ASX

And that’s a wrap. Another positive earnings season, with 47 per cent of the S&P/ASX 200 Index beating on revenue estimates and 44 per cent beating on EPS (earnings per share) estimates. Ausbil Investment Management has released its reporting season wrap and outlook for earnings going forward. Here are the highlights: HY22 was another positive…

Hong Kong stocks are on a tear, rising some 7 per cent in the past week at the time of writing, boosted by the tech sector. It’s all to do with the US regulators wanting to delist Chinese stocks. China’s Securities Regulatory Commission is considering allowing US officials to inspect documents on firms that don’t…

The ASX 200 has fallen 5.5% in 2022 as inflation fears spook investors. Inflation reached 7.9% in the United States. It’s not nearly as bad in Australia, but 3.5% is still well above what economists prefer. Here are three ASX 200 shares to buttress your portfolio against inflation. 1. Woolworths Group Ltd (ASX: WOW) Woolworths is…

It could be a smart move to consider ASX blue chip shares during this period of intense volatility since the start of the year. Blue chips are typically ones that have strong positions in the market and can offer more reliability in times of economic difficulties. I’d only want to go for opportunities that are showing…

Reporting season is over. Companies are cashed up following what was a stronger-than-expected interim earnings season despite facing a myriad of uncertainty-ridden events such as the lockdowns, restrictions and border closures, supply chain constraints, rising inflation and the war in Ukraine. While 2021 was generally a positive year, the outlook for 2022 is mired in…

The pandemic combined with the invasion of Ukraine has sent global commodity markets into flux. Commodities ranging from grain to crude oil are surging to near-record levels with 2020’s demand weakness offset by 2022’s significant supply-chain issues. In an environment of growing volatility and inflation, investors are naturally seeking hedges for their portfolios with gold…

Despite the headwinds caused by Covid-19, its lockdowns and supply chain disruptions, the February 2022 reporting season delivered positive earnings momentum. Blackmore Capital’s Marcus Bogdan says net earnings upgrades to S&P/ASX 200 profits were  0.9% or $1.3bn, the second strongest result since the global financial crisis.  Bogdan goes on to say, “Reporting had some pleasant…

Last week, Amazon announced its first stock split, where each shareholder will receive 19 additional shares for every share they already own. This means an investor who has 10 shares will now own 200, but the total value of their holding will remain the same. A stock split is purely cosmetic and doesn’t alter the…

The Rio Tinto Limited (ASX: RIO) share price has dipped 4.6% today despite announcing the proposed acquisition of Turquoise Hill. Anchor your portfolio with these top 20 dividend growth ASX shares The iron price fell 6.2% overnight, leading to losses across the iron ore miners including Fortescue Metals Group Limited (ASX: FMG) and BHP Group Ltd (ASX: BHP). What is the offer?…

The Zip Co Ltd (ASX: Z1P) share price is down 80% over the past year as the buy-now-pay-later (BNPL) sector loses its shine. Excluding the March 2020 market crash, the Zip share price is at levels April 2019 (nearly three years ago!). Will the recent acquisition of US-based Sezzle Inc (ASX: SZL) turn things around? Let’s find out. Z1P share price…

The ASX share market has not been kind to some high-quality ASX growth shares. I’d be very happy to buy some of them. Share prices going down does not mean a business is lower quality. It simply means that sellers are willing to offload shares at a discounted price. I’m happy to take shares off their…

Investors are piling into the safe-haven asset following the crisis in Ukraine. Dubbed the “currency of last resort,” gold is often seen as a safe-haven asset in times of market turmoil, because it retains its value during a time of crisis. Going back in history, gold has been considered a store of value for quite…