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Tech sell off drags ASX, banks, gamblers hit, Solomon ramps up push for Myer board spill The ASX 200 (ASX: XJO) followed a weak global lead to fall close to 1% on Friday, despite a late afternoon recovery. Every sector was lower across the board barring energy, which continues to benefit from the impasse between members of…
US Independence Day, mixed fortunes on the ASX, Sydney Airport takeover bid It was a rough start to the week for the ASX 200 (ASX: XJO) which opened as much as 1% higher before finishing broadly flat. Most sectors closed lower, IT and retailers were down around 1% with no overseas lead due to the US Independence Day holiday….
In a year of pandemic-forced lockdowns, record high government spending, lower corporate earnings and zero growth in interest rates, asking for a high dividend is a little Oliver Twist-like: “Please Sir, I want some more.” Even the most reliable of “reliable” dividend-paying companies ditched or lowered their dividend payouts because it simply wasn’t feasible to…
Victorian lockdowns extended, markets remain calm, Labor Day holiday in the US, ASX to open higher