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Global Markets Selloff Influences ASX 200 Prices, Academic Sector Continued Its Southward Move
Market Updates

Global Markets Selloff Influences ASX 200 Prices, Academic Sector Continued Its Southward Move

Copyright © 2021 Kalkine Media Pty Ltd. On March 4, 2021, the equity market of Australia settled in red as ASX 200 declined by 0.84% to 6760.70. On the same day, Financials sector and Real Estate sector soared by 1.04% and 0.53% respectively wh...

Why Google Won’t Look For User Cookies Any More?
World News

Why Google Won’t Look For User Cookies Any More?

ogle accounted for more than half of all global digital ad spending last year. Google won’t be prying on your browsing history after all. The California-based company said on Wednesday that it will stop tracking people’s internet dat...

What does Blackspur Merger Mean for Calima Energy (ASX:CE1)?
Sponsored

What does Blackspur Merger Mean for Calima Energy (ASX:CE1)?

Summary Calima Energy Limited (ASX:CE1) has reached a binding agreement to acquire conventional oil & gas producer in Canada, Blackspur Oil Corp. The company will raise A$34 million through equity placement to fund the acquisition. The acq...

  • March 04, 2021 07:54 PM AEDT
  • Damini
Corazon Mining (ASX: CZN) strikes Nickel Copper Sulphide Mineralisation at Lynn Lake, Shares Zoom 9%
Sponsored

Corazon Mining (ASX: CZN) strikes Nickel Copper Sulphide Mineralisation at Lynn Lake, Shares Zoom 9%

image source: © Samrat35 | Megapixl.com Summary The drilling at the initial hole (FLC2021-24) has been completed at Lynn Lake. The explorer reported preliminary visual evidence of substantial sulphide mineralisation at the first hole. Sub...

What’s fuelling the surge in Bond Yields?
World News

What’s fuelling the surge in Bond Yields?

of jobs with policies potentially enhancing the positive sentiment in the market. The surge in US treasury yields has impacted global economies, stirring the pot for already vulnerable international markets. The sudden increase in the 10-year tr...

Five Lithium penny stocks that are packing a punch
Stock Market

Five Lithium penny stocks that are packing a punch

Source: buffaloboy, Shutterstock Summary The year 2020 was a blockbuster period for the sales of electric vehicles all over the world. The fast-paced progress in EV space has skyrocketed the demand for lithium. Lithium miners around the globe...

3 Penny Stocks that more than doubled in a month
Stock Market

3 Penny Stocks that more than doubled in a month

Source: ShutterstockProfessional, Shutterstock Let’s face it: even though volatility might seem synonymous to penny stocks, they have always been the favourite for risk-takers. The sudden windfall gains that penny stocks provide have kept its ...

Nuheara (ASX:NUH) applauds WHO’s interventions revealed in Hearing Report
Stock Market

Nuheara (ASX:NUH) applauds WHO’s interventions revealed in Hearing Report

Source: spainter_vfx, Shutterstock Summary The WHO report on hearing proposes a set of critical interventions to be delivered via a strengthened health system. ASX-lister player Nuheara is grabbing the opportunity to offer its services in the ...

Eye on Resource Expansion, Core Lithium (ASX:CXO) Acquires Six New MLs
Stock Market

Eye on Resource Expansion, Core Lithium (ASX:CXO) Acquires Six New MLs

Source: Mark Agnor, Shutterstock Summary Core Lithium’s subsidiary Bynoe has entered an option agreement to acquire six mineral leases in the Northern Territory. The mining leases have a robust exploration history and were intermittently...

Why did BlackEarth Minerals’ (ASX:BEM) Shares Zoom up 2X in less than three weeks?
Sponsored

Why did BlackEarth Minerals’ (ASX:BEM) Shares Zoom up 2X in less than three weeks?

image source: BEM Summary The recent strategic deals concerning graphite supply have provided BlackEarth Minerals a platform for growth for entry into the global graphite industry.  BEM share price zoomed by around 200% following the rece...

Why is financials sector shining in ASX 200 today?
Stock Market

Why is financials sector shining in ASX 200 today?

Source: Elle Aon, Shutterstock ASX 200 closed 57.3 points or 0.84% lower on Thursday. Selling pressure was evident across sectors and all subsector indices of the benchmark index were lower, except for financials. Australian markets ended lower to...

New GMC Hummer EV’s crabwalk feature set to enrich driving experience
Economy

New GMC Hummer EV’s crabwalk feature set to enrich driving experience

Source:LeStudio,Shutterstock Summary The new all-electric Hummer by General Motors is all set to change the way people drive. In a recent video, the electric vehicle was seen criss-crossing across snow, while performing some adventurous moves ...

  • March 04, 2021 03:50 PM AEDT
  • Ashish
Rising ASX building material stocks: BLD and ABC
Stock Market

Rising ASX building material stocks: BLD and ABC

Source:Peshkova ,Shutterstock Building material stocks are sensitive to infrastructure development activity in the residential as well as non-residential markets. Government spending plans will likely add tailwinds for some building material compani...

