Site menu

Search by ticker code:
Generic filters

Menu

Search by ticker code:
Generic filters

Search by ticker code:
Generic filters

ASX 200 (XJO) To Open Higher, 3 ASX Shares To Watch

The ASX 200 (INDEXASX: XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 0.64% on Thursday.

Australian Dollar ($A) (AUDUSD): 67.60US cents

Dow Jones (DJI): up 0.57%

Oil (WTI): $US53.88 per barrel

Gold: $US1,493 per ounce

ASX Sharemarket News

In ASX sharemarket news, SKY Network Television Limited (ASX: SKT) has announced its exclusive broadcast deal with the international Cricket Council (ICC) to show key international cricket events to Kiwi sport fans for the next four years.

The deal extends until the 2023 ICC Men’s Cricket World Cup in India and includes both men’s and women’s ICC Tournaments.

Sky is about to broadcast 24 matches from the ICC Men’s Twenty20 World Cup Qualifiers including both semi-finals and the final, starting next week.

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

Michael Hill International Ltd (ASX: MHJ) has announced its first quarter trading update for September 2019.

The jewellery retailer reported positive sales momentum in the first three months of FY20 with group same store sales growth of 11.9%. In Canada same store sales growth was 16.4%, in New Zealand growth was 10.1% and in Australia growth was 6.8%.

However, Michael Hill’s gross profit margin compression has continued. It was slightly better than the last quarter, but it hasn’t recovered to historic levels.

But online sales growth has been strong. Website sales were up 18.9%, and excluding the wind-down of Emma & Roe, website sales growth was up 39.4% against the first quarter of last year.

AMP Limited (ASX: AMP) has been in the news because it’s going to merge its banking and wealth management units.

One of the few remaining executives from the pre-Royal Commission era will also be leaving as the shift towards a more sustainable future continues for the embattled financial business.

[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