ASX Market Close: Virgin soars on IPO | June 24, 2025

The ASX 200 climbed around +1% higher in intra-day trade.Virgin Australia (ASX:VGN) is back on the boards and traded up to 10% higher than its IPO price of $2.90 per share.Financials, Materials, and IT were the strongest performing sectors @ all up more than 1.5% in afternoon trade.In the GreenRi...

'Outperforming' Metcash books profits lift – even as illegal tobacco rocks sales

Metcash (ASX:MTS) has continued its growth trajectory with its latest results, booking an 8.9% lift in annual sales, to $17.3 billion, alongside a 10% increase in net profit to $283 million for the year ending April 30.Listen to the HotCopper podcast for in-depth discussions and insights on all t...

Virgin joins Greatland, VBX Ltd as IPO market heats up ahead of FY26

After much ado, Virgin Australia (ASX:VGN) has finally listed, again, on the ASX after going bankrupt during COVID.

Sparc opens small-scale green H2 plant in SA, but liquidity dried up

Sparc Technologies (ASX:SPN) has revealed it's hosting an opening 'ceremony' for its small-scale green hydrogen plant on-site...

Profits after tax down -88%, and shares rocket – what's going on with Collins?

Collins Foods (ASX:CKF), which operates KFCs in Australia, has revealed its statutory profit after tax fell -88%...

Bullish Brookside expands with fifth DSU at 'highly sought after' American oil and gas field

Australian oil and gas junior Brookside Energy (ASX:BRK) has this week secured a fifth Drilling Space Unit (DSU) for its SWISH Play in the Anadarko Basin in Oklahoma, boosting drill inventory at the acreage by as much as 26%.Listen to the HotCopper podcast for in-depth discussions and insights on...

Many Peaks accelerating gold hunt in Côte d'Ivoire after assay 'justification'

Many Peaks Minerals (ASX:MPK) is ramping up its digging run with more targets in Côte d’Ivoire after positive assay results from its Ferke project confirmed the presence of a @robust and quickly expanding” gold system.Listen to the HotCopper podcast for in-de...

ASX Market Open: Futures rocket on 'total and complete' Israel-Iran ceasefire | June 24

This morning will see a +0.94% boom for Australian shares when trading opens after U.S. President Donald Trump declared a @complete and total ceasefire” had been agreed between Israel and Iran and will begin in coming hours.Listen to the HotCopper podcast for in-depth discus...

Markets were expecting Trump to bomb Iran. It's just another new normal

This weekend’s news, that the U.S. had bombed Iran, may have shocked some, but it didn’t quite shock markets. Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.Pe...