Category: News

Dion Hershan, Head of Australian Equities, looks at why local investors might be inclined to ‘stay local’ in the year ahead. 

Australian video game company PlaySide studios is poised to become one of the largest independent games studios on the ASX after confirming earlier rumours of an IPO. The company brought in revenues of $7.7 million through 2020 – marking an increase of 56% on the previous financial year – and recorded a 30% boost in daily active users.

As the world emerges from a global pandemic which forced millions to work from their homes, businesses are looking for opportunities to improve their operations through new technology. And global professional services firm KPMG warn these decisions are no longer just about becoming faster, better, or cheaper, but will dictate which businesses survive into the future.

Uranium-exposed stocks have received a boost this week following news the US will construct a national strategic reserve of the yellow metal in 2021.

In just five short decades the video game industry has grown from a handful of coin-operated titles to become one of the most profitable entertainment sectors worldwide.The sector’s value is expected to hit $165 billion in 2020, a far-cry from its humble beginnings with early coin-operated games like 1971’s Galaxy Game, produced by Stanford graduate Bill Pitts and his high-school friend Hugh Tuck.

Gold prices rose after US Congress inched closer to delivering long-awaited fiscal stimulus for its COVID-ravaged economy, dragging down the dollar.

Big data has been described as the “oil of the 21st century”, powering business decisions in an increasingly digital world. A global pandemic forcing millions worldwide to work from their homes has only served to accelerate the shift into cyberspace – making data even more prevalent and powerful.

It may not be surprising news to learn Trading Game winner Jack Golding, of Victoria, has been interested in the happenings of the sharemarket since he was a teenager. Practice, as we’re so often reminded, makes perfect.

Consumers have increasingly opted to shop online as the global coronavirus pandemic makes in-store shopping more dangerous – and in some cases, illegal. In Australia, online shopping grew by 75.8 percent in the first six months of the pandemic – putting immense strain on the postal service to deliver an unprecedented volume of packages, leading to delays in delivery times.

The latest ASX Options Trading Game has come to an end with Victorian player Jack Golding managing to take the top spot.

The Indonesian government has indicated a new smelter could be built in the country in coming years as the country continues to throw its support behind the local mining sector.

Confidence in markets is beginning to return as news that three experimental COVID-19 vaccines could be administered to the global population from early next year. This vaccine optimism has already underpinned a sizeable rally on Australia’s leading ASX 200 index, which recorded its best November in 32 years this year.