Today's ASX news
Is The CBA (ASX:CBA) Share Price A Buy?
Is the Commonwealth Bank of Australia (ASX:CBA) share price a buy after the Reserve Bank of Australia (RBA) reduced interest rates?
July 3, 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.
Is the Commonwealth Bank of Australia (ASX:CBA) share price a buy after the Reserve Bank of Australia (RBA) reduced interest rates?
The Vocus Group Ltd (ASX:VOC) share price is down around 4% in early trading after providing FY20 earnings guidance.
Woolworths Group Ltd (ASX:WOW) has a plan to sell its business which contains Dan Murphy’s, what will the share price do in response?
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) rose by 0.29% on Tuesday.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.64% at lunch.
ASIC is looking to make lending more responsible, which could affect the lending of CBA (ASX:CBA), Westpac (ASX:WBC), ANZ (ASX:ANZ) and NAB (ASX:NAB).
The Afterpay Touch Group Ltd (ASX:APT) share price has risen 3.4% in early trade in response to the company’s Board update.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 0.77% on Monday.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.64% at lunch.
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