ASX share Ideas
ASX 200 Sent Into Negative Territory By Rising Unemployment Rate
The ASX 200 (ASX:XJO) index has been sent into negative territory with the release of the latest job numbers.
April 18, 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.
The ASX 200 (ASX:XJO) index has been sent into negative territory with the release of the latest job numbers.
The Kogan.Com Ltd (ASX:KGN) share price has risen around 15% in reaction to the latest business update.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.03% at lunch.
The Bubs Australia Ltd (ASX:BUB) share price has jumped over 6% this morning in response to a key partnership it has made.
The Galaxy Resources Limited (ASX:GXY) share price has declined 13% in early trade after making two market announcements.
I think the Sydney Airport Holdings Pty Ltd (ASX:SYD) share price could be too high after it released its passenger numbers for March 2019.
The National Australia Bank Ltd (ASX:NAB) share price might take a dive today after investors learned of more Royal Commission costs.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went down by 0.23% on Wednesday.
The Blackmores Limited (ASX:BKL) share price rose almost 6.5% today, it was a top performer in the ASX 200.
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