stocks

Santa rally continues, all eyes on financials, Rex Airlines (ASX:REX) gets approved The ASX200 (ASX:XJO) finished 0.7% higher after a positive overseas lead, with every sector finishing higher. Attention once again turned to the technology sector, with BNPL players Afterpay (ASX:APT) and Zip (ASX:Z1P) finishing 4.2% and 6.7% higher. While these companies have been flagged as Australia’s technology leaders, the true nature of…

ASX 200 falls 0.4%, China flags iron ore concerns, Vicinity (ASX:VCX) confirms dividend A weak global lead pushed the ASX200 (ASX:XJO) down 0.4% today, with the China Iron and Steel Association flagging concerns about the ballooning iron ore price at the same time that maintenance hit export volumes in November. BHP (ASX:BHP) and Fortescue (ASX:FMG) bore the brunt down 2.3% and 3.1% respectively.  Yet…

Notwithstanding the political and superannuation industry talk of an infrastructure-led economic recovery in Australia, and elsewhere, the listed infrastructure sector has been looking decidedly unloved of late. And much of the sector’s underperformance against the broader market this year has not been justified in terms of company earnings. Guiseppe Corona, the London-based head of global…

Rio Tinto Ltd (ASX:RIO) today announced that CEO Jean-Sebastian Jacques; head of iron ore, Chris Salisbury; and head of corporate affairs, Simone Niven, will be stepping down from their roles following the Juukan Gorge incident. While someone losing their job should never been seen as a positive, is this the first high-profile ‘win’ for the…

A focus on oil and gas abandonment and implications for the ASX.

Just when you thought it was over. Coronavirus strikes again.

What we have learned from the Covid-19 crisis

The requirement to quarantine created the perfect conditions to push virtual meetings past the tipping point to general adoption. Are they here to stay?

Market risks appear more balanced, quality companies poised to win market share.