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Press and Media Mentions
ASX Update: Win streak falters as miners fade
Featured On: The Market Herald
"Despite a bullish night for US stocks, the Australian share market had a lacklustre start this morning," Kalkine Group CEO Kunal Sawhney said. "However, gains in the energy stocks seem to be offsetting losses to some extent. The energy stocks appear to be rallying on the back of a recent uptick in oil prices... The oil prices inched higher on growing fuel demand and supply concerns as production remained largely hampered in the Gulf of Mexico following two hurricanes."--- "While the situation with Evergrande continues to remain worrisome, market experts are not anticipating the outcome to be some sort of contagion or as severe as initially feared," Mr Sawhney said. "More specifically, the markets are toning down the risk that a potential fallout of Evergrande will result in a systemic liquidity crunch or a ‘Lehman moment’."
Read Original Article...Five ways small businesses can reap benefits from blockchain technology
Featured On: Busy Continent
Whereas blockchain technology may not be air-tight, it continues to offer some exciting advantages that surpass existing modes of operation traditionally used by businesses.
Read Original Article...As it happened: ASX closes 0.3% higher on energy stocks and miners
Featured On: SMH.com.au
“Evergrande uncertainty and anxiety over the Fed’s decision on bond taper seem to be driving the market sentiment,” chief executive of equities research firm Kalkine, Kunal Sawhney, said.
Read Original Article...Which ASX travel shares have the unique insight amidst tourism recovery?
Featured On: Global Travel Media
Against this backdrop, let us skim through two ASX-listed stocks with structural advantages. What’s interesting is the fact that these travel shares, though they are lesser- known, aren’t just relying on recovery in tourism to boost their fortunes. Read on!Another company not just relying on recovery in tourism to boost their fortune is Apollo Tourism & Leisure Ltd (ASX: ATL). The Company’s Australian market activity has increased in all regions. Despite the absence of international guests, in periods where domestic borders were open, the Company demonstrated its ability to generate strong domestic demand with domestic revenues significantly exceeding pre-COVID-19 levels.Besides, domestic travel has largely been the saving grace for the aviation industry, with the latest figures showing 2.63 million passengers were carried on Australian domestic commercial aviation compared to just 0.63 million in June 2020. All in all, COVID-19 has continued to disrupt tourism markets around the world, however, the light at the end of the tunnel seems faintly visible as vaccination rates rise.
Read Original Article...ASX Close: Back-to-back gains as miners rebound
Featured On: The Market Herald
"All eyes are now glued to the results of the Federal Reserve’s policy meeting, due tonight, which is expected to provide clues on the timeline of tapering monetary stimulus," Kalkine Group CEO Kunal Sawhney said.
Read Original Article...ASX Update: Market boosted by Evergrande surprise
Featured On: The Market Herald
"All eyes are now glued to the results of the Federal Reserve’s policy meeting, due tonight, which is expected to provide clues on the timeline of tapering monetary stimulus," Kalkine Group CEO Kunal Sawhney said.
Read Original Article...