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Market Update: How Markets Performed on 7th July 2020?
July 07, 2020 11:17 PM AEST| By Team Kalkine MediaAt the close of the trading session on 7th July 2020, equity market of Australia ended in red. The benchmark index S&P/ASX200 stood at 6012.9 with a drop of 1.7 points. Most of the sectors on ASX ended in red such as S&P/ASX 200 Energ...
Free Childcare Aid Hits Dead End; Seven- Point Plan for Parents To Ride Out the Storm
July 07, 2020 09:41 PM AEST| By Team Kalkine MediaWhile parents are on their toes to ensure continuity of their kids’ schooling and learning amidst mounting financial crunch, scrapping of free childcare relief has brought forth another set of concerns. Education Minister Dan Tehan announced.....
BNPL Buzzing- Sezzle Reports Record 2Q20, Afterpay Reveals Expansion Roadmap & Capital Raising
July 07, 2020 09:00 PM AEST| By Team Kalkine MediaSummary BNPL delivers a more intuitive level of convenience and access for consumers than traditional credit cards. Not only is it proving to be a COVID-19 savior, millennials & Gen Z are more used to making snap purchases and then decide la.....
Good Note From COVID-19: Prospering Companies Amid Pandemic
July 07, 2020 05:42 PM AEST| By Team Kalkine MediaSummary Amid COVID 19, companies must incorporate pandemic planning considerations into resilience management activities to provide comprehensive response & continuity for their most critical products and services In a dismal year for most .....
Space RF Reconnaissance DaaS Provider, Kleos Space is in Trading Halt, Know Why!
July 07, 2020 05:07 PM AEST| By Team Kalkine MediaIn contemporary world, data is woven into every industry and function of an economy, thus, making data an extremely important factor for the functioning of multiple organisations. Just like human capital and tangible assets are one of the crucial .....
Chinese Stocks on Fire, Déjà vu or This time is different?
July 07, 2020 12:00 PM AEST| By Team Kalkine MediaSummary CSI 300 Index representing overall performance of China A-share market gained 14% in the five days to trade at a five-year high, fuelled by state media signalling towards a boost required in the equity market fostering economic growth R.....
Has the Sports industry dodged the COVID-19 Ball?
July 07, 2020 12:00 PM AEST| By Team Kalkine MediaSummary The Covid-19 related restrictions have impacted all kinds of sports, and major events such as Olympics and Paralympics have been postponed Australia's National Cabinet has released National Principles for the Resumption of Sport and Rec.....
First in the league: Australia's Green Bond Fund in Ethical Investment Market
July 07, 2020 12:00 PM AEST| By Team Kalkine MediaSummary Clean Energy Finance Corporation (CEFC) has pledged to put in at least $70 million to a fund of green bonds that are first of a kind in Australia. The practice of adopting ESG framework has been rising while making any investment decisi.....
Ora Banda Completes Bookbuild for Capital Raising, Looks Forward to Collectively Raising $55 Million
July 07, 2020 12:00 PM AEST| By Team Kalkine MediaSummary Ora Banda Mining has completed bookbuild for the capital raising of $51.7 million. OBM has received substantial support from existing as well as new domestic and international investors. OBM has plans to recommence the production at Da.....
Why Did the Share Price of Global Health and eSense-Lab Rise ~20%?
July 07, 2020 12:00 PM AEST| By Team Kalkine MediaSummary While the benchmark index ended almost flat, two healthcare small cap stocks ended substantially higher. Australian healthcare software provider Global Health Limited signed a 3-year contract with Peninsula Health. Post the announcement.....
IMDEX Acquires AusSpec, Adding Another Important Component, Mineralogy in Technology Stack
July 07, 2020 12:00 PM AEST| By Team Kalkine MediaSummary Leading Mining-Tech company, IMDEX has acquired AusSpec, a provider of spectral mineralogy through its unique industry leading low-touch SaaS product, aiSIRIS IMDEX’s technology stack addresses three components of rock knowledge &.....
BPH’s Investee Advent Reports Another Set of Significant Findings from PEP 11 Literature Review
July 07, 2020 12:00 PM AEST| By Team Kalkine MediaSummary BPH’s investee Advent has identified another crucial report from PEP 11 literature review, that was prepared by Ampolex Limited. Ampolex report has highlighted that the Baleen South Lead was one of their major targets, and the pri.....
Are the tides turning against Chinese tech companies?
July 07, 2020 12:00 PM AEST| By Team Kalkine MediaSummary Many economies such as the US, UK, India, Canada, are now singing the same tune and turning the tide against Chinese vendors by excluding them or at least taking them out from their core 5G network. The U.S. FCC deems Huawei and ZT.....
Qantas Frequent Flyer Teams up with Afterpay to earn Qantas Points with BNPL Platform
July 07, 2020 12:00 PM AEST| By Team Kalkine MediaSummary With the easing of domestic travel restrictions, the Australian government has provided domestic passenger travel guidelines to reduce the risk of COVID-19. Qantas Airways reopened its domestic lounges and implemented protocols to preve.....
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How are the Unicorns doing?
July 07, 2020 12:00 PM AEST| By Team Kalkine MediaSummary Crunchbase’s unicorn list has added 44 new entities within a year which were valued cumulatively at US$64 billion and have raised US$12 billion cumulative funding with an average deal of US$300 million. Unicorn companies are the m.....
Housing values fall and auction rates go lower as pandemic fears hang around
July 07, 2020 12:00 PM AEST| By Team Kalkine MediaSummary As per the latest report, auction volumes have dropped, and clearance rates have stayed bleak due to rising coronavirus cases, and school holidays that have drawn upon the housing market. A preliminary clearance rate of 65.1% was record.....
Understanding the Performance of Markets on 6th July 2020.
July 06, 2020 08:42 PM AEST| By Team Kalkine MediaOn 6th July 2020, the equity market of Australia ended in red, and the benchmark index S&P/ASX200 went down by 43.3 points to 6014.6. The index has gained 3.43% during the last five days. S&P/ASX 200 Materials (Sector) experienced a fall of 1...
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Market Update: Understanding the Performance of Markets on 6th July 2020
July 06, 2020 08:38 PM AEST| By Team Kalkine MediaOn 6th July 2020, the equity market of Australia ended in red, and the benchmark index S&P/ASX200 went down by 43.3 points to 6014.6. The index has gained 3.43% during the last five days. S&P/ASX 200 Materials (Sector) experienced a fall of 1...
Oil prospects: current economic milieu and path to recovery
July 06, 2020 08:10 PM AEST| By Hina ChowdharyThe connection between oil prices movement and economic performance is too profound. According to the IMF, a deeper global recession is expected with output to shrink by 4.9% in 2020 than the 3% contraction predicted in April. As new cases are emer.....
Latest on the US jobs report, US WTI oil futures and indices across the Globe
July 06, 2020 07:31 PM AEST| By Kunal SawhneyThe US stocks rallied on 2 July post June employment report reflected that employers in the US added a record 4.8 million jobs in May, much more than anticipated, reassuring investors that economy was on the path of recovery from coronavirus induce.....
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