Daily FNArena News

Brokers praise a powerhouse first half performance by Metcash, driven largely by a faster than expected rise in the hardware segment that now earns more than food

China’s green taxonomy homes in on circularity, which combined with carbon-market developments, suggests a -28% fall in seaborne iron-ore demand within five years – not to mention metallurgical coal

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments

Independent Investment Research updates developments in Australia’s listed investment trust and provides comparative data

Michael Gable of Fairmont Equities notes that having consolidated after a solid rally, South32 is on the move again

Despite recent iron ore price falls eroding near term upside for iron ore miners, some brokers remain buoyant on the medium-term outlook

Losses in the energy and financial sectors outweighed materials and communication services gains leading to a -0.54% total decline for the ASX200 in November, as volatility increased with news of a new covid variant

Normalisation appears to be on the horizon for Fisher & Paykel Healthcare, after hardware sales have continued to benefit from covid hospitalisations longer than anticipated

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Today’s idea is Kelsian Group from Canaccord Genuity

Brokers raise earnings forecasts in response to first half results for Collins Foods, as a strong outcome in the Netherlands supports outperformance for KFC Europe