Flexiroam (ASX:FRX) Eyes SEA Underbanked Market with Split BNPL Deal
Stock Market

Flexiroam (ASX:FRX) Eyes SEA Underbanked Market with Split BNPL Deal

Source: Lightman4289 ,Shutterstock Summary Flexiroam has joined hands with Split to offer its platform as a wallet payment option to its users in Malaysia and Singapore. Both parties will promote the service to their customers. Split wil...

SpaceX’s Starship prototype explodes after a seemingly successful landing
World News

SpaceX’s Starship prototype explodes after a seemingly successful landing

n Musk plans to send people to Mars by as soon as 2023 via these starships. Space Exploration Technology Corporation (SpaceX) had yet another flub that involved its Starship rocket prototype. On Wednesday, SpaceX’s unmanned rocket prototyp...

  • March 04, 2021 02:54 PM AEDT
  • Aayush
Zenith Minerals (ASX:ZNC) eyes an exciting 2021 with three projects in progress
Sponsored

Zenith Minerals (ASX:ZNC) eyes an exciting 2021 with three projects in progress

f December 2020. Perth-based explorer Zenith Minerals Limited (ASX:ZNC) continues to push forward developments at its exceptional Australian project portfolio. The key strategy is to target large-scale deposits holding the potential to deliver a...

Why Cashwerkz’s (ASX:CWZ) profits soared high in H1 FY21?
Stock Market

Why Cashwerkz’s (ASX:CWZ) profits soared high in H1 FY21?

Source:Vintage Tone,Shutterstock Summary Cashwerkz Limited reported its half-year results for FY21 with a massive uptick of 346% in total revenue. The company’s recent tie-up with Fortlake helped it reach AUD300 million in Funds Under Ma...

A Glance at 2 Small-cap Stocks for March 2021
Stock Market

A Glance at 2 Small-cap Stocks for March 2021

Source: TypoArt BS,Shutterstock Summary Bigtincan Holdings Ltd posted robust half-yearly results with growth continuation in FY 2021. IOUpay Ltd announced investments to support growth initiatives in the year. The small-cap space is ...

4DMedical (ASX:4DX) raises A$40 Mn to support XVD Scanner™ development
Stock Market

4DMedical (ASX:4DX) raises A$40 Mn to support XVD Scanner™ development

Source:Josep Suria,Shutterstock Summary MedTech player 4DMedical raises A$40 million to fund the development and commercialisation of XVD Scanner™. The Company had earlier received A$28.9 million in funding from MRFF. 4D Medical expects...

Top five ASX stocks that racked up major gains today
Stock Market

Top five ASX stocks that racked up major gains today

Source: B-Media, Shutterstock Summary The ASX 200 was trading lower on Thursday, down 0.76 per cent after the heavy sell-off in the US stocks weighed on the three major Wall Street indices. The US market was under pressure after another r...

  • March 04, 2021 01:22 PM AEDT
  • Ashish
What’s behind Strandline Resources’ (ASX:STA) outperformance?
Stock Market

What’s behind Strandline Resources’ (ASX:STA) outperformance?

Source: shablovskyistock,Shutterstock Summary Strandline Resources has outperformed the broader markets this year, with an almost 22 per cent YTD return. The company’s Coburn project has been the catalyst behind this rally. Coburn ...

  • March 04, 2021 01:16 PM AEDT
  • Aayush
Why are Australian equity markets retreating today?
Stock Market

Why are Australian equity markets retreating today?

Source: Phongphan,Shutterstock Summary ASX 200 index is down nearly 0.9% in the afternoon. Healthcare stocks are leading the losses, while bond yields are also higher. Commodity prices also look supportive, and the Australian Dollar is tra...

Black Rock (ASX:BKT) Gets FIRB Nod for $7.5M POSCO Deal
Stock Market

Black Rock (ASX:BKT) Gets FIRB Nod for $7.5M POSCO Deal

Source: Hywit Dimyadi,Shutterstock Summary FIRB has given a green signal to the proposed acquisition of a 15% interest in Black Rock by South Korean steel giant POSCO Group. The equity infusion will help to fast track the development of t...

Are Cruise-Ship Stocks Turning Bullish In 2021?
World News

Are Cruise-Ship Stocks Turning Bullish In 2021?

Source:Smit,Shutterstock Summary Positive indicators are towing Cruise stocks into bullish territory. Royal Caribbean will begin cruising out of Israel with vaccinated passenger in May. Carnival expects to return 24 liners into service by the...

ECS Botanics’ (ASX:ECS) would-be subsidiary Murray Meds wins a 3-year supply deal 
Stock Market

ECS Botanics’ (ASX:ECS) would-be subsidiary Murray Meds wins a 3-year supply deal 

Source: Pressmaster,Shutterstock Summary ECS Botanics revealed that Murray Meds had entered a three-year agreement with an Australia-based cannabinoid player to supply medicinal cannabis. The Company is focussing on expanding its sales ne...

