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ASX 200 Ended in Red As Energy Sector Witnessed a Decline
Market Updates

ASX 200 Ended in Red As Energy Sector Witnessed a Decline

On November 27, 2020, S&P/ASX200 ended the session in red as there was a fall of 35.30 points or 0.53% to 6601.10. On the same day, real estate sector rose by 0.50%. On the flip side, energy sector witnessed a decline of 1.57% and utilities secto...

  • November 27, 2020 09:15 PM AEDT
  • Team Kalkine
As China raises tariffs, Australian wine industry may feel the heat
World News

As China raises tariffs, Australian wine industry may feel the heat

The Chinese government has introduced new taxes for the Australian wines, putting a high risk to the A$1.2 billion annual business. The new tariffs will be effective from tomorrow. The news came after China’s drink industry accused Australia...

Vestas, Global Power Score A 328 MW Deal for 2 Wind Projects
Economy

Vestas, Global Power Score A 328 MW Deal for 2 Wind Projects

Vestas has joined hands with Global Power Generation to sign a 328 MW deal for two wind projects in Victoria, Australia. Image Source: © Kalkine Group 2020 Vestas is the worldwide partner for energy industry on sustainable energy solutions...

Middle Island Resources (ASX:MDI) Delivers Great Show in 2020 Exploration Program
Gold Stocks

Middle Island Resources (ASX:MDI) Delivers Great Show in 2020 Exploration Program

Summary Middle Island Resources Limited (ASX:MDI) has recently released its Annual General Meeting (AGM) presentation on the ASX. The presentation outlines the Company’s progress in 2020 exploration program, which has been extremely succe...

  • November 27, 2020 06:40 PM AEDT
  • Team Kalkine
What is Amazon Pharmacy, and could it work in Australia?
World News

What is Amazon Pharmacy, and could it work in Australia?

Retail titan Amazon (NASDAQ:AMZN) launched a new project earlier this month that could provide the company with a multi-billion dollars opportunity – Amazon Pharmacy. An expert suggested that the opportunity could be even more significant, wo...

Trump comes closest to compromise; says will leave White House if Biden gets electors’ nod
World News

Trump comes closest to compromise; says will leave White House if Biden gets electors’ nod

Current US President Donald Trump said in a recent interview that he would peacefully leave the White House if president-elect Joe Biden gets voted for by the Electoral College. Mr Trump had not previously admitted anything related to his defeat i...

Australia’s Treasury Wine takes a spill as China imposes tariffs
Economy

Australia’s Treasury Wine takes a spill as China imposes tariffs

Treasury Wine Estates Limited (ASX:TWE) has requested the exchanges for a trading halt today over the provisional anti-dumping measures imposed by China on Australian wine imports. The Company is currently reviewing the details of the provisional ant...

Bluechiip Limited (ASX: BCT) presented a host of developments in its AGM
Stock Market

Bluechiip Limited (ASX: BCT) presented a host of developments in its AGM

Summary Bluechiip Limited has faced challenges due to limited engagement with customers, end-users, and OEMs during the pandemic. However, the company was able to cut cost, focus on newer opportunities and strengthened its supply chain during t...

Say Cheese! Bega Cheese (ASX:BGA) shares rise on Lion Dairy acquisition
Stock Market

Say Cheese! Bega Cheese (ASX:BGA) shares rise on Lion Dairy acquisition

Summary BGA shares quoted higher after trading resumed this morning. Investors are cheering the recent acquisition news. The transaction underscores the commitment to become a great Australian food company, says Bega Cheese.  Bega Che...

  • November 27, 2020 04:17 PM AEDT
  • Team Kalkine
REFFIND (ASX:RFN) raises $1.75 Million to fund WooBoard
Technology Stocks

REFFIND (ASX:RFN) raises $1.75 Million to fund WooBoard

Summary REFFIND Limited has received commitments from sophisticated and professional investors for raising a total of $1,750,000. Funds will be used for the development of WooBoard and meeting working capital needs. Significant optimism surrou...

Creso Pharma (ASX:CPH) anticipates game-changing TGA decision in December
Stock Market

Creso Pharma (ASX:CPH) anticipates game-changing TGA decision in December

Summary TGA’s final decision regarding a significant regulatory change for CBD products distribution in Australia is anticipated in December 2020. Down-scheduling CBD products could lead to substantial market opportunities for Creso Pharm...

  • November 27, 2020 03:31 PM AEDT
  • Team Kalkine
HWL Ebsworth calls off IPO
Stock Market

HWL Ebsworth calls off IPO

After a few months of hardship to get itself listed, the law firm HWL Ebsworth finally called off its IPO. The Company took this decision after it trimmed down the IPO to $151.4million. HWL Ebsworth cancelled the IPO yesterday without any new plans...

Financial Review Young Rich List: Zoë Foster Blake makes her debut
World News

Financial Review Young Rich List: Zoë Foster Blake makes her debut

Australian Financial Review has released the list of young entrepreneurs below 40 years. Interestingly, the top five young entrepreneurs are from the technology sector. Let us look at the top five wealthiest young entrepreneurs in Australia are: ...

