Stock market
How this ASX200 Share Price is having a magical spell in the equity market: Afterpay on next jump
August 25, 2020 11:10 PM AEST| By Team Kalkine MediaSummary Fintech's darling, Afterpay Limited closed the trading session on 25 August at an all-time high price of $92.48, up by 11.785% backed by steady business progress and the expected growth resulting from an acquisition. Afterpay recently a.....
Is ASX100 Xero share price hitting new record high levels?
August 25, 2020 08:40 PM AEST| By Team Kalkine MediaSummary ASX100 listed, Xero share price zoomed to an all-time high AU$98.500 on 25 August, up by 0.01%, post an update concerning the acquisition of Waddle, a cloud-based lending platform. The acquisition would position Xero to collaborate with.....
Platina Resources Discusses “Going for Gold” Strategy, Releases Investor Presentation
August 25, 2020 07:44 PM AEST| By Team Kalkine MediaSummary Platina Resources has redirected strategy from overseas assets to Australian gold amid travel and lockdown restrictions worldwide due to the COVID-19 pandemic and record gold prices. Two new and promising projects - Challa Gold Project .....
Why is This Small-Cap All Ordinaries Stock Liked by Some? Propel Funeral Partners Share Price
August 25, 2020 06:58 PM AEST| By Team Kalkine MediaSummary Propel Funeral Partners, a small-cap stock from All Ordinaries index, has been under the spotlight driven by impressive results during FY2020. Propel reported a 17.6% increase in funeral volume and a 16.5% growth in revenue. The Company.....
Theory Behind Success and Failure of ASX-listed Retailers: Mosaic and Kogan
August 25, 2020 05:40 PM AEST| By Team Kalkine MediaCOVID-19 pandemic has been particularly hard for businesses that require close contact with stakeholders. Among these businesses, retail players with large store footprint have been hit harder. Since nationwide lockdowns in March, brick and mortar .....
Biggest Success Stories of The Pandemic: ASX Stars Fortescue Metals Group and Afterpay
August 25, 2020 04:31 PM AEST| By Team Kalkine MediaSummary Fortescue Metals and Afterpay have emerged as winners in an otherwise gloomy environment where most ASX companies have experienced numerous challenges. Fortescue Metals Group has posted robust results with a 49% growth in NPAT to US$4,7.....
Zooming Lens on ASX 200 listed Infant Formula player Bubs Share price
August 25, 2020 02:44 PM AEST| By Team Kalkine MediaSummary Bubs and Joint Venture partner Beingmate entered a Memorandum of Understanding to produce Bubs® China label Goat Infant Formula locally in China. Bubs® China label Goat Infant formula will be made from 100% Bubs Australian .....
The All Ordinaries Healthcare Share Price Under Discussion - SomnoMed
August 25, 2020 02:24 PM AEST| By Team Kalkine MediaSummary With a high prevalence that is expected to grow further, the obstructive sleep apnea (OSA) market is predicted to expand in the upcoming times. Sydney-headquartered SomnoMed Limited, engaged in developing devices for OSA treatment, repo.....
ASX200 Industrials Sector Player Reliance Worldwide Reports Strong Operating Performance for FY20
August 25, 2020 02:06 PM AEST| By Team Kalkine MediaSummary RWC reported varied sales performances in different regions for FY20, with strong performance in Americas and minimal impact of the COVID-19 pandemic in the Australian market. Reported earnings impacted by restructuring and impairment c.....
Economy And ASX 200 Stocks: Is Stay-At-Home the Best Bet As A Sector?
August 25, 2020 11:47 AM AEST| By Team Kalkine MediaSummary COVID-19 had a significant impact on Australian GDP, which is expected to contract by another 4% in 2020. Amid these challenges, a few segments got an opportunity to demonstrate continuous business momentum like technology, online servi.....
How is CIMIC, the ASX200 Company, Positioned After Half-Year Results?
August 25, 2020 11:34 AM AEST| By Team Kalkine MediaSummary CIMIC Group with $38.1 billion of work in hand is actively participating in tendering activities. Hong Kong tendering licences have been reactivated. HY20 revenue was down $0.8 billion compared to same period last year, as a result of C.....
2 ASX200 Share Price Stories: TPG Telecom Rose 10% while Nearmap Jumped ~13%
August 24, 2020 09:51 PM AEST| By Team Kalkine MediaSummary ASX 200 telecommunication company TPG Telecom’s share price rose by 10% on 24 August 2020 after the Group announced its half-year 2020 results on 21 August 2020. During 1H20, TPG Telecom reported a profit of ~A$83 million. The sh.....
iSentric Registers Fresh 52-Week High Post Announcing Important Technology Platform Improvements
August 24, 2020 06:39 PM AEST| By Team Kalkine MediaActions of business entities amid the current times have been closely watched by markets and investors. Businesses that continue to make valuable improvements to their offerings could possibly be the hot stocks amid the COVID-19-infused uncertainty.....
ASX 200 Player Ooh!media’s Shares Have Shot Over 17% driven by a Positive Outlook
August 24, 2020 05:01 PM AEST| By Team Kalkine MediaSummary Out of Home advertising company oOh!media could maintain its market share despite the existing challenging situation. Although oOh!media witnessed a drop in revenue and profit, the decision taken to raise capital supported the Company t.....
2nd Tranche of Pilot Plant Equipment Received, Cobalt Blue’s Broken Hill Project Remains on Schedule
August 24, 2020 04:46 PM AEST| By Team Kalkine MediaSummary Cobalt Blue is building a pilot plant at the Broken Hill Cobalt Project site to produce final and intermediate cobalt hydroxide and sulphate products, with test samples to be sent to commercial partners. 2nd tranche of critical pilot pl.....
ASX200 Energy Company-New Hope Corporation’s Production and Sales Plunge Over Bad Weather and Weak Demand
August 24, 2020 03:05 PM AEST| By Team Kalkine MediaSummary The Newcastle coal price has decreased by 24 per cent (monthly average) since the onset of the year 2020 till now. A decline in electricity prices and demand across the continent over lesser daytime cooling needs and installation of roo.....
Is Market Bucking COVID-19 Based Initial Trends: 4 ASX 200 Shares under spotlight
August 24, 2020 02:42 PM AEST| By Team Kalkine MediaSummary First wave of COVID-19 was like a preparatory phase for companies to learn new ways for business continuity amid the pandemic. During the second wave, success stories are coming up in terms of new milestones and financial achievements.&.....
4 ASX Stocks Under the Spotlight Last Week- JB Hi-Fi, Suncorp, Nearmap & Redbubble
August 24, 2020 01:24 PM AEST| By Team Kalkine Media“Investing is not supposed to be easy”, said the great Charlie Munger. COVID-19 inflicted market downturn is proving the same for investors, both domestic and global. However, as Munger’s close ally Warren Buffett said, “Gam.....
The Tech and Gold Buzz on Indices – 5 ASX 200 Market Darling Shares
August 24, 2020 12:02 AM AEST| By Kunal SawhneySummary Tech and gold stocks have been creating a buzz in the global financial markets, on the back of recent favourable developments. Tech stocks like Afterpay Limited, Xero and Nearmap have recently registered fresh highs in their share price.....
Is ASX 200 listed Suncorp share price a buy post the latest earnings result?
August 24, 2020 12:00 AM AEST| By Team Kalkine MediaSummary ASX 200 listed Suncorp Group’s share price soared 11.047% to $9.65 on 21 August followed by its FY20 results ended 30 June 2020. Net profit after tax (NPAT) stood at $913 million, up 421.7%, which includes a $285 million after-tax.....
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