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S&P/ASX 200 To Open Lower, 3 ASX Shares To Watch

The S&P/ASX 200 (INDEXASX: XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went up 0.30% on Tuesday.

Australian Dollar ($A) (AUDUSD): 70.79US cents

Dow Jones (DJI): down 0.38%

Oil (WTI): $US57.09 per barrel

Gold: $US1,301 per ounce

ASX Sharemarket News

In ASX sharemarket news, packaging giant Amcor Limited (ASX: AMC) has just announced important progress towards transaction close of its acquisition of Bemis.

The global packaging business said that Amcor and Bemis have filed important shareholder documentation and finalised Board of Director and senior leadership positions.

Amcor CEO Ron Delia said: “As we approach the closing of the transaction, the opportunities to further strengthen our industry leading value proposition for customers, employees and the environment and to create value for shareholders are even clearer.”

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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.
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GPT Group (ASX: GPT), a real estate investment trust (REIT), has announced it is selling its 50% share of the MLC Centre for $800 million. This is a 3% premium to the book value at December 2018 and it has achieved annualised returns per year of more than 20% over the past three years.

GPT CEO Bob Johnston said: “The sale capitalises on the significant repositioning of the asset over the past five years. The proceeds from the sale will be reinvested primarily into our development pipeline, which we believe will generate better long term returns for investors.”

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Listed investment company (LIC) Naos Emerging Opportunities Company Ltd (ASX: NCC), led by Sebastian Evans,  has announced its performance for February 2019. Its portfolio rose by nearly 5%.

Naos named Enero Group Ltd (ASX: EGG), CML Group Ltd (ASX: CGR) and BSA Limited (ASX: BSA) as positive contributors for the month.

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Are you stuck wondering where to invest right now? Have you got cash 'sitting on the sidelines'? Are you looking for dividend income AND growth but don't know where to start? Rask's expert ASX analyst team has just released a full report, detailing where we'd invest $10,000 right now.

Not only are we offering these 11 investment ideas completely FREE, we've also released an in-depth podcast to go with the report!

So, whether you have $2,000 or $50,000, our brand new analyst report could help transform your watchlist. Right now, you can get the full analyst report emailed to you for FREE by CLICKING HERE NOW.

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Rask Analyst’s $10,000 Hypothetical Portfolio 

Rask Australia’s expert analysts have just released 11 stock & ETF positions they’d buy right now as part of a $10,000 hypothetical portfolio. 

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