Latest Global Markets News

Citigroup Global Markets Australia has declared a fully franked dividend of AUD 1.121 for its ASX CitiFirst Self-Funding Instalment MINIs, reducing outstanding loan amounts for holders. The dividend aligns with key ASX share dates, signaling a strategic financial adjustment.

Australian Vintage Limited reported a strong FY25 with significant profit growth despite flat revenue, underpinned by innovation and cost-cutting initiatives. The company aims for positive free cash flow in FY26, propelled by global brand expansion and operational efficiencies.

Cadence Opportunities Fund Limited reported a solid 7.9% gain for the 2025 financial year, driven by strong gold mining stocks and strategic portfolio moves. The fund also declared a fully franked final dividend of 7.0 cents per share, reflecting confidence despite ongoing economic uncertainties.

IPH Limited reported a 13.2% rise in net profit after tax to $68.8 million for FY25, driven by strategic acquisitions in Canada and organic growth across Asia-Pacific. Revenue surged 16.5% to $710.3 million despite inflationary pressures and operational challenges.

Magellan Financial Group reported a solid FY25 with an 8.2% rise in assets under management and a notable surge in strategic partnership income, offsetting a dip in investment management revenue.

Iluka Resources delivers resilient half-year results amid economic and geopolitical challenges, maintaining solid margins and progressing critical projects like Balranald and Eneabba.

Citigroup Global Markets Australia has declared a partially franked dividend of AUD 0.31 for QBE CitiFirst Self-Funding Instalment MINI warrants, set to reduce outstanding loan amounts and begin trading ex-dividend on 19 August 2025.

Platinum Asia Investments Limited has secured Federal Court approval for its scheme of arrangement, marking a key structural shift as its shares prepare to convert into ETF units.

Audeara Limited reports a strong start to FY26 with a 46% revenue increase driven by Australian wholesale growth and a key international partnership. The company’s global ambitions are further highlighted by multiple export award nominations.

Lindian Resources has secured approval to expand its Kangankunde Rare Earths Project mining licence from 900 to 2,500 hectares, enabling a significant scale-up in production capacity. The company retracts its previous high-end Stage 2 production targets and will commission a new feasibility study to define the next phase.

MC Mining has officially begun open pit mining at its flagship Makhado hard coking coal project in South Africa, advancing steadily towards full production by year-end 2025.

The Federal Court has approved Platinum Asia Investments' scheme to convert shares into ETF units, marking a significant restructuring for shareholders. Key dates for trading suspension, valuation, and dividend payments are set for August.