Today's ASX news
All Ordinaries Rises, CBA (ASX:CBA) Shares Fall
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.31% at lunch.
February 6, 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 0.31% at lunch.
The Viva Energy Group Ltd (ASX:VEA) share price is currently 13% higher after announcing a new deal with Coles Group Limited (ASX:COL).
The Nick Scali Limited (ASX:NCK) share price has risen 11% in early trading after reporting its half year result to 31 December 2018.
Is the BWP Trust (ASX:BWP) a buy for income after reporting its interim result to 31 December 2018?
The S&P/ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up 0.47% on Tuesday.
Commonwealth Bank of Australia (ASX:CBA) has reported its half year result to 31 December 2018, is the CBA share price a buy?
The National Australia Bank Ltd (ASX:NAB) share price has risen close to 4% today as investors reacted to the report from the Royal Commission.
The Australia and New Zealand Banking Group (ASX:ANZ) share price is up around 7% today after the release of the Royal Commission Report.
The Mortgage Choice Limited (ASX:MOC) share price is currently down 26%, is it now cheap?
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