October starts on the front foot, fiscal stimulus in focus, property improving October started better than September finished, the ASX 200 (ASX:XJO) finishing 1.0% higher as Prime Minister Scott Morrison began announcing his fiscal stimulus package and US Congress appeared to be nearing a deal on one of their own. The Federal Government is turning to…
ASX 200 falls 2.3%, oil price tanking on second wave concerns, utilities profits hit, US posts a positive finish The ASX 200 (ASX:XJO) finished Wednesday 2.3% lower taking the loss to 4.0% for the month; the first negative result since March and down -1.4% for the quarter. The energy sector led the losses, down 4.2%, as a combination…
ASX finishes flat, BOQ loan impairments increase, weak overseas lead market to open lower The ASX 200 (ASX:XJO) ultimately finished flat, after trading as much as 0.8% higher during the session. Industrials and tech companies offered support, adding 0.7% and 2.4% behind Sydney Airport (ASX:SYD) and Afterpay Ltd (ASX:APT). SYD reacted positively to news that the…
ASX opens weaker, travel rallies on Tasman bubble, strong open ahead The ASX 200 (ASX:XJO) finished 0.2% lower to open the week, increasing the likelihood of the first negative month since March. The real estate of A-REIT sector was among the few positives, with Scentre Group (ASX:SCG) and GPT Group (ASX:GPT) finished over 2% higher…
With the end of the month comes another round of investment manager portfolio updates. This week we move our attention to tech company valuations, with the Nasdaq 100 down close to 7% in the last month. The August updates from Hyperion Asset Management, one of the top-performing global equity strategies over the last 12 months,…
Loosening the reins, ASX 200 higher, banks rally, US recovers on stimulus hopes The ASX 200 (ASX:XJO) staged a stunning recover, finishing the day 1.5% higher leading to a 1.7% improvement for the week. The financial sector, up 3.7%, contributed over half the recovery on its own, ANZ Banking Group Ltd (ASX:ANZ) and National Australia Bank…
While the active versus passive debate rolls on, and on, across the investment world, some active managers have gone to the ‘dark side’, at least partially, by adding more quantitative inputs for new strategies, such as thematic investing. The concept of ‘thematic’ investing, which describes the strategy of identifying sectors of the economy expected to…
Volatility settles in, ASX falls, Westpac (ASX:WBC) whacked, positive start ahead The market looks to be ending the week on a negative note, the ASX 200 (ASX:XJO) falling 0.8% on Thursday, following a weak global lead. This was well above the lows of the session, at one point hitting -1.7%, with no sector spared. Westpac Banking…
I’m not sure about you, but it took me at least a few weeks into the first lockdown to really become comfortable with video-conferencing and engaging with clients in new and unique ways. If you still haven’t embraced the change, perhaps stop reading now…..With the initial hurdle passed, it’s time to move on to the…
Strongest day in three months, Service Stream (ASX:SSM) leads on NBN expansion, US sell of continues, ASX to open lower The ASX 200 (ASX:XJO) recovered strongly on Wednesday, bouncing 2.4% higher with just seventeen stocks finishing lower. The industrial sector lead the market higher, 4%, boosted by 4% behind a strong recovery in Transurban Group (ASX:TCL)…
