FINANCIAL NEWS

ASX Winners And Losers Of Today – 16-09-24

The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day

6:35 PM


Australian Broker Call *Extra* Edition – Sep 16, 2024

Extra Edition of the Broker Call Report

12:41 PM


Australian Listed Real Estate Tables – 16-09-2024

FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data

11:33 AM


Gen.Ai: Infrastructure Arms Race Powers Ahead

Behind the Gen.Ai megatrend is the growing demand for data centres with major news making events putting the sector back into the spotlight, alongside the adjacent industries being swept up in the infrastructure build out

10:30 AM


Weekly Ratings, Targets, Forecast Changes – 13-09-24

Weekly update on stockbroker recommendation, target price, and earnings forecast changes

10:00 AM


Shaw and Partners rates AZY as Buy, High Risk

Antipa Minerals will be well funded to continue exploration and development of Minyari Dome, notes Shaw and Partners, after agreeing to sell its 32% non-controlling interest in the Citadel Joint Venture Project to joint venture partner Rio Tinto ((RIO)).

Minyari Dome is in the Patterson region. Last week Nemont Corp ((NEM)) announced it will sell Telfer, its 70% stake in the Havieron project, and any other related interests in the Patterson region to Greatland Gold.

Shaw considers a new owner at Telfer is a positive catalyst for Antipa as it will answer the ownership question that has held the region back and may result in more aggressive development timeframes and potential consolidation in the region.

Buy, High Risk rating and 4c target price unchanged.

UBS rates BXB as Buy

Following medium-term guidance provided at the investor day hosted by Brambles, UBS is not anticipating any consensus upgrades but suggests the outlook is now supported by a base for free cash flows (FCF), regardless of the pace of investment.

Management will be reinvesting in growth to support volumes and non-pooling initiatives, observes the analyst, meaning FCF growth will be slower than EBIT growth (as expected).

The Buy rating and $19.10 target are maintained.

Macquarie rates LTR as Neutral

Macquarie updates forecasts for the latest commodity price outlook from Macquarie Economics and Commodities Strategy.

The broker cuts spodumene prices by -10%, -11% and -33% for 2024, 2025 and 2026, respectively.

Macquarie highlights in-house lithium forecasts are below consensus. With the market already discounting lower prices, the broker is constructive on lithium stocks trading in a range.

Liontown Resources is Neutral rated with a 70c target price.

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ANALYSIS & DATA

FNARENA'S MARKET CONSENSUS FORECASTS

To display the stock analysis for a company please enter the company code:

ANZ | ANZ GROUP HOLDINGS LIMITED

Abbreviated format - see the full version here


LAST PRICE CHANGE +/- CHANGE % VOLUME

$31.15

13 Sep
2024

-0.150

OPEN

$31.39

-0.48%

HIGH

$31.47

3,043,917

LOW

$31.01

TARGET
$27.372 -12.1% downside
Franking for last dividend paid out: 65%
FNARENA'S MARKET CONSENSUS FORECASTS
ANZ: 1
Title FY22
Actual
FY23
Actual
FY24
Forecast
FY25
Forecast
EPS (cps) xxx 236.8 224.0 xxx
DPS (cps) xxx 175.0 164.8 xxx
EPS Growth xxx - 5.3% - 5.4% xxx
DPS Growth xxx 20.3% - 5.8% xxx
PE Ratio xxx N/A 13.9 xxx
Dividend Yield xxx N/A 5.3% xxx
Div Pay Ratio(%) xxx 73.9% 73.6% xxx

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DAILY FINANCIAL NEWS

Gen.Ai: Infrastructure Arms Race Powers Ahead

Behind the Gen.Ai megatrend is the growing demand for data centres with major news making events putting the sector back into the spotlight, alongside the adjacent industries being swept up in the infrastructure build out

10:30 AM - International


Overviews in raw numbers and calculations that might assist investors with assessing trends and currents that might not be apparent from daily volatility and movements

Sep 14 2024 - Australia


A glance through the latest expert views and predictions about commodities: Two brokers anticipate a material lithium price rally, and analysts review iron ore andĀ base metals price forecasts

Sep 12 2024 - Commodities


NewĀ broker research on Northern Star Resources highlights production growth from current investment along with a rising dividend profile

Sep 12 2024 - Australia


Independent Investment Research updates developments among Australia’s listed investment companies and provides comparative data

Sep 12 2024 - Australia


Analysts approve of ARB Corp’s two US acquisitions which are expected to build brand awareness and provide medium-term upside

