Today's ASX news
ALL ORDINARIES Index (XAO) Rises, Pro Medicus (ASX:PME) Share Price Rises
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.38% at lunch.
August 22, 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.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.38% at lunch.
The Pro Medicus Limited (ASX:PME) share price has gone nuts, it’s up over 13% in response to the release of its FY19 report.
The Coles Group Limited (ASX:COL) share price is up around 4% as the market consumes the FY19 report numbers.
The Zip Co Ltd (ASX:Z1P) share price has risen in early trade in reaction to the release of its FY19 report.
Could it be time to buy Qantas Airways Limited (ASX:QAN) shares after the airline released its FY19 result?
The Webjet Limited (ASX:WEB) share price will be under watch this morning after handing in its FY19 result.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 0.82% on Wednesday.
The EML Payments Ltd (ASX:EML) share price went bananas on Wednesday, it jumped 10.3% in reaction to the FY19 result.
Insurance business Steadfast Group Ltd (ASX:SDF) went into a trading halt as it released its FY19 report to investors.
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