Articles On Codan (ASX:CDA)

ShareCafeLunch Report: 23 May, 2022 by Melissa Darmawan   Australian stocks extend their relief-rally, following Anthony Albanese sworn in as Australia’s 31st prime minister. Nationals voted in a new government that has earmarked climate ch...

The ASX200 is up 0.2 per cent at midday, with mining stocks gaining and Codan and Elders posting strong gains on earnings updates.

At lunch on Monday, the S&P/ASX 200 Index (ASX: XJO) has started the week on a mildly positive note. The benchmark index is currently up 0.15% to 7,156.8 points. Here’s what is happening on the ASX 200 today: Elders’ half-year results...

23 May 2022 - Codan (ASX:CDA) still expects record FY22 profit despite warning that the timing of project sales or challenges in supply chains could still impact revenues and profi…

The Codan Limited (ASX: CDA) share price has started the week strongly. In morning trade, the metal detector focused technology company’s shares are up 10% to $7.41. Why is the Codan share price rising? The catalyst for the rise in the Cod...

A surge in US futures lifts Australian shares. Iron ore climbs, Incitec fertiliser plan, Star new chair and acting CEO and Elders hikes dividend after profit jump.

ASX 200 gains for third day in a row RBA meeting minutes released, revealing the thought process behind the 25bp hike in May US Fedspeak ahead Sentiment turns bullish Local blue chips made gains for the third consecutive day, with the be...

Miners and energy producers steered the share market to a third straight advance after Chinese progress against Covid outbreaks boosted commodity prices. The S&P/ASX 200 rallied 19.5 points or 0.27 per cent. The Australian benchmark...

Blue chips pare gains after downbeat Chinese economic data Industrial sector jumps after speculation about a takeover attempt of Brambles Bitcoin and the crypto market have stabilised   Asian markets reacted negatively to China’s latest e...

The Zip Co Ltd (ASX: ZIP) share price followed the broader market up this morning before plummeting upon its fumble this afternoon. The buy now, pay later giant’s stock surged 5.55% earlier today, reaching an intraday high of $1.05. Sadly,...

ASX 200 fell below 7,000 before trimming its losses All 11 ASX sectors fell Aussie dollar sinks to a two year low   The ASX 200 briefly dipped below the 7,000 level earlier this morning, hitting a three-month low before bouncing back to c...

The share market shed 100 points after Wall Street’s worst session since 2020 ensured the new month got off to a rocky start. Tech and property stocks spearheaded losses as the S&P/ASX 200 fell 101 points or 1.36 per cent by mid-sess...

Highlights Dividends are paid to shareholders regularly by well-established companies in the form of interim or final dividends. It can be paid out in the form of cash or additional stock. Some tech companies like Ambertech, and CPT G...

Highlights Elon Musk has revealed a 9.2% stake in social media giant Twitter Dividend paying high-growth tech stocks are difficult to find as most of these companies prefer to retain their profits for further expansion. Investors shou...

Many Aussies are feeling the sting of inflation through the increased cost of living. So, it may not be a surprise that ASX dividend shares have come back into the spotlight as investors attempt to add to their income. Unlike the US marke...

Aussie unemployment rate is at 4%, lowest in 14 years ASX up 1% for the second consecutive day Tech index is up 3% for the second consecutive day   Local shares were up 1%, driven by the rally on Wall Street overnight and a jobless rate t...

After a sustained period of selling, ASX tech shares are beginning to give their tested shareholders some hope. This follows a flood of green across technology stocks on Wall Street last night, leading to the biggest percentage gain in a...

Monday proved to be a rough day for many listed companies, with the S&P/ASX 200 Index (ASX: XJO) sliding 1.17%. Unfortunately, the downturn sent some stocks crashing to the lowest they’d been in at least a year. Here are 5 ASX 200 sh...

Russia’s invasion of Ukraine has drawn condemnation from much of the world, but the fighting could present defence companies with opportunities to showcase their ability to provide much-needed support. One such company is ~$73 million defen...

Ongoing clashes in the Ukraine and the West’s response to Russia continue to drive market sentiment. After a big rally in the US on Friday where we saw S&P 500 rising by 2%, Australian shares closed by 0.44% higher today. Investors are...

Local stocks performed admirably on Friday considering a trans-national conflict is in full swing, but the big end of town was outperformed by small caps as the ASX 200 closed flat. Across the large cap sectors, there were still a lot of in...

The share market closed out its worst week since 2020 with a modest rebound as fighting in Ukraine and weak US futures capped risk appetite. An early relief rally mostly petered out as investors awaited evidence the worst of the Ukraine...

A massive overnight reversal on Wall Street and a strong trading update from Afterpay’s US parent company helped the share market pare its losses for the week. The S&P/ASX 200 rallied 16 points or 0.23 per cent as bargain-hunters too...

The share market tumbled 3 per cent to its heaviest loss of the year after Russian troops attacked Ukraine. Oil and gold spiked after explosions were reported in major Ukrainian cities, including the capital, Kiev. Dow futures slumped 62...

The share market slumped 2.5 per cent towards its second-heaviest loss of the year after the Dow closed on the edge of a correction overnight. The S&P/ASX 200 dived 182 points or 2.52 per cent by mid-session. A final loss on that sca...

