Today's ASX news
Business Update Sends Afterpay (ASX:APT) Share Price Down
The Afterpay (ASX:APT) share price is down 3% after the buy now, pay later company provided a business update.
November 13, 2019
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 Afterpay (ASX:APT) share price is down 3% after the buy now, pay later company provided a business update.
The Link (ASX:LNK) share price will be under scrutiny this morning after the $3 billion company announced its entry into the UK pension market.
The Coles (ASX:COL) share price is rising after the supermarket business announced a large new deal.
In ASX sharemarket news, Incitec Pivot (ASX:IPL) has announced its 2019 full year result to investors and OFX (ASX:OFX) reported its half year result to 30 September 2019.
CBA (ASX:CBA) has reported its result for the first quarter of FY20 which showed growth.
The Bubs (ASX: BUB) share price is up around 4% after announcing expansion into Vietnam.
EML Payments (ASX:EML) has announced a capital raising to fund a $423 million acquisition based in Ireland.
Domain (ASX:DHG) has announced it’s going to make a technology acquisition.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up 0.26% on Friday.
Want to level-up your analytical skills and investing insights but don’t know where to start? Join 50,000 Australian investors on our mailing list and we’ll send you our favourite podcasts, courses, resources and investment articles every Sunday morning. Grab a coffee and let Owen and the team bring you the best insights.
