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News
Australian States Ponder Opening Borders: A Potential Booster Shot for Travel Industry
June 20, 2020 01:10 AM AEST| By Kunal SawhneyAs coronavirus (COVID-19) pandemic took the world by storm, some countries like the United States and Brazil suffered high death tolls and infected population. However, at the same time, there are several other countries including Australia that se.....
Anticipated drop in international students likely to hit Australian universities
June 20, 2020 01:07 AM AEST| By Team Kalkine MediaChina has been running in troubled waters since the COVID-19 pandemic broke out in the country, with the novel coronavirus crippling to most of the world now. Communist Party of China grew increasingly uneasy with the demand for an independent enqu.....
Market Update: Performance of Australian Markets on 19th June 2020
June 19, 2020 11:00 PM AEST| By Team Kalkine MediaAt the close of the trading session on 19th June 2020, equity market of Australia ended in green. S&P/ASX200 moved up by 6.1 points to 5942.6. During the last five days, the index has gained 1.62%. S&P/ASX 200 Consumer Staples (Sector) settle...
TikTok is popular no doubt, but it is not ticking the right box in the US
June 19, 2020 10:38 PM AEST| By Hina ChowdharyTikTok positioned in the market as a humorous online spot recorded immense growth during the March Quarter. The social media video creating and sharing app has enjoyed tremendous popularity ever since its merger with Musical.ly. The company looking.....
ASX Pulls Back From 6000 Mark: Quick Facts You Should Not Miss!
June 19, 2020 10:25 PM AEST| By Kunal SawhneyAs the third week of June ends, the Australian market ended Friday, 19 June 2020, mostly flat with ASX 200 closing 6 points or 0.1 per cent higher at 5,942 47. The index was up 1.1 per cent at its best levels of the day, just over 6,000 points. Ove.....
Reinvigorating the Lithium Landscape: Altura’s lithium supply contract with Major Shareholder
June 19, 2020 09:45 PM AEST| By Team Kalkine MediaAltura Mining Limited (ASX:AJM), a key player in the global lithium market, has announced to have secured both a contract for 2020 and a multi-year Binding Offtake Agreement (BOA) with Hunan Yongshan Lithium Co., Ltd, a subsidiary of Ningbo Shansha.....
Blue-Chip Stocks Under Spotlight: TLS, WPL, WES, GMG, CSL
June 19, 2020 09:31 PM AEST| By Hina ChowdharyAlthough S&P/ASX 20 was down, benchmark index S&P/ASX 200 ended the day in positive territory, marginally moving upward by 0.1% or 6.1 points to 5,942.6, on Friday, 19 June 2020. The companies under discussion closed higher for the day, exc.....
Is 2020 the year for 5G amid COVID-19?
June 19, 2020 09:15 PM AEST| By Kunal SawhneyCurrently, connectivity needs of the people are changing, and it seems that 4G networks would not be able to keep up with this ever-changing demand. The emergence of new G into play-5G 5G is set to revamp the way everyone works or live. With&nbs.....
Chevron to Offload its Stake in NWS JV; Market Sees Woodside a Potential Buyer
June 19, 2020 09:06 PM AEST| By Kunal SawhneyThe oil market across the globe has witnessed some tough time due to COVID-19 outbreak’s impact on the global demand, and despite a lot of production cut in place, the Organization of Petroleum Exporting countries (or OPEC) anticipates the gl.....
Optimism around Economic Outlook; Cyber-attacks target Australian firms
June 19, 2020 07:47 PM AEST| By Team Kalkine MediaAustralia came out of deadly coronavirus disease much earlier than anticipated, but measures taken to contain the ravaging spread of coronavirus has pushed the economy into its first recession in nearly 3 decades. Coronavirus has caused an end to 2.....
Consumer Discretionary Topping the Charts with Substantial Gains: Nick Scali, Adairs, Baby Bunting
June 19, 2020 07:37 PM AEST| By Team Kalkine MediaThe Consumer Discretionary index was one of the best performing indices on the ASX on 19 June 2020, ending 1.75% higher at 2,448.7. From 1 May 2020 till 19 June 2020, the index improved by ~18%. Numerous companies within the industry have performed.....
How Has COVID-19 Impacted Brands? Are People Adopting Quality-Conscious Behaviour?
June 19, 2020 07:26 PM AEST| By Team Kalkine MediaCOVID-19 crisis has hugely impacted the world, including Australia. By now, everyone knows that there is no quick-fix solution for this problem, and it is going to stay here for long. Apart from claiming lives and devastating the economy, the prolo.....
Healthcare minnow eSense signs two JV Agreements in four days; stock ends ~27% higher
June 19, 2020 05:50 PM AEST| By Team Kalkine MediaThe ongoing COVID-19 turmoil has proved to be an opportunity for healthcare companies. While some burgeoning healthcare players are engaged in the development of vaccine or treatment, some diagnostic companies are coming up with rapid virus detecti.....
Evolution Mining Downgrades FY20 Production Guidance By 1.4 per cent, Stock Under Pressure
June 19, 2020 04:11 PM AEST| By Team Kalkine MediaThe gold spot is under consolidation, ranging from USD 1,700 per ounce to USD 1,750 per ounce, turning all eyes on ASX-listed gold stocks, that are currently plunging on the exchange due to the dual beta exposure, i.e., the risk from the commodity .....
UK and Australia Commence Expeditious Trade Negotiations; Three Stocks to Benefit
June 19, 2020 03:04 PM AEST| By Team Kalkine MediaAustralia and the United Kingdom of Great Britain and Northern Ireland (UK) kickstarted expeditious negotiations on 17 June 2020 to reach an ambitious and comprehensive Foreign Trade Agreement (FTA). The two countries are already important economic.....
AI is making inroads into Retail logistics space
June 19, 2020 02:32 PM AEST| By Team Kalkine MediaOver decades, there have been buzzwords and technology trends ranging from Big Data to Cloud to internet of things (IoT). And presently, the application of Artificial Intelligence (AI) into business operations across various sectors have seemingly .....
Australian Bauxite Advancing Well: Mine Production at Bald Hill Fast-Paced, Stock Soars
June 19, 2020 01:06 PM AEST| By Team Kalkine MediaAustralian Bauxite Limited (ASX:ABX) holds the core of the Eastern Australian Bauxite Province and has its first bauxite mine in Tasmania. 14 bauxite tenements totalling 750 km2 are 100 % owned, unencumbered and free of third-party royalties and ar.....
3 stocks on roller-coaster ride: SCG, QAN and WTC
June 18, 2020 11:19 PM AEST| By Hina ChowdharyThe coronavirus pandemic and the bushfire have stalled the Australian economy affecting industries and stock market heavily. The journey of the Australian securities market is experiencing a roller coaster ride with stock markets recording a major .....
Elon Musk and Transformation of battery technology: A Glance at IGO, MIN, AUZ
June 18, 2020 11:13 PM AEST| By Team Kalkine MediaThe growing popularity of Electric Vehicles (EVs) and the battery technology in automotive space is evident through the soaring price of Tesla, Inc. (NASDAQ: TSLA), which has enjoyed an overriding interest in the market with promise for revolutiona.....
Can you Stomach More Volatility: 5 Point Chart on Property Prices
June 18, 2020 10:53 PM AEST| By Kunal SawhneyIf there is one thing that one can be sure of in the Australian housing market, it is the volatility in the property prices from time to time. Changes in Residential Property Prices The residential property prices rose by 3.9 per cent in December.....
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