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Financial Planner’s market update – AMP cleans house, ASX 200 to open higher, Trump relents

The ASX 200 (ASX:XJO) overcame a weak lead from overseas markets to finish 0.3% higher, behind another rally in Wesfarmers Ltd (ASX:WES), up 1.5%.

Drew Meredith | 24th Aug 2020 | More
Finally, some positive action at AMP; All is not well in America; Fortescue pumping out records; Isolation beards boosting Shaver Shop

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…

Drew Meredith | 24th Aug 2020 | More
  • Finally, some positive action at AMP; All is not well in America; Fortescue pumping out records; Isolation beards boosting Shaver Shop

    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…

    Drew Meredith | 24th Aug 2020 | More
    Financial Planner’s market update – market flat for the week, positive lead from the US, manufacturing recovering

    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…

    Drew Meredith | 24th Aug 2020 | More
  • ASX shares update; market flat for the week, positive lead from the US, manufacturing recovering

    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…

    Drew Meredith | 24th Aug 2020 | More
    ASX shares morning update; market to open strongly as tech rally continues

    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…

    Drew Meredith | 21st Aug 2020 | More
    ASX shares morning update; healthcare the runaway winner

    The market (ASX:XJO) finished at a six month high, adding 0.7%, as the reporting season went up another gear.

    Drew Meredith | 19th Aug 2020 | More
    Tyro Payments fallen nearly 3% after delivering FY20 result

    The Tyro Payments Ltd (ASX: TYR) share price has fallen nearly 3% in late morning trade after the company delivered its FY20 result. Tyro is a finance and technology business engaged in the provision of merchant credit, debit and EFTPOS services. You might have used its software at a retailer or cafe and not even known it…

    Contributor | 19th Aug 2020 | More
    Ever wanted to know how ETFs really work?

    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.

    Drew Meredith | 19th Aug 2020 | More
  • Eaton Vance Monthly Market Monitor

    Embracing technology to improve profitability Net Wealth released their latest Adviser Tech white paper, once again exposing the slow adoption of technology in by financial advisers around the country. The report details the many new outsourcing and digital applications available to make advisers jobs easier, yet the industry remains hamstrung by the requirements of other…

    Contributor | 19th Aug 2020 | More
    Financial Planner’s morning report – ASX finished 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.

    Drew Meredith | 16th Aug 2020 | More
    ASX shares morning update; ASX finished 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.

    Drew Meredith | 16th Aug 2020 | More