Westgold Expansion Boosts Growth Case for WGX
Westgold Resources (ASX: WGX) rose just 3.2% to A$6.45 on Tuesday after its board approved a Final Investment Decision to expand its Higginsville Processing Hub in Western Australia at a cost of A$145 million. For a decision of this scale, the reaction was quiet. With gold prices hovering…
ASX Bounce Looks Fragile Despite Trump's Iran Remarks
The ASX 200 climbed 1.1% to close at 8,692.6 on Tuesday after US President Donald Trump told CBS News he believed the Iran conflict was "very complete, pretty much," sparking a wave of relief buying across the broader market. The big four banks led the charge, each…
Beach Energy Rises on Moomba Deal- Is It a Buy Now?
Beach Energy (ASX: BPT) spiked as much as 5% at Tuesday's open before pulling back to close up 1.3% at A$1.16, after the company announced a final investment decision on the A$250 million Moomba Central Optimisation project alongside joint venture partner Santos. The upgrade…
Dyno Nobel Sinks After Phosphate Hill Sale
Dyno Nobel (ASX: DNL) fell 9.73% on Monday after confirming the sale of its Phosphate Hill fertiliser operation to Mayfair Australia Corporation for just A$1, alongside a A$125.9 million rehabilitation contribution. On the surface, that sounds like a terrible deal. In practice, it is the final step in…
Pro Medicus Dips Despite Strong Renewals
Pro Medicus (ASX: PME) slipped around 1% on Monday despite announcing approximately A$40m in US contract renewals, including an expanded deal with MedStar Health and a third renewal from imaging group Zwanger-Pesiri at higher per-transaction fees. The pullback has nothing to do with the business itself. It is a…
ASX Stocks to Buy After the Oil Shock
The ASX 200 fell as much as 4.4% intraday before closing 2.85% lower at 8,599, its worst session in nearly a year, with A$95 billion erased in one day. The trigger was an oil price surge of 35% in a week, driven by fears that escalating Middle…
ASX stocks are in focus ahead of the Pentagon’s March 20 deadline
The US Department of Defence has set a March 20 submission deadline for critical minerals supply proposals, seeking secure sources for 13 strategic materials, including arsenic, bismuth, graphite, tungsten, germanium, nickel, vanadium, and zirconium. For ASX investors, this is not background noise. Australia…
Santos is rising on oil prices, but the CEO's sale adds caution
Santos (ASX: STO) has been one of the standout performers on the ASX in 2026, with shares up more than 20% year to date. Then on 2 March, the stock surged another 7.8% in a single session after US and Israeli strikes on…
ASX index changes could lift selected stocks before March 23
S&P Dow Jones Indices announced its quarterly ASX Index rebalance on Friday, with changes taking effect before the March 23 open. In practice, that means the peak of ETF and passive fund buying will concentrate in the closing auction on Friday, March 20. The reshuffle…
ASX bank stocks are in focus ahead of the RBA’s March 17 decision
The RBA surprised nobody when it hiked rates to 3.85% in February, the first increase since 2023. Most investors assumed the next move would not come until May. Then Governor Michele Bullock took the stage at the AFR Business Summit on March…
