Today's ASX news
ALL ORDINARIES Index (XAO) Up, Galaxy (ASX:GXY) Share Price Rises
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.11% at lunch.
July 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 up 0.11% at lunch.
The Hub24 Ltd (ASX:HUB) share price is up 4.3% in reaction to its release of its June 2019 update.
The Galaxy Resources Limited (ASX:GXY) share price is up more than 3% after reporting its June quarter numbers.
Rio Tinto Ltd (ASX:RIO) has released its second quarter report to the ASX, is the share price a buy?
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) rose by 0.02% on Monday.
The Praemium Ltd (ASX:PPS) share price has risen by 11.25% today after releasing its June 2019 quarter figures.
The BWX Ltd (ASX:BWX) share price went up 15% today in reaction to news that the company released after the market had shut on Friday last week.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.56% at lunch.
Elders Ltd (ASX:ELD) shares have gone into a trading halt after announcing an acquisition.
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.
Here you go: A $50,000 per year passive income special report
Join more 50,000 Australian investors who read our weekly investing newsletter and we’ll send you our passive income investing report right now.
Simply enter your email address and we’ll send it to you. No tricks. Unsubscribe anytime.
Unsubscribe anytime. Read our Terms, Financial Services Guide, Privacy Policy. We’ll never sell your email address. Our company is Australian owned.