Articles On Zip Co (ASX:Z1P)

Mining and energy stocks lifted the ASX towards a third straight gain following overnight rebounds in crude oil and bulk metals. The S&P/ASX 200 rallied 29 points or 0.39 per cent by mid-session. The advance put the index on track fo...

At lunch on Friday, the S&P/ASX 200 Index (ASX: XJO) is on course to record a small gain. The benchmark index is currently up 0.2% to 7,267.4 points. Here’s what is happening on the ASX 200 today: Energy shares rise It has been a good...

Highlights The benchmark ASX 200 index rose 0.08% to 7,264.9 in the first 15 minutes of trading today. On Thursday, major Wall Street indices continued their rally from the previous day. The energy sector was the top gainer in the mor...

It was another strong day for the local market with the S&P/ASX 200 (ASX: XJO) gaining 1.1%, primarily due to a strong global lead. The Chinese Hang Seng continued its strong recovery, gaining close to 6% in a single session, further bo...

US Fed raises interest rates by 25 basis points for the first time since 2018 CBA analyst Joseph Capurso think US rates will finish with a 3-handle Possibility of two 50bp hikes this year as pace of tightening accelerates US interest rate...

On 17th March 2022, the equity market of Australia closed in green. On the same day, ASX Midcap50 rose by 1.48% and ASX 200 was up by 1.05%. ASX All Ordinaries moved up by 1.15% to 7,521.60. Data Source: ASX, Table Source: Copyright © 20...

The share market sealed its best two-day advance in six weeks as unemployment hit a 14-year low and Wall Street welcomed clarity on this year’s rates outlook.    The S&P/ASX 200 climbed 72 points or 1 per cent to its highest close si...

The S&P/ASX 200 Index (ASX: XJO) is benefitting from another strong performance here on the ASX this Thursday. At the time of writing, the ASX 200 is up a pleasing 1% at just under 7,250 points.  But let’s dig a little deeper into thes...

The All Ordinaries Index (ASX: XAO) is in a buoyant mood this Thursday. At the time of writing, the All Ords is up a very pleasing 1.2% at just over 7,500 points. But one ASX share is doing a whole lot better. That would be the Kogan.com L...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a strong gain for the second day in a row. At the time of writing, the benchmark index is up 1.45% to 7,279.8 points. Four ASX shares that are rising more than...

The share market flew to a one-month high after unemployment fell to its lowest since 2008 and the Federal Reserve said the US economy was strong enough to handle an aggressive series of rate rises. The S&P/ASX 200 rallied 101 points...

The Zip Co Ltd (ASX: Z1P) share price is giving shareholders a reason to smile at long last on Thursday. In afternoon trade, the buy now pay later (BNPL) provider’s shares are the best performers on the ASX 200 index. At the time of writin...

At lunch on Thursday, the S&P/ASX 200 Index (ASX: XJO) is on track to record another strong gain. The benchmark index is currently up 1.3% to 7,266.5 points. Here’s what is happening on the ASX 200 today: US Fed rate increase well-rece...

Highlights The benchmark ASX 200 index surged 1.16% to 7,258 in the first 15 minutes of trading. All major Wall Street indices closed sharply higher on Wednesday after the US Fed increased interest rate and further signalled more hikes...

The Block Inc CDI (ASX: SQ2) share price is going gangbusters today. At the time of writing, it’s up 10.87% at $158.45. It has been two weeks since the fintech’s shares were last (briefly) at this level. What’s going on with the Block shar...

It has been a great start to the day for the  S&P/ASX 200 Index (ASX: XJO) on Thursday. In morning trade, the benchmark index is up a massive 1.7% to 7,296.8 points. Why is the ASX 200 charging higher? The ASX 200 is charging higher to...

The Zip Co Ltd (ASX: Z1P) share price has been one of the worst performers on the ASX in 2022. Is it so cheap that it’s now a bargain? Zip is one of the larger global buy now, pay later players. Zip’s share price demise This year alone has...

Technology stocks and defensive sectors steered the ASX higher on Wednesday as energy and mining stocks shook off early weakness. The S&P/ASX 200 climbed 72 points or 1.01 per cent to 7169 by mid-session. The index hit its morning pe...

The Zip Co Ltd (ASX: Z1P) share price is heading in the right direction at long last on Wednesday. At the time of writing, the buy now pay later (BNPL) provider’s shares are up over 5% to $1.49. Why is the Zip share price rising? Today’s g...

World Overnight SPI Overnight 7138.00 + 41.00 0.58% S&P ASX 200 7097.40 – 52.00 – 0.73% S&P500 4262.45 + 89.34 2.14% Nasdaq Comp 12948.62 + 367.40 2.92% DJIA 33544.34 + 599.10 1.82% S&P500 VIX 29.83 – 1.94 – 6.11%...

It was another difficult day for the domestic market with the Nasdaq entering a bear market and Chinese technology continuing to sell off, putting further pressure on sentiment and the ASX’s position as a ‘risk on’ market. Ultimately the S&...

Local shares slipped 0.73% today as the Reserve Bank (RBA) warned the war in Ukraine could cause higher inflation and lower growth globally. In its minutes from the March 1st meeting, the RBA also warned of further disruptions to the global...

Mining stocks steered the ASX lower as Chinese Covid lockdowns and tentative optimism about Russia-Ukraine peace talks sapped recent gains in commodity prices.   The S&P/ASX 200 declined 52 points or 0.72 per cent. Bulk metals maj...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a disappointing decline. At the time of writing, the benchmark index is currently down 0.7% to 7,100.5 points. Four ASX shares that are falling more than most...

Aussie shares retreated as declines in commodity prices weighed on miners and energy producers. The S&P/ASX 200 eased 56 points or 0.79 per cent by mid-session. Gains in banks, industrials and property stocks were outweighed by sh...

