Markets

9 in 10 stocks fall, energy under pressure, but ASX to open higher after US relief As the saying goes, sharemarkets take the stairs up and the elevator down. The ASX 200 (ASX:XJO) followed the global lead finishing 2.2% lower, with all but 13 stocks in the index finishing lower. Energy companies including Woodside Petroleum…

US markets continue to fall, ASX to open lower, rent collections improve, payroll data The ASX 200 (ASX:XJO) continued its recovery, adding 1.1%, with every sector but Consumer Staples finishing higher. Healthcare was the highlight once again, CSL Ltd (ASX:CSL) continuing to see support following yesterday’s announcement of production agreements for COVID-19 vaccines, finishing 2.1%…

As Coronavirus cases drop, and talk of CSL’s contracts to manufacture vaccines (that is, AstraZeneca’s and/or the University of Queensland’s candidate, if they are successful) starts doing the rounds, hopefully it shouldn’t be too much longer before second-wave lockdown restrictions ease and the economy is back on track. That is the plan, notwithstanding any unforeseen…

Victorian lockdowns extended, markets remain calm, Labor Day holiday in the US, ASX to open higher The market responded positively to news that the majority of Victorians will remain under stringent lockdown measures well into November; the ASX 200 (ASX:XJO) finishing 0.3% higher. Transurban Group (ASX:TCL) was among the hardest hit from the announcement, with…

30th November 2020 Melb & Syd | Details

In this piece we compare two funds in the wholesale infrastructure space: AMP Capital Core Infrastructure Fund and Magellan’s Infrastructure Fund, both pioneers in the space with a great track record.

As Covid-19 cases drop, and talk of CSL’s vaccine starts, it shouldn’t be too much longer before lockdown restrictions ease and the economy is back on track.

Looking for hidden ESG gems: a new frontier for responsible investing with “improvers” The ongoing Covid-19 crisis is likely to bear long-term consequences on equity investing, reinforcing the ESG vs. traditional non-ESG equity divide, with the former enjoying large structural demand. Such trends emerge from the 2020 fund flows data available thus far, which show…

Worst day since May 1, US stems losses, ANZ suggests the worst is yet to come The ASX 200 (ASX:XJO) delivered its worst day since May 1, falling 3.1% on Friday, following the lead of global markets. With the US markets heading lower on concerns of technology sector valuations, the local sector fell 5.6% on…

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…

Investment markets are in the eye of the storm. The initial storm danger came as COVID-19 hit, decimating jobs and smashing demand.

Turnaround: markets look past recession to the future, AMP in hot demand, another positive lead ahead The ASX 200 (ASX:XJO) staged a remarkable recovery, adding 1.8% even as we received confirmation that the economy had contracted by 7% in the June quarter. The rally was broad-based with industrials and materials improving on the back of…