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News
5 Rising Stars on TSXV: Facedrive, BQE Water, PyroGenesis, Metalla & GreenPower
August 27, 2020 05:10 PM AEST| By Team Kalkine Media(Image credit: Pixabay) Summary The TSXV index has gained 23.67 per cent this year, higher than the TSX index that declined by 2.61 per cent in the same period. Rally in the junior Canadian market is being led by companies like Facedrive, BQE...
Closing Bell: Energy Gains Help TSX Rise
August 27, 2020 01:10 PM AEST| By Team Kalkine MediaCanada’s broader equity index bagged 172.49 points or 1.038% to touch 16,789.97 on Wednesday, August 26. Communication stocks stole the show, with the TSX information technology index gaining by 3.36%. TSX financial index followed next,...
UBS Follows Suit of Other Investment Banks in Downgrading UK’s GDP Forecast For 2020, Remain Firm for A Bounce Back in 2021
August 26, 2020 11:20 PM AEST| By Team Kalkine MediaThe data of British GDP published by the Office of National Statistics (ONS) earlier this month officially confirmed that the economy is now in recession. Registering a decline of 20.4 per cent, the shrinkage was sharper than most observers had exp.....
Enbridge, Suncor & Canadian Natural Resources: 3 trending high-income energy stocks on TSX
August 26, 2020 11:10 PM AEST| By Team Kalkine MediaThe COVID-19 pandemic has wreaked havoc in the energy industry, the third largest sector (by weightage) on the Toronto Stock Exchange (TSX). The TSX energy index touched historic lows in over two decades in March this year. The sector struggled wit.....
Walmart Canada & Canadian Tire: 2 Retail Stocks Investors Are Eyeing in 2020
August 26, 2020 03:55 PM AEST| By Team Kalkine Media(Image credit: Pixabay) Summary Canada’s retail sector has been battered by the pandemic as consumers maintain social distancing and avoid physical stores. As a result, several retail brands have announced closures or filed for bankruptc...
Base Metals And Utilities Stocks Pull Down TSX Index
August 26, 2020 01:11 PM AEST| By Team Kalkine MediaOn TSX: The broader benchmark index of the Toronto Stock Exchange, TSX Composite Index, ended the Tuesday’s session slightly lower at 16.617.48, down 9.16 points or 0.06%. Base metals and utilities stocks suffered on the broader exchange....
Are The Prospects Of A No-Deal Brexit Increasing?
August 25, 2020 11:11 PM AEST| By Team Kalkine MediaMichel Barnier, chief negotiator, European Union (EU) is a strong negotiant and has asked the EU states to be thick-skinned with Britain as the Brexit deadline is coming closer. During the seventh round of trade negotiations held between the two p.....
S&P/TSX Composite Index gains over 100 points on Monday
August 25, 2020 01:10 PM AEST| By Team Kalkine MediaOn TSX: The S&P/ TSX Composite Index ended Monday’s session in positive territory, adding 108.79 points or 0.66% to 16,626.64. Energy and financial stocks were the biggest movers. The energy and financial indices were up 4.3% and 1.67...
Bombardier, HEXO & Jaguar Mining: 3 trending stocks under C$1 to boost your investment
August 25, 2020 10:39 AM AEST| By Team Kalkine Media(Featured Image courtesy: Pixabay) Summary The COVID-19 pandemic has played havoc in stock markets in 2020. After witnessing steep lows in March, the market is now slowly recovering. Shares of Bombardier (TSX: BBD), HEXO (TSX: HEXO), and Jagu...
How Anti-Chinese Sentiments Are Shaping Facebook vs TikTok Battle
August 25, 2020 03:25 AM AEST| By Team Kalkine Mediamarkets continues. ByteDance, owner of the short video-sharing platform TikTok, has been fighting battles on multiple fronts. One on hand, it is getting ready to sue the Trump administration that demands its US assets be sold, on the oth...
Allow Takeaways at alert level 4 - Hospitality businesses, Is it Safe?
August 24, 2020 02:25 PM AEST| By Team Kalkine MediaPrime Minister Jacinda Ardern earlier announced Auckland returning to Alert Level 3 with rest of the country at Alert Level 2. The statement came after four cases of community transmission, with a total of 14 new cases in Auckland had been c.....
From CERB to EI: Canada Revises Pandemic Income Support Programs
August 22, 2020 11:00 PM AEST| By Team Kalkine MediaInsurance premiums for workers and businesses kept intact at 2020 levels for next two years. Three more new one-year income support benefits proposed for those not covered under EI. The short era of the Canada Emergency Response Benefit...
4 Emerging Companies on TSXV: DGTL, Ridgeline, CloudMD & RIWI
August 22, 2020 06:39 PM AEST| By Team Kalkine MediaSummary The TSXV is a breeding ground for early stage companies. The TSXV index has performed well in the face of pandemic, posting higher YTD returns than the broader TSX index. The first half of 2020 was strong for basic materials sector on .....
LNG in a Hive of Activity, Contango as Winter demand Beckons
August 22, 2020 04:36 PM AEST| By Team Kalkine MediaAs the LNG market prepares for a major contraction in the yearly levels during 2020, the industry players have been proactive enough to manage the supply cuts, which followed the major demand destruction disrupting the LNG trade. The LNG prices on.....
Before They Were Famous: Inspiring Beginnings of These Five Billionaires
August 22, 2020 01:16 PM AEST| By Team Kalkine MediaHave you ever wondered what most successful people did before they were rich and famous? What did they do when they were young, and how did they get so successful? It is interesting to note that some of the wealthiest people were not born with a si.....
TSX ends the week on positive note
August 22, 2020 01:10 PM AEST| By Team Kalkine MediaOn TSX: TSX Composite Index, the benchmark index of the Toronto Stock Exchange, ended the week on a positive note, added 0.02% over seven days. However, on Friday, the index gave up 88.91 points or 0.54% to settle at 16,517.85. Energy and healthcare...
Back to school kit for online studying amid Coronavirus pandemic
August 22, 2020 12:49 PM AEST| By Team Kalkine MediaEducation institutions are closed in most of the countries because of Novel coronavirus pandemic since the beginning of this year. Though schools and colleges are not operating on-ground, virtual learning has taken over the standard process of.....
Technology Stocks Pull TSX In Green After Two Days of Losses
August 21, 2020 01:11 PM AEST| By Team Kalkine MediaON TSX: After two consecutive days of losses the benchmark index of the Toronto Stock Exchange, S&P/TSX Composite Index, traded in green on Thursday and added 29.38 points or 0.18% against the previous close to touch 16,607. Technology stocks mov...
TSX Composite settles in red, dragged by healthcare and energy
August 20, 2020 01:11 PM AEST| By Team Kalkine MediaON TSX: The S&P/TSX Composite Index continued in the red territory on Wednesday, ending 48.68 points or 0.29% lower at 16,577.38. Healthcare and energy sector stocks dragged index lower, with S&P/TSX Capped Healthcare Index ending 0.90%...
Road to Economic Salvation Not Easy For Chrystia Freeland, Canada's First Woman Finance Minister
August 19, 2020 10:01 PM AEST| By Team Kalkine Mediainancial reporting under the belt. Canadian Prime Minister Justin Trudeau has named deputy PM Chrystia Freeland as the new Finance Minister, after Bill Morneau stepped down from the post over policy differences. In addition to the cabinet shuffl...
Canadian AI All-Stars: Unveiling the Top Stocks for 2024