Articles On Megaport (ASX:MP1)

The ASX 200 finished 0.36% higher in Monday trade, as the Information Technology sector and the Consumer Discretionary sector both outperformed with gains more more than 1%. Across the commodities complex, the gold majors found demand with...

Today, the S&P/ASX 200 Index (ASX: XJO) made its first day of the new week a positive one. At the end of the session, the benchmark index finished 0.36% higher at 7,470.1 points. While the market was mostly green today, a few lagging s...

Trading on the Australian exchanges has been choppy today. The benchmark S&P/ASX 200 Index (ASX: XJO) has slipped into the red in afternoon trading while the All Ordinaries index (ASX: XAO) is also in negative territory. Despite the b...

Today, the S&P/ASX 200 Index (ASX: XJO) moved further to the downside following a weaker session. At the end of the day, the benchmark index finished 0.24% lower at 7,434.2 points. Another motley day on the market saw a mixture of red...

The share market fell for a second day as declines in banking and energy stocks outweighed gains in tech firms and miners.   The S&P/ASX 200 fell in afternoon trade to a loss of 18 points or 0.24 per cent. Earlier, the index gaine...

The Megaport Ltd (ASX: MP1) share price is soaring higher today to trade up 4.1% at $20.26. That marks a record high for the ASX tech company, having rallied 21% in the past month alone. This comes after it bounced off its 52-week low on...

One area of the market that is popular with investors is the tech sector. And with so many quality companies in the space, it isn’t hard to see why. If you’re looking to increase your exposure to the sector, you may want to look at the sha...

With inflation persisting and Reserve Bank stimulus about to fade, it’s more important now than ever to invest in quality ASX shares. Perhaps the biggest victim out of any rise in the cost of money will be the technology sector, as it has...

Peter Switzer is joined by Michael Wayne of Medallion Financial, Marcus Bogdan of Blackmore Capital, Chris Joye of Coolabah Capital, and Paul Miron of MSquared Capital.

It's been a good 30 days for the Megaport Ltd (ASX: MP1) share price. It's soared 19.6% since this time last month to finish yesterday's session ...

It’s been a good 30 days for the Megaport Ltd (ASX: MP1) share price. It’s soared 19.6% since this time last month to finish yesterday’s session at $19.29. For context, the S&P/ASX All Technology Index (ASX: XTX) has gained 5.3% over t...

On 2nd November 2021, the Australian market closed on an unfavourable note as significant selling pressure was witnessed on the basic materials sector. ASX 20 and ASX MIDCAP50 declined by 0.57% and 0.56%, respectively. On the same day, ASX...

Highlights The ASX ended 0.63% lower on Tuesday on rate hike concerns. Six of the 11 sectors fell, led by materials and financial stocks. Whitehaven Coal, IGO, and Champion Iron emerged as top losers on the ASX. All big four lenders ...

The Australian stock market quietly dipped into the red today, down by 0.7% with the Melbourne Cup and RBA taking centre stage. Whilst Verry Elleegant was taking the lap of honours at Flemington, the RBA announced that it will stick to the...

Today, the S&P/ASX 200 Index (ASX: XJO) was unable to back up yesterday’s gain with another positive session. At the end of the trading day, the benchmark index finished 0.63% lower at 7,324.3 points. The red session could largely be b...

Today, the S&P/ASX 200 Index (ASX: XJO) kicked off the new week with a green session. At the end of the trading day, the benchmark index finished 0.64% higher at 7,370.8 points. The markets were awash with gains across all sectors exce...

Following Wall Street’s record levels on Friday, the ASX 200 rebounded to rise by 0.6% today. All sectors were in the green, except for Financials which fell by around 0.6%. The sector was dragged down by Westpac (ASX:WBC), which slumped by...

The share market started a new month with solid gains on the eve of the most significant Reserve Bank meeting since the early days of the pandemic. The S&P/ASX 200 climbed 47 points or 0.64 per cent. The rally reversed almost half of...

Highlights  The ASX 200 closed 1.4% lower on Friday. The index ended the week with 1.25% loss. In a rare sight all 11 sectors settled in red zone. Asian shares traded mixed on rate hike concerns. In crypto market, Dogecoin, Ether, a...

It’s Friyay, but local stocks weren’t celebrating into the weekend as the ASX 200 fell more than 1% lower in afternoon trade. Investor attention centred around some rumblings in the bond market, after the RBA refrained from buying three-yea...

Highlights The ASX 200 declined 0.4% by mid-session on Friday. Barring healthcare, industrials and tech, all sectors were flashing in the red. PointsBet Holdings was the top loser, while Reece gained the most. Crown Resorts and ResMe...

Local tech stocks were buoyed by Nasdaq’s rise of 1% overnight, following Tesla’s 12% rise as it joined Apple, Google, Facebook in becoming a trillion dollar company. Tech favourites like Afterpay (ASX:APT) rose by 3%, but the most scruitin...

Today, the S&P/ASX 200 Index (ASX: XJO) kicked off the session strong but lost its stream as the day progressed. The benchmark index finished 0.03% higher to 7,443.3 points. The standout sectors on Tuesday included tech and consumer di...

The share market’s winning run stretched into a fifth session – just – as gains in tech stocks helped offset declines in defensive sectors. The S&P/ASX 200 held onto a skinny gain of two points or 0.03 per cent after being up more th...

The share market’s hot October streak continued with a fifth straight advance as Wall Street cheered strong earnings from Tesla and Facebook.    The S&P/ASX 200 had its highest close in six weeks in sight after rallying 12 points or...

