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Mesoblast Receives DSMB’s Recommendation to Continue Phase 3 Trial
September 04, 2020 01:14 PM AEST| By Team Kalkine MediaASX 200 healthcare company, Mesoblast Limited (ASX:MSB) disclosed that after completion of COVID-19 trial’s 1st interim assessment the independent Data Safety Monitoring Board (DSMB) recommended continuation of the Phase 3 trial of remestemcel-...
5GN Networks Seeks $30 Million In Capital Raising
September 04, 2020 01:14 PM AEST| By Team Kalkine Media5GN Networks Limited (ASX:5GN) is seeking to undertake a placement of $30 million by issuing 16.2 million shares at a price of $1.85 per share. The fresh funding is anticipated to provide: Balance sheet flexibility to possibly fund the purchase of...
S&P/ASX All Technology Index Down by ~4%; WTC, KGN, APX Plunge
September 04, 2020 12:59 PM AEST| By Team Kalkine MediaAt AEST 12:15 PM, most sectors on ASX were trading in the red zone with S&P/ASX All Technology Index trading at 2,360.4, down 4.37% from its last close. S&P/ASX All Technology Index is amongst the worst performing index at this time. Big pla...
IGO Boosts Fraser Range Holdings
September 04, 2020 12:59 PM AEST| By Team Kalkine MediaIGO Newsearch Pty Ltd, subsidiary of IGO Limited (ASX:IGO) has inked an asset sale agreement with Boadicea Resources Limited (BOA) for a conditional sale of 9 Fraser Range Tenements in 5 year period. The transaction includes of: $5.5 million upfro...
Imugene Receives First Ethics Approval in the US to Commence PD1-Vaxx’s Phase I trial
September 04, 2020 12:59 PM AEST| By Team Kalkine MediaIn a major breakthrough, Imugene Limited (ASX:IMU) has attained ethics approval to start Phase I clinical trial of cancer immunotherapy, PD1-Vaxx in the US. Hackensack University Medical Center, situated in New Jersey, is the first hospital in the US...
Australian Retail Turnover Increased 3.2% in July 2020
September 04, 2020 12:58 PM AEST| By Team Kalkine MediaAccording to the latest Retail Trade figures by the Australian Bureau of Statistics (ABS), the retail turnover climbed 3.2% in July. This updates the initial outcome of a 3.3% increase published on 21 August 2020 and follows a 2.7% rise in June 2020...
Eclipx goes back to Pre-COVID-19 time, is it sustainable?
September 04, 2020 03:30 AM AEST| By Kunal SawhneySummary Eclipx share price has surged 273% amid hitting a low price of A$0.4 on 23 March to settle at A$1.495 on 2 September. In its latest business update, the Group mentioned that it had dissociated itself from all its non-core businesses and.....
TerraCom Coal Production To Hit Another Record in FY2021 – CEO Danny McCarthy
September 04, 2020 03:18 AM AEST| By Team Kalkine MediaTerraCom Limited (ASX:TER) released coal sales figures for the FY2021 to the end of August 2020 and suggested that despite the ongoing economic meltdown on a global scale on account of the COVID-19 outbreak, it maintained consistent production and .....
Market Update: S&P/ASX200 Ended in Green; SKC Rose by 7.359%
September 03, 2020 11:52 PM AEST| By Team Kalkine MediaThe equity market of Australia ended in green on 3rd September 2020, and S&P/ASX200 went up by 49.4 points to 6112.6. Most of the sectors on ASX ended in green, such as S&P/ASX 200 Consumer Staples (Sector), which moved up by 132.7 points to...
Why are ASX stocks BHP, Spark Infrastructure, and Ampol under pressure today?
September 03, 2020 11:35 PM AEST| By Team Kalkine MediaSummary While the overall market performance was decent during the day’s trading session, there were a few stocks which were under pressure. BHP shares ended the day’s trade 2.312% lower with its shares going ex-dividend today. The .....
3 Main Areas Of Discord In The Brexit Trade Negotiations
September 03, 2020 11:15 PM AEST| By Team Kalkine MediaRecently Michel Barnier, Head (Task Force for Relations with the United Kingdom), European Commission has expressed dissatisfaction over lack of adjustment from the British government over finalizing the Brexit trade deal between the UK and the EU .....
Is the British Government Going to Raise Taxes to Ease Its Debt Burden?
September 03, 2020 11:11 PM AEST| By Team Kalkine MediaSummary The public debt levels of the British government are set to cross £360 billion, by the end of this year, which is one of the highest the country has seen in its modern history. Several conservative MP’s had raised queries re.....
Zoom reports Extraordinary growth as the world goes Video calling, Is more steam left?
September 03, 2020 11:11 PM AEST| By Team Kalkine MediaSummary Zoom reported Q2 total revenue of US$663.5 million, up 355 per cent YoY. Number of customers contributing more than US$100k in TTM revenue marked 112 per cent YoY uptick. The communication giant expects 281 to 284 per cent YoY increase.....
UK Enlarges Its Investment into Rapid Covid-19 Test Kit Trials
September 03, 2020 11:11 PM AEST| By Team Kalkine MediaThe United Kingdom has moved a step forward in its mission to eradicate the virus. The Health Minister of Her Majesty's Government Matt Hancock has said that the government will roll out a new COVID- 19 test that will provide accurate results in le.....
Market Close Commentary; 3 September 2020
September 03, 2020 06:55 PM AEST| By Team Kalkine MediaToday, the Australian share market once again ended in the green zone with the benchmark index S&P/ASX200 finishing at 6112.6, increased by 0.81 per cent as compared to Wednesday's closure of 6063.2. Yesterday, in the US stock market, once again...
Retail Confidence Crashes in August amid Level 3 restrictions
September 03, 2020 06:53 PM AEST| By Team Kalkine MediaThe latest September NZ Retail Radar report shows that the retailer confidence declined substantially due to Level 3 lockdown in Auckland during August because of the resurgence of community transmission of coronavirus in NZ. Though, sales had rec.....
Starpharma bags A$1 million funding for COVID-19 spray - a shot in the arm for the ASX300 Player?
September 03, 2020 05:36 PM AEST| By Team Kalkine MediaSummary ASX 300 listed healthcare player Starpharma Holdings Limited receives A$1 million funding from MRFF for its SPL7013 COVID-19 nasal spray. The Company intends to utilise the funds to accelerate the development and commercialisation .....
Calima Energy’s Stock Skyrockets 25% Post Announcing Comprehensive Analysis of Significant Calima 1 Core
September 03, 2020 04:33 PM AEST| By Team Kalkine MediaSummary Stock of Calima Energy marked an uptick of 25 per cent midday on 3rd September 2020. Calima is in the process of extracting data points from its previous drilling campaign. Calima has engaged Canadian Discovery to complete an in-depth a.....
What next in Property Space: House prices tumbled 0.4 per cent in August
September 03, 2020 04:22 PM AEST| By Team Kalkine MediaAustralian property space is currently witnessing an obscured outlook, eclipsed by the COVID-19 induced uncertainty. The headwinds challenging high-priced property space in Australia have entailed a downfall in the housing prices for four months co.....
88 Energy Announces Significant Progress In Half Year 2020, On Track To Acquire Remaining Shares And Listed Options In XCD Energy
September 03, 2020 03:13 PM AEST| By Team Kalkine Media88 Energy Limited (ASX:88E) had continued its principal activities in Alaska during the first half of 2020, and the highlights are as follows: Approval received on 11 February 2020 permitting AOGCC to drill the Charlie-1 exploration well. Large c...
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