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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
As 30 June nears, is it time to make the tough decisions on these laggards?

And just like that, another financial year passes by before you even know it. Where did the year go? Well, to make the most of what’s left of this year, now is the perfect time to assess your capital gains tax position on shares and other assets purchased during this financial year. And yes, according…
Ishan Dan | 23rd Jun 2021 | More
ASX rallies after two-session slide

AGL CEO had enough, Brambles keeps shipping, markets break losing streak  The ASX200 (ASX:XJO) broke a two-day losing streak, shooting 0.8% higher as business conditions and investment intentions hit their highest level in 27 years. The energy and IT sectors were the main laggards, with energy falling 0.6% as India reported the highest number of new cases…
The Inside Investor | 23rd Apr 2021 | More
    • Buy, hold, sell?

    Buy:  Macquarie Telecom (ASX:MAQ) $49.41 Macquarie Telecom owns and operates a 43MW data centre (DC) complex located 15 minutes north of Sydney’s CBD, as well as offering customers cloud and telecommunication services. We think the risk-reward equation for investors at the current share price is attractive, with the expansion of the DC complex set to…
    Luke Laretive and Jack Reid | 14th Apr 2021 | More