Skip to content
Join Free
My Account
Log in
Join Free
Log in
Rask Media home

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

The S&P/ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went down 0.35% on Thursday.

The S&P/ASX 200 (INDEXASX: XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went down 0.35% on Thursday.

Australian Dollar ($A) (AUDUSD): 70.97US cents

Dow Jones (DJI): down 0.40%

Oil (WTI): $US56.84 per barrel

Gold: $US1,323 per ounce

ASX Sharemarket News

In ASX sharemarket news, Auckland International Airport Limited (ASX: AIA) has reported its half year report to December 2018.

Income grew by 11.5% to $370.6 million but reported profit fell by 11.3% to $147.2 million, partly due to a large decrease in depreciation. Auckland Airport has declared a dividend 2.3% higher to 11 cents per share.

Auckland Airport Chairman Patrick Strange said: “We are starting to see the early benefits of our multi-billion, inter-generational aeronautical programme delivering significant new capacity, resilience and choice for our customers, airline and operational partners.” 

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

MyState Limited (ASX: MYS) is another one to have reported its half year result to December 2018.

The Tasmanian-based financials business said that revenue from operations fell 3.1% to $62.7 million and net profit fell by 9% to $15.8 million. Mystate decided to pay a consistent dividend of 14.25 cents per share.

MyState said the reason for the profit decline was due to higher funding costs as well as investing to deliver a new platform that will hopefully drive growth of its funds management division.

Popular Stories:

Hansen Technologies Limited (ASX: HSN) has reported its half year result to December 2018.

The utility software business said that compared to the first half of FY18: operating revenue declined by 5% to $112.4 million, EBITDA fell by 16% to $28.5 million (click here to learn what EBITDA means) and net profit dropped by 28% to $12.9 million.

Hansen CEO Andrew Hensen said: “First half 2019 was a pleasing result. While the revenue was down on 1H18 due to lower non-recurring, it was consistent with 2H18.”

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

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 #563 907.

Picture of Jaz Harrison

Jaz Harrison

Jaz is a Staff Writer for Rask. She is a keen investor who loves to thoroughly poke holes in an investment idea before it has a chance of making it into her portfolio. Jaz invests for the long-term and doesn't sweat the small stuff. She strongly believes that empowering people with knowledge is the best way for them to take charge of their finances, which is exactly the approach she takes with her own money and investments.
More analysis

$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!)

Access all reports now

Unsubscribe anytime. Read our Terms, Financial Services Guide, Privacy Policy. We’ll never sell your email address. Our company is Australian owned.

Latest stories

More insights

Better investing starts here.

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.