The XJO is expected to open lower this morning. This follows a fairly flat night in the U.S, however their futures have moved well into the red this morning which will likely weigh on our market today. Yesterday was in step with the indecisive and low volatility environment we have been trading in for the
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Amidst the challenging economic landscape of Australia’s cost-of-living crisis, eCommerce company Harris Technology (ASX: HT8) has emerged as one of the consumer friendly retailers offering low-cost alternative tech products that have proven immensely popular amongst cash-strapped households. As economic pressure tightened the purse strings of these households, customers have shunned discretionary retail in droves, a
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Since undertaking its first major leadership change since listing on the ASX, digital payments company Novatti Group (ASX: NOV) has reported encouraging results, six months into a business transformation that has streamlined the previously fragmented fintech. For the Half Year ended 31 December 2023, Novatti generated $21.4 million in sales revenue which represented a 12.1%
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Sydney-based MedTech company Next Science (ASX: NXS) has reported a bumper result with its annual sales, reaching $33.7 million, a 90% increase compared to the previous year. This surge is primarily attributed to the expansion in the Wound Care and Surgical segments, driven by a strategic focus on direct sales and the successful implementation of
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Amid Australia’s housing crisis, people’s ambitious plans to set up and expand their businesses have anything but halted. Thanks to the anticipated demand from the post-pandemic population growth, construction and building companies like Fleetwood (ASX: FWD) are winning big. In H1 FY24, Fleetwood recorded a net profit after tax (NPAT) of $3.9 million following an
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The XJO is expected to edge higher on open this morning following a small intraday recovery from the U.S overnight which saw their market finish marginally in the green. Their futures are flat. Our market continues to trade at the point of the pennant pattern. Yesterday we rebounded off the underlying uptrend line and managed
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