ASX 200 (XJO) To Open Lower, 3 ASX Shares To Watch

The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) fell by 1.22% on Monday.

The ASX 200 (INDEXASX: XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) fell by 1.22% on Monday.

Australian Dollar ($A) (AUDUSD): 67.53US cents

Dow Jones (DJI): down 1.48%

Oil (WTI): $US54.93 per barrel

Gold: $US1,512 per ounce

ASX Sharemarket News

In ASX sharemarket news, Auckland International Airport Limited (ASX: AIA) has released its monthly traffic numbers.

Total passengers grew by 2.2% to 1.535 million drive by a 3.4% increase of domestic passengers to 709,000.

In terms of international passengers, which grew 1.9%, it was North American passengers that drove growth. USA passengers increased by 10.1% and Canada passengers went up 31.8%.

Queenstown Airport, which Auckland Airport has an investment in, saw passengers increase by 4.1%.

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

Magellan Financial Group Ltd (ASX: MFG) has surprised the market by going into a trading halt this morning.

The international shares focused investment fund is going to undertake a capital raising whilst also issuing its FY19 result to investors this morning.

Magellan had a very strong year during FY19 with international markets, particularly the US market, rising strongly during the year whilst the Australian Dollar fell compared to the US Dollar.

Popular Stories:

Annuity fund manager Challenger Ltd (ASX: CGF) has reported its full year result for FY19.

Challenger revenue grew by 8.3% to $2.37 billion, but net profit declined by 4.6% to $307.8 million. ‘Normalised’ net profit before tax went up $1 million to $548 million and ‘normalised’ net profit after tax dropped 2.5% to $396 million.

The Board of Challenger decided to maintain its final dividend at 18 cents per share, meaning that the total dividend for the year was 35.5 cents per share – the same as last year. The FY20 dividend is also expected to be 35.5 cents per share.

[ls_content_block id=”14946″ para=”paragraphs”]

[ls_content_block id=”18380″ para=”paragraphs”]

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.

Skip to content