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News
GTI Resources: Historical Data Package Analysis of Utah Leases Delivers High Value Information
August 31, 2020 12:24 PM AEST| By Team Kalkine MediaAustralian mineral explorer GTI Resources Limited (ASX:GTR) has completed analysis of historical data covering leases being acquired from Anfield and existing Jeffrey, Rats Nest and Moki Project areas in the Henry Mountains Utah. The data revi...
NAB Enters Into Agreement To Sell MLC Wealth To IOOF
August 31, 2020 12:22 PM AEST| By Team Kalkine MediaNational Australia Bank Limited (ASX:NAB) has signed a Sale and Purchase Agreement to sell 100% of MLC Wealth to IOOF Holdings Ltd for A$1,440 million. The agreement follows the strategic decision announced by the company in 2018 to pursue an exit o...
Aged-care facilities report the maximum number of COVID-19 related deaths, what went wrong?
August 30, 2020 12:20 AM AEST| By Kunal SawhneyGlobally, there has been increased fatalities because of COVID-19 infection. Immunity is one of the primary factors that explains why the virus badly hit the elderly, with the majority of victims falling above age of 60. Across the world, it has b.....
Stocks Under Limelight Over Strong FY2020 – Objective Corp and Resimac Group
August 30, 2020 12:00 AM AEST| By Team Kalkine MediaS&P/ASX 200 Index is under a recovery mode and with the surge in the benchmark index, market sentiments seem to be shifting the table in favour of bulls. While a considerable recovery in S&P/ASX 200 index is due to the surge in the stock pr.....
Harvey Norman® FY20 Results: A “Testament To The Strength Of Its Model”?
August 29, 2020 11:16 PM AEST| By Team Kalkine MediaSummary Harvey Norman® is in the lifestyle/home retail business, and even amid unique challenges of FY20, customers continued to engage strongly with its brands. Customers were particularly appreciative of the shopping experience, spaciousn.....
Copper Miners Ballooning on Exchange As Copper Surge Lifts Market Sentiments
August 29, 2020 04:20 AM AEST| By Team Kalkine MediaCopper prices have moved up swiftly with the price of LME copper (near-future) climbing from the level of USD 4,617.5 per tonne (as on 23 March 2020) to the present high of USD 6,667 a tonne (as on 19 August 2020), marking a price appreciation of ~.....
Excessive use of hand sanitisers can be bad for health
August 29, 2020 04:15 AM AEST| By Team Kalkine MediaWe have heard a lot of times that excess of anything is bad and the same holds true for hand sanitisers. Hand sanitiser pumps, stations and wipes are present everywhere from grocery stores, shopping malls to churches, for curbing the spread of coro.....
Second-hand car market rallies as individuals stay away from public transport
August 29, 2020 04:11 AM AEST| By Team Kalkine MediaThe COVID-19 induced paradigm shift is evident writ large on the automobile industry, with a significant transition observed in the consumption patterns. The vehicle manufacturers and dealers have been impacted by changing needs of the consumers an.....
Potential Resumption of International Travel in Australia: A Subject of Debate
August 29, 2020 12:00 AM AEST| By Team Kalkine MediaDisrupting the popular trend of domestic and international travel, COVID-19 pandemic brought an unusual misfortune for the Australian travel industry reeling from the virus crisis. While the interstate travel has picked up steam with the opening of.....
Market Update: S&P/ASX 200 Gained 5.5% in Three Months: What Investors Need to Know?
August 28, 2020 11:11 PM AEST| By Team Kalkine MediaThe equity market of Australia ended in red on 28th August 2020, and S&P/ASX200 went down by 52.4 points to 6073.8. During the last three months, the index has gained 5.5%. S&P/ASX 200 Health Care (Sector) witnessed a fall of 458.1 points to...
Market Close Commentary; 28 August 2020
August 28, 2020 10:45 PM AEST| By Team Kalkine MediaThe Australian share market closed for the week after a gloomy trading session, all the trading happened in the red zone. The benchmark index S&P/ASX200 settled at 6073.8, down by 0.86 per cent as compared to yesterday's closure of 6126.2. In th...
How is K&S Corporation share price benefitting from JobKeeper subsidy?
August 28, 2020 09:26 PM AEST| By Team Kalkine MediaSummary K&S Corporation share price rose by 1.6%, closing at $1.27 on 28 August. The Group reported statutory net profit after tax of $11.2 million, up 384% than pcp, even though operating revenues fell by 12.7% to $790.6 million in F.....
It happens again, NZX being bullied by Cyber-attackers- Down for the fourth day
August 28, 2020 09:04 PM AEST| By Team Kalkine MediaOn Friday, August 28, the New Zealand’s Exchange (NZX) again became a target of a sophisticated cyber-attack. The exchange was knocked offline by an offshore DDoS attack. Initially, the session resumed but later halted because of the attacks......
Which 3 Things Pushed PointsBet Share Price By ~87% on ASX 300
August 28, 2020 08:37 PM AEST| By Team Kalkine MediaSummary PointsBet shares had a strong rally today after disclosing a partnership with NBCUniversal, which would also have a stake in the company. Market capitalisation of PointsBet soared past the two billion mark at around $2.14 billion, after.....
What Is Next for Dicker Data Share Price on ASX Charter?
August 28, 2020 07:18 PM AEST| By Team Kalkine MediaSummary Despite a solid 1H FY2020 delivered by IT hardware and software distributor, Dicker Data Limited, the share price was down ~1.7% at the end of the trading session. Total revenue for the Company increased by 18.1% to A$1,006.1 million wh.....
Why Are These ASX Growth Stocks Under Some Action Today: iCar Asia, Cash Converters
August 28, 2020 07:12 PM AEST| By Team Kalkine MediaSummary Stock markets have been highly volatile ever since the pandemic came into picture; there has been market uncertainty due to new restrictions following the second wave in Australia. iCar Asia registered a 4 per cent growth in 1H revenue .....
Do investors still like this ASX 300 share price - FlexiGroup
August 28, 2020 06:39 PM AEST| By Team Kalkine MediaSummary ASX 300 Company, FlexiGroup has recently completed Institutional Entitlement Offer worth ~AU$79 million and is all set to finalise Share Purchase Plan on 2 September 2020. The proceeds would be utilised to boost the Company’s balan.....
Why is ASX 200 listed AVITA Therapeutics share price up today despite reporting FY20 loss?
August 28, 2020 05:37 PM AEST| By Team Kalkine MediaSummary ASX 200 listed healthcare company AVITA Therapeutics reported FY20 revenue of US$14.263 million from RECELL Systems, up 161%. However, The Company reported a loss of US$42 million for the year ended 30 June 2020, due to an increase in o.....
How has ASX 300 listed City Chic share price performed post FY20 results?
August 28, 2020 03:25 PM AEST| By Team Kalkine MediaSummary Amid the COVID-19-induced lockdowns, many retailers had to temporarily close their physical stores which had a massive impact on their business activities. Global retailer, City Chic Collective Limited, however, managed to deliver a con.....
NOVONIX Inks Agreement with Lake Resources to Produce High-Performance Lithium-Ion Battery Test Cells
August 28, 2020 01:34 PM AEST| By Team Kalkine MediaElectric vehicle makers are accelerating their production plans. On the other side, high-purity and responsibly sourced lithium are in increasingly short supply globally. Reciprocating to the increasing demand for high-performance materials, equipm.....
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