Archives

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
Filter by categories:
ASX 200 Closed in a Negative Zone, Basic Materials Helped to Restrain Losses
Market Updates

ASX 200 Closed in a Negative Zone, Basic Materials Helped to Restrain Losses

On 22nd February 2021, the equity market of Australia settled in red as ASX200 fell by 0.19% to 6780.90. On the same day, basic materials sector grew by 2.80% while healthcare sector declined the most by 2.23%.   Sector Summary (Source: Refin...

  • February 22, 2021 10:01 PM AEDT
  • Team Kalkine
Rio Tinto’s (ASX:RIO) 2020 Annual Report Marked by Strong Performance
Stock Market

Rio Tinto’s (ASX:RIO) 2020 Annual Report Marked by Strong Performance

Source: Shutterstock Summary Rio Tinto (ASX:RIO) has posted impressive annual results, on the back of supply disruptions and robust Chinese demand. The company registered a significant increase in underlying earnings and free cash flow. Balanc...

  • February 22, 2021 07:41 PM AEDT
  • Team Kalkine
Westgold Resources’ net profit rockets 552% in 1H FY21
Stock Market

Westgold Resources’ net profit rockets 552% in 1H FY21

Source: Shutterstock  Summary Westgold Resources (ASX:WGX) is making waves after registering stunning 1H 2021 results. The company reported strong financial results with a significant increase in profit before income tax, revenue, and gol...

  • February 22, 2021 07:06 PM AEDT
  • Team Kalkine
5 Exciting Penny Stocks in the Consumer Space
Stock Market

5 Exciting Penny Stocks in the Consumer Space

Source: Shutterstock Summary The improving market environment signifies positive signs of an imminent recovery of the economy. Penny stocks remain attractive in the volatile market due to huge earning potential at a low price. Such investment...

  • February 22, 2021 06:48 PM AEDT
  • Team Kalkine
Five Factors Driving Growth Prospects of VRX Silica (ASX:VRX)
Sponsored

Five Factors Driving Growth Prospects of VRX Silica (ASX:VRX)

Summary VRX Silica Limited (ASX:VRX) appears well placed for growth in the coming years. The Company has inched closer to selecting its first offtake partner to underpin the development of its silica sand projects. The construction for Arrowsm...

  • February 22, 2021 06:35 PM AEDT
  • Damini
What fuelled oOh!media’s (ASX:OML) market-leading position in 2020?  
Stock Market

What fuelled oOh!media’s (ASX:OML) market-leading position in 2020?  

Out Of Home recovery, backed by improving audience and market conditions. Shares of oOh!media Limited (ASX:OML) soared 14.478%  to AUD 1.700 on 22 February 2021 following the release of annual report for the 12-month period ended 31 De...

  • February 22, 2021 05:55 PM AEDT
  • Team Kalkine
Beating the odds: 3 stocks that reported 50% profit jump last quarter
Stock Market

Beating the odds: 3 stocks that reported 50% profit jump last quarter

Source: Shutterstock Summary Amid the uncertain market conditions in 2020, some companies withstood the hostile environment and emerged relatively unscathed. Reliance Worldwide, Fortescue Metals, and BlueScope Steel were three such firms that ...

  • February 22, 2021 05:03 PM AEDT
  • Team Kalkine
Jindalee Resources’ (ASX:JRL) Shares Fly Post Positive Metallurgical Results from McDermitt
Sponsored

Jindalee Resources’ (ASX:JRL) Shares Fly Post Positive Metallurgical Results from McDermitt

Summary Jindalee Resources (ASX:JRL) has announced more positive metallurgical testwork results from the McDermitt project. The attrition scrubbing undertaken to produce a beneficiated sample for leaching experiments has improved lithium grades...

  • February 22, 2021 04:24 PM AEDT
  • Damini
Why is Bank of Queensland (ASX:BOQ) buying ME Bank?
Stock Market

Why is Bank of Queensland (ASX:BOQ) buying ME Bank?

Source: Shutterstock Summary Bank of Queensland says 17 cents per share interim dividend is possible after issuing nearly 180 million new shares. It is now embarking on a billion-dollar acquisition of ME Bank, while first-half performance remai...

Why did ASX start the week on a tepid note?
Stock Market

Why did ASX start the week on a tepid note?

Source: Shutterstock Summary After falling sharply in the afternoon, the ASX 200 index has recovered towards the close on Monday.  The materials sector remains the only gainer, while minimal losses were seen in financial, consumer staples...

Surefire Resources (ASX:SRN) Gets PoW Nod for Drilling at Yidby
Sponsored

Surefire Resources (ASX:SRN) Gets PoW Nod for Drilling at Yidby

sults from the survey have highlighted key targets for further regional-scale drill-testing. Western Australia-based explorer Surefire Resources NL (ASX:SRN) is set to undertake a major new RC drilling program at its 100 per cent owned Yidby Roa...

