The XJO is expected to open higher this morning following a strong rally in the U.S overnight and their slightly positive futures. We should break the recent consolidation range on open, pushing through 7,200. At time of writing, our expected open is near 7,270, which is just above where the key MAs have converged at
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Investing goes beyond analysing individual company data; it also involves staying informed about the broader macroeconomic factors and conditions that affect the investment landscape. Important economic indicators for Australian investors includes: (1) Interest Rates Interest rates affect the cost of borrowing money. When rates are low, consumers are more open to spend and take on
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Australian semiconductor company Archer Materials (ASX: AXE) is one step closer to the next generation of medical diagnostics through the successful manufacture of its graphene ‘lab-on-a-chip’ biochip in a commercial semiconductor foundry. Scaling the design and production of graphene chips to be used as biological sensors is a significant challenge to commercialising what could potentially
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Do you recall the days when getting a new SIM card was a crucial part of our travel adventures? It was a common sight to see travellers desperately searching for a SIM card kiosk upon arriving in a new country, all in an effort to stay connected without facing those dreaded roaming charges. However, in
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Department store chain Myer (ASX: MYR) has been in the business since 1900 and floated on the ASX in 2009. The Company has had a long journey, and in FY23 ending July 2023, the Company reported total sales of $3.36 billion, its highest since 2005. A milestone. The result includes the scale of its online
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Household cleaning products company Pental (ASX: PTL), the brand behind WhiteKing bleach and Jiffy firelighters, has decided to divest its Pental Consumer Products Business and manufacturing facility. Pental intends to sell its Consumer Products division (excluding Duracell and Bondi Soap) and the Shepparton manufacturing facility to Selleys, a division of chemical industry company DuluxGroup, for
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