Today's ASX news
Macquarie Group Ltd (ASX:MQG) FY19 Profit Update
Macquarie Group Ltd (ASX:MQG) updated the market this morning about the progress of FY19.
September 11, 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.
Macquarie Group Ltd (ASX:MQG) updated the market this morning about the progress of FY19.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.07% at lunch.
National Australia Bank Ltd (ASX:NAB) faces legal action from the Australian Securities and Investments Commission (ASIC).
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.69% at lunch.
Every three months the various ASX indices are re-balanced to take into account the market capitalisation movements. S&P Dow Jones Indices announced the changes to the S&P/ASX 300 Index.
Commonwealth Bank of Australia (ASX:CBA) has just announced that it is increasing variable interest rates by 0.15% for all Australian residential property owners.
Australia and New Zealand Banking Group (ASX:ANZ) announced that it is increasing variable interest rates for Australian home and residential investment loans by 0.16%.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.97% at lunch.
Telstra Corporation Ltd (ASX:TLS) has announced it is reducing its FY19 guidance due to changes in the NBN Co Corporate Plan 2019.
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