Telstra Corporation Ltd (ASX:TLS) is our country’s oldest telecommunications business, having built the first telegraph line in 1854. In 2019, it provides more than 17 million retail mobile services, around 5 million retail fixed voice services (e.g. home phones) and 3.6 million broadband services. Telstra also has operations in eHealth, network applications and subsea cabling.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.55% to 6976.50.
Telstra Group Ltd (ASX: TLS) gained 5 cents, or 1.3%, to $3.92, after being up 2.3% at one point, as it was perceived as benefiting from the big outage at rival Optus. In Singapore, the shares of Optus’ owner Singapore Telecom were down 5.2% on the news, and finished down 4.8% for the day.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.26% to 6995.40.
This episode gives you an overview of the 10 LARGEST Australian companies that feature heavily in many core ETFs (for example, VAS, A200, IOX & STW).
The benchmark S&P/ASX 200 (INDEXASX: XJO) closed 2.6 points lower, at 6,854, losing early gains. The broader All Ordinaries (INDEXASX: XAO) index, however, managed a 0.7-point gain, to 7,046.
The benchmark S&P/ASX 200 (INDEXASX: XJO) index added 12.8 points, or 0.2%, to 6,856, while the broader All Ordinaries (INDEXASX: XAO) index gained 15.6 points, or 0.2%, to 7,045.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.19% to 6856.90.
The Australian stock market has given up all of the gains that it had made in 2023, with the benchmark S&P/ASX 200 (INDEXASX: XJO) losing 56.6 points, or 0.8%, on Monday to 6,844.1, with resources weakness the major culprit. That puts the index in the red by 2.8% for the year.
The local share market snapped its losing streak, with both the All Ordinaries (INDEXASX: XAO) and S&P/ASX200 (INDEXASX: XJO) gaining 0.4% on a settling of bond yields and the latest Reserve Bank meeting minutes.
