Category: ASX:ING

ASX:ING

Ingham’s (ING) shares slide as supply chain issues bite

ING -5.95%: The Chicken producer was out today with an update on the impacts of Omicron on their operations.

ASX:ING 28/08/2019

Inghams (ING) overcooks the chook

ASX:ING 04/04/2019

Inghams (ING) share price falls on TPG sell down

ASX:EHL 10/12/2018

These are the biggest movers on the ASX 200 this morning

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Latest Reports

Morning report 16/04/2024

What Matters Today: Will banning Russian metals by the LME move the proverbial goalposts?

The London Metal Exchange (LME) has banned the delivery of Russian metal following tough sanctions imposed by the US and UK. The LME is a central market for metals such as aluminium, copper, and zinc. If the supply taps are turned off, prices will likely rise as they did overnight, e.g. over 90% of the aluminium on the LME is of Russian origin. However, prices have a tendency, just like water, to move in the path of least resistance and with plenty of buyers still happy to take delivery of Russian metal, by whatever means, advances are likely to be controlled in nature, assuming they do occur.

Afternoon report 15/04/2024

The Match Out: Tensions cause a soft Monday, support for equities remains though

An escalation of aggression in the Middle East over the weekend was the main cause for concern today, weighing on the local market from the get-go. The weakness didn’t cause any contagion though, equities seemed pretty well supported after hitting a low just before midday, i.e. panic didn’t set in and traders are still using dips to edge into the ASX. Energy was the main winner today, that was despite Oil markets giving back some of the gains seen on Friday night. Materials were also surprisingly well-supported thanks to US imposing further sanctions on Russian commodities, a trade we are well-positioned for.

Category: ASX:ING

Ingham’s (ING) shares slide as supply chain issues bite

Inghams (ING) overcooks the chook

Inghams (ING) share price falls on TPG sell down

These are the biggest movers on the ASX 200 this morning

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