News
Crude Oil Under Supply Glut; A Speculative Ray of Hope for The Oil Market
February 06, 2020 10:19 PM AEDT| By Kunal SawhneyCrude oil is witnessing a bumpy ride across the international market with prices of Brent crude oil futures first plunging USD 71.75 (intraday high on 8 January 2020) a barrel to the present low of USD 53.69 (intraday low on 4 February 2020), which m...
Market Update: Understanding Performance of Australian Market on 6 February 2020
February 06, 2020 09:07 PM AEDT| By Team Kalkine MediaAustralian equity market ended the session in green and benchmark index S&P/ASX 200 settled at 7049.2 with a rise of 73.1 points or 1.0% on 6 February 2020. Moreover, All Ordinaries inched upward by 67.8 points to close the day’s trading at...
Market Update: How Australian Market Performed on 5 February 2020?
February 05, 2020 09:07 PM AEDT| By Team Kalkine MediaTrading session on 5th February 2020 ended in green with benchmark index S&P/ASX200 advancing further by 27.4 points to settle at 6976.1. Almost all the sectors ended the day’s trading in green, including S&P/ASX 200 Materials (Sector),...
Gold takes a breather; Global Economy Bolsters and AUD Appreciates
February 05, 2020 03:58 PM AEDT| By Team Kalkine MediaPost smashing its own record highs, the gold spot is now under slight pressure as global economic indicators demonstrating some positive readings on the scale, which might be estimated by bullion enthusiast to be tentative, but currently keeping the...
Market Update: Performance of Australian Market on 4 February 2020
February 04, 2020 09:28 PM AEDT| By Team Kalkine MediaAt the close of trading session on 4th February 2020, the equity market of Australia ended in green. The S&P/ASX200 settled at 6948.7 with a rise of 25.4 points or approximately 0.4%. All Ordinaries also advanced further by ~0.4% to close the tra...
Base Metals and Iron Ore Turning Red Hot as Coronavirus Turns into a Pandemic Threat
February 04, 2020 09:15 PM AEDT| By Team Kalkine MediaThe feared pandemic threat of the coronavirus might be coming true with the Wealth Health Organization (or WHO) declaring the threat a global health emergency. The epidemic threat in China is now taking a turn towards being pandemic in nature with 15...
Coronavirus Impact: Tumbling Steel and Copper Prices
February 04, 2020 04:17 PM AEDT| By Team Kalkine MediaThe metal market is witnessing turmoil over the outbreak of Coronavirus in China. The best economic indicator, LME copper price has fallen by ~11.6% from US$ 6,300 per tonne on 16 Jan 2020 to US$ 5,569 per tonne on 31 Jan 2020. The falling copper pri...
Market Update: Australian Market Closes in Red; What Investors Need to Know?
February 03, 2020 09:10 PM AEDT| By Team Kalkine MediaThe equity market of Australia ended in red on 3rd February 2020, first trading session of the second month of year 2020. The benchmark index S&P/ASX200 settled at 6923.3, reflecting a fall of around 1.4%. All Ordinaries fell by 101.3 points and...
Year 2019 in Review: Best and Worst Performing IPOs
February 02, 2020 10:37 AM AEDT| By Team Kalkine MediaFrom failed IPO’s like Latitude and PropertyGuru to the most successful ones like Osteopore Limited (ASX:OSX) and Invex Therapeutics Ltd (ASX:IXC), the Australian IPO market has seen it all last year. The IPO market continued to grab investors&...
Your Commodity 2019 Recap- Iron ore, Gold, Crude Oil, Base Metals, and Battery Metals
February 02, 2020 10:24 AM AEDT| By Kunal SawhneyIron ore and gold prices are able to maintain their lustre in the market, and while gold prices are being supported by the recent development of epidemic threat in China, iron ore is still managing to hold its recent highs. Apart from these two, most...
The decarbonization of Oil & Gas Upstream and Downstream Sectors
February 02, 2020 09:43 AM AEDT| By Team Kalkine MediaThe Oil & Gas industry accounts for more than 40% of the total global emissions. The oil & gas industry right from taking the oil out from the well, re...
Australian Market Closes in Green on 31 January 2020; What Investors Need to Know?
January 31, 2020 11:00 PM AEDT| By Team Kalkine MediaAt the end of trading session on 31st January 2020, the equity market of Australia ended in green and the S&P/ASX200 stood at 7017.2, reflecting a rise of 8.8 points. Moving towards the performance of some sectors including S&P/ASX 200 Health...
Focus on Healthcare Player Ansell Amidst Coronavirus Fears
January 31, 2020 01:00 PM AEDT| By Team Kalkine MediaWorld Health Organization has declared coronavirus outbreak as “World Emergency”. Alleged to have originated in a seafood food market in Wuhan, China, the deadly coronavirus continues to spread igniting global anxiety. While the United S...
Oil Search and Cooper Energy Unveil December Quarter Activities Report
January 30, 2020 03:23 PM AEDT| By Team Kalkine MediaEnergy consumption in Australia witnessed average annual growth rate of 0.6% since the last ten years, reaching 6,172 petajoules in FY18. Interestingly, every petajoule consumed contributed ~A$294 million in GDP. The pie of energy mix included 39% of...
Understanding Performance of Australian Market on 30 January 2020
January 30, 2020 03:00 PM AEDT| By Team Kalkine MediaThe equity market of Australia closed the session in red and the benchmark index i.e., S&P/ASX200 settled at 7008.4, reflecting a decline of 23.1 points or 0.3%. At the end of the trading day, All Ordinaries witnessed a fall of 27.3 points and cl...
Western Australia Gas Demand to Surpass Existing Production Capacity- Says AEMO Report
January 30, 2020 01:37 PM AEDT| By Team Kalkine MediaWestern Australia ramped-up gas supply across the domestic market in 2019 through two projects, namely Wheatstone, with a total capacity of 205 terajoules per day, and Pluto, which included a 25 terajoule per day of domestic gas pipeline and ~ 15 ter...
S&P/ASX 200 Energy- A Decade of Strong Performance; BPT and SXY Reports Quarterly Performance
January 29, 2020 11:31 PM AEDT| By Kunal SawhneyThe S&P/ASX 200 Energy Index, which includes the companies involved in the exploration, production, marketing, and services related to oil & gas, has delivered a decent performance for the decade. The total returns from the index have surpass...
Market Update: Equity Market Of Australia Ended In Green: What Investors Need To Know?
January 29, 2020 09:00 PM AEDT| By Team Kalkine MediaAt the close of trading session on 29th January 2020, the market was in green. The S&P/ASX200 closed at 7031.5 with an increase of 37 points. On the same trading day, All Ordinaries settled at 7135.9, reflecting a rise of 37.5 points or 0.5%. We...
Technical Lens Over Gold, Crude Oil, and Iron Ore
January 29, 2020 04:19 PM AEDT| By Team Kalkine MediaGold prices are well on track to reach the projected price suggested by the bullish flag pattern on the weekly chart. The Australia dollar-denominated gold spot is on a surge from $2,224.64 (intraday low on 14 January 2020) to the present high of $2,...
Market Pessimism Grows Stronger Over Coronavirus; Risky Assets Under Pressure, Gold Near Record Peak
January 28, 2020 11:38 PM AEDT| By Kunal SawhneyCommodities market and other risky assets such as global equity markets are taking a hit from the spreading of the coronavirus, which has impacted many business affairs in China and in tandem induced fear across the globe. Risky commodities such as...
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