Press and Media Mentions
ASX Close: Longest weekly win run of year ends
Featured On: The market herald
The financial year ends next week, prompting investors to examine their portfolios for possible sales. Kalkine Group CEO Kunal Sawhney said investors should weigh the pros and cons before making hasty decisions to reduce their tax bills. "The tax-loss selling hypothesis may influence stock price behaviour during the month-end as the end of the fiscal year is just around the corner," he said. "We have seen how at times investors opt to sell loss-making shares prior to the end of the financial year to minimise any taxable profits made on selling shares.
Read Original Article...ASX Update: Banks, miners help trim losing week
Featured On: The market herald
"As the new variant has a reputation for causing large-scale hospitalisations, health experts are calling for stringent lockdown restrictions for a few days, even with a very slow increase in numbers," Kalkine Group CEO Kunal Sawhney said.
Read Original Article...ASX Close: NSW Covid cluster weighs on market
Featured On: The market herald
The share market faded towards the second loss of a stop-start week after Commonwealth Bank tipped interest rates could rise as soon as next year. The S&P/ASX 200 eased 22 points or 0.3 per cent by mid-session. The decline pulled the index deeper into the red for a week that began with a dive before a partial recovery yesterday.
Read Original Article...Travel trends 2021: What are travellers looking for?
Featured On: Global Travel Media
Travel trends keep fluctuating depending upon what travellers are seeking. The waves this time are pretty distinctive. With the onset of travel resumption in many countries, travellers are now finally hitting the road to adventure and exploration. After being homebound for over a year, travellers are now looking forward to their travel journeys for 2021. However, this year’s travel is not going to be like the previous years. The coronavirus pandemic affected people’s physical health along with emotional, psychological, and social well-being.
Read Original Article...ASX Update: Rates, Covid worries drag market lower
Featured On: The market herald
The share market faded towards the second loss of a stop-start week after Commonwealth Bank tipped interest rates could rise as soon as next year. The S&P/ASX 200 eased 22 points or 0.3 per cent by mid-session. The decline pulled the index deeper into the red for a week that began with a dive before a partial recovery yesterday.
Read Original Article...ASX Close: Fifth weekly win as retailers, tech rally
Featured On: The market herald
Kalkine Group CEO Kunal Sawhney said investors should prepare their portfolios for reflation as price pressures build. "With the US Federal Reserve pencilling in an earlier interest rate increase, investors looking to cash in on the rate hike can ponder on investing in sectors that tend to benefit from higher rates. Stocks of companies belonging to financials, industrials, retailers, and consumer discretionary sectors seem to be good plays amid the potential uptick in interest rates," he said.
Read Original Article...