Today's ASX news
Is This A Sign That House Prices Are Going To Keep Going Down?
Property business Stockland Corporation Ltd (ASX:SGP) has revealed some worrying developments in the property world.
June 14, 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.
Property business Stockland Corporation Ltd (ASX:SGP) has revealed some worrying developments in the property world.
Coles Group Limited (ASX:COL) is cutting head office jobs in an effort to boost profit and the share price.
The Appen Ltd (ASX:APX) share price dropped 7% today as investors worried about a share sale by management.
The Carsales.Com Ltd (ASX:CAR) share price is up slightly after the company provided FY19 guidance.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.03% at lunch.
The Commonwealth Bank of Australia (ASX:CBA) share price is up 0.35%, perhaps in response to some news.
The Afterpay Touch Group Ltd (ASX:APT) share price is down 6% after providing an update about the AUSTRAC issues.
Wesfarmers Ltd (ASX:WES) has released a trading update for the Kmart Group, is it a buy?
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) fell by 0.20% on Wednesday.
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