Search by ticker code:
Generic filters

Search by ticker code:
Generic filters

Search by ticker code:
Generic filters

ASX 200 (XJO) 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) rose by 0.46% on Friday.

Australian Dollar ($A) (AUDUSD): 70.21US cents

Dow Jones (DJI): up 0.90%

Oil (WTI): $US60.29 per barrel

Gold: $US1,418 per ounce

ASX Sharemarket News

In ASX sharemarket news, Integrated Research Limited (ASX: IRI) has released some profit guidance for FY19.

The company is still in the early stages of preparing its FY19 report, but based on the internal management accounts the company expects to report record revenue in a range of $100 million to $101.5 million which would represent growth of 10% to 12%.

Net profit after tax (NPAT) is expected to be in the range of $21.2 million to $22 million, which would be growth of 10% to 15%.

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

AMP Limited (ASX: AMP) has announced that the sale of its AMP Life business (which is the Australian and New Zealand wealth protection and mature businesses) to Resolution is “highly unlikely” to proceed on the current terms due to the challenges in meeting the condition precedent for Reserve Bank of New Zealand (RBNZ) approval.

RBNZ said it would not consider Resolution Life’s change of application unless it agreed to have separate, ringfenced assets held in New Zealand for the benefit of New Zealand policyholders, which is apparently inconsistent with the current branch structure.

Due to the fact the sale isn’t likely to go ahead, the AMP Board expect an interim dividend won’t be paid for the first half result.

Popular Stories:

Fintech company Praemium Ltd (ASX: PPS) has revealed its June 2019 quarterly update.

Praemium revealed that it achieved record quarterly gross inflows across Australia and International of $903 million. Platform funds under administration (FUA) reached $$9.53 billion with $405 million of net inflows and market movements of $244 million.

[ls_content_block id=”14947″ 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