News

Superannuation industry all set for super glory!
June 12, 2020 04:18 PM AEST| By Team Kalkine MediaFor an individual, surviving post retirement from job, with a steady income is a must have for a relaxing old age. And to give shape to this leisure, Superannuation funds play a pivotal role. The government also helps the younger crowd save on taxe.....

COVID-19 Pandemic Impact to Exacerbate Income Inequalities
June 12, 2020 03:05 PM AEST| By Team Kalkine MediaThe lingering effects of sleepless midnight hours that you spend pondering over the finances may have encouraged you to curb leisure expenditure. Or maybe giving up thee shopping spree is apparently your massive sacrifice for ensuring financial sus.....

E-Tailers- Kogan.Com and JB Hi-FI Rallying to Records Highs; What are Chartists Looking At?
June 12, 2020 02:40 PM AEST| By Team Kalkine MediaE-Tailers have been the direct beneficiaries of the lockdown imposed by various nations to contain the spread and the market anticipates that the new norm of selective movement could be a structural change and would support E-Tailers over the long-.....

Should Investors Still Look at Bank Stocks? Value versus Challenges
June 12, 2020 01:45 PM AEST| By Team Kalkine MediaThe bank stocks are a charmer for many investors, even in the times of crisis posed by the COVID-19. However, after the sharp decline in the S&P/ASX 200 BANKS (INDUSTRY) index by 5.33% on 11 June 2020 and 2.4% on 12 June 2020 (at AEST 12:22 PM).....

A Look at ASX Material Sector Stocks – BLD, JHX, AMC, ORI
June 12, 2020 01:32 PM AEST| By Team Kalkine MediaMaterials sector comprises companies engaged in the mining and refining of metals, chemical products (fertilizers, industrial gases, etc.), as well as forestry products, which all are processed and manufactured as raw materials for other industries.....

Nasdaq is up, ASX200 Information Technology Index is few points away, why so?
June 11, 2020 10:39 PM AEST| By Team Kalkine MediaThe impact of COVID-19 on the stock market has been similar to black swan that caught almost everyone by surprise and had potentially impacted the businesses across numerous sectors. Moreover, the virus swallowed the growth made by economies and se.....

China Poised to Grab the Global Steel Trade as Economies Open up for Trade
June 11, 2020 10:29 PM AEST| By Hina ChowdharyChina is back on foot, and the steel industry, considered as the backbone of the Chinese economy, doing better than before, giving China an edge to secure large tranche of the global steel trade in the absence of competitive bids from different ste.....

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 .....

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