  • February 22, 2021 03:25 PM AEDT
  • Sukriti
Superloop, MNF Group sign multi-year agreement for nbn aggregation services
Stock Market

Superloop, MNF Group sign multi-year agreement for nbn aggregation services

Source: Shutterstock Summary Superloop Limited has secured a multi-year contract with MNF Group’s Symbio to become the exclusive supplier of wholesale nbn aggregation services. The agreement, worth over A$25 million, is Superloop’s...

Tyro Payments turns in bumper half-year results
Stock Market

Tyro Payments turns in bumper half-year results

Source: Shutterstock Summary Fintech firm Tyro Payments recorded a strong half-year performance during 1HFY21, with AUD12.1 billion worth of transactions during the period. Tyro’s e-commerce growth was phenomenal at 376% with AUD14.8 mil...

Cash Rich Resource Stocks Delivering Dividend Bonanza
Stock Market

Cash Rich Resource Stocks Delivering Dividend Bonanza

Source: Shutterstock Summary Commodity prices, from base metal to precious metal have witnessed a healthy surge in prices, Resources companies have delivered good operating performance. Dividend payout ratio has remained healthy increasing th...

  • February 22, 2021 02:56 PM AEDT
  • Team Kalkine
Five ASX 200 shares under the spotlight of earnings season this week
Stock Market

Five ASX 200 shares under the spotlight of earnings season this week

Source : Shutterstock   Summary As the economy recovers from the negative impact of the coronavirus pandemic, ASX-listed companies have started announcing their earnings for the latest reporting season. The latest earnings updates would ...

  • February 22, 2021 02:43 PM AEDT
  • Ashish
Australia begins COVID-19 inoculation with Pfizer-BioNTech’s vaccine
Covid-19

Australia begins COVID-19 inoculation with Pfizer-BioNTech’s vaccine

oll out Oxford-AstraZeneca’s COVID-19 vaccine in early March. Australia commenced its long-awaited mass vaccination program to tackle COVID-19 today, with the frontline healthcare workers and senior citizens getting their first shot of the...

  • February 22, 2021 02:22 PM AEDT
  • Team Kalkine
KGL Resources’ (ASX:KGL) $23.77Mn Equity Raising to Advance Jervois Copper Project
Stock Market

KGL Resources’ (ASX:KGL) $23.77Mn Equity Raising to Advance Jervois Copper Project

Source: Shutterstock KGL Resources Ltd (ASX:KGL) is trading higher on the ASX, after announcing an equity raising program. The company has successfully closed a strategic institutional placement worth ~ $12 million and has unveiled a 1 for 13 non-re...

Canada-based Geothermal Start-up Bags USD 40 Million from Oil Giants Chevron & BP
World News

Canada-based Geothermal Start-up Bags USD 40 Million from Oil Giants Chevron & BP

Source: Sutterstock Eavor Technologies – a Canada-based geothermal energy start-up has received backing from global oil giants Chevron and BP for its geothermal technology. Eavor has secured USD 40 million in the funding round along with few ...

  • February 22, 2021 01:35 PM AEDT
  • Team Kalkine
Five dividend stories that you might have missed this morning
Stock Market

Five dividend stories that you might have missed this morning

NIB Holdings, WAM Capital and Lendlease are few of the companies to have released their earnings update on Monday. While some firms have increased distribution, few others have slashed the dividend. These updates would be closely tracked by the inv...

  • February 22, 2021 01:18 PM AEDT
  • Ashish
Here’s why Costa Group (ASX:CGC) is the top gainer on the ASX200 today
Stock Market

Here’s why Costa Group (ASX:CGC) is the top gainer on the ASX200 today

Australia’s leading grower, packer and marketer of fresh fruit and vegetables, Costa Group Holdings Limited (ASX:CGC), reported a strong result for CY2020. During the period, the Company recovered from the drought and managed through the COVI...

  • February 22, 2021 12:59 PM AEDT
  • Team Kalkine
Why are ASX shares slightly higher at noon?
Stock Market

Why are ASX shares slightly higher at noon?

Summary Australian shares are mixed on Monday. Most sector indices are tracking lower, while ASX 200 is slightly higher. Commodity prices were also mixed with higher gold, silver, and copper prices. But oil, coal, iron ore prices were seen lowe...

  • February 22, 2021 12:56 PM AEDT
  • Team Kalkine
New Priority Targets Up Pursuit Minerals’ (ASX:PUR) Hopes for Warrior Project
Stock Market

New Priority Targets Up Pursuit Minerals’ (ASX:PUR) Hopes for Warrior Project

Pursuit Minerals Limited (ASX:PUR) is grabbing limelight for its recent endeavours at the Warrior PGE-Ni-Cu project in Western Australia. The company has identified five highly prospective targets at the project through the preliminary airborne EM da...

5 ASX- listed Penny Stocks Under $1
Stock Market

5 ASX- listed Penny Stocks Under $1

Summary Australian market scenario is reflecting optimistic signs amid rising bong yields and vaccination rollouts.  Penny stocks with their huge return potential have emerged as an attractive investment theme for high return-seeking inves...

