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ASX 200 Ended in Green as Basic Materials Sector Becomes the Top Gainer
Market Updates

ASX 200 Ended in Green as Basic Materials Sector Becomes the Top Gainer

At the close of trading session on 3rd December 2020, the equity market of Australia closed in green as ASX 200 rose by 25.10 points to 6615.30. On the same day, basic materials sector rose by 4.85% and energy sector increased by 1.45%. Sector Sum...

  • December 03, 2020 08:33 PM AEDT
  • Team Kalkine
NSW braces for restrictions to ease despite a new COVID-19 case
World News

NSW braces for restrictions to ease despite a new COVID-19 case

New South Wales Premier Gladys Berejiklian has confirmed that the easing of restrictions scheduled for 7 December 2020 will go according to the plan despite the fact that a quarantined hotel worker was tested Covid-19 positive on 3 December 2020.&n...

  • December 03, 2020 08:13 PM AEDT
  • Team Kalkine
ABS data revealed surge in International trade and housing loan commitments
Economy

ABS data revealed surge in International trade and housing loan commitments

Australia’s seasonally adjusted balance on goods and services surplus surged A$1,641 million to A$7,456 million in October from the previous month. The surplus stood at A$5,815 million in the month of September. The goods and services credits...

  • December 03, 2020 08:06 PM AEDT
  • Team Kalkine
What will Australia’s housing prices look like in 2021?
Economy

What will Australia’s housing prices look like in 2021?

nificant decline due to fewer international students being allowed to the country. With November marking another record-breaking month for higher house prices, the nation’s real estate market may exceed pre-coronavirus levels. Initially, ...

Homeware Hot stocks To Fire Up Your Christmas Season – TPW, NCK, ADH
Stock Market

Homeware Hot stocks To Fire Up Your Christmas Season – TPW, NCK, ADH

The E-commerce companies are reaping benefits of the fundamental shift to e-commerce by resorting to high-growth strategies, investing in technology and data, brand awareness, marketing, and also introducing private label products, to increase its ma...

  • December 03, 2020 06:50 PM AEDT
  • Team Kalkine
Lithium Australia takes a major leap towards producing safe Li battery
Lithium Stocks

Lithium Australia takes a major leap towards producing safe Li battery

Summary Lithium Australia's wholly-owned subsidiary, VSPC, has produced LMFP cathode powders. LMFP batteries have high energy density with an enhanced safety factor, and the cost factor also gets reduced. VSPC also sees LMFP potential in trans...

Building an empire through fitness: who is Emily Skye?
World News

Building an empire through fitness: who is Emily Skye?

Emily Skye is a successful Australian fitness prodigy, who has established a multi-million empire trough her fitness blogging, social media posts, and several business ventures. Ms Skye is one of the pioneers in fitness blogging, as she started po...

NAB Online Retail Sales Index contracts 0.7% in October
Economy

NAB Online Retail Sales Index contracts 0.7% in October

National Australia Bank Limited (ASX:NAB) Online Retail Sales Index contracted in the month of October following strong growth in the previous four months. The index shrank 0.7 per cent in October against a growth of 1.2 per cent in September, on a...

Mount Burgess (ASX:MTB) Unveils Encouraging Results From EDS Test Work On Nxuu Deposit Ore
Metal & Mining Stocks

Mount Burgess (ASX:MTB) Unveils Encouraging Results From EDS Test Work On Nxuu Deposit Ore

Mount Burgess Mining NL (ASX:MTB) has acknowledged the receipt of encouraging test work results from EDS, that conducted bulk Vertical Milling test work in South Africa on the Nxuu Deposit core. Mount Burgess is an Australia-based company focussed...

QEM Limited (ASX:QEM) Gets Boost from Queensland Budget
Oil & Gas Stocks

QEM Limited (ASX:QEM) Gets Boost from Queensland Budget

Summary Queensland state budget outlined long-term economic response towards COVID-19 pandemic, with enhanced focus on enabling mineral explorers to develop mining projects Rent waiver for mineral explorers extended until March 2021; North West...

