Today's ASX news
ALL ORDINARIES Index Down, ANZ (ASX:ANZ) Shares Rise
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.04% at lunch.
October 31, 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 currently up 0.04% at lunch.
Commonwealth Bank of Australia (ASX:CBA) is selling Colonial First State Global Asset Management (CFSGAM) for $4.13 billion to Japanese business MUTB.
Australia and New Zealand Banking Group (ASX:ANZ) has reported its profit for the 2018 financial year.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.40% at lunch.
The Vocus Group Ltd (ASX:VOC) share price has fallen 2% in early trade after presenting at its annual general meeting (AGM).
Both Auscann Group Holdings Ltd (ASX:AC8) and Cann Group Ltd (ASX:CAN) reported their quarterly news this morning.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.67% at lunch.
The Kogan.Com Ltd (ASX:KGN) share price has been knocked down by 23% after giving a business update to investors.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.24% at lunch.
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