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.

ASX 200 To Open Higher, 3 ASX Shares To Watch

The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up by 0.88% on Tuesday.

The ASX 200 (INDEXASX: XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up by 0.88% on Tuesday.

Australian Dollar ($A) (AUDUSD): 70.98US cents

Dow Jones (DJI): up 0.55%

Oil (WTI): $US66.14 per barrel

Gold: $US1,272 per ounce

ASX Sharemarket News

In ASX sharemarket news, Macquarie Group Ltd (ASX: MQG) is in the headlines because it apparently wants to launch a mobile service, according to the Australian Financial Review.

It will be called Nu Mobile and it will have a niche offering of used mobile phones in a package deal with the data. The company will operate using the Telstra Corporation Ltd (ASX: TLS) network.

The AFR believes that the new service will launch within the next few months.

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

National Australia Bank Ltd (ASX: NAB) is also in the news, the major ASX bank has implemented additional lending checks to make sure its borrowers are in a healthy positions.

A debt to income ratio is supposedly going to be used, according to the Australian Financial Review. A maximum ratio of 9 will be allowed and the debt will include credit cards, family loans, lines of credit and other loans. What’s particularly interesting is that it will consider unused credit as being totally utilised.

It will be interesting to see if the other banks follow suit with this new debt to income limit.

Popular Stories:

Northern Star Resources Ltd (ASX: NST) has unveiled its March 2019 quarterly activities report.

The gold miner has maintained its FY19 production guidance at between 850,000oz to 900,000oz and the all-in sustaining costs (AISC) guidance has increased from a range of between $1,125/oz and $1,225/oz to $1,225/oz to $1,275/oz.

Gold sold in the March quarter was 185,296oz at an AISC of $1,369/oz.

[ls_content_block id=”14945″ para=”paragraphs”]

[ls_content_block id=”18380″ 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