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Another weekly gain, inflation headwinds, Kogan canned, IPOs pulled The ASX200 (ASX:XJO) finished Friday on a positive note, up 0.2%, delivering a weekly gain of the same amount. For the day, only the materials and energy sectors finished lower, the latter on concerns of a boost in supply from Iran. The consumer staples and healthcare sectors were…
ASX delivers small gain, Future Fund leads renewables deal The ASX200 (ASX:XJO) finished slightly higher, adding 0.1% to commence the week. The IT sector continues to feel a great deal of selling pressure with Afterpay (ASX:APT) falling another 4.5% as investors continue to pivot towards more sustainable, undervalued sources of returns. The share price is now nearly 30% off…
ASX to open higher, strong US lead, Commonwealth Bank (ASXLCBA) hit with ASIC investigation The ASX200 (ASX:XJO) finished 1.7% higher to start the week, rebounding quickly from Friday’s so-called ‘bloodbath’. Once again, market volatility was met with reassuring language from central banks and positive news around the vaccine rollout. The Reserve Bank of Australia confirmed that they would be…
With an experienced engineer at the helm, one with a major in ‘mechatronics’ – a blend of mechanical and electronics engineering – and who has spent all his career in medical devices, Australian Unity’s new ‘Future of Healthcare’ fund is looking to add value to its investee companies. Victor Windeyer, the portfolio manager of the…
Australia has a long way to go to catch up to its major trading partners in its planned spend on new infrastructure, notwithstanding Prime Minister Morrison’s pledge of $100 billion over the next 10 years. This should be something for investors to savour, as well as those who benefit from the multiplier effect for employment….