Articles On Megaport (ASX:MP1)

Positive leads from Wall Street and strong trading updates from Fortescue Metals and Origin Energy helped power the share market to a fresh nine-month high. The S&P/ASX 200 climbed 30 points or 0.4 per cent to 7498 by mid-session....

The S&P/ASX 200 Index (ASX: XJO) is on course to end the week with a decent gain. In afternoon trade, the benchmark index is up 0.35% to 7,494 points. Four ASX shares that are climbing more than most today are listed below. Here’s w...

The Megaport Ltd (ASX: MP1) share price is on course to end the week strongly. In morning trade, the network as a service provider’s shares are up 6% to $7.34. Why is this ASX 200 tech share racing higher? The catalyst for the rise in th...

The Origin Energy Ltd (ASX: ORG) share price is on course to end the week on a positive note. In morning trade, the energy giant’s shares are up 2.5% to $7.51. Why is the Origin share price pushing higher? Investors have been bidding the...

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...

All Ordinaries Index (ASX: XAO), or All Ords, shares saw plenty of volatility last year and I think 2023 could be another year of big movements. The All Ords is an index of approximately 500 of the biggest businesses listed on the ASX. Typ...

The ASX ended Friday flattish, but is at a 9-month high Energy and Miners led today after a series of announcements by majors Chinese lunar New Year ahead   The ASX 200 edged 0.20% higher on Friday, pushing the index to a 9-month high. Fo...

Even though investors refer to it all the time, past performance really has nothing to do with the future fortunes of a stock. Shares themselves have no memory so they don’t care where they came from. It only matters what will happen from...

The ASX share market went through a lot of pain last year. So did my portfolio which dropped around 15%, though that doesn’t account for the dividends I received. Some of my biggest investments are growth-focused, with two of my biggest...

The S&P/ASX 200 Index (ASX: XJO) kicked off the week strong, leaping 0.82% on Monday to close at 7,388.2 points. That was despite a lacklustre performance from mining shares. The S&P/ASX 200 Materials Index (ASX: XMJ) lifted just 0...

ASX 200 holds steady around +0.8% since lunch Australian Pacific Coal CEO David Conry has left the company. Abruptly. Bain Capital making all the right noises about bringing Virgin back to the bourse   All up, it’s been a pretty tidy old...

The share market’s gains for 2023 reached 5 per cent today after China announced its reopening Covid wave had peaked and a new US earnings season got off to a cautiously positive start. The S&P/ASX 200 hit an eight-month high of 7396...

ASX extends gains to 4th straight day Iron ore stocks fall, Tech stocks rise Earning season gets underway with a trickle of ASX companies reporting today   The ASX 200 extended gains for a fourth consecutive day, up by 0.80% on Monday des...

The share market surged to an eight-month high as some of last year’s worst-performing stocks rebounded amid optimism that global headwinds are receding. The S&P/ASX 200 was ahead 59 points or 0.81 per cent mid-session at 7387 after...

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 level...

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...