Articles On Polynovo (ASX:PNV)

In morning trade, the Appen Ltd (ASX: APX) share price has come under pressure again. At the time of writing, the artificial intelligence data services company’s shares are down 2.5% to $6.24. Why is the Appen share price falling? Investor...

Once a 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 levels can sometimes b...

On Friday, the S&P/ASX 200 Index (ASX: XJO) finished the week on a positive note. The benchmark index rose 0.8% to 7,238.8 points. Will the market be able to build on this on Monday? Here are five things to watch: ASX 200 expected to f...

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...

In a sea of red across the ASX today, the Polynovo Ltd (ASX: PNV) share price is faring no better. During early afternoon trade, the medical device company’s shares are swapping hands at $1.14, down 4.6%. This comes despite Polynovo announ...

Healthcare and tech led a sharp retreat on the share market after inflation and recession worries dragged Wall Street lower. The S&P/ASX 200 fell 73 points or 1 per cent by the halfway mark. The decline pulled the benchmark back unde...

May. Let’s start with US markets. Because May in the US started with the Dow making its biggest gain since 2020, followed within 24 hours by its biggest loss in 2022, perfectly summing up what kind of month May was to become. The US Fed rai...

The S&P/ASX 200 Index (ASX: XJO) was well and truly out of form in May. Over the month, the benchmark index fell a disappointing 3% to 7,229 points. Fortunately, some shares were able to defy the selloff and storm higher. Here’s why th...

The S&P/ASX 200 Index (ASX: XJO) is on course to end the month in the red. In afternoon trade, the benchmark index is down 0.7% to 7,237.5 points. Four ASX shares that are falling more than most today are listed below. Here’s why they...

Once a 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 levels can sometimes b...

Highlights Strong handover from Wall Street boosted investors’ sentiment on Friday The benchmark ASX 200 index gained over 1% in the first one hour of trading All 11 sectors were trading in the green today The Australian share mar...

In Short & Caught, Stockhead recaps the ASX stocks that are the most shorted and have had the greatest increase in short interest right now.   How does shorting work? Shorting works by selling stocks you do not actually own in the hope...

Highlights ASX 200 closed today’s trade merely 3.30 points up at 7,148.90 points. Materials supported gains against the pulldown from financials and utilities. Incitec Pivot, Imugene, and Elders were some newsmakers of the day. St...

ShareCafeEvening Report: 23 May, 2022 by Melissa Darmawan   The Aussie sharemarket lost steam from midday and eked out a gain after hearing that Beijing reported a record number of Covid-19 cases, renewing concerns the capital may face anot...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a small decline. At the time of writing, the benchmark index is down 0.1% to 7,140.6 points. Four ASX shares that are falling more than most today are listed b...

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...

Once a 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 levels can sometimes b...

ShareCafeEvening Report: 19 May, 2022 by Melissa Darmawan   More pain for investors as a wave of selling on recession and inflation fears exacerbated by profit misses from retail giants Target and Walmart hit US markets, with the S&P/AS...

Highlights ASX 200 closed 1.6% lower in a session marked by sharp declines for consumer-facing companies. The decline tailed a drop in US shares that wiped 4% from the S&P 500 index of blue chips, the worst day in approximately two...

Blue-chip retailers suffered bruising losses after a corporate profit scare pushed the ASX sharply lower. Bunnings owner Wesfarmers, Woolworths and Coles spearheaded falls as the S&P/ASX 200 slumped 118 points or 1.65 per cent. Th...

In a sea of red across the ASX today, the Polynovo Ltd (ASX: PNV) share price is hovering in positive territory. During the first hour of trade, the medical device company’s shares soared to an intraday high of $1.34. However, they have re...

ShareCafeLunch Report: 19 May, 2022 by Melissa Darmawan   Consumer staples and discretionary stocks are leading the dive on the Australian sharemarket, shrugging off the improved labour market and giving back three days of gains. Bunnings a...

The share market gave up almost three days of gains after renewed inflation worries triggered Wall Street’s worst sell-off since 2020. The S&P/ASX 200 tumbled 102 points or 1.42 per cent by mid-session. Ten of 11 sectors declined....

The S&P/ASX 200 Index (ASX: XJO) has followed Wall Street’s lead and is storming higher. In afternoon trade, the benchmark index is up 0.8% to 7,168.5 points. Four ASX shares that have failed to follow the market higher today are liste...

