Latest Market Movements News

Red Sky Energy has secured full underwriting for its 2-for-3 non-renounceable rights issue to raise approximately AU$4.2 million, supported by sub-underwriting commitments from related parties. Concurrently, the company has initiated a cost reduction program including a 25% pay cut for senior management and staff reductions.

Magellan Financial Group's assets under management fell to A$37.5 billion as of 31 March 2026, reflecting net outflows and market impacts across retail and institutional funds.

Alcoa Corporation has updated its dividend notification for the quarter ending December 2025, clarifying currency exchange rates and payment methods for its shareholders.

GQG Partners reported a rise in funds under management to USD 172.9 billion as of February 28, 2026, buoyed by strong investment performance that offset net client withdrawals.

Terra Critical Minerals has clarified that its recent share price jump is tied to soaring tungsten prices and its acquisition of a key US tungsten project. The company confirms compliance with ASX disclosure rules amid heightened market interest.

Nimy Resources has addressed a recent spike in its share price and trading volume, attributing the movement to its Managing Director's U.S. trade mission and the release of a commissioned research article.

Paterson Resources has responded to an ASX price query following a notable rise in its share price and trading volume, confirming no undisclosed information is driving the recent market activity.

Cosmos Exploration Limited has voluntarily suspended its shares from ASX trading as it prepares to announce significant developments involving an Option Agreement and a capital Placement.

Dragon Mountain Gold has responded to an ASX price query following a doubling of its share price, confirming no undisclosed information is driving the move and affirming compliance with listing rules.

Argo Global Listed Infrastructure Limited has reported a sharp 72% decline in half-year profit for the period ending December 2025, driven by unrealised fair value losses on its investment portfolio. Despite this, the company has declared a higher fully franked interim dividend of 4.5 cents per share.

Citigroup Global Markets Australia has announced a fully franked dividend of $2.35 per instalment for the CBA CitiFirst Self-Funding Instalments, alongside key loan amount adjustments and upcoming trading dates.

ResMed Inc has updated the foreign exchange rate for its upcoming dividend payment to Australian CDI holders, impacting the Australian dollar amount payable per share. The dividend remains unfranked and subject to US withholding tax, with a reduced rate available under the US-Australia tax treaty.