Sep 11 2024 - Small Caps


RUDI'S VIEWS

Rudi’s View: Key Picks, Best Buys & Conviction Calls

Post-August updates on stock picker’s favourites and Model Portfolio adjustments

Sep 12 2024

DAILY MARKET REPORTS

ASX Winners And Losers Of Today – 16-09-24

The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day

6:35 PM


Australian Broker Call *Extra* Edition – Sep 16, 2024

Extra Edition of the Broker Call Report

12:41 PM


Today’s Financial Calendar – 16-09-2024

Significant Scheduled Events For 16 September, 2024

8:15 AM


The Monday Report – 16 September 2024

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead

7:57 AM


ASX Winners And Losers Of Today – 13-09-24

The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day

Sep 13 2024


Australian Broker Call *Extra* Edition – Sep 13, 2024

Extra Edition of the Broker Call Report

Sep 13 2024


Today’s Financial Calendar – 13-09-2024

Significant Scheduled Events For 13 September, 2024

Sep 13 2024


WEEKLY REPORTS

Australian Listed Real Estate Tables – 16-09-2024

FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data

11:33 AM

Weekly Ratings, Targets, Forecast Changes – 13-09-24

Weekly update on stockbroker recommendation, target price, and earnings forecast changes

10:00 AM

Next Week At A Glance – 16-20 Sep 2024

A brief look at important company events and economic data releases next week

Sep 13 2024


In Case You Missed It – BC Extra Upgrades & Downgrades – 13-09-24

A summary of the highlights from Broker Call Extra updates throughout the week past

Sep 13 2024

Weekly Top Ten News Stories – 13 Sep 2024

Our top ten news stories from 05 September 2024 to 12 September 2024

Sep 13 2024

In Brief: Banks vs Miners, MinRes, Paladin & Steadfast

Weekly Broker Wrap: Volatility is proving to be the name of the game in September with this week proving to be no exception

Sep 13 2024


The Short Report – 12 Sep 2024

FNArena’s weekly update on short positions in the Australian share market

Sep 12 2024

Weekly Update On LICs & LITs – 10-Sep-2024

Weekly update of Listed Investment Companies (LICs) & Listed Investment Trusts (LITs) on the ASX

Sep 10 2024

Uranium Week: Momentum Is Building

Will the market increasingly look to the disconnect between U308 spot versus contract term prices as a buy signal for sold down uranium equities?

