Today's ASX news
Will Galaxy’s (ASX:GXY) HY19 Result Charge Up The Share Price?
Galaxy Resources Limited (ASX:GXY) has reported its result for the six months ended 30 June 2019.
August 30, 2019
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.
Galaxy Resources Limited (ASX:GXY) has reported its result for the six months ended 30 June 2019.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 1.27% on Thursday.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.16% at lunch.
Afterpay Touch Group Ltd (ASX:APT) has reported its FY19 result to investors, sending the Afterpay share price up by over 5%.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) fell by 0.32% on Tuesday.
The FlexiGroup Limited (ASX:FXL) share price jumped 12% today after reporting its FY19 result.
The MNF Group Ltd (ASX:MNF) share price rose by 12.5% today after revealing its FY19 result.
The Speedcast International Ltd (ASX:SDA) share price fell around 33% in another very painful day for its shareholders after reporting its first half of 2019 result.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.43% at lunch.
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