Finance with Michael Janda: Wednesday 4th June 2025
Duration: 12 minutes 15 seconds 12 m
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News.com.au
a day ago
- News.com.au
Top 10 at 11: ASX continues energetic climb to new highs
Morning, and welcome to Stockhead's Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading. With the market opening at 10am sharp eastern time, the data is taken at 10.15am in the east, once trading kicks off in earnest. In brief, this is what the market has been up to this morning. Building to new heights The market has kicked off Friday morning trade with plenty of pep in its step. The ASX 200 has already blown past yesterday's intraday record high, rising 0.3% or 26 points in the first half hour of trade to set a new record at 8900.6 points. It's been a broad market effort so far with 9 of 11 sectors higher. The Banks (+0.59%) and Resources (+0.53%) indices are also on the up. The utilities sector is once again making a strong showing, adding 1.16%, but energy is also moving higher (+0.87%) after oil prices rose 2% overnight. US President Trump threatened 'severe consequences' if his upcoming talks with Russian President Vladimir Putin fail to produce results. Analysts predict that this, plus expectations of an interest rate cut in the US next month, will increase oil demand. Brent lifted to US$66.84 a barrel overnight. Gold futures also slid 0.7% as higher-than-expected US inflation data lifted the US dollar and bond yields, settling around US$3383.20 an ounce. Spot gold is trading at US$3335.85 an ounce. SMALL CAP WINNERS Code Name Last % Change Volume Market Cap MGTRG Magnetite Mines 0.004 100% 126422 $81,705 C7A Clara Resources 0.004 33% 2027954 $1,764,813 JAY Jayride Group 0.004 33% 2504969 $4,283,667 MEM Memphasys Ltd 0.004 33% 275000 $5,950,794 PRM Prominence Energy 0.004 33% 127500 $1,459,411 SRN Surefire Rescs NL 0.002 33% 1000000 $5,635,289 GTE Great Western Exp. 0.015 25% 2371915 $6,813,095 ARV Artemis Resources 0.005 25% 377966 $11,462,689 MRD Mount Ridley Mines 0.005 25% 3640335 $3,113,956 EDE Eden Inv Ltd 0.05 24% 25769 $13,269,699 In the news... Great Western Exploration (ASX:GTE) has defined what it believes is a large volcanic hosted massive sulphide copper-gold system at Yerrida North project. GTE used a close-spaced ground gravity survey to vector in on the core of the system, which Great Western reckons is similar to the nearby Degrussa copper mine. Degrussa produced up to 300k tonnes of copper concentrate per year during its operation, which ran from 2012 to 2022. Mount Ridley Mines (ASX:MRD) has locked in binding commitments to raise a total of $830,388 in a share placement and rights issue at $0.002 per share, a 50% discount to the company's last trading price. MRD will put the funds toward a review of new mining opportunities and ongoing work programs on its Mount Ridley rare earths project and Weld Range iron ore project. SMALL CAP LAGGARDS Code Name Last % Change Volume Market Cap PET Phoslock Env Tec Ltd 0.015 -40% 5462815 $15,609,763 BIT Biotron Limited 0.003 -25% 700000 $5,308,983 1AD Adalta Limited 0.002 -20% 97826 $2,886,625 TZL TZ Limited 0.048 -17% 11673 $16,275,618 PIL Peppermint Inv Ltd 0.0025 -17% 1007370 $6,994,230 BEL Bentley Capital Ltd 0.011 -15% 190000 $989,663 CHM Chimeric Therapeutic 0.003 -14% 1100000 $11,390,956 MMR Mec Resources 0.006 -14% 4851150 $12,948,361 TYX Tyranna Res Ltd 0.003 -14% 100000 $11,697,542
7NEWS
a day ago
- 7NEWS
Beckham-approved Ninja woodfire oven famed for ‘delicious' pizzas slashed in price on Amazon Australia
With spring on the horizon, you wouldn't be alone if you're thinking of giving your outdoor area a bit of a spring clean ready for some warmer weather barbecues. And if you've been waiting to invest in a big ticket item to make your gatherings all the more festive, look no further than Amazon Australia. Right now, the website has slashed the price of a popular woodfire outdoor oven by Ninja that is beloved by the Beckham family by more than 20 per cent. The Ninja Woodfire Outdoor Oven 8-in-1 is currently down to just $545 from $699.99, but you will have to move quickly — as the deal is likely to prove popular with shoppers. The clever outdoor oven boasts 8-in-1 functionality that allows you to turn any space outdoors into an outdoor kitchen. With the oven, you can make pizza, roast, top heat, bake, smoke, dehydrate and keep warm any number of foods. While it is powered by electricity, the good news with the oven is that your food will be flavoured by real burning wood pelletts. Pizzas can be ready in as little as three minutes from five different settings including artisan, thin crust, New York, deep pan and calzone. Meanwhile, you can also char or caramelise anything you want in order to create a premium texture and flavour you wouldn't otherwise be able to get with an indoor oven. Those who have invested in the oven love that with the touch of a button, you can smoke low and slow tenderised BBQ foods to make real authentic smoky flavour. The oven has a wide array of temperatures from 25 degrees Celsius to 370 degrees Celsius. Shoppers have raved about the sellout gadget, describing it as 'incredible' and saying it makes 'delicious' pizzas. 'The best smoked brisket you will ever eat,' wrote one reviewer, adding that it makes for a fantastic present. 'If you don't have one of these what are you waiting for? GO BUY IT!' another added. A third said: ' Ninja have absolutely blown my tastebuds away. They have smashed getting an authentic smokey bbq flavour without any hassle. 'I was sceptical at first, but tried a couple of chicken legs and some burgers. The meat was cooked to perfection and the taste was fabulously authentic and smokey. Highly recommend.'
