Alex Gluyas

MST has urged clients to resist snapping up last year’s worst performing ASX stocks as value seekers sift through the rubble in the hope of finding a comeback kid.

State Street Global Advisors, one of the world's largest investors, says gold prices will reach $US3100 an ounce this year, extending a 2024 rally that pushed the precious metal to its biggest annual gain in 14 years.

Investors should resist buying the ASX's mining behemoths despite their cheap valuations because the sector will be hit by subdued global economic growth and softening commodity prices this year, Citi warns.

The Australian super industry's dwindling cash supplies and ballooning exposure to the US sharemarket could leave the nation's multitrillion-dollar

Goldman Sachs expects China's sharemarket to rocket 20 per cent this year despite heightened geopolitical tensions ahead of Donald Trump's inauguration next week sending equities into a bear market.

Wall Street broker Morgan Stanley believes Tesla's share price could soar to $US800 as advancements in autonomous vehicles and the integration of artificial intelligence attract more investor attention to the popular stock.

The number of listings on the Australian Securities Exchange has dropped to the lowest level in almost two decades as companies continue to either abandon or avoid the challenges associated with public ownership.

Sigma Healthcare's $30 billion merger with Chemist Warehouse is expected to shake up the ASX, as it will reduce the weighting of other blue-chip giants that have long dominated the Australian sharemarket.

Major investors are increasingly concerned that the optimism around Donald Trump's return to the White House has become overblown as the president-elect's

Westpac has warned that iron ore prices could collapse 30 per cent this year to around $US70 a tonne when Rio Tinto floods the market with fresh supply, deflating hopes of a sustained rebound for Australia's key export.