ASX:GXY

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ASX:GXY

Is the Aussie share market now breaking higher?

25 Jan 2021 - Fairmont Equities Managing Director Michael Gable takes a technical look at the ASX200, Galaxy Resources, Iluka Resources and Webjet.

Can lithium stocks continue to rally?

30 Nov 2020 - Fairmont Equities Managing Director Michael Gable gives his verdict on whether lithium stocks can continue to rally and the notable stocks to watch in this upturn.

Global recovery hopes boost markets: ASX closes 0.6% higher

25 Nov 2020 - The ASX pulled back on some of its Covid losses and managed to close 0.6% higher. Shares in Whitehaven Coal (ASX:WHC) went up over 10% today. Zip Co (ASX:Z1P) shares …

Galaxy Resources (ASX:GXY) in $161 million capital raising

25 Nov 2020 - Galaxy Resources (ASX:GXY) is undertaking a $161 million capital raising to fund its Sal de Vida Stage 1 and pre-development activities to progress James Bay to a con…

Tech stocks lift market: Aus shares gain 2.5% over week

03 Jul 2020 - The Australian share market opened higher this morning following positive leads from offshore markets. It fell mid-session and tracked sideways for most of the aftern…

Heartbreaking job data drags market lower: Aus shares close 0.9% lower

18 Jun 2020 - The market sank at the open, was hit by job data that Prime Minister, Scott Morrison described as “heartbreaking”, and finished the day 0.9 per cent lower. Ship build…

US markets swing wildly, Dow soars: ASX poised to open higher

11 Mar 2020 - Following positive leads from US markets, the ASX looks set to open higher this morning. The Dow halved the losses it suffered on Monday. The promise of a fiscal stim…

Imugene Limited (ASX:IMU) completes OV acquisition: Aus shares 0.6% lower at noon

18 Nov 2019 - Australian share market dipped on open despite ‘constructive discussions’ regarding the phase-one China and US trade deal between negotiators. Imugene Limited (ASX:IM…

Pendal Group (ASX:PDL) tops best performers list: Aus shares flat at noon

06 Nov 2019 - The Australian share market opened lower despite positive leads from Wall Street and is now tracking flat at noon. Pendal Group (ASX:PDL) has topped the ASX best perf…

Beach Energy (ASX:BPT) makes new gas discovery: Aus shares close 0.02% higher

28 Oct 2019 - The ASX200 opened higher reverberating the positive movements on Wall Street and posted its 6th consecutive session of gains today, managing to scrape in 0.02% higher…

Gold Road Resources see a boost after releasing their quarterlies: ASX tracking 0.3% lower at noon

23 Oct 2019 - The ASX drifted lower following soft leads from Wall Street and is now tracking 0.3% lower at noon. Gold Road Resources (ASX:GOR) was a standout today after releasing…

City Chic (ASX:CCX) to buy Avenue Stores e-commerce assets: Aus shares down 3.1% over week

04 Oct 2019 - Despite a strong session today, over the week the market has lost 199 points or 3.1%. Plus sized retailer, City Chic Collective (ASX:CCX) has purchased the e-commerce…

Anti-hawking allegations against Commonwealth Bank (ASX:CBA) subsidiary: Aus shares 0.1% higher at noon

04 Oct 2019 - The S&P/ASX200 opened with a bang. Momentum faded into the middle of the session and it is tracking 0.1 per cent higher at noon. Shares in the Commonwealth Bank of A…

Service Stream (ASX:AWC) pens agreement with Optus: Aus shares 0.2% higher at noon

30 Sep 2019 - The S&P/ASX200 opened higher defying negative leads from US markets and is now tracking 0.2% higher at noon. Service Stream (ASX:SSM) has penned a wireless design and…

Information Technology sector bolsters market: ASX tracking 1.2% higher at noon

30 Aug 2019 - The ASX opened higher and continued to rise throughout the morning now tracking at 1.2% higher at noon. The market has been bolstered by the Information Technology se…

US/China trade talks to resume: ASX set to open higher

30 Aug 2019 - Optimism resumed on the markets as President Donald Trump announced that the US and China are scheduled to have a conversation about trade today. The Dow surged more …

ASX snaps four-day winning streak but gold shines bright: Aus shares close 0.3% lower

13 Aug 2019 - Argentina sell-off, Wall Street slip, 2016-year US bonds and HK protests cap gains. NAB Business Survey for July cites below average conditions and no signs of improv…

Shares in AGL drop, Utilities down: ASX closed 0.8% higher

08 Aug 2019 - After a dip at the open the ASX rose throughout the day closing 0.8% higher. Galaxy Resources (ASX:GXY) is trading over 10 per cent higher. Western Areas (ASX:WSA) is…

Rural Funds Group refutes Bonitas claims: ASX tracking 0.2% higher at noon

08 Aug 2019 - The ASX slipped back in the red today, after a muted session on Wall Street overnight. Tracking 0.2 per cent higher at noon. In terms of the sectors, utilities are do…

Speedcast shares down after Chairman's letter: ASX closes 0.5% higher

17 Jul 2019 - After opening in the red the local bourse managed to maintain momentum with the ASX closing 0.5%. Speedcast (ASX:SDA) shares are down after Chairman John Mackay noted…

Elders shares up over 15%: ASX tracking 0.5% higher at noon

17 Jul 2019 - The ASX dropped at the open following negative leads from Wall Street but managed to gain momentum and is now tracking 0.5% higher at noon. Elders (ASX:ELD) saw their…

RBA to cut rate by 0.25% by Nov says UBS, markets say Aug: Aus shares lose 0.2%

16 Jul 2019 - Rio Tinto (ASX:RIO) shares outperform BHP (ASX:BHP) YTD, despite Rio downgrading 2019 iron ore shipments on Cyclone Veronica. Galaxy Resources (ASX:GXY) record produc…

RBA signals another cut: Aus shares lacks direction, steady at noon

16 Jul 2019 - Aus shares break out of two-day down trend but now track steady at noon, 4pts lower. Material sector 17% higher on-year with iron ore price 2-week & 5-yr high. YTD Fo…

Galaxy flags record quarter of production results at Mt Cattlin

16 Jul 2019 - Galaxy Resources (ASX:GXY) has today revealed its reached record quarterly production of 56,460 dry metric tonnes (dmt) from its Mt Cattlin, topping its production gu…

Nearmap down despite record growth reports: ASX tracking 0.2% lower at noon

12 Jul 2019 - The ASX dropped at the open following mixed leads from Wall Street and is now tracking 0.2% lower at noon. Shares in Clinuvel (ASX:CUV) continue to decline as do aeri…