News
Oil Market Not Out of The Woods Yet- Says OPEC Secretary General HE Mohammad
June 05, 2020 03:10 PM AEST| By Team Kalkine MediaSummary Oil market is currently on a standby mode post the recent meeting held by the OPEC not coming to a concrete conclusion concerning the extension of the production cut deadline from June 2020 until year-end. The OPEC Secretary General HE .....
Market Update: Understanding the Performance of Markets on 4th June 2020
June 04, 2020 10:10 PM AEST| By Team Kalkine MediaAt the close of trading session on 4th June 2020, the equity market of Australia ended in green. S&P/ASX200 moved up by 50.2 points to 5991.8. The index has gained 2.40% over the last five days. S&P/ASX 200 Health Care (Sector) ended at 42,61...
A key Covid-19 health indicator for ASX Companies: Capital raisings
June 04, 2020 08:45 PM AEST| By Team Kalkine MediaSummary Equity Capital Raise has picked up momentum as companies feel that they can be highly geared through debt accentuation. The investor’s evaluation of the diverse factors, including the Company’s capital raise ability makes it.....
Gold Slips Below USD 1,700 Per Ounce, ASX-Gold Stocks At the Brim of A Top
June 04, 2020 08:38 PM AEST| By Team Kalkine MediaSummary Gold spot slips below the support level of USD 1,700 per ounce, pointing towards a slight dominancy of bears in the ongoing tug-of-war between bulls and bears. The recent breakout of gold below its short-term support zone coupled with m.....
Moderna Buzzing as it Enters Phase 2 Trial for COVID-19 vaccine
June 04, 2020 07:37 PM AEST| By Team Kalkine MediaSummary Healthcare companies are playing a crucial role in combating the novel coronavirus. Combining their expertise with technological enhancements, critical materials, and continuous efforts, the companies are focused on developing a vaccine......
Iron Ore- The Rally From 15-Week High to a 52-Week High
June 04, 2020 06:00 PM AEST| By Team Kalkine MediaSummary Iron ore prices are breaking records and are currently trading at a 52-week high of RMB 775.50 per metric tonne on the Dalian Commodity Exchange in China. Car and heavy truck sales coupled with falling steel inventory and rising steel pr.....
Market Update: How Markets Performed on 3rd June 2020?
June 03, 2020 11:12 PM AEST| By Team Kalkine MediaOn 3rd June 2020, the Australian equity market closed in green, and the benchmark index witnessed a sharp rise of 106.5 points or 1.83% to 5941.6. Most of the sectors on ASX settled in green including S&P/ASX 200 Energy (Sector), which stood at 8...
Market Update: Performance of Markets on 2nd June 2020
June 02, 2020 10:22 PM AEST| By Team Kalkine MediaAt the close of the trading session on 2nd June 2020, equity market of Australia settled in green. Benchmark index S&P/ASX200 stood at 5835.1 with a rise of 15.9 points on an intraday basis. S&P/ASX 200 Industrials (Sector) closed at 5,931.9,...
amaysim Australia’s share price: the best bet for the day with a new vision in Energy Space
June 02, 2020 09:31 PM AEST| By Kunal SawhneySummary Provider of mobile and energy plans, amaysim saw an upsurge in its share price by 12.5 per cent to $0.360, (on 2 June 2020) . amaysim, in its announcement addressing media speculation, confirmed its recent engagement with Luminis Partne.....
Market Update: S&P/ASX200 Ended the Session in Green: A Brief Look
June 01, 2020 11:52 PM AEST| By Team Kalkine MediaOn June 1, 2020, S&P/ASX200 closed at 5819.2 which reflects a rise of 63.5 points or 1.10% and, on the same day, All Ordinaries witnessed an increase of 1.13% or 66.2 points to 5938.4. Let us now quickly have a look at the performance of individu...
COVID-19 Vaccine Development: Updates from Novartis, Moderna and Novavax
June 01, 2020 10:02 PM AEST| By Hina ChowdharySummary Many scientific experiments are underway for the development of a vaccine against COVID-19 which has taken 370,657 lives and infected over 6.04 million people across the globe (01 June 2020 at 11:11 AM CEST). There are more than 100 of .....
Oil Gains ~88% in May, While the US Shale Oil Industry suffers
June 01, 2020 03:28 PM AEST| By Team Kalkine MediaSummary Oil surges ~88% in May, registers record gains post dismal April. Over 200 US Based Oil producers filed for bankruptcy during the Q1,2020. The fall in crude oil prices has had a major impact on the revenue of these oil producers. Baker.....
Must Read! IPO Market Scenario: Upcoming Floats & Outlook
May 31, 2020 12:35 AM AEST| By Kunal SawhneySummary IPO market continues to face some headwinds amid virus induced market volatility touching its highest levels since the GFC. However, companies continue to take the listings route as COVID-19 situation is easing gradually. Outlook for t.....
COVID-19: Treatment or vaccines? What seems more likely, and what could be more beneficial?
May 30, 2020 03:27 PM AEST| By Team Kalkine MediaSummary With no specific treatment, physicians worldwide are using existing antiviral treatments or FDA-approved emergency use authorization (EUA) drugs to cure millions affected by COVID-19. Companies and university research teams across the w.....
Shedding Light on Economic Costs of Global Virus Crisis on Australian Economy
May 30, 2020 01:21 PM AEST| By Team Kalkine MediaSummary Australia has not seen a recession since 1990, however, the long trail has now come to an end, due to the current COVID-19 economic downturn, which has posed a crisis for the country to overcome. The National Cabinet’s three-step .....
5 Healthcare Stocks Riding High Amid Buoyed COVID-19-induced Healthcare Opportunities
May 30, 2020 12:00 AM AEST| By Team Kalkine MediaDespite several ASX-listed companies battling during these uncertain and challenging times, the healthcare companies have seen a silver lining. While the COVID-19 pandemic has negatively impacted most of the businesses, some have generated impressi.....
Market Update: Performance of Markets on 29th May 2020
May 29, 2020 09:08 PM AEST| By Team Kalkine MediaThe Australian equity market settled in green at the close of the trading session on 29th May 2020. S&P/ASX200 ended the trading session at 5755.7 with a decline of 95.4 points. Most of the sectors on ASX closed in red such as S&P/ASX 200 Con...
How is the Global Biotech Player CSL Limited Responding to COVID-19?
May 29, 2020 08:49 PM AEST| By Team Kalkine MediaThe healthcare sector, over the last 12 months, has been one of the best performers on the Australian Securities Exchange (ASX). Some players from the healthcare industry in Australia have witnessed a substantial increase in share price in the curr.....
Will Bullet train emerge as an economic antidote to COVID-19?
May 29, 2020 07:44 PM AEST| By Team Kalkine MediaSummary Anthony Albanese, the Opposition Leader is in the favour to call for a bullet train connecting Melbourne, Sydney and Brisbane But a report from the Grattan Institute highlights that the costs associated with it are way too significant t.....
Is COVID-19 Australia’s Cue to Strengthen the Manufacturing Sector?
May 28, 2020 10:30 PM AEST| By Hina ChowdharySummary Manufacturing is a vital part of the economy and has survived several challenges On the back of rebalances in its sectors, products, technologies, and supply chains, the industry has streamlined its stance The current pandemic is prope.....
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