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News
Your Complete Guide: Companies Hitting the COVID-19 Vaccine Charter (Part 3)
July 25, 2020 01:52 PM AEST| By Team Kalkine MediaCOVID-19 pandemic has infected more than 15.29 million people across the globe since the outbreak, with over 628k reported deaths (as on 24 July 2020 according to the WHO). There is no vaccine available yet to protect against the deadly novel coron.....
Stocks Showing Interesting Development on Charts- City Chic, Prospa Group, Independence Group
July 25, 2020 01:40 PM AEST| By Team Kalkine MediaSummary The benchmark index, i.e., S&P/ASX 200 Index has demonstrated a strong June 2020 quarter with a rally of nearly 40 per cent. However, post rallying or recovering the market seems to be reaching a phase of consolidation with many sto.....
The Needle on VR1 and DSE - Two Tech Stocks Not to be Missed
July 25, 2020 12:27 PM AEST| By Team Kalkine MediaSummary Use of virtual reality is gaining momentum amid COVID-19, as it allows people to remain virtually close while maintaining social distancing. Cloud computing is playing a critical role in enabling businesses and other organisations to fa.....
S&P/ASX200 Falls 1.16%; IAG Declined By 7.80%
July 24, 2020 11:15 PM AEST| By Team Kalkine MediaOn 24th July 2020, Australian equity market settled in red, and the benchmark index S&P/ASX200 moved down by 1.16% to 6024. S&P/ASX200 Consumer Discretionary (Sector) stood at 2,500.9 with a fall of 19.2 points. S&P/ASX 200 Energy (Sector...
Coronavirus Pandemic could hit Women the hardest
July 24, 2020 11:09 PM AEST| By Team Kalkine MediaThe COVID-19 pandemic has created an environment where large swathes of population are confronting threats to their physical and financial wellbeing, which if left unchecked could accelerate the gender divides. The pandemic and the induced measures.....
Shedding light on another World within sight - Virtual Reality
July 24, 2020 11:00 PM AEST| By Team Kalkine MediaSummary Virtual Reality (VR) represents a technology by which computer-aided stimuli creates an immersive illusion of being elsewhere both mentally and physically, ensuring a memorable experience. Virtual space training is no lon.....
How did these LIC Stocks perform amid COVID-19 crisis: MLT, WAM, WGB, WAX, CIE
July 24, 2020 10:46 PM AEST| By Kunal SawhneySummary LICs are a source of gaining exposure to Australian shares, global shares, fixed interest investments and several other investment strategies. As per its lately published annual review 2020, Milton Corporation’s profits plummeted .....
What Brought Cardno Limited Under the Spotlight?
July 24, 2020 08:59 PM AEST| By Kunal SawhneySummary Infrastructure, social and environmental development player Cardno was under the spotlight as its shares skyrocketed by over 50% post the release of its FY2020 guidance update. For FY2020, Cardno expects EBITDA in the range A$41 million.....
An Uncertain Road to ASX Banks’ Dividends
July 24, 2020 02:01 PM AEST| By Team Kalkine MediaSummary Bad debts and loan loss picture for banks continues to remain uncertain due to rapidly evolving pandemic and its impact on economic activity. COVID-19 outbreaks remain largely in Victoria, while all other states have proved to be resili.....
Value versus Volume: Not just the stock but assets as well for Coca-Cola Amatil
July 24, 2020 01:31 PM AEST| By Team Kalkine MediaSummary Coca-Cola Amatil soared above 5% on ASX with daily volume above average annual volume post releasing asset value and trading update. Amatil has indicated that in the wake of adverse COVID-19 impacts, it expects non-cash impairments betw.....
Renascor’s Impressive Reserve Update: Siviour Hosts Largest Reported Graphite Reserve Outside of Africa
July 24, 2020 11:45 AM AEST| By Team Kalkine MediaSummary Renascor’s Siviour Graphite Project is the largest reported total ore graphite reserve ex-Africa and the second largest reported proven reserve of graphite, globally, as confirmed by the updated mineral ore reserve estimate by Opti.....
Australia's Greta Thunberg Moment? Melbourne Student Sues Government
July 23, 2020 09:56 PM AEST| By Kunal SawhneySummary The lawsuit alleges the Commonwealth of Australia and two government officials for failing in their duty to disclose how climate change would impact the value of government bonds. Katta O'Donnell, like many others, has lent government m.....
Earning Bells Ringing for Santos And Cooper Energy
July 23, 2020 09:50 PM AEST| By Hina ChowdharyThe June 2020 quarter earnings results are flooding in on the exchange, and the market seems to have gained momentum with the S&P/ASX 200 index taking a U-turn in late March 2020 from the level of 4,402.50 (intraday low on 23 March 2020) to the.....
Market Update: S&P/ASX200 Closes in Green; NWH Rises 8.631% on ASX
July 23, 2020 09:41 PM AEST| By Team Kalkine MediaThe equity market of Australia closed in green on 23rd July 2020 and the benchmark index S&P/ASX200 went up by 19.4 points to 6094.5. Most of the sectors on ASX ended in green such as S&P/ASX 200 Energy (Sector), which settled at 7,514.0 with...
Australia to record biggest postwar deficit in 2020
July 23, 2020 08:39 PM AEST| By Kunal SawhneySummary Lately, Australia recorded a budget deficit of $86 billion amid COVID-19 and is projected to grow over $184 billion in 2020-21. The official unemployment rate is expected to peak at 9.25% in December quarter, while real GDP is likely to.....
Platina Seeking to Build Portfolio in WA Goldfields, Submits Application for Mt Narryer Project
July 23, 2020 08:13 PM AEST| By Team Kalkine MediaSummary Platina has filed an exploration licence application E 09/2423 covering 165km2, located within the Yilgarn Craton, home to many successful mining operations. The exploration licence at Mt Narryer South lies 300km north-west of the recen.....
SUDA Seeking Participation in $3.56M Capital Raising, Eyeing development of Anagrelide and OroMist Assets
July 23, 2020 08:10 PM AEST| By Team Kalkine MediaSUDA Pharmaceuticals Limited (ASX:SUD), the global leader in reformulating and delivering medication via the oral mucosa is seeking shareholders’ support to participate in the capital raising activity announced in early July 2020. On 3rd Jul.....
Trump Goes COVID-19 Vaccine Shopping, Pumps ~US$2 Billion in Pfizer/BioNTech candidate
July 23, 2020 05:55 PM AEST| By Team Kalkine MediaSummary Trump Administration secures 100 million doses of Pfizer and BioNTech’s vaccine for US$1.95 billion to meet the Operation Warp Speed (OWS) program’s goal of delivering 300 million doses of COVID-19 vaccine in 2021. In May 20.....
BPH Announces Capital Raising to Support Developments at Advent’s PEP 11 Permit, Stock Soars 23.5%
July 23, 2020 04:22 PM AEST| By Team Kalkine MediaAustralia’s diversified player, BPH Energy Limited (ASX:BPH) has concluded a Placement activity and plans to undertake a non-renounceable Rights Issue following the issue of shares under the Placement. Following the key update, BPH’s s.....
Things That Made Investors Pounce on Jio
July 23, 2020 03:40 PM AEST| By Team Kalkine MediaSummary Reliance Industries’ Chairman Mukesh Ambani has seen his net worth soar higher in the recent months, becoming the world’s fifth richest man. Reliance Industries has been aggressively divesting stakes in its digital business, .....
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