News

COVID-19 Prompts Earnings Guidance Withdrawal by CCP, SGM, SHL, MVF
March 20, 2020 07:15 PM AEDT| By Kunal SawhneyScepticism or Realism? Businesses across Australia are withdrawing earnings guidance, conforming to the downturn being witnessed across the global market as well as probability of a further near-term impact on operations, as COVID-19-affected regions...

Crude Oil Takes A Breather As U.S. Refineries Increase Imports Amid Declining Product Inventory
March 20, 2020 07:10 PM AEDT| By Kunal SawhneyCrude oil prices are taking a breather after a brief plunge which took place in the market due to the considerable impact of the COVID-19 outbreak over the global economy. Not just oil, many other consumption-based commodities such as base metals lik...

Australia forging Level 4 barricade as Coronavirus wreaks havoc
March 20, 2020 05:34 PM AEDT| By Team Kalkine MediaThe silence infiltrating the streets of many renowned cities and the darkness enveloping some of the world’s busiest centres, it appears as if the world is nearing the apocalypse. As our mind swirl with the scenes of the world ending movies, ou...

Worried over Low Exchange Rate? Probably These Sectors are Not!
March 20, 2020 05:22 PM AEDT| By Team Kalkine MediaThe AUD/USD pair is continuing to lose ground amid coronavirus panic sell-off in the global equity markets, dropping below 0.59 mark, signaling a well-established bearish trend. The pair touched as high as 0.63 mark on 13th March 2020 and fell by abo...

Takeovers and On-Market Buy-Backs Amid Market’s Red Sea Position – Viva Energy and OFX Limited
March 20, 2020 05:09 PM AEDT| By Team Kalkine MediaDue to pandemic COVID-19, the S&P/ASX 300 tumbled by ~51% from 7115.686 on 20 February 2020 to 4702 on 19 March 2020. It’s not only ASX but NASDAQ and TSX, to mention few, that too are witnessing similar trends. The stock markets across the...

Objectives & Outlook of Industrial Solutions Expert, Saunders International
March 20, 2020 04:56 PM AEDT| By Team Kalkine MediaSince its establishment in 1951, Saunders International Limited (ASX:SND) has been an active contributor to the Australian industrial development, growing from a specialist tank business to a mid-size, multi-disciplined construction, engineering and...

Australian IPO Market & Upcoming IPO Companies Next Week on ASX
March 20, 2020 04:55 PM AEDT| By Team Kalkine MediaNew IPO stocks have never ceased to attract share market participants. The transition from a private to a public company is not only an eventful time for the company, but also for new and old investors along with media and research platforms. Upcomin...

Communication Services and Telecom Sector Witness A Boost; Aussies Prefer Working from Home amid COVID-19
March 20, 2020 04:15 PM AEDT| By Team Kalkine MediaCOVID-19 Statistics till date: Lately, Australia has witnessed rising cases of COVID-19 on a daily basis. As of AEDT 6.30 am, on 19 March 2020, Australian Government, Department of Health has reported 709 confirmed cases of COVID-19 in the country,...

Coronavirus pandemic: BNPL player Afterpay feels the heat
March 20, 2020 04:00 PM AEDT| By Team Kalkine MediaWe are living in an era where the customer is king, and businesses strive hard to provide the best customer friendly services possible. One such service is BNPL (Buy Now Pay Later) which has emerged in the past few years. According to a report by the...

COVID-19, Not Limited to Humans; Copper Slips Near 3-Year Low as Virus Arrests Global Economic Growth
March 20, 2020 02:25 PM AEDT| By Team Kalkine MediaCopper prices are under a freefall mode as global economic activities, especially construction and infrastructure development, which utilises a significant quantity of copper, are taking hit due to the coronavirus or COVID-19 outbreak. Copper prices...

Infrastructure Positioning in Australia; What do Stocks Say Amidst Covid-19 Crisis?
March 20, 2020 02:22 PM AEDT| By Team Kalkine MediaEconomists across the globe agree that growth in an economy, as well as societal upliftment, depends on the level of infrastructure in the economy. Currently, Australia is exposed to numerous risks across several sectors, including infrastructure wit...

Are Entertainment Stocks Losing the Charm Amid Health Crisis?
March 20, 2020 01:54 AM AEDT| By Team Kalkine MediaA report released by the World Health Organisation on 18 March 2020 has reported a total 191,127 confirmed cases of COVID-19 in which 15,123 cases are new. Death, due to COVID-19, has reached 7,807 on a global level. In Australia, the number of pati...

Buy Now Pay later to Sell Now Buy Later Journey – APT, Z1P, FXL and SPT
March 20, 2020 01:36 AM AEDT| By Team Kalkine MediaIt’s in common knowledge that the Australian share market has been under immense pressure after the coronavirus pandemic began to weigh down on the nation’s economy, shaking consumers and investors confidence. Since Australia reco...

Australia on a thread of Crisis and Economic Shutdown worries Investors – Some Handy Tips
March 20, 2020 01:27 AM AEDT| By Team Kalkine MediaAustralia’s phase of interminable economic growth for about 28+ years is likely to end this year with the coronavirus pandemic has led the country into an economic turmoil. The viral disease has resulted in supply disruptions, trade halts, fall...

Tips for Buying in a Bear Market
March 19, 2020 11:58 PM AEDT| By Hina ChowdharyWhen the waves are crashing hard against the shore and the sailing boats quiver amidst the brimming storm, the old wisdom would suggest waiting in the safety of the homes till the calm morning arrives. But what if the stormy night is full of unexplor...

Cure for COVID-19 - Can Existing Drugs Combat Coronavirus?
March 19, 2020 11:55 PM AEDT| By Team Kalkine Media ...

Iron ore Prices Beating Market Headwinds as Supply Chain Gets Derailed Thanks to Virus
March 19, 2020 11:54 PM AEDT| By Kunal SawhneyIron ore prices are weathering the market challenges posed by the COVID-19 outbreak, and while many consumption-based commodities are taking a hit, iron ore prices are recovering at a rabbit-pace in the wake of supply woes and recovery in demand. Ir...

COVID 19 Outbreak & Market Mayhem- Should You Stock Up or Down on Equities?
March 19, 2020 11:52 PM AEDT| By Team Kalkine MediaThis would be probably the first time in history that global markets have been plagued by a virus! Be it Sylvia Browne’s prediction in her book doing rounds currently, that was written over a decade ago, or conspiracy theorists claiming to have...

COVID-19 Impact: 9 Stocks under Spotlight
March 19, 2020 11:50 PM AEDT| By Kunal SawhneyThe exceptional circumstances sprouting due to the rapidly spreading COVID-19 has led to devastation in the equity markets across the globe. Businesses are feeling the heat from the disease outbreak and resulting in the deceleration in the economy....

Earnings guidance likely to fade away this decade; BSL, NEC, RDC, DOW, BLD
March 19, 2020 11:45 PM AEDT| By Hina ChowdharyAt the backdrop of increasing uncertainty sparked by COVID-19 implications, Corporate world has been facing detrimental consequences, but China is coming back online gradually. Managers are withdrawing guidance as they experience material risks to th...

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