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) went up 0.12% on Wednesday.
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) went up 0.12% on Wednesday.

Australian Dollar ($A) (AUDUSD): 68.85US cents

Dow Jones (DJI): down 0.01%

Oil (WTI): $US56.39 per barrel

Gold: $US1,491 per ounce

ASX Sharemarket News

In ASX sharemarket news, NAB (ASX: NAB) reported its FY19 result to investors.

NAB reported that its net interest income increased by 1.1% to $13.6 billion, but cash earnings dropped 10.6% to $5.1 billion largely due to Royal Commission customer remediation, although excluding large notable items cash earnings actually rose by 0.8%. Statutory net profit fell by 13.6% to $4.8 billion.

The NAB Board decided to cut the final dividend by 16% to $0.83 per share, bringing the full year dividend to $1.66 per share which was also a decrease of 16%.

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

Buy now, pay later company Zip (ASX: Z1P) has announced a strategic agreement with Amazon Australia.

Zip will become a payment option for customers shopping on Amazon.com.au, making it the first instalment option on Amazon’s Australian site.

The company will issue warrants/options for an affiliate of Amazon to acquire up to 14.6 million shares at the average price of the 20 trading days before 31 October 2019.

Zip CEO and Managing Director Larry Diamond said: “We are thrilled to have secured this strategic agreement with Amazon Australia, providing customers with a more flexible way to pay. This puts Zip firmly on the main stage by allowing customers shopping on Amazon.com.au to use Zip to pay at their pace. The agreement delivers a fantastic experience for customers who are looking to own the way they pay.”

Popular Stories:

Pengana (ASX: PCG) has announced its intention to acquire a significant stake in Lizard Investments, which is a Chicago-based asset management firm that specialises in global small and medium shares.

[ls_content_block id=”14946″ 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