Search ASX code:
Generic filters

S&P/ASX 200 Pre-Market News

Futures contracts for the S&P/ASX 200 (INDEXASX: XJO)(ASX: XJO) index are pointing to a negative open on Wednesday morning with Telstra Corporation Ltd (ASX: TLS) and Gentrack Group Ltd (ASX: GTK) in the news.

Here’s the key headline data:

Australian Dollar ($A) (AUDUSD): 75.06 US cents

Dow Jones (DJI): down 1.6%

Oil (WTI): $US67 per barrel

Gold: $US1,299 per ounce

Australian Investing News

Making news in Australia, telecommunications heavyweight Telstra Corporation Ltd (ASX: TLS) released the offering documents for its EUR15 billion debt issuance program.

The offering announcement comes after Telstra was downgraded by credit rating agency Standard & Poor’s because its position as the leader in the Australian communications space had “diminished”. S&P lowered Telstra’s long-term debt rating from A to A-minus.

While S&P said the outlook was stable, a worse credit rating makes sourcing debt capital more expensive.

Further down the ASX and Kiwi airport and energy software developer Gentrack Group Ltd (ASX: GTK) released its half-year financial results to the market. Revenue was up 80% to $52 million, Gentrack reported, with a net profit of $8.4 million, up 50% on the prior corresponding period of 2017.

Claim A Free Investing eBook

The news is good. But if you like investing and want to learn more you should know it’s free to join The Rask Group’s Investor Club Newsletter and receive a free Australian investing ebook! Join today, claim your free ebook, and get ready to laugh and learn.

Click here to join The Rask Group’s Investor Club Newsletter Today

Afterpay, Zip Co, Sezzle…

Is BNPL the opportunity of a lifetime or is the sector a ticking time bomb?

Rask's analyst has just finished a 7,500-word report, The Ultimate BNPL Sector Report, taking a deep dive into this booming ASX sector. It shines a spotlight on each of the major players. You can get the full analyst report for FREE by CLICKING HERE NOW or entering your email below.

Note: the report is 100% free.

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

Afterpay, Zip Co, Sezzle…

Is BNPL the opportunity of a lifetime or is the sector a ticking time bomb?

Rask's analyst has just finished a 7,500-word report, The Ultimate BNPL Sector Report, taking a deep dive into this booming ASX sector. It shines a spotlight on each of the major players. You can get the full analyst report for FREE by CLICKING HERE NOW.

Note: the report is 100% free.

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.

Keep reading:

Rask Media’s Ultimate BNPL Sector Report

Afterpay, Zip, Sezzle… is this the opportunity of a lifetime? Or is BNPL a ticking time bomb? This 7,500-word analyst report takes a deep dive into the BNPL sector and shines a spotlight on each of the major players in this booming market. 

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

As we emerge from COVID-19, some tech companies are growing faster than ever. Rask’s investment analysts have identified 3 growth stocks set to benefit. Big time.

Enter your email below to access this report for free, including the names, ticker codes and analysis.

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