Stocks to watch for in December 2020
Stock Market

Stocks to watch for in December 2020

Summary The near-festive season and recent relaxation in restrictions are having a positive effect on consumer sentiments. Woolworth’s 1Q2021 report indicates a significant increase in e-commerce sales. Recce Pharmaceutical’s RECCE...

  • December 02, 2020 08:50 PM AEDT
  • Team Kalkine
ASX 200 Ended in Green; Basic Materials Sector Rose by 1.30%
Market Updates

ASX 200 Ended in Green; Basic Materials Sector Rose by 1.30%

On 2nd December 2020, the equity market of Australia witnessed a marginal rise of 1.70 points to 6590.20. On the same day, the basic materials sector rose by 1.30% and industrials sector increased by 0.60%. Sector Summary (Source: Refinitiv&n...

  • December 02, 2020 07:42 PM AEDT
  • Team Kalkine
This is how Travis Scott is making his millions
World News

This is how Travis Scott is making his millions

Most people would probably know Travis Scott as a hugely successful rapper, songwriter, record label owner, and last but not the least, Kylie Jenner's ex-partner. With his many talents, Mr Scott proves himself to be good at what he is doing, as he...

UK First Nation To Approve Pfizer-BioNTech COVID-19 Vaccine, Roll Out ‘Next Week'
World News

UK First Nation To Approve Pfizer-BioNTech COVID-19 Vaccine, Roll Out ‘Next Week'

In a major development, the United Kingdom on Wednesday became the first nation to approve the Pfizer-BioNTech vaccination for public use. The COVID-19 mRNA vaccine candidate will be rolled out from next week, informed UK health secretary Matt Hancoc...

  • December 02, 2020 06:53 PM AEDT
  • Team Kalkine
Policy Support a Shot in the Arm for ASX listed Real Estate Companies
Stock Market

Policy Support a Shot in the Arm for ASX listed Real Estate Companies

Fiscal conservatism was running through the veins of Scott Morrison & Co. before the pandemic struck Australia. Legislators were eyeing a budget surplus year after a long time.  In the advent of the pandemic, the Federal Government was forc...

  • December 02, 2020 06:44 PM AEDT
  • Team Kalkine
Kingstone Resources (ASX:KSN) Receives High-Grade Results from Livingstone Gold Project
Stock Market

Kingstone Resources (ASX:KSN) Receives High-Grade Results from Livingstone Gold Project

Kingstone Resources Limited (ASX:KSN) has received high-grade gold intercepts at the Homestead prospect. The Company expects the development to pave the way for upgrading its existing JORC 2004 Inferred Resource. The high-grade assay results are fro...

  • December 02, 2020 06:33 PM AEDT
  • Team Kalkine
Invictus Energy Limited (ASX:IVZ) gives a lowdown on progress at Cabora Bassa Project
Oil & Gas Stocks

Invictus Energy Limited (ASX:IVZ) gives a lowdown on progress at Cabora Bassa Project

Summary Invictus Energy Limited is advancing activities at its 80% owned and operated Cabora Bassa Project in Zimbabwe. Field operations and reconnaissance program have concluded, Production Sharing Agreements (PSA) with the Republic of Zimbabw...

  • December 02, 2020 06:23 PM AEDT
  • Team Kalkine
Zelira Therapeutics’ (ASX:ZLD) September Quarter celebrates key milestones
Healthcare Stocks

Zelira Therapeutics’ (ASX:ZLD) September Quarter celebrates key milestones

Summary During September quarter, Zelira Therapeutics achieved significant milestones marking its successful transition to the ‘Launch, Learn and Develop’ model. Key developments include the launch of Zenivol™ in Australia and...

Zelira Therapeutics (ASX:ZLD) sinks its teeth into US Oral Care Market with CBD toothpaste
Healthcare Stocks

Zelira Therapeutics (ASX:ZLD) sinks its teeth into US Oral Care Market with CBD toothpaste

Summary Zelira Therapeutics forays into the US oral care market by launching CBD toothpaste in partnership with US-based SprinJene®. The new CBD toothpaste will be Zelira’s first Over-the-Counter formulation. Further, the discussions...

The ABCs of Gold Investing & A Bird’s Eye View on Golden State Mining (ASX:GSM)
Metal & Mining Stocks

The ABCs of Gold Investing & A Bird’s Eye View on Golden State Mining (ASX:GSM)

Summary The pandemic-induced volatility has increased the demand for gold-related stocks as investors rush for the yellow metal which is considered as a safe haven.  Several key aspects should be considered before selecting a gold stock.&n...

Why is RBA keeping interest rates at a record-low?
Economy

Why is RBA keeping interest rates at a record-low?

The Reserve Bank of Australia (RBA) has agreed to retain the record-breaking low interests rates at 0.1 per cent for the remaining weeks of this year. However, the RBA did warn about a slow recovery caused by the coronavirus pandemic. On a Melbour...

