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

Join Free
Log in

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

Join Free
Log in

ASX 200 (XJO) 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) rose by 1.48% on Tuesday.
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

The ASX 200 (INDEXASX: XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 1.48% on Tuesday.

Australian Dollar ($A) (AUDUSD): 67.94US cents

Dow Jones (DJI): up 1.44%

Oil (WTI): $US56.78 per barrel

Gold: $US1,502 per ounce

ASX Sharemarket News

In ASX sharemarket news, National Australia Bank Ltd (ASX: NAB) has released its third quarter result to investors.

The major ASX bank reported that compared to the quarterly average of the first half of 2019 and excluding customer-related remediation, cash earnings increased by 1% to $1.65 billion due to revenue increasing 1% and flat costs thanks to its ongoing productivity savings.

NAB also reported that it achieved an unaudited statutory net profit of $1.7 billion.

NAB’s credit quality update wasn’t so promising. Impairment charges increased 21.7% to $247 million for the quarter compared to the third quarter in 2018.

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

CSL Limited (ASX: CSL) is another business to report today, it has revealed its FY19 result with investors.

CSL reported that its net profit after tax (NPAT) increased by 11% to US$1.92 billion for FY19, it rose 17% in constant currency terms. Profit / earnings per share (EPS) rose by 16% in constant currency terms to US$4.236.

The CSL result was driven by revenue growth of 11% with “strong growth” in immunoglobulin and albumin therapies, high patient demand for specialty products Haegarda & Kcentra, the successful evolution of the haemophilia therapies portfolio and Seqirus delivering strong profit growth.

Popular Stories:

Another business to report today is Computershare Limited (ASX: CPU).

Computershare said that its revenue increased by 4.8% to $2.41 billion, EBITDA (click here to learn what EBITDA means) rose by 10.2% to $685.9 million and profit/earnings per share (EPS) increased by 12.8%. Computershare’s Board grew the final dividend by 9.5% to $0.23.

[ls_content_block id=”14948″ 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!)

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.

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.

Latest stories

Free passive income report
Skip to content