Monday Market Minutes: The Penny Drops
The weekend move to lock down all of NSW should finally make investors pay attention to the worsening Covid Delta situation that has now brought the country’s biggest state economy to a halt.
Read MoreThe weekend move to lock down all of NSW should finally make investors pay attention to the worsening Covid Delta situation that has now brought the country’s biggest state economy to a halt.
Read MoreAmid all the gloom at the moment from Covid Delta, lockdowns etc, Australia’s position in the global wheat market continues to improve, helped by prices reaching recent highs in the US and Europe.
Read MoreAmerican oil producers continue to boost activity in the face of a slowing in demand thanks to the rise of the latest wave of Covid infections in economies large and small.
Read MoreNew Zealand holds centre stage this week for what many analysts think will be the first significant monetary policy move from any central bank with credibility – an interest rate rise.
Read MoreThe Australian June 30 profit reporting season hits its peak this week with around 90 ASX 200 companies down to report with BHP’s full year figures tomorrow the major results for investors.
Read MorePart Two of Six in a video series with Schroders Australia Fund Manager Simon Adler, in which he looks into whether or not there is still an opportunity in value.
Read MoreThe basic principles of investing remain timeless. Fortunately, some investment experts have a knack of encapsulating these in a few words that are insightful and inspiring. AMP’s Shane Oliver has a few for us to consider.
Read MoreAccording to global oil and gas giant BP, Western Australia is prime territory for “the production of green hydrogen and green ammonia using renewable energy,” adding another feather to the region’s bow.
Read MoreWe understand you are busy and may not have been left with enough time to keep up with the quality content we’ve been bringing you throughout the week. So here it is in one handy location. You’re welcome.
Read MoreNewcrest has sent a big message to the market about the growing importance of the East Pilbara gold and copper finds like its Havieron joint venture and Rio Tinto’s Winu.
Read MoreCorporate Connect analyst Di Brookman has released a new research report on Novonix, after the company announced a strategic investment by US multinational energy company Phillips 66.
Read MoreThe ASX 200 extended its winning run to a fourth consecutive session with a gain of 40 points or 0.54% to 7,628, hitting new all-time highs and a record close in the process.
Read MoreAll six episodes of Schroders series on value in which Fund Manager Simon Adler talks about various aspects of value investment and how his firm is positioned moving forward.
Read MoreSwamped in the first significant day of the June 30 reporting season on Thursday was the second upgrade for grain handling group GrainCorp which for a long time was a major victim of the long drought.
Read MoreThe Aussie market is extending its winning run into a fourth day with the ASX 200 hitting fresh all-time highs at lunch on Friday. Gains have been rather broad across the market with only materials in the red.
Read MoreAir New Zealand remains on government provided life support after the Ardern government agreed to defer the capital raising planned for next month by at least six months to the first quarter of 2020.
Read MoreASX200 up 35 points (0.5%) to 7623. Baby Bunting (-6.6%); FY profit +76%. Revenue +16%. Not sure why the market doesn’t like it…..
Read MoreThe Dow Jones index rose by 15 points or less than 0.1% to record highs. The S&P 500 index lifted 0.3% to record highs. And the Nasdaq index gained 51 points or 0.4%.
Read MoreTelstra shares briefly touched $4 yesterday for the first time in more than four years, on the back of a solid set of figures for 2020-21, along with a $1.4 billion dividend payout.
Read MoreRising global property valuations helped the annual results of majors Goodman Group and Mirvac in the year to June 30, although the news helped neither’s share price on Thursday.
Read MoreAGL, the nation’s largest power supplier, has reported a not unexpected loss of $2.06 billion loss for the year to June ahead of its split into a good company and a bad company.
Read MoreQBE lifted its dividend for the June half after its results saw a sharp recovery to a net profit of $US441 million from the loss of $US712 million in the corresponding period last year.
Read MoreTraders on the ASX were served up a trio of upbeat reports on Thursday from retailer Myer Group, engineering and services contractor Downer EDI, and grain handler Grain Corp.
Read MoreElfreda Jonker from Alphinity provides us with an in-depth breakdown of how she saw things play out in the last financial year and how she sees things playing out in the current one.
Read MoreMany think the internet giants are too big for society’s good. But even a rethink of competition policy along such lines is unlikely to curb the largest platforms. Magellan’s Michael Collins with more.
Read MoreThe Aussie market struggled for direction on what was a busy day of company profit results. The ASX 200 managed a small gain of 4pts to another record closing high of 7,588.
Read MoreGAM Investments’ Mark Hawtin says new ways of manufacturing will increasingly be led by innovative technologies, opening up exciting and differentiated investment opportunities.
Read MoreCentral banks are being forced to address many challenges. Given these tensions, will controlling inflation retain its overriding precedence? As priorities change, we believe inflation is on the verge of an important shift higher.
Read MoreThomas Rice, portfolio manager for the Perpetual Global Innovation Share Fund provides his regular wrap of technology, innovation, and finance news.
Read MoreASX200 up 1 point to 7584. Newcrest (+0.7%); said it would go ahead with a $182m project to shore up long-term production from its Telfer gold mine in WA.
Read MoreNational Australia Bank has reported a 10.3% rise in unaudited cash earnings to $1.70 billion for the three months to June – its first quarter.
Read MoreSigns of life after a near death experience for struggling Sydney based wealth manager AMP, as it revealed a 57% rise in interim profit on Thursday, helped by stronger AMP Bank earnings and investment income.
Read MoreUS data indicated US inflation growth may have peaked, while sectors tied to economic growth advanced on the heels of the passage of a large US$1 trillion infrastructure bill.
Read MoreThe Dow and S&P 500 hit new record highs after the latest consumer inflation data added support for the Fed’s contention that the price pressures are ’transitory’.
Read MoreLast week, alternative lender Plenti Group Limited issued its debut asset-backed securities transaction: $306.3 million of notes to investors, backed by secured automotive loans.
Read MoreFidelity’s Paras Anand looks at what might happen next in Chinese markets after the recent selloff due to the publication of regulations targeting education companies fuelled fears of deeper policy uncertainties.
Read MoreA record close and peak price in trading tells you all you need to know about how the market regarded the biggest non-tip of the year – a capital return from the Commonwealth Bank.
Read MoreChina’s July new car sales data underlines the growing importance of so-called New Energy Vehicles in supporting total car sales across the country at levels higher than they would otherwise be.
Read MoreThe 2021 commodities boom emerged nicely in the annual results of Mineral Resources yesterday, as the lithium and iron ore player beat expectations and announced a fully franked $1.75 dividend.
Read MoreShares in Insurance Australia Group fell yesterday, despite news of a doubling in dividend in 2020-21 from the previous year and a loss in line with that already signalled in earlier guidance.
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