The XJO is expected to open lower this morning following both a similar move from the U.S last night and their negative futures this morning. Yesterday we held 7,470 once again to finish on 7,450. These levels are roughly proving to be the new resistance for our market. There is a short-term decelerated uptrend line
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Fresh off reporting final interim data from their Phase 2 clinical trials for PXS-5505 to treat myelofibrosis, biotech company Pharmaxis (ASX: PXS) has quickly jumped forward in the commercialisation process having been cleared by the US Food and Drug Administration (FDA) to commence a combination arm of the trial. The clearance of the amended trial
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In 2021, locals reported spotting a Yowie—a mythical Bigfoot-esque creature—in Queensland. Whether the hairy creature is real is uncertain, but what’s very real and tangible is confectionary company Yowie’s (ASX: YOW) ASX comeback with a massive portfolio. To begin with, Yowie has secured a sweet deal with the Australian Football League. As part of the
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Micro-investing app Raiz (ASX: RZI), which encourages users to invest small amounts regularly, is launching a new product feature—Raiz Plus. Raiz Custom portfolios will now be known as Raiz Plus portfolios, providing customers with the ability to add individual ASX stocks to portfolios for a bespoke investing experience. This lets users build fully personalised portfolios
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Diversified industrial hemp company Ecofibre’s (ASX: EOF) speciality manufacturing division, Hemp Black, has locked in a three-year supply relationship with global athletic apparel company Under Armour. The arrangement will involve the supply of a specialty yarn for apparel use. At full production, the Company expects to generate $9 million in annual revenue. The equipment commissioning
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The XJO is expected to edge higher on open this morning following a similar move from the U.S last night and their flat futures this morning. The past couple of sessions have shown our market being indecisive yet volatile as we track sideward at the top of the range. We are currently using the previous
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