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Market Update: S&P/ASX200 Ended in Red; IDP Education Limited Rose by 28.485%
August 20, 2020 11:00 PM AEST| By Team Kalkine MediaOn 20th August 2020, equity market of Australia ended in red, and S&P/ASX200 went down by 47.6 points to 6120. During the last five days, the index has gained 0.48%. Most of the sectors on ASX closed in red including S&P/ASX 200 Consumer Stap...
Inflation woes: Amid coronavirus crisis rail fares to rise by 1.6 per cent
August 20, 2020 10:00 PM AEST| By Team Kalkine MediaSummary Rail prices are set to rise by 1.6 per cent from January 2021, meaning an additional expense of around £100 to the cost of several annual season tickets. The increase in fare was a result of an unanticipated leap in July 2020 infl.....
This ASX 200 Stock is breaking records: IDP Education share price
August 20, 2020 08:10 PM AEST| By Team Kalkine MediaSummary Despite the prevailing uncertainty in the market, IEL shares skyrocketed on ASX. The Company’s impressive FY2020 results drove the surge in the share price. IDP Education reported EBIT growth of 11% and net profit after tax and am.....
COVID-19: Bigtincan’s share price with better emergence on ASX tech company space
August 20, 2020 07:36 PM AEST| By Team Kalkine MediaSummary With a trajectory of robust SaaS Growth, Bigtincan delivered a five-year CAGR of 50 per cent in ARR and a swelled ARR of AU$35.8 million, as on 30 June 2020. BTH possesses a strengthened balance sheet, with a cash balance of AU$208.3 mi.....
Superlative Returns for Ecommerce & Technology Share Prices: Altium and Temple & Webster
August 20, 2020 06:28 PM AEST| By Team Kalkine MediaSummary Technology and e-commerce sectors witnessed a boom amid the COVID-19 pandemic, with people experiencing a drastic change in their lifestyle like the way they work, shop or perform other day-to-day activities. Stocks like ALU and TPW hav.....
Is this ASX 200 Healthcare Player Still a Buy Post a Bullish Run? Sonic Healthcare
August 20, 2020 06:15 PM AEST| By Team Kalkine MediaThe share price of healthcare companies is on a watch as they announce impressive full-year results during the current reporting season. Many ASX 200 healthcare players have updated impressive FY20 results despite the challenging condition posed by.....
Next move on Vaccine: Government's agreement with AstraZeneca catering 25 million Australians
August 20, 2020 04:47 PM AEST| By Team Kalkine MediaRecently, Australia undertook strides to secure access to a promising vaccine in a move to diminish coronavirus pandemic and would offer free access to the vaccine for Australians. Scott Morrison Government has signed a landmark agreement with UK-.....
Mass Closures Impacted FY20 Performance of ASX200 Stock Crown Resorts
August 20, 2020 03:29 PM AEST| By Team Kalkine MediaSummary Crown Resorts, one of Australia's prominent entertainment groups, reported significant impact on FY20 performance, owing to closure of gaming activities and a significant part of non-gaming operations amid COVID restrictions. CWN receiv.....
Super Pit Duo- NST & SAR Going Strong at KCGM – Aim Record Production and Low Cost
August 20, 2020 03:17 PM AEST| By Team Kalkine MediaSummary The super pit duo – Northern Star Resources Limited (ASX:NST) and Saracen Mineral Holdings Limited (ASX:SAR) are going strong at super pit gold mine with both miners improving reserves and projecting bumper production. As on 30 Ju.....
ASX 200 Corner: Why investors can't get enough of Afterpay share price bump
August 20, 2020 02:39 PM AEST| By Team Kalkine MediaSummary Afterpay’s FY20 NTL is expected to be 0.38% of underlying sales as against 0.55% expected previously in July. Afterpay and Zip are eyeing to release FY20 report on 27 August 2020. From touching AU$8.90 low on 23 March 2020, the A.....
Update on FY2020 Result and Equity Raising Announcement by ASX 200 listed Tabcorp Holding
August 20, 2020 02:31 PM AEST| By Team Kalkine MediaSummary World-class diversified gambling entertainment ASX 200 player, Tabcorp Holdings experienced a significant impact on its results due to the COVID-19 pandemic. The Company experienced a loss of A$870 million during FY2020. Tabcorp could n.....
Resilient ASX 200 Technology Stocks: EML Payments and WiseTech share prices
August 20, 2020 02:00 PM AEST| By Team Kalkine MediaSummary Amid tough COVID-19 pandemic challenges and market downtrends, there have been stocks such as EML Payments and WiseTech that have defined resilience and have continued to write success stories. Owing to COVID-19, accelerated shift in th.....
Share price of ASX 200 listed Monadelphous Group buzzing post unveiling of FY20 results
August 20, 2020 12:36 AM AEST| By Hina ChowdharySummary The engineering services market play a significant role in the growth, as well as development of an economy as it assists in building infrastructure and job Australian engineering group, Monadelphous Group has been sweeping the market w.....
Can this ASX 200 listed company make a new 52-week high: carsales?
August 20, 2020 12:24 AM AEST| By Kunal SawhneySummary ASX 200 listed company, carsales share price has given positive return of 93.21% between hitting 23 March low of $10.47 to a high of $20.23 on 19 August, inching towards its 52-week high price of $20.290. The Group posted robust FY20 re.....
Investors are watching these ASX 200 share prices: Megaport, ARB, Netwealth
August 20, 2020 12:15 AM AEST| By Team Kalkine MediaSummary Earnings season is the period where market participants are actively looking at companies that are about to release their financial results. A better-than-expected result almost always has a favourable impact on the share price. Megapor.....
Road to Economic Salvation Not Easy For Chrystia Freeland, Canada's First Woman Finance Minister
August 19, 2020 10:01 PM AEST| By Team Kalkine Mediainancial reporting under the belt. Canadian Prime Minister Justin Trudeau has named deputy PM Chrystia Freeland as the new Finance Minister, after Bill Morneau stepped down from the post over policy differences. In addition to the cabinet shuffl...
S&P/ASX200 Gained 2.2% in One Month: What Investors Need to Know
August 19, 2020 09:18 PM AEST| By Team Kalkine MediaAt the close of trading session on 19th August 2020, equity market of Australia ended in green. The benchmark index S&P/ASX200 rose by 44.2 points to 6167.6. In the last one month, the index has gained 2.2%. S&P/ASX 200 Information Technology...
Popular Healthcare ASX Share Prices: CSL, Medical Developments
August 19, 2020 06:16 PM AEST| By Team Kalkine MediaSummary CSL Limited reported an NPAT of ~US$2,103 million for FY20, up 17% on a constant currency basis. The total full-year dividend rose to US$2.02 per share. CSL’s FY21 NPAT is expected to be in the range US$2,100-US$2,265 million at c.....
2 ASX 200 listed Tyro and Money3 share prices on Opposite Side of ASX Ladder
August 19, 2020 06:06 PM AEST| By Team Kalkine MediaSummary COVID-19 has led to tighter lending policies in the automotive finance industry and has put funding challenges for the fintech sector. Tyro Payments declined by 0.938% from its last close, on 19 August. It has 32,176 merchants operating.....
ASX 200 listed Asaleo Care and Empired share prices under spotlight
August 19, 2020 02:39 PM AEST| By Team Kalkine MediaSummary The Information Technology and consumer staple sectors had been less sensitive during the COVID-19 pandemic than the overall Australian economy. Asaleo Care reported increased revenues in 1H FY20 ended 30 June, with a favourable FY20 gu.....
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