CV Check (ASX:CV1) in sweet spot post record-setting December quarter
Sponsored

CV Check (ASX:CV1) in sweet spot post record-setting December quarter

© Wrightstudio | Megapixl.com Summary CV Check Ltd. reported record revenue during the December quarter with continuous growth in platform integration revenues. The Company onboarded international clients as well under its strategic white...

  • February 22, 2021 12:30 PM AEDT
  • Team Kalkine
Here’s the latest development on Pharmaxis’ (ASX:PXS) cancer treatment
Stock Market

Here’s the latest development on Pharmaxis’ (ASX:PXS) cancer treatment

Summary ASX-listed Pharmaxis has enrolled the first patient for the clinical trial to evaluate a potential new treatment for bone marrow cancer. The study also includes a dose-escalation phase to select an optimum dose of PXS‐5505. PXS‐550...

Crude Oil at One Year High; Stocks Under Radar - BP Spon & Exxon Mobil Corp.
Commodities

Crude Oil at One Year High; Stocks Under Radar - BP Spon & Exxon Mobil Corp.

In the last couple of weeks  WTI crude oil prices have surged on account of  a production cut that was announced by the OPEC+ members coupled with a deep halt in the U.S. South that shut wells and oil refineries in Texas. World crude oil ...

  • February 22, 2021 11:59 AM AEDT
  • Team Kalkine
Crude Oil at One Year High; Stocks on the Radar - BP Spon & Exxon Mobil Corp.
Commodities

Crude Oil at One Year High; Stocks on the Radar - BP Spon & Exxon Mobil Corp.

In the last couple of weeks  WTI crude oil prices have surged on account of  a production cut that was announced by the OPEC+ members coupled with a deep halt in the U.S. South that shut wells and oil refineries in Texas. World crude oil ...

  • February 22, 2021 11:51 AM AEDT
  • Team Kalkine
Cochlear (ASX:COH) Re-Introduces Dividend in H1 on Improving Momentum
Stock Market

Cochlear (ASX:COH) Re-Introduces Dividend in H1 on Improving Momentum

Summary Cochlear is observing consistent improvements in surgery rates. The company re-introduced an interim dividend for the first half. Its FY21 guidance for underlying net profit is up 46‐59% year-on-year. Health sector giant Cochlea...

  • February 22, 2021 11:31 AM AEDT
  • Team Kalkine
Three Lithium stocks in focus as investors brace for an EV boom
Stock Market

Three Lithium stocks in focus as investors brace for an EV boom

Undoubtedly, the value of lithium has only risen in past two years. The robust demand for batteries coupled with the ‘electric’ approach that the carmakers are opting at present, has driven this element’s price in recent times. If ...

How did Cann Group (ASX:CAN) perform in 1H FY21?
Stock Market

How did Cann Group (ASX:CAN) perform in 1H FY21?

Summary Cann Group has reported revenue from net sales of $1.08 million and an operating loss of $9.4 million. After the end of the reported period, the company announced commitments to a minority investment in iuvo worth CA$1 million. In Nove...

  • February 22, 2021 10:27 AM AEDT
  • Aayush
ASX 200 today: Market opens higher; who are the top gainers?
Stock Market

ASX 200 today: Market opens higher; who are the top gainers?

The ASX 200 index opened on a positive note on Monday, up 14.50 points or 0.21 per cent to 6808.30, following a strong closing by three major Wall Street indices on Friday, supported by brightening prospects of economic recovery as investors bet bi...

  • February 22, 2021 10:18 AM AEDT
  • Ashish
NOVONIX (ASX:NVX) under the spotlight post Emera Technologies deal
Sponsored

NOVONIX (ASX:NVX) under the spotlight post Emera Technologies deal

Summary NOVONIX Limited (ASX:NVX) announced a partnership with Emera Technologies. The parties have agreed to develop and manufacture energy storage systems, targeting significant market opportunities across North America. The first demo units...

  • February 22, 2021 09:27 AM AEDT
  • Sukriti
What fuelled Bingo’s (ASX:BIN) strong first half results
Stock Market

What fuelled Bingo’s (ASX:BIN) strong first half results

Bingo Industries Ltd (ASX:BIN) on Monday announced robust earnings in the first half of FY21 despite challenging market conditions triggered by the coronavirus pandemic. The company reported underlying earnings before interest, depreciation and amm...

How ASX 200 is likely to open today?
Stock Market

How ASX 200 is likely to open today?

Summary As per ASX 200 futures, the market would probably open 0.15 per cent or 11 points lower. On Friday, AUD/USD had shot up by a good 1.28 per cent. WTI Crude oil had lost around 2.2 per cent on Friday and closed below the four sessions lo...

Why BlueScope’s (ASX:BSL) profit jumped 78% in first half
Stock Market

Why BlueScope’s (ASX:BSL) profit jumped 78% in first half

BlueScope Steel Ltd (ASX:BSL) on Monday reported healthy profit and sales revenue in the first half of FY2021 after all operating segments performed well amid robust volumes and improved steel spreads due to resurgence in the resurgent residential ...

  • February 22, 2021 08:48 AM AEDT
  • Team Kalkine
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK