Market Analytics28Pro

Corporate Announcements: Reading Company Filings Without Chasing Headlines

Company filings organised by type and by when they landed — during the session, before the open, after the close, or over the weekend.

Most announcements are noise, and the ones that matter have usually already moved the price. Knowing which is which is the whole skill.

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traded volume (grey) vs delivered quantity (green)

What is Corporate Announcements?

Listed companies must disclose material developments through the exchange. That stream includes results, order wins, dividends and splits, mergers and acquisitions, credit rating changes, fund raising, legal matters, operational updates, management changes and exchange queries.

This page organises that stream by category and by timing, and it deliberately avoids colouring anything green or red. That restraint is the design decision that matters most: an order win is not automatically good news for the share price, and a downgrade is not automatically bad. Whether the announcement moves the price depends on what was already expected and already priced in.

The timing labels — filed during the session, before the open, after the close, or over the weekend — matter because they determine who has had a chance to react. An announcement made mid-session has already been traded on by the time you read it. One filed after the close gives you an evening to think.

Good to know

This is context, not a trading signal. The most common mistake with announcement data is treating a headline as a reason to buy something you had not previously analysed.

Why use this tool?

News is the most seductive and least reliable reason most people give for a trade.

Who it is for

Swing traders

Understand why a stock in your watchlist suddenly moved, and whether the reason has legs.

Investors

Track developments in companies you own without reading every filing individually.

Event traders

Separate announcements that create sustained interest from those producing a single-day pop.

Beginners

Learn the single most important lesson about news: by the time you read it, the market has usually finished reacting.

Key benefits

Categorised

Results, orders, corporate actions, credit, capital raising, legal, operations and management, each filterable.

Timing labels

Whether a filing landed in-session, pre-open, after close or over a weekend changes how it will be absorbed.

No colour coding

Nothing is marked good or bad, because the price reaction depends on expectations rather than the headline.

Explains sudden moves

When a watchlist stock jumps, this is usually where the reason is.

Built-in guidance

On-page notes explaining how to read filings and what genuinely deserves attention.

Pairs with flow data

An announcement plus sustained delivery-based buying is a far stronger combination than either alone.

Interface walkthrough

A filterable feed with editorial guidance woven through it.

BreakPoint — Corporate Announcements1234
  1. 1Category filters — Results, order wins, dividends and splits, M&A, credit rating, fund raising, legal, operations, management and exchange queries.
  2. 2Timing labels — In session, pre-open, after close, weekend or simply filed.
  3. 3Announcement feed — What each company filed, with the company name and the filing detail.
  4. 4Reading guidance — Short explanations covering how to read filings, why timing matters and what deserves your attention.

On mobile

Filters wrap into a scrollable row and the feed reads as a simple list, which suits a phone well for an evening review.

How to use Corporate Announcements

Best used in two situations: an evening review, and explaining an unexpected move.

STEP 1
Filter to categories that matter
STEP 2
Check the timing label
STEP 3
Ask what was expected
STEP 4
Look at the reaction, not the headline
STEP 5
Cross-check the flow
STEP 6
Wait for a setup
STEP 7
Use it to explain, not to predict
  1. Filter to categories that matter

    Results, order wins, fund raising and M&A change the business. Routine operational and administrative filings usually do not.

  2. Check the timing label

    An in-session filing has already been traded. A post-close filing gives you time to think before the market reopens.

  3. Ask what was expected

    A good result that was widely anticipated often produces a fall. The surprise relative to expectations drives the price, not the absolute number.

  4. Look at the reaction, not the headline

    Did the stock hold its gains through the session, or give them back? Sustained strength is the informative part.

  5. Cross-check the flow

    Pair the announcement with delivery and volume data. Committed buying following news means far more than a one-day spike.

  6. Wait for a setup

    If the company is genuinely more valuable, there will be another entry. Chasing the first candle after news is the worst available price.

  7. Use it to explain, not to predict

    Its best daily use is understanding why a stock you already follow moved, which improves your judgement over time.

Understanding every field

The categories and labels, and how much attention each deserves.

FieldWhat it tells youHow to use it
Results / EarningsQuarterly or annual financial performance.The most consequential category, but reaction depends entirely on expectations rather than the numbers alone.
Order winsNew contracts or orders received.Judge the size against the company's annual revenue. Many announced orders are immaterial in that context.
Dividends & splitsCorporate actions affecting shareholders directly.Usually mechanical rather than informative, though the signal about management confidence can matter.
M&AMergers, acquisitions and stake changes.Can change the business fundamentally. Frequently the category with the largest and most lasting price impact.
Credit ratingChanges in assessed creditworthiness.Particularly important for leveraged companies, where financing costs materially affect profitability.
Fund raisingRaising capital through equity or debt.Read carefully — capital for expansion is very different from capital raised to service existing debt.
LegalLitigation and regulatory matters.Usually a risk factor rather than an opportunity; check whether the amounts involved are material.
ManagementChanges in senior leadership.Unexpected departures, particularly of a CFO or auditor, deserve more attention than routine appointments.
Exchange queriesThe exchange asking a company to clarify unusual movement.Often follows a sharp price move without visible cause. Treat the stock with caution rather than curiosity.
Timing labelWhen the filing landed relative to the session.Determines who has already reacted and how much of the move you have missed.

