Search by ticker code:
Generic filters

Search by ticker code:
Generic filters

Search by ticker code:
Generic filters

ASX 200 To Open Lower, 3 ASX Shares To Watch

The ASX 200 (INDEXASX: XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went down 0.46% on Wednesday.

Australian Dollar ($A) (AUDUSD): 70.86US cents

Dow Jones (DJI): down 0.13%

Oil (WTI): $US59.40 per barrel

Gold: $US1,310 per ounce

ASX Sharemarket News

In ASX sharemarket news, Amcor Limited (ASX: AMC) has announced that the registration statement on Form S-4 has been declared effective by the Securities and Exchange Commission to acquire Bemis.

As a reminder, Bemis operates 57 packaging plants in 12 countries but it is predominately based in the United States. It provides packaging for food, healthcare and consumer goods sectors, including foil lids for yoghurt pots, flexible plastic pouches for sauces and soups, and printed plastic wrappers for cheese.

Bemis shareholders will be voting on the proposed transaction on 2 May 2019 in Chicago.

[ls_content_block id=”15758″ para=”paragraphs”]

Pact Group Holdings Ltd (ASX: PGH) has appointed a new managing director and CEO.

Mr Sanjay Dayal is the choice, where he was previously the Chief Executive of Building Products, Corporate Strategy and Innovation at BlueScope Steel Limited (ASX: BSL).

Pact Chairman Raphael Geminder said: “Importantly for Pact, he has led and managed complex major integration and restructuring initiatives. His background will be invaluable as we execute the optimisation of our network and continue to drive value from the integration of our recent acquisitions.”

Popular Stories:

Air New Zealand Limited (ASX: AIZ) has announced a number of initiatives to maximise and diversify the revenue.

The airline business is planning for network growth of 3% to 5% on average over the next three years, which means it has been revised down from 5% to 7% to reflect a slower demand growth environment.

However, Air New Zealand will be launching direct flights between Auckland and Seoul from November 2019 and increasing the frequency of flights between Auckland & Taipei and Auckland & Chicago.

[ls_content_block id=”14945″ para=”paragraphs”]

[ls_content_block id=”18380″ para=”paragraphs”]

$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