ADVANCED SHARE REGISTRY The Nasdaq Composite fell Tuesday after Oracle shares plunged on disappointing results, whilst Apple unveiled the new iPhone model. The Nasdaq slid 1.04 per cent to 13,773.61 in its first losing day in three. The S&P 500 dropped 0.57 per cent to 4,461.90. Meanwhile, the Dow Jones Industrial Average declined 17.73 points, or 0.05 per cent, to 34,645.99.
Oracle shares posted their worst day since 2002. The software stock was the worst performer in the S&P 500, sliding 13.5 per cent after sales last quarter fell short of estimates and the company's revenue forecast also disappointed. Oracle posted its fiscal first-quarter results late Monday. Other cloud competitors - including Amazon, Google-parent Alphabet and Microsoft - also slid. Apple shares were lower by 1.7 per cent after the unveiling of their new iPhone model - the iPhone 15 and iPhone 15 Plus with 6.1-inch and 6.7-inch displays, respectively, similar to their previous models. These new phones come equipped with a 48-megapixel main camera that offers a 2X telephoto option for photography and 4K video recording. They are powered by the new A16 Bionic chips.
Albemarle Corporation has received a $90 million grant from the US Department of Defense to bolster domestic mining and lithium production for the nation's battery supply chain. The funding, allocated through the Office of the Assistant Secretary of Defense for Industrial Base Policy and utilising Defense Production Act authorities, will enable Albemarle to acquire a fleet of mining equipment. This equipment will support the company's efforts to reopen its lithium mine in Kings Mountain, North Carolina, contributing to the domestic production of critical lithium resources for battery manufacturing.
European markets closed mixed. London's FTSE gained 0.41 per cent, Frankfurt fell 0.54 per cent, and Paris closed 0.35 per cent lower. Turning to Asian markets, Tokyo's Nikkei gained 0.95 per cent, Hong Kong's Hang Seng fell 0.39 per cent while China's Shanghai Composite closed 0.18 per cent lower.
Gold lost 0.62 per cent. Silver added 0.08 per cent. Copper dropped 0.39 per cent. Oil gained 1.78 per cent.
| Dow Jones | 34,645.99 | -17.73 | -0.05% |
|---|---|---|---|
| US S&P 500 | 4,461.90 | -25.56 | -0.57% |
| US Nasdaq | 13,773.62 | -144.28 | -1.04% |
| UK FTSE 100 | 7,527.53 | +30.66 | +0.41% |
RECENT INDIAN OCEAN SECURITIES TRANSACTIONS
| Balkan Mining Minerals Limited (ASX:BMM) | Mining Exploration Sector | IPO at $0.20 | Price Change from IPO Investment: + $0.175 / 85.50% |
|---|---|---|---|
| Smart Auto Australia Limited (NSX:SAL) | Electric Commercial Vehicles Sector | IPO at $0.10 | Price Change from IPO Investment: + $0.10 / 100% |
| Azure Health Technology Limited (NSX:VTL) | Health Technology | IPO at $0.20 | Price Change from latest Investment entry: - 0.05 / 25% |
| Albion Resources Limited (ASX:ALB) | Diversified Metals & Mining | IPO at $0.20 | Price Change from latest Investment entry: - $0.015 / 7.5% |
| Sprintex Limited (ASX:SIX) | Auto Parts & Equipment | IPO at $0.086 | Price Change from latest Investment entry: - $0.013 / 15.12% |
| Jadar Resources Limited (ASX:JDR) | Diversified Metals & Mining | Private Placement at $0.03 | Price Change from latest Investment entry : - $0.007 / 23.33% |
| Krakatoa Resources Limited (ASX:KTA/KTAOC) | Gold Sector | Private Placement at $0.06 | Price Change from latest Investment entry : - $0.008 / 13.33% |
| PYX Resources Limited (NSX:PYX) | Diversified Metals & Mining | IPO at $0.40 | Price Change from latest Investment entry: + $0.76 / 190% |
| Cokal Limited (ASX:CKA) | Steel Sector | Funding at $0.04 | Price Change from latest Investment entry: + $0.036 / 90% |
| Cyclone Metals Limited (ASX:CLE) | Steel Sector | Placement: at $0.0017 | Price Change from latest Investment entry: + $0.0073 / 429.41% |
| Food Revolution Limited (ASX:FOD) | Packaged Foods & Meat | Placement at $0.035 | Price Change from latest Investment entry : - $0.0007 / 20% |
| Synertec Corporation Limited (ASX:SOP) | Technology Sector | Placement at $0.023 | Price Change from latest Investment entry: + $0.077 / 334.78% |
| Douugh Limited (ASX:DOU) | Wireless Telecommunications Services | Placement at $0.020 | Price Change from latest Investment entry: + $0.074 / 370% |
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The information provided was based on information available at the time of publishing. We believe that the information in this report is correct and any opinions, conclusions or recommendations are reasonably held or made as at the time of its compilation, but no warranty is made as to accuracy, reliability or completeness. To the extent permitted by law, neither Advanced Share registry (ABN 14 127 175 946) nor any of its subsidiaries accept liability to any person for loss or damage arising from the use of this report. The report has been prepared without taking account of the objectives, financial situation or needs of any particular individual. For this reason, any individual should, before acting on the information in this report, consider the appropriateness of the information, having regard to the individual's objectives, financial situation and needs and, if necessary, seek appropriate professional advice. This report does not purport to be a complete statement or summary.
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Advanced Share Registry Limited published this content on 13 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 September 2023 12:03:02 UTC.
