Mining, energy stocks lift Australian shares amid Ukraine crisis

06:14am, Monday, 28'th Feb 2022 Business Recorder
Australian shares closed higher on Monday, lifted by mining and energy stocks as fresh Western sanctions against Russia for its invasion of Ukraine stoked worries about supply disruptions. The S&P/ASX 200 index ended 0.7% higher at 7,049.1, extending gains to a straight session, even as broader Asian markets fell. "Markets at the moment are still on edge," said Steven Daghlian, a market analyst at CommSec, adding the impact on commodities and fears of the Russia-Ukraine conflict escalating further affect Australia indirectly. President Vladimir Putin put Russia''s nuclear deterrent on high alert on Sunday in the face of a barrage of Western reprisals for his war on Ukraine, which said it had repelled Russian ground forces attacking its biggest cities. Australian shares rise after Ukraine sell-off, tech stocks shine Miners led the gains in Australia, rising 3.2% on strong iron ore prices as concerns grew that a prolonged armed conflict between Russia and Ukraine could curb global supply of the key steelmaking ingredient.

Why Jim Cramer Likes Linde And BHP Group

12:55pm, Friday, 25'th Feb 2022 Benzinga
On CNBC’s "Mad Money Lightning Round," Jim Cramer said Linde plc (NYSE: LIN ) reported an unbelievable quarter, and its business is also incredibly strong. However, the stock is still down so much. He recommends buying the stock. Cramer said Switch, Inc. … Full story available on Benzinga.com

Morning Report 24 Feb 22: European sharemarkets fell on Thursday

11:10pm, Thursday, 24'th Feb 2022 The Daily Telegraph
Investors responded to the invasion of Ukraine. Banks (down 8.2%) and automakers fell most although the oil and gas sector fell by only 0.3%. Shares in Societe Generale fell by 12.2%. Defence stocks rose with BAE Systems in the UK up by 5.2%. Renewable energy was another bright spot on markets. The pan-European STOXX 600 index fell by 3.3% to 9-month lows. The German Dax index lost 4.0% with the UK FTSE index lower by 3.9%. In London trade, shares in Rio Tinto fell by 1.8% and BHP fell by 7.0% (traded ex-dividend). US sharemarkets were mixed on Thursday with gains in some technology ''megacaps'' limiting losses. Financials fell 1.2% with banks down 2.5% as bond yields fell. Shares in Amazon rose by 4.5% with Microsoft up 5.1%. At the US close, the Dow Jones index was up by 92 points or 0.3% after being down 859 points. The S&P 500 index rose 1.5%; the Nasdaq rose 436 points or 3.3%.

These Are The Companies Most Exposed To Russia And Ukraine

08:20pm, Thursday, 24'th Feb 2022 Zero Hedge
These Are The Companies Most Exposed To Russia And Ukraine Now that military action in Ukraine is reality, a development which has caught much of the market by surprise, investors are digging through the data to uncover which companies are most exposed to the deadly escalation in Ukraine. The good news is that for the most part, corporate exposure to Russia/Ukraine is limited and focused in a handful of sectors (mostly commodities and energy). Despite the relatively low exposure however, energy costs are at the heart of the Fed''s anti-inflation crusade, and as JPMorgan writes, the Russia/Ukraine crisis could force a reassessment of the Fed tightening path resulting in central banks turning less hawkish, while policymakers may consider additional fiscal stimulus (e.g. US gas tax reduction). That said, Russia is a major producers of PGMs, nickel, aluminium and diamonds In 2021, Russia accounted for: ~35% of global palladium mine supply, ~10% of platinum, ~6% of primary aluminium, 7% of nickel, 4% of copper and ~30% of rough diamonds.
Gainers: Indonesia Energy Corporation (INDO) +41%. Camber Energy (CEI) +40%

Australian shares fall on Ukraine jitters; CIMIC Group soars

06:43am, Thursday, 24'th Feb 2022 Business Recorder
Australian shares dropped nearly 2% on Thursday to hit their lowest in more than two weeks, as Ukraine announced a state of emergency amid rising fears of a full-scale Russian invasion, while CIMIC Group soared over 30% following a bid from Hochtief. The S&P/ASX 200 index was down 1.8% at 7,077.80 by 2329 GMT. The benchmark rose 0.6% on Wednesday. Global markets reacted sharply after Ukraine told its citizens in Russia to immediately come home and the US State Department mentioned that a Russian invasion remained potentially imminent. Australian shares weighed down by tech stocks, Ukraine tensions Miners plunged 3% to their lowest since early February, as iron ore prices slumped on concerns regarding demand prospects in China. Sector heavyweights BHP, Rio Tinto, and Fortescue Metals fell between 2.4% and 5.3%. Tech stocks dropped as much as 4.5% to hit their lowest since June 2020. ASX-listed shares of Block Inc lost up to 8.5%, while Xero Ltd slid 4.4%. Qantas Airways Ltd fell 1.7% after it posted a bigger-than-expected half-year loss and forecast a A$650 million hit to second-half earnings before interest and tax due to Omicron.

