Articles On Megaport (ASX:MP1)

The year 2022 has been brutal on ASX technology shares. The S&P/ASX All Technology Index (ASX: XTX) has declined by around 35% so far this year, and there is no relief in sight. But long-term investors will already know the tide will t...

Highlights The Australian share market ended with losses on Thursday. The All-Ordinaries index fell 1.45%. However, there were shares which managed to buck the broader trend. The Australian share market traded on a w...

Highlights Australian equity market declined today as ASX 200 closed 1.42% lower at 7,019.70 points. Except for energy sector, all other ten sectors closed in red in today's trading session. The S&P/ASX 200 Energy Sector Index (XE...

Are you interested in adding some more ASX shares to your portfolio in June? Three ASX shares that could be worth considering this month are listed below. Here’s what you need to know about them: Altium Limited (ASX: ALU) The first ASX sha...

Australian shares suffered their heaviest loss in more than three weeks after the Reserve Bank raised its benchmark rate by 50 basis points to 0.85 per cent. The dollar jumped and shares slumped when news of the bumper hike was released....

The Megaport Ltd (ASX: MP1) share price has come under pressure on Tuesday. So much so, this afternoon the network as a service company’s shares have dropped over 5% to a multi-year low of $5.96. This means the Megaport share price is now...

Shares fell for a second day as downbeat economic data underlined cost of living pressures ahead of an expected rate rise this afternoon.   A broad sell-off drove the S&P/ASX 200 down 63 points or 0.88 per cent by mid-session. All...

ASX 200 dips 0.50% Energy stocks lead, while Tech lag The RBA is set to have the board meeting on Tuesday Local shares dipped today, down by 0.50% ahead of tomorrow’s RBA board meeting. The Melbourne Institute (MI) has this morning reveal...

The Megaport Ltd (ASX: MP1) share price has struggled in the past month, but could it go higher? Megaport shares are currently trading at $6.31, a 3.37% fall. For perspective, the S&P/ASX 200 Index (ASX: XJO) is 0.34% in the red today...

World Overnight SPI Overnight 7245.00 + 77.00 1.07% S&P ASX 200 7175.90 – 58.10 – 0.80% S&P500 4176.82 + 75.59 1.84% Nasdaq Comp 12316.90 + 322.44 2.69% DJIA 33248.28 + 435.05 1.33% S&P500 VIX 24.72 – 0.97 – 3.78%...

Highlights At market close, Australian shares dropped 0.8%, or 58.1 points, to 7175.9. Tech stocks dragged the benchmark index lower, followed by healthcare. Australia’s April trade surplus came in higher than expected. Daily mark...

The share market dropped 0.8 per cent following pressure on US stocks as the threat of significantly higher interest rates dampened buying interest.   The S&P/ASX 200 declined 58 points to 7165. Tech stocks led a sell-off in sectors...

ASX closes 0.8% lower BHP-Woodside merged company, Woodside Energy makes its ASX trading debut today OPEC meeting ahead    The ASX 200 dropped right from the opening bell, and finished the day lower by 0.80% to 7,175. All 11 sectors fell...

If you’re a fan of tech shares, then you may want to look closely at the two listed below. Here’s why these could be tech shares to buy: Altium Limited (ASX: ALU) The first tech share for investors to look at is Altium. It is the electro...

ASX 200 is down 1%% today and 1.85% in May, the worst monthly return since January Australia’s current account misses forecast China’s lockdown easing sparks a mini rally in commodity stocks   Local blue chips finished 1.03% lower today,...

The share market declined for a second month despite a strong recovery in recent weeks as China started to reopen and inflationary pressures eased. The S&P/ASX 200 booked a 3 per cent loss for May after falling 75 points or 1.03 per...

Australian shares trimmed two days of strong gains as regional markets took a breather ahead of the resumption of US trade after the Memorial Day holiday. The S&P/ASX 200 eased 29 points or 0.4 per cent on the final morning of a vola...

ASX 200 was up 1.3% today, led by Tech which jumped 4% A2M rose 10% after Bubs got  export deal with the US AGL Energy cancels coal demerger plan   A surge in Tech stocks led the ASX to a 1.3% higher close today, following a strong rally...

Aussie shares surged to a three-week high as regional markets rallied on signs global inflationary pressures may have peaked and as China relaxed Covid restrictions. The S&P/ASX 200 climbed 101 points or 1.41 per cent to 7284. Tec...

Australian shares jumped to a three-week high amid hopes global inflationary pressures have peaked, easing pressure on central banks to raise rates.   The S&P/ASX 200 climbed 63 points or 0.88 per cent by mid-session. The Australi...

“Your Stock Request” is a weekly video where we analyse share price charts for stocks on the Australian market (ASX) as requested by you! Email us at [email protected] with your stock request. Limit of one per person, no guarantee o...

ShareCafeEvening Report: 25 May, 2022 by Lauren Evans   The Aussie sharemarket held onto its gains today thanks to a rally in gold miners, major banks and consumer staples while most sectors ended the day slightly up. This came after renewe...

ASX 200 was up 0.56% today Investors flock to gold stocks on flight to safety Tech stocks plunge 2.5% as risk aversion kicks in   The benchmark ASX 200 index closed 0.56% higher today as investors flocked into gold stocks. It was a flight...

Gold miners, supermarkets and bonds outperformed as fears of a global slowdown pushed investors into defensive assets.   Blue-chips dominated as the S&P/ASX 200 climbed 26 points or 0.37 per cent. Small caps retreated. What moved...

The BrainChip Holdings Ltd (ASX: BRN) share price is tumbling today despite no news having been released by the company. At the time of writing, the BrainChip share price is $1.09, 5.65% lower than its previous close. For context, the S&am...

