Today's ASX news
ALL ORDINARIES Index (XAO) Up, Westpac (ASX:WBC) Share Price Down
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.35% at lunch.
July 11, 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 0.35% at lunch.
New APRA requirements has sent the Westpac Banking Corp (ASX:WBC) share price lower.
There is a strong possibility that the US Federal Reserve may decide to cut interest rates this month or next month.
The share price of Netwealth Group Ltd (ASX:NWL) will be on watch today after revealing it had a record year in FY19.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 0.45% on Wednesday.
Monash IVF Group Ltd (ASX:MVF) has announced an acquisition to the market to grow its profit.
Evolution Mining Limited (ASX:EVN) released its FY19 operating results and FY20 guidance today.
The A2 Milk Company Ltd (ASX:A2M) share price went up 8% today as shareholders got a boost.
National Australia Bank Ltd (ASX:NAB) is has more legal problems as it faces a class action.
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