Author: Shawn Hickman
HUB24 (HUB) is soaring ~5% following a strong quarterly update which demonstrated strong funds under administration (FUA) growth.
Challenger (ASX) has soared more than +17% after receiving a $7.97bn takeover proposal from Japanese insurance giant Daiichi Life Group
Glencore (ASX: GLC) has started trading on the ASX today as the previously UK listed mining giant dual lists on the ASX.
Sandfire Resources (SFR) and South32 (S32) are drifting lower this morning after being downgraded by Morgan Stanley.
US-focused titanium company IPX has bounced more than 10% this morning on no real news.
The ASXLTD (ASX) is trading up well over 3% today helped by an upgrade by CLSA with Price Target of $63.
Paladin (PDN) along with the ASX uranium sector is soaring today as after Google’s parent Alphabet agreed to buy nuclear power from Constellation Energy in a deal that will spur the addition of 890 megawatts of new reactor capacity.
Elsight (ELS) is down on now specific news although defence stocks in general are enduring a tough session.
Liontown Ltd (LTR) has plunged over 10% to 52-week low as costs blow out for its Kathleen Valley expansion.
Northern Star (NST) has popped another ~8% this morning on talk Gold Fields are considering increasing their recent bid with cash.