Five buzzing penny stocks for the day
Stock Market

Five buzzing penny stocks for the day

Source: ShutterstockProfessional ,Shutterstock Summary Sell-off in gold, led by a positive economic outlook, leads investors to look for riskier opportunities in penny stocks. Corazon Mining announced the completion of its initial hole (F...

  • March 04, 2021 12:06 PM AEDT
  • Aayush
Why are Myer (ASX:MYR) shares crashing today?
Stock Market

Why are Myer (ASX:MYR) shares crashing today?

Source:Pressmaster,Shuttrtstock Summary Myer has reported first-half profit as rental waivers and JobKeeper support lowered its cost of doing business.  The company is focused on its turnaround strategy, which is centred around the Custom...

Horizon Minerals’ (ASX:HRZ) Half-Year Results Portray Rainbow of Hope for its Gold Exploration
Sponsored

Horizon Minerals’ (ASX:HRZ) Half-Year Results Portray Rainbow of Hope for its Gold Exploration

me a significant gold production company, with the processing facility situated at Boorara. Horizon Minerals Limited (ASX: HRZ) has remained highly active in Western Australian goldfields, with its strong project pipeline witnessing impressive p...

ASX 200 opens lower after another bond yield rise rattles Wall Street
Stock Market

ASX 200 opens lower after another bond yield rise rattles Wall Street

Source:Phongphan,Shutterstock Summary The Australian equity benchmark ASX 200 opened lower on Thursday after tech stocks pulled down three major Wall Street indices overnight. The ASX 200 index has lost 0.37 per cent for the last five days, bu...

  • March 04, 2021 10:30 AM AEDT
  • Ashish
Here’s why Aerometrex (ASX:AMX) launched its MetroMap Store online
Stock Market

Here’s why Aerometrex (ASX:AMX) launched its MetroMap Store online

Source: Explode,Shutterstock Summary Aerometrex announced the launch of its MetroMap 3D Store online to sell high-resolution 3D modelled data. This new store allows Aerometrex to properly address the large SME market opportunity. The sto...

  • March 04, 2021 10:18 AM AEDT
  • Aayush
Here’s why Xero (ASX:XRO) acquired Planday
Stock Market

Here’s why Xero (ASX:XRO) acquired Planday

upfront consideration would be paid in shares in Xero and 55 per cent in cash. Xero Ltd (ASX:XRO) on Thursday announced acquisition of workforce management platform Planday for A$284.5 million. Xero said that acquisition of Planday, a company w...

  • March 04, 2021 09:26 AM AEDT
  • Ashish
ASX 200 to open lower: Tech stocks in focus
Stock Market

ASX 200 to open lower: Tech stocks in focus

by 10.66 per cent to 26.67, showing increasing fear among market participants. On Wednesday, ASX 200 ended on a positive note after better than expected GDP numbers sent investors on a buying spree. The benchmark index rose 0.82 per cent to 6,8...

  • March 04, 2021 08:54 AM AEDT
  • Aayush
What led Synlait Milk to withdraw its FY21 guidance
Stock Market

What led Synlait Milk to withdraw its FY21 guidance

and board believed that a broad range of outcomes was still possible in FY21.  Synlait Milk Ltd (ASX:SM1) on Thursday said that it had withdrawn its full year 2021 (FY21) guidance amid the ongoing uncertainty and volatility in its business...

  • March 04, 2021 08:49 AM AEDT
  • Ashish
US Stocks Continue To Fall On Fed Policy Worries, Bond Yields
World News

US Stocks Continue To Fall On Fed Policy Worries, Bond Yields

Source: Phongphan ,Shutterstock Summary S&P 500 dropped 1.31%, Dow Jones shed 0.39%, and NASDAQ plunged 2.70%. Treasury bond sell-offs spike market volatility, trigger inflation worries. The 10-year US Treasury bond yield surged 3.67...

Future of Bitcoin in Question As China, India Counter Crypto Wave
Cryptocurrency

Future of Bitcoin in Question As China, India Counter Crypto Wave

Source: Wit Olszewski ,Shutterstock Tightening the noose on cryptocurrencies, China banned the mining of blockchain-based currency in Inner Mongolia. The world’s second largest economy also announced the closure of all crypto operations b...

  • March 04, 2021 07:51 AM AEDT
  • Anuj
QBE Insurance Group (ASX:QBE) appoints Chief Executive
Stock Market

QBE Insurance Group (ASX:QBE) appoints Chief Executive

Source: H_Ko, Shutterstock Global insurer QBE Insurance has appointed Chief Executive. The Board has chosen Beazley plc Chief Executive to head the group operations. The incoming executive has led his organisation to profitable and sustainable growt...

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