News

RBA Rate Cut and Morrison Government Stimulus Uplifts Home Currency, Downtrend to Linger?
April 08, 2020 10:21 PM AEST| By Kunal SawhneyThe domestic gross domestic product (or GDP) expanded by 0.5 per cent during the last quarter of the year 2019 on a seasonally-adjusted basis, as reported by the Australia Bureau of Statistics on March 04, 2020. However, while the last quarter witnes...

Tale of Megaport Limited: Capital Raising, Latest Financials and COVID-19 Risk
April 08, 2020 10:12 PM AEST| By Team Kalkine MediaThe novel coronavirus, SARS-CoV-2 has spread as rapidly as wildfire and has inflicted long-lasting harm on almost all the financial markets across the globe. Australia, like other economies, has borne the brunt of the infectious disease with the S&am...

Volt Resources Reports Progress On SEM Notes Issue and an Eventful First Half 2020
April 08, 2020 09:51 PM AEST| By Team Kalkine MediaVolt Resources Limited (ASX: VRC), an Australia-based mineral exploration company, that is exploring and developing its flagship Bunyu Graphite Project (wholly-owned) located in southern Tanzania with an ideal location near to critical infrastructure...

Cochlear's at-home Testing Tool Remote Check obtains Expedited FDA Clearance
April 08, 2020 07:50 PM AEST| By Hina ChowdharySome health sector companies are gaining profit by defying the market, going through the current crisis caused by a coronavirus in a commercial sense, and these stocks are eye-catching for some investors amid this pandemic. The profitable Australian...

Altium Affirms Steady Operational Position Amidst COVID-19 Pandemic
April 08, 2020 07:42 PM AEST| By Kunal SawhneyIn a time where most of the companies are severely impacted by the rising coronavirus cases and the uncertainty surrounding COVID-19, few companies have managed to position themselves well during this period. In this article, we would be looking at o...

Banking regulator tightens dividend paying capability, Fitch downgrades Banks
April 08, 2020 06:49 PM AEST| By Kunal SawhneySince capital standards were tightened in the aftermath of Financial System Enquiry 2014, the Australian banks are among the safest in the world. For instance – on internationally comparable standards, Commonwealth Bank had CET1 of 17.5%, which...

EIA Trims Crude Oil Average Price Forecast, While Saudi and Russia Scheduled to Pull A Chair to the Negotiation Table
April 08, 2020 05:31 PM AEST| By Team Kalkine MediaOil prices rallied recently after the United States President Donald Trump suggested both the giant oil producers, Saudi Arabia and Russia to pull-up a chair to the negotiation table; however, the cloud of pessimism is yet hovering above crude oil pr...

Stock Beneficiaries of Recovering Aussie Dollar
April 08, 2020 03:57 PM AEST| By Team Kalkine MediaThe Reserve Bank of Australia (RBA) on 07 April 2020 kept the interest rate steady at its record low of 0.25% amidst speculations regarding further reduction in the official cash rate (OCR), given the prevailing uncertainty due to Covid-19. Upon rele...

Blue-Chip ASX Resources Stocks – Are They the Best Among All
April 08, 2020 03:36 PM AEST| By Team Kalkine MediaCome 2020; Widely spread of COVID-19 has tumbled almost all the stock exchanges across the globe. The Australian equity market fell by ~36.5% (S&P/ASX 200, benchmark equity index of ASX) from its maximum A$7162.494 on 20 February to lowest A$4546...

Burn Care Providers Reported Robust March Quarter Dodging COVID-19
April 08, 2020 02:56 PM AEST| By Team Kalkine MediaUndoubtedly, Healthcare sector is gaining traction amid health emergency induced by the COVID-19 pandemic, with several companies tapping the market opportunity to look into the prevention and treatment of this fatal virus. Countries are in lockdown...

ASX-listed Airlines and Aviation Service Stocks Well Rooted For Uptrend Continuation?- QAN, SYD, WEB and AQZ
April 08, 2020 02:49 PM AEST| By Team Kalkine MediaThe COVID-19 outbreak has taken a toll on many industries, sectors, and major indices, leading to a steep sell-off in the equity market across the globe. However, as the growth rate of the virus eases across many affected nations, the global equity m...

Is it an inflection point for the COVID-19 pandemic?
April 08, 2020 02:20 PM AEST| By Team Kalkine MediaWith people sitting in their homes, cars static at their spots, and airlines and businesses shut, the novel coronavirus pandemic has brought the world to a standstill. It is a scenario no one could have fathomed two months ago. COVID-19 has affected...

Real Estate Market Updates Amid COVID-19 - SCG, SCP, GPT
April 08, 2020 01:35 PM AEST| By Team Kalkine MediaGiven the Covid-19 impacts on individuals, businesses and economy, the Government is taking various measures to deal with the situation, such as a stimulus package of $17.6 billion to keep Australian citizens in job, keep companies operational and as...

Australian Dental Industry and ASX listed Stocks amid COVID-19 Pandemic
April 08, 2020 01:02 PM AEST| By Team Kalkine MediaThe dental service industry in Australia is primarily privately funded in comparison with other health care services and include orthodontics, general dentistry, prosthodontist and various other complementary services. As the cases of coronavirus ha...

Five Gold Stocks to Watch In 2020
April 07, 2020 09:17 PM AEST| By Hina ChowdharyThe beginning of 2020 witnessed more fluctuation in gold prices than the previous year. Last year, S&P/ASX All Ordinaries Gold index price rallied 60% higher from 5447.9932 in January 2019 to 8730.165 points, as on 8 August 2019. Later, it fell t...

COVID-19 Update and Impact on FY Guidance: MAH, WGN, ZEL, SRV
April 07, 2020 09:04 PM AEST| By Kunal SawhneyThe race to come up with a treatment to cure the virus-infected citizens is picking tempo, and different countries including US, China, and Australia are actively looking for ways to curb the spread of the virus and treat the infected patients. The d...

Market Update: Performance of Australian Equity Market on 7th April 2020
April 07, 2020 08:49 PM AEST| By Team Kalkine MediaThe Australian equity market ended in red at the close of session on 7th April 2020. The S&P/ASX200 closed at 5252.3 with a decline of 34.5 points or 0.65%. S&P/ASX 200 Consumer Staples (Sector) was down by 187.2 points and settled at 12,078....

Latest with stocks in IT space- IRE, CPU, MP1
April 07, 2020 05:59 PM AEST| By Team Kalkine MediaAmid the COVID-19 pandemic, several companies have initiated measures to prevent or minimise the impact on their business, teams and communities. At the same time, few of them have also updated their investors with recent business developments. Let...

The Burgeoning Leads from Healthcare Space- CSL, CUV, AVH
April 07, 2020 05:20 PM AEST| By Team Kalkine MediaThe Australian Securities Exchange healthcare sector has been one of the top-performing sectors in the stock market space in the Australian region over the past one year period. And a few entities from healthcare sector have seen gaining solid share...

Five Peer-to-Peer (P2P) Lenders in Australia
April 07, 2020 04:59 PM AEST| By Team Kalkine MediaP2P lending is a business of lending funds to individuals in need through an online platform or marketplace. In this type of lending, the investor sources capital to the platform operator, who thenlends the funds to the individuals and charges intere...

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