News

Is Investing In Blue-chip Equities A Good Retirement Strategy?
June 18, 2020 08:59 PM AEST| By Kunal SawhneyWhen one ponders about blue chip companies, the image that comes in mind is of tried and true, large companies with entrenched businesses. Businesses that have robust cash flows, healthy financials, and a reliable stock investing in which holds hig.....

Market Update: How Markets Performed on 18th June 2020?
June 18, 2020 08:55 PM AEST| By Team Kalkine MediaThe equity market of Australia closed in red on 18th June 2020, and S&P/ASX200 settled at 5936.5, reflecting a decline of 55.3 points or 0.92%. Most of the sectors on ASX ended in red, including S&P/ASX 200 Consumer Discretionary (Sector), wh...

Exemption around Essential business travel: A Glance at QAN, TCL and AQZ
June 18, 2020 07:33 PM AEST| By Team Kalkine MediaAccording to a recent announcement made by Australian Prime Minister, Australian borders would remain close till mid of September 2020 and possibly into 2021. In an interview with Ben Fordham of 2GB on 18 June 2020, Prime Minister Scott Morrison wa.....

ASX-Listed Iron Ore Giants Taking a Beat While Iron Ore Stands Tall; What’s Changed?
June 18, 2020 06:35 PM AEST| By Kunal SawhneyThe commodity-related stocks carry double beta, i.e., they contain risk associated with commodity markets and risk offered by the equity front as well. ASX-listed iron ore stocks till recently have been rallying on back of rising iron ore prices ac.....

Is Berkshire’s reputation at risk? How Macro and Micro aspects can change the way you invest
June 18, 2020 05:51 PM AEST| By Team Kalkine MediaWhile most of the cash-rich investors are vying for undervalued stocks to bring the riches in the long-run, Berkshire’s shying away from the COVID-19 affected market is raising a question about its reputation of being the ace investor of the .....

India and China Lock Horns, 20 Indian Soldiers Killed
June 18, 2020 03:54 PM AEST| By Team Kalkine MediaThe border dispute has been running from long between the nuclear-armed neighbours, but on Monday evening due to a sharp intensification of the tension between the troops of both the countries, at least 20 Indian soldiers have been killed in the de.....

Wuhan Diary: A Chilling Insiders Story
June 18, 2020 03:45 PM AEST| By Team Kalkine MediaWorld has spent several months under the dark shadow of pandemic, and yet enigma surrounding Coronavirus and its origin seems to be never-ending. A plethora of conspiracy theories have unfolded ever since the outbreak; meanwhile, many countries con.....

Westpac Secures Stake Sale in Pendal Group
June 18, 2020 03:40 PM AEST| By Team Kalkine MediaWestpac Banking Corporation (ASX:WBC) has decided to sell its 9.5% stake in Pendal Group Limited (ASX:PDL) and arranged a fully underwritten placement for around 31 million shares in PDL. The institutional offer was successfully completed by the ba.....

What’s streaming from ASX stocks: A look at MP1, CAR, JIN and BLX
June 18, 2020 02:53 PM AEST| By Team Kalkine MediaIn the wake of COVID-19 turmoil, development curves of many businesses were derailed. At the same time, Australian market witnessed several companies who have beaten the blues and emerged as a silver lining in the dark clouds, with their strategic.....

BHP Shuffles Senior Management Appoints David Lamont As New CFO
June 18, 2020 01:48 PM AEST| By Team Kalkine MediaBHP Group Limited (ASX:BHP), which has been riding high on the back of rising iron ore prices for quite some time, announced a senior management shift with the appointment of David Lamont as the Chief Financial Officer of the Company. Mr Lamont, w.....

Is the Second Wave of COVID-19 Already Approaching?
June 17, 2020 11:23 PM AEST| By Hina ChowdharyAt the moment, governments across the world are struggling between managing public health and reviving the respective economies. The countries are working hard to contain the spread and gradually resume business to kickstart the economy. While sev.....

Westgold Resources to re-enter S&P All Australian 200 Index post June 2020 Quarterly Rebalance
June 17, 2020 11:20 PM AEST| By Kunal SawhneyWestgold Resources Limited (ASX: WGX), one of the top 10 Australian gold producers, has announced that the Company would be re-entering the S&P All Australian 200 Index on 22 June 2020, as announced by S&P Dow Jones Indices on 12 June 2020 wh...

Market Update: Understanding the Performance of Markets on 17th June 2020
June 17, 2020 10:10 PM AEST| By Team Kalkine MediaOn 17th June 2020, the equity market of Australia ended in green, and the S&P/ASX200 moved up by 49.5 points to 5991.8. The index has lost 2.55% and 8.25% during the last five days and the last 52-weeks, respectively. S&P/ASX 200 Heal...

Nikola Corp, the New Kid in the Block with Zero Revenue Valued at $22.71 Billion
June 17, 2020 09:13 PM AEST| By Hina ChowdharyNikola Corporation (NASDAQ:NKLA) Earlier in June, Nikola Corporation was listed in the market through a reverse merger. It raised $700 million from institutional investors through business combination and PIPE. Nikola completed the business combin.....

DoorDash Diversifies, Beauty Products now in the kitty: A Glance at its COVID-19 Journey
June 17, 2020 08:40 PM AEST| By Kunal SawhneyA famous line from Albert Einstein states that “In the middle of difficulty lies opportunity” and a strong example which vindicates the statement is DoorDash Inc. DoorDash, a provider of on-demand food delivery, has now diversified into.....

Infigen Energy Receives Superior Offer, While Santos Secures Yet Another Gas Offtake
June 17, 2020 06:22 PM AEST| By Team Kalkine MediaRenewable energy sector is picking up momentum with ASX-listed renewable energy stocks such as Infigen Energy Limited (ASX:IFN) surging substantially from its recent low of $0.365 (intraday low on 24 March 2020) to the present high of $0.900 (as on.....

Travel and Entertainment Space: Latest with SKC, AIA and Travel Demand
June 17, 2020 05:48 PM AEST| By Team Kalkine MediaAs border restrictions across several countries are easing, there are anticipations for a recovery in the tourism industry of Australia. Subsequently, airports are reporting increased traffic, and tourism-related companies are preparing for funding.....

Dividends and ASX Banks: How the Story has unfolded in long-term for Value Investors
June 17, 2020 05:05 PM AEST| By Team Kalkine MediaOne of the many investing strategies is value investing, seeking to maximise returns by investing in stocks that are undervalued by the market, and assess intrinsic value of a stock. An investor who eyes value investing, makes investment in stocks .....

Will these Childcare and Education Related Stocks see a future post changed regime: TNK, GEM, IEL?
June 17, 2020 04:54 PM AEST| By Team Kalkine MediaAt the beginning of April 2020, when Australia was battling with the pandemic, Morrison government had introduced free childcare plan to aid one million families. The free child care plan was introduced along with the JobKeeper wage subsidy for the.....

How’s vaccine development for COVID-19 progressing? Updates from US-listed Healthcare Players
June 17, 2020 03:01 PM AEST| By Team Kalkine MediaSeveral healthcare companies and researchers across the globe are burning the midnight oil for finding a safe and effective vaccine/treatment for deadly novel coronavirus. Meanwhile, some concerns related to a second wave have triggered a global d.....

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