The S&P/ASX 200 (INDEXASX: XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went down 0.65% on Wednesday.

Australian Dollar ($A) (AUDUSD): 70.31US cents

Dow Jones (DJI): down 0.52%

Oil (WTI): $US56.19 per barrel

Gold: $US1,287 per ounce

ASX Sharemarket News

In ASX sharemarket news, resource giant Santos Ltd (ASX: STO) announced that it has priced a US$600 million 10-year bond which will be used to refinance the US$500 million bridge facility used to part-fund the Quadrant Energy acquisition and for general corporate purposes.

The bonds have been priced at a fixed rate of 5.25% for a period of 10 years maturing in March 2029. The book was five times oversubscribed and received strong support from a mix of global asset managers and insurance companies from Asia, Australia and Europe.

Santos CEO Kevin Gallagher said: “This is an excellent result for Santos, showing strong support from the capital markets and demonstrating our balance sheet is set up to support our growth strategy.”


Expert Interview: Magellan's Hamish Douglass

Hamish Douglass is one of Australia's top investors and founders, having co-founded Magellan - a near $9 billion business! Listen now on iTunes, SoundcloudCastbox, YouTube or Spotify.


Engineering business Cimic Group Ltd (ASX: CIM) announced that one of its subsidiaries, Thiess, has secured a $172 million contract extension from Bayan Resources to expand operations at Melak in East Kalimantan, Indonesia.

Thiess will increase coal production and overburden removal and continue to provide additional mining services, including drill and blast, and coal loading to the barge facility.

Cimic CEO Michael Wright said: “It’s great to see our team in Indonesia continue to drive operational solutions and value for our clients to meet their production and expansion needs.”

Popular Stories:

RAIZ Invest Ltd (ASX: RZI), a finance app business that was formerly called Acorns, has announced it is expanding into Southeast Asia by launching into Indonesia.

Raiz CEO George Lucas said: “We believe that just like in Australia, Raiz will be a game changer for how people invest. Raiz Invest will be the innovative solution for anyone who wants to start investing, but has never really taken the first step.”

NEW! Our #1 ASX ETF of 2019

Exchange-Traded Funds (ETFs) are changing the world of investing. But with so many on the ASX, it's hard to know which ETF will be a top performer in 2019.

Every financial Tom, Dick and Harry seems to 'launching' (read: flogging) an ETF to investors. In our humble opinion, most of them could be a waste of time - and money. Worse, many of them could fail!

Here's the best part: we're willing to release the name and ASX ticker code of the ETF we've identified as our #1 for 2019.

Just click here now to access our free "#1 ETF of 2019" report. No credit card details or payment required.

Disclaimer: Any information contained in this article is limited to general financial/investment advice only. The information has not taken into account your specific needs, goals or objectives, so please consider consulting a licenced and trusted adviser before acting on the information. Please read The Rask Group’s Financial Services Guide (FSG) for more information. This article is authorised by Owen Raszkiewicz of The Rask Group, which is a corporate authorised representative No. 1264179 of Strawman Pty Ltd (ACN: 610 908 211) (AFSL: 501 223).