Today's ASX news
Australian GDP Results Released, Here’s How The ASX 200 Responded
The Australian GDP figures have been released today, here’s what was reported and how the ASX 200 responded.
June 5, 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.
The Australian GDP figures have been released today, here’s what was reported and how the ASX 200 responded.
The Afterpay Touch Group Ltd (ASX:APT) share price is going nuts after giving an update about its progress in the US.
Wesfarmers Ltd (ASX:WES) seems to be focusing on expanding its resources earnings and capabilities.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.78% at lunch.
The share prices of many of the ASX’s leading growth shares like Afterpay Touch Group Ltd (ASX:APT) and Zip Co Ltd (ASX:Z1P) have taken off this morning.
ASX growth shares could be about to go on a growth rampage if trade wars continue.
Is the Commonwealth Bank of Australia (ASX:CBA) share price a buy after the RBA’s rate cut?
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up by 2.14% on Tuesday.
The Vocus Group Ltd (ASX:VOC) share price could be one of the larger movers today as takeover talks with EQT Infrastructure broke down.
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