Scentre Group (ASX: SCG) owns and operates 41 Westfield shopping centres in Australia and New Zealand, with Scentre’s interest valued at $39.1 billion, many of the shopping centres are owned in partnership with property investment institutions. According to Scentre Group, more than 535 million visits were made to its centres in 2018.
The Scentre Group (ASX:SCG) share price is up 14.0% since the start of 2024. It’s probably worth asking, ‘is the SCG share price good value?’
The Netwealth Group Ltd (ASX:NWL) share price is up 87.2% since the start of 2024. It’s probably worth asking, ‘is the NWL share price undervalued?’
A 3.8 per cent US inflation print contributed to a 0.4 per cent fall in the S&P/ASX 200 (INDEXASX: XJO).
News that US inflation had fallen to just 3.2% for the year to October sent a rocket up global share markets, with the All Ordinaries (INDEXASX: XAO) gaining 1.5% and the S&P/ASX 200 (INDEXASX: XJO) up 1.4% as ten of the 11 industry sectors finished higher.
All Ordinaries (INDEXASX: XAO) and S&P/ASX 200 (INDEXASX: XJO) both gaining 1.1% with the energy sector the only detractor.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.037% to 7091.00.
The local share market posted another strong day, adding 0.7%, as news of the Federal Reserve potentially pausing rate hikes boosted the property and technology sectors, up 3.3% and 2.2%, respectively.
Have Australian property prices bottomed? Pete Wargent and Chris Bates jump into the top 3 news stories for property investors on The Australian Property Podcast.
Xero Limited (ASX: XRO) sheds employees and shares pop 11%, is that good? Vanguard Global Aggregate Bonds ETF (ASX: VBND) is for bonds, right? Is WiseTech Global Ltd (ASX: WTC) the best ASX share (and Owen was wrong), and more!