Podium Minerals’ Parks Reef Witnesses a Substantial Increase of Mineral Resource
Metal & Mining Stocks

Podium Minerals’ Parks Reef Witnesses a Substantial Increase of Mineral Resource

Summary Podium Minerals’ recent drilling has delivered a growth of 22% in the 3PGM Mineral Resources to 1,390,000 ounces and a 44% increase in Copper to 53,900 tonnes at the Parks Reef project. The resource upgrade includes results from R...

  • December 02, 2020 04:47 PM AEDT
  • Team Kalkine
Creso Pharma (ASX:CPH) wins 3 POs for anibidiol® products, reflects growing EU demand
Stock Market

Creso Pharma (ASX:CPH) wins 3 POs for anibidiol® products, reflects growing EU demand

Summary Creso Pharma has received three purchase order worth A$414k for anibidiol® products, bringing the total purchase order generated by animal health segment in 2020 to ~A$975k. The current orders would be shipped to the commercial part...

Syrah (ASX:SYR) just a step away from vertical integration of Balama project
Stock Market

Syrah (ASX:SYR) just a step away from vertical integration of Balama project

Summary Syrah progresses to vertically integrate upstream Balama project with downstream Vidalia project for expansion. Bankable Feasibility Study affirms solid business case for Syrah's natural graphite Active Anode Material creation at Vidali...

How REFFIND’s (ASX:RFN) WooBoard Can Help Smash Employee Recognition Myths
Technology Stocks

How REFFIND’s (ASX:RFN) WooBoard Can Help Smash Employee Recognition Myths

Summary Employers do recognise the need for employee recognition and rewards but may end up resorting to age-old myths. Few common myths include a lack of conscience for employee recognition and delayed recognition. REFFIND Limited’s Woo...

  • December 02, 2020 04:08 PM AEDT
  • Team Kalkine
Why are Australians switching to 5G phones?
Communication Stocks

Why are Australians switching to 5G phones?

Summary Australians are racing towards buying 5G handsets, as the telecom revolution is knocking on the door across the globe. Many have joined 5G phone plans with Vodafone, Optus, and Telstra, which are the most significant 5G providers in the...

Australian economy returns to growth in September quarter
Economy

Australian economy returns to growth in September quarter

The Australian economy bounced out of recession as the economy expanded by 3.3 per cent in the September quarter. The gross domestic product (GDP) growth had contracted 7 per cent in the June quarter, the worst in Australian Bureau of Statistics (A...

BHP inks deal with Shell to power LNG carriers
Commodities

BHP inks deal with Shell to power LNG carriers

As a pledge to reduce carbon emission, BHP (ASX:BHP), a global resource company with dual listing in the UK and Australia, has signed an agreement with Shell to fuel five LNG powered Newcastlemax bulk carriers. LNG powered carrier vessels which BH...

Lynas (ASX:LYC) Scales Another All-time High, What You Need to Know?
Commodities

Lynas (ASX:LYC) Scales Another All-time High, What You Need to Know?

Lynas Rare Earths Limited (ASX:LYC) or formerly known as Lynas Corporation Limited has climbed the ASX price ladder swiftly with the stock now reaching a new all-time high of $3.870 (as on 2 December 2020 12:36 PM AEDT). Lynas has been on a continuo...

  • December 02, 2020 01:59 PM AEDT
  • Team Kalkine
CFD trading explained
Digital

CFD trading explained

Trading Contracts For Differences means that you bargain prices that derive from the fundamental market, but not on the fundamental market itself. Over the years, this has become a popular type of trading because it lets traders: make funds grow with...

Why is Sandfire Resources (ASX:SFR) the best performing stock on ASX 200 today?
Stock Market

Why is Sandfire Resources (ASX:SFR) the best performing stock on ASX 200 today?

Sandfire Resources Limited (ASX:SFR) has witnessed a quick jump in its share price after posting three exciting announcements on the exchange. The stock is the best performer on ASX 200. SFR rose ~ 19.40 per cent in two trading sessions to reach the...

BetMakers (ASX:BET) secures funding for Sportech assets
Stock Market

BetMakers (ASX:BET) secures funding for Sportech assets

Summary Institutional investors have backed the proposed acquisition by BetMakers with a commitment of $50 million.  BetMakers looks to scale its presence in the B2B betting market with this proposed acquisition.  BetMakers Techn...

Z1P (ASX: Z1P) posts record results in November trading update
Stock Market

Z1P (ASX: Z1P) posts record results in November trading update

Summary Company posted record transaction volume in November at A$577.1 million, up 44 per cent from October. The app recorded 581,000 downloads last month and finished at 16th spot in the shopping category in the US App store. The stock is tr...

  • December 02, 2020 01:19 PM AEDT
  • Team Kalkine
Ether up 4x this year, all eyes on Ethereum 2.0
Cryptocurrency

Ether up 4x this year, all eyes on Ethereum 2.0

While the most popular cryptocurrency bitcoin is soaring high nowadays, Ether, the world's second-biggest virtual currency by market value, is following the trend. It is up more than 4x this year. Since the beginning of the year, cryptocurrency has b...

