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News
Global Steel Demand to Shrink 6.4 per cent- Says WSA, BlueScope Steel to Face Headwinds?
June 06, 2020 02:11 PM AEST| By Team Kalkine MediaSummary BlueScope is climbing the ladder at a rabbit pace with the stock recovering over 55.0 per cent from its recent low amid a rise in steel prices. While in the recent past the price of steel rebar futures has spiked over 7.55 per cent on t.....
Unaffected by COVID-19, these cannabis stocks continue their clinical studies: MDC, ZLD, AC8
June 06, 2020 01:26 PM AEST| By Team Kalkine MediaSummary Amid social distancing measures, several clinical studies have been suspended; the limited number of cannabis studies suggest not many were affected. Medicinal cannabis deemed as an essential service, underling the importance of cannabi.....
Will Investors Still Shy Away from Travel Stocks - Dip, Recovery and the Bazooka Moment
June 06, 2020 12:19 PM AEST| By Team Kalkine MediaSummary Travel stocks are rebounding strongly from March 2020 crash, moving expeditiously on their path to recover from COVID-19 crisis. Webjet and FLT grabbed market attention for utilising capital raising method to strengthen balance sheets i.....
How have these ASX healthcare newcomers fared so far? EMD, LGP, AT1, ICR
June 05, 2020 11:14 PM AEST| By Kunal SawhneyThe year 2020 has witnessed a few healthcare companies debuting on the Australian Stock Exchange. While the year has been sluggish regarding business activities due to COVID-19-induced lockdowns, healthcare companies have been busy during the perio.....
Atomo Diagnostics’ Contribution to COVID-19 Expands with Exclusive Rights to Antibody Test
June 05, 2020 10:45 PM AEST| By Team Kalkine MediaSummary COVID-19 cases are increasing, on an average of 100,000 per day, with more than 6.4 million confirmed cases reported to WHO. Growing need for developing diagnostic test is expected to boost the global diagnostic market growth. Atomo ha.....
Weekly Roundup on Economic Front: Trends Shaping Future Developments
June 05, 2020 10:37 PM AEST| By Hina ChowdharyWhile Australian economy has been able to flatten the infection curve relatively well compared to other advanced economies, massive economic stimulus by the Federal Government and central bank to limit the spread of coronavirus has placed the Austr.....
Mysterious Threat of Antimicrobial Resistance Behind COVID-19
June 05, 2020 10:21 PM AEST| By Kunal SawhneySummary Undoubtedly, global action is required for preventing COVID-19 from creating a long gloom over antimicrobial resistance. WHO stated that many bacterial infections are increasingly resistant to the antimicrobials, which could lead to evo.....
Online retailer Kogan.com in Action; Registers Fresh 52-Week High
June 05, 2020 10:00 PM AEST| By Team Kalkine MediaSummary The shift in consumer preferences towards online businesses has been advantageous for online retailers during the times of COVID-19. com recorded over 100% growth in its online sales as well as profitability. Other ASX-listed retailers.....
Market Update: Performance of Markets on 5th June 2020
June 05, 2020 09:49 PM AEST| By Team Kalkine MediaThe equity market of Australia ended in green at the close of week’s last trading session (5th June 2020). S&P/ASX200 settled at 5998.7 with a rise of 6.9 points, and the index has gained 4.22% over the last five days. S&P/ASX 200 Energ...
Tesla Million Mile Battery, GM Ultium, and the Position of Lithium Mining Community
June 05, 2020 09:42 PM AEST| By Hina ChowdharyTesla is gearing up to introduce a low-cost, longer-lasting battery for its EV models which has been colloquially called a “million mile” battery, which the Company has been developing with the Chinese battery manufacturing giant- Conte.....
Dividend Stocks to Beef Up Portfolio Amidst Low-Interest Rate Regime
June 05, 2020 09:31 PM AEST| By Kunal SawhneyDividend growth has been one of the investing staples for a long period of time. However, COVID-19-led market downturn saw dozens of companies announcing dividend payment cancellations or cuts. Unfortunately, the pandemic was at its peak during the.....
What’s latest with these 3 Fintech Stocks - XRO, Z1P, OPY
June 05, 2020 05:36 PM AEST| By Team Kalkine MediaSummary Technology has evolved into a saviour amid COVID-19 crisis, especially to the businesses relying on need-of-the-hour technologies, tapping opportunities to grow. The coronavirus induced lockdown brought immense change in working style o.....
Fund Managers and Super Funds Walking a Tight Rope, While Market Recovers
June 05, 2020 05:27 PM AEST| By Team Kalkine MediaSummary Super funds have paid $12.2 billion to members in financial distress. The disbursement has been swift and are being paid in less than 5 days. 10 super funds have paid $8.13 billion to members, out of the total. Investment management bu.....
5 Tips for dealing with reopening of the economy during COVID-19
June 05, 2020 05:07 PM AEST| By Team Kalkine MediaSummary COVID-19 has taken a severe toll on every individual, not just physically but emotionally and mentally, also putting them under mental stress and anxiety. We must learn and adjust to living with the new normal with changed lifestyle and.....
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 .....
Uncle Sam is Recovering Albeit at Slow Pace
June 05, 2020 01:42 PM AEST| By Team Kalkine MediaSummary Most of the US states are reopening with preventive measures. Social unrest has caused destruction and possibly fear among owners to reopen shops. US labour market has experienced steepest falls since the data began publishing. Initia.....
Is it a Big Smile for Home Builders with $25,000 Grants: Unboxing the Government’s Offering
June 05, 2020 01:36 PM AEST| By Team Kalkine MediaSummary The home building industry of Australia had taken a hit due to the halt in the construction activities resulting from the spread of COVID-19. The Australian Government has introduced a time-limited grant (4 June-31 December 2020), HomeB.....
3 Popular Stocks to look at – WOR, TAH, MFG
June 04, 2020 11:30 PM AEST| By Kunal SawhneySummary Investors with diversified investment portfolio, wherein they invest their money in different assets provide them with cushion during the economic downturn and market volatility. Addition of new contracts, as observed in Worley, aids bo.....
One Telecom Stock that seems to be sitting comfortably on ASX: VOC confirms guidance
June 04, 2020 11:00 PM AEST| By Kunal SawhneySummary Vocus positive announcement talks debt refinancing and reaffirming of FY20 guidance. In such difficult times, this depicts the underlying strength, financial stability and flexibility for future growth and transformation of its businesse.....
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...
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