Gold miners, supermarkets and bank stocks helped steer the market higher as trading turned defensive following further signs of a US economic slowdown. The S&P/ASX 200 rallied 44 points or 0.62 per cent by mid-session. A sharp retrea...

If you’re looking for some new growth shares to buy, then it could be worth considering the three ASX shares listed below. Here’s what you need to know about these highly rated growth shares: Domino’s Pizza Enterprises Ltd (ASX: DMP) The f...

ASX closes flat Mining and Energy lead, while Health and Financials lag Codan, Elders offer strong guidance The first day of a new government didn’t have much impact on the local stock market, with Aussie blue chips closing the day flat....

ShareCafeLunch Report: 18 May, 2022 by Melissa Darmawan   Materials lift ASX higher for 4th day Australian shares are on track to continue its winning streak for its fourth straight day after taking a strong lead from Wall St. The local ind...

At lunch on Wednesday, the S&P/ASX 200 Index (ASX: XJO) has followed the lead of Wall Street and is charging higher. The benchmark index is up 0.8% to 7,168.5 points. Here’s what is happening on the ASX 200 today: Fortescue’s leadershi...

Aussie shares pushed for a third straight advance for the first time in a month as gains in commodity stocks offset weakness in tech and healthcare. The S&P/ASX 200 rallied 14 points or 0.2 per cent by mid-session. Rebounds in iro...

Takeover action and a relief rally on Wall Street helped lift the share market towards back-to-back gains for the first time this month. The S&P/ASX 200 reached mid-session 14 points or 0.2 per cent ahead. The index trimmed a 74-poin...

At lunch on Monday, the S&P/ASX 200 Index (ASX: XJO) has started the week on a reasonably positive note. The benchmark index is currently up 0.3% to 7,096.5 points. Here’s what is happening on the ASX 200 today: Goodman Q3 update impre...

If you’re looking for some new growth shares to buy following the market meltdown, then it could be worth considering the two ASX shares listed below. Both of these ASX shares have been tipped as buys with major upside potential. Here’s wh...

World Overnight SPI Overnight 7110.00 + 54.00 0.77% S&P ASX 200 7075.10 + 134.10 1.93% S&P500 4023.89 + 93.81 2.39% Nasdaq Comp 11805.00 + 434.04 3.82% DJIA 32196.66 + 466.36 1.47% S&P500 VIX 28.87 - 2.90 - 9.13% U...

A relief rally lifted the ASX 200 back above the 7000 level as a pause in this week’s bloodletting on Wall Street brought buyers back to market. The S&P/ASX 200 bounced 95 points or 1.36 per cent to 7036 by mid-session. The rally bro...

Shares in Megaport Ltd (ASX: MP1) are shifting higher on Friday and now trade 6% in the green at $7.01 apiece. The Megaport share price has traded 62% in the red since market activity resumed in January. What’s up with the Megaport sha...

World Overnight SPI Overnight 6911.00 – 5.00 – 0.07% S&P ASX 200 6941.00 – 123.70 – 1.75% S&P500 3930.08 – 5.10 – 0.13% Nasdaq Comp 11370.96 + 6.73 0.06% DJIA 31730.30 – 103.81 – 0.33% S&P500 VIX 31.77 – 0.79 – 2.4...

You might be sick of hearing this, but turbulent times like now mean it’s more important than ever to retain a long-term view of ASX shares. You might look at a particular stock and be horrified that it has dropped half its value this year...

Highlights ASX 200 fell 1.8% to 6941 points, the lowest closing level since late January. Tech stocks shredded both in the US and Australia with the local tech sector dropping by 8.7% after latest US inflation numbers spooked markets....

ASX 200 drops for the third day this week Tech sector sank 7% on bearish sentiment US CPI was higher than expected   Local shares fell again today, capitulating to their third loss this week. At the close, the ASX 200 fell by 1.82% with a...

Aussie shares declined for the fourth time in five days after the Dow logged its longest losing run since 2020. The S&P/ASX 200 shed 74 points or 1.06 per cent by mid-session. The benchmark was stuck below the psychologically-signifi...

While share markets have turned pretty dark in recent months, we know from past experience that it could all turn around pretty quickly. However, to combat rising interest rates, experts are emphasising quality. There is no universal defi...

The share market fell for a fourth day as declines in banking and tech stocks outweighed gains in defensive pockets of the market. The S&P/ASX 200 pared an early fall of 59 points to 10.5 points or 0.15 per cent by mid-session. On...

ASX 200 extended loss, down by 1.43% All sectors fell except for Energy Tech and Real Estate were the worst performers   The ASX has extended its selloff as local stocks closed to the lowest level in two months. At the close, the benchmar...

The share market closed at a seven-week low as soft Chinese economic data pushed the dollar below 70 US cents and sapped buying interest in mining stocks. The S&P/ASX 200 shed 85 points or 1.18 per cent. Today’s close was the weakest...

The Appen Ltd (ASX: APX) share price rollercoaster continues on Thursday with the stock recovering its losses for the week so far. There’s been no news from the provider of data for artificial intelligence to explain today’s surge. However...

If you’re a growth investor with room for some new portfolio additions in May, then it could be worth considering the three ASX growth shares listed below. Here’s what you need to know about these buy-rated ASX shares: Breville Group Ltd ...

Megaport gets support of major investment firms increasing holdings Gold Road Resources increases stake in DGO Gold as part of takeover offer Milford Asset Management shows confidence in Neuren Pharmaceuticals Trading Places is Stockhead...

The S&P/ASX 200 Index (ASX: XJO) was out of form during a very volatile April. The benchmark index lost 0.9% of its value during the month to end it at 7,435 points. Although a good number of shares dropped with the market, some fell m...