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Stock market
Why were ASX-listed Consumer Share Price under the Spotlight today - Retail Food, Freedom Food?
September 11, 2020 11:11 PM AEST| By Kunal SawhneySummary Australian consumer players Retail Food and Freedom Food came up with significant announcements today, attracting the attention of the market participants. Retail Food Group entered an agreement with Fonterra for the sale of Dairy Count.....
PayPal and Visa extend global partnership; a threat to erstwhile BNPL darlings APT and Z1P?
September 11, 2020 11:00 PM AEST| By Team Kalkine MediaAmid COVID-19 pandemic, payment preferences, as well as mode of interaction, have noted a pivotal shift with shopping method moving from physical stores to online marketplaces and cash payments to cashless transactions. As buy now pay later (BNPL).....
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ASX All Technology Index Continues to Slump, Afterpay Under Pressure: Is the Bottom Far Deeper?
September 11, 2020 09:29 PM AEST| By Team Kalkine MediaSummary The market continues to be highly volatile, with majority indices experiencing the pressure from NASDAQ’s fluctuating performance over the past two weeks. ASX technology sector has been amongst the worst-hit sectors in this time f.....
Flick Over FFR, COL, Webjet and DDR
September 11, 2020 06:30 PM AEST| By Team Kalkine MediaSummary Ever since the beginning of Covid-19 pandemic, global stock markets have been experiencing its wrath. Due to prolonged uncertainty, the market has been going topsy-turvy. Unless some medical breakthrough happens, businesses and stock ma.....
CLINUVEL’s Share Price Up ~9%, What Pushed the ASX 200 Healthcare Stock north?
September 10, 2020 07:10 PM AEST| By Team Kalkine MediaSummary ASX 200 company CLINUVEL PHARMACEUTICALS LTD disclosed the progression of SCENESSE® (afamelanotide 16 mg) for the treatment of xeroderma pigmentosum. Following the announcement CLINUVEL share price skyrocketed, ending the session at.....
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Why is ASX retailer MYR down today?
September 10, 2020 06:57 PM AEST| By Team Kalkine MediaMyer Holdings released full-year number this morning for the period ended 25 July 2020. Retail print by the Australian Bureau of Statistics (ABS) indicated normalisation in the clothing and footwear market in July. The pandemic impacted this .....
NOVONIX Aims To Be A Tier 1 Global Supplier In Fast Growing Advanced Materials Market
September 10, 2020 04:44 PM AEST| By Team Kalkine MediaNOVONIX Limited (ASX:NVX) is a highly respected and ground-breaking battery testing company. It spun out of Dr Jeff Dahn’s lab at Dalhousie University in Nova Scotia. Currently, the team renowned as leaders in modern battery technologies, evi.....
ASX Fintech Stocks- Afterpay and Zip Co Reverting to Mean Value
September 10, 2020 03:01 PM AEST| By Team Kalkine MediaSummary The global equity market is back in volatility with Nasdaq leading the pack, closer home ASX is also under heat taking cues from the global market. Many stocks that were till recently buzzing are correcting after a steep rally. Stocks .....
New Kid in the Block! Laybuy Continues to Buzz Post Stellar IPO
September 09, 2020 01:38 PM AEST| By Team Kalkine MediaSummary Stellar ASX debutant Laybuy is the latest addition to the fast-growing buy-now-pay-later (BNPL) space. New Zealand-based Laybuy has been under the spotlight with growth in online shopping. Laybuy shares finished first day’s trade.....
With the Market Cooling Off, A Glance at Two ASX Growth Stocks - Mesoblast, Ansell
September 09, 2020 12:00 AM AEST| By Team Kalkine MediaThe week ended 4 September 2020 was a challenging one for indices around the globe, including ASX, due to the significant drop in the index values as a result of tech-driven fall seen on Wall Street. However, there has been an improvement, albeit m.....
What has driven ASX200 listed Scentre Group share price today?
