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RBA spurs turnaround, energy sector surprise, Brambles profit hit The S&P/ASX200 (ASX: XJO) experienced a choppy session, initially falling 0.4%, before trading 0.5% higher but ultimately closing with a gain of just 12 points. Six of the 11 major sectors were higher led by energy which had its strongest day in seven months, gaining 4.4%. An oil…

ASX finishes higher, miners continue to run, Sydney Airport deal increased The ASX200 (ASX: XJO) overcame another negative lead to finish 0.3% higher with both energy and materials central to the positive result. The energy sector was 1.2% higher as the likes of Woodside Petroleum (ASX: WPL) and Santos (ASX: STO) gained on the back of approximately 1 million barrels of supply being…

Weekly Insights 6-10 September Economics here and abroad…AustraliaValue traders showed up on Friday after the week’s significant sell-off with the S&P/ASX200 (ASX:XJO) finishing 0.5 per cent higher. Almost every sector was higher, barring healthcare which fell 0.7 per cent after outperforming on Thursday, but by far the highlight was another rally in base commodity companies….

Last week, Australia hit a significant turning point in its fight against Covid-19. The Federal Government outlined guidelines for states to follow by reopening most sectors of the economy for people once 70% of adults in the state have had two vaccine doses as early as mid-October.   It’s a massive shift from what the…

Having quality and defensive ASX shares in a portfolio can be very useful if you’re looking for reliable profit. They may still be a bit volatile, that’s the price of investing in the share market. However, the two ideas I’m going to write about may have consistent operating earnings in the coming years with steady…

The active vs. passive debate has been raging for close to a decade now. From a macro level it is abundantly clear that passive has one. The sheer flow of assets moving into passive strategies has of itself driven this outperformance. For those new to investing, passive investing is better known as index-tracking, in which…

Buyers emerge, base commodities rally, blue chips weaken Dip buyers emerged on Friday after the week’s significant sell off with the S&P/ASX200 (ASX: XJO) finishing 0.5% higher. Almost every sector was higher barring healthcare which fell 0.7% after outperforming on Thursday, but by far the highlight was another rally in base commodity companies. Everything from aluminium to…

ASX shocker, flight to quality, smaller companies sold off The ASX200 (ASX: XJO) suffered its worst day in months falling 1.9% with 95% of the largest 200 companies share price’s dropping. Every sector was lower and significantly so, with the major selling pressure hitting the popular smaller companies, technology, and consumer sectors. The tech sector fell 3.2% on the back…

ASX weaker, Macquarie stands out, gas merger to go green The ASX200 (ASX: XJO) fell 0.2% on Wednesday continuing the negative week with materials continuing to push the market lower, down 1%. Real estate was also hit with the likes of Goodman Group (ASX: GMG) down 2.1% on higher bond rates. The highlight was the financial sector which finished 10.6% higher as Macquarie (ASX:…

The Australian IPO market is again heating up, with a handful of new listings hitting the bourse this week, many taking the opportunity to raise capital following the pandemic. According to the HLB Mann Judd IPO report, there were 74 IPOs in 2020, raising a total of $4.9 billion. The first half of 2021 has…

Markets flat, RBA expects economy to ‘bounce back’, tech sector hit The ASX200 (ASX: XJO) finished broadly flat on Tuesday, struggling to find direction after the long weekend in the US. Materials remain the biggest drag on the index as steel production curbs in China continue to push shares in Fortescue (ASX: FMG) and Rio Tinto (ASX: RIO) lower by 3…

Market rallies on China hopes, Fortescue goes ex-dividend, Healthco spikes The ASX 200 (ASX: XJO) recovered from a loss of as much as 1% to register a five-point gain on Monday. Fortescue Metals Group (ASX: FMG) was the biggest drag on the market, falling $2.28 or 11% after paying out $2.11 in cash as a special dividend. A…