Today's ASX news
ALL ORDINARIES Index (XAO) Down, Bellamy’s (ASX:BAL) Share Price Skyrockets
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.04% at lunch.
September 16, 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 down 0.04% at lunch.
The Bellamy’s Australia Ltd (ASX:BAL) share price is going bonkers, trading a huge 55% higher today following a takeover offer announced this morning.
The iSignthis Ltd (ASX:ISX) share price has risen 11% in early reaction to the fintech’s patent win.
The Sims Metal Management Ltd (ASX:SGM) share price may be sent to the scrapheap today after a disappointing trading update was released.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) fell by 0.07% on Friday.
The oil price could soar this week after events in the Middle East, which could send the share prices of Santos Ltd (ASX:STO) and Beach Energy Ltd (ASX:BPT) soaring.
We’re already almost halfway through September 2019, so with reporting season finished it could be a good time to buy shares of ASX mid-caps.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.28% at lunch.
The iSignthis Ltd (ASX:ISX) share price is rocketing this morning, it’s up 18% in early trading.
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