QBE Insurance Group Ltd Stock Forum

ASIC has commenced court proceedings alleging QBE Insurance (Australia) Limited (QBE) misled customers about the value of discounts offered on certain general insurance products. $QBE Insurance Group Ltd (QBE.AU)$

$QBE Insurance Group Ltd (QBE.AU)$, Australia's largest insurer, announced its decision to withdraw from $US500m of North American middle-market business in a market update on Wednesday. The move includes the termination of up to 150 staff and is aimed at refocusing on "those businesses which hold more meaningful market position, relevance, and scale". The news caused QBE shares to drop by 4.3% on Wednesday, ending at...

• Top gainers: $Telix Pharmaceuticals Ltd (TLX.AU)$, $Light & Wonder Inc (LNW.AU)$, $Mirvac Group (MGR.AU)$
• Top losers: $Beach Energy Ltd (BPT.AU)$, $QBE Insurance Group Ltd (QBE.AU)$, $Reliance Worldwide Corp Ltd (RWC.AU)$
Market Performance
Australia's $S&P/ASX 200 (.XJO.AU)$ closed 0.1% lower at 7769.7, giving back some of the gains from the previous day. Despite a positive lead by U.S. equities, the benchmark index spent most ...

• Top gainers: $Beach Energy Ltd (BPT.AU)$ $Boss Energy Ltd (BOE.AU)$ $Ballymore Resources Ltd (BMR.AU)$
• Top losers: $Summerset Group Holdings Ltd (SNZ.AU)$ $Light & Wonder Inc (LNW.AU)$ $Meridian Energy Ltd (MEZ.AU)$
Market Performance
Australia's $S&P/ASX 200 (.XJO.AU)$ closed 0.35% higher at 7749.0, rounding out a third consecutive weekly gain. The benchmark index rebounded from the prior ...

G'day, mooers! Check out the latest news on today's stock market!
• Wall Street indexes rose Thursday, Dow notches 7th consecutive day of gains
• ASX gain, Suncorp and QBE retreat after results
• Stocks to watch: Suncorp Group, QBE, Helia, Metcash, Life360
Wall Street Summary
The $Dow Jones Industrial Average (.DJI.US)$ gained more than 300 points Thursday afternoon and the $S&P 500 Index (.SPX.US)$ and $Nasdaq Composite Index (.IXIC.US)$ ro...

$Aurizon Holdings Ltd (AZJ.AU)$ shares have reached a 52-week high of $4.02.
$Brambles Ltd (BXB.AU)$ shares hit a 52-week high of $16.23.
$Goodman Group (GMG.AU)$ shares climbed to a record high of $34.03.
$Harvey Norman Holdings Ltd (HVN.AU)$ shares have reached a two-year high of $5.10.
$Lovisa Holdings Ltd (LOV.AU)$ shares have printed a new record high of $33.22.
$Macquarie Group Ltd (MQG.AU)$ shares hit a 52-week high of $200.25.
$Northern Star Resources Ltd (NST.AU)$ shares ar...

With earnings season out of the way in the US and Australia the focus for investors has once again moved on to economic data and commodity price action.
Last week we saw Eurozone and US markets briefly make new record highs before closing off those highs on the back of a slightly hotter than expected US inflation report and messy US retail sales data that was below expectations.
The $Dow Jones Industrial Average (.DJI.US)$ fell 0.02%, the $S&P 500 Index (.SPX.US)$ lost 0.13...

G'day, mooers! Check out the latest news on today's stock market!
• Dow Jones ends down over 400 points
• ASX falls; gold stocks jump; Cettire tumbles
• Stocks to watch: ANZ, Magellan Financial Group, Cettire
Wall Street Summary
On Tuesday, U.S. stocks experienced their second consecutive day of decline. Technology shares, particularly $Apple (AAPL.US)$, were under pressure, which contributed to the market's downturn. Investors were also cautious ahead ...

• Top gainers: $Alumina Ltd (AWC.AU)$, $Paladin Energy Ltd (PDN.AU)$, $Telix Pharmaceuticals Ltd (TLX.AU)$
• Top losers: $IGO Ltd (IGO.AU)$, $Mineral Resources Ltd (MIN.AU)$, $Summerset Group Holdings Ltd (SNZ.AU)$
$S&P/ASX 200 (.XJO.AU)$ ended 0.7% lower at 7468.5, even as data out Wednesday showed the lowest inflation reading since January 2022, raising hopes of interest rate cut later this year.
The materials sector led the losses, falling 2...