Today's ASX news
Pro Medicus (ASX:PME) Share Price Rises On New US Contract Win
The Pro Medicus (ASX:PME) share price is rising after winning a new US-based long term contract.
November 4, 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 Pro Medicus (ASX:PME) share price is rising after winning a new US-based long term contract.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up 0.97% on Friday.
Westpac (ASX:WBC) has announced its FY19 result this morning, which included a sizeable dividend cut.
Sigma (ASX:SIG) shares will be on watch today after making an announcement after the market had closed on Friday last week.
The New Hope (ASX:NHC) share price increased by 6.5% today, making it the winner of the ASX 200 (ASX: XJO).
The recovery of house prices in Melbourne and Sydney is accelerating according to CoreLogic’s Home Value Index results for October.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.12% at lunch.
The CSR (ASX:CSR) share price is down around 2% after reporting its half year result to 30 September 2019.
Bapcor (ASX:BAP) has announced it’s acquiring two truck part businesses.
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