  • December 03, 2020 05:01 PM AEDT
  • Team Kalkine
VanEck introduces two new corporate bond ETFs based on Moody’s Analytics credit model
World News

VanEck introduces two new corporate bond ETFs based on Moody’s Analytics credit model

On 02 December 2020, VanEck launched two new corporate bond ETFs that are intended to provide investors with new essential tools to improve their investment-grade bond exposures. The two new corporate bond ETFs, VanEck Vectors® Moody’s Anal...

  • December 03, 2020 04:45 PM AEDT
  • Team Kalkine
Australian Vanadium (ASX:AVL) Inks Strategic Offtake MoU With USV
Stock Market

Australian Vanadium (ASX:AVL) Inks Strategic Offtake MoU With USV

Summary Australian Vanadium (ASX:AVL) has signed an MoU with a key US vanadium specialty chemical producer for future vanadium offtake. USV has a robust end-user market base, and the US critical metal markets are actively seeking supply securit...

  • December 03, 2020 04:20 PM AEDT
  • Team Kalkine
Musgrave Minerals (ASX:MGV) Reports High-Grade Gold from Scout Drilling Under Lake Austin, Evolution JV
Gold Stocks

Musgrave Minerals (ASX:MGV) Reports High-Grade Gold from Scout Drilling Under Lake Austin, Evolution JV

Summary Musgrave Minerals (ASX:MGV) has completed Phase 2 regional scout aircore drilling program over Lake Austin - Evolution Joint Venture.  The scout drilling has intersected high-grade gold and defined large gold zones. The two drilli...

  • December 03, 2020 03:44 PM AEDT
  • Team Kalkine
Emyria (ASX:EMD) witnesses Strong Interest from Participants in IBS Study
Stock Market

Emyria (ASX:EMD) witnesses Strong Interest from Participants in IBS Study

Summary Healthcare technology firm Emyria announced that it had received strong interest from potential participants for its IBS study, CALM-GUT. The Company commenced the study after a detailed analysis of its Real-World Evidence (RWE) data as...

Lake Resources in a sounding position amid focus on e-vehicle production
Lithium Stocks

Lake Resources in a sounding position amid focus on e-vehicle production

Summary The global automobile industry is evolving with a major shift towards the electrification of vehicles. World Bank has projected that the production of minerals like lithium, cobalt, and graphite could expand to around 500% by the year 2...

A Glance at Three ASX-listed dividend stocks: SIQ, PDL and PRN
Stock Market

A Glance at Three ASX-listed dividend stocks: SIQ, PDL and PRN

Regular dividend payouts form an essential component of the total return which the shareholder gets from the shares of the companies over time. With the prevailing uncertainty in the market, dividends have become extremely desirable. The fact that pa...

  • December 03, 2020 02:37 PM AEDT
  • Team Kalkine
Macquarie Group (ASX:MQG) taps US-based asset manager for $2.3 billion 
Stock Market

Macquarie Group (ASX:MQG) taps US-based asset manager for $2.3 billion 

Summary Macquarie Group is strengthening its asset management business with a $2.3 billion US-based acquisition.  Macquarie Asset Management, which contributes to the majority of earnings of Macquarie Group, would become a top 25 asset man...

ASX 200 Listed Afterpay (ASX:APT) Hits New Monthly Sales Milestone
Stock Market

ASX 200 Listed Afterpay (ASX:APT) Hits New Monthly Sales Milestone

Afterpay Limited (ASX:APT) has achieved a new monthly sales milestone across the United States, backed by record Black Friday and Cyber Monday numbers. In November 2020, its total underlying sales surpassed $2.1 billion, more than double against the...

  • December 03, 2020 02:19 PM AEDT
  • Team Kalkine
Fortescue, BHP & Rio Share price Zoom reinforced by Iron ore price rally
Stock Market

Fortescue, BHP & Rio Share price Zoom reinforced by Iron ore price rally

Summary Australian miners push the ASX 200 higher. Iron ore prices at seven-year record highs. Demand-supply mismatch helped the surge in iron ore prices. The ASX 200 has opened stronger as the big miners were trading in the green helped ...

