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Mixed day but higher finish, new highs for stalwarts, Woolworths disappoints The ASX200 (ASX:XJO) managed another small gain, adding 0.3%, powered ahead by the technology sector; Afterpay (ASX”APT) and Zip Co (ASX:Z1P) adding 3.5% and 2.5% respectively. With half the sectors down, it was the consumer businesses that were the biggest detractors, Woolworths (ASX:WOW) falling 3.9% after delivering lackluster third quarter sales figures….
This week we caught up with Michael Rees-Evans of Libertas Wealth Consulting. Michael has an impressive career spanning big business and boutique, spending time with Price Waterhouse and Accenture as a management consultant before embarking on a career in financial advice in 2002 with Hillross. Today he leads Libertas Wealth Consulting in Lane Cove. We…
Retailers at all-time highs, market to open strongly as tech rally continues The ASX 200 (ASX:XJO) fell another 0.8% today, as weaker than expected earnings result and more pessimistic view from the US Federal Reserve impacted sentiment. Most weakness came from the healthcare and financial sectors, representing a substantial portion of the market, however, the…
ASX shares opened lower on Friday with the All Ords index down 3% before midday on Friday, following overseas markets downward.Â