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<WIRE> Vmoto (ASX:VMT) Reports Sales of 4,937 Units in 3Q23, Signifying a Downward Trend

In the third quarter of 2023, Vmoto (ASX:VMT) revealed a total sale of 4,937 units, marking a 58% decrease in comparison to the same period in the previous year.

Despite the weak performance in sales, the company noted positive operational cash flows for the quarter.

Vmoto (ASX:VMT) anticipates that the current economic climate in Europe will continue to negatively impact its sales performance in the short term.

However, it remains confident about the global long-term trend towards electric vehicle (EV) products, which stays robust.

Vmoto (ASX:VMT), the renowned international scooter manufacturer, focuses primarily on high-quality electric powered two-wheel vehicles.


<WIRE> Perenti (ASX:PRN) Rises on Share Buy-Back Program

Shares of Australia’s Perenti (ASX:PRN) rise as much as 2.5% to A$1.03, setting a record for its largest gain since October 2.

The diversified mining services provider recently launched an on-market share buy-back program.

The announced buy-back program intends to purchase up to 60 million shares.

The company’s stock has endured a rough year, having fallen 24% as of its last closing.

Perenti is a diversified mining services provider based in Australia.


<WIRE> Genex Power (ASX:GNX) Gains on Supply Deal with Fortescue

Genex Power stocks have seen a 10.3% rise, reaching A$0.16, which could potentially mark the company’s best peformance since late August.

The increase appears to be a result of an agreement with iron ore company Fortescue, in which Fortescue has committed to buy power from the Bulli Creek Solar and Battery Project for the coming 25 years.

This deal stipulates an offtake of up to 337.5 MW of solar energy from the project.

Following this development, the value of GNX stocks has now reached its highest level since September 26, with a year-to-date increase of 7.4% until the most recent closing.

Genex Power is a company specialising in energy and storage.



<WIRE> Australian Energy Stocks Thrive Amid Oil Supply Disruption Concerns: Woodside Energy (ASX:WDS) and Others Gain

Oil prices have recently climbed more than $3 a barrel as a result of heightened political uncertainty in the Middle East, particularly due to escalated military opposition between Israeli and Hamas forces.

As a consequence, Australian energy stocks have begun to experience an upward trend.

Sector heavyweight Woodside Energy (ASX:WDS) has shared a noteworthy leap of 3.4%, setting up a promising expectation to record their best day since June 16, should current gains maintain their position.

Other companies have also shown positive performance: Santos (ASX:STO) witnessed a 2.7% rise, Origin Energy (ASX:ORG) reported a 0.5% uptick, and Beach Energy (ASX:BPT) notably saw as much as a 4% increase.

Overall, the sub-index has declined by 1.2% this year, when measured against the last closing.

Woodside Energy is a prominent company specializing in the oil and gas industry.


<WIRE> Australian gold stocks (ASX:NCM) jump most in nearly 3 months on strong bullion prices

Australian gold stocks recorded a significant jump of as much as 5% in their largest intraday percentage gain since July 13.

This upswing marks the sub-index’s fourth consecutive session gain.

This surge correlates with the bullion prices climbing higher as well.

Gold prices were last recorded an increase of 0.8%, marking its growth for a second session.

Newcrest Mining (ASX:NCM) observed a considerable jump of almost 4.9%, posting its greatest intraday percentage gain since April 11.

Simultaneously, Northern Star Resources (ASX:NST) also saw a jump of as much as 5.9%, making this its largest intraday percentage gain since July 13.

Subsequently, the sub-index achieved its highest level since September 26.

As of the last close, the sub-index had risen 5.9% year-to-date.

Newcrest Mining (ASX:NCM) is a significant Australian gold mining company.



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<WIRE> Aeris Resources (ASX:AIS) Sees Rise in Share Value Following Increased Quarterly Production

Shares of Australia’s Aeris Resources (ASX:AIS) experienced an upturn of up to 3% to reach A$0.170.

The copper-gold explorer company has announced a rise in quarterly copper production from its Tritton mine, with output figures reported as 5.2 thousand tonnes (kt), marking a notable increase from the previous year’s yield of 3.8 kt.

Furthermore, the firm has announced that production at its Jaguar mine exceeded expectations, culminating in a total yield of 3.1 kt of zinc.

The site is now under care and maintenance.

Additionally, the company is reportedly exploring opportunities to provide surplus water to other nearby gold operations.

Despite today’s rise, the company’s stock is down by 70.8% this year, according to the last closing figures.

Aeris Resources is an Australian company engaged in the exploration and development of copper and gold mines.



<WIRE> Aussie retailer Myer Holdings (ASX:MYR) sees a rise on appointing new chair

Shares of Australia’s Myer Holdings (ASX:MYR) experienced an increase of as much as 1.9% to A$0.53 following significant board changes.

JoAnne Stephenson, the existing chairman of Myer Holdings steps down after a seven-year tenure.

Ari Mervis, a current executive director, will succeed her as chairman.

This leadership change comes amidst a difficult year for the retailer, which has seen its stock drop by 24.3% following the last close.

Myer Holdings, based in Australia, is a significant retailer specializing in a variety of goods making it a household name.


<WIRE> Jefferies Continues to Anticipate Increased Cash Flow from Life360 (ASX:360), Maintains 'Buy' Rating

Jefferies' analysts continue to project enhanced cash-flow metrics for Life360 (ASX:360).

The brokerage holds onto its ‘buy’ rating for the stock.

It views the San Francisco-based company’s foray into international markets as a positive influencer.

This overseas expansion is predicted to further fuel positive operational leverage.

Out of six analysts, all have rated the stock as ‘buy’ or above, with a median price target of A$10.55, as per LSEG data.

The stock has recorded a 73.1% rise this year up to its last close.

Life360 (ASX:360) is a San Francisco-based company that is currently expanding into international markets.