Rea Group Ltd (ASX:REA) is the owner of Australia’s most popular real estate portal realestate.com.au. It owns other property leading sites such as realcommercial.com.au too. It also has stakes in several other international property sites in the US, South East Asia and India.
The S&P/ASX 200 (INDEXASX: XJO) and All Ordinaries (ASX: XAO) reversed two straight weeks of losses, posting a 0.8 per cent gain on Friday, taking the S&P/ASX200 to a weekly gain of 1.6 per cent. The ASX 200 is expected to open firmly higher Monday morning, according to ASX 200 futures contracts in Sydney.
The Australian share market, otherwise known as S&P/ASX 200 (INDEXASX: XJO) or All Ordinaries (INDEXASX: XAO), continued on a downward trend on Wednesday, to open the month of June by falling 0.8 per cent.
The S&P/ASX 200 (ASX:XJO) experienced its worst session since Russia invaded Ukraine on Friday as Macquarie (ASX:MQG) shares made headlines.
Over the long-term, I think ASX growth shares like REA Group Limited (ASX:REA) can produce the strongest returns thanks to compounding.
Nick Cregan is a partner of Fairlight Asset Management, serving as a senior portfolio manager in the investment team since the inception of the Global Small & Mid Cap Fund in 2018. He joins Raymond Jang on The Australian Investors Podcast to share his journey, the investing process and philosophy of Fairlight Asset Management.
The S&P/ASX 200 index is down less than 4% for the year, but a closer inspection shows carnage in certain parts of the market.
Here are 3 ASX growth shares that have had a temporary share price setbacks but over the longer term will be big winners.
It could be a smart move to consider ASX blue chip shares during this period of volatility since the start of the year, like Xero (ASX:XRO).
Two ASX shares flexed there muscles. Investors remain perplexed about e-commerce. And the market short-terminism was on full display.
