REA (ASX:REA) share price falls despite strong start to FY24
Jaz Harrison
November 10, 2023
The REA Group Limited (ASX:REA) share price is under the spotlight today after providing its FY23 first quarter update.
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The REA Group Limited (ASX:REA) share price is under the spotlight today after providing its FY23 first quarter update.
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.
The REA Group Limited (ASX:REA) share price is under the spotlight today after providing its FY23 first quarter update.
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.
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