Sydney Airport Holdings Pty Ltd (ASX:SYD) is the company that operates the Kingsford Smith Airport, it currently has a 99-year lease on the airport but it will revert back to government ownership at the end of this century. According to Sydney Airport, as of 2019, it generates around $31 billion in economic activity for Australia each year. That’s equivalent to more than 6% of the NSW economy.
The ASX 200 (INDEXASX:XJO)(^AXJO) could be due for a big correction this year as it reached a recent high.
Sydney Airport Holdings Pty Ltd (ASX:SYD) has released an update that investors should be aware of.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went down by 1.19% on Thursday.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went down by 0.28% on Wednesday.
The listed investment company (LIC) industry is rising as investors celebrate keeping their franking credits.
The polls had been saying for months that Labor would win the Federal Election, but the surprise result could see investors respond on the ASX today.
The Australian Bureau of Statistics (ABS) released its monthly employment statistics today.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.03% at lunch.
I think the Sydney Airport Holdings Pty Ltd (ASX:SYD) share price could be too high after it released its passenger numbers for March 2019.
