Today's ASX news
ALL ORDINARIES Index Up, CSL Shares Up
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.66% at lunch.
June 21, 2018
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 up by 0.66% at lunch.
Bellamy’s Australia Ltd (ASX:BAL) is increasing its supply production with Fonterra (ASX:FSF) and other producers.
Ramsay Heath Care Limited (ASX:RHC) announced this morning that it is downgrading its FY18 guidance and making $125 million worth of write-downs and onerous lease provisions.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.63% at lunch.
Telstra Corporation Ltd (ASX: TLS) is holding its investor briefing day today, it announced it was going to cut 8,000 jobs and create a infrastructure business.
Amazon Prime is launching in Australia, which will be a boost for online shoppers and cause more worries for retail share investors.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.17% at lunch.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.14% at lunch.
The South32 Ltd (ASX:S32) share price dropped 3% after announcing the US$1.3 billion acquisition of the remaining shares in Arizona Mining Inc (TSE:AZ).
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