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 (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 0.01% on Monday.

The ASX 200 (INDEXASX: XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) fell by 0.01% on Monday.

Australian Dollar ($A) (AUDUSD): 68.65US cents

Dow Jones (DJI): up 0.14%

Oil (WTI): $US57.98 per barrel

Gold: $US1,500 per ounce

ASX Sharemarket News

In ASX sharemarket news, the Federal Court case for TPG Telecom Ltd (ASX: TPM) to try to merge with Vodafone is expected to start today.

The idea behind the proposed merger is that it would create enormous synergies for both businesses, particularly with the need to only build one 5G network rather than two.

However, the Australian Competition and Consumer Commission blocked the merger initially on grounds that it would lower competition whereas TPG building its own mobile network would increase competition.

After the Huawei equipment ban TPG says it’s not going to make its own network now.

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

New Hope Corporation Limited (ASX: NHC) shares have gone into a trading halt this morning.

It requested the trading halt because during the course of trading hours today it’s expected the Queensland Court of Appeal is expected to deliver its judgement against the Supreme Court’s decision to set aside the Queensland Land Court’s recommendation to refuse the applications for mining leases and an amended environmental authority for the New Acland Stage 3 project.

New Hope expects to make another announcement about the matter tomorrow.

Popular Stories:

CML Group Ltd (ASX: CGR) has announced it’s going to acquire Classic Funding Group for $11 million which will be funded by a new $25 million facility and also by existing.

The idea is that it will accelerate CML’s strategy to gain market share by expanding its offerings of invoice discounting and equipment finance.

[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