  • November 27, 2020 02:49 PM AEDT
  • Team Kalkine
Andromeda Metals (ASX:ADN) Upgrades Mineral Resource at Great White Kaolin Deposit
Stock Market

Andromeda Metals (ASX:ADN) Upgrades Mineral Resource at Great White Kaolin Deposit

ASX-listed industrial minerals explorer Andromeda Metals Limited (ASX:ADN) has updated its Mineral Resource estimate for the Great White Kaolin Deposit near Poochera on the west coast of Eyre Peninsula. The Great White Deposit is one of the several ...

Proposed NSW Property Tax Regime: Stamp Duty Dilemma
Economy

Proposed NSW Property Tax Regime: Stamp Duty Dilemma

New South Wales treasurer Dominic Perrottet recently announced the proposal to move towards a new property tax regime. This regime would allow taxpayers to choose between paying a lump sum stamp duty while purchasing a property or paying an annual ...

Sovereign Hill Launches 20-Year Master Plan to Celebrate Golden Jubilee
Economy

Sovereign Hill Launches 20-Year Master Plan to Celebrate Golden Jubilee

The open-air museum in Golden Point and the historical landmark, Sovereign Hill, has unveiled a master plan for the next two decades. The 20-year Master Plan includes four phases to be delivered between 2021 and 2030. Gold will continue to play a cr...

  • November 27, 2020 02:09 PM AEDT
  • Team Kalkine
Victoria Emerges as the Warrior Against Corona War
Economy

Victoria Emerges as the Warrior Against Corona War

Victoria seems to have emerged from the disastrous second coronavirus wave. The state has recorded no new coronavirus cases for the 28th consecutive day. According to the epidemiologists, Victoria has met the official definition of COVID-19 eradic...

  • November 27, 2020 01:38 PM AEDT
  • Team Kalkine
US online real estate player Compass plans to go public
World News

US online real estate player Compass plans to go public

Compass, a new age property broker, is believed to have hired investment bankers to take the company public, according to reports. It uses technology and talent to deliver real estate broking services in the US markets, operating across coasts and...

eSense-Lab (ASX:ESE) to Commercialise Alcohol-free Terpene Sanitiser
Stock Market

eSense-Lab (ASX:ESE) to Commercialise Alcohol-free Terpene Sanitiser

Summary eSense is working towards developing a superior organic sanitiser providing extra protection against bacteria and viruses. The Company tested two proprietary terpenes profiles, TRP-ENV and TRP-COV, to ascertain their anti-viral activity...

Will the November boom in equity markets and bitcoin continue in December 2020?
Stock Market

Will the November boom in equity markets and bitcoin continue in December 2020?

Summary The markets are already charged up with ASX reaching near nine months high this week and Dow Jones hitting an all-time high, breaching 30,000 mark. The entire month of November and mid-October was full of events which kept on fueling th...

K2fly Bags Prestigious SAP Endorsed App Certification
Technology Stocks

K2fly Bags Prestigious SAP Endorsed App Certification

The ASX-listed technology company, K2fly Limited (ASX:K2F), has clinched a crucial milestone to support its Software as a Service (SaaS) offerings globally. K2fly has now become the first in the Mining Industry Business Unit to have comp...

Cokal (ASX:CKA) Showcases the Growth Mantra at the AGM 2020
Metal & Mining Stocks

Cokal (ASX:CKA) Showcases the Growth Mantra at the AGM 2020

The ASX listed metallurgical coal miner Cokal Limited (ASX:CKA) released the company presentation at the Annual General Meeting (AGM) 2020. CKA used the opportunity to provide the project updates and timeline for commercial production. The Company ...

  • November 27, 2020 11:43 AM AEDT
  • Team Kalkine
Cokal Limited Touching New Horizon in Metallurgical Coal Market
Metal & Mining Stocks

Cokal Limited Touching New Horizon in Metallurgical Coal Market

Summary Global metallurgical coal trade is expected to fall to 296 MMT in 2020, 12% lower than the previous year amid the slower economic activities due to COVID-19 as per REQ September update. The metallurgical coal industry is expected to bou...

After an upbeat FY20, will Saunders International (ASX:SND) continue the happy journey in FY21?
Industrial Stocks

After an upbeat FY20, will Saunders International (ASX:SND) continue the happy journey in FY21?

Summary Saunders International (ASX:SND) returned to profitability in FY20, with improvement in revenue and profit, generated from the expanded range of services offered to clients. The Company seems well positioned for growth, with positive ou...

Variscan Mines (ASX:VAR) Embarks on ~2,000m Drilling Programme at San-Jose Novales Mine
Metal & Mining Stocks

Variscan Mines (ASX:VAR) Embarks on ~2,000m Drilling Programme at San-Jose Novales Mine

Summary Variscan Mines Limited (ASX:VAR) has commenced initial ~2,000m drilling programme at San Jose-Novales mine. The Company intends to finalise the proposed drilling campaign in two phases of 1,000m, either side of the Christmas period. An...

  • November 27, 2020 11:25 AM AEDT
  • Team Kalkine
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