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Get today’s Australian share market, property market and investing news, together with expert stock ideas and analysis. Below, you’ll find the latest ASX share research and analysis on some of Australia’s best (and worst) ASX growth stocks, dividend shares, ETFs and more; plus the finance and business latest news from Rask Media — delivered daily.
Even if this week’s inflation result is no worse than the market currently forecasts, the RBA may still feel under pressure to raise rates given that higher oil prices may be leading to a higher for longer inflation outlook, with risk to containment of inflation expectations.
The Australian stock market has given up all of the gains that it had made in 2023, with the benchmark S&P/ASX 200 (INDEXASX: XJO) losing 56.6 points, or 0.8%, on Monday to 6,844.1, with resources weakness the major culprit. That puts the index in the red by 2.8% for the year.
The Zip Co Ltd (ASX:ZIP) share price is in focus after the buy now, pay later business revealed a positive update for its FY24 first quarter.
The Dow Jones Industrial Average has a history of more than 120 years, since it was introduced in 1896. It is the oldest of the three stock indices and one of the best-known stock indices in the world.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.82% to 6844.10.
The Pro Medicus Ltd (ASX: PME) share price has risen after revealing another solid contract win in Australia.
CSL Limited (ASX: CSL) is currently trading at a 1-yr forward PE of 24x, a 40% premium to the ASX Industrials. 24x puts it on the same multiple as defensives like Woolworths Group Ltd (ASX: WOW), Wesfarmers Ltd (ASX: WES) and Sonic Healthcare Ltd (ASX: SHL), for ~2-3x the earnings growth!
Here are 3 things I wish I knew about life and business at 23. For investors, this simply means: pessimism can work, from time to time. But over the long run — better on a brighter future is much, much, much better bet.
The Treasury Wine Estates Ltd (ASX:TWE) share price is on watch on news of a review into the tariffs on Australian wine into China.
Even if this week’s inflation result is no worse than the market currently forecasts, the RBA may still feel under pressure to raise rates given that higher oil prices may be leading to a higher for longer inflation outlook, with risk to containment of inflation expectations.
The Australian stock market has given up all of the gains that it had made in 2023, with the benchmark S&P/ASX 200 (INDEXASX: XJO) losing 56.6 points, or 0.8%, on Monday to 6,844.1, with resources weakness the major culprit. That puts the index in the red by 2.8% for the year.
The Zip Co Ltd (ASX:ZIP) share price is in focus after the buy now, pay later business revealed a positive update for its FY24 first quarter.
The Dow Jones Industrial Average has a history of more than 120 years, since it was introduced in 1896. It is the oldest of the three stock indices and one of the best-known stock indices in the world.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.82% to 6844.10.
The Pro Medicus Ltd (ASX: PME) share price has risen after revealing another solid contract win in Australia.
CSL Limited (ASX: CSL) is currently trading at a 1-yr forward PE of 24x, a 40% premium to the ASX Industrials. 24x puts it on the same multiple as defensives like Woolworths Group Ltd (ASX: WOW), Wesfarmers Ltd (ASX: WES) and Sonic Healthcare Ltd (ASX: SHL), for ~2-3x the earnings growth!
Here are 3 things I wish I knew about life and business at 23. For investors, this simply means: pessimism can work, from time to time. But over the long run — better on a brighter future is much, much, much better bet.
The Treasury Wine Estates Ltd (ASX:TWE) share price is on watch on news of a review into the tariffs on Australian wine into China.
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