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1 week ago | 
capitalbrief.com | Jassmyn Goh
The news: The Australian sharemarket ended higher, with Nine Entertainment and Domain both rallying on news of the latter's takeover by CoStar. The ASX 200 gained 0.48% to end at 8,231.2, with nine out of 11 sectors finishing in the green. Biggest ASX 200 movers:Nine Entertainment (+6.04%), Domain (+3.06%) — Nine-owned Domain sealed a by CoStar which Nine has backed. News Corp (+4.83%) — Reported a slight increase in third-quarter revenue driven by growth in Dow Jones.
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1 week ago | 
capitalbrief.com | Jassmyn Goh
Skip to content2:49pm on 9 May 2025The news: Chrysos Corporation shares rocketed after sealing a deal that will see gold miner Newmont use its technology. The numbers: Chrysos shares surged 19.13% to $4.92 at 2:14pm AEST. Over the last 12 months they're down 13.07%. The companies have entered into a contract for Chrysos’ PhotoAssay technology to be installed at Newmonth’s Ahafo mine in Ghana, with deployment expected in the first half of FY26.
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1 week ago | 
capitalbrief.com | Jassmyn Goh
Skip to contentBriefingGovernance Concerns1:54pm on 9 May 2025The news: HESTA has placed WiseTech Global on its watchlist due to concerns about the tech company’s governance, leadership and culture. The context: The $91 billion superannuation fund said in a statement it was unsure of the logistics software company’s ability to make necessary changes to restore investor confidence.
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1 week ago | 
capitalbrief.com | Jassmyn Goh
Pakistan’s ambassador to the US also said on Thursday that the two countries were in contact through their respective national security councils. Despite calling for de-escalation, US Vice President JD Vance said the US could not control the countries and a war between them would be “none of our business”.
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1 week ago | 
capitalbrief.com | Jassmyn Goh
10:41am on 9 May 2025The news: MedAdvisor has revealed that its unnamed takeover suitor is a listed company with a market capitalisation in excess of US$100 billion ($156.45 billion) with revenues in excess of US$10 billion. The numbers: The bidder is looking to acquire the pharmacy software company for a headline price of $35 million plus an uncapped contingent consideration comprised of a three-year earn-out based on the performance of MedAdvisor.
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1 week ago | 
capitalbrief.com | Jassmyn Goh
The news: Fund manager GQG Partners has posted a rise in funds under management (FUM) in April and announced its quarterly dividend. The numbers: During April, its FUM rose 1.05% to US$163.6 billion ($255.86 billion) from March while net flows were at US$1.4 billion. Year-to-date its net flows have totalled US$6 billion. All its segments experienced FUM growth except its global equity segment, which fell to US$39.9 billion from US$40 billion.
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1 week ago | 
capitalbrief.com | Jassmyn Goh
The news: An undisclosed investor is seeking to acquire up to 5% of shares in Webjet Group, the company revealed after its share price rocketed over 16% on Thursday. The numbers: Webjet said the investor looked to buy 19.6 million shares at a fixed cash price of 80 cents, with the ability to increase the offer size at their discretion. Webjet shares last closed at 80 cents. The online travel company said the undisclosed buyer had an “undisclosed interest below 5%”.
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1 week ago | 
capitalbrief.com | Jassmyn Goh
Skip to content8:47am on 9 May 2025The news: Insurer QBE has reaffirmed its full-year outlook and reported a premium growth of 7% during the first quarter of 2025. Our journalists are working to update this briefing and we will publish more shortly. The source: ASXByLet me know about offers and insider updates. Your email address will be stored in accordance with ourprivacy policy. Let me know about offers and insider updates. Your email address will be stored in accordance with ourprivacy policy.
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1 week ago | 
capitalbrief.com | Jassmyn Goh
The news: The Australian sharemarket closed higher, with Generation Development Group one of the best performers following news that BlackRock is taking a minority stake in the company. The ASX 200 gained 0.16% to end at 8,191.7, with eight out of 11 sectors finishing in green. Biggest movers:GDG (+8.76%) — The company’s subsidiary Generation Life has formed a with BlackRock to launch a retirement product.
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1 week ago | 
capitalbrief.com | Jassmyn Goh
12:46pm on 8 May 2025The news: Lithium miners Pilbara Minerals and Liontown Resources were among the worst performers on the ASX 200 by afternoon trade, as lithium prices fell to their lowest level in four years. The numbers: Pilbara Minerals dropped 4.74% to $1.47, while Liontown Resources fell 4.14% to 53 cents. Lithium prices stood at 66,650 Chinese yuan — the lowest in over four years — as supply continued to outpace demand, according to Trading Economics data.
