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US markets extend gains as tech, financial stocks rise
August 26, 2021 07:54 AM AEST| By Sanjeeb BaruahAll major US stock markets closed higher on Wednesday, August 26, pulled up by gains in technology and financial sectors. The blue-chip S&P 500 and tech-heavy Nasdaq Composite closed at record highs for the third consecutive day, buoyed by a posi...
London and US Markets’ Nudged Higher Ahead of Fed’s Jackson Hole Symposium
August 26, 2021 04:16 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 12.47 points or 0.28 per cent higher at 4,498.70, Dow Jones Industrial Average Index surged by 99.65 points or 0.28 per cent higher at 35,46...
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FTSE 100 trades in green, casino and gambling stocks moves up
August 25, 2021 10:00 PM AEST| By Suhita PoddarHighlights FTSE100 trades marginally in the green, up by 0.16%, while mid-cap focused FTSE250 index was up by 0.54%. Casino and Gambling stocks saw some buying interest from investors. FTSE100 trades in the positive territory, up.....
BrewDog IPO: When can you buy the shares on LSE?
August 25, 2021 08:48 PM AEST| By Kamalika GhoshThe UK-based pub chain and craft beer maker BrewDog, founded in 2007 in Scotland, is preparing to launch its initial public offering (IPO) on the London Stock Exchange this year. The pandemic has derailed plans as the uncertainty has made it diffic.....
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Is Cardano likely to surge in near future?
August 25, 2021 08:16 PM AEST| By SonalHighlights Cardano token ADA has risen over 100% this month after the news of the network upgrade. Cardano is targeting to launch Alonzo upgrade in September. The environment-friendly crypto can gain momentum after the software upgrade. .....
Asia-Pacific shares mixed: Sensex at an all-time high, ASX miners rally
August 25, 2021 06:18 PM AEST| By Furquan MoharkanAsia-Pacific stocks were mixed on Wednesday, as optimism continued to drive stocks, with India’s Sensex touching a record high and a rally in the shares of Australian miners. India’s premier benchmark – the BSE Sensex – touch...
Will Bitcoin’s fast recovery fizzle out?
August 25, 2021 02:10 PM AEST| By Furquan MoharkanA rally of over 100%, then a crash of over 100%, and now rallying back by close to 100%. Yes, there is one such asset class which has been so volatile in just eight months of this year – and it is Bitcoin. Bitcoin has given year-to-date return...
Why Pfizer COVID-19 vaccine is hitting the headlines again
August 25, 2021 12:35 PM AEST| By Furquan MoharkanThe United States Monday gave full approval to Pfizer's COVID-19 vaccine, which had earlier been given emergency use authorisation by the Food and Drug Administration (FDA). The full authorisation of the Pfizer’s shot for people aged 16 years...
Binance’s new project furthers DeFi: What is Coin98?
August 25, 2021 11:03 AM AEST| By Daniel Paul JohnsHighlights The Coin98 platform is the place to go for interoperable DeFi lending, borrowing, and yield farming. The C98 token is the native token of the Coin98 ecosystem and is utilised to participate in governance, pay fees, as well as get acc.....
US stocks rise on vaccine hopes, positive economic outlook
August 25, 2021 08:01 AM AEST| By Sanjeeb BaruahBenchmark S&P 500 and NASDAQ composite closed at record highs for the second consecutive day on Tuesday, August 24, after significant gains in consumer discretionary and energy segments. The S&P 500 was up 0.15% to 4,486.23. The Dow Jones ro...
Basic Materials & Energy Shares Propelled FTSE 100 Higher; Petropavlovsk up 8.36%
August 25, 2021 04:26 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 7.78 points or 0.17 per cent higher at 4,487.32, Dow Jones Industrial Average Index surged by 47.95 points or 0.14 per cent higher at 35,383...
FTSE 100 trades marginally in red, travel and hotel stocks move up
August 25, 2021 01:05 AM AEST| By Kamalika GhoshHighlights FTSE100 trades lower, giving up some gain of yesterday. However, travel and hotels stocks are trading higher after Pfizer and BioNTech vaccine received US-FDA approval. Crude oil trades higher after a deadly fire in the Gul.....
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HSS, Carnival, Cardfactory, Petrofac: 4 FTSE investment ideas for the day
August 24, 2021 08:12 PM AEST| By Kamalika GhoshHighlights UK government decision to remove most of the restrictions has met with a positive response from the investors as the stock market continues to perform well. Although the UK continues to report coronavirus cases, the rate of hos.....
BYD IPO: Why has Warren Buffet-backed Chinese company shelved its IPO plan?
August 24, 2021 06:41 PM AEST| By Kamalika GhoshHighlights Warren Buffet-backed BYD shelved its plans of getting its semiconductor unit listed on the Chinese exchange. The setback came about following a regulatory investigation launched by China Securities Regulatory Commission. The Chinese.....
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Binance Coin showcases positive movement in crypto market
August 24, 2021 06:21 PM AEST| By Kamalika GhoshHighlights Binance Coin (BNB) is a cryptocurrency issued by one of the biggest cryptocurrency exchanges globally, Binance. Binance Coin was trading at US $497.05 with a 24-hour trading volume of $3,43,45,78,379 according to CoinMarketCap......
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Fruugo’s London IPO: Should you invest in this upcoming tech listing?
August 24, 2021 05:20 PM AEST| By Suhita PoddarHighlights Fruugo, a Cumbria-based online shopping company, is all set to debut on the London Stock Exchange. The e-commerce company is working along with Panmure Gordon, an investment banking company, on its flotation plans. Fruugo's te.....
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Focus on 4 FTSE stocks as service sector shows a slowdown in August
August 24, 2021 04:46 PM AEST| By Kamalika GhoshHighlights The private sector recorded an acute slowdown in the month of August due to supply chain issues and staff crunch. IHS Markit and CIPS' latest PMI flash data found that crunch in essential components and raw materials pushed up .....
US evacuates 11,000 people from Afghanistan in 30 hours
August 24, 2021 04:42 PM AEST| By Furquan MoharkanIn what could be one of the most crucial state-sponsored evacuation programmes in the history, US has evacuated 11,000 people from Afghanistan in the last 30 hours. Since 14 August 2021, a day before the country’s capital fell to Taliban, the...
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Binance announces the arrival of WAX coin
August 24, 2021 03:46 PM AEST| By Daniel Paul JohnsHighlights WAX coin, whose native currency is called WAXP, is a community for digital collectables and gaming. WAX operates on a proof-of-stake consensus where users are required to stake WAXP tokens to enter community assets and then acc.....
APAC markets buoyed on Pfizer COVID-19 vaccine’s FDA milestone
August 24, 2021 03:34 PM AEST| By Furquan MoharkanEquity markets in the Asia Pacific (APAC) region on Tuesday picked up from where they left on Monday, as the rally in the indices continued on the back of the US Food and Drug Administration’s (FDA) full approval of Pfizer and BioNTech’s...
