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News
Latest update from two players operating in the food and dairy industries: HRL, BFC
June 11, 2020 10:24 PM AEST| By Kunal SawhneyFood and dairy industries are two of the most significant rural industries in Australia. The island nation is amongst the most food-secure countries worldwide and produces significantly more food than its people consume. The domestic food consumpti.....
Market Update: How Markets Performed on 11th June 2020?
June 11, 2020 10:10 PM AEST| By Team Kalkine MediaOn 11th June 2020, the equity market of Australia ended in red. S&P/ASX200 experienced a sharp fall of 187.8 points to 5960.6. The index has lost 0.52% during the last five days. S&P/ASX 200 Consumer Staples (Sector) stood at 12,336.3 with a...
Tesla hits $1000 mark, Surpasses Japanese Toyota to become the Most Valuable Automaker
June 11, 2020 10:07 PM AEST| By Kunal SawhneyIn an intense race among the automakers, Tesla Inc. is emerging as the cream of the crop, with its shares crossing US$ 1000 mark. On the stock market front on 10 June 2020, Tesla (NASDAQ: TSLA) gained an edge over Toyota as investors rushed towards.....
3 ASX E-tailers That Made It Big: KGN, WES, BBN
June 11, 2020 08:15 PM AEST| By Team Kalkine MediaFrom mid-March 2020 to entire April, Australia has been under strict lockdown, which significantly impacted the retail industry, as majority of physical stores remained closed. On seasonally adjusted terms, retail turnover declined by 17.7 per.....
Cash-flow Crunch Threatens Australian Property Price Growth
June 11, 2020 08:03 PM AEST| By Team Kalkine MediaEmpty streets, empty offices, empty malls, but full homes have become a way of life over the last few months since the fight with COVID-19 started. COVID-19 pandemic hit nation’s economy is fast-tracking certain ongoing trends in diverse prop.....
Infant Formula Stocks: Keytone Dairy Share Price Seems to be Buzzing Today
June 11, 2020 06:09 PM AEST| By Team Kalkine MediaKeytone Dairy Corporation Limited (ASX:KTD) Keytone Dairy has bagged another order from the Nouriz (Shanghai) Fine Food Co Ltd. The latest order for Keytone’s products is for around $1.4 million. Nouriz orders whole and milk powders, which a.....
Despite the NZ market headwinds, JB Hi-Fi expects profits to hit the $300m mark
June 11, 2020 06:03 PM AEST| By Team Kalkine MediaThe outbreak of COVID-19 has led to the implementation of severe restrictions across Australia, New Zealand, as well as other countries. Businesses across the globe have felt the financial as well as the operational impact from these restrictions. .....
5 Stocks that could be winners post COVID-19 containment
June 11, 2020 02:33 PM AEST| By Team Kalkine MediaCOVID-19 has impacted businesses idiosyncratically, some are taking leaps and bounds, while some are struggling to stay afloat. But the silver lining is that Australia’s efforts to contain the virus have been largely successful, while economi.....
Australia’s 10-year yield traded at 1.095 %– Who are the stock beneficiaries
June 10, 2020 11:19 PM AEST| By Team Kalkine MediaTrading at 1.018% on 10 June, Australia’s 10-year bond yields have experienced a surge of almost 50% since mid-March reflecting investor’s optimism as economy reopens and picks up pace towards recovery. Steady rise of S&P/ASX 200 si.....
6 ASX Stocks creating a buzz!
June 10, 2020 10:09 PM AEST| By Hina ChowdharyCOVID or No COVID, few stocks have been rippling the Australian Stock Exchange (ASX), with their tremendous fiscal year results and COVID-19 proof performance on stock market. Hailing from different industries, each company announced dramatic devel.....
AFT Pharma Going Strong: Signs Distribution Agreement, Raises Capital to aid Future Growth
June 10, 2020 10:05 PM AEST| By Kunal SawhneyCOVID-19 pandemic has impacted the global economy, with its effects ranging from severe consequences for people's health to businesses trying to acclimate to this new world order. Meanwhile, some major health care industry players are engaged in th.....
Community Sports in NSW to Return in July; 3 Stocks in Action
June 10, 2020 09:54 PM AEST| By Team Kalkine MediaMassive uproar in stadiums syncing with vigorous pace of raging players has been undeniably poorly missed by Australians, who now seem to resort to coverage of past sporting events. But Alas! The missing ambivalence around the known outcomes certai.....
8 ASX Shorted Stocks: CUV, JBH, NEA, GXY, MYR, PLS, WEB, SUL
June 10, 2020 09:46 PM AEST| By Hina ChowdharyAt regular intervals, the ASIC (Australian Securities & Investments Commission) provides a report consisting of the list of companies trading on Australian Securities Exchange that are targeted by short sellers in the market. There might .....
Renewable Energy Integration into The National Grid- Challenges and Opportunities
June 10, 2020 09:25 PM AEST| By Kunal SawhneyRenewable energy sector is the emerging poster boy within the energy sector with increasing integration into the national grid, resulting in reducing the average electricity cost to consumer. In the recent past, the national electricity market (NEM.....
Market Update: Understanding the Performance of Markets on 10th June 2020
June 10, 2020 09:15 PM AEST| By Team Kalkine MediaAt the end of the trading session on 10th June 2020, equity market of Australia settled in green. S&P/ASX200 stood at 6148.4, reflecting a rise of 3.5 points or 0.06%. Most of the sectors on ASX closed in green such as S&P/ASX 200 Health Care...
AI player BrainChip on a roll; signs two contracts within a month
June 10, 2020 08:22 PM AEST| By Team Kalkine MediaArtificial Intelligence is expected to have a firm grip on the market in the upcoming future. A recent report published in May 2020 by the Australian Government highlighted that there is a variety of high-profile demonstrations of Artificial .....
A look at Shareholding Activities of CTD and IFM
June 10, 2020 08:09 PM AEST| By Team Kalkine MediaCompanies listed on the ASX must disclose changes in substantial holding, which allows market participants to review the shareholding changes in the company. Most of the times, it will enable small investors to check who are investing large sums in.....
German Economy witnessed record plunge in Industrial Output and Exports in April
June 10, 2020 06:00 PM AEST| By Team Kalkine MediaThe industrial output in Germany displayed a record fall in April as the coronavirus outbreak resulted in the shutdown of production by manufacturers in the biggest economy of Europe. As per the figures released by the statistics office of G.....
Gold Retracement- Gold Exploration Once Again on Agenda- Ramelius and Gold Road
June 10, 2020 05:23 PM AEST| By Team Kalkine MediaGold prices are once again trading at its near-term psychological support of USD 1,700 per ounce at USD 1,717.38 (as on 10 June 2020 12:16 PM AEST), which in turn, is supporting some of the ASX-listed gold stocks once again after their secondary co.....
How Good Are These 3C’s When it Comes to Quality Stocks - CSL, COH, CKF
June 10, 2020 03:25 PM AEST| By Team Kalkine MediaSeveral businesses are confronting critical times amidst the COVID-19 pandemic. However, some companies have experienced negligible effect because of their operations, which were either considered essential or were catering to the opportunitie.....
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