It was relatively quiet on the ASX on Monday with traders eyeing the Reserve Bank of Australia’s latest interest-rate decision, to be announced today (and a public holiday in most states dampening activity further).
The local share market fell for a second straight day on Tuesday, ahead of a flurry of central bank meetings, and following the release of a set of minutes from the Reserve Bank of Australia that were taken as implying that the local central bank is considered raising rates.
The Vulcan Energy Resources Ltd (ASX: VUL) share price has fallen 16% over the past month. Ouch! But there’s more to the Vulcan Energy story.
Luke Laretive joins Owen Rask on The Australian Investors Podcast to talk about lithium shares like Lake Resources Ltd (ASX: LKE), Core Lithium Ltd (ASX: CXO), Pilbara Minerals Ltd (ASX: PLS) and Vulcan Energy Resources Ltd (ASX: VUL).
A strong lead-in from Wall Street gave solid impetus to the Australian market on Tuesday, and the result was a lift of 114.8 points, or 1.7 per cent, in the benchmark S&P/ASX 200 (INDEXASX: XJO) Index, to 6779.2; while the broader S&P/ASX All Ordinaries (ASX: XAO) index added 121.9 points, or 1.8 per cent, to 6976.2. The ASX 200 is off to a positive start on Wednesday morning.
The Dubber Corp Ltd (ASX: DUB) share price was suspended on Monday morning following what is, as far as I can tell, a failure to lodge audited financial accounts to shareholders.
The S&P/ASX 200 (ASX: XJO) rose to a two-month high on Tuesday as New Hope (ASX:NHC) and Ramsay (ASX:RHC) shares were in the news.
The S&P/ASX 200 (INDEXASX:XJO) is tipped to rise at the open on Tuesday. a2 Milk Company Ltd (ASX:A2M) and Piedmont Lithium (ASX:PLL) shares are in the news.
