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Market Update: Understanding the Performance of Markets on 29th June 2020
June 29, 2020 09:22 PM AEST| By Team Kalkine MediaOn 29th June 2020, the equity market of Australia ended in red, and S&P/ASX200 moved down by 89.1 points to 5815. The benchmark index has lost 2.18% and 12.14% during the last five days and 52 weeks, respectively. S&P/ASX 200 Health C...
Discussing COVID-19 Vaccine Updates From AstraZeneca, Moderna, BioNTech, Sanofi
June 29, 2020 06:04 PM AEST| By Kunal SawhneyScientist across the globe are in the race against time to develop a safe and effective vaccine to protect people from deadly novel coronavirus that causes COVID-19. The COVID-19 pandemic has infected more than 9.9 million people and take.....
Government urged to continue MBS-funded telehealth services: ResMed, Resapp to reap the benefits
June 27, 2020 02:47 PM AEST| By Team Kalkine MediaThe Australian government had extended temporary Medicare Benefit Schedule (MBS) telehealth items on 13 March 2020 to assist in reducing the risk of community transmission of COVID-19 and protect patients and health care providers. The new temporar.....
How is the buying pattern changing during the COVID-19 pandemic?
June 27, 2020 02:22 PM AEST| By Team Kalkine MediaIt is said the COVID-19 has done what major economic crisis could not do, and it is turning out to be true. Since the outbreak of SARS-CoV-2, we have witnessed several changes in the buying patterns of consumers across the globe. From panic buying .....
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Market Update: Performance of Markets on 26th June 2020
June 26, 2020 08:44 PM AEST| By Team Kalkine MediaOn 26th June 2020, Australian equity market settled in green. The benchmark index S&P/ASX200 settled at 5904.1, indicating a rise of 86.4 points or 1.49%. Most of the sectors on ASX closed in green including S&P/ASX 200 Consumer Discretionary...
What Are Chartists Pointing Out in ASX-listed Oil & Gas Stocks- WPL, OSH, and STO
June 26, 2020 08:11 PM AEST| By Team Kalkine MediaASX-listed oil and gas stocks are now continuing the downside momentum after witnessing large gap downs on the exchange with many plunging due to the fall in global oil prices. Brent crude oil futures which recently climbed to trade at USD 43.93 pe.....
5 Fortunate Retail Businesses Amid COVID-19 - WES, COL, WOW, CCX, KGN
June 26, 2020 03:02 PM AEST| By Team Kalkine MediaAs the coronavirus (COVID-19) pandemic situation remains unresolved, technology has turned out to be a saviour for businesses to reach home-stricken consumers online. Amid social restrictions and other measures to contain the virus spread, retail b.....
Market Update: Understanding the Performance of Markets on 25th June 2020
June 25, 2020 11:10 PM AEST| By Team Kalkine MediaThe equity market of Australia ended in red on 25th June 2020, and the benchmark index S&P/ASX200 witnessed a sharp decline of 148 points or 2.48% to 5817.7. S&P/ASX 200 Industrials (Sector) stood at 5,693.4, reflecting a fall of 117.1 points...
Shorter workweek could be for real post COVID-19
June 25, 2020 11:10 PM AEST| By Team Kalkine MediaAs economies reopen and second wave of coronavirus risk looms ahead, many policy experts and public health officials have warned that rushing it could result in the rise of number of cases. They further suggested employers to adopt measures li.....
Is Cash Crunch Fear A Reality As We Battle Coronavirus?
June 25, 2020 06:09 PM AEST| By Team Kalkine MediaA famous proverb states- “Revenue is vanity, profit is sanity, and cash is a reality.” Irrespective of their size and offerings, majority businesses across the globe believe that knowing far ahead of time whether they are heading into .....
Iron Ore Stocks Losing Charm Over Soaring Supply
June 25, 2020 03:55 PM AEST| By Team Kalkine MediaASX-listed iron ore stocks are now caught between the crossfire of rising steel inventory across China and restoring supply chain. The stock prices are retracing back from their multi-period highs and some such as Fortescue Metals Limited (ASX:FMG).....
Market Update: Performance of Markets on 24th June 2020
June 24, 2020 10:43 PM AEST| By Team Kalkine MediaOn 24th June 2020, equity market of Australia settled in green, and S&P/ASX200 stood at 5965.7 with a rise of 11.3 points or 0.19%. Most of the sectors of ASX closed in green such as S&P/ASX 200 Materials (Sector), which went up by 129.7 poin...
Gold Vaults to Highest Levels Since October 2012; Trade Trends and Data Divergence
June 24, 2020 07:43 PM AEST| By Hina ChowdharyGold trades past its previous seven-year high with gold spot surging to the present high of USD 1,773.45 (as on 24 July 2020 12:42 PM AEST). The rise in the gold prices might be coming as a surprise in the status quo with Nasdaq contouring a recor.....
A glance at Five tech-based companies tasting success amid COVID-19
June 24, 2020 03:14 PM AEST| By Team Kalkine MediaCOVID-19 pandemic is the most thrilling and major chapter of 2020. This pandemic has shaken the world and has brought unprecedented changes across various sectors such as technology, healthcare, manufacturing and many more. Australia is on a rolle.....
LNG Export to Stagnate Over the Long-Run Amidst Sizeable Global Trade
June 24, 2020 03:02 PM AEST| By Team Kalkine MediaLNG trade across the globe has grown rapidly over the last few years with LNG trade totalling around 348 million tonnes in 2019, which marked a gain of 12 per cent or 38 million tonnes against the previous year. The surge in LNG trade has prompted.....
Market Update:How Markets Performed on 23rd June 2020?
June 23, 2020 09:21 PM AEST| By Team Kalkine MediaAt the close of the trading session on 23rd June 2020, equity market of Australia settled in green. The benchmark index S&P/ASX200 went up by 9.9 points to 5954.4. S&P/ASX 200 Information Technology (Sector) stood at 1,572.2 with an increase...
Healthcare Sector Defying the Norms: COVID-19 Vaccines Under Development and Related Stocks
June 23, 2020 08:15 PM AEST| By Team Kalkine MediaCOVID-19 threat still looms with countries struggling to eliminate the novel coronavirus, SARS-CoV-2. While most geographies are grappling with the first wave of virus, the ones who did become COVID-19-free are now facing the second wave. Globally,.....
Market Update: Understanding the Performance of Markets on 22nd June 2020
June 22, 2020 09:40 PM AEST| By Team Kalkine MediaOn 22nd June 2020, equity market of Australia closed in green, and S&P/ASX200 stood at 5944.5 with a rise of 1.9 points. Most of the sectors on ASX closed in green such as S&P/ASX 200 Health Care (Sector), which moved up by 119.3 points to 42...
Is the economy a step away from the cliff?
June 22, 2020 06:33 PM AEST| By Team Kalkine MediaJune will mark end of the second quarter of this year and possibly the first recession in Australia in nearly three decades. Policymakers had been proactive to suppress the possibility of a catastrophic spread of COVID-19; this was in part possible.....
Dark Clouds Hovering Over Coal Front; ACCC’s New Proposal a Silver Lining?
June 22, 2020 02:28 PM AEST| By Team Kalkine MediaCoal price is recovering from its recent low with Newcastle coal futures surging from the low of USD 59.70 per tonne (seen in May 2020) to the level of USD 64.00 per tonne (as on 5 July 2020), which marks a uptick of ~ 7.20 per cent post slipping f.....
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