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News
Understanding the Performance of Markets on 6th July 2020.
July 06, 2020 08:42 PM AEST| By Team Kalkine MediaOn 6th July 2020, the equity market of Australia ended in red, and the benchmark index S&P/ASX200 went down by 43.3 points to 6014.6. The index has gained 3.43% during the last five days. S&P/ASX 200 Materials (Sector) experienced a fall of 1...
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Market Update: Understanding the Performance of Markets on 6th July 2020
July 06, 2020 08:38 PM AEST| By Team Kalkine MediaOn 6th July 2020, the equity market of Australia ended in red, and the benchmark index S&P/ASX200 went down by 43.3 points to 6014.6. The index has gained 3.43% during the last five days. S&P/ASX 200 Materials (Sector) experienced a fall of 1...
Oil prospects: current economic milieu and path to recovery
July 06, 2020 08:10 PM AEST| By Hina ChowdharyThe connection between oil prices movement and economic performance is too profound. According to the IMF, a deeper global recession is expected with output to shrink by 4.9% in 2020 than the 3% contraction predicted in April. As new cases are emer.....
Latest on the US jobs report, US WTI oil futures and indices across the Globe
July 06, 2020 07:31 PM AEST| By Kunal SawhneyThe US stocks rallied on 2 July post June employment report reflected that employers in the US added a record 4.8 million jobs in May, much more than anticipated, reassuring investors that economy was on the path of recovery from coronavirus induce.....
lululemon pays half a billion for MIRROR
July 06, 2020 07:11 PM AEST| By Kunal Sawhneylululemon athletica inc., a healthy lifestyle inspired athletic apparel company, has reached a deal to acquire exercise hardware start-up MIRROR. In the last decade, apparel retailers faced distress, leading to closure of many stores, bankruptcies.....
Amazon's Jeff Bezos sets a new record as world's richest person, with net worth above $171 billion
July 06, 2020 05:03 PM AEST| By Team Kalkine MediaAs large and popular as Amazon.com, Inc. is today, it is difficult to imagine that it all started from a garage. Presently, on revenue front, Amazon is the major e-commerce entity worldwide, or rather, we should address it as an internet behemoth......
Pain in the Game: Qantas Over JobKeeper Scheme
July 06, 2020 04:35 PM AEST| By Team Kalkine MediaSince the beginning of coronavirus crisis, we have heard a lot about Virgin Australia Holdings Limited (ASX:VAH), which saw its worse during the unprecedented crisis and went into voluntary administration. Not only the Australia.....
Stocks under the Scanner: MQG, JHG, PDL, PPT, MGG
July 06, 2020 02:45 PM AEST| By Team Kalkine MediaThe Australian ASX 200 index comprises of 11 sectors with the financial sector having the biggest share in it. According to the S&P Dow Jones Indices, the financial sector contributes 27.3% to the overall index (As on 30 June 2020). The breakdo.....
Four Reasons Banks are still Investors’ Good Friends
July 06, 2020 02:30 PM AEST| By Team Kalkine MediaAustralian major banking stocks are trading in negative territory at the start of the week amidst rise in the cases in Victoria and looming threat of the second infection wave. The financial positioning and performance of key banks remained under .....
What is Latest in the Australian Automotive Industry?
July 06, 2020 01:43 PM AEST| By Team Kalkine MediaThe health minister Matt Hancock said that the UK will be able to start its vaccination drive next month before Christmas. Bulk of the rollout will begin by the next year’s beginning with life returning to normal after Easter, he added. The .....
Budget deficit reaches $65 billion; Can Australia afford to extend subsidies?
July 06, 2020 01:30 PM AEST| By Team Kalkine MediaAustralia’s budget deficit has swollen to $65 billion, eleven months into the financial year with revenues falling and spending hitting the roof amid coronavirus pandemic. As per the monthly financial statement released by the Finance Ministe.....
Hey Travel Lovers! It’s Time to Explore Your Own Backyards
July 06, 2020 01:15 PM AEST| By Team Kalkine MediaWhile COVID-19 pandemic threw travel industry out of gear amid border restrictions placed to contain the virus spread, recovery in domestic travel sector appears just a few blocks away now. Virgin Australia’s latest move to add seventeen new .....
Making Wrong Investment Decision? Blame Your Amygdala!
July 05, 2020 12:45 AM AEST| By Hina ChowdharyInvestors are humans. And humans are complex. At times, we can be too impulsive, hastily letting emotions get the better of us and on other occasions, too deliberate, treading with caution before decision making. Have you ever wondered what possib.....
Starlink, The Next Disruption from Elon Musk’s SpaceX Promises High Speed Internet Globally
July 05, 2020 12:40 AM AEST| By Kunal Sawhney6 billion Space exploration has been the unchartered territory which enjoyed exclusivity only to the national space agencies including NASA, RosCosmos, EADS, CNSA and ISRO. The sole thought of space exploration has been the curiosity of humankin...
7 Most Googled Stocks of this month – Tesla, Apple, AstraZeneca, Afterpay, Kogan, Commonwealth Bank, CSL
July 05, 2020 12:35 AM AEST| By Team Kalkine MediaIn this article, we would discuss companies that are trending on Google search. These include global companies as well as domestic businesses. Some of these stocks are touching their lifetime highs, as investor sentiments towards these stocks have .....
Commodity Market Wrap- All That You Need to Know
July 05, 2020 12:30 AM AEST| By Hina ChowdharyCommodity market had witnessed jam-packed actions so far on the precious metal, iron ore, crude oil, and base metals front, offering a see-saw ride to investors. On the precious metals front, the gold spot rallied over the fear of emerging second .....
Lens on Aroa Biosurgery: Medical Device Company Set for ASX debut
July 05, 2020 12:10 AM AEST| By Kunal SawhneyThe process of issuing shares by a Company for the first time on a stock exchange is known as an IPO, or Initial Public Offering. The IPO roadshow creates media houses as well as investors very thrilled, as they wait for revealing a new story on th.....
Seafood Industry Impacted by the COVID-19 Disruptions: A Look at CSS’s Strategy
July 05, 2020 12:00 AM AEST| By Team Kalkine MediaThe worldwide leader in full cycle breeding, production and sale of Yellowtail Kingfish, Clean Seas Seafood Limited (ASX:CSS) witnessed a material impact on Q4 FY20 sales. The effects of COVID-19 lockdown measures and post lockdown restrictions wer.....
What is buzzing around Robinhood stocks?
July 04, 2020 02:16 AM AEST| By Team Kalkine MediaThere are some larger bloopers for a trading firm than its clients being unable to move money when financial markets hit notable highs. That’s exactly what happened at the US-based brokerage firm Robinhood earlier this year. The re.....
Scope of Perimeter Security Market: A Glance at SOR, DRO, SP3
July 04, 2020 01:53 AM AEST| By Hina ChowdharyPerimeter security refers to the barriers that ensure keeping intruders away or to keep the captives within the boundary. Perimeter security is designed in a way to safeguard employees, visitors, and building functions and services from the threat .....
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