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Commonwealth Bank’s (ASX:CBA) best week

ASX keeps delivering, Commonwealth Bank’s (ASX:CBA) best week since 2011, US markets flat It was a strong week for the Australian market, the ASX200 (ASX:XJO) heading 2.1% higher despite an ASX shutdown on Monday and a weak close on Friday.  The strength was clearly driven by the financial sector with CBA enjoying its best week…

Drew Meredith | 22nd Nov 2020 | More
Can we still trust CBA for dividends?

Is the Commonwealth Bank of Australia (ASX: CBA) share price a buy for dividends these days? The biggest Australian bank is currently holding its annual general meeting (AGM). CBA shares are up 1.4% at the time of writing, though it was up more than 2% in early trading. What was said at the AGM? Both the CEO…

Jaz Harrison | 21st Oct 2020 | More
ASX update; retail pain on show at Myer (ASX:MYR)

ASX holds onto gains, retail pain on show at Myer (ASX:MYR), another sell off to end the week The ASX 200 (ASX:XJO) managed to stave off weakness in the afternoon, finishing 0.5%, despite a much stronger lead from the US markets. The telecommunications and materials sectors including the likes of Telstra (ASX:TLS) and BHP (ASX:BHP)…

Drew Meredith | 10th Sep 2020 | More
  • ASX shares update; US markets down over 4%

    It’s back: US markets down over 4%, dividends the story of the day, a deal with the devil The ASX 200 (ASX:XJO) finished another 0.8% higher, with everything but the IT, materials and utilities sectors adding to the rally. As reporting season comes to an end, dividend payments are driving daily movements with BHP Group…

    Drew Meredith | 4th Sep 2020 | More
    ANZ shares at $18? 3 tips to analyse any bank stock in 2020.

    It’s been a big year for bank shareholders, but none more so than ANZ Banking Group (ASX: ANZ) shareholders… Firstly, keep in mind that its dividends were cut (“deferred”) amid the COVID-19 sell-off. Since then, things have continued to go pear-shaped as the Australian and Kiwi economies, politicians and central bankers struggled to understand the implications of Coronavirus….

    Drew Meredith | 1st Jul 2020 | More