September 08, 2020 05:58 PM AEST| By Team Kalkine MediaSummary ASX 200 listed real estate manager and operator Scentre Group provided the rental collection details for August 2020. The improvement in collection compared to the past few months led to a favourable price movement of over 4% at the end .....
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Is this Robinhood Moment for Australia? Zip, Afterpay Back the New Trading Platform
September 08, 2020 02:04 PM AEST| By Team Kalkine MediaCOVID-19 pandemic brought changes to various businesses, and the stock markets across the world went into a roller coaster mode. The year 2020 has been unbelievable with the relentless virus gripping the entire world, bringing tremendous uncertaint.....
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Is this record-breaking ASX 200 player on a correction mode: Afterpay share price & sector squeeze?
September 07, 2020 08:32 PM AEST| By Team Kalkine MediaSummary The advent of Paypal in the BNPL market has created a ripple with all BNPL stock prices turning south. PayPal, with a database of more than 300 million users and 26 million merchants, is a potential threat to present BNPL players. With.....
3 ASX Growth Stocks That Corrected Last Week - Afterpay, NEXTDC and Medibank
September 07, 2020 08:25 PM AEST| By Team Kalkine MediaSummary The market seems to have bounced back after a gloomy week where a massive drop was seen across various sectors, majorly driven by the tech-led plunge on Wall Street. Afterpay experienced a drop of 14.48% during the week despite strong F.....
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Post partnering with NBC sports, ASX listed PointsBet begins Entitlement Offer to raise AU$153.2 million
September 07, 2020 04:09 PM AEST| By Team Kalkine MediaSummary With a trajectory of robust business growth, ASX listed PointsBet has been sweeping the market and has generated a return of 132.82% and 117.30% over the last one month and three months, respectively. Robust business performance during .....
Cobalt Blue Completes ~$7.33Mn Capital Raising Program, Funding to Support Broken Hill Pilot Plant Project
September 07, 2020 11:58 AM AEST| By Team Kalkine MediaAustralian exploration and development company, Cobalt Blue Holdings Limited (ASX:COB) has announced the successful completion of a capital raising program involving a placement and a Share Purchase Plan (SPP). The Company raised a total of $7,328,.....
3 ASX 200 listed Best Performers in August– IDP Education, Reliance Worldwide, WiseTech
September 07, 2020 12:00 AM AEST| By Team Kalkine MediaSummary Numerous businesses remarkable growth and robust business results acted as a catalyst for sizeable gain of 2.27% in the benchmark index S&P/ASX 200 Index(ASX:XJO) during August 2020. ASX 200 listed stocks such as IDP Education, Reli.....
ASX Reported a Massive Sell-Off due to Drop in Wall Street Index; Tech Sector slipped ~5.6%
September 04, 2020 11:00 PM AEST| By Kunal SawhneySummary Tech-led plunge on Wall Street had an adverse impact on the ASX by the end of the trading session on 04 September 2020. The technology sector was the worst performer with S&P/ASX 200 Information Technology dropping 157.2 points or 5......
ASX 200 Blue-chips BHP, CSL, Commonwealth, Westpac Share Prices See Deep Gash
September 04, 2020 06:19 PM AEST| By Team Kalkine MediaSummary The Australian markets took a tumble with the benchmark index S&P/ASX200 falling ~3% to hit a one month low. BHP’s FY20 Underlying EBITDA reported at US$22.1 billion dropped by 5%, revenue down by 3%. Cash NPAT of Commonwealt.....
Founder Richard White trims his stakes in ASX200 company WiseTech, should investors worry?
September 04, 2020 01:27 PM AEST| By Team Kalkine MediaSummary WiseTech’s Founder and CEO, Richard White, gained almost AU$9,959,109 on 3 September 2020 by selling his 175,511 direct shares and173,993 indirect shares at an average per-share price of AU$49 and AU$28.50, respectively via series .....
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