Evening Wrap: ASX 200 relief rally powered by big miners, banks, but Mid-East peace prospects sink WDS and STO
The S&P/ASX 200 closed 80.6 points higher, up 0.95%.
Tue 24 Jun 25, 5:56pm (AEST)
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The S&P/ASX 200 closed 80.6 points higher, up 0.95%.
Citi cut its lithium price outlook by 15-20% over the next three years and remains cautious on gold and iron ore.
Macquarie downgraded Lynas to "Underperform" as the current share price implies rare earth prices above US$95/kg vs. current US$63/kg.
The big fund managers keep telling us Commonwealth Bank (CBA) is overvalued, yet it keeps going up. So, is it a buy, hold or sell right now?
Key executives from Generation Development and REA Group offloaded shares, while Dicker Data and IDP Education insiders bought the dip.
Short interest in Pilbara Minerals hit a five-month high amid renewed pessimism towards the lithium sector.
A defensive tone dominated this week's 52-week highs list, with names like Austral, Brambles and Transurban scoring fresh yearly highs.
Morgan Stanley expects these three high-flying ASX 200 growth stocks to continue expanding into new markets to deliver long-term value.
Sprott announced it will purchase up to US$200m in physical uranium, a move that could help reignite bullish sentiment across the sector.
Historical data shows the ASX 200 has gained an average 13.2% in the year following major geopolitical events. Here's what you need to know.
Your daily dose of the most interesting uptrends and downtrends on the ASX with technical analysis from an expert.
Your daily dose of the most interesting uptrends and downtrends on the ASX with technical analysis from an expert.
Dalrymple Bay shares fell 6% after Brookfield sold its 23% stake in the company. But its fundamentals and dividends remain as clear as ever.
Equal-weight ETFs like MVW provide better diversification by giving every stock the same weighting rather than favouring the largest stocks.
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