Today's ASX news
Carsales.Com Ltd Profits Go Zoom-Zoom, Share Price Goes Putt-Putt
Carsales.Com Ltd (ASX:CAR) shares rose 1% this morning after the company announced strong profit results.
February 7, 2018
99% of long-term investing is doing nothing; the other 1% changes your life
Carsales.Com Ltd (ASX:CAR) shares rose 1% this morning after the company announced strong profit results.
The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open higher on Wednesday, following the Dow Jones Industrial Average (INDEX:.DJI) upwards.
The ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) index slumped 3.2% on Tuesday, following Commonwealth Bank of Australia (ASX:CBA) and BHP Billiton Limited (ASX:BHP) shares lower.
Macquarie Group Ltd (ASX:MQG) shares fell 4.5% on Tuesday despite guiding for a 10% jump in full-year profit.
Magellan Financial Group Ltd (ASX: MFG) will be a focal point following the release of its half-year financial report and the takeover deals for Airlie Funds Management and Frontier Partners.
The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open lower on Tuesday, following the Dow Jones Industrial Average (INDEX:.DJI) lower.
Wesfarmers Ltd (ASX:WES) shares closed 4.5% lower on Monday, weighing on the ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) index.
CBL Corporation Limited (ASX:CBL) shares fell 3.5% on Monday after the specialist insurance company filed a trading update with the ASX.
The Bitcoin price has fallen from over $US19,000 to its current $US8,337 — a 56% fall. Could the Bitcoin price go to zero?
Want to level-up your analytical skills and investing insights but don’t know where to start? Join 50,000 Australian investors on our mailing list and we’ll send you our favourite podcasts, courses, resources and investment articles every Sunday morning. Grab a coffee and let Owen and the team bring you the best insights.
