Today's ASX news
ALL ORDINARIES Index (XAO) Up, AGL (ASX:AGL) And IAG (ASX:IAG) Share Prices Fall
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.14% at lunch.
August 8, 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.
Insurance Australia Group Ltd (ASX:IAG) has released its FY19 result to the market, but its share price is down over 4%, here’s why,
The Nick Scali Limited (ASX:NCK) share price will be on watch this morning after reporting another record net profit.
The AGL Energy Ltd (ASX:AGL) share price will be on watch today after it reported its FY19 result.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) rose by 0.08% on Wednesday.
The Rural Funds Group (ASX:RFF) share price could be extremely volatile today after it gave a response to the short seller attack by Bonitas Research.
Afterpay Touch Group Ltd (ASX:APT) and Zip Co Ltd (ASX:Z1P) could face big competition from Commonwealth Bank of Australia (ASX:CBA).
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.25% at lunch.
ALE Property Group (ASX:LEP) has released its FY19 result to the market, sending the share price down over 1%.
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