Search by ticker code:
Generic filters

Search by ticker code:
Generic filters

Search by ticker code:
Generic filters

S&P/ASX 200 Tipped To Open Higher

The Australian share market or S&P/ASX 200 (INDEXASX: XJO)(ASX: XJO) index is tipped to open slightly higher Friday morning, according to the Sydney Futures Exchange.

Here’s what you need to know:

SFE ASX 200 futures: +14

Australian Dollar ($A) (AUDUSD): 77.86 US cents

Dow Jones (DJI): up 0.4%

Oil (WTI): $US60.32 per barrel

Gold: $US1,322 per ounce

Overnight, London-listed shares of BHP Billiton Limited (ASX: BHP) and Rio Tinto Limited (ASX: RIO) closed down 2.8% and 1.3%, respectively.

Australian Investing News

Making news in Australia and in the ASX 200, S&P Dow Jones Indices released their quarterly rebalance today. S&P Dow Jones is the company which selects Australian companies to be included in our major stockmarket benchmarks, like the S&P/ASX 200.

Here’s an educational video explaining the ASX 200 index:

In the ASX’s top 20, South32 Ltd (ASX: S32) was added in place of QBE Insurance Ltd (ASX: QBE). In the ASX 200, Bellamy’s Australia Ltd (ASX: BAL) was among those added while Myer Holdings Limited (ASX: MYR) dropped out.

Yesterday evening, hotels business Mantra Group Ltd (ASX: MTR) said it was pleased with the ACCC’s decision to progress with its proposed takeover offer from Accor S.A., which will now be subject to a shareholder vote in May 2018.

Japara Healthcare Ltd (ASX: JHC), the aged care facility owner, released an updated revenue and profit guidance to the market. Japara announced that following a Federal Court finding it will refund all of its “Capital Refurbishment Deductions” plus interest, to its residents.

“Revenue derived from its CRDs totalled $1.84 million in the 8 months to 28 February 2018 and totalled $2.82 million in prior financial years,” Japara said in its ASX announcement. After the refund, Japara expects operating profit to be between 14% and 19% lower than its 2017 result.

Finally, Fortescue Metals Group Ltd (ASX: FMG) announced that some of its debt holders have accepted its offer to purchase back around $US447 million of its debt.

Join Rask’s Investor Club Newsletter Today

You can join Rask’s FREE investor’s club newsletter today for all of the latest news and education on investing. Join today – it doesn’t cost a thing. BUT, you’ll need a good sense of humour and a willingness to learn.

Join today.

 

Disclaimer: This article contains general information only. It is no substitute for licensed financial advice and should not be relied upon. By using our website you agree to our Disclaimer & Terms of Use and Privacy Policy.

$50,000 per year in passive income from shares? Yes, please!

With interest rates UP, now could be one of the best times to start earning passive income from a portfolio. Imagine earning 4%, 5% — or more — in dividend passive income from the best shares, LICs, or ETFs… it’s like magic.

So how do the best investors do it?

Chief Investment Officer Owen Rask has just released his brand new passive income report. Owen has outlined 10 of his favourite ETFs and shares to watch, his rules for passive income investing, why he would buy ETFs before LICs and more.

You can INSTANTLY access Owen’s report for FREE by CLICKING HERE NOW and creating a 100% FREE Rask Account.

(Psst. By creating a free Rask account, you’ll also get access to 15+ online courses, 1,000+ podcasts, invites to events, a weekly value investing newsletter and more!)

Unsubscribe anytime. Read our TermsFinancial Services GuidePrivacy Policy. We’ll never sell your email address. Our company is Australian owned.

Information warning: The information on this website is published by The Rask Group Pty Ltd (ABN: 36 622 810 995) is limited to factual information or (at most) general financial advice only. That means, the information and advice does not take into account your objectives, financial situation or needs. It is not specific to you, your needs, goals or objectives. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. Please read our Terms and Conditions and Financial Services Guide before using this website. The Rask Group Pty Ltd is a Corporate Authorised Representative (#1280930) of AFSL #383169.

Skip to content