Changes are happening - please bear with us while we update our site.

Changes are happening - please bear with us while we update our site. Click here to give us your advice and feedback.

S&P/ASX 200 To Open Higher, 3 ASX Shares To Watch

The S&P/ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up 0.76% on Thursday.

The S&P/ASX 200 (INDEXASX: XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up 0.76% on Thursday.

Australian Dollar ($A) (AUDUSD): 71.94 US cents

Dow Jones (DJI): up 0.67%

Oil (WTI): $US52.21 per barrel

Gold: $US1,292 per ounce

ASX Sharemarket News

In ASX sharemarket news, BHP Group Ltd (ASX: BHP) has come under fire by opposition leader Bill Shorten for making up to 80 people redundant on vessels that carry iron from WA to Wollongong, then replacing those workers with a foreign crew.

Those workers were supposedly the last ones to work as an Australian crew on an iron ore ship after more than 100 years of local workers. BHP has also been accused in the past of allegedly using tax loopholes such as its Singapore hub to reduce its Australian tax.

[ls_content_block id=”15758″ para=”paragraphs”]

Another miner appearing in the news for better reasons is Rio Tinto Limited (ASX: RIO) which just released its fourth quarter production results for December 2018.

Rio Tinto said that Pilbara iron ore shipments were down 3% compared to the fourth quarter of 2017 but up 7% compared to the third quarter of 2018. Pilbara iron ore shipments of 338 million tonnes in 2018 were 2% higher than 2017. Mined copper increased by 20% in the fourth quarter compared to last year’s fourth quarter.

Rio Tinto CEO J-S Jacques said: We delivered a solid operational performance in the final quarter of 2018, in particular across our copper assets. During the year, we further strengthened our asset portfolio, continuing to invest in high-quality growth.”

Read more:

Is The JB Hi-Fi Share Price A Buy?

Can 5G Save Telstra Shares?

Is the Qantas share price a buy?

Sydney Airport Holdings Pty Ltd (ASX: SYD) has just revealed its monthly traffic performance for December 2018. International passenger numbers grew by a pleasing 3.7% however the number of domestic passengers actually fell by 2.6%, leading to total passengers falling by 0.1% compared to last year.

The CEO of Sydney Airport, Geoff Culbert, said: “2018 was another record year for Sydney Airport with 44.4 million passengers travelling through our three terminals, an increase of 2.5% compared to 2017. 

[ls_content_block id=”14948″ para=”paragraphs”]

$50,000 per year in passive income from shares? Yes, please!

With interest rates UP, now could be one of the best times to start earning passive income from a portfolio. Imagine earning 4%, 5% — or more — in dividend passive income from the best shares, LICs, or ETFs… it’s like magic.

So how do the best investors do it?

Chief Investment Officer Owen Rask has just released his brand new passive income report. Owen has outlined 10 of his favourite ETFs and shares to watch, his rules for passive income investing, why he would buy ETFs before LICs and more.

You can INSTANTLY access Owen’s report for FREE by CLICKING HERE NOW and creating a 100% FREE Rask Account.

(Psst. By creating a free Rask account, you’ll also get access to 15+ online courses, 1,000+ podcasts, invites to events, a weekly value investing newsletter and more!)

Unsubscribe anytime. Read our TermsFinancial Services GuidePrivacy Policy. We’ll never sell your email address. Our company is Australian owned.

Information warning: The information on this website is published by The Rask Group Pty Ltd (ABN: 36 622 810 995) is limited to factual information or (at most) general financial advice only. That means, the information and advice does not take into account your objectives, financial situation or needs. It is not specific to you, your needs, goals or objectives. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. Please read our Terms and Conditions and Financial Services Guide before using this website. The Rask Group Pty Ltd is a Corporate Authorised Representative (#1280930) of AFSL #383169.

Skip to content