Zip (ASX:Z1P) share price and other ASX tech stocks sink
The Zip Co Ltd (ASX: Z1P) share price is down
7 Aug 2020 | ||
Price | $39.30 |
7 Aug 2020 |
7 Aug 2020 |
The S&P/ASX 200 Index (INDEXASX: 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.
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 Zip Co Ltd (ASX: Z1P) share price is down
The ASX 200 (ASX:XJO) is set to open lower following another weak session for US tech stocks overnight. Challenger (ASX:CGF) and AMP (ASX:AMP) shares are in the news.
The ASX 200 (ASX: XJO) is tipped to open slightly higher on Wednesday with the Sydney Futures Exchange pointing a modest rise at the start of trading.
The S&P/ASX 200 (INDEXASX:XJO) is set to push higher when the market opens on Tuesday. Commonwealth Bank (ASX:CBA) and Tyro (ASX:TYR) shares are making headlines.
The S&P/ASX 200 (INDEXASX:XJO) is set to open higher on Monday. Kogan.com Ltd (ASX:KGN), AMP Ltd (ASX:AMP) and Orica Ltd (ASX:ORI) shares are in the news.
The S&P/ASX 200 (INDEXASX:XJO) is expected to tumble when the market opens on Friday. BNPL rivals Zip (ASX:Z1P) and Afterpay (ASX:APT) shares are in the news.
The S&P/ASX 200 (INDEXASX:XJO) is expected to push higher when the market opens on Thursday. Woolworths (ASX:WOW) and Platinum (ASX:PTM) shares are in the news.
The S&P/ASX 200 (INDEXASX:XJO) is heading for another negative open this morning. SEEK (ASX:SEK), AdBri (ASX:ABC) and Tesla (NASDAQ:TSLA) shares are in the news.
The share prices of Afterpay Ltd (ASX:APT) and Zip Co Ltd (ASX:Z1P) are down 8% and 7% respectively. Is it time to panic?
The Zip Co Ltd (ASX: Z1P) share price is down
The ASX 200 (ASX:XJO) is set to open lower following another weak session for US tech stocks overnight. Challenger (ASX:CGF) and AMP (ASX:AMP) shares are in the news.
The ASX 200 (ASX: XJO) is tipped to open slightly higher on Wednesday with the Sydney Futures Exchange pointing a modest rise at the start of trading.
The S&P/ASX 200 (INDEXASX:XJO) is set to push higher when the market opens on Tuesday. Commonwealth Bank (ASX:CBA) and Tyro (ASX:TYR) shares are making headlines.
The S&P/ASX 200 (INDEXASX:XJO) is set to open higher on Monday. Kogan.com Ltd (ASX:KGN), AMP Ltd (ASX:AMP) and Orica Ltd (ASX:ORI) shares are in the news.
The S&P/ASX 200 (INDEXASX:XJO) is expected to tumble when the market opens on Friday. BNPL rivals Zip (ASX:Z1P) and Afterpay (ASX:APT) shares are in the news.
The S&P/ASX 200 (INDEXASX:XJO) is expected to push higher when the market opens on Thursday. Woolworths (ASX:WOW) and Platinum (ASX:PTM) shares are in the news.
The S&P/ASX 200 (INDEXASX:XJO) is heading for another negative open this morning. SEEK (ASX:SEK), AdBri (ASX:ABC) and Tesla (NASDAQ:TSLA) shares are in the news.
The share prices of Afterpay Ltd (ASX:APT) and Zip Co Ltd (ASX:Z1P) are down 8% and 7% respectively. Is it time to panic?
The information on this website is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) and Target Market Determination before making a decision to acquire any financial product. 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. Please read our Terms & Conditions and Financial Services Guide before using this website.
“Rask Invest” is considered a financial product and has a Product Disclosure Statement (PDS) and Target Market Determination (TMD), issued by InvestSMART. These documents can be accessed on the Rask Invest website. Please seek professional advice before making any investment decision with respect to Rask Invest.
© Rask Australia 2024