Sep 10 2024


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THE MARKETS

    Click item/line to change chart

  • Australia

    16 September 2024   Updated : 20:12   AEDT

    SPI Overnight

    8116.00

    +16.00

    0.20%

    NZ50

    12704.390

    -128.160

    -1.000%

    All Ordinaries

    8341.10

    +17.60

    0.21%

    S&P ASX 200

    8121.60

    +21.70

    0.27%

    S&P ASX 300

    8053.00

    +20.40

    0.25%

    Communication Services

    1606.50

    +17.20

    1.08%

    Consumer Discretionary

    3794.40

    +19.70

    0.52%

    Consumer Staples

    12779.70

    +47.90

    0.38%

    Energy

    8594.50

    -39.70

    -0.46%

    Financials

    8451.10

    +79.60

    0.95%

    Health Care

    44960.40

    -481.00

    -1.06%

    Industrials

    7508.60

    +2.50

    0.03%

    Info Technology

    2605.60

    +10.20

    0.39%

    Materials

    16141.40

    -45.60

    -0.28%

    Real Estate

    4025.50

    +19.50

    0.49%

    Utilities

    8642.80

    -89.80

    -1.03%

    A-REITs

    1836.90

    +7.90

    0.43%

    All Technology Index

    3359.80

    +2.10

    0.06%

    Banks

    3585.60

    +38.50

    1.09%

    Gold Index

    8610.60

    +23.60

    0.27%

    Metals & Mining

    5239.50

    -16.90

    -0.32%

    Click item/line to change chart

  • Australasia

    16 September 2024   Updated : 20:12   AEDT

    AUD/USD

    0.6738

    +0.00

    0.51%

    AUD/NZD

    1.0886

    0.00

    -0.02%

    NZD/USD

    0.6188

    +0.00

    0.50%

    AUD/JPY

    94.43

    -0.17

    -0.18%

    SGD/AUD

    1.15

    0.00

    -0.24%

    AUD/EUR

    0.6057

    +0.00

    0.03%

    AUD/GBP

    0.5105

    0.00

    -0.06%

    AUDCAD

    0.9148

    +0.00

    0.35%

  • World

    16 September 2024   Updated : 20:12   AEDT

    CAD/USD

    0.7364

    +0.00

    0.12%

    EUR/JPY

    155.91

    -0.31

    -0.20%

    EUR/USD

    1.1124

    +0.00

    0.37%

    GBP/USD

    1.3197

    +0.01

    0.56%

    USD/JPY

    140.11

    -0.72

    -0.51%

    Click item/line to change chart

  • World

    16 September 2024   Updated : 20:12   AEDT

    FTSE100

    8264.77

    -8.32

    -0.10%

    DAX30

    18629.74

    -69.66

    -0.37%

    Hang Seng

    17422.12

    +53.03

    0.31%

    Nikkei 225

    36581.76

    -251.51

    -0.68%

    DJIA

    41393.78

    +297.01

    0.72%

    S&P500

    5626.02

    +30.26

    0.54%

    Nasdaq Comp

    17683.98

    +114.30

    0.65%

    S&P500 VIX

    16.99

    -0.08

    -0.47%

    US 10-year yield

    3.646

    -0.004

    -0.110%

    USD Index

    101.11

    -0.13

    -0.13%

  • Aus Stocks

    16 September 2024   Updated : 20:12   AEDT

    Amcor (US)

    10.99

    +0.11

    1.01%

    Newmont (US)

    53.71

    +0.83

    1.57%

    Rio Tinto (UK)

    4718.38

    -38.62

    -0.81%

    BHP Group (US)

    52.89

    +0.69

    1.32%

    Rio Tinto (US)

    62.55

    +0.64

    1.03%

    ResMed (US)

    248.93

    -1.78

    -0.71%

    South32 (UK)

    162.05

    -0.95

    -0.58%

    James Hardie (US)

    36.09

    +0.06

    0.17%

    Janus Henderson (US)

    36.20

    +0.39

    1.09%

    Click item/line to change chart

  • Metals & Minerals

    16 September 2024   Updated : 07:23   AEDT

    Gold (oz)

    2606.20

    +19.20

    0.74%

    Silver (oz)

    31.07

    +0.86

    2.85%

    Copper (lb)

    4.2210

    +0.01

    0.25%

    Aluminium (lb)

    1.1138

    +0.03

    2.65%

    Nickel (lb)

    7.1707

    -0.04

    -0.51%

    Zinc (lb)

    1.3068

    +0.02

    1.40%

    Copper (t)

    9267.00

    +51.00

    0.55%

    Aluminium (t)

    2475.00

    +64.00

    2.65%

    Nickel (t)

    15935.00

    -82.00

    -0.51%

    Zinc (t)

    2904.00

    +40.00

    1.40%

    Uranium (lb) weekly

    80

    -0.50

    -0.62%

    Iron Ore (t)

    92.26

    -0.80

    -0.86%

  • Energy

    16 September 2024   Updated : 07:23   AEDT

    West Texas Crude

    67.75

    -1.44

    -2.08%

    Brent Crude

    71.61

    +0.89

    1.26%

CALENDAR

Monday, 16 September 2024
US Empire manufacturing
XX Japan/China Public Holiday
CCP ex-div 23c (100%)
CNU ex-div 22.18c
IPL investor briefing
QUB ex-div 5.15c (100%)
Tuesday, 17 September 2024
CH Public Holiday
US August retail sales
COH ex-div 210c (80%)
DUR ex-div 2.5c (100%)
IPL investor briefing
MGH ex-div 3.50c (100%)

ALL WEATHER STOCKS

Code Company Price
CAR CAR GROUP LIMITED

$36.85

CSL CSL LIMITED

$296.69

REA REA GROUP LIMITED

$201.64

TNE TECHNOLOGY ONE LIMITED

$23.16

WOW WOOLWORTHS GROUP LIMITED

$35.12

WEEKLY PDF

Stories To Read From FNArena


WEEK 37

WEEK 36

WEEK 35

WEEK 34

WEEK 33

FNARENA TALKS

FNARENA TALKS

FNARENA WINDOWS

Window on REITS

Australian Listed Real Estate Tables – 16-09-2024

FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data

11:33 AM


Window on CLOUD SERVICES

Gen.Ai: Infrastructure Arms Race Powers Ahead

Behind the Gen.Ai megatrend is the growing demand for data centres with major news making events putting the sector back into the spotlight, alongside the adjacent industries being swept up in the infrastructure build out

10:30 AM


Window on MINING

Material Matters: Lithium Enthusiasm Is Back

A glance through the latest expert views and predictions about commodities: Two brokers anticipate a material lithium price rally, and analysts review iron ore andĀ base metals price forecasts

Sep 12 2024


GEN AI

Gen.Ai: Infrastructure Arms Race Powers Ahead

Behind the Gen.Ai megatrend is the growing demand for data centres with major news making events putting the sector back into the spotlight, alongside the adjacent industries being swept up in the infrastructure build out

10:30 AM


FEATURE STORIES

Awaiting The Next Lithium Upswing

Lithium prices remain weak, but there is a growing expectation a turnaround is on the cards. It’s just a matter of when

Jul 17 2024