ASX

2024 - 4 - 8

ASX Shares Drama: Shorted Stocks and Shocking Performance

ASX - gold stocks - investors - market trends - S&P/ASX 200 Index - tech stocks

ASX shares drama unfolding with shorted stocks and skyrocketing performances! Find out which shares are causing a stir on the market.

This week on ASX, Core Lithium Ltd (ASX: CXO) and Pilbara Minerals Ltd (ASX: PLS) are creating waves as two of the most shorted shares. The market is abuzz with speculations and tensions running high as investors keep a close watch on these volatile stocks. Elders, the agricultural services and products group, recently issued a steep downgrade leading to a sharp decline in its share value. Investors are cautioned about potential further setbacks, keeping the industry on edge.

In a surprising turn of events, an ASX lithium share experienced a jaw-dropping 31% surge in morning trade today. With shares skyrocketing to 7.2 cents apiece, the miner stunned the market with reports of an 'outstanding' lithium intersection, leaving investors in awe. The sudden spike in performance has investors eager to see how this momentum unfolds in the coming days.

In the dynamic world of ASX trading, the drama continues as shorted stocks clash with remarkable performances, creating an atmosphere of uncertainty and excitement. Investors are navigating through a rollercoaster of market fluctuations, witnessing both challenges and opportunities in the volatile landscape. Stay tuned for more updates on the ASX market as it keeps investors on the edge of their seats.

Did you know? Shorted ASX shares can lead to heightened market volatility, while surprising surges like the 31% increase in lithium share values can turn heads and trigger significant investor interest.

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These are the 10 most shorted ASX shares (Motley Fool Australia)

Core Lithium Ltd (ASX: CXO) and Pilbara Minerals Ltd (ASX: PLS) shares are among the most shorted shares on the ASX this week...

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Elders issues steep downgrade but warns of more to come (Townsville Bulletin)

The agricultural services and products group's shares have fallen sharply after cutting its profit forecast, while also warning there could be more pain in ...

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Guess which ASX lithium share just rocketed 31% on an ... (Motley Fool Australia)

In morning trade today shares rocketed to 7.2 cents apiece, up a whopping 31% after the miner reported on hitting an "outstanding" lithium intersection. Any ...

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ASX hangs onto gains after jobs report boost for Wall Street (The Sydney Morning Herald)

The Australian sharemarket traded steadily on Monday following a solid finish in New York on Friday after a surprisingly strong US employment report.

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Image courtesy of "Stockhead"

Market Highlights: Wall Street up sharply on job numbers, and 5 ... (Stockhead)

Wall Street climbed after a strong jobs report. But why didn't the market panic the Fed will halt rates cut?

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ASX up 0.25% near noon following Friday's tech-driven surge on ... (ShareCafe)

The ASX is advancing in the initial session of the week, primarily driven by the strength of technology stocks, following Friday's tech-driven surge on Wall ...

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Here are the top 10 ASX 200 shares today (Motley Fool Australia)

The S&P/ASX 200 Index (ASX: XJO) lifted higher on Monday, opening the trading week with a 0.2% gain to 7789.1 points.

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Image courtesy of "Finance News Network"

ASX gains 0.2%: IT is best performing sector (Finance News Network)

The Australian sharemarket closed slightly higher on Monday, with the S&P/ASX gaining 0.2 per cent to 7789.1 points, despite a tumultuous session for ...

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The morning catch up: ASX to rise today after Wall St rebound (Proactive Investors Australia)

After a copping battering to finish last week, the ASX is set to rise today, with ASX 200 futures up 0.5% to 7853 points. The ASX200 finished 123 points or.

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ASX 200 starts the week slightly higher; Wall St jumps on robust jobs ... (Investing.com Australia)

Investing.com - The Australian Stock Exchange ticked 0.2% higher on Monday, following Wall Street's impressive rally during Friday's trading session.

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ASX 200 logs modest rebound, always believe in gold - the ASX ... (Livewire Markets)

Gold's rally appears indestructible at the moment, and ASX gold stocks were again top of the pops today.

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Morning Wrap: ASX 200 to rise, S&P 500 attempts to bounce, Gold ... (Market Index)

ASX 200 futures are trading 38 points higher, up 0.48% as of 8:30 am AEST.

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Forget gold! I'd buy these top ASX shares to beat inflation (Motley Fool Australia)

Everyone is talking about gold as it hits record highs. But my weapon of choice for conquering inflation remains buying top ASX shares.

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Why I'd confidently buy these 3 ASX blue-chips while others grow ... (Motley Fool Australia)

As legendary investor Warren Buffett famously said, "Be greedy when others are fearful." Indeed, while investors aren't close to the point of bunkering down in ...

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Live updates: ASX to open higher as investors eye interest rates, key ... (ABC News)

The Australian share market is expected to open higher after Wall Street closed flat, with US investors awaiting key inflation data. Follow the day's events ...

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5 things to watch on the ASX 200 on Tuesday (Motley Fool Australia)

On Monday, the S&P/ASX 200 Index (ASX: XJO) started the week with a small gain. The benchmark index rose 0.2% to 7,789.1 points. Will the market be able to ...

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ASX 200 Live: Shares to rise; Wall Street ends flat; investors ... (The Australian Financial Review)

Shares to rise; Wall Street ends flat; SunRice to review NSW exports plan; oil prices fall; US, Australian 10-year yields climb; Synlait names CFO.

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ASX set to rise as Wall Street treads water; $A stronger (The Sydney Morning Herald)

US stock indexes held at a virtual standstill as trading calmed after a whirlwind couple of days left them a bit shy of their records.

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$1000 in this ASX 300 share a year ago would be worth $20000+ now (Motley Fool Australia)

Wildcat Resources Ltd (ASX: WC8) shares were on form again on Monday. The ASX 300 lithium explorer's shares ended the day with a gain of 3% to 63 cents.

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ASX gains 0.2%: IT is best performing sector - ShareCafe (ShareCafe)

The Australian sharemarket closed slightly higher on Monday, with the S&P/ASX gaining 0.2 per cent to 7789.1 points, despite a tumultuous session for ...

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Image courtesy of "Herald Sun"

ASX to rise; Wall Street on inflation watch (Herald Sun)

Welcome to the Trading Day blog for Tuesday, April 9. ASX 200 may rise after Wall Street ended flat and bond yields rose ahead of key inflation data amid ...

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