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Market gains on huge day of reporting, CSL returns to profit, Santos delivers records

The local market overcame a brisk selloff in giant healthcare group CSL (ASX: CSL) to post another 0.3 per cent gain. The consumer sectors were the key drivers, with staples and discretionary finishing 1.7 and 1.4 per cent higher respectively following Walmart’s strong report overnight. The property sector also benefitted from a strong report by…

Drew Meredith | 18th Aug 2022 | More
Rally continues, BHP delivers record dividend, Challenger profit slumps

The Australian share market is showing few signs of slowing down, delivering another positive day with a 0.6 per cent gain. Daily moves are being driven by a generally positive reporting season with the materials, up 1.7 per cent, the key winner alongside healthcare and consumer staples. Both energy and property retreated one per cent…

Drew Meredith | 17th Aug 2022 | More
Market buoyed by rate outlook, earnings season accelerates, Nearmap gets a bid

The local bourse opened the week on a positive note, gaining 0.5 per cent despite a more mixed day across the sectors. Energy and financials were the primary detractors falling 0.8 and 0.2, with reversals in Beach (ASX: BPT) and Bendigo Bank (ASX: BEN) which were down 11.1 and 8.4 per cent on weak updates….

Drew Meredith | 16th Aug 2022 | More
  • Wealth platforms failing for advisers: Research

    Findings from the 2022 Adviser Technology Needs Report highlight the need for a better investment platform system

    Ishan Dan | 15th Aug 2022 | More
    Weakening into the weekend

    The Australian market limped into the weekend, with the benchmark S&P/ASX200 index on Friday finishing down 38.5 points, or 0.54 per cent, to 7032.5, while the broader All Ordinaries lost 36.6 points, or 0.5 per cent, to 7288.8. The energy sector was the only shining light, up 2.3 per cent for its best day in almost…

    Drew Meredith | 15th Aug 2022 | More
    US inflation news buoys market

    Australian shares followed the US market higher on Thursday after the world’s largest economy reported easing inflationary pressures, helping to lower interest rate expectations. The benchmark S&P/ASX 200 gained 78.3 points, or 1.1 per cent, to close at 7,071 points, while the broader S&P/ASX All Ordinaries rose 86.7 points, or 1.2 per cent, to 7325.4 points. Most…

    Drew Meredith | 12th Aug 2022 | More
  • Diverger forced to walk away from Centrepoint takeover bid after talks fail to progress

    A merger that would have created the third largest licensee is cancelled.

    Ishan Dan | 11th Aug 2022 | More
    A great way to play the booming natural gas market

    Longreach taps into the LNG market supported by projects in Texas & Oklahoma.

    Ishan Dan | 11th Aug 2022 | More
  • Invesco’s Tarun Gupta explains how factor investing helps generate consistent alpha

    How a star quant analyst used his poker skills to take on calculated risks and deliver outstanding returns

    Ishan Dan | 8th Aug 2022 | More
    The changing face of fixed income

    Bill Prendergast discusses the role of fixed income and its role in portfolios today.

    Ishan Dan | 8th Aug 2022 | More
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