Editor's picks
Why the Rio Tinto (ASX:RIO) share price sank 5% on Friday
The Rio Tinto Limited (ASX:RIO) share price dropped by 5% on Friday as the iron ore price continued its dramatic fall.
September 18, 2021
Big money is not in the buying or selling, but in the waiting.
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.
The Rio Tinto Limited (ASX:RIO) share price dropped by 5% on Friday as the iron ore price continued its dramatic fall.
Australia and New Zealand banking Group Ltd (ASX:ANZ) is exiting its share investing platform in a deal with CMC Markets PLC (LON:CMCX).
The Air New Zealand Limited (ASX:AIZ) share price is down after it released updates on the financial impact of COVID.
The Fortescue Metals Group Limited (ASX:FMG) share price has sunk 8% in early trading and it’s down by 26% over the last month.
The Myer Holdings Ltd (ASX:MYR) share price is currently up by more than 12% after the department store retailer announced its FY21 result.
The Domain Holdings Australia Ltd (ASX:DHG) share price is one to watch after it announced an acquisition.
The BHP Group Ltd (ASX:BHP) share price could continue to do well for many years as it expands with different resources.
The Pilbara Minerals Ltd (ASX:PLS) share price is up 8% today. There is a very good reason why the ASX lithium share is charging higher.
Doctor Care Anywhere PLC (ASX:DOC) has expanded its digital health offerings into the Republic of Ireland.
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