asx:lpi

Mark Gordon

Lithium demand forecasts by several parties have been dramatically increased recently, driven largely by the expected growth in the use of electric cars driving demand for lithium-ion batteries. 2025 demand forecasts range between 500,000t and 1,000,000 LCE, multiples of the current demand of ~220,000t, and boding well for stocks in... Show More

Mathan Somasundaram

Local market was hit again on the open before making another climb out of the lows of the day as global optimism on US fiscal upside unwinds. Market on stretched valuation was relying on optimism…now it ran into reality of the political risk….we have moved from “Trump Bump” to “Trump... Show More

Mathan Somasundaram

Local market finished positive after a volatile day with positive global overnight sentiment with Oil bounce. The best performers were Industrials, Metals & Miners and Retail while Banks, Gold and Utilities were the worst performers. NAB and MQG traded ex div today….WBC goes ex div on Thursday. Oil... Show More

Mathan Somasundaram

Local market recovered from the opening fall before weak China data took the market down to finish flat for the day. The best performers were Telcos, Financials and Energy while Gold, Staples and Property were the worst performers. US/China deals…will get more Beef, Poultry, financial Services, Agri/Bio and Energy access... Show More

Mathan Somasundaram

Local market fell on US strike on Syria after opening positive…and then recovered into the close to slight positive. Spot gold bounced and bond yields fell as market ran to safety with rising geo political risks adding existing global macro risks. Gold, Energy and Utilities were the best performers while... Show More

Mathan Somasundaram

Local market moved up despite weaker commodities and weaker AUDUSD while non-farm payroll data will set the tone for next week ahead of US Fed meeting. Consumer Staples, IT and Health Care moved the market higher while Metals, Mining, Gold and Property Trusts were the negative performers. Tesla is getting... Show More

Mathan Somasundaram

Local market gave up some ground in line with weak global sentiment, weak commodity prices, global central bank uncertainties and rising yields. Consumer Discretionary and Financials supported the market while Resources and large caps moving ex div took the market down. Click here for the full report... Show More

Mathan Somasundaram

Local market fell on the open and then recovered some losses to give up substantial part of yesterday’s gains. Markets are working through the implications of increased fiscal spending without spending cuts…likely to drive inflation higher and force US Fed to move faster than expected. US Fed rate hike March... Show More

Mark Gordon

Lithium Power International’s (ASX: LPI) focus is on their Maricunga Lithium Project in the Atacama III Region of northern Chile, and is well placed to take advantage of forecast strong lithium markets. Maricunga is a lithium brine play, with work to date showing one of the highest grade brine resources... Show More

Mathan Somasundaram

Local market ran into profit taking as US fiscal stimulus expected to take longer. Local market ran into profit taking in all sectors except gold with downgrade stocks experiencing further slide in share price performance. RBA comments support rates on hold through 2017 due to household debt, weak wages, underemployment... Show More