Finally, some positive action at AMP AMP Ltd (ASX:AMP): Management at AMP finally bowed to public pressure with Chairman David Murray, Director John Fraser and recently appointed CEO of AMP Capital Boe Pahari all stepping down over the weekend. Importantly, Debra Hazelton who is also a board member of the Treasury Corporation of Victoria will…
Market flat for the week, positive lead from the US, manufacturing recovering The ASX 200 finished 0.2% lower for the week, down just 0.1% on Friday, despite a strong US lead. Suncorp Group Ltd (ASX:SUN) was the highlight, beating expectations despite reporting a 33% fall in profit and finishing up 11% for the day. Over…
Market flat for the week, positive lead from the US, manufacturing recovering The ASX 200 finished 0.2% lower for the week, down just 0.1% on Friday, despite a strong US lead. Suncorp Group Ltd (ASX:SUN) was the highlight, beating expectations despite reporting a 33% fall in profit and finishing up 11% for the day. Over…
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…
The market (ASX:XJO) finished at a six month high, adding 0.7%, as the reporting season went up another gear.
Clearly, we should have seen it coming. A launch party full of B-grade celebrities on a pristine beach in a cyclone ravaged region, it had all the hallmarks of a disaster. This week saw the regulator taking action against the Mayfair Platinum Group, including its subsidiaries IPO Wealth, Mayfair 101, and M-Notes among others. The…
Exchange Traded Funds or ETF’s are an increasingly popular investment choice due to their low cost and market benchmark exposure. We take a closer look at the inner workings of these unique options below.
The ASX 200 (ASX:200) finished an important week 2.0% higher after adding 0.6% on Friday.
The ASX 200 (ASX:200) finished an important week 2.0% higher after adding 0.6% on Friday.
The ASX 200 (ASX:XJO) started the day strongly, but finished on its lows (-0.7%) as investors digested a flurry of earnings reports from AMP Ltd
