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News
Healthcare Player Virtus Health Takes The ‘COVID-19’ Hit
March 25, 2020 03:21 AM AEDT| By Team Kalkine MediaThe impact of the coronavirus outbreak has been devastating, to say the least. The statement was corroborated by the Managing Director of IMF, Ms Kristalina Georgieva who, on 23 March 2020, said that the outlook for the remainder year is bleak with a...
Milk products and Infant Formula Stocks get a breather amid Global Health Crisis
March 25, 2020 03:09 AM AEDT| By Team Kalkine MediaIn the present scenario where markets seem to go haywire amid the COVID-19 pandemic, there is no industry that has not felt the impact of the economic turmoil. While some industries were hit harder than the rest like travel and tourism, some had a sm...
Consumer Discretionary Stocks Amid COVID-19, Is There A Ray of Hope?
March 25, 2020 03:01 AM AEDT| By Team Kalkine MediaWhile we remain quarantined wondering what propelled nature to confine us all within the walls of our home, the World Health Organization (WHO) has revealed that as on 24 March 2020, there are over 334 k confirmed cases, more than 14 k confirmed deat...
Stocks with Update on COVID-19 Pandemic – IGL, LNK, CWP, APE
March 25, 2020 02:57 AM AEDT| By Team Kalkine MediaCorporate world is facing detrimental consequences at the backdrop of increasing uncertainty sparked by COVID-19 implications. Consequently, the Australian Government and businesses are taking all the required measures to prevent the transmission of...
Market Update: Australian Market Ended in Green on 24th March 2020
March 24, 2020 10:15 PM AEDT| By Team Kalkine MediaThe equity market of Australia settled in green at the end of trading session on 24th March 2020. The benchmark index S&P/ASX200 settled at 4735.7 with a rise of 4.17%. S&P/ASX200 has lost 10.54% and 23.56% over the last five days and 52-week...
Four Iron Ore Stocks Under Positive Territory Amidst Market Turmoil- Rio, FMG, CIA, and S32
March 24, 2020 05:14 PM AEDT| By Team Kalkine MediaIron ore prices are showing a slight correction after a decent up move; however, ASX seems to be favouring iron ore stocks, with most of themmoving in positive territory for the second consecutive trading session. To Know More, Do Read: Iron ore Pri...
Marley Spoon Zooming Up Amidst Increased Sales and Deliveries
March 24, 2020 04:02 PM AEDT| By Team Kalkine MediaAt a time where most of the companies have been severely impacted by the COVID-19 outbreak, there is one company, an ASX-listed consumer discretionary player,that has shown significant improvement in its share price. The name of the company is Marley...
Leisure And EntertainmentSpace To Require A Push Once The Virus-Led Dust Settles
March 24, 2020 03:40 PM AEDT| By Team Kalkine MediaCoronavirus and measures taken to curtail its spread are hammering key industries, spoiling the global economic activity and threatening recession for economies all over the world. Supply disruptions, job losses, falling sales and profits, trade and...
Loading versus Unloading of Shares in Wobbly Markets - MGG, PME, SHL, CUV, BRN
March 24, 2020 03:21 PM AEDT| By Team Kalkine MediaStock markets across the globe are under immense pressure due to growing spread of COVID-19, that has so far taken the lives of more than 16,000 people while infecting around 380,000 people. Loading and unloading of shares is common in the markets, a...
Looking for the Silver Lining in the Bouncy Covid-19 Ride: Afterpay Under Action
March 24, 2020 02:54 PM AEDT| By Team Kalkine MediaIn the span of less than three months, silence seems to have travelled the oceans and crossed the borders as it now lay its foot stretched across the continents. Quarantined, while we wait in the confinement of the four walls, we realise that the chi...
Recession, and how do we Measure it?
March 24, 2020 02:42 PM AEDT| By Team Kalkine MediaAccording to many economists around the globe, recession is considered as two straight quarters of decline in real economic activity. But this definition looks good in textbooks only and is of little use if we start experiencing a downfall in economi...
Quick bites on business plans of ASX-listed oil and Energy Companies To Deal With Stormy Market
March 24, 2020 12:52 PM AEDT| By Team Kalkine MediaASX listed oil companies are adopting various measures as crude oil prices in a freefall mode with the price of spot Brent crude dropping to USD 25.34 a barrel on 23 March 2020, across the international front amid the coronavirus outbreak and its imp...
Ray of Hope amid Coronavirus Pandemic- Positive News during the Scare
March 24, 2020 04:04 AM AEDT| By Hina ChowdharyDeclared as a pandemic, COVID-19 is wreaking havoc across the globe with around 3,41,722 cases, and approximately 14,765 deaths, as on 23 March 2020 (AEDT 8:51 PM). Amid the scare, cities have been locked down, economies are dwindling, global stock m...
Industrial Stocks Suffer From COVID-19 Woes, But Stay Calm Amid Turbulent Market
March 24, 2020 03:54 AM AEDT| By Kunal SawhneyOver 339k confirmed cases. More than 14.7k deaths. A Pandemic that has the globe shaken! Yes, the most recent coronavirus outbreak, COVID-19 has created havoc in our daily lives, making people ill, impacting businesses, and forcing slumped economies...
Easy on Dividend Cut or Salary Cut – How are Stocks Fighting COVD-19
March 24, 2020 03:49 AM AEDT| By Team Kalkine MediaThe world is witnessing a never-before misery amidst the current Covid-19 situation, especially businesses and its stakeholders. Originating from China, the disease has made its way to other countries and regions like the US, Italy, Middle East, Aust...
Financial players NIB and MNY Suspend Guidance owing to Coronavirus Outbreak
March 24, 2020 12:00 AM AEDT| By Kunal SawhneyThe havoc wrought by COVID-19 disease has impacted all the sectors directly or indirectly. As per the Organization for Economic Cooperation and Development (OECD) March 2020 Report, the growth of global GDP is likely to dip from 2.9 percent in 2019 t...
Market Update: Australian Markets Ended in Red: S&P/ASX Down by 5.62%
March 23, 2020 11:02 PM AEDT| By Team Kalkine MediaIn the present scenario, it looks like fears of COVID-19 are influencing the global markets. The performance of Australian markets is sensitive to the macro-economic parameters as well as to the health of Australian economy. On March 23, S&P/ASX2...
Why Everyone is Looking at These 10 Names – Australia’s Fastest-Growing Companies
March 23, 2020 09:23 PM AEDT| By Hina ChowdharyAs we move to a more connected and fast-paced world, technology has an important role to play. Irrespective of the nature of business, technology has a crucial role in strengthening the business and taking it to new highs with several value additions...
Gold Stocks Becoming Investors’ Favourite? Depreciating Currency and Brighter Gold
March 23, 2020 08:31 PM AEDT| By Kunal SawhneyGold stocks are performing like a charmer amidst the market crisis prompted by the COVID-19 pandemic, well supported by the underlying commodity- gold, which is taking strong roots around the peak value of $2,696.94 (intraday high on 3 March) to pres...
Earnings and Guidance Withdrawal of Real Estate Players - SGP, CQE, ARF
March 23, 2020 08:05 PM AEDT| By Kunal SawhneyDue to the rapid escalation of preventive measures employed by the Government and business for reducing the spread of the coronavirus and the current uncertainty in relation to the duration and impact of this pandemic on the operations, many companie...
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