Today's ASX news
ASX 200 (XJO) changes announced
The rebalancing to the ASX 200 (ASX:XJO) has been announced this morning.
June 12, 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.
The rebalancing to the ASX 200 (ASX:XJO) has been announced this morning.
TPG Telecom (ASX:TPM) has announced its special dividend as part of its merger with Vodafone Australia.
The NAB (ASX:NAB) CEO has warned that many borrowers who have asked for a payment holiday are still in a tough spot.
JB Hi-Fi (ASX:JBH) has given another update to the market. It’s expecting a big profit jump in FY20.
Commonwealth Bank of Australia (ASX:CBA) has acknowledged that it’s being sued, is it time to sell shares of the big 4 ASX bank?
Harvey Norman (ASX:HVN) is in the spotlight this morning after declaring a special dividend and giving an update.
Kogan.com (ASX:KGN) has entered a trading halt to do a $115 million capital raising.
The G8 Education (ASX:GEM) share price is currently up more than 6% after making an announcement about the government measures.
CSL (ASX:CSL) has announced an acquisition to the market this morning. It’s called Vitaeris, a clinical-stage biotechnology company.
Want to level-up your analytical skills and investing insights but don’t know where to start? Join 50,000 Australian investors on our mailing list and we’ll send you our favourite podcasts, courses, resources and investment articles every Sunday morning. Grab a coffee and let Owen and the team bring you the best insights.