Mid-Session 24 Feb 22: Market currently slumping by 2%

01:31am, Thursday, 24'th Feb 2022 Herald Sun Australia
The Australian sharemarket is down by ~2%, making it the most significant decline in approximately four weeks and puts the ASX 200 on track to snap a three-week winning streak. BHP and Woodside are weights as both trade ex-dividend, while over 20 companies have posted their latest results.
Australian Stock Market Elliott Wave Analysis Trading Levels ASX 200 Index (XJO), Forex AUDUSD, Commonwealth Bank CBA, BHP Group (BHP), Rio Tinto (RIO …

My Top 10 Dividend Stock Ideas In Rank Order

05:19pm, Wednesday, 23'rd Feb 2022 Seeking Alpha
Dividend investing is about balance sheet quality, asset valuations and underlying growth. Read more to see my top 10 dividend stock ideas.

BHP goes ex-dividend tomorrow (NYSE:BHP)

03:47pm, Wednesday, 23'rd Feb 2022 Seeking Alpha
BHP (BHP) had declared $3.00/share semi-annual dividend, -25% decrease from prior dividend of $4.00. Payable March 28; for shareholders of record Feb. 25; ex-div Feb. 24.
London stocks were higher on Tuesday, with well-received results from Barclays driving up the bank sector, while miners and energy names headed the other way.
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Australia shares end lower as Ukraine crisis intensifies

07:29am, Tuesday, 22'nd Feb 2022 Business Recorder
Australian shares ended lower on Tuesday, with financial stocks and miners leading declines, as deepening tensions between Ukraine and Russia heightened market uncertainty. The benchmark S&P/ASX 200 index closed 1% lower at 7,161.3 after hitting a two-week low earlier in the day. It gained 0.2% on Monday. Russian President Vladimir Putin ordered the deployment of troops to two breakaway regions in eastern Ukraine after recognising them as independent, worsening a crisis that has roiled global markets for weeks. Financial stocks were the biggest drag to the benchmark and closed 1.5% lower. The "Big Four" banks slid between 1% and 2.1%. Australia shares set to track Wall Street lower, NZ dips Miners retreated 1.1%, with heavyweights BHP Group and Rio Tinto declining 0.9% and 1.4%, respectively. Technology stocks were also in the negative, falling 3.2% in the fourth straight day of losses. The subindex closed at its lowest level since July 2020. Australia-listed shares of Block Inc slumped as much as 7.3% to a record low, while Xero Ltd and Wisetech Global dropped 3.1% and 4%, respectively. "Technology stocks are overvalued, and investors look for companies that have strong cash flows and are not susceptible to trends," said Brad Smoling, managing director of Smoling Stockbroking, adding that tech stocks are the first to get dumped when uncertainty hits the market.
Australias iron ore miners are doing very well right now. BHP (ASX:BHP) made more than it ever has in a Read More The post Ground Breakers: China threatens shakedown to keep iron ore prices under control appeared first on Stockhead .

BHP Group Limited Consensus Indicates Potential 3.7% Upside

01:00pm, Monday, 21'st Feb 2022 DirectorsTalk
BHP Group Limited with ticker code (BHP) now have 3 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 78 and 63.3 with a mean TP of 70.43. With the stocks previous close at 67.92 this now indicates there is a potential upside of 3.7%. The 50 day moving average now sits at 63.72 and the 200 day MA is 65.27. The company has a market capitalisation of $247,287m. You can visit the company''s website by visiting: https://www.bhp.com [stock_market_widget type="chart" template="basic" color="green" assets=BHP" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $256,425m based on the market concensus. BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, rest of Asia, North America, South America, and internationally. It operates through Petroleum, Copper, Iron Ore, and Coal segments. The company engages in the exploration, development, and production of oil and gas properties; and mining of copper, silver, zinc, molybdenum, uranium, gold, iron ore, and metallurgical and energy coal.
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