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Beacon Lighting Group Ltd (ASX:BLX) is a specialist lighting retailer that operates throughout Australia. With an ambitious expansion plan, the company accessed capital by listing its shares on the ASX in 2014. Since listing, Beacon has aggressively pursued its store roll-out, growing from 83 stores to 112 as at the end of 2018.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.51% to 7,514.90.
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.
The benchmark S&P/ASX 200 (INDEXASX: XJO) index added 36.3 points, or 0.5 per cent, to 7,235.3 points at the close. The broader All Ordinaries (INDEXASX: XAO) rose 36.2 points, or 0.5 per cent, to 7,446.4.
ASX shares have been out with big earnings reports today and some even bigger dividends. Here are 11 that caught my eye.
The house prices in Australia continue to surge, rising 2.2% in May 2021. This seems to suggest a strong end to FY21 for ASX shares.
The Beacon Lighting Group Ltd (ASX:BLX) share price is up more than 4% after telling investors it’s expecting strong profit growth in FY21.
The ASX share market has recovered significantly over the past year from the pain of the coronavirus crash, also called COVID-19.
One ASX retailer that has more or less gone under the radar this year is Beacon Lighting Group Ltd (ASX:BLX). Are shares a buy at today’s levels?
The Beacon Lighting Group Ltd (ASX:BLX) share price is up 25% in less than one month. Can it keep soaring higher?
