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Goodman Group (ASX: GMG) is an integrated property group and is the largest industrial property business on the ASX. It’s described as integrated because it develops, owns and manages property across the world. Goodman has operations in Australia, New Zealand, Asia, Europe, the UK, North America and Brazil. The various properties in its portfolio includes warehouses, large logistics facilities (think Amazon), business and office parks.
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.
Get some top ASX share ideas for 2023. Wesfarmers Ltd (ASX:WES), Lovisa Ltd (ASX:LOV), TechnologyOne (ASX:TNE), CSL Ltd (ASX:CSL) and BHP Group Ltd (ASX:BHP) make this year’s list.
The Goodman Group (ASX:GMG) share price has dropped more than 2% after the large industrial property business announced its quarterly update.
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.
A positive lead from Wall Street, in which bad news on the economy became good news for stocks, resulted in the S&P/ASX 200 (INDEXASX: XJO) and All Ordinaries (INDEXASX: XAO) gaining 1.9 per cent to begin the week.
The All Ordinaries (ASX: XAO) and S&P/ASX 200 (INDEXASX: XJO) were on hold ahead of the RBA’s latest board meeting and interest rate decision. Elsewhere the Zip Co Ltd (ASX: ZIP) share price was dumped by investors.
The Brickworks Limited (ASX:BKW) share price is under the spotlight after reporting a record half-year result, with strong property earnings.
These 2 ASX blue chips are high-quality options for the long-term, including the owner of Bunnings, Wesfarmers Ltd (ASX:WES).
ASX shares have been out with big earnings reports today and some even bigger dividends. Here are 11 that caught my eye.
