Stock Specialist Capital Solutions

18/10/2023

Gold prices under pressure as dollar strengthens and Biden visits Israel.

Gold prices remain under pressure but near three-week highs amid renewed dollar strength. The US dollar strengthened against the basket of other currencies as retail sales increased more than expected in September as households spent more, suggesting the economy ended the third quarter on a strong note.

Better-than-expected retail sales that rose 0.7% in September fuel optimism of the FED hiking interest rates before year-end, which should fuel further dollar strength.

Gold looks set to remain under pressure near the 1930 an-ounce level as US President Joe Biden heads to Israel to try and quell tensions. The yellow metal had rallied by more than 2% last week as investors rushed to safe havens on concerns of immediate escalation in the Israel-Hamas war.

25/02/2022

https://www.stockspecialist.com.au/post/kogan-share-price-plunges

The Kogan share price has been hit again today following the release of their half-year results.

24/02/2022

https://www.stockspecialist.com.au/post/lovisa-bounces-on-results

Lovisa reported its results for the first half of FY22, showing robust growth across all operating metrics.

23/02/2022

https://www.stockspecialist.com.au/post/dominos-fails-to-deliver

Shares in Dominos Pizza shed 14% to a near one-year low on Wednesday, dropping to $86.13 to be trading around levels seen in March 2021.

22/02/2022

https://www.stockspecialist.com.au/post/hub24-reports-record-half

Shares in HUB24 jumped 5% on Tuesday after it announced its results for the first half of FY22. The financial services provider reported group underlying NPAT of $14.2 million, more than double the first half of FY21.

22/02/2022

https://www.stockspecialist.com.au/post/dicker-data-acquisition

Dickers Data shares jumped over 4% on Monday bucking the wider Technology slump after the IT distribution announced it would acquire the Security and Information Technology distribution division of Hills Limited in Australia.

19/02/2022

https://www.stockspecialist.com.au/post/inghams-impacted-by-omicron

Inghams Group slipped 5% on Friday after it announced its half-year financial results which had been significantly affected by Omicron.

19/02/2022

https://www.stockspecialist.com.au/post/qbe-profit-fails-to-impress

QBE shares slumped almost 9% on Friday despite reporting a material turnaround in underwriting profitability for FY21 versus last year.

17/02/2022

https://www.stockspecialist.com.au/post/tabcorp-boosted-by-lotteries

Investors sent the shares of Tabcorp 4% higher on Thursday, after the gambling giant said it achieved a record Lotteries result and despite significant Covid impacts on its other businesses.

16/02/2022

https://www.stockspecialist.com.au/post/csl-surge-boosts-asx-indexes

CSL boosted Aussie indexes on Wednesday after the healthcare giant rose 8.5% to close at a four-week high of $263.69, following the reporting of a $1.8 billion half-year profit.

15/02/2022

https://www.stockspecialist.com.au/post/seek-boosted-by-revenue

Seek shares bucked the wider market trend on Tuesday after releasing its half-year results for FY22, which saw the employment and education business grow revenue and margins, while accelerating investment.

14/02/2022

https://www.stockspecialist.com.au/post/beach-energy-surges

Beach Energy shares surged on Monday after it released its FY22 half-year results, in which a successful period of growth project ex*****on helped the company deliver solid growth in profits.