Market News

By Tuan Luu, Portfolio Manager, IML There are many different ways of making money in the stock market, but at IML the one thing we’ve found most consistently generates winners is significant moments of change. When a company, an industry, or society goes through a major change then this creates opportunities for investment. The trick is […]

By Tim Wood, Portfolio Manager and Head of ESG, IML Both financial advisors and investors have told me that they don’t like to see companies spending money on ESG. Many see it as window dressing: fluffy stuff. It’s true that this can be the case, companies can waste lots of money on things that don’t really make

Matthew Strotton, Executive Director of Real Asset Management, provides an update on the RAM Essential Services Property Fund (ASX:REP). Peter Milios: Today we are talking with RAM Essential Services Property Fund, which has a market cap of $373 million. RAM is an Australian real estate investment trust or REIT, and invests in high-quality Australian medical and

Currently, the S&P/ASX 200 is 0.87 per cent higher at 7,273.10, supported by gains overseas after data showed the US labour market is cooling. The SPI futures are pointing to a rise of 71 points. Best and worst performers The best-performing sector is Industrials, up 1.52 per cent. The worst-performing sector is Consumer Discretionary, down

Arrow Minerals (ASX:AMD) secures rights to earn a 100% interest in the Simandou North Iron Project through a staged earn-in. In response, Managing Director, Hugh Bresser comments, “[This] enables us to advance our exploration activities and development plans with security and confidence.” Shares are trading 20 per cent higher at 0.3 cents. Tamboran Resources (ASX:TBN)

Best Buy’s latest quarterly performance was touted as exceeding Wall Street’s expectations, yet closer examination reveals a considerable weakness in both headline figures and same-store sales. The consumer electronics giant experienced a decline in both sales and profits during the three months leading up to June 29, indicating a continued consumer pullback in spending on

Bitcoin has experienced a noteworthy upswing, marking a surge of over 7% and effectively crossing its 200-day simple moving average. The driving force behind this ascent is attributed to a significant legal breakthrough achieved by Grayscale Investments. This event has not only influenced Bitcoin’s market value but has also sparked discussions about potential ramifications for

Chalice Mining (ASX:CHN) has achieved a significant milestone in its Gonneville mining project located in Western Australia, as the initial Scoping Study presents promising outcomes for the prospect and future mining endeavors. The recently released Scoping Study outlines two potential mine sizes for the project, which aims to extract platinum group elements, nickel, and other

The Nasdaq Composite climbed more than 1 per cent Tuesday, as investors flocked back to tech stocks in the final days of what’s been a difficult August for the market. The tech-heavy index gained 1.74 per cent to close at 13,943.76. The S&P 500 climbed 1.45 per cent to close at 4,497.63 — its best

Mineral Resources (ASX:MIN) witnessed a 7% upsurge in the value of its shares yesterday, attributed to a substantial dividend increase that counterbalanced a write-down in the valuation of select iron ore assets. The company reported a write-down that impacted its net profit after tax, while robust earnings from other segments, particularly lithium, contributed to buoyant