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ASX falls 0.8%, China’s economic miracle

ASX falls 0.8%, retail in the spotlight, China’s economic miracle, QBE gets slammed The ASX200 (ASX:XJO) started the week on a negative footing, falling 0.8%. The discretionary retail (0.2%) and IT (0.5%) sectors were the only highlights but weren’t sufficient to offset a fall in the materials sector (-1.9%). It was the normal culprits pushing the market…

The Inside Investor | 18th Jan 2021 | More
Premier Investments (ASX: PMV) continues to deliver

The Premier Investments Limited (ASX: PMV) share price has jumped 17% after giving a HY21 update. Premier Investments is a retail business that’s behind several retail brands including Smiggle, Peter Alexander, Just Jeans, and Jay Jays. It also owns a large chunk of Breville Group Ltd (ASX: BRG) shares. HY21 update Premier gave an update about the first 24…

Contributor | 15th Jan 2021 | More
ASX flat as value rotation continues

ASX flat as value rotation continues, Premier (ASX:PMV) hits record  The ASX200 (ASX:XJO) eked out a 0.1% gain for the day, with the ‘value’ rotation in full swing. The strengthening oil price combined with a weaker USD sent the sector 4.2% higher, Origin Energy (ASX:ORG) and OilSearch Ltd (ASX:OSH) were the key beneficiaries, up 3.0% and 6.0% respectively. ORG has been further…

Drew Meredith | 13th Jan 2021 | More
  • ASX update; ASX 200 higher

    Loosening the reins, ASX 200 higher, banks rally, US recovers on stimulus hopes The ASX 200 (ASX:XJO) staged a stunning recover, finishing the day 1.5% higher leading to a 1.7% improvement for the week. The financial sector, up 3.7%, contributed over half the recovery on its own, ANZ Banking Group Ltd (ASX:ANZ) and National Australia Bank…

    Drew Meredith | 27th Sep 2020 | More