News.com.au
2 days ago
- News.com.au
Top 10 at 11: ASX bounces back; ATV launches network cloud product
Morning, and welcome to Stockhead's Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading. With the market opening at 10am sharp eastern time, the data is taken at 10.15am in the east, once trading kicks off in earnest. In brief, this is what the market has been up to this morning. ASX rebounds from CBA hangover The ASX is in fine form this morning, up a chipper 0.66% in the first hour after a dour day of profit taking yesterday. Big losses in Commonwealth Bank (ASX:CBA), AGL Energy (ASX:AGL) and some of our premier mining stocks drove the market lower on Wednesday, but we're seeing no signs of that today so far. Of our 11 sectors, nine are on the up and one is dead flat, with just telecommunications sliding (-1.39%). The utilities sector is striding powerfully in the other direction, up almost 4% with some solid foundational support from our Banks (+1.1%), Gold (+0.89%) and Tech (+1.05%) indices. As for commodities, oil prices slid again overnight to fall to a more than two-month low at US$65.63 a barrel of Brent, recovering only marginally this morning. Gold futures moved in the other direction, adding 0.3% to US$3408.30 an ounce, still hovering in a tight band between US$3300 and US$3450. Spot gold is trading at about US$3371 per ounce. Things are looking fairly quiet on the small cap movers front in terms of announcements today, perhaps a sign market fundamentals are driving growth just as much as company news this morning. SMALL CAP WINNERS Code Name Last % Change Volume Market Cap GGE Grand Gulf Energy 0.002 100% 800584 $2,820,425 BPP Babylon Pump & Power 0.007 40% 7620771 $19,034,455 MGTRG Magnetite Mines 0.007 40% 259119 $204,263 CR9 Corellares 0.004 33% 750000 $3,021,809 TYX Tyranna Res Ltd 0.004 33% 250000 $10,026,464 FRB Firebird Metals 0.18 29% 650077 $19,930,596 OD6 Od6Metalsltd 0.086 26% 6409968 $10,911,821 ATV Activeport Group Ltd 0.012 26% 9876084 $6,526,282 DTM Dart Mining NL 0.0025 25% 550000 $2,396,111 KNG Kingsland Minerals 0.175 21% 164868 $10,521,332 In the news... Activeport (ASX:ATV) has secured three private cloud hosts for its newly launched fibre-based network-as-a-service product, Private-Cloud Connect. Available from this month, the product is designed to offer high speed data communication ports, connecting branch offices to private cloud services hosted in colocation data centres. With demand for data centre capacity ramping up sharply alongside demand for AI applications, ATV is positioning itself to provide the network services necessary to support the emerging technologies. SMALL CAP LAGGARDS Code Name Last % Change Volume Market Cap HLX Helix Resources 0.001 -40% 5454451 $5,606,765 CZN Corazon Ltd 0.002 -33% 100500 $3,703,717 LMLR Lincoln Minerals 0.002 -33% 2642857 $937,101 SHP South Harz Potash 0.002 -33% 675 $4,415,170 AOA Ausmon Resorces 0.0015 -25% 270339 $2,622,427 ECT Env Clean Tech Ltd. 0.003 -25% 38353 $16,061,742 PKO Peako Limited 0.003 -25% 10500000 $5,950,968 SFG Seafarms Group Ltd 0.0015 -25% 8132 $9,673,198 1AD Adalta Limited 0.002 -20% 102173 $2,886,625 EMT Emetals Limited 0.005 -17% 120000 $5,100,000
