Latest Market Conditions News

APA Group has updated its dividend distribution details for the half-year ending June 2025, adjusting the NZD exchange rate and Dividend Reinvestment Plan share price, with payments scheduled for September.

Gibb River Diamonds has commenced grade control drilling at its Neta Prospect in Western Australia, moving closer to potential mining operations pending regulatory approval.

Merchant House International has completed the sale of its American Merchant, Inc. assets, generating significant profits and setting the stage for winding up operations and voluntary delisting from the ASX.

NOVONIX has entered a multi-tranche funding agreement with Yorkville Advisors to raise up to US$100 million through convertible debentures, supporting its Riverside facility build-out and commercial production ramp-up.

Karoon Energy reported a 25% jump in net revenue interest production for Q2 2025, driven by operational recovery and the Baúna FPSO acquisition. The company also advanced its Neon development with a significant resource upgrade.

Step One Clothing reports modest revenue growth for FY25 despite a dip in earnings before interest and tax, highlighting ongoing consumer caution and strategic marketing restraint.

Macquarie Group Limited reported a 5% increase in FY25 profit to A$3.715 billion, declaring a higher dividend and announcing a key CFO transition. The group also outlined a strategic divestment and cautious outlook for FY26.

Macquarie Group reported a decline in net profit contribution for the first quarter of FY26, driven by mixed performances across its divisions, while maintaining a robust capital surplus and announcing a key CFO transition.

OFX Group reports a robust start to FY26 with net operating income up 11.3% quarter-on-quarter, driven by its New Client Platform rollout and Enterprise segment growth, while announcing a new share buy-back program.

Coronado Global Resources delivered its strongest June quarter since 2019, with a 20% rise in production and significant cost reductions, setting the stage for a major production ramp-up in H2 2025.

Fortescue Metals Group delivered record iron ore shipments in FY25 alongside a rare cost decline, while recalibrating its green energy ambitions and maintaining a strong financial position.

Podium Minerals has significantly expanded its Parks Reef project with a new Copper-Gold Zone resource, increasing the basket price by 18% and completing a $2.6 million oversubscribed capital raise.