Earlier vaccine rollout to rev up Australian recovery
Economy

Earlier vaccine rollout to rev up Australian recovery

The Australian economy has managed to fare well in this stressful time by coming out of its first recession in nearly 30 years. With a GDP growth rate of 3.3% in the third quarter, Australia has started on its journey towards economic recovery. Tre...

Wisetech (ASX:WTC) released its FY21 guidance update
Stock Market

Wisetech (ASX:WTC) released its FY21 guidance update

Summary Technology company released its earnings guidance for FY21. The growth reflects the demand for its software CargoWise amid a volatile situation.  An information technology company, WiseTech Global Ltd (ASX: WTC) share price is...

  • December 03, 2020 01:56 PM AEDT
  • Team Kalkine
Althea (ASX:AGH) Forays into South African Medicinal Cannabis Market
Stock Market

Althea (ASX:AGH) Forays into South African Medicinal Cannabis Market

Summary Althea signed an agreement to import a range of Althea branded finished products in South Africa. With the wholesale contract, Althea bags substantial opportunities in the South African legal medicinal cannabis market. The agreement wi...

Big tech firms making an exit: Is Silicon Valley losing its sheen?
World News

Big tech firms making an exit: Is Silicon Valley losing its sheen?

Silicon Valley, home to many of the world's largest tech companies, seems to be losing its charm among the corporates and tech workers. Recently, a trend has come to light where companies and employees have been observed to be relocating to other p...

BrainChip (ASX:BRN) completes the production design of Akida™
Stock Market

BrainChip (ASX:BRN) completes the production design of Akida™

Summary SNA to complete the physical design and related engineering tasks needed to transfer the full device to TSMC. BrainChip CEO says that company will now move ahead to commercialize the Akida™ NSoC. Applications of Akida™ NSoC...

  • December 03, 2020 01:19 PM AEDT
  • Team Kalkine
FYI Resources (ASX:FYI) and Alcoa Advancing on HPA Project Development Activities
Metal & Mining Stocks

FYI Resources (ASX:FYI) and Alcoa Advancing on HPA Project Development Activities

Summary FYI and Alcoa are in the process of developing FYI’s HPA pilot plant for additional detailed product trials, in line with MOU. FYI’s HPA pilot plant is expected to be re-commissioned by mid-December 2020 subsequent to refurb...

  • December 03, 2020 01:13 PM AEDT
  • Team Kalkine
MyFiziq (ASX:MYQ) to integrate Triage’s AI Technology into CompleteScan SaaS Offering  
Stock Market

MyFiziq (ASX:MYQ) to integrate Triage’s AI Technology into CompleteScan SaaS Offering  

MyFiziq Limited (ASX:MYQ) announced today that it had signed a binding term sheet with Canada-based Triage Technologies Inc. As part of the deal, MyFiziq would integrate Triage’s Artificial Intelligence (AI) “health assistant” techn...

SenSen Networks (ASX:SNS) acquires Snap Network Surveillance for $1 Million
Technology Stocks

SenSen Networks (ASX:SNS) acquires Snap Network Surveillance for $1 Million

Summary SenSen Networks Limited (ASX:SNS) has completed the acquisition of Snap Network Surveillance Pty Ltd. SenSen plans to combine the Snap technology with its exclusive SenDISA platform to provide novel, innovative solutions and products to...

SenSen Networks (ASX: SNS) sees a sensational 2020 despite COVID-19 storm
Technology Stocks

SenSen Networks (ASX: SNS) sees a sensational 2020 despite COVID-19 storm

SenSen Networks Limited (ASX:SNS, OTCQB:SNNSF), has recently released its Annual General Meeting (AGM) presentation 2020 on the ASX. The presentation highlights that SenSen has continued to clock significant growth despite COVID-19 pandemic, with F...

  • December 03, 2020 12:55 PM AEDT
  • Team Kalkine
Kogan.com (ASX:KGN) acquires Mighty Ape for $122.4 million
Stock Market

Kogan.com (ASX:KGN) acquires Mighty Ape for $122.4 million

Summary NZ-based leading online retailer Mighty Ape is acquired by Kogan.com.  com is paying $122.4 million for the transaction based on the enterprise value. Kogan.com Ltd (ASX:KGN) has acquired Mighty Ape – an online retail fo...

