Today's ASX news
ALL ORDINARIES Index (XAO) Falls, Gold Miners Glitter
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.17% at lunch.
August 2, 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 down 0.17% at lunch.
AGL Energy Limited (ASX:AGL) has announced it’s going to delay the closure of its power plants in New South Wales and South Australia to help keep the power during the summer.
Orora Ltd (ASX:ORA) has announced two significant expense items that it’s going to include in its FY19 statutory result.
The Bega Cheese Ltd (ASX:BGA) share price could come under pressure today as it downgraded its profit expectations for FY19.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) fell by 0.90% on Thursday.
Mining giant Rio Tinto Limited (ASX:RIO) has reported its half-year result to 30 June 2019, is the share price a buy?
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.17% at lunch.
Gold miner Resolute Mining Limited (ASX:RSG) has announced a major African-based acquisition for US$274 million.
The US Federal Reserve just cut its interest rate by 0.25% to a range of 2% to 2.25%. How should we invest now?
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