2020’s Much-awaited Airbnb IPO Set to Launch In December!
World News

2020’s Much-awaited Airbnb IPO Set to Launch In December!

The famous home rental startup Airbnb Inc said on Tuesday that it intends to price its shares at USD 44 to USD 50 per share in its IPO, for a valuation of up to USD 34.8 billion in its initial public offering (IPO). The company is prepared to sell ...

  • December 02, 2020 01:09 PM AEDT
  • Team Kalkine
Raising a glass against China: IPAC urges world to drink Australian wine
Economy

Raising a glass against China: IPAC urges world to drink Australian wine

International parliament members from several political parties have joined forces to “stand against repressive bullying” as a response to China’s raising of wine tariffs for Australia. Several MPs from the Inter-Parliamentary Al...

Laybuy (ASX: LBY) clocked NZ$71 million of GMV in November
Technology Stocks

Laybuy (ASX: LBY) clocked NZ$71 million of GMV in November

On 2 December 2020, Laybuy Group Holdings Limited (ASX: LBY), a significant player in buy now pay later (BNPL) in New Zealand has released its November 2020 update. Due to the increasing popularity of the company growing amongst consumers, it has e...

  • December 02, 2020 12:50 PM AEDT
  • Team Kalkine
Mount Burgess (ASX:MTB) Advancing Well on Two Polymetallic Deposits
Metal & Mining Stocks

Mount Burgess (ASX:MTB) Advancing Well on Two Polymetallic Deposits

Summary Mount Burgess Mining NL (ASX:MTB) conducted its 2020 virtual Annual General Meeting on 30 November 2020. Developing the Kihabe – Nxuu Zinc/Lead/Silver/Germanium & Vanadium Project, Mount Burgess remains focussed on developing ...

Why is Atomos (ASX:AMS) under the spotlight?
Stock Market

Why is Atomos (ASX:AMS) under the spotlight?

Summary Global video technology company, Atomos Limited (ASX:AMS) is on track to surpass A$28 million revenue for F1 FY21. The company reported its second quarter sales of FY21 at the pre-coronavirus levels, much ahead of its guidance made earl...

Salesforce to acquire Slack Technologies, Signs a Definitive Agreement
World News

Salesforce to acquire Slack Technologies, Signs a Definitive Agreement

Salesforce (NYSE:CRM) has signed a definitive agreement with the innovative enterprise communications platform, Slack Technologies, Inc. (NYSE:WORK) under which Salesforce would acquire Slack. Salesforce is a leading CRM business that allows busines...

  • December 02, 2020 12:20 PM AEDT
  • Team Kalkine
Westpac (ASX:WBC) offloads General Insurance biz for $725mn
Stock Market

Westpac (ASX:WBC) offloads General Insurance biz for $725mn

Summary Westpac is also targeting lean structure as it is now engaged in selling off non-core business. A separate division is being led by Jason Yetton, who is undertaking strategic reviews of non-core business. Westpac Banking Corporatio...

  • December 02, 2020 12:17 PM AEDT
  • Team Kalkine
Mesoblast (ASX:MSB) Shares Rally After FDA’s Fast Track Designation
Stock Market

Mesoblast (ASX:MSB) Shares Rally After FDA’s Fast Track Designation

Summary Mesoblast said that the US FDA has granted Fast Track designation for its lead product remestemcel-L for ARDS due to COVID-19 infection. With this Fast Track designation, remestemcel-L is eligible for a Biologic License Application. Th...

Collins Foods (ASX:CKF) Delivers 10% Increase in interim dividend
Stock Market

Collins Foods (ASX:CKF) Delivers 10% Increase in interim dividend

Summary Dividends have been slashed as companies have increasingly opted for cash flow resilience in the wake of a crisis.  KFC Australia continues to remain a cash cow for Collins Foods, accounting for a majority of revenue and earnings.&...

OPEC+ Delays Production Cut Decision, November Rally Halts
Commodities

OPEC+ Delays Production Cut Decision, November Rally Halts

The crude oil market finally hits a limbo with prices of Brent futures struggling around USD 50 mark to trade in a range from USD 49.00 per barrel to USD 48.00 per barrel after showing an immense recovery. Image Source: © Kalkine Group 2020 ...

  • December 02, 2020 11:49 AM AEDT
  • Team Kalkine
Humm (ASX:HUM) and Douugh (ASX:DOU) join hands for BNPL launch in US
Stock Market

Humm (ASX:HUM) and Douugh (ASX:DOU) join hands for BNPL launch in US

Summary Humm and Douugh have entered into a partnership to launch a BNPL offering for the US market. The BNPL solution by the joint venture will provide a line of credit up to US$1000, repaid in six payments. Humm to infuse A$12 million into D...

  • December 02, 2020 11:42 AM AEDT
  • Team Kalkine
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