Westpac (ASX:WBC) to ramp up risk management after APRA’s review
Stock Market

Westpac (ASX:WBC) to ramp up risk management after APRA’s review

Summary Westpac has entered Court Enforceable Undertaking with APRA to address its risk management issues. Under the terms of the EU, an integrated remediation plan would be made with assigned accountability and specific deadlines. APRA’...

  • December 03, 2020 12:37 PM AEDT
  • Team Kalkine
Meet the leaders: Inside the Executive Team at Alchemy Resources (ASX:ALY)
Metal & Mining Stocks

Meet the leaders: Inside the Executive Team at Alchemy Resources (ASX:ALY)

Summary The competent leadership team has been galvanising Alchemy Resources’ performance over the years. The overarching strategy and judicious decision making have led to the overall success of Alchemy Resources to date. The Company ha...

Why are shark attacks rising in Australia?
World News

Why are shark attacks rising in Australia?

This year has not only been strange due to the coronavirus pandemic but also because of most shark attack-related deaths in the modern age. So far this year, eight deaths have been caused by these sea creatures, the last one reported on 22 Novembe...

Splitit: Record online sales in holiday week boost November performance
Stock Market

Splitit: Record online sales in holiday week boost November performance

Record merchant sales volume (MSV) for Splitit Payments Ltd (ASX:SPT) across holiday shopping week has contributed to exceptional performance for the company in November. Across the week including Black Friday and Cyber Monday, MSV touched US$15.3 ...

Qantas Airways (ASX:QAN) Smiles Over Cross-Border Re-opening
Stock Market

Qantas Airways (ASX:QAN) Smiles Over Cross-Border Re-opening

Qantas Airways Limited (ASX:QAN) released a market update today, highlighting that the re-opening of Australian borders would boost Qantas Group’s financial position and allow the group to return to 68 per cent of the pre-pandemic domestic capa...

  • December 03, 2020 12:10 PM AEDT
  • Team Kalkine
Creso Pharma (ASX:CPH) shares ride high following UN’s cannabis reclassification decision
Stock Market

Creso Pharma (ASX:CPH) shares ride high following UN’s cannabis reclassification decision

Summary Creso Pharma revealed that UN nation has decided to reclassify cannabis as a less dangerous drug. The new cannabis ruling is anticipated to unlock several near-term opportunities for the Company. The new classification indicates a subs...

Whitehaven Coal Limited’s (ASX:WHC) Investors on a Roller Coaster Ride
Stock Market

Whitehaven Coal Limited’s (ASX:WHC) Investors on a Roller Coaster Ride

Whitehaven Coal Limited (ASX:WHC) shares have been on a roller coaster ride off late. The shares are now showing some recovery in the ever-sliding major downtrend. WHC recovered slightly from the levels of $0.830 (intraday low on 4 September 2020) t...

  • December 03, 2020 12:00 PM AEDT
  • Team Kalkine
Walk Through Alchemy Resources' (ASX:ALY) Action-Packed September Quarter
Metal & Mining Stocks

Walk Through Alchemy Resources' (ASX:ALY) Action-Packed September Quarter

Summary Cutting the mustard with its top-notch exploration endeavours, Alchemy Resources marked an impressive quarter with significant progress across its landholdings. At the Karonie Project, RC drilling is underway at the Parmelia Prospect an...

Twenty Seven Co. (ASX:TSC) Reveals Impressive Assay Results from Harmonic Prospect
Metal & Mining Stocks

Twenty Seven Co. (ASX:TSC) Reveals Impressive Assay Results from Harmonic Prospect

Summary Twenty Seven has released assay results for the 1-metre re-split samples from the Harmonic prospect, confirming near-surface, high-grade intercepts with grade up to 8.1 g/t gold. A large soil sampling campaign has been completed on two ...

  • December 03, 2020 11:52 AM AEDT
  • Team Kalkine
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