Today's ASX news
ASX 200 To Open Higher, 3 ASX Shares To Watch
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went down by 0.58% on Friday.
May 20, 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 ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went down by 0.58% on Friday.
The polls had been saying for months that Labor would win the Federal Election, but the surprise result could see investors respond on the ASX today.
Xero Limited (ASX:XRO) positively surprised investors this week after reporting its full year result to 31 March 2019, here were three things I liked.
The Virgin Australia Holdings Limited (ASX:VAH) share price dropped over 5% today after it announced a drop in expected underlying earnings compared to FY18.
The Australia and New Zealand Banking Group (ASX:ANZ) share price has fallen nearly 3% because of action taken by the Reserve Bank of New Zealand (RBNZ).
Payments business Splitit Ltd (ASX:SPT) might excite investors again with a plan to accelerate growth.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.83% at lunch.
With the RBA expected to decrease the Australian interest rate because of Australia’s rising unemployment rate, it could be a good time to find ASX dividend shares.
The Citadel Group Ltd (ASX:CGL) share price has crashed 35% in early trade after giving a trading update.
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