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) went down by 0.30% on Thursday.

Australian Dollar ($A) (AUDUSD): 68.93US cents

Dow Jones (DJI): down 0.52%

Oil (WTI): $US54.18 per barrel

Gold: $US1,513 per ounce

ASX Sharemarket News

In ASX sharemarket news, Macquarie (ASX: MQG) has reported its half year result for the six months to 30 September 2019.

Macquarie’s net profit increased by 11% to $1.46 billion. ‘Annuity style’ activities increased by 15% and ‘market facing activities’ grew by 4%.

Assets under management (AUM) grew by 2% compared to the March 2019 result to $563.4 billion.

Macquarie grew its interim dividend by 16% to $2.50 per share.

The Managing Director and CEO of Macquarie, Shemara Wikramanayake said: “Our first half result highlights the benefits of the business and geographic diversity of the Group, with increased client activity across many of our business lines and favourable market conditions across the Commodities and Global Markets platform in particular.”

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Orica (ASX: ORI) has reported its full year result for the year to 30 September 2019.

Statutory profit was $245 million, up from a loss of $48 million last year. Underlying profit increased by 15% to $372 million.

Orica’s Board declared a final dividend of 33 cents per share, bringing the full year dividend to 55 cents per share.

Orica Managing Director Alberto Calderon said: “Orica’s manufacturing and cost performance is improving across the board. Volumes are growing and our market-leading technology solutions are gaining traction with customers.”

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New Hope (ASX: NHC) has entered a trading halt so that all investors get the same information about the Queensland Court of Appeal’s decision about the recommendation to refuse the applications for mining leases and amended environmental authority for the New Acland Stage 3 project.

At the time of publishing, Jaz does not have a financial interest in any of the companies mentioned.

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