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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…

A rare losing week for markets, Tyro (ASX:TYR) takes a hit, Afterpay (ASX:APT) overtakes Telstra (ASX:TLS) The ASX200 (ASX:XJO) finished flat on Friday, sending the index to its first negative week in over a month, down 0.6%.  Afterpay Ltd (ASX:APT) was once again the standout, moving 10.0% higher and overtaking Telstra Corporation (ASX:TLS) as it moved to a market capitalisation…

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…

Global multi-asset investment platform eToro has revealed its Top Ten most-bought stocks by Australian retail investors. 2021 portfolios look very similar to those of 2020 as investors pile into a mixture of high-growth stocks in industries such as electric vehicles (EVs) and the sharing economy, as well as stocks that support the global pandemic relief efforts….

Victorian-based veterinary products and services provider Apiam Animal Health (AHX) is a stock that taps into two strong tailwinds. The first is Australians’ love of pets. Even before the pandemic, Australians spent $12.2 billion a year on their pets – feeding them, adopting them, and buying them toys, accessories and services – and that amount…

Firmer finish for ASX, Afterpay (ASX:APT) on fire, China exports surprise The ASX200 (ASX:XJO) finished another 0.4% higher on Thursday with Afterpay (ASX:APT) a key contributor, jumping 9.7% and sending the entire tech sector up 4.7% for the session. The trigger appeared to be the listing of US competitor Affirm (NASDAQ:AFRM), which jumped 98% upon listing and seems to be bringing…

WLTH is a brand-new financial services neo-platform providing Australians with a smarter, sustainability-focused solution to financial products but particular residential and commercial loans. WLTH is the latest ‘non-bank’ digital lending and payments platform seeking to disrupt the financial services industry in Australia. The launch follows the recent shutdown of neo-bank Xinja after it failed to…

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…

ASX200 slide continues, tech darlings under pressure, Altium (ASX:ALU) revenue falls, weaker open ahead The ASX200 (ASX:XJO) couldn’t hold sustain early gains, falling another 0.3% on Tuesday with the financial sector the only real positive. National Australia Bank (ASX:NAB) lead the sector higher adding 1.1% as signs of higher bond rates are likely to support higher net interest…

As 2020 came to a close, I attended AMP Capital’s 2020 review and outlook for 2021, titled From Pandemic to Recovery,” at which the star speakers were the firm’s chief economist, Shane Oliver, and senior economist, Diana Mousina. Oliver began by acknowledging that 2020 “had certainly been an unprecedented year for Australia and global markets,…

Managed discretionary accounts (MDAs), or managed portfolios as they are more commonly known, have grown in popularity in recent years, primarily on the back of demand from financial advisers to assist in managing their clients’ capital. Yet few still understand how they actually work and what benefits they can provide investors and advisers alike. In…

With 2020 behind us, the first year of the pandemic is now history, but recent headlines suggest it is far from over. The virus continues to spread, intermittent lockdowns have become the norm and Australia will soon roll up its sleeves after securing 53.8m doses of the AstraZeneca and 10m doses of the Pfizer vaccines….