S&P/ASX 200 (INDEXASX: XJO) trades lower ahead of US inflation print
James Dunn
September 14, 2023
A tech slide dragged the ASX indices lower on Wednesday, ahead of the US inflation data coming in overnight.
A tech slide dragged the ASX indices lower on Wednesday, ahead of the US inflation data coming in overnight.
The benchmark S&P/ASX200 (INDEXASX: XJO) index managed to finish 14.6 points, or 0.2%, higher at 7206.9, with the broader All Ordinaries (INDEXASX: XAO) index tracking that rise in percentage terms, adding 15.1 points to 7402.9.
Liontown Resources Ltd (ASX:LTR) shares were in focus today on news that Gina Rinehart’s Hancock Prospecting had bought a substantial stake.
Indeed, MMA Offshore find themselves in the enviable position of being a dominant regional player in several key global markets where, over the next five years, there are expected to be over USD$400B in greenfield oil and gas projects coming on line that fall squarely within their area of expertise:
Both local benchmarks, including the S&P/ASX200 (INDEXASX: XJO) fell 1.2% on Thursday, as pressure continues to build from poor global economic data.
The Liontown Resources Ltd (ASX:LTR) share price has jumped 10% after the ASX lithium share received a bigger offer from Albemarle.
Balaji Gopal is the Head of Adviser Services at Vanguard Australia and one of the key people of the Vanguard organisation here in Australia.
The Australian share market or ASX index is uniquely known for its high dividend yield. On average, the ASX has a yield more than double that of the US S&P 500!
The Pilbara Minerals Ltd (ASX:PLS) share price is under the spotlight after the ASX lithium mining share announced its FY23 report.
A tech slide dragged the ASX indices lower on Wednesday, ahead of the US inflation data coming in overnight.
The benchmark S&P/ASX200 (INDEXASX: XJO) index managed to finish 14.6 points, or 0.2%, higher at 7206.9, with the broader All Ordinaries (INDEXASX: XAO) index tracking that rise in percentage terms, adding 15.1 points to 7402.9.
Liontown Resources Ltd (ASX:LTR) shares were in focus today on news that Gina Rinehart’s Hancock Prospecting had bought a substantial stake.
Indeed, MMA Offshore find themselves in the enviable position of being a dominant regional player in several key global markets where, over the next five years, there are expected to be over USD$400B in greenfield oil and gas projects coming on line that fall squarely within their area of expertise:
Both local benchmarks, including the S&P/ASX200 (INDEXASX: XJO) fell 1.2% on Thursday, as pressure continues to build from poor global economic data.
The Liontown Resources Ltd (ASX:LTR) share price has jumped 10% after the ASX lithium share received a bigger offer from Albemarle.
Balaji Gopal is the Head of Adviser Services at Vanguard Australia and one of the key people of the Vanguard organisation here in Australia.
The Australian share market or ASX index is uniquely known for its high dividend yield. On average, the ASX has a yield more than double that of the US S&P 500!
The Pilbara Minerals Ltd (ASX:PLS) share price is under the spotlight after the ASX lithium mining share announced its FY23 report.
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