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News
Calima’s Contingent Resources Elevated to Development Pending Status Post Resource Upgrade
July 14, 2020 07:19 PM AEST| By Team Kalkine MediaSummary Calima has attained a significant milestone with a resource upgrade at Calima Lands asset in British Columbia, Canada. The Company’s Contingent Resources have been elevated to the Development Pending category, that would be catego.....
TPG Telecom Under Spotlight: Commenced Trading on ASX on An Ordinary Settlement Basis
July 14, 2020 05:52 PM AEST| By Team Kalkine MediaSummary TPG Corporation and TPG Telecom announced the implementation of the scheme of arrangement between TPM and its shareholders related to the TPM and TPG Telecom merger. The discussion related to the merger of TPG Telecom and Vodafone Hutch.....
Iron Ore Inks A New 52-week High; ASX-listed Iron Ore Stocks Rallying, FMG at a New Record High
July 14, 2020 05:26 PM AEST| By Team Kalkine MediaSummary Iron ore prices are once again running in a full sprint with prices of iron ore futures on DCE hitting a new 52-week high. The surge in iron ore prices is well supported by a robust steel production across China and increasing domestic .....
St Barbara and Dacian Gold Release Quarterly Performance Figures
July 14, 2020 01:51 PM AEST| By Team Kalkine MediaSummary Gold spot has been the best performer of the year so far with prices reaching a new seven-year high of USD 1,818.13 per ounce recently. The surge in gold prices has drawn attention of the market participants towards ASX-listed gold stoc.....
Nyrada Cholesterol-Lowering Drug Achieves Encouraging Preclinical Results, Stock Responds Positively
July 14, 2020 12:07 PM AEST| By Team Kalkine MediaAustralian-listed drug discovery and development company Nyrada Inc. (ASX: NYR) has met the significant scientific milestone with encouraging preclinical results from its cholesterol-lowering program, in a bid to replace expensive ongoing injection.....
Crude Oil Continues on the recovery path, Libya blaming UAE on support to Hifter
July 13, 2020 10:32 PM AEST| By Team Kalkine MediaSummary Brent at US$42.81 a bbl, WTI at US$40.21 per bbl Strong demand recovery from India & China in June, US refined product demand growth awaited Libya internal disputes on oil revenue allocation continue, may experience a further disru.....
Much talked about ETF on ASX: ETFS Ultra Long Nasdaq 100 Hedge Fund
July 13, 2020 09:27 PM AEST| By Hina ChowdharySummary ETFs are a pool of investment that provides exposure to an area of the market. The portfolio comprises of equity and bonds, and trades close to its NAV (net asset value). ETFS Ultra Long Nasdaq 100 Hedge Fund (LNAS) and ETFS Ultra Short.....
Sultan Accelerated Growth Story, Delivers ~200% Return in the Past 3 Months
July 13, 2020 09:19 PM AEST| By Team Kalkine MediaSummary Sultan owns five projects in Yilgarn craton and Lachlan Fold Belt Gold and precious metals project in the established mining neighbourhoods Acquisition of LFB project completed in late June Sultan Resources Ltd (ASX: SLZ), the new.....
5 Hot and High Value Stocks on ASX: APT, CBA, CSL, WBC, COL
July 13, 2020 09:00 PM AEST| By Kunal SawhneySummary Afterpay is trading near its 52-week high levels and co-founders have sold 10% of their respective holdings. CommBank’s app feature has enabled its customers to collectively save millions, while Westpac has also revealed further s.....
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Market Update: Understanding the Performance of Markets on 13th July 2020
July 13, 2020 08:53 PM AEST| By Team Kalkine MediaAt the close of the trading session on 13th July 2020, equity market of Australia ended in green. S&P/ASX200 stood at 5977.5 with a rise of 58.3 points. Most of the sectors on ASX closed in green such as S&P/ASX 200 Consumer Staples (Sector),...
Australia's Stance on Hong Kong Extradition Treaty
July 13, 2020 07:22 PM AEST| By Team Kalkine MediaSummary When the world is struggling hard due to the pandemic, China seems to be cornering itself on various fronts. Australia has suspended its extradition treaty with Hong Kong due to a new security law imposed on the city by China. Go.....
How TechnologyOne is dealing with enquiries related to audited results
July 13, 2020 07:14 PM AEST| By Team Kalkine MediaSummary Hong Kong domiciled GMT Research had alleged TNE of creating artificial growth by utilising accounting tricks to pull forward revenue and profits. TNE rejected 'false and misleading' claims about its audited results; and stood 100 per c.....
V-shaped trajectory for economy unlikely while stocks approach closer to reporting season
July 13, 2020 06:11 PM AEST| By Team Kalkine MediaSummary Leading indicators in most of the developed nations and emerging markets have returned to relatively better levels, but a widespread lockdown remains a major risk to the economic outlook. With Melbourne going for a six-week shutdown, th.....
All You Need to Know about French Digital Services Tax on the US Tech Companies
July 13, 2020 04:57 PM AEST| By Team Kalkine MediaSummary In July 2019, the French Parliament had passed Digital Services Tax (DST) regime to impose a 3 percent tax on the revenue of the US digital services providers, which resulted in an investigation by the US to determine whether France was .....
Afterpay & ResMed Drove Ophir High Conviction Fund’s June Performance, Know How!
July 13, 2020 04:43 PM AEST| By Team Kalkine MediaSummary Ophir High Conviction Fund’s ASX listing produced a considerable return of 7.7 per cent in June 2020 despite an emerging second wave of infections in Australia. Portfolio holdings, Afterpay and ResMed, drove fund’s June 2020.....
10 Most Talked About Stocks: MSB, BIT, HCT, FBR, Z1P, APT, WEB, IGN, ICU, NWL
July 13, 2020 03:41 PM AEST| By Team Kalkine MediaSummary Several companies, post the June quarter, started releasing their updates which have brought them under the limelight. Mesoblast Limited updated that an expanded access protocol was started in the US for the compassionate use of remeste.....
Did You Miss Top 5 ASX Stocks of Last Week? Read On!
July 13, 2020 01:36 PM AEST| By Team Kalkine MediaSummary Market activity was on the thinner side on Friday though investing sentiment has been improving of late, owing to COVID-19 vaccine developments and staged reopening of economies. However, sporadic fears of second waves trigger stock exch.....
Canadian PM Justin Trudeau Faces Probe Over C$ 900-million contract to WE Charity
July 13, 2020 12:00 PM AEST| By Team Kalkine MediaSummary Justin Trudeau-led government’s decision to award a contract of over C$ 900 million to WE charity his family members are associated with has stirred up a political controversy. The charity admitted paying the Prime Minister’.....
Revealed! Four Strong Companies From The Biggest Economies Amid COVID-19
July 12, 2020 12:35 AM AEST| By Team Kalkine MediaSummary World continues to track economic and epidemiological developments around COVID-19, and as lockdowns lift, businesses are pondering over their next moves. Current times offer leaders the unique opportunity to structure, strengthen and l.....
Are Chinese Companies proffering high-quality businesses? Magellan’s Story around Tencent
July 12, 2020 12:20 AM AEST| By Hina ChowdharySummary In recent times, digital players in China have witnessed significant growth, especially during the COVID-19 pandemic. Magellan Global Trust has disclosed its position in expanding Chinese technology company, Tencent. Magellan remains h.....
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