As advisers we tend to forget the incredible position in which we sit, as the stewards of client capital, with the power to determine what types of companies deserve or warrant additional investment. Our advocacy effectively provides capital to these companies to continue to grow and evolve.
The S&P/ASX 200 concluded up 1.2 percent, and the All Ordinaries also rose by 1.2 percent. Australia’s monthly consumer price indicator yielded an unexpected outcome on Wednesday, fuelling the share market to achieve its most robust single-day surge in over six weeks. The inflation gauge for July exhibited a drop to 4.9 percent from June’s 5.4 percent, catching numerous…
The S&P/ASX 200 finished lower on Monday down 0.5%, mirroring the subdued sentiment across Asia due to China’s central bank delivering a rate cut that fell short of investor expectations. The S&P/ASX 200’s weakest performers on Monday were information technology and consumer staples. Iress experienced the most significant fall, down 35.6 percent, after the company suspended its interim dividend…
The S&P/ASX 200 eked out a mere 2.1 points increase on Friday, which helped reduce its weekly decline to 2.6%. This marks the most significant weekly drop in the Australian stock market since September 2022. The mining sector bore the brunt of the markets downturn, plummeting 4.3% throughout the week due to a series of weak economic…
The S&P/ASX 200 Index plummeted -1.5 percent on Wednesday, reaching its lowest point in a month as all 11 sectors fell off the back of stronger US retail spending, and weak Chinese data. Stronger-than-expected retail spending from the US heightened concerns that the Federal Reserve may need to sustain higher interest rates to control inflation. US retail…
Winners were few and far between on the share market (ASX:XJO on Friday, with the benchmark finishing 0.2 per cent lower, with only the retail and healthcare sectors posting positive returns, up 0.8 and 0.3 per cent. Casino owner Star Entertainment (ASX:SGR) was the standout, with shares finishing 18 per cent higher after the company…
Despite the emotional expenditure required to hold someone’s hand in the darkest hours of their life, whilst retaining a high degree of professional acumen, it is both a responsibility and an honour. But it can leave a scar, writes Drew Meredith.
Investing in quality takes patience, as does investing sustainably. The convergence plays well for those looking to build a portfolio with ESG parameters, something Australian Ethical believes will benefit from net-zero tailwinds in the future.
The local market (ASX:XJO) managed a 0.2 per cent gain on Friday, overcoming significant weakness in the healthcare sector, which fell 1.2 per cent. Broader strength in the energy and technology sectors, up 1.1 and 1.3 per cent, were enough to overcome the weakness, with Karoon (ASX:KAR) gaining 4.2 per cent on higher energy prices….
The S&P/ASX 200 fell by -1.3%, and the All Ordinaries declined by -1.2% as markets consolidated gains and absorbed news across borders of US treasury downgrades by Fitch. Interestingly all 11 sectors finished in the red (whilst the day earlier all sectors finished in the green) with the largest detractors being utilities, financials, and real estate. In line with…
