Join Free
My Account
Log in
Join Free
Log in

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) rose by 0.28% on Thursday.

The ASX 200 (INDEXASX: XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) rose by 0.28% on Thursday.

Australian Dollar ($A) (AUDUSD): 68.25US cents

Dow Jones (DJI): up 0.09%

Oil (WTI): $US54.10 per barrel

Gold: $US1,492 per ounce

ASX Sharemarket News

In ASX sharemarket news, Sydney Airport Holdings Pty Ltd (ASX: SYD) has released its monthly traffic numbers for September 2019.

The airport operator said that total passengers grew by 1.4% with domestic passengers rising 1.2% and international passengers increasing by 1.9%. It was only the second time this year that domestic passengers grew.

Indian arrivals grew by more than 10% again, with Australia’s tourism efforts focusing on India at the moment. Indonesian passengers also increased by 16.1%. Chinese passengers grew 5% and American passengers increased by 7.7%.

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

Tassal Group Limited (ASX: TGR) has announced all major approvals (environmental, aquaculture and development) have been received for the Proserpine Stage 3 expansion.

The $30 million investment for 80 hectares of additional ponds and new infrastructure for production in FY21, creating 50 additional jobs in the local Proserpine area.

The expansionary foundation is to enable a target of $25 million of EBITDA (click here to learn what EBITDA means) from prawns within three years – which means by FY21.

Popular Stories:

Southern Cross Media Group Ltd (ASX: SXL) has announced it plans to acquire Redwave Media, which is a Western Australian regional radio business of Seven West Media Ltd (ASX: SWM).

The transaction will need to be approved by the ACCC and the Australian Communications and Media Authority.

The purchase price is $28 million and represents a purchase valuation FY19 Enterprise Value / EBITDA multiple of 8x according to Southern Cross.

[ls_content_block id=”14948″ para=”paragraphs”]

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

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 #563 907.

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

$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.

Latest stories

More insights

Better investing starts here.

Get Owen’s free Sunday morning newsletter, 
with the best insights in Australia delivered to your inbox.

Skip to content