ASX:NHC

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ASX:NHC

New Hope hurt by decline in coal prices

19 Mar 2024 - As forecast, after a mixed first half production and pricing report, coal miner New Hope Corporation (ASX:NHC) suffered a 62.4 per cent drop in its first-half profit,…

Declining thermal coal returns in Queensland and NSW Hunter Valley confirmed

19 Feb 2024 - More confirmation of the sharp fall in returns from thermal coal mining and exports in Queensland, especially in the NSW Hunter Valley, emerged with New Hope Corp (AS…

New Hope keeps the fire burning with solid quarter

23 May 2023 - New Hope Corp (ASX:NHC), the Queensland and NSW thermal coal exporter, revealed an upbeat performance in April’s quarterly report and also surprised with news about i…

New Hope doubles profits as coal stays hot

22 Mar 2023 - New Hope Corporation (ASX:NHC), part of the Milner family’s Washington H Soul Pattinson investment group, confirmed the coal price boom extended to the end of January…

Coal space rolling on, rolling in it

24 Sep 2022 - No wonder Whitehaven Coal (ASX:WHC) shares touched record levels this week after it revealed another cornucopia of rewards from the coal price boom for shareholders t…

New Hope happy to share the wealth

21 Sep 2022 - New Hope Corp (ASX:NHC) has joined coal exporting rivals like Yancoal Australia and Whitehaven in confirming how it rode the spillover from Russia’s invasion of Ukrai…

ASX climbs for 2nd day, up 0.8% at noon, spurred by resources and tech stocks

08 Jul 2022 - The Australian sharemarket has started on an optimistic note, with gains building for a second day. Hopes that the Federal Reserve can navigate a soft landing has spu…

Energy surges on Monday's session: ASX closes 1.1% higher

04 Jul 2022 - The ASX had a strong start to the week after all sectors finished Monday’s session in positive territory. Energy led the pack, up 2.6%, followed by real estate, consu…

Property sector leads broad-based rally: ASX jumps 1.1% at noon

04 Jul 2022 - The Australian sharemarket has jumped this morning in a broad-rally led by property, then communication services, healthcare and utilities. At noon, the S&P/ASX 200 i…

Energy and miners drag ASX lower, down 0.6% over the week

01 Jul 2022 - The Australian sharemarket faded into the close, weighed down by US equity futures in a risk-off afternoon. The greenback rose against the Australian dollar, which h…

Mild gains as ASX starts new financial year, up 0.5% at noon

01 Jul 2022 - The Australian sharemarket has started the new financial year with a positive start after closing off its worst month since March 2020.

REITS, healthcare rally as iron ore miners retreat: ASX closes 0.3% higher

23 Jun 2022 - Australian shares closed higher for the 2nd time this week despite investors' angst growing around the prospect of a slowdown in economic growth.

S&P 500 snaps two-day rally, BHP, Bowen Coking Coal, MLG Oz, ANZ Bank on watch: ASX to rise

23 Jun 2022 - Global markets were almost in a sea of red as commodity prices weighed on the major indexes. What to look out for on the ASX today.

ASX retreats on renewed risk aversion, closes 0.2% lower

22 Jun 2022 - The morning rally fizzled out on choppy trade after an optimistic finish from Wall St. The ASX 200 saw a high of 0.5% before ending the session almost near session lo…

ASX's short-lived rebound sparked by renewed recession fears, down 0.3% at 1pm

22 Jun 2022 - The Australian sharemarket’s rebound was short-lived, turning lower after trading as high as 0.5%. US futures fell as the optimism from Wall St’s jump fizzled out.

Coal miners rebound after QLD unveils new coal royalties

22 Jun 2022 - A snapshot of the stocks on the move, featuring Bowen Coking Coal (ASX:BCB), Coronado Global Resources (ASX:CRN), New Hope Corporation (ASX:NHC) and TerraCom (ASX:TER…

ASX stages big rally fueled by RBA-relief, closes 1.4% higher

21 Jun 2022 - Australian shares snapped a 7-day losing streak led by resource and financial stocks amid the US futures pointing to a rise as Wall Street looks to resume trade after…

PointsBet jumps nearly 19%, energy & miners tumble: ASX closes 0.6% lower

20 Jun 2022 - The ASX remained in negative territory throughout the afternoon session as the resources sector continued to weigh. At the closing bell, the S&P/ASX 200 was 0.6% or 4…

Iron ore futures drill miners lower, Energy weighs: ASX down 0.8% at noon

20 Jun 2022 - The ASX has fallen mid-morning, weighed down by the resources sector as investors mull on the prospect of tighter financial conditions. S&P 500 contracts turned lower…

Nasdaq gains, QBE, Bubs, CSL, Whitehaven Coal, IGO on watch: ASX to open flat

07 Jun 2022 - Cautious rally on Wall St after investors initially piled back into stocks on optimism that Covid-19 restrictions continue to ease in China. What stocks to watch toda…

Coal, lithium miners extend rally, Healius hit hard, CapVest drops Virtus deal: ASX up 0.7% at noon

03 Jun 2022 - The Australian sharemarket jumped at the open, almost recovering all of yesterday’s losses in a broad-based rally. If the momentum continues, the ASX 200 is on track …

Coal to cool India?

03 Jun 2022 - An intense heatwave continues to sweep through India with people sweltering under the conditions. To combat soaring temperatures, coal is being used to meet the deman…

Nasdaq soars, Why a strong USD weighs on Microsoft, Calix, Crown, Macquarie on watch: ASX to jump

03 Jun 2022 - Wall St jumps as recession fears cool for now. Oil prices fell after Saudi Arabia flagged that they would hike output to make up the shortfall due to the EU's ban on …

Coal miners fall, Dip buyers snap up beaten tech: ASX taps 3-week high to close up 1.5%

30 May 2022 - The ASX 200 rose for a second successive day led by technology, materials and bank shares. At the closing bell, the index was 1.5% or 104 points higher at 7,287, its …

A2 Milk and Bubs jump, AGL scraps demerger, Tech bulls lead ASX up 0.9% at noon

30 May 2022 - Australian shares jumped to a 3-week high after a strong lead from Wall St. Every sector is rallying, bar utilities after AGL news. The optimism is led by technology …