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How this ASX200 Share Price is having a magical spell in the equity market: Afterpay on next jump
August 25, 2020 11:10 PM AEST| By Team Kalkine MediaSummary Fintech's darling, Afterpay Limited closed the trading session on 25 August at an all-time high price of $92.48, up by 11.785% backed by steady business progress and the expected growth resulting from an acquisition. Afterpay recently a.....
Market Update: S&P/ASX200 Ended in Green; BIN Soared by 13.488%
August 25, 2020 08:21 PM AEST| By Team Kalkine MediaAt the close of trading session on 25th August 2020, the Equity market of Australia closed in green. The benchmark index S&P/ASX200 rose by 31.8 points to 6161.4. S&P/ASX 200 Financials (Sector) experienced a rise of 118.3 points to 4,871.4 a...
Platina Resources Discusses “Going for Gold” Strategy, Releases Investor Presentation
August 25, 2020 07:44 PM AEST| By Team Kalkine MediaSummary Platina Resources has redirected strategy from overseas assets to Australian gold amid travel and lockdown restrictions worldwide due to the COVID-19 pandemic and record gold prices. Two new and promising projects - Challa Gold Project .....
Why is This Small-Cap All Ordinaries Stock Liked by Some? Propel Funeral Partners Share Price
August 25, 2020 06:58 PM AEST| By Team Kalkine MediaSummary Propel Funeral Partners, a small-cap stock from All Ordinaries index, has been under the spotlight driven by impressive results during FY2020. Propel reported a 17.6% increase in funeral volume and a 16.5% growth in revenue. The Company.....
Theory Behind Success and Failure of ASX-listed Retailers: Mosaic and Kogan
August 25, 2020 05:40 PM AEST| By Team Kalkine MediaCOVID-19 pandemic has been particularly hard for businesses that require close contact with stakeholders. Among these businesses, retail players with large store footprint have been hit harder. Since nationwide lockdowns in March, brick and mortar .....
New Zealand Retail Sales Tank in June Quarter- Are we Out of the woods?
August 25, 2020 04:39 PM AEST| By Team Kalkine MediaWith the sudden resurgence of coronavirus cases around 2 weeks before in Auckland, Prime Minister Jacinda Ardern was quick to put 1.7 million residents of the city in lockdown, making companies to shut down and schools to close. On 24 August, Arde.....
Biggest Success Stories of The Pandemic: ASX Stars Fortescue Metals Group and Afterpay
August 25, 2020 04:31 PM AEST| By Team Kalkine MediaSummary Fortescue Metals and Afterpay have emerged as winners in an otherwise gloomy environment where most ASX companies have experienced numerous challenges. Fortescue Metals Group has posted robust results with a 49% growth in NPAT to US$4,7.....
Zooming Lens on ASX 200 listed Infant Formula player Bubs Share price
August 25, 2020 02:44 PM AEST| By Team Kalkine MediaSummary Bubs and Joint Venture partner Beingmate entered a Memorandum of Understanding to produce Bubs® China label Goat Infant Formula locally in China. Bubs® China label Goat Infant formula will be made from 100% Bubs Australian .....
Gold Bug Bites Warren Buffet, But Is It Too Late For the Market Oracle?
August 25, 2020 02:30 PM AEST| By Team Kalkine MediaGold bugs have finally bitten the market oracle and fundamentalist – Warren Buffet with Berkshire Hathaway picking up a large tranche in the global gold behemoth – Barrick Gold. However, the timing of the Omaha legend in gold is raisin.....
The All Ordinaries Healthcare Share Price Under Discussion - SomnoMed
August 25, 2020 02:24 PM AEST| By Team Kalkine MediaSummary With a high prevalence that is expected to grow further, the obstructive sleep apnea (OSA) market is predicted to expand in the upcoming times. Sydney-headquartered SomnoMed Limited, engaged in developing devices for OSA treatment, repo.....
ASX200 Industrials Sector Player Reliance Worldwide Reports Strong Operating Performance for FY20
August 25, 2020 02:06 PM AEST| By Team Kalkine MediaSummary RWC reported varied sales performances in different regions for FY20, with strong performance in Americas and minimal impact of the COVID-19 pandemic in the Australian market. Reported earnings impacted by restructuring and impairment c.....
Economy And ASX 200 Stocks: Is Stay-At-Home the Best Bet As A Sector?
August 25, 2020 11:47 AM AEST| By Team Kalkine MediaSummary COVID-19 had a significant impact on Australian GDP, which is expected to contract by another 4% in 2020. Amid these challenges, a few segments got an opportunity to demonstrate continuous business momentum like technology, online servi.....
As the US markets Zooms, IPO bell rings - Airbnb to hit the floor
August 25, 2020 11:43 AM AEST| By Team Kalkine MediaSummary Airbnb is launching an IPO and has filed an S-1 to the Securities and Exchange Commission. The Company had shared its intention to go for public listing in 2019 and is one of the hot IPOs scheduled for the year 2020. Airbnb’s lat.....
How is CIMIC, the ASX200 Company, Positioned After Half-Year Results?
August 25, 2020 11:34 AM AEST| By Team Kalkine MediaSummary CIMIC Group with $38.1 billion of work in hand is actively participating in tendering activities. Hong Kong tendering licences have been reactivated. HY20 revenue was down $0.8 billion compared to same period last year, as a result of C.....
How Anti-Chinese Sentiments Are Shaping Facebook vs TikTok Battle
August 25, 2020 03:25 AM AEST| By Team Kalkine Mediamarkets continues. ByteDance, owner of the short video-sharing platform TikTok, has been fighting battles on multiple fronts. One on hand, it is getting ready to sue the Trump administration that demands its US assets be sold, on the oth...
British Economy To Rebound In Q3
August 25, 2020 12:26 AM AEST| By Team Kalkine MediaSummary London City forecasters project the UK economy’s growth rate of 14.6 per cent for Q3 2020 Aggregate consumer spending for the first two weeks of August 2020 was 7 per cent higher than observed during the corresponding period a yea.....
Market Update: S&P/ASX200 Gained 1.7% in One Month: What Investors Need to Know?
August 24, 2020 11:28 PM AEST| By Team Kalkine MediaOn 24th August 2020, equity market of Australia ended in green, and the benchmark index S&P/ASX200 went up by 18.4 points to 6129.6. In the last one month, the index has gained 1.7%. Most of the sectors on ASX closed in green such as S&P/ASX...
2 ASX200 Share Price Stories: TPG Telecom Rose 10% while Nearmap Jumped ~13%
August 24, 2020 09:51 PM AEST| By Team Kalkine MediaSummary ASX 200 telecommunication company TPG Telecom’s share price rose by 10% on 24 August 2020 after the Group announced its half-year 2020 results on 21 August 2020. During 1H20, TPG Telecom reported a profit of ~A$83 million. The sh.....
iSentric Registers Fresh 52-Week High Post Announcing Important Technology Platform Improvements
August 24, 2020 06:39 PM AEST| By Team Kalkine MediaActions of business entities amid the current times have been closely watched by markets and investors. Businesses that continue to make valuable improvements to their offerings could possibly be the hot stocks amid the COVID-19-infused uncertainty.....
What is driving Apple to Hit All-time High? Rub-off on ASX 200 Tech Stocks?
August 24, 2020 06:25 PM AEST| By Team Kalkine MediaApple Inc. (NYSE:AAPL) is crowned the most valuable listed company in the world. Tech titan and part of the renowned FAANG stocks, Apple Inc. shares, trading on NASDAQ, jumped over 5 per cent to a fresh closing high of USD 497.48 on 21 August 2020,.....
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