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ASX adds 24% in record-breaking financial year

ASX fades to small gain, 24% return for the financial year, Telstra’s buyback surprise The ASX 200 (ASX: XJO) managed to finish the financial year on a positive note, adding 0.2% on Wednesday with the communications sector the biggest contributor, up 2.7%. The result took the quarterly return to 7.7% and the financial year to 24%, the…
The Inside Investor | 30th Jun 2021 | More
ASX higher, CBA dividend boost

ASX higher, Commonwealth Bank (ASX:CBA) dividend boost, Lend Lease (ASX:LLC) CEO leaves, Crown Ltd (ASX:CWN) has an uncertain future The ASX200 (ASX:XJO) finished 0.5% higher, with every sector but consumer discretionary adding to returns. IT was once again the standout with both Afterpay Ltd (ASX:APT) and Zip Co (ASX:Z1P) hitting all-time highs as BNPL valuations took another leap forward. Whilst reported…
The Inside Investor | 10th Feb 2021 | More
2021’s David vs. Goliath battle

This week Wall Street witnessed a real-life David vs Goliath story that played out like a scene from a Hollywood blockbuster movie. Wall Street hedge fund managers were caught off-guard by an army of amateur traders who congregated together via the online forum Reddit to play out a classic ‘short squeeze/pump and dump’ scheme to…
Ishan Dan | 29th Jan 2021 | More
    • Robinhood and the fee free trading phenomenon

    Robinhood is the clear leader in a new trading sector dubbed “commission-free” trading. Google backed the platform called and it was launched to offer share trading services free of charge. Robinhood first introduced this concept five years ago to entice new investors to move away from traditional online broking systems run by the major banks….
    Ishan Dan | 2nd Sep 2020 | More