S&P/ASX 200 Index (ASX: XJO) shares are, broadly, pulling the index higher today. At time of writing the index is up 0.3%. But it’s tech shares that are leading the way today. Tech companies leading ASX 200 shares into the green While...

Megaport Limited (ASX:MP1) reported another strong quarter with record Annualised Recurring Revenue added.

It has been another busy week for Australia’s top brokers. This has led to the release of a large number of broker notes. Three broker buy ratings that you might want to know more about are summarised below. Here’s why brokers think these...

The Megaport Ltd (ASX: MP1) share price is slipping down the red slope today. This afternoon, the elastic network services provider’s shares are down 1.16% to $17.86. However, earlier they were down as much as 2.88%. Let’s take a look at...

With the markets nearing all time highs, we’re going to investigate whether there is value amongst the ASX’s most pricey companies using the Saasy Lynch Indicator. Peter Lynch of Fidelity’s Magellan Fund would be willing to pay high prices...

Today, the S&P/ASX 200 Index (ASX: XJO) finished slightly lower after paring earlier gains. The benchmark index moved 0.08% lower to 7,374.9 points. Weakness among the miners put a dent in the strong performance exhibited by tech, heal...

By Michael Gable In the past week, we have seen an interesting turnaround in share markets. Markets here and in the US have both managed to get back above their 50-day moving averages and there seems to be good support at these levels. This...

On 14th October 2021, Australian market ended on a positive note as robust buying was witnessed in the technology as well as academic and educational services sectors. Notably, ASX 20 and ASX 100 rose by 0.16% and 0.45%, respectively. Notab...

It was a mighty day for the WiseTech Global Ltd (ASX: WTC) share price today. Shares in the cloud-based logistics software company finished Thursday’s session as the third best performing share in the S&P/ASX 200 Index (ASX: XJO). At t...

Highlights As we edge close to the weekend, sinusoidal trends continue across global share markets. Investors now know US consumer prices stance, Aussie jobless rate, and China’s PPI. Today, ASX 200 traded in green for the first time...

Today, the S&P/ASX 200 Index (ASX: XJO) broke its losing streak with a green session. The benchmark index climbed 0.54% to 7,311.7 points. There was plenty of gains to be had across the top 200 on Thursday. Though, the most substantial...

The share market continued to put the September blues behind it, rising to its highest level of the month after employment data showed the hit from lockdowns may be lighter than economists anticipated. The S&P/ASX 200 finished 39 poi...

The benchmark ASX 200 index rebounded by 0.54% today, after a better than expected jobs data released by the ABS. The Australian unemployment rate inched higher to 4.6% in September from 4.5% in August, but was still lower than the economis...

The share market recouped three days of losses after September employment data met expectations and Wall Street shrugged off a flurry of risk events. The S&P/ASX 200 climbed 55 points or 0.76 per cent to its highest level of the mont...

Today, the S&P/ASX 200 Index (ASX: XJO) performed strongly across all sectors, aside from the energy sector. The benchmark index climbed 0.7% higher to 7,256.7 points. While energy shares were burdensome to the Aussie index today, the...

S&P/ASX 200 Index (ASX: XJO) tech shares scored a turnaround on Thursday after a very difficult past two weeks. The S&P/ASX All Technology Index (ASX: XTX) is up 72 points or 2.43%, bouncing off 2-month lows on Tuesday. The gains...

Megaport Virtual Edge (MVE) enables customers to modernise their connectivity, optimise network performance, and reduce provisioning time from months to minutes. BRISBANE, Australia, Sept. 29, 2021 /PRNewswire/ – Megaport Limited (ASX:...

The information technology sector was amongst the hardest hit on Tuesday. Rising US bond yields were likely responsible which resulted in losses from popular ASX tech shares like Megaport Ltd (ASX: MP1), Technology One Ltd (ASX: TNE), Appen...

Today didn’t start well, after a weak lead from Wall Street overnight. And the ASX 200 continued to lose ground into the close, finishing ~1.4% lower on the day. The catalyst for capital flows at the big end of town appeared to be what’s no...

Highlights Beach Energy shares gained 9% on raising production target. Origin Energy ticked up over 5% on additional investment in UK-based Octopus Energy. Whitehaven Coal shares hit record high amid a spurt in coal prices. NRW Holdi...

Highlights September is nearing its end and yet another earnings season is now firmly behind us. However, it’s still not late to lap up some of the best poised stocks. The stocks are expected to do well going forward as the economy re...

Highlights The ASX 200 declined 0.9% by mid-session on Tuesday. Eight of the 11 sectors were in the red, barring energy, utilities and financials. The energy sector emerged as the biggest gainer as crude oil prices rose for a fifth st...

The S&P/ASX 300 Index (ASX: XKO) is sliding on Tuesday, rubbing out yesterday’s 0.54% gain. During early-afternoon trade, the ASX 300 is down 0.90% to 7,319.6 points. This means that the index has dropped around 2.3% in the past month....

The S&P/ASX 200 Index (ASX: XJO) is slipping today, weighed down by the S&P/ASX 200 Information Technology Index (ASX: XIJ). At the time of writing, the ASX 200 is down 0.9%, having fallen 66 points. Meanwhile, the ASX 200 tech sec...

At lunch on Tuesday, the S&P/ASX 200 Index (ASX: XJO) is giving back yesterday’s gains and more. The benchmark index is currently down 0.8% to 7,323.4 points. Here’s what is happening on the ASX 200 today: Beach shares charge higher Th...