped 5% and the...

A rebound on Wall Street and an upbeat trading update from Bendigo and Adelaide Bank helped the share market rise for only the second time in six sessions. The S&P/ASX 200 rallied 20 points or 0.28 per cent to 7201 by mid-session....

The S&P/ASX 200 Index (ASX: XJO) hasn’t had a great year so far, following a very strong run in 2021, when the benchmark index gained 13%. Under pressure from surging inflation and a spate of interest rate hikes from the Reserve Bank...

The Bendigo and Adelaide Bank Ltd (ASX: BEN) share price is having a very strong day on Tuesday. In morning trade, the regional bank’s shares are up 7% to $9.71. Why is the Bendigo Bank share racing higher? Investors have been bidding th...

The ASX tech stock sector has taken a real whacking in 2022. Despite plenty of names displaying solid revenue growth over the last couple of years, they have been among the worst performers this year. However, when a bull market eventually...

The ASX extended last week’s losses on Monday Gas stocks fell after a decision by the Australian Federal Government Gold miners also tumbled   The ASX extended last week’s losses, finishing Monday 0.5% lower as investors look for signs th...

The S&P/ASX 200 Index (ASX: XJO) started the week off in the red today. It slumped 0.45% in Monday’s session to trade at 7,180.8 points. The star of today’s trade was the S&P/ASX 200 Energy Index (ASX: XEJ). It gained 1.2% amid...

Highlights The ASX 200 benchmark index closed in the red today (December 12), losing 32.80 points or 0.45% to end at 7,180.40 points. Over the last five days, the index has lost 1.98% and 2.35% over the last 52 weeks. Energy was the...

The share market fell to its lowest in almost three weeks ahead of a likely wave of interest rate hikes overseas this week. With central banks preparing to meet in the US, Europe and UK, the S&P/ASX 200 fell 32 points or 0.45 per cen...

S&P/ASX 200 Index (ASX: XJO) shares haven’t had the best of years so far. On the back of fast-rising inflation and the resulting steep interest rate hikes, the ASX 200 is currently down 4% in 2022. That’s after the benchmark index...

The S&P/ASX 200 Index (ASX: XJO) are on course to start the week with a decline. In afternoon trade, the benchmark index is down 0.6% to 7,170.6 points. Four ASX shares that have not let that hold them back are listed below. Here’s...

1) The stock market continues to dance to the tune of interest rates, with the S&P 500 falling 0.7% on Friday night as investors bet on central banks staying “higher for longer” as they continue to battle stubbornly higher inflatio...

The share market fell to its lowest in nearly three weeks after Wall Street retreated ahead of key risk events, and gas suppliers wilted under the threat of proposed government price caps. The S&P/ASX 200 dropped 49 points or 0.68 pe...

At the start of each week, I like to look at ASIC’s short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high lev...

The S&P/ASX 200 Index (ASX: XJO) ended a disappointing week on a high today. It lifted 0.53% to close at 7,213.2 points on Friday. That marks a 1.21% week-on-week loss. Leading today’s gains was the S&P/ASX 200 Materials Index (A...

Australian shares rallied for the first time in four sessions after Wall Street rebounded and China’s Premier forecast changes to Covid restrictions will help the economy regain momentum. The S&P/ASX 200 climbed 38 points or 0.53 per...

Australian shares fell for the third time in four sessions as investors balanced weak leads from Wall Street against fresh moves in China towards reopening. The S&P/ASX 200 briefly halved an opening loss of almost 1 per cent after Bl...

The ASX slipped another 0.5% today Tech stocks dragged shares lower, tracking movements on Wall St overnight Australia GDP rose by just 0.6%, missing forecast   Tech stocks dragged local shares lower on Wednesday as recession worries jolt...

It’s been a pretty disappointing day for ASX shares this Wednesday so far. At the time of writing, the All Ordinaries Index (ASX: XAO) has slipped by 0.61%. But that’s nothing compared to the carnage we are seeing with the BrainChip Hold...

The share market fell to its lowest in a week after the threat of a 2023 recession dragged Wall Street to a fourth straight loss. The S&P/ASX 200 declined 54 points or 0.75 per cent by mid-session. The fall added to losses yesterday...

Local shares slipped half a percent on Tuesday The RBA increased rate by 25bp again Coal stocks rose while Tech flopped   Local shares traded sideways in the leadup to the RBA’s decision this afternoon, before finishing Tuesday 0.40% lowe...