Today's ASX news
Sept 19 Qtr: Is The Resolute Mining (ASX:RSG) Share Price A Buy?
The Resolute Mining Ltd (ASX:RSG) share price will be on watch after it released its September 2019 quarter update.
October 7, 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 Resolute Mining Ltd (ASX:RSG) share price will be on watch after it released its September 2019 quarter update.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 1.42% on Friday.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.02% at lunch.
Woolworths Group Ltd’s (ASX:WOW) share price and profit could be hurt because of staff changes.
The Commonwealth Bank of Australia (ASX:CBA) share price could be hurt by legal action due to CommInsure’s conduct.
The Magellan Financial Group Ltd (ASX:MFG) share price could a mover today after announcing its monthly funds under management (FUM).
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 0.80% on Thursday.
The Magellan Financial Group Ltd (ASX:MFG) share price managed to rise 0.5% after making an announcement to the market.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 2.23% at lunch.
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.
