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Atlas Arteria Group (ASX:ALX) is a global operator and developer of toll roads. The selling point of toll roads is that they can reduce travel time, make travel time more certain, reduce fuel consumption and carbon emissions. The Group owns 25% of APRR in France and the smaller ADELAC business which connects to APRR, together comprising a 2,318km motorway in east and south east of France. APRR is France’s second largest toll road network and Europe’s fourth largest motorway group. In the US, Atlas Arteria owns 100% of the Dulles Greenway, a 22km toll road in Virginia. In Germany, it owns 100% of the Warnow Tunnel in the north east city of Rostock.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +1.47% to 7,699.40.
The benchmark S&P/ASX 200 (INDEXASX: XJO) index added 21.8 points, or 0.3 per cent, to 7600.2 at the closing bell, with seven out of the 11 sectors finishing in the green. The All Ordinaries (INDEXASX: XAO) edged up 0.3 per cent.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down +1.28% to 6943.40.
Eight of the markets 11 sectors finished weaker, after retail sales grew at just 0.2 per cent in August, following an 0.5% increase in July. This is likely to ensure interest rates remain on hold. Consumer facing businesses Aristocrat Leisure Limited (ASX: ALL) and Wesfarmers Ltd (ASX: WES) fell 1.9% and 0.8%.
Dubber Corp Ltd (ASX: DUB), Alcidion Group Ltd (ASX: ALC), Fortescue Metals Group Ltd (ASX: FMG) and Wesfarmers Ltd (ASX: WES) feature on this week’s Australian Investors Podcast.
The S&P/ASX 200 (ASX: XJO) finished in the red again on Tuesday as Pendal (ASX:PDL) and Atlas Arteria (ASX:ALX) made headlines.
The S&P/ASX 200 (ASX:XJO) managed to push higher on Tuesday with AusNet (ASX:AST) and BHP (ASX:BHP) shares back in the headlines.
It was ‘risk on’ once again for the S&P/ASX 200 (INDEXASX:XJO) with the market finishing 0.8% higher. BHP (ASX:BHP) shares are in the news.
The ASX 200 (INDEXASX:XJO) is poised to rise at the open on Thursday. Zip Co Ltd (ASX:Z1P) and Suncorp Group (ASX:SUN) shares are making headlines.
