Why reporting season is a cautionary tale so far
A difficult macroeconomic backdrop for listed corporates highlights why portfolio exposures are heavily tilted towards the quality end of the ASX 200.
Markets
ASX up as Kogan, ABB gain; Endeavour sinks after reporting
Ciarán Carruthers to leave Crown. Downgrades loom for Bendigo Bank, NIB. Perpetual’s impairment weighs. Kogan soars. Aussie Broadband jumps on first dividend. Kelsian tanks on capex guidance. Aviation reforms to improve competition.
Share tips a mixed bag after ASX winning streak finally falls over
Sleep disorders are a share market winner but pizza and plumbing are under pressure in new stock recommendations.
Fed’s Powell declares ‘time has come’ for rate cuts
Fed chair Jerome Powell tells closely-watched Jackson Hole summit that the central bank intends to act to stave off labour-market weakening.
BHP steeled for more declines in price of iron
Analysts expect a drop in demand from China to further the reduce cost of the steelmaking commodity as the world’s biggest miner prepares to publish results.
Telstra back in the winners’ circle but A-REITs go missing
The annual results season is offering clear signals; Telstra and CSL are firing again but there’s no such luck for ASX, Seek or Seven Media.
ASX earnings outlook trimmed as costs, commodities take toll
The ASX 200 has almost fully recovered from a US growth scare at the start of the month, but corporate earnings forecasts are being reined in.
The lone rule to follow for falling (and rising) markets
There’s only one rule that billionaire investor Howard Marks says is worth following during market selldowns, and it holds true for rallies too.
Why I love founder-led stocks
The research shows how founder-led stocks are big winners and the results season shows a string of local champions.
ASX 200 trims losses late, 10-day winning streak over; Inghams tanks
APRA slaps ANZ with $250m penalty after trading scandal. Rex administrators given more time to find buyer. Elanor scraps dividend. ASIC’s win in crypto firm fight. Inghams’ profit miss, mixed guidance. Legal battles weigh on Fletcher.
BOQ boss finally tackles ‘elephant’ lurking in his branches
Patrick Allaway’s radical overhaul delivers another blow to the concept of branch banking. His move is not without risks.
ASX rises for tenth straight day; Megaport, Collins, G8 dive
Weak guidance weighs on Megaport. Collins Foods’ first-half earnings warning. Dividend surprise lifts Northern Star. Super Retail hits record high on special dividend amid scandal. Richard White adds $1bn more to his coffers.
Investors should get ‘ahead of the curve’, says HMC founder
The probability of falling interest rates mean it’s time to get back into real estate assets and listed shares, says HMC Capital founder David Di Pilla.
Why Perpetual’s new boss faces the ultimate test
The incoming Perpetual chief executive has form in bringing big lumbering organisations together. Can he also pull them apart?
Why Fed chair Powell’s Jackson Hole speech is key for bull market
It has been a spectacular rebound, but the big question for stocks is whether Jerome Powell’s Jackson Hole upcoming speech will strike enough of a Goldilocks tone to keep it going.
ASX rises after late surge; Brambles, Healius, WiseTech top gainers
Energy sector dips while tech stocks soar. Santos, Corporate Travel, IAG, Domino’s down earnings miss expectations. Brambles’ $500m buyback wins over investors. New CEOs at Perpetual, Atlas Arteria as PEXA search begins. WiseTech hits record.
The under the radar companies making serious money
They may not be the biggest names on the ASX but companies like ARB, that was founded by a band of brothers in Melbourne’s suburbs, are seriously delivering for investors.
Hold is the new hike for RBA
The RBA board was clearly unhappy with the market pricing for rate cuts as of the end of July. So what does that mean for the more aggressive rate cutting path priced in by the market now?
ASX 200 rises; Judo top gainer; Yancoal leads declines
Inflation will be ‘slow to decline’: RBA minutes. Dexus sinks on FY25 distribution warning. Ansell’s result better than expected. Judo tops expectations. Reliance results ‘operationally strong’. Yancoal slumps on weak first-half. Baby Bunting, Monadelphous gain.
Impossible duo: Capital preservation and growth
Like world peace or zero-calorie Lamingtons, investment schemes promising capital preservation and growth are pure fiction.
Original URL: https://www.theaustralian.com.au/business/markets/page/23