Reading the signals

Four ways the market responds to news.

Gap and hold — The stock opens higher and stays there through the session. The market has genuinely repriced the business.
Gap and fade — A sharp open followed by a slide back into the previous range. The news was already priced in or was less material than it looked.
Delayed follow-through — A modest initial move that builds over subsequent sessions. Often the most tradeable pattern, because there is time to enter.
No reaction — Announcement made, price unchanged. The most common outcome, and an important reminder that most filings do not matter.

A worked example

Good news, falling price

A company announces quarterly results showing solid profit growth. The stock opens 4% higher, then slides all day and closes below the previous session's close. Delivery data for the session is unremarkable.

AnnouncementStrong results
Open+4%
CloseBelow prev close
DeliveryOrdinary
TimingAfter close
ReadingPriced in

How to read it

The result was good but the market had already expected it, so those who bought in anticipation used the announcement to sell into the strength others provided. The unremarkable delivery figure confirms nobody was accumulating. The pattern is common enough to have a name — buy the rumour, sell the news — and it explains most cases where a stock falls on good news.

The takeaway

The lesson is that price reacts to surprise, not to quality. A very good result that everyone anticipated is not a surprise.

Best practices

The discipline here is mostly about restraint.

✅ Do this

  • Filter to categories that genuinely change the business.
  • Check the timing label before assuming you are early.
  • Judge order wins against the company's annual revenue.
  • Pair announcements with delivery and volume data.
  • Use it mainly to explain moves in stocks you already follow.

⛔ Avoid this

  • Do not buy a stock you have never analysed because of a headline.
  • Do not chase the first candle after news.
  • Do not assume good news means a higher price.
  • Do not treat routine filings as material.
  • Do not hold through a results announcement in a position you cannot afford to see gap against you.
The most common mistake

Trading the headline rather than the reaction. The announcement is public the moment it appears, and faster participants have already acted. What is still available to you is the information in how the stock behaved afterwards — which is genuinely useful and much less crowded.

Frequently asked questions

They are disclosures companies are required to make through the exchange about material developments — results, orders, dividends, acquisitions, rating changes, legal matters and management changes. They are public and available to everyone simultaneously.

Jargon used on this page, explained

Every technical term above, written for someone who has never traded before.

Insider & Promoter Transactions

Disclosed buying or selling by people who run the company.

Promoters and senior management must legally disclose their transactions in their own company's shares. These filings are public. Consistent buying by insiders is one of the few signals where the buyer genuinely knows the business better than the market does. Selling is noisier — it can simply mean a house purchase or tax planning.

Delivery Percentage

The share of the day's volume that people actually kept.

Not every trade is an investment. Intraday traders buy and sell the same day, so those shares are never delivered to a demat account. Delivery percentage strips those out and shows the share of volume held overnight. High delivery on a rising day suggests genuine accumulation rather than day-trading churn.

traded volume (grey) vs delivered quantity (green)

Volume Spike

A sudden burst of trading far above the recent norm.

A spike says something changed — news, a large buyer, or a technical level breaking. Spikes at the start of a move are usually the beginning of participation. Spikes after a long run, especially with little price progress, often mark the opposite: the crowd arriving late while earlier buyers exit.

average volumevolume spike

Gap Up / Gap Down

Today's open is far away from yesterday's close.

Gaps happen when news arrives while the market is closed, so the first trade of the day prices it in immediately. A gap up on strong volume that then holds its opening range is a sign of real demand. A gap that fills back into the previous day's range within the first hour usually signals the opposite.

Liquidity

How easily you can get in and out at a fair price.

A liquid stock has enough daily turnover that your order does not move the price. Illiquid names look attractive on a scanner because their percentage moves are large, but the spread between buy and sell prices quietly eats those gains, and exiting in a fall can be difficult.

Swing Trading

Holding for a few days to a few weeks.

Swing trading targets one leg of a move rather than every wiggle. Decisions are made after market hours, positions are held overnight, and stops are wider than intraday. For anyone with a job, it is usually the most practical style.

Looking for a term that is not here? The full trading glossary covers every concept used across these guides.