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ASX bounces back, BNPL reports, Ramsay (ASX:RHC) reinstates dividend The ASX200 (ASX:XJO) finished 0.8% higher following a strong US lead overnight, with healthcare and materials leading the way, up 1.7% and 1.4% respectively. Ramsay Healthcare (ASX:RHC) was the standout, jumping 7.7% after reinstating their dividend at 48.5 cents per share. The private hospital operator reported a ‘resilient’ result,…
ASX hits 11-month high, BHP (ASX:BHP) delivers record dividend, Ansell (ASX:ANN) riding the COVID wave The ASX200 (ASX:XJO) reached an 11-month high and is now nearing 7,000 points once again, with the energy and materials sectors powering the recovery. Zip Co. (ASX:Z1P) continued its stellar 2021 run, adding 10.0% and taking the year-to-date gain to 160%. The company…
ASX heads higher, JB Hi-Fi’s (ASX:JBH) dividend bonanza, Zip Co (ASX:Z1P) hits all-time high The ASX200 (ASX:XJO) started the week on a strong footing, jumping 0.9% to open the week with all but the interest rate sensitive sectors of property and utilities heading higher. Whilst reporting season is in focus, Zip Co (ASX:Z1P) was by far the biggest highlight,…
ASX at 11 month high, Fortescue’s (ASX:FMG) bumper dividend, Lynas (ASX:LYC) in deal with US Government The ASX200 (ASX:XJO) reached an 11 month high this week, adding 1.3% for the week despite falling 0.3% in late trading on Friday. The commodities sector remains key to the market strength, with rare earth miner Lynas Corp (ASX:LYC) jumping 13.7% on Friday…
ASX200 pushes towards record, commodity reports, is Zip (ASX:Z1P) the new BNPL leader? The ASX200 (ASX:XJO) benefited from a strong overseas lead and news that unemployment has fallen to just 6.6% to finish 0.8% higher. Surprise, surprise, technology was the leader once again, adding 2.7% after BNPL player Zip Co (ASX:Z1P) released a quarterly update. The group once again…
It’s back: US markets down over 4%, dividends the story of the day, a deal with the devil The ASX 200 (ASX:XJO) finished another 0.8% higher, with everything but the IT, materials and utilities sectors adding to the rally. As reporting season comes to an end, dividend payments are driving daily movements with BHP Group…
August gains lost in a day, QBEs culture crisis, RBA looking dovish, higher open ahead With reporting season complete, markets are once again turning to economic data and vaccine hopes. It wasn’t a great start to Spring, with the ASX 200 (ASX:XJO) falling 1.8% and giving back nearly all the gains achieved in August. The…
It was a mixed day for the market, the ASX 200 (ASX:XJO) finished 0.2% higher despite trading up as much as 0.8% during the day.