Search ASX code:
Generic filters

Search ASX code:
Generic filters

Search ASX code:
Generic filters

This year. We're going Beyond.

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.”

***

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.
***

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.”

Popular Stories:

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.

Is BNPL the opportunity of a lifetime or is the sector a ticking time bomb?

Rask's analyst has just finished a 7,500-word report, The Ultimate BNPL Sector Report, taking a deep dive into this booming ASX sector. It shines a spotlight on each of the major players. You can get the full analyst report for FREE by CLICKING HERE NOW or entering your email below.

Note: the report is 100% free.

Unsubscribe anytime. Read our TermsFinancial Services GuidePrivacy Policy. We’ll never sell your email address. Our company is Australian owned.

Is BNPL the opportunity of a lifetime or is the sector a ticking time bomb?

Rask's analyst has just finished a 7,500-word report, The Ultimate BNPL Sector Report, taking a deep dive into this booming ASX sector. It shines a spotlight on each of the major players. You can get the full analyst report for FREE by CLICKING HERE NOW.

Note: the report is 100% free.

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.

Keep reading:

Rask Media’s Ultimate BNPL Sector Report

Afterpay, Zip, Sezzle… is this the opportunity of a lifetime? Or is BNPL a ticking time bomb? This 7,500-word analyst report takes a deep dive into the BNPL sector and shines a spotlight on each of the major players in this booming market. 

Unsubscribe anytime. Read our TermsFinancial Services GuidePrivacy Policy. We’ll never sell your email address. Our company is Australian owned.

As we emerge from COVID-19, some tech companies are growing faster than ever. Rask’s investment analysts have identified 3 growth stocks set to benefit. Big time.

Enter your email below to access this report for free, including the names, ticker codes and analysis.

Unsubscribe anytime. Read our TermsFinancial Services GuidePrivacy Policy. We’ll never sell your email address. Our company is Australian owned.