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Press and Media Mentions
ASX Update: Market trims April losses as tech shines
Featured On: The Market Herald
"The Australian share market seems to be replicating the trend seen on Wall Street last night, exhibiting strong gains driven by technology shares,” Kunal Sawhney, CEO of research group Kalkine, said.
Read Original Article...ASX Close: Strong end to losing month as rate rise looms
Featured On: The market herald
“The major Wall Street indices jumped last night as investors cheered a better-than-expected earnings report from Facebook parent Meta Platforms while piling into technology stocks. Facebook’s return to user growth eased concerns around the toll of competition from younger sites like TikTok. Meanwhile, its solid earnings report exhibited resilience amidst a rising inflation environment,” Kunal Sawhney, chief executive of research group Kalkine, said.
Read Original Article...ASX Close: Strong end to losing month as rate rise looms
Featured On: The Market Herald
“The major Wall Street indices jumped last night as investors cheered a better-than-expected earnings report from Facebook parent Meta Platforms while piling into technology stocks. Facebook’s return to user growth eased concerns around the toll of competition from younger sites like TikTok. Meanwhile, its solid earnings report exhibited resilience amidst a rising inflation environment,” Kunal Sawhney, chief executive of research group Kalkine, said.
Read Original Article...ASX Update: Stocks fall as inflation surge points to May rate hike
Featured On: The market herald
“US stocks fell sharply last night as fears of an economic slowdown gripped investors amidst intensifying inflationary pressures. The recent outbreak of coronavirus cases in Beijing spooked investors, fuelling concerns around additional lockdowns and their impact on global economic growth,” Kunal Sawhney, chief executive of research group Kalkine, said.
Read Original Article...Commodity slump, China COVID fears drag Australian shares 2% lower
Featured On: XM
"Markets are concerned that additional lockdowns in China could crimp demand for domestic imports, including iron ore, coal, oil, and gas. Speculations are rife that a slowdown in the Chinese economy could deliver a serious knock-on effect on its trade partners, such as Australia," said Kunal Sawhney, chief executive officer of Kalkine Group.
Read Original Article...