Local shares swung into positive territory following news that French President Macron had brokered a last ditch deal for Putin and Biden to meet on the Ukraine issue. At around 12.15pm AEDT, French media reported that Putin and Biden will...

An additional news report on the recommendation, valuation, forecast and opinion changes for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Au...

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((BLX)) - Beacon Lighting ((CGF)) - Challenger ((CQE)) - Charter Hall Social Infrastructure REIT ((CWY)) - Cleanaway Waste Management ((CDA)) - Codan ((CWN)) - Crown Resor...

Local shares fought back in afternoon trading to close by just 0.7% lower, after being down by 1% in morning session. For the week, the ASX 200 was up 0.35%. Investor sentiment was negative throughout the day, amid fears the Russian invasio...

Australian stocks hit a four-week high before shedding most of their gains after Russian state media accused Ukraine of firing mortar shells at pro-Russian separatists. The unconfirmed report triggered a late-afternoon pullback in the do...

ASX 200-listed Codan (CDA) has announces its highest-ever half-year profit and a 32 per cent increase in sales in the six months to the end of December 2021 Group sales revenue came in just shy of $257 million for the half-year, driving a...

Highlights The ASX 200 surged 0.61% to 7,316.7 in the first 15 minutes of trade. Gold prices rose on Wednesday after NATO and the US stated that Russia was deploying more troops near Ukraine border. The IT space has tumbled 2.13% so f...

Australian shares advanced as strong earnings from blue chip companies helped the market overcome soft overnight leads.   The S&P/ASX 200 rallied 50 points or 0.69 per cent during the busiest session yet of the domestic interim repor...

The Codan Limited (ASX: CDA) share price is struggling today and is now 3.62% in the red at $8.53. It’s been a rollercoaster day for the ASX tech share, which jumped out of the blocks to $9.05, before slumping as low as $8.21 — a 7% fall...

Shares in Codan Limited (ASX: CDA) opened poorly on Friday and now trade less than 2% down at $8.99 apiece. Codan shareholders have been walking on a saw’s edge these past 3 months with shares descending from highs of $10.44 in November t...

Local shares were up 1.17% today as investors digested live comments from RBA’s governor Dr. Philip Lowe, who was speaking at the National Press Club. Australia’s central bank boss hinted that he might start raising rates in 2023, consisten...

The share market extended its rebound from an eight-month low, retaining its gains after the Reserve Bank opened the door to rate increases this year.   The S&P/ASX 200 climbed 82 points or 1.17 per cent to its strongest close in a w...

Australian shares climbed to a one-week high as Wall Street’s best three-session rally since November 2020 sharpened hopes the worst of the January market rout had passed. The S&P/ASX 200 rallied 85 points or 1.22 per cent towards it...

Key points ASX 200 tech shares were among the top performing stocks on the index today It comes as Block officially takes over Afterpay and the Nasdaq Index dodged recording its worst January ever Among the leaders were the share prices o...

The share market advanced after the Reserve Bank ended its bond-buying program but doused any prospect of official rates rising in the “near term”. The S&P/ASX 200 rallied 34 points or 0.5 per cent. The market briefly doubled its gai...

The share market firmed ahead of this afternoon’s RBA rate update as the tech sector extended its recovery from last week’s 16-month low. The S&P/ASX 200 advanced 17 points or 0.24 per cent by mid-session. Gains in I.T. companies,...

We’ve all gone a little bit crackers on Friday – or as the Kiwi’s like to say in French – un peu fou de fafa. Trading volumes – unless I’m drunk – are about double what they usually are. Wait… 95% above the 20-day moving average. It’s a lot...

The share market firmed towards its first rise in a week after briefly erasing a 128-point rally. A roller coaster session saw the S&P/ASX 200 surge in opening trade, give it all back then rise once more to a mid-session gain of 107...

Highlights Australian shares plunged into a correction today, with the benchmark index dropping 123.3 points to 6838.3. The ASX 200 is down over 10% from its August highs. Fed Chair Jerome Powell has signaled a March lift-off for inte...

The ASX is all wrong on Thursday. The benchmark index fell almost 3% by lunch. It entered official, technical correction territory at about 1pm Sydney time, making it 11% worth of all wrong since its August highs, those many years ago. Tech...

The share market fell into a correction, declining for a fourth session as global markets continued to adjust to the prospect of higher borrowing costs and the withdrawal of central bank stimulus. The S&P/ASX 200 dipped below 6800 fo...

Highlights ASX 200 reversed its earlier gains and entered into a correction mode on Thursday. The index has lost over 6.5% in the last five days. While the ASX All Ordinaries index was down 1.78%, the A-VIX shot up by over 2...

A fleeting opening recovery gave way to further selling as the share market’s torrid start to 2022 continued. The S&P/ASX 200 rallied more than 1 per cent in early action before the rot set in. By mid-session the index had fallen 162...

Highlights After opening on a strong note, the ASX 200 soon slipped back in the red territory. While the ASX All Ordinaries index was down 0.61%, the A-VIX shot up by 6.34%. Seven of 11 sectors are trading in the red so far today....

With global markets pulling back sharply over recent days, it was pleasing to see the positive trading update by Codan Limited (ASX:CDA).  The company – which makes communications, metal detection and mining technology – has been a signific...