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Macquarie Group Ltd (ASX:MQG)

Diversified Financials

Macquarie Group Ltd (ASX: MQG) is Australia’s largest investment bank with operations spread throughout North America, Europe, Middle East, Asia and Australia. Unlike a traditional ‘retail’ bank, like most investment banks Macquarie makes a large chunk of its profit by operating in the investment markets and managing ‘assets’ for individuals and organisations. As of 2019, Macquarie had reported a profit for 50 years in a row.

Macquarie Group Ltd (ASX:MQG) share price

Macquarie Group Ltd (ASX:MQG) share price news

ASX Bank Shares
James Dunn

Christmas rally swings into town on S&P/ASX 200 (INDEXASX:XJO)

The mood was distinctly positive on the trading screens, with the benchmark S&P/ASX 200 (INDEXASX: XJO) index putting on 120.1 points, or 1.7 per cent, to 7,377.9, while the broader All Ordinaries (INDEXASX: XAO) rose 130.3 points, also 1.7 per cent, to 7,599.4.

ASX Bank Shares
James Dunn

Sigma Healthcare Ltd (ASX:SIG) goes skyward

Australia’s share market pushed higher on Wednesday, as the big miners tracked iron ore prices higher. At the close the S&P/ASX 200 (INDEXASX: XJO) was up 23.8 points, or 0.3 per cent, to 7,259.1 points, while the broader All Ordinaries (INDEXASX: XAO) index gained 22.7 points, also 0.3 per cent, to 7,469.1.

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