Smalls gain as the ASX200 (INDEXASX:XJO) regains 7000: Xero Limited (ASX:XRO) smashed
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.28% to 7014.90.
Changes are happening - please bear with us while we update our site. Click here to give us your advice and feedback.
Time poor? Let Rask Media’s editor-in-chief curate your daily investment news and analysis. We select the most important news of the day, plus our favourite expert stories and columns to appear in this feed.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.28% to 7014.90.
The Xero Limited (ASX:XRO) share price has fallen 7% in reaction to the FY24 report, which showed an increase in profit.
Telstra Group Ltd (ASX: TLS) gained 5 cents, or 1.3%, to $3.92, after being up 2.3% at one point, as it was perceived as benefiting from the big outage at rival Optus. In Singapore, the shares of Optus’ owner Singapore Telecom were down 5.2% on the news, and finished down 4.8% for the day.
The National Australia Bank Ltd (ASX:NAB) share price is under the spotlight after the bank announced its FY23 result.
The Dicker Data IPO share price was $0.20, and this year it paid $0.355 in dividends! In other words, not only would your $10,000 investment be worth ~$460,000, you would receive over $17,000 of yearly dividends.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.26% to 6995.40.
US 10-year yields dropped a lazy 0.26% to 4.57%, while the S&P 500 rebounded by an equally lazy 5.9%. Helping the positive market vibe, oil prices dropped 5.9% as fear of a Middle East war escalation eased.
The Reserve Bank of Australia hiked the cash rate target from 4.10% to 4.35% today, taking the rate to a 12-year high.
This could be a great time to invest in ASX growth shares during November whilst markets are uncertain and there’s a lot of volatility around.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.28% to 7014.90.
The Xero Limited (ASX:XRO) share price has fallen 7% in reaction to the FY24 report, which showed an increase in profit.
Telstra Group Ltd (ASX: TLS) gained 5 cents, or 1.3%, to $3.92, after being up 2.3% at one point, as it was perceived as benefiting from the big outage at rival Optus. In Singapore, the shares of Optus’ owner Singapore Telecom were down 5.2% on the news, and finished down 4.8% for the day.
The National Australia Bank Ltd (ASX:NAB) share price is under the spotlight after the bank announced its FY23 result.
The Dicker Data IPO share price was $0.20, and this year it paid $0.355 in dividends! In other words, not only would your $10,000 investment be worth ~$460,000, you would receive over $17,000 of yearly dividends.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.26% to 6995.40.
US 10-year yields dropped a lazy 0.26% to 4.57%, while the S&P 500 rebounded by an equally lazy 5.9%. Helping the positive market vibe, oil prices dropped 5.9% as fear of a Middle East war escalation eased.
The Reserve Bank of Australia hiked the cash rate target from 4.10% to 4.35% today, taking the rate to a 12-year high.
This could be a great time to invest in ASX growth shares during November whilst markets are uncertain and there’s a lot of volatility around.
Want to level-up your analytical skills and investing insights but don’t know where to start? We can help. Join 40,000+ Australian investors on our mailing list today and we’ll send you our favourite podcasts, courses, resources, investment articles and podcasts every week. Delivered to your inbox every Sunday morning. Grab a coffee and let Owen and the team bring you the best investment insights every week.