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

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

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 0.10% 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 0.10% on Tuesday.

Australian Dollar ($A) (AUDUSD): 70.48US cents

Dow Jones (DJI): up 0.15%

Oil (WTI): $US63.41 per barrel

Gold: $US1,283 per ounce

ASX Sharemarket News

In ASX sharemarket news, Australia and New Zealand Banking Group (ASX: ANZ) has released its half year result for the six months to 31 March 2019.

The big ASX bank reported that statutory profit dropped by 5% to $3.17 billion, continuing operations cash profit increased by 2% and the fully franked dividend was maintained at 80 cents per share.

Its Common Equity Tier 1 (CET1) Capital ratio increased 45 basis points (0.45%) to 11.5%

ANZ CEO Shayne Elliott said: “Home loan demand in Australia has slowed significantly and this continued during the half. While our decision to step back from certain segments compounded this impact, being more risk averse in the current environment is prudent.”

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

A2 Milk Company Ltd (ASX: A2M) has given a presentation to investors which includes a trading update for the nine months to 31 March 2019. Revenue was up 42% to NZ$938 million.

The infant formula business has grown its market share in China to 6% from 5.4% and is now sold in an additional 1,350 Chinese mother and baby stores. The company has also increased its distribution in the US.

A2 Milk did not alter its overall guidance for FY19, which includes additional investment its marketing activities.

Popular Stories:

Scentre Group (ASX: SCG) has released its first quarter operating update. The Australia and New Zealand Westfield shopping centre owner outlined that 99.3% of its portfolio was leased.

Total specialty in-store sales were up 1.7% year on year and total portfolio sales were up 1.3%.

The business has guided net rental growth of around 3% for FY19 and an increase of the distribution of around 2%.

[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