News

Housing Prices, Global Sell-Off And Hayne’s Interim Report: Australian Markets Have Seen A Lot
October 12, 2018 04:35 AM AEDT| By Team Kalkine MediaEven though the current state of the global markets is not good, it can be said that Australian markets have been going through a rough patch lately. It seems like lower levels of the currency, declining housing prices, subdued income growth were not...

How Downturn In The US Tech Stocks Impacted Jeff Bezos?
October 12, 2018 04:27 AM AEDT| By Team Kalkine MediaHow Downturn In The US Tech Stocks Impacted Jeff Bezos? Since the markets were falling significantly as seen this week, the impact has also been felt on the tech heavyweight companies as well as on the top management of those companies. Amazon Inc....

Perseus Mining’s Shares Continue To Mount Up On Yaouré’s Prospects
October 12, 2018 04:05 AM AEDT| By Team Kalkine MediaUp 4% on October 12, 2018 (1:45 PM AEST), Perseus Mining Limited (ASX: PRU) is continuing with its uptrend streak. On 11 October 2018, Perseus Mining Limited (ASX: PRU) announced the completion of value engineering assessment (VEA) and the front-end...

Nine Entertainment Shares Tumbled On ASX After Releasing Its Trading Update
October 12, 2018 03:59 AM AEDT| By Team Kalkine MediaOn 12 October 2018, Nine Entertainment Co. Holdings Limited (ASX: NEC) provided its trading update before the expected release of the Scheme booklet relating to the merger of Nine and Fairfax Media.? following this news, the share price of the compan...

Aurizon Holdings Limited Shaves Off Queensland Intermodal Business For $7.3 Million, Court Orders Pending
October 12, 2018 03:49 AM AEDT| By Team Kalkine MediaRail transport company Aurizon Holdings Limited (ASX: AZJ) plunged in early trade today as the company announced the divestment of its Queensland Intermodal Business (QIB). In an announcement to Australian Securities Exchange, Aurizon Holdings told...

How To Do Fundamental Analysis For Stock Recommendations?
October 12, 2018 02:54 AM AEDT| By Team Kalkine MediaFundamental analysis is all about analyzing the current business performance of a company and value it to know the worth. Investors/ analysts examine several parameters to attain the true intrinsic value of a firm which includes analyzing competitors...

3 Tech Stocks That Are Plunging Heavily – WTC, APX and APT
October 11, 2018 10:25 AM AEDT| By Team Kalkine MediaTech stocks in Australia are falling amid the technology stocks in the US went down sue to restrictions imposed on them and the rising bond yields. Wisetech Global Limited (ASX: WTC) ? The company has made $222 million in investment in innovation fro...

4 Gold Stocks On The Rise – SBM, EVN, RSG and SAR
October 11, 2018 10:15 AM AEDT| By Team Kalkine MediaIt is a known fact that whenever we see or experience a global market decline both the currencies and the stocks tend to move downward, in such cases gold comes as a rescue and is considered as a safe investment haven. This is just the case as invest...

Centuria Metropolitan REIT (ASX: CMA) Completes $179 Million Equity Raising
October 11, 2018 10:10 AM AEDT| By Team Kalkine MediaCenturia Metropolitan?s stock plunged 4.706% as it resumed trading on ASX after the completion of $179 million equity raising through Placement and Institutional Entitlement Offer. In an announcement dated 11 October 2018, property group Centuria...

Australian Markets Impacted By Global Sell Off: Should You Worry?
October 11, 2018 10:00 AM AEDT| By Team Kalkine MediaThe global tensions have been on the rise and thus, they are significantly impacting the equity markets and are weighing on the sentiments of the investors. After the entry of Chinese markets this week, the trade worries have renewed again leading to...

RCR Tomlinson’s Shares Tumbled Despite Being Awarded Auckland City Rail Link Project
October 11, 2018 09:25 AM AEDT| By Team Kalkine MediaOn 11 October 2018, RCR Tomlinson Limited (ASX: RCR) announced that along with its design partner Opus International Consultants Limited, it has entered into an Interim Project Alliance Agreement with City Rail Link Limited for the purpose of caring...

3 Stocks moving to low levels – AU8, M7T and MSV
October 11, 2018 09:25 AM AEDT| By Team Kalkine MediaAlong with the markets dropping below the 6,000 mark in the mid-day session falling by more than 150 points, three stocks moving to low levels with the index are in red. Here are the three stocks mentioned with the stock movements for the day. Amid t...

Kingston Resources Limited Identifies Significant Gold Mineralization At Livingstone
October 11, 2018 09:15 AM AEDT| By Team Kalkine MediaSignificant gold mineralization at the high-priority Kingsley gold target has been intercepted by Kingston Resources Limited (ASX: KSN) at its 75%-owned flagship Livingstone project in Western Australia during follow-up drilling. Drilled a total 106...

Mount Gibson Iron Ltd moves down on ore reserves and mineral resources’ statement
October 11, 2018 09:10 AM AEDT| By Team Kalkine MediaThis statement ending June 30, 2018 is in context to the ore reserves and the mineral resource of the company Mount Gibson Iron Limited (ASX: MGX). The iron ore with average grade of 61.8% Fe out of total mineral resource is estimated to be around 76...

Evolution Mining Limited’s Shares Soar As Mt Carlton Underground Mine Gets Green Signal From Board
October 11, 2018 09:10 AM AEDT| By Team Kalkine MediaThe stock of Evolution Mining Limited (ASX: EVN) jumped as high as 6.273% after the EVN?s Board has given green signal to Mt Carlton underground mine development. In today?s announcement to ASX, Evolution Mining Limited told that it has received the...

Medical Developments International Limited – Green Signal For Penthrox In Saudi Arabia
October 11, 2018 09:10 AM AEDT| By Team Kalkine MediaAfter Medical Developments International Limited?s (ASX: MVP) exclusive deal for Penthrox in China , MVP has been ?granted marketing authorization for the Penthrox medicine in Kingdom of Saudi Arabia (KSA). This authorization is granted by Saudi Food...

Market Update: Global Markets Got Severely Impacted, Raising Concerns And Outflows
October 11, 2018 09:08 AM AEDT| By Team Kalkine MediaUS Markets Meltdown, Indices Fell Significantly As the sell-off has been witnessed in the markets globally, the US indices have also joined the group. On October 10, 2018, major indices tumbled with Nasdaq Composite ending the trading session lower...

2 Stocks On The Upswing – MXC and SOR
October 11, 2018 09:04 AM AEDT| By Team Kalkine MediaTwo stocks from diversified sectors like health care and financials are surprisingly doing well in the falling market and should be under the investor?s watchlist. Both recorded a double-digit spike as at October 11, 2018. The two stocks in green are...

Netwealth Group’s Share Prices Tumbled Despite 7.3 percent Increase in September Quarter’s FUA.
October 11, 2018 08:58 AM AEDT| By Team Kalkine MediaOn 11 October 2018, Netwealth Group Ltd (ASX: NWL) released its business quarter update in which the company disclosed that Funds Under Administration (FUA) has increased by 7.3 percent to $19.3 billion over the prior corresponding period. Despite th...

Dow Plummets More Than 800 Points
October 11, 2018 08:47 AM AEDT| By Team Kalkine MediaProbably the third worst decline in the history in terms of points, when Dow plunged nearly 832 points on Wednesday, as at Oct 10, 2018. Sending the index below 26,000 points for the first time in a month, while all 30 stocks were in red, the index f...

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