Today's ASX news
ALL ORDINARIES Index (XAO) Rises, Goodman (ASX:GMG) Share Price Grows
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.14% at lunch.
August 23, 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.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.14% at lunch.
I believe the Brickworks Limited (ASX:BKW) share price is a buy, particularly after today’s acquisition announcement.
The Commonwealth Bank of Australia (ASX:CBA) share price could be a mover after updating the market about its divestment of the Australian life insurance business.
Goodman Group (ASX:GMG) has reported its FY19 result to the market, are the shares are a buy?
Costa Group Holdings Ltd (ASX:CGC) has released its 2019 half year result to investors this morning, will its share price grow?
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) fell by 0.05% on Thursday.
The Integrated Research Limited (ASX:IRI) share price rose 7.7% in reaction to the released FY19 result.
The Coca Cola Amatil Ltd (ASX:CCL) share price popped almost 6% higher after reporting its result.
The Bingo Industries Ltd (ASX:BIN) share price was dumped 6.3% lower after investors got a look at the FY19 result.
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