Today's ASX news
ALL ORDINARIES Down, NAB (ASX:NAB) Share Price Falls
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.18% at lunch.
April 29, 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 0.18% at lunch.
The Freelancer Ltd (ASX:FLN) share price is up more than 7% in early trade after delivering its March 2019 quarter report.
Coles Group Limited (ASX:COL) has announced its sales for the March 2019 quarter.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went up by 0.47% on Friday.
The AP Eagers Ltd (ASX:APE) share price is up more than 1% in reaction to its ASX announcement today.
The Flight Centre Travel Group Ltd (ASX:FLT) share price is down 11% in response to the company’s disappointing update earlier in the day.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.09% at lunch.
The IOOF Holdings Limited (ASX:IFL) share price has fallen 1.5% after the financial services business announced the latest on its dealings with APRA.
I think TPG Telecom Ltd (ASX:TPM) is a better telco pick than Telstra Corporation Ltd (ASX:TLS).
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