ASX 200 morning report – Magellan & ASX gold miners in focus
The S&P/ASX 200 (ASX:XJO) managed to deliver a gain of just 0.1% on Friday as Magellan (ASX:MFG) and ASX gold miners were in the news.
Changes are happening - please bear with us while we update our site. Click here to give us your advice and feedback.
The S&P/ASX 200 Index (INDEXASX: XJO) is an Australian stock market index, created and maintained by Standard & Poor’s (S&P). It tracks the value of the 200 largest public companies ranked by their market capitalisation, adjusted for the shares that are actually available on the market. The S&P/ASX 200 will increase if enough companies see their share prices rise, and fall when they are sold down.
If you’re studying the stock market’s return over time, don’t forget about dividends. The XJO index does NOT include dividends paid by companies. If you want a more complete picture of the performance of Australian shares, use the S&P/ASX 200 Net Total Return Index (INDEXASX: XNT) index.
This chart shows performance of the index and S&P/ASX 200 Net Total Return (INDEXASX: XNT), which includes the impact of dividends being reinvested. The three most popular indices for Australian shares are the All Ordinaries (INDEXASX: XAO), S&P/ASX 200 Net Total Return (INDEXASX: XNT), and S&P/ASX 200 (INDEXASX: XJO).
The S&P/ASX 200 (ASX:XJO) managed to deliver a gain of just 0.1% on Friday as Magellan (ASX:MFG) and ASX gold miners were in the news.
Global stock markets reversed yesterday’s gains after the Bank of England somewhat unexpectedly became the first G7 nation to hike interest rates.
US stock markets finished in the green overnight despite the Federal Reserve announcing it will accelerate their tapering of bond purchases.
The S&P/ASX 200 (ASX:XJO) dropped 0.7% on Thursday as Wesfarmers (ASX:WES) and Corporate Travel (ASX:CTD) shares make headlines.
US stock markets finished lower overnight, the Nasdaq down 1.1%, as Tesla (NASDAQ:TSLA) and Ford (NYSE:F) shares made headlines.
The S&P/ASX 200 (ASX: XJO) finished broadly flat on Tuesday as Woolworths (ASX:WOW) and Mesoblast (ASX:MSB) shares were in the news.
US stock markets dropped from record levels to open the week as Pfizer (NYSE:PFE) and Harley Davidson (NYSE:HOG) shares made headlines.
The S&P/ASX 200 (ASX: XJO) managed another strong opening on Monday as Charter Hall (ASX:CHC) and Ramsay (ASX:RHC) shares made headlines.
The S&P/ASX 200 (ASX: XJO) broke a four-week while all three US benchmarks gained around 4%. Here are my three key takeaways.
The S&P/ASX 200 (ASX:XJO) managed to deliver a gain of just 0.1% on Friday as Magellan (ASX:MFG) and ASX gold miners were in the news.
Global stock markets reversed yesterday’s gains after the Bank of England somewhat unexpectedly became the first G7 nation to hike interest rates.
US stock markets finished in the green overnight despite the Federal Reserve announcing it will accelerate their tapering of bond purchases.
The S&P/ASX 200 (ASX:XJO) dropped 0.7% on Thursday as Wesfarmers (ASX:WES) and Corporate Travel (ASX:CTD) shares make headlines.
US stock markets finished lower overnight, the Nasdaq down 1.1%, as Tesla (NASDAQ:TSLA) and Ford (NYSE:F) shares made headlines.
The S&P/ASX 200 (ASX: XJO) finished broadly flat on Tuesday as Woolworths (ASX:WOW) and Mesoblast (ASX:MSB) shares were in the news.
US stock markets dropped from record levels to open the week as Pfizer (NYSE:PFE) and Harley Davidson (NYSE:HOG) shares made headlines.
The S&P/ASX 200 (ASX: XJO) managed another strong opening on Monday as Charter Hall (ASX:CHC) and Ramsay (ASX:RHC) shares made headlines.
The S&P/ASX 200 (ASX: XJO) broke a four-week while all three US benchmarks gained around 4%. Here are my three key takeaways.