
Why I think the Wesfarmers share price is a top ASX 200 share buy
The Wesfarmers Ltd (ASX:WES) share price has fallen in 2022. I think that’s one factor of why it’s a top buy.
This chart shows performance of the index and S&P/ASX 200 Net Total Return (INDEXASX: XNT), which includes the impact of dividends being reinvested. The three most popular indices for Australian shares are the All Ordinaries (INDEXASX: XAO), S&P/ASX 200 Net Total Return (INDEXASX: XNT), and S&P/ASX 200 (INDEXASX: XJO).
The S&P/ASX 200 Index (ASX: XJO) is an Australian stock market index, created and maintained by Standard & Poor’s (S&P). It tracks the value of the 200 largest public companies ranked by their market capitalisation, adjusted for the shares that are actually available on the market. The S&P/ASX 200 will increase if enough companies see their share prices rise, and fall when they are sold down.
If you’re studying the stock market’s return over time, don’t forget about dividends. The XJO index does NOT include dividends paid by companies. If you want a more complete picture of the performance of Australian shares, use the S&P/ASX 200 Net Total Return Index (INDEXASX: XNT) index.
The Wesfarmers Ltd (ASX:WES) share price has fallen in 2022. I think that’s one factor of why it’s a top buy.
The Suncorp Group Ltd (ASX:SUN) share price is down 4% after the ASX 200 (ASX: XJO) insurer announced its FY22 result.
The BHP Group Ltd (ASX:BHP) share price is under the microscope after trying to acquire OZ Minerals Limited (ASX:OZL).
The S&P/ASX 200 (NDEXASX:XJO) price bounced on Tuesday, with the All Ordinaries (ASX:XAO) price also overcoming RBA interest rate rises. CSL Limited (ASX:CSL) shares popped.
Australia’s latest inflation number is in. It was was 6.1%. But, strangely, collectively S&P/ASX 200 Index (ASX: XJO) shares went up. Why?
US stock markets will offer a negative lead for the S&P/ASX 200 (INDEXASX: XJO) today as all three benchmarks finished lower overnight.
The S&P/ASX 200 (INDEXASX: XJO) delivered another positive day on Tuesday despite growing recession concerns as Myer shares made headlines.
The Nanosonics Ltd (ASX:NAN) share price is in focus after the ASX healthcare share gave an update about FY22.
It looks like a good time to buy shares of one of the largest S&P/ASX 200 (ASX:XJO) mining shares at today’s Rio Tinto Limited (ASX: RIO) share price.
The Wesfarmers Ltd (ASX:WES) share price has fallen in 2022. I think that’s one factor of why it’s a top buy.
The Suncorp Group Ltd (ASX:SUN) share price is down 4% after the ASX 200 (ASX: XJO) insurer announced its FY22 result.
The BHP Group Ltd (ASX:BHP) share price is under the microscope after trying to acquire OZ Minerals Limited (ASX:OZL).
The S&P/ASX 200 (NDEXASX:XJO) price bounced on Tuesday, with the All Ordinaries (ASX:XAO) price also overcoming RBA interest rate rises. CSL Limited (ASX:CSL) shares popped.
Australia’s latest inflation number is in. It was was 6.1%. But, strangely, collectively S&P/ASX 200 Index (ASX: XJO) shares went up. Why?
US stock markets will offer a negative lead for the S&P/ASX 200 (INDEXASX: XJO) today as all three benchmarks finished lower overnight.
The S&P/ASX 200 (INDEXASX: XJO) delivered another positive day on Tuesday despite growing recession concerns as Myer shares made headlines.
The Nanosonics Ltd (ASX:NAN) share price is in focus after the ASX healthcare share gave an update about FY22.
It looks like a good time to buy shares of one of the largest S&P/ASX 200 (ASX:XJO) mining shares at today’s Rio Tinto Limited (ASX: RIO) share price.
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