Australia’s biggest stocks have touched a new record mid-trading day high, following a positive overnight lead from Wall Street and signals of more interest rate cuts.
The mining giant has a bullish view on Chinese steel demand and is tipping a strong finish to the year in the Pilbara as it stays in the race to meet its full-year shipments goal.
Historic moves higher in the gold and silver price have fed a new frenzy sending gold stocks doubling or tripling in 2025 as investors eye more capital gains.
Guzman y Gomez has launched a $100 million buyback to support its ongoing global restaurant rollout, while reporting a near-19 per cent jump in sales for the September quarter.
The gold price has surged past $US4000 an ounce for the first time, extending a rally that has lifted prices close to 50 per cent since the start of the year.
ASX Ltd is facing tougher competition for listings after the corporate regulator opened the field up to a rival operator, adding to the pressure on Australia’s dominant share trading platform.
More than one-in-five aspiring homebuyers in one State expect to make their purchase during the next 12 months as incentives spark a national property scramble.