Today's ASX news
The LiveTiles (ASX:LVT) Share Price Rose 6% On Thursday, Time To Buy?
The LiveTiles Ltd (ASX:LVT) was a solid performer on Thursday, its share price increased by 6%.
July 26, 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 LiveTiles Ltd (ASX:LVT) was a solid performer on Thursday, its share price increased by 6%.
The IOOF Holdings Limited (ASX:IFL) share price has risen around 7% after it released its June 2019 Funds under Management, Advice and Administration (FUMA) update.
The Fortescue Metals Group Limited (ASX:FMG) share price has fallen more than 4% after the release of its June 2019 quarter report.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.38% at lunch.
The Pilbara Minerals Ltd (ASX:PLS) share price is currently down 2% in reaction to its June 2019 quarter report.
The ACCC has given the go ahead for the merger between AP Eagers Ltd (ASX:APE) and Automotive Holdings Group Ltd (ASX:AHG).
The Gentrack Group Ltd (ASX:GTK) share price is down 8% in early trade after downgrading its earnings guidance for FY19.
Macquarie Group Ltd (ASX:MQG) is holding its annual general meeting (AGM) today and has also updated the market about its first quarter performance.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) rose by 0.47% on Wednesday.
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