Highlights Step One Clothing has lowered FY22 expected proforma EBITDA from its previous guidance. The online, direct-to-consumer innerwear brand did not meet the expected US and UK revenue growth. Higher-than-expected costs are among...

Highlights ASX 200 closed up, gaining 17.90 points or 0.25% to 7,093.00. China’s decision to lock down major cities amid worries about Covid-19 resurgence could strain supply chains; Russia’s invasion of Ukraine continues to raise ener...

Once a 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 levels can sometimes b...

The Polynovo Ltd (ASX: PNV) share price rocketed as high as 8.65% during market open but has since fallen wayside. At the time of writing, the medical device company’s shares are swapping hands at $1.32, up 1.54%. This follows the All Ordi...

Highlights The ASX Small Ordinaries index continued its gains from Friday, rallying 1.5% to 3,051.1 by 12:30 PM AEST. CZL, IFM and GAL are three ASX penny stocks that are catching investors’ attention today. Investors must understand...

Highlights The ASX 200 index was trading 0.78% higher at 7,130.3 in the first 10 minutes of trading. Global equity markets ended higher on Friday with frontline indices on Wall Street rallying to end a volatile week. The industrial se...

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...

The S&P/ASX 200 (ASX: XJO) finished the week on a high note, gaining 1.9% on the back of an incredible surge in the technology sector. The mid-session turnaround in the Nasdaq pushed the ASX technology sector to a 6.9% gain after US-lis...

Australian shares rebounded strongly this session but could not avert a fourth straight weekly decline as financial markets continued to factor in the risk of a global slowdown as rates rise and China pursues zero-Covid. An end-of-week r...

M&A activity remains strong in health sector despite falling markets Polynovo shares defy bearish market surging ~28% in past five days Audeara reports it is continuing to see a rebound to more normal trading conditions Healthcare and...

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....

The share market logged its weakest close since January as the tech sector slumped to a two-year low and the dollar fell below 69 US cents. Borrowing-dependent growth stocks bore the brunt as the S&P/ASX 200 tumbled 124 points or 1.7...

Shares in Polynovo Ltd (ASX: PNV) were 7% higher in early trading today but have since resettled at $1.16, up 2.67% despite no market-sensitive information being released by the medical device company today. Polynovo shares have risen fro...

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...

Firefinch directors selldown stock in gold miner and lithium developer Cloud communications provider Comms Group chief increases his stake  Polynovo directors bet big against the short sellers  Fears of a global economic slowdown have eq...

Highlights In a volatile trading session, ASX 200 recovered from its morning dip to close higher for the first time this week, up 0.2% to 7064.7. Big miners rebounded strongly, health care and property sectors closed strongly higher....

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...

World Overnight SPI Overnight 7014.00 – 8.00 – 0.11% S&P ASX 200 7051.20 – 69.50 – 0.98% S&P500 4001.05 + 9.81 0.25% Nasdaq Comp 11737.67 + 114.42 0.98% DJIA 32160.74 – 84.96 – 0.26% S&P500 VIX 32.99 – 1.76 – 5.06%...

Highlights ASX 200 trimmed some of its early losses but still finished the day down 1% to 7.051.2. Australian retail sales rose an inflation-adjusted 1.2% from the previous quarter, as per Australian Bureau of Statistics (ABS). Invest...

XEC falls on Tuesday XJO closes 1.2% lower Carbon Revolution (ASX:CBR) gets Gov backing, shares pop   Another tense morning of selling on the ASX200 has eased off in afternoon trade, although the small cap index will be leaving the barbe...

The share market slumped to a 15-week low before partially recovering as rising US futures sharpened hopes of a relief rally tonight. The S&P/ASX 200 finished 69.5 points or 0.98 per cent in the red at 7051 after trading as low as 69...

The Polynovo Ltd (ASX: PNV) share price is taking off on Tuesday despite the broader market’s downturn. At the time of writing, the Polynovo share price is $1.09, 17.2% higher than its previous close. Additionally, the medical device compa...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record another disappointing decline. At the time of writing, the benchmark index is down 1.4% to 7,019.4 points. Four ASX shares that are not letting that hold them...

Fears of a global slowdown helped drive the share market to its lowest since January before a partial mid-morning recovery.   The S&P/ASX 200 dropped more than 2.5 per cent in early action before buyers stepped in. By mid-session the...

Highlights The ASIC releases short position reports of companies listed on the ASX on a daily basis. It helps investors to track short interest levels of various stocks. If a short interest level of a stock is high, the comp...