Today's ASX news
ASX shares hit by European COVID-19 uncertainty
ASX shares are currently suffering from uncertainty relating to Europe as COVID-19 cases surge across the UK and the EU.
September 22, 2020
Big money is not in the buying or selling, but in the waiting.
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.
ASX shares are currently suffering from uncertainty relating to Europe as COVID-19 cases surge across the UK and the EU.
Could the Commonwealth Bank of Australia (ASX:CBA) share price be a buy for the 6.7% dividend yield?
Coal miner New Hope Corporation Limited (ASX:NHC) has announced its FY20 result which showed a big loss.
The Brainchip Holdings Ltd (ASX:BRN) share price is up this morning after announcing Indian growth plans.
The Openpay Group Ltd (ASX:OPY) share price is up after the buy now, pay later business released an August 2020 update.
Harvey Norman Holdings Limited (ASX:HVN) has released a trading update for the first couple of months of FY21.
Magellan Financial Group Ltd (ASX:MFG) has announced a large investment into new financial services firm Barrenjoey Capital Partners.
Are the shares of Australia and New Zealand Banking Group (ASX:ANZ) too cheap to miss? The ANZ share price is down 37% since the COVID-19 crash.
Fonterra Shareholders’ Fund (ASX:FSF) has announced strong growth in its FY20 result today.
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