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 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 1.00% on Tuesday.

The ASX 200 (INDEXASX: XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 1.00% on Tuesday.

Australian Dollar ($A) (AUDUSD): 67.48US cents

Dow Jones (DJI): up 0.89%

Oil (WTI): $US52.92 per barrel

Gold: $US1,481 per ounce

ASX Sharemarket News

In ASX sharemarket news, investors will get a chance to react to Australia and New Zealand Banking Group’s (ASX: ANZ) response to the APRA subsidiary capital investment treatment.

In the update ANZ explained what APRA is suggesting for all banks. It provides a capital benefit for investments in small subsidiaries (like China, Indonesia, Papua New Guinea and Thailand) but a negative impact for large subsidiaries (i.e. New Zealand).

Based on ANZ’s investments in its subsidiaries at 30 June 2019 and no offsetting actions, it implies a reduction of ANZ’s Level 1 CET1 capital ratio of up to around $2.5 billion (0.75%, or 75 basis points).

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

Reject Shop Ltd (ASX: TRS) has announced a trading update saying that its positive momentum is continuing.

In the first 15 weeks of FY20, comparable sales are up 0.3%, compared to a decline of sales of 2.5% in the second half of FY19.

Acting CEO Ms Dani Aquilina said: “While only in the early stages of our turnaround, I am pleased to communicate a return to positive comparable sales. Our customers are responding positively to the changes that we are making, which re-engages with the company’s core DNA.”

Popular Stories:

Clean Seas Seafood Ltd (ASX: CSS), which claims to be the global leader in full cycle breeding, production and sale of yellowtail kingfish has announced it is offering convertible notes to shareholders.

The notes will pay a semi-annual rate of 8% per year which are convertible into ordinary shares at an 8% discount to the average market share price and it has a three-year term to maturity. It’s raising up to $15.3 million.

[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