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Market updates
China has suspended imports from four Australian abattoirs? | Market Update
May 12, 2020 12:00 PM AEST| By Team Kalkine MediaRichard Branson has agreed to sell shares worth around AU$765 million in his Virgin Galactic space business to raise funds for his struggling airline and leisure businesses. The businessman, who has previously suggested he would be willing to re-mort...
Market Update: How Australian Markets Performed on May 11, 2020?
May 11, 2020 08:38 PM AEST| By Team Kalkine MediaThe equity market of Australia was in green at the close of session on 11th May 2020. S&P/ASX200 settled at 5461.2, reflecting a rise of 70.1 points or 1.30%. Most of the sectors on ASX closed in green like S&P/ASX 200 Industrials (Sector), w...
Increased Unemployment, and decline in Property prices in Australia? | Market Update
May 11, 2020 07:41 PM AEST| By Team Kalkine MediaInsurance and banking giant Suncorp will take a hit of $133 million on account of the COVID-19 crisis and has revealed incorrect payments to staff will cost it up to $70 million. Suncorp said COVID-19 will have a range of impacts across its businesse...
JC Penney Co Inc is preparing to file for bankruptcy protection as soon as next week | Market Update
May 09, 2020 12:00 PM AEST| By Team Kalkine MediaJC Penney Co Inc is preparing to file for bankruptcy protection as soon as next week with plans to permanently close about a quarter of its roughly 850 stores, becoming the latest major US retailer to succumb to fallout from the coronavirus outbreak,...
Market Update: Performance of Australian Market on 8th May 2020
May 08, 2020 09:00 PM AEST| By Team Kalkine MediaAt the close of trading session on 8th May 2020, equity market of Australia was in green. The S&P/ASX200 ended at 5391.1, indicating a rise of 26.9 points on an intraday basis. S&P/ASX 300 Metals and Mining (Industry) stood at 3,899.1 with a...
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Market updates and ASX Telecom reboot
May 07, 2020 08:52 PM AEST| By Team Kalkine MediaVarious telecom operators are taking proactive actions to help the country navigate through this crisis with increased data limits, waiver of late payment fees and new and better plans so as to grapple this pandemic. Lets have a look at the strong pl...
Market Update: Performance of Australian Equity Market on 6th May 2020
May 06, 2020 10:03 PM AEST| By Team Kalkine MediaAt the close of the trading session on 6th May 2020, equity market of Australia ended in red. S&P/ASX200 experienced a decline of 22.5 points to 5384.6. S&P/ASX 200 Financials (Sector) went down by 1.13% and settled at 4,242.1. S&P/ASX 20...
Market Update: Understanding the Performance of Markets on 5th May 2020
May 05, 2020 08:30 PM AEST| By Team Kalkine MediaThe equity market of Australia closed in green at the end of the session on 5th May 2020. The S&P/ASX200 went up by 1.64% to 5407.1, and the index has gained 1.77% over the last five days. Most of the sectors on ASX settled in green such as S&...
Market Update: How Australian Equity Markets Performed on 4th May 2020?
May 04, 2020 10:51 PM AEST| By Team Kalkine MediaAt the close of the trading session on 4th May 2020, the Australian equity market was in green. The benchmark index S&P/ASX200 settled at 5319.8, reflecting a rise of 1.41% or 73.9 points. S&P/ASX 200 Consumer Staples (Sector) went up by 297....
Market updates and Technology Stocks
May 01, 2020 11:11 PM AEST| By Team Kalkine MediaLets take a look at the technology sector which is expected to improve the investor’s portfolio in the upcoming future along with a few ASX listed Technology companies which would drive the Australian sector post COVID-19 crisis....
Market Update: Understanding the Performance of Australian Markets on 1st May 2020
May 01, 2020 10:47 PM AEST| By Team Kalkine MediaThe Australian equity market ended in red at the close of session on 1st May 2020 and the benchmark index S&P/ASX200 tumbled 5.01% to 5245.9. Most of the sectors on ASX settled in red including, S&P/ASX 200 Consumer Discretionary (Sector), wh...
Market Update: Performance of Australian Markets on 30th April 2020
April 30, 2020 09:53 PM AEST| By Team Kalkine MediaAt the close of trading session on 30th April 2020, Australian equity market settled in green. S&P/ASX200 gained 129 points to 5522.4. S&P/ASX 200 Industrials (Sector) went up by 3.95% and closed at 5,617.5. S&P/ASX 200 Materials (Sector)...
Market Update: How Australian Equity Market Performed on 29th April 2020?
April 29, 2020 10:25 PM AEST| By Team Kalkine MediaThe equity market of Australia closed in green at the end of the session on 29th April 2020. The benchmark index S&P/ASX200 moved up by 1.51% to 5393.4. The index has gained 3.30% over the last five days. Most of the sectors on ASX closed in gree...
Market Update: Understanding the Performance of Australian Markets on 28th April 2020
April 28, 2020 10:26 PM AEST| By Team Kalkine MediaAt the close of trading session on 28th April 2020, Australian market ended in red. The benchmark index S&P/ASX200 went down by 8.3 points to 5313.1. S&P/ASX 300 Metals and Mining (Industry) closed at 3,842.2, down by 28.4 points. S&P/ASX...
Market Update: Understanding the Performance of Australian Markets on 27th April 2020.
April 27, 2020 09:57 PM AEST| By Team Kalkine MediaThe equity market of Australia closed in green on 27th April 2020 and the benchmark index went up by 78.8 points or 1.50% to 5321.4. The index has lost 0.59% and 16.67% over the last five days and 52 weeks, respectively. S&P/ASX200 A-REIT (Sector...
BNPL Stocks Bounce Back: Favourable Market Updates, Earnings Potential Highlight Strength
April 25, 2020 01:39 PM AEST| By Team Kalkine MediaThe world has witnessed one of the worst crackdowns on the economic front in recent months due to the COVID-19 pandemic. People have been forced to remain under lockdown and abide by the ‘stay at home’ restrictions. However, constraints l...
Market Update: Understanding the Performance of Market on 24th April 2020
April 24, 2020 10:51 PM AEST| By Team Kalkine MediaAt the end of week’s last trading session on 24th April 2020, the equity market of Australia closed in green and the index S&P/ASX200 went up by 25.5 points to 5242.6. Most of sectors on ASX settled in green such as S&P/ASX 200 Health C...
Market Update: How Australian Market Performed on 23rd April 2020?
April 23, 2020 10:20 PM AEST| By Team Kalkine MediaThe Australian equity market settled in red at the close of trading session on 23rd April 2020. The S&P/ASX200 stood at 5217.1, reflecting a fall of 4.1 points. The benchmark index has lost 3.68% and 17.44% over the span of last five days and 52...
Performance of the Australian Market on 22nd April 2020
April 22, 2020 08:55 PM AEST| By Team Kalkine MediaAt the close of trading session on 22nd April 2020, the equity market of Australia was in red. The S&P/ASX200 stood at 5221.2 with a fall of 0.1 points. S&P/ASX 200 Health Care (Sector) went up by 1.27% to 43,284.9. S&P/ASX 200 Utilities...
Market Update: How Australian Markets Performed on 21st April 2020?
April 21, 2020 10:43 PM AEST| By Team Kalkine MediaOn 21st April 2020, the equity market of Australia settled in red and the benchmark index S&P/ASX200 experienced a fall of 131.7 points to 5221.3. Most of the sectors closed in red at the end of session such as S&P/ASX 200 Consumer Discretion...
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