AGL

All about the Benjamin’s, market flat but dividends galore, Telstra holds, AMP cuts The ASX200 (ASX: XJO) finished flat on Thursday with Rio Tinto’s (ASX: RIO) massive dividend dragging the stock 6.9% and proving too much for a resilient communications sector (+2.3%) to overcome. It was a broadly positive day with more sectors gaining than losing and reporting season ultimately driving…

Perth in lockdown, ASX flat for the week, retailers smashed  Perth has entered a ‘snap’ three-day lockdown following another hotel quarantine outbreak. Despite this, the market finished slightly ahead on Friday, 0.1%, and finished the week flat. The highlights over the week were Megaport (ASX:MP1) and Monadelphous (ASX:MND), which jumped 10.5% and 8.6% respectively. All attention has been on a number…

AGL Energy Limited (ASX: AGL) has just revealed a painful writedown; so is it a defensive ASX share idea? The AGL writedowns AGL announced today that it intends to recognise accounting charges of almost $2.7 billion after tax for its December 2020 result. The energy business explained that these charges reflect $1.92 billion in provisions for…

If clients are seeking advice on where opportunities are in the Australia share market, they should not overlook a group of Australian technology stocks that withstood the pandemic and have strong growth prospects. Macquarie Securities analysts reveal that some technology stocks have continued to grow throughout the COVID-19 crisis as the disruption has accelerated the…