Today's ASX news
ALL ORDINARIES Index Down, Commonwealth Bank of Australia (ASX:CBA) Shares Fall
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.55% at lunch.
October 1, 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 0.55% at lunch.
Commissioner Hayne has handed in his Interim Report regarding the inquiry into misconduct of the banking, superannuation and financial services industry.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.56% at lunch.
Westpac Banking Corp (ASX:WBC) has outlined another $235 million of costs due to the Royal Commission.
Here are today’s headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.11% at lunch.
The Xero Limited (ASX:XRO) share price is down 3% after revealing a US$300 million convertible notes due 2023 offering and a FY19 trading update.
Afterpay Touch Group Ltd (ASX:APT) will now start working with dentists to provide its buy now, pay later services.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.34% at lunch.
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