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News
Pandemic Rescue Plan: Are COVID Hardship Loans Primary Need Of The Hour?
June 24, 2020 10:53 PM AEST| By Kunal SawhneyThe year of tough sledding has seen novel coronavirus (COVID-19) outbreak wreaking havoc across the globe, causing widespread economic hardships for consumers, policymakers, and businesses. The crushing humanitarian fallout of the crisis has b.....
Market Update: Performance of Markets on 24th June 2020
June 24, 2020 10:43 PM AEST| By Team Kalkine MediaOn 24th June 2020, equity market of Australia settled in green, and S&P/ASX200 stood at 5965.7 with a rise of 11.3 points or 0.19%. Most of the sectors of ASX closed in green such as S&P/ASX 200 Materials (Sector), which went up by 129.7 poin...
Low Possibilities around V-Shaped Recovery
June 24, 2020 08:37 PM AEST| By Team Kalkine MediaV-shaped recovery chances are receding as coronavirus cases continue to emerge from cities where the virus was once contained. Some countries are experiencing a second spike, raising concerns of the second outbreak of COVID-19. An outbreak will per.....
Elon Musk Sets 15 September 2020 as Battery Day, Petrolheads Mark your Calendar
June 24, 2020 08:30 PM AEST| By Hina ChowdharyPalo Alto, California- based electric vehicle (EV) and clean energy company, Tesla, Inc. CEO Elon Musk had announced on 21 June 2020 that the long-awaited “Battery Day” event and Tesla shareholder meeting have been tentatively scheduled.....
Why did Mayne Pharma and Sonic Healthcare stock end ~5% higher today?
June 24, 2020 08:01 PM AEST| By Kunal SawhneySummary Several ASX-listed healthcare companies are backed by numerous advanced technologies and looking at the current opportunities, countless momentous developments are anticipated in the sector. Mayne Pharma’s oral contraceptive...
Gold Vaults to Highest Levels Since October 2012; Trade Trends and Data Divergence
June 24, 2020 07:43 PM AEST| By Hina ChowdharyGold trades past its previous seven-year high with gold spot surging to the present high of USD 1,773.45 (as on 24 July 2020 12:42 PM AEST). The rise in the gold prices might be coming as a surprise in the status quo with Nasdaq contouring a recor.....
Value Investors are looking at these Materials Sector stocks- BLD, ORI, IPL
June 24, 2020 07:36 PM AEST| By Kunal SawhneyValue investing strategy encompasses investing in those companies that trade for less than their inherent value. Also, value investors rummage through entities they deem the market is undervaluing. They are usually investors with long-term go.....
Jadar Identifies Rekovac Potential of Bulk Lithium and Borate Mineralisation in Serbia
June 24, 2020 07:08 PM AEST| By Team Kalkine MediaJadar Resources Limited (ASX:JDR) is a diversified mining explorer holding key Gold/Silver and Lithium/Borate assets in the mineral rich jurisdictions across Peru, Serbia and Austria. Backed by robust and experienced management, Jadar is focused on.....
Stocks in Auto Space: Is the long-due revival nearing - AMA, BAP, CAR
June 24, 2020 05:21 PM AEST| By Team Kalkine MediaThe Australian automotive sector has remained operational during the COVID-19 crisis to ensure that Australian citizens can replace and service their vehicles to ensure safety concerns are addressed. The dealership service departments are offering .....
Five-Star ASX Dividend Players Amidst Low-Interest Rate Regime
June 24, 2020 05:04 PM AEST| By Team Kalkine MediaCurrent uncertainty across the globe has led to lot of volatility in equity markets, with several companies resorting to capital management initiatives, ensuring they are equipped to manage through the short term volatility whilst remaining in a st.....
The O’s and C’s in Property Sector: Opportunity, Collections, Consistency
June 24, 2020 04:11 PM AEST| By Team Kalkine MediaWhile COVID-19 crisis created havoc around lives, businesses, and economies; the housing market continues to show mixed signs of resilience amidst soft demand. In May 2020, millions of Aussies lost their jobs and employment tumbled by 227,700 peopl.....
A glance at Five tech-based companies tasting success amid COVID-19
June 24, 2020 03:14 PM AEST| By Team Kalkine MediaCOVID-19 pandemic is the most thrilling and major chapter of 2020. This pandemic has shaken the world and has brought unprecedented changes across various sectors such as technology, healthcare, manufacturing and many more. Australia is on a rolle.....
LNG Export to Stagnate Over the Long-Run Amidst Sizeable Global Trade
June 24, 2020 03:02 PM AEST| By Team Kalkine MediaLNG trade across the globe has grown rapidly over the last few years with LNG trade totalling around 348 million tonnes in 2019, which marked a gain of 12 per cent or 38 million tonnes against the previous year. The surge in LNG trade has prompted.....
Banking Stocks under Spotlight – Is there Any Scope of Bounce Back?
June 24, 2020 01:33 PM AEST| By Team Kalkine MediaWhile NZ banking space grabbed headlines with RBNZ keeping rates on hold at 0.25% and continuing QE program, AU major banks are showing mixed performance on ASX. Financial and banking space, once considered as darling stocks by dividend and yield .....
Access early superannuation inappropriately: ATO can knock at your door
June 24, 2020 12:00 AM AEST| By Hina ChowdharyClaiming early superannuation fund through fraudulent means is not going to be easy-breezy in Australia with the Australian Tax Office (ATO) keeping a strict vigilance over applications. Between 20 April 2020 to 14 June 2020, COVID-19 Early Releas.....
A look at two retail sector players - WOW & HVN
June 23, 2020 09:28 PM AEST| By Kunal SawhneyAmidst COVID-19 outbreak, people were deprived of their day to day livelihood due to government imposed lockdown, leading to plummeting foot traffic at brick and motor stores. This fall was followed by a wave of stores closure by multiple retailers.....
Market Update:How Markets Performed on 23rd June 2020?
June 23, 2020 09:21 PM AEST| By Team Kalkine MediaAt the close of the trading session on 23rd June 2020, equity market of Australia settled in green. The benchmark index S&P/ASX200 went up by 9.9 points to 5954.4. S&P/ASX 200 Information Technology (Sector) stood at 1,572.2 with an increase...
Consumers increasingly paying through cards; merchants get burdened with hefty fees
June 23, 2020 08:41 PM AEST| By Team Kalkine MediaDuring the pandemic, cashless payment system, which was already growing, is now being encouraged even more. People all around the world are moving towards cashless transactions and opting for credit cards, BNPL, and cryptocurrency options to purcha.....
Philip Lowe: 5 reasons to stay ‘fundamentally optimistic’ on Australia
June 23, 2020 08:27 PM AEST| By Hina ChowdharyAustralia flattened the coronavirus curve earlier than was anticipated, with the economic contraction not as severe as projected. Also, the country stands at a much better position than its global counterparts. RBA Governor Philip Lo.....
Is the Australian Success Story Fluttering?
June 23, 2020 08:20 PM AEST| By Kunal SawhneyThe Australian economy has witnessed a gradual lift in the restrictions after the Australian Government took control of the pandemic situation and was able to curb the spread of the virus effectively. The Australian economy has been significantly h.....
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