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.
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!
The S&P/ASX 200 (INDEXASX:XJO) turned up again on Tuesday, led by the resources like BHP Group Ltd (ASX:BHP) and Rio Tinto (ASX:RIO) shares.
The share price of BNPL provider Zip Co Ltd (ASX: Z1P) has shot up 8% this morning after the business provided a November trading update.
Chadstone shopping centre owner Vicinity Centres (ASX: VCX) share price will be on watch today after the company provided a trading update.
The S&P/ASX 200 (ASX: XJO) fell another 0.2% on Tuesday as National Australia Bank (ASX:NAB) and Scentre (ASX:SCG) shares made headlines.
