News

Beer in Bullish Zone: Bets for ASX Stocks and boost through Campaigns by CUB
May 28, 2020 10:50 PM AEST| By Kunal SawhneySummary Beer stocks like BEE and GRB have been rallying as consumers stock up on liquor amid coronavirus. However, independent craft beer face challenges. Carlton & United Breweries (CUB) distributed free beer to generate cashflows for fina.....

Would the proposed BNPL regulation be a game-changer? A look at EML Payments
May 28, 2020 10:40 PM AEST| By Team Kalkine MediaRBA, in a media release on 22 May 2020, highlighted the effect of the coronavirus pandemic on the country’s retail payment system. The Payment System Board members indicated that the retail payment providers had dealt well with the amended op.....

Is COVID-19 Australia’s Cue to Strengthen the Manufacturing Sector?
May 28, 2020 10:30 PM AEST| By Hina ChowdharySummary Manufacturing is a vital part of the economy and has survived several challenges On the back of rebalances in its sectors, products, technologies, and supply chains, the industry has streamlined its stance The current pandemic is prope.....

EIA Forecasts Brent Crude Oil Prices to Average USD 34 Per Barrel in 2020
May 28, 2020 10:10 PM AEST| By Kunal SawhneyCrude oil prices are rising on the anticipation of the supply crunch instigated by the global oil leaders, including Saudi, Russia, and the United States, and in the status quo, most of the oil-exporting countries have substantially trimmed their p.....

Market Update: Understanding the Performance of Australian Markets
May 28, 2020 10:10 PM AEST| By Team Kalkine MediaS&P/ASX200 ended the session in green on May 28, 2020 as the index witnessed a rise of 1.32% or 76.1 points to 5851.1 and All Ordinaries rose by 1.24% to 5957.8. We will now have a look at the performance of stocks. On May 28, 2020, Nearmap Ltd...

Yank in Top Banks’ Share Prices – Wait, there is still some steam
May 28, 2020 07:28 PM AEST| By Team Kalkine MediaSummary Cyclicals have been gaining investor traction this week. Banks have now somewhat recovered from the March Lows. Ex CBA, big four banks are up over 15% in the last two days. Capital position of the big four banks remains strong. COVID.....

Consumer Discretionary Stocks to Look at PBH, GEM, BGP, JIN, AX1
May 28, 2020 06:26 PM AEST| By Team Kalkine MediaSummary G8 Education: With cash preservation and efficiency improvement initiatives, G8 Education is seeking to navigate current market uncertainties and strengthen its position for future growth opportunities. PointsBet Holdings is experiencin.....

Afterpay Dips from Record High After Fivefold Surge as MUFG Liquidates Position
May 28, 2020 05:33 PM AEST| By Team Kalkine MediaSummary Shares of Afterpay Touch Group Limited (ASX:APT) have been under a consistent rally for quite some time and have provided a price appreciation of over fivefold from the recent low. In the status quo, the stock has reached its all-time h.....

The Tale of Blackmores: Completes $92 million placement, focuses on Asian markets
May 28, 2020 03:19 PM AEST| By Team Kalkine MediaSummary Blackmores raises $92 million via institutional placement; intends to raise ~$25 million through SPP. The Proceeds via the placement would be utilised to fund expansion plans in Asia and to strengthen the balance sheet. The institution.....

Stocks Under the Spotlight - SXY, CRN, MND, PET, NCZ
May 28, 2020 02:06 PM AEST| By Team Kalkine MediaSummary Senex Energy upgraded FY20 production and EBITDA guidance, on the back of underlying strength of its transformed east coast natural gas business With FY20 key focus on the new Curragh mine plan implementation, Coronado Global Resources .....

Billionaires Of Two Different Generation: Warren Buffett & Mark Zuckerberg
May 28, 2020 01:56 PM AEST| By Team Kalkine MediaSummary Mark Zuckerberg has seen his worth top $80 billion, which puts him ahead of billionaire Warren Buffett. While Warren Buffett undertook several sell-offs and portfolio rebalancing amidst COVID-19, Mark saw an upsurge in the FB stock valu.....

5 Biotech Players Racing Against Virus Cure Race
May 28, 2020 01:26 PM AEST| By Team Kalkine MediaSummary US-based drugmaker Gilead is racing against time to develop a treatment for COVID-19 with its anti-viral drug Remdesivir. Gilead’s remdesivir granted regulatory approval by the Japanese Ministry of Health, Labour and Welfare for t.....

5 Growth Stocks that are Investors’ Favourite during COVID-19
May 28, 2020 12:10 AM AEST| By Kunal SawhneySummary A few growth stocks like Amazon, Google, Microsoft, Tesla, etc have consistently been providing the investors with high yields. Pushpay Holdings delivered an exponential return of 24 per cent on YTD basis (as on 26 May 2020). Nanosoni.....

Gush for Gold; How You Should Plan to Play The Consolidation?
May 28, 2020 12:00 AM AEST| By Team Kalkine MediaThe gush for gold is picking heat in the market with gold spot rising further to USD 1,765.94 over the dismal U.S. economic figures and prevailing sentiments concerning the lingering downtrend in the global economy. To Know More, Do Read: .....

A Push to GDP Estimates and Stocks centred around JobKeeper dependency
May 27, 2020 08:38 PM AEST| By Kunal SawhneySummary Banks and travel stocks rally pushing ASX higher on 26 May before a marginal fall a day later. UBS lifted its forecasts to -8.5% and -5.2% for Q2 and FY 2020 amid JobKeeper revision and favourable labour market data. JobKeeper improvem.....

Market Update: How Australian Markets Have Performed on May 27, 2020?
May 27, 2020 07:01 PM AEST| By Team Kalkine MediaIt can be said that the Australian equity markets are sensitive to the performance of the global markets. If global growth is questioned, the markets in Australia might witness some negative impacts. On May 27, 2020, S&P/ASX200 ended the session...

Australian Dollar Soaring Amidst the Green shoots of Recovery
May 27, 2020 05:24 PM AEST| By Team Kalkine MediaSummary The international and domestic outlook fuels Australian currency movement S&P/ ASX 200 rallied by around 3% on 26 May 2020 to close at 5780 points. International Trade Enhancement Prospects are contributing infused hopes to Oz Doll.....

Wisdom from Howard Marks; Whose letters Buffett never Skips
May 27, 2020 04:44 PM AEST| By Team Kalkine MediaSummary Howard Marks coined the term “Second Level Thinking” in his book The Most Important Thing Second Level Thinking is not the Straightforward approach, complex indeed but differentiates the extraordinary investors from the aver.....

Vaccine Update From All Nook and Corners: Where Do We Stand Today?
May 27, 2020 04:23 PM AEST| By Team Kalkine MediaResearchers across the globe are in the race against time for developing a vaccine to defend people from the COVID-19. With more than 5.4 million confirmed cases of COVID-19, the pandemic has destroyed health systems and confined billions of p.....

A Better Charted Recovery for Transport Stocks – TCL, BAP, APE, CAR, ALX
May 27, 2020 04:10 PM AEST| By Team Kalkine MediaSummary With subsiding coronavirus spread and supportive government measures, markets are rebounding and businesses getting back to work Transurban Group resuming several toll activities with gradual reopening Bapcor boosted financial position.....

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