Challenger Ltd (ASX:CGF)
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Challenger Ltd (ASX: CGF) is Australia’s largest provider of ‘annuities’, which are financial products typically sold to retirees who seek reliable income. Challenger was established in the mid-80’s and listed on the ASX in 1987. In 2018, Challenger managed more than $90 billion between its investment portfolio, which is the sum of the money invested by retirees who buy annuities, and its fund management business.
Challenger Ltd (ASX:CGF) share price
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Challenger Ltd (ASX:CGF) share price news
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Challenger Ltd (CGF) Shares Are Still A Sell
Challenger Ltd (ASX:CGF) shares could be a mixed bag today when markets open following the release of its 2019 half-year report.
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Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX: XAO), is currently up 0.17% at lunch.
The Challenger (ASX:CGF) Share Price Is Down Another 3%
The Challenger Ltd (ASX:CGF) share price is down another 3.4% this morning after the 17% fall yesterday due to a profit warnings.
S&P/ASX 200 To Open Flat, 3 ASX Shares To Watch
The S&P/ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open flat today, the USA’s S&P 500 Index (.INX) went up 0.05% on Wednesday.
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