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News
A closer look at two mining companies – MLD, ORE
January 22, 2020 04:07 AM AEDT| By Kunal SawhneyGrowth in topline of a company is crucial to the performance of the overall business, However, if the company is expanding its operations by way of acquisitions, mergers as well as roll out of new products, the topline can grow exponentially. Also, n...
Platform Operator, HUB24 Posts Record Net Inflows of $2.5 Billion in 1H FY20
January 22, 2020 04:02 AM AEDT| By Team Kalkine MediaBased in Sydney, HUB24 Limited (ASX:HUB) operates investment and superannuation platforms, connecting financial advisors and investors. The company’s superannuation and investment platform is one of the leading portfolio administration services...
1.6 Bn BBLs Resources Confirmed at Peregrine Project: XCD Energy’s Stock Soared by 25%
January 21, 2020 11:09 PM AEDT| By Team Kalkine MediaAlaska North Slope, one of the super basins with commendable historic production greater than 16 billion barrels (bn bbls) till date with remaining resources of 28 bn bbls, has shown optimistic resource estimation for XCD Energy Limited (ASX: XCD)- a...
Market Update: How Australian Market Performed on 21 January 2020?
January 21, 2020 10:01 PM AEDT| By Team Kalkine MediaOn 21st January 2020, the Australian market closed the trading session in red. The benchmark index i.e., S&P/ASX 200 settled at 7066.3 with a fall of 13.2 points or 0.2%. At the close of the session, All Ordinaries also ended in red and settled a...
U.S. Contours All-Time High Oil Production; Libya Supply Constraints Subdued
January 21, 2020 06:54 PM AEDT| By Team Kalkine MediaCrude oil prices are again slumping in the market with Brent crude futures on the International Commodity Exchange plunging from USD 65.78 (intraday high on 20 January 2019) to the present level of USD 64.89 a barrel (as on 21 January 2020 2:52 PM AE...
Australian equity market trading at high levels- What does this mean for Investment managers?
January 21, 2020 06:26 PM AEDT| By Team Kalkine Media2019 was a tumultuous year for many fund managers as they witnessed geo-political ructions and macroeconomic events that have not been witnessed before. In terms of the domestic market, the Australian equity market is currently trading at high levels...
A look at the Real Estate Space - SCP, CLW and GOZ
January 21, 2020 06:14 PM AEDT| By Team Kalkine MediaIn the recent past, the real estate segment experienced some growth aided by the marginal improvement in the consumer sentiment. Due to tepid GDP growth in the recent past, the overall segment might continue to witness some challenging times for the...
Management Updates on Carsales.com, Metcash, Contact Energy
January 21, 2020 06:10 PM AEDT| By Team Kalkine MediaWith reference to managing a company, there are several stakeholders like chief officers, directors, managers and most importantly the shareholders who guide the company to accomplish its goals and objectives. Management is the backbone of the compa...
ASIC Approves Raiz’s Bitcoin Fund- Revival Signs for Crypto and Bitcoin?
January 21, 2020 06:03 PM AEDT| By Team Kalkine MediaOne of the most modern mediums of exchange, cryptocurrency is a digital currency which has gained massive popularity with merchants and delivery sites deeming it as their payment mechanism option. Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Li...
Surging ASX Defies Downgrade Warnings
January 21, 2020 05:39 PM AEDT| By Team Kalkine MediaOn 20 January 2020, the benchmark index, S&P/ASX 200, closed at another record high 7,079.5, up by 0.22% during the day from the previous close of 7,064.1 on Friday, 17 January 2020. The gain in the benchmark index was supported by the top gainer...
Australia’s top dentistry businesses and interesting ASX stocks – ONT, PSQ, SIL
January 21, 2020 04:36 PM AEDT| By Team Kalkine MediaThe dental industry of Australia is highly fragmented, comprising of mainly the dental practices that are small, independent businesses which are done without the support of any aid. About seventy percent of dental services in Australia are off...
What is Driving Copper Prices in International Markets; Price hits 8 Month High
January 21, 2020 04:28 PM AEDT| By Team Kalkine MediaFor the last 12 to 18 months, most of the commodity markets were plagued by the ongoing unresolved US-China trade tensions apart from the other geopolitical tension throughout the globe, and with the onset of the new year 2020, we have already seen t...
Two stocks in Green Zone today- DTL, PGH
January 21, 2020 04:11 PM AEDT| By Team Kalkine MediaS&P/ASX 200 index has gone down by 25 points today (AEDT 3:15 PM), with majority of the main indexes also trading in the red zone. Despite this, few stocks have gained some momentum today with the release of some positive updates. Let’s tak...
Latest in Cannabis Space: MXC, THC
January 21, 2020 04:11 PM AEDT| By Team Kalkine MediaThe booming cannabis industry comprises three divisions- primary, secondary and tertiary. The primary division comprises raw material providers (seed providers and cultivators), secondary includes the manufacturers who transform raw materials into pr...
AFIC announces first half FY2020 results
January 21, 2020 03:51 PM AEDT| By Team Kalkine MediaAFIC announces first half FY2020 results Profit is one of the measures to describe the performance of a business in the era of diversified financial systems. A business becomes profitable when the total revenue of the business surpasses the expenses...
That kind of luxe just ain’t for us: Harry and Meghan to relinquish taxpayer support
January 21, 2020 02:42 PM AEDT| By Grace ChappleIn a week that was dominated by talk of the Australian bushfires, US/Iranian tensions, and the downing of a passenger jet, it is still unsurprising that for many, the biggest news story of early January was of the astonishing division of the British...
Consumer Discretionary Space: WEB, SUL, KGN, JAT
January 21, 2020 02:20 PM AEDT| By Team Kalkine MediaIn this article, we are discussing four companies from the consumer discretionary sector that have recently released an update to the stock market. These companies include a consumer product business, a travel agency, an online retailer, and a retail...
What’s latest with these stocks – CMW, WGX
January 20, 2020 11:32 PM AEDT| By Hina ChowdharyWe will be covering the recent updates of two diversified stocks with the latest operational activities of these two businesses; one from the Investment Management Company and another from the mining and resource company. Cromwell Property Gro...
NIB Downgrades FY20 Profit Due to Increase in Claims
January 20, 2020 11:20 PM AEDT| By Kunal SawhneyNIB Holdings Limited (ASX:NHF) is a private health insurer in New Zealand and Australia, it distributes and underwrites private health insurance to New Zealand and Australian residents as well as international students and visitors to Australia. The...
Internet stocks set new highs as 2020 kicks off
January 20, 2020 11:10 PM AEDT| By Team Kalkine MediaThe year 2020 has begun on a strong note for internet stocks. Amongst the popular FAANG stocks, the shares of Facebook, Apple and Google from 2 January 2020 till 17 January 2020 have delivered a growth of 5.89% ,6.12% and 8.098% respectively. On the...
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