Daily FNArena News

Michael Gable of Fairmont Equities notes Fortescue Metals has pushed through resistance and the trend remains to the upside.

An extension of repayment deferrals by APRA is considered timely, providing some relief to the banking system as government stimulus winds down from September.

Breville has benefited from the current home-focused environment while retaining global expansion potential. Morgans initiates coverage of the stock.

A glance through the latest expert views and predictions about commodities. The current gold price rally is expected to continue into FY22; Subdued demand growth outlook for metals; Dividends forecasted for Metal stocks

Treasury Wine faces a number of hurdles in FY21 as luxury wine sales remain constricted and a global oversupply of wine persists.

ASX-listed gold junior Classic Minerals has intersected a new high-grade gold lode at its 100%-owned Kat Gap Project, which is part of its Forrestania Gold Project in WA’s Forrestania Greenstone Belt

A spotlight has fallen on Nickel Mines (the company) after having completed the acquisition of a further stake in its Indonesian projects. Shaw and Partners initiates coverage.

Damstra will acquire Vault Intelligence, expanding its product suite, customer and industry exposure and providing several avenues for growth.

Specialist financial platforms are expected to cut down on costs in FY21, with increasing cash balances expected to offset the hit to margins from rate cuts

Afterpay’s expansion is going from strength to strength and the company has undertaken several risk management strategies to shore up its balance sheet.