Market updat
Virus Support Extended for Aviation Sector | ASX Market Update
June 08, 2020 05:41 PM AEST| By Team Kalkine MediaAustralia’s largest independent regional airline, Regional Express Holdings Limited (ASX:REX) announced to increase its flying schedule in response to QantasLink’s measures to more than double its flights to ports that are in competition...
Market Update: Performance of Markets on 5th June 2020
June 05, 2020 09:49 PM AEST| By Team Kalkine MediaThe equity market of Australia ended in green at the close of week’s last trading session (5th June 2020). S&P/ASX200 settled at 5998.7 with a rise of 6.9 points, and the index has gained 4.22% over the last five days. S&P/ASX 200 Energ...
How Kogan Sales surge by more 100% amid coronavirus? | ASX Market Update
June 05, 2020 08:06 PM AEST| By Team Kalkine MediaOnline shopping trader Kogan has reported a surge in sales during April and May even as coronavirus lockdowns restricted activity in the retail sector. Kogan said in a fourth-quarter progress report gross sales were up more than 100 percent from a ye...
Market Update: Understanding the Performance of Markets on 4th June 2020
June 04, 2020 10:10 PM AEST| By Team Kalkine MediaAt the close of trading session on 4th June 2020, the equity market of Australia ended in green. S&P/ASX200 moved up by 50.2 points to 5991.8. The index has gained 2.40% over the last five days. S&P/ASX 200 Health Care (Sector) ended at 42,61...
Market Update: How Markets Performed on 3rd June 2020?
June 03, 2020 11:12 PM AEST| By Team Kalkine MediaOn 3rd June 2020, the Australian equity market closed in green, and the benchmark index witnessed a sharp rise of 106.5 points or 1.83% to 5941.6. Most of the sectors on ASX settled in green including S&P/ASX 200 Energy (Sector), which stood at 8...
Australia's Economy contracted 0.3% in March Quarter | ASX Market Update
June 03, 2020 09:11 PM AEST| By Team Kalkine MediaAustralia's economy contracted 0.3 per cent in the March quarter, according to new economic figures that make it certain the country will officially be declared in a recession in September. Growth in gross domestic product grew just 1.4 per cent in t...
Market Update: Performance of Markets on 2nd June 2020
June 02, 2020 10:22 PM AEST| By Team Kalkine MediaAt the close of the trading session on 2nd June 2020, equity market of Australia settled in green. Benchmark index S&P/ASX200 stood at 5835.1 with a rise of 15.9 points on an intraday basis. S&P/ASX 200 Industrials (Sector) closed at 5,931.9,...
100K Woolies Workers to receive Shares and Vouchers | ASX Market Update
June 02, 2020 07:32 PM AEST| By Team Kalkine MediaNews Corp’s With Her In Mind (Whimn) Network will cease publication on 30 June. In addition, its Sunday magazine lifts out Stellar will combine with the publisher’s other weekend brand Body + Soul from 5 July. The latest changes at one of...
Market Update: S&P/ASX200 Ended the Session in Green: A Brief Look
June 01, 2020 11:52 PM AEST| By Team Kalkine MediaOn June 1, 2020, S&P/ASX200 closed at 5819.2 which reflects a rise of 63.5 points or 1.10% and, on the same day, All Ordinaries witnessed an increase of 1.13% or 66.2 points to 5938.4. Let us now quickly have a look at the performance of individu...
Paypal Sign-Ups Trippled in Australia | ASX Market Updates
June 01, 2020 07:00 PM AEST| By Team Kalkine MediaSignups to PayPal Australia have almost tripled during the COVID-19 pandemic as Australians flock to online shopping, the payments giant says. PayPal said that in April it processed its highest number of transactions and the largest total value of pa...
OPTUS FY20 Profit falls 39% | ASX Market Update
May 30, 2020 05:52 PM AEST| By Team Kalkine MediaOptus says the full-year net profit delivered to its Singaporean parent company Singtel dropped 39 percent to $402 million as more customers opted for SIM-only phone plans and data price competition intensified. Revenue for the 12 months to March 31...
Market Update: Performance of Markets on 29th May 2020
May 29, 2020 09:08 PM AEST| By Team Kalkine MediaThe Australian equity market settled in green at the close of the trading session on 29th May 2020. S&P/ASX200 ended the trading session at 5755.7 with a decline of 95.4 points. Most of the sectors on ASX closed in red such as S&P/ASX 200 Con...
Westpac's Lyn Cobley retires after 30 years | ASX Market Update
May 29, 2020 09:07 PM AEST| By Team Kalkine MediaWestpac head of institutional banking Lyn Cobley is retiring after more than 30 years in banking. She is the third senior executive to leave the bank this month following the departure of consumer division head David Lindberg and chief technology off...
Market Update: Understanding the Performance of Australian Markets
May 28, 2020 10:10 PM AEST| By Team Kalkine MediaS&P/ASX200 ended the session in green on May 28, 2020 as the index witnessed a rise of 1.32% or 76.1 points to 5851.1 and All Ordinaries rose by 1.24% to 5957.8. We will now have a look at the performance of stocks. On May 28, 2020, Nearmap Ltd...
How coronavirus impacted Hotel Occupancy in Australia? | ASX Market Update
May 28, 2020 08:16 PM AEST| By Team Kalkine MediaHotel occupancy rates are forecast to be slashed in half this year as the crippled tourism industry reels from coronavirus. Tourism Accommodation Australia expects occupancies to sit at 40 per cent, down from pre-pandemic levels of about 78 per cent....
Market Update: How Australian Markets Have Performed on May 27, 2020?
May 27, 2020 07:01 PM AEST| By Team Kalkine MediaIt can be said that the Australian equity markets are sensitive to the performance of the global markets. If global growth is questioned, the markets in Australia might witness some negative impacts. On May 27, 2020, S&P/ASX200 ended the session...
Southern Cross (ASX: SXL) which traded at AUD 0.235, UP by 27.027 % | ASX Market Update
May 27, 2020 12:00 PM AEST| By Team Kalkine MediaAmid escalating tension between the US and China and uncertain environment due to the ongoing pandemic crisis, it seems the Australian share market is reflecting the tense environment. The US wants China to take responsibility for not being able to c...
Market Update: How Australian Market Performed on May 26, 2020?
May 26, 2020 11:51 PM AEST| By Team Kalkine MediaS&P/ASX200 ended the session in green as the index witnessed a rise of 2.93% to 5780 and, on the same day, All Ordinaries rose by 2.79% or 160 points to 5889.9. Notably, S&P/ASX 200 Energy (Sector) rose by 2.83%. Let us now quickly have a lo...
Piaggio won a legal case against a Chinese copycat design | ASX Market Update
May 26, 2020 07:43 PM AEST| By Team Kalkine MediaAPN Convenience Retail has paid $10.2 million for two Coles Express petrol stations in regional Australia. The sites in Gatton in Queensland and Inverell in NSW will join the listed REIT's properties. The properties are leased to Coles and were built...
Market Update: How Markets Performed on 25th May 2020?
May 25, 2020 08:45 PM AEST| By Team Kalkine MediaThe equity market of Australia ended in green on 25th May 2020, and S&P/ASX200 moved up by 118.6 points or 2.16% to 5615.6. S&P/ASX 200 Consumer Discretionary (Sector) went up by 2.61% to 2,276.5. S&P/ASX 200 Information Technology (Secto...
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