The Zip Co Ltd (ASX: Z1P) share price is currently down 6% at the time of writing. This means the buy now, pay later (BNPL) player has hit another 52-week low. Zip has seen its shares decline by 66% since the start of 2022. It has fallen m...

We all know that 2022 hasn’t been the kindest year to ASX shares thus far. Even after today’s robust gains on the market, the S&P/ASX 200 Index (ASX: XJO) remains down 5.8% year to date. However, that’s nothing compared to the Xero Lim...

At lunch on Monday, the S&P/ASX 200 Index (ASX: XJO) is on course to start the week with a strong gain. The benchmark index is currently up 1.1% to 7,142.8 points. Here’s what is happening on the ASX 200 today: Elders shares jump The E...

By Greg Peel Taking Cover I suggested on Friday morning the local market would likely pull back in Friday’s session given no one wants to take risk home at such a time. Despite the futures suggesting a -38 point fall, the ASX200 opened up 2...

A volatile week ended with a loss as investors reassessed the risks of rising costs derailing the post-pandemic global rebound.   The S&P/ASX 200 fell 67 points or 0.94 per cent today. The decline sealed a weekly loss of 47 points or...

Highlights ZIP Co Limited traded in red after the company opened its AU$50 million share purchase plan (SPP) for eligible shareholders today.

Today Zip Co Ltd (ASX: Z1P) released its share purchase plan (SPP) to eligible shareholders to fund the merger of Sezzle Inc (ASX: SZL). Here’s why I would be avoiding it for now. Key details Before diving into the nitty-gritty of the SPP,...

The share market’s push for a third straight gain floundered as strength in mining stocks was outweighed by weakness across the wider market. A 21-point opening rally gave way to a mid-session loss of 58 points or 0.82 per cent on the S&...

Highlights The benchmark ASX 200 was trading 0.15% up at 7,141.2 in the first 10 minutes of trading. The consumer price index in the US surged to a 4-decade high of 7.9%. European Central Bank (ECB) sped up the end of its gigantic sti...

The Zip Co Ltd (ASX: Z1P) share price is on course to end the week in a positive fashion. In morning trade, the buy now pay later (BNPL) provider’s shares are up 2.5% to $1.75. This follows the opening of the company’s share purchase plan...

Zip Co (Z1P) opens a share purchase plan (SPP) to investors to raise $50 million Shareholders can subscribe for up to $30,000 worth of new shares for the lesser of $1.90 or a 2 per cent discount to Zip’s volume weighted average price The n...

Highlights The ASX 200 futures were trading 0.4% down at 7,101 by 7:05 AM AEDT on Friday. The US recorded a 7.9% jump in the consumer price index in February 2022. The Australian dollar was hovering around $0.7309, by 8:20 AM AEDT....

On Thursday, the S&P/ASX 200 Index (ASX: XJO) was a strong performer and stormed higher. The benchmark index rose 1.1% to 7,130.8 points. Will the market be able to build on this on Friday and end the week on a high? Here are five thin...

Today, the S&P/ASX 200 Index (ASX: XJO) caught the wave of optimism that flowed on from a stellar showing on US markets last night. At the end of the session, the benchmark index finished 1.1% higher at 7,130.8 points. The biggest con...

Local shares were up just over 1% today, following the rally in global equity markets overnight. Wall Street and UK stock markets surged strongly after Ukranian President Volodymyr Zelensky said he was open to compromise on some of Russia’s...

The share market logged its highest close in a week after a sharp retreat in commodity prices soothed concerns about inflation and global growth. The S&P/ASX 200 climbed 78 points or 1.1 per cent to 7130.8.   A “risk on” session s...

The Zip Co Ltd (ASX: Z1P) share price is taking flight on Thursday despite there being no announcements from the buy now, pay later (BNPL) company. In afternoon trade, shares in the instalment payment provider are up 8.3% to $1.765. So fa...

The S&P/ASX 200 Index (ASX: XJO) is having a pretty pleasing day of trading thus far this Thursday. At the time of writing, the ASX 200 is up a pleasant 1.45% and back over 7,100 points. But that is currently being put to shame by the...

Gains in banking and growth stocks lifted the ASX towards a second-straight gain after a cool-off in commodity prices inspired Wall Street’s best night in more than a year. The S&P/ASX 200 rallied 90 points or 1.27 per cent by mid-se...

The Sezzle Inc (ASX: SZL) share price is on fire today. Technology shares are in the green, and the company had a positive update for the market. The buy now, pay later (BNPL) share is currently trading at $1.58, a 7.85% gain. In comparis...

At lunch on Thursday, the S&P/ASX 200 Index (ASX: XJO) has followed the lead of US markets and is charging higher. The benchmark index is currently up 1% to 7,122.8 points. Here’s what is happening on the ASX 200 today: Rio Tinto share...

Sezzle (SZL) says it will cut its workforce in order to continue the business for long-term growth and establish a path toward profitability and free cash flow The cut results in the termination of approximately 20 per cent of staff in Nor...

The Sezzle Inc (ASX: SZL) share price has jumped 6% in response to a significant plan to cut costs. Sezzle is a sizeable buy now, pay later operator. It predominately operates in the US, though it’s expanding to various other regions. Sezzl...

A shift to defensive stocks cushioned the ASX against heavy selling on Wall Street as a commodities boom threatened to derail the post-pandemic global economic rebound.   The S&P/ASX 200 eased 11 points or 0.15 per cent. Energy st...

It has been another disappointing day for the Zip Co Ltd (ASX: Z1P) share price. Much to the delight of the short sellers targeting the buy now pay later (BNPL) provider, its shares have fallen a further 5% to a new 52-week low of $1.54. T...