ASX Bank Shares
NAB (ASX:NAB) share price under pressure from ASIC legal action
The National Australia Bank Ltd (ASX:NAB) share price is under pressure after ASIC sued the ASX bank share.
November 18, 2024
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 National Australia Bank Ltd (ASX:NAB) share price is under pressure after ASIC sued the ASX bank share.
The Woolworths Group Ltd (ASX:WOW) share price is under the spotlight as the supermarket business faces a class action.
The Xero Ltd (ASX:XRO) share price is under the spotlight after the ASX tech share announced its FY25 first half result.
The Aristocrat Leisure Limited (ASX:ALL) share price is higher after reporting strong growth in its FY24 result.
The Commonwealth Bank of Australia (ASX:CBA) share price is in focus after the major ASX bank share announced its FY25 first quarter update.
The Paladin Energy Ltd (ASX:PDN) share price has sunk 24% after the ASX energy share gave a disappointing FY25 update.
The Endeavour Group Ltd (ASX:EDV) share price is down around 5% after its weak FY25 trading update and outlook.
The REA Group Ltd (ASX:REA) share price is in focus after releasing its financials for the FY25 first quarter with strong growth.
The ANZ Group Holdings Ltd (ASX:ANZ) share price is under the spotlight after the ASX bank announced its FY24 result.
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