Latest Market Trends News

Platinum Asia Investments shareholders have decisively approved a scheme to restructure the company by swapping their shares for units in a new ETF, moving the firm closer to a significant transformation pending court approval.

Whitebark Energy has secured independent confirmation of substantial hydrogen and helium prospective resources at its Rickerscote Prospect in South Australia's Officer Basin, highlighting a promising new frontier for clean energy minerals.

SGH Ltd reported solid FY25 results with EBIT rising 8% to $1.54 billion, supported by strong performances in Boral and WesTrac, alongside a 49% surge in operating cash flow. The company projects continued earnings growth in FY26 amid disciplined capital management and operational improvements.

Dexus Convenience Retail REIT reported steady FY25 results, maintaining near-full occupancy and a strong portfolio valued at $728 million, while advancing key redevelopment projects and sustainability initiatives.

Sims Limited has signed a non-binding MOU to supply 550,000 tonnes of ferrous scrap annually to Alter Steel’s upcoming Electric Arc Furnace in Queensland, marking a major step in Australia’s green steel transition.

Energy Action Ltd reports a robust Q4 FY25 with significant revenue growth, sustained positive cash flow, and strategic refinancing, while advancing its AI-driven Utilibox platform and zero-carbon solutions.

Cromwell Property Group reports a modest increase in its Australian Investment Portfolio valuation to $2.015 billion as of June 2025, signalling readiness for growth amid improving market conditions.

Audinate Group has completed its $28 million acquisition of Iris Studio, a US-based leader in AI-powered, cloud-based camera control technology, marking a significant expansion into video production solutions.

Advance ZincTek Limited (ASX, ANO) has responded to an ASX price query following a sharp increase in its share price and trading volume, confirming no undisclosed material information and reaffirming compliance with continuous disclosure rules.

Waterco Limited has announced an on-market buy-back program for up to 144,927 ordinary shares, set to run from mid-July 2025 through June 2026. The move signals a strategic approach to capital management without requiring shareholder approval.

Qualitas Real Estate Income Fund (QRI) has announced a distribution of 1.0664 cents per unit for June 2025, translating to an annualised return of 8.11% based on net tangible assets. The fund continues to focus on Australian real estate loans secured by mortgages.

Netwealth Group Limited has reported a record $15.8 billion in Funds Under Administration net flows for FY25, marking a 40% increase over the previous year and pushing total FUA to $112.8 billion. The company’s strong platform growth and strategic board appointment signal continued momentum.