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Business and Consumer sentiment drops amid COVID-19 impact
March 11, 2020 10:03 PM AEDT| By Team Kalkine MediaCOVID-19 is one of the major uncertainties that can take away thousands of lives and lead to a global recession. The disease has already infected more than 1,10,000 people across the globe. Many countries are already issuing travel advisories,...
Market Update: Australian Markets Declined by 3.6% on 11th March 2020
March 11, 2020 09:55 PM AEDT| By Team Kalkine MediaThe Australian equity market settled in red at the close of 11th March 2020 and the S&P/ASX200 witnessed a drop of 213.7 points and stood at 5725.9. At the close of same day, All Ordinaries declined by 3.6% and ended the day at 5789.3. Most of th...
Market Update: S&P/ASX200 Ended in Green. A Quick Overview
March 10, 2020 09:53 PM AEDT| By Team Kalkine MediaAs the market players are aware, the Australian stock market is sensitive to the macro-economic parameters and to the performance of global stock markets. At the close of session on March 10, 2020, the benchmark index i.e., S&P/ASX200 went up by...
3 Technology Stocks That Have Survived Coronavirus Impact- NXT, WTC, APT
March 10, 2020 12:00 AM AEDT| By Team Kalkine MediaThe coronavirus outbreak is affecting more than just human beings, as the world for the first time relooks at the justification of making one country its manufacturing hub. Chinese authorities are fighting to curb the spread of this deadly disease, c...
Long-Term Stocks to Buy and Hold Amidst Coronavirus Correction
March 10, 2020 12:00 AM AEDT| By Team Kalkine MediaThe renowned American investor, Warren Buffett, has very well said, “A market downturn doesn’t bother us. It is an opportunity to increase our ownership of great companies with great management at good prices.” Amids...
Latest Coronavirus update: How Prepared Are We To Deal With a Pandemic?
March 10, 2020 12:00 AM AEDT| By Team Kalkine MediaCoronavirus has taken a toll on the global economy by killing and affecting thousands, risking economic growth of every country. Every time you come across the latest coronavirus update, the condition appears grimmer shaking your op...
Market Update: Performance of Australian Market on 9th March 2020
March 09, 2020 11:59 PM AEDT| By Team Kalkine MediaThe Australian equity market settled in red at the end of session on 9th March 2020. The S&P/ASX 200 experienced a drastic fall of 7.9% or 455.6 points and stood at 5760.6. Most of sectors closed in red such as S&P/ASX 200 Energy (Sector), wh...
Market Update: S&P/ASX200 Ended in Red on 6th March 2020: A Brief Look
March 06, 2020 10:58 PM AEDT| By Team Kalkine MediaThe equity market of Australia settled in red on 6th March 2020 and the index S&P/ASX200 closed at 6216.2 with a fall of 179.5 points. During the session, most of the sectors showcased heavy decline including S&P/ASX 200 Materials (Sector), w...
January Retail Turnover Dips 0.3%; Challenging Economy Ahead?
March 06, 2020 05:38 PM AEDT| By Team Kalkine Media2020 has been the year of struggle for Australian economy with rising unemployment numbers, disappointing PMI data, sluggish wage growth, amidst severe drought, raging bushfires and threat of global pandemic coronavirus. Australia is facing one...
Biotech companies in the race to seek COVID-19 cure
March 06, 2020 12:00 AM AEDT| By Team Kalkine MediaDeclared as a global public health emergency by the World Health Organisation (WHO), COVID-19 outbreak caused by the mysterious coronavirus began circulating in Wuhan city of China and has fast emerged as a global epidemic that has spread to 84 more...
Market Update: How Markets in Australia Performed?
March 05, 2020 11:37 PM AEDT| By Team Kalkine MediaThe equity market of Australia was in green at the end of session and S&P/ASX200 closed at 6395.7 with an increase of 1.1%. We will now have a look at the performance of some sectors. S&P/ASX 200 Health Care (Sector) witnessed a rise of 2.67%...
Central Banks Draw Rate Cut Card to Spur Demand as World Grapples COVID-19, Commodities to Shine?
March 05, 2020 02:58 PM AEDT| By Team Kalkine MediaThe commodity market is seeming to be poised for a slight recovery post tumbling largely due to the impact of the coronavirus outbreak over the global economic activity. The slowdown in the global economy is now prompting Central Banks across the glo...
Gold Stocks Momentum amidst Covid fears- RSG, WGX, SBM, RRL, OGC
March 05, 2020 12:00 AM AEDT| By Team Kalkine MediaSafe-haven metals like gold and silver have started to witness increased attention from investors, following an exponential increase in the number of coronavirus cases outside of China. In light of this scenario, let’s take a look at a few ASX-...
Market Update: Understanding the Performance of Australian Market on 4th March 2020
March 04, 2020 11:19 PM AEDT| By Team Kalkine MediaThe Australian market settled in red at the close of trading session on 4th March 2020. The S&P/ASX 200 ended at 6325.4 with a fall of 1.7%. During the session, most of the sectors went down including S&P/ASX 200 Energy (Sector), which declin...
Production Cut and Central Bank Actions Propel Crude; Weak Demand Across Refineries Persist
March 04, 2020 07:15 PM AEDT| By Kunal SawhneyBrent crude oil prices responded sharply on 2 March 2020 over the market speculation of a possible production cut by the OPEC members and a liquidity boost by the Central Banks across the globe to stem the economic slowdown due to the coronavir...
Iron Ore Bounces: Prices Above Contract Average While MOI for May 2020 Remains the Highest
March 04, 2020 03:23 PM AEDT| By Team Kalkine MediaIron ore prices recently have shown a sharp rebound or pullback in a weaker market, and market participants & research houses believe the resilient steel prices to be the reason, which has somewhat improved the operating margins of steel manufact...
Market Update: How Markets Performed on 3rd March 2020?
March 03, 2020 11:03 PM AEDT| By Team Kalkine MediaThe equity market of Australia ended in green on 3rd March 2020 and the benchmark index i.e., S&P/ASX200 stood at 6435.7 with a rise of 44.2 points. Moving towards the performance of some sectors which performed well, S&P/ASX 200 Consumer Sta...
Margin Calls Across Risky Assets Putting Gold Under Pressure
March 03, 2020 08:00 PM AEDT| By Team Kalkine MediaGold prices are under uncanny sell-off adding to the confusion amongst market participants as gold is always believed to be a hedge against “uncertainty or market risk”. However, as per one school of thought profit booking and margin call...
Market Update: Understanding The Performance Of Markets on 2nd March 2020
March 02, 2020 10:13 PM AEDT| By Team Kalkine MediaThe Australian market settled in red on 2nd March 2020 and the S&P/ASX200 closed at 6391.5, reflecting a decline of 49.7 points. At the close of session, S&P/ASX 200 Health Care (Sector) stood at 43,474.7 with a fall of 342.1 points and S&...
ASX Energy Companies Hold Fast to Preventive Measures Amidst Turbulent Market- SXY, PDN, CTX
March 02, 2020 10:09 PM AEDT| By Hina ChowdharyThe energy market is under pressure from multiple factors varying from the introduction to IMO 2020 to the fall in crude oil prices. Energy stocks on ASX are facing the headwinds and shunning off prior gains witnessed in them during the last quarter...
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