ASX finishes lower, but another positive month, Macquarie profit doubles The S&P/ASX200 (ASX: XJO) finished the week and the month of a negative note, falling 1.4% after an unexpected spike in bond yields hit sentiment on Friday afternoon. The biggest pain naturally came from the real estate and financial sectors, both down 2% or more, after a number of ‘experts’…
Richard Quin from Bentham Asset Management answers ‘quickfire’ questions with Peter White from The Inside Network.
Richard Quin from Bentham Asset Management goes INDepth with Peter White from The Inside Network on the Bentham Global Income Fund.
ASX weakens on energy sell off, Boral jumps as Pointsbet tanks The S&P/ASX200 (ASX: XJO) finished 0.2% lower on Thursday dragged down by the energy sector, which fell by 2% after the coal price continued to fall significantly. A nuclear accord between the EU and Iran was also cited as a reasoning for the weaker oil price. Boral (ASX: BLD) overcame weakness in…
ASX creeps to gain, Woolies warns of Inflation, CPI data sends bonds lower The S&P/ASX200 (ASX: XJO) managed to eke out another small gain on Wednesday, keeping the run of positive days going. Most weakness came from the staples sector, down 1.9%, after Woolworths (ASX: WOW) delivered a difficult third quarter update. The mining and utilities sectors were also down over 1% with…
ASX on gold, Crown ‘unfit’ for license, GQG falls flat The S&P/ASX200 (ASX: XJO) finished just 2 points higher on Tuesday, barely continuing the run of positive days. The tech and consumer sectors were the only real positive contributors, the former gaining over 1%, with the utilities sector the biggest detractor falling by a similar amount. Shares in Crown Resorts (ASX: CWN) nearly topped…
Earnings resilience boosts ASX, Telstra’s big deal, ANZ takes on BNPL The S&P/ASX200 (ASX: XJO) gained another 0.3% with the mining and energy sector providing a significant boost to begin the week, up 1.1 and 2.6% respectively. Mineral Resources (ASX: MIN) was the standout gaining 9% after announcing their mothballed Wodgina lithium mine would be restarting in light of the boom in…
ASX finishes flat, but back to September high, RBA gets busy, Wesfarmer’s robust The S&P/ASX200 (ASX: XJO) finished flat on Friday with strength across most consumer facing sectors including discretionary (1.4%), staples (0.9) and property (0.7) offset by another sharp selloff in energy companies, which were down over 2% as reality kicked in about the oil ‘shortage’. The RBA had a…
Scott Bennett from Northern Trust Asset Management shares insights on what the benefits are of factor-based strategies in Australian Equities.
Martin Franc from Invesco goes INDepth with James Dunn from The Inside Network on ‘Sovereign funds – meeting new challenges’.
