Today's ASX news
ALL ORDINARIES Index Up, Telstra (ASX:TLS) Shares Fall
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.25% at lunch.
November 23, 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 up 0.25% at lunch.
Kathmandu Holdings Ltd (ASX:KMD) shares are up 17% after giving the market a trading update at its AGM.
Accent Group Ltd (ASX:AX1) has upgrades its profit guidance for the first half of FY19 to be 15% to 20% higher than last year.
The CEOs of Westpac Banking Corp (ASX:WBC) and Commonwealth Bank of Australia (ASX:CBA) are facing a grilling in the Royal Commission.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 1.09% at lunch.
Mineral Resources Limited (ASX:MIN) has announced that it is selling a 50% stake of the Wodgina Lithium Project to Albemarle Corporation for US$1.15 billion.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 1.09% at lunch.
CYBG Plc (ASX:CYB) has reported its annual result for the 12 months to 30 September 2018 showing 13% growth in underlying profit.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.78% at lunch.
Want to level-up your analytical skills and investing insights but don’t know where to start? Join 50,000 Australian investors on our mailing list and we’ll send you our favourite podcasts, courses, resources and investment articles every Sunday morning. Grab a coffee and let Owen and the team bring you the best insights.
By downloading, you agree to receive emails from us. You can unsubscribe anytime.
Here you go: A $50,000 per year passive income special report
Join more 50,000 Australian investors who read our weekly investing newsletter and we’ll send you our passive income investing report right now.
Simply enter your email address and we’ll send it to you. No tricks. Unsubscribe anytime.
Read our Terms, Financial Services Guide, Privacy Policy. We’ll never sell your email address. Our company is Australian owned.