Today's ASX news
ALL ORDINARIES Index Down, Wesfarmers (ASX:WES) Shares Drop
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.27% at lunch.
December 4, 2018
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 0.27% at lunch.
The share prices of Fortescue Metals Group Limited (ASX:FMG) and South32 Ltd (ASX:S32) are both up more than 5% due to a trade war truce between the US and China.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 1.42% at lunch.
Graincorp Ltd (ASX:GNC) shares are up 26% this morning after the grain giant received a $2.4 billion takeover offer.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 1.12% at lunch.
Amazon.Com Inc (NASDAQ:AMZN) is challenging Woolworths Group Ltd (ASX:WOW) and Coles Group Limited (ASX:COL) territory by selling items at discounted prices.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.73% at lunch.
Gentrack Group Ltd (ASX:GTK) has reported its annual result for the year to 30 September 2018, showing profit growth of 17%.
Afterpay Touch Group Ltd (ASX:APT) shares are up 2% and defended itself against an ASIC report. The buy now, pay later business is holding its annual general meeting (AGM) today.
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