Buy shares online asx

Posted: qwerty2100 Date: 16.06.2017

Shares rebound off their recent losses led by commodity plays and the banks as Westpac reports half-year profit figures, while media stocks surge on talk of deregulation. There was an overall positive feeling in global markets thanks to Macron's win in the French election which filtered through to local investors.

A short term rebound in iron ore futures prompted a strong opening from resources giants BHP Billiton, Rio Tinto and Fortescue Metals but concerns over an over-supplied market saw them fade throughout the afternoon. Energy stocks were the best performing sector, with healthcare and information technology stocks following closely behind.

There was solid buying support for the banks following Westpac's first half of result. National Australia Bank saw its share price jump the most inup more than 2 per cent, before closing 1. Commonwealth Bank and ANZ closed up 0. Australia's biggest oil producer Woodside Petroleum closed up 1. Media stocks soared higher, led by Network Tenfollowing plans to relax media ownership rules.

Investors punished retail stocks, with Myer tumbling 9. The likes of Super Retail Group, JB Hi-Fi and Harvey Norman all experienced a selloff.

buy shares online asx

Saudi Arabia's energy minister Khalid Al-Falih said today oil markets were rebalancing after years of oversupplybut that he still expected the OPEC-led deal to cut output during the first half of the year to be extended. OPEC, of which Saudi Arabia is the de-facto leader, as well as other producers including Russia, pledged to cut output by almost 1.

The comments from Al-Falih and rising prices came after steep falls last week due to ample supply in countries that aren't participating in the cuts, including the United States where output is soaring.

A decision on whether to continue the production cuts is expected at OPEC's next official meeting on May More importantly, while the rig count is still well below it speak of around inoil output is close to record levelsCBA analyst Vivek Dhar notes see chart.

Domino's Pizza has been hit with a landmark fine for failing to comply with the rules governing franchise chains. Fairfax Media revealed in February, Domino's had failed to release information to franchisees on how money levied from stores for marketing was spent which is a requirement under the code.

Store owners pay between per cent of sales as a levy to fund advertising and marketing campaigns. But then they will start paying back. This is the worst time. What's happening is I don't have old customers, so nobody's paying me back. So I'm building it up. In another year, they'll start paying me back. Meriton's balance sheet is strong enough to extend finance to its customers.

buy shares online asx

Now it's gone down. That is the biggest problem. It was proving a problem for Chinese customers, who regarded Australian property investment as a way of securing wealth outside of Chinaand had never previously encountered problems with sending money out, he said.

He will pay, no question. So the banks should be allowed to lend to them. But that's bullshit — the fact is, they all pay. Show me one who didn't pay.

We should allow them. Today's slump in building approvals Iron ore's attempt at a rebound lasted just a few short hours as investor concern over robust supplies, including near-record port stockpiles, and speculation some traders in China were rushing to offload holdings combined to snuff out a brief gain in prices.

buy shares online asx

The most-active contract on the Dalian Commodity Exchange fell 4 per cent by the midday breakreversing Friday's late surge. Rising supply and the weakness in steel prices, spurred by worries over softer consumption, have dragged down iron ore, said Commonwealth Bank of Australia analyst Vivek Dhar. Leaders from 28 countries will gather in Beijing on May 14 to 15 for talks on what China formally calls the "One Road, One Belt" plan that envisions expanding trade and energy links between Asia, Africa and Europe underpinned by billions of dollars in infrastructure investment.

China typically orders industrial plants to cut or limit production to help clear the skies ahead of a major event such as when it hosted the G20 Summit in Hangzhou last year. In particular, policy makers have targeted infrastructure investment," he said. In their weekly money flow analysis, Bank of America-Merrill Lynch strategists call these "risk-off" flows.

They brand the 1 per cent growth in US GDP over the first quarter as "risible". Also contributing, they say, is disappointment around the progress of Trump's pro-growth fiscal agenda and worries about China. Indeed, investor positioning in yr Treasury bonds is at a nine-year high, the investment bank's data shows. That is, traders are "long more duration than at any time since March ". This extreme bias to be long bonds is a pretty solid contrarian signalBoA reckons. But back then, as the chart shows, the "mania for equities" was much more advanced than now.

Chinese trade is still growing rapidly but shipments are beginning to slowwith cooling domestic demand weighing on imports. The slowdown in imports growth in April mirrors the softening commodity price growth in the month, ANZ economist Betty Wang said. In terms of volume, imports iron ore declined 2. Some more on Fairfaxyes, yes, the overlord of this blog: It's cheeky, the way they've structured it. Martin Currie Australia's Patrick Potts said the bid for Domain, the publisher's major metropolitan titles, events and digital ventures undervalues those businesses and leaves Fairfax shareholders structurally challenged assets.

To TPG, I would suggest make an all company bid and they can take the risk around some of those structurally challenges assets in the stub leftover assets. The problems flagged were the price of the bid and shareholders being left with the rest of the business TPG doesn't want. Sources suggested shareholders might be warmer to a higher bid, or a bid for the entire company. Two brokers have take opposite tacks.

On the other hand, there is Bell Potter, which is now recommending its clients buy the stock in an evangelical note titled "Mine eyes have seen the glory". After adding 9 per cent this year and following a 46 per cent rally over 12 months the question now is: Let's start with the "yes" camp.

Describing Friday's profit result as "a cracker ", Lim has upped his earnings forecast by 5 per cent. The reckon Friday's result "disappointed" on the revenue side, with cost cutting and a lower tax rate explaining the good bottom line. But in their overall view, the long term investor will still do well out of Macquarie:. While there are always a number of swings-and-roundabouts in revenue given MQG's transactional nature, we believe a broadly flat revenue outcome in FY18 would be a reasonable outcome given the substantial proprietary gains on sale generated this year.

We continue to be supporters exchange rate sterling euro 2016 MQG and see material upside over time mainly questionnaire on stock market volatility index 2016 operating leverage.

We think ongoing evidence of cost reduction needs to be demonstrated to justify further share price appreciation. China's foreign trade growth has slowedwhile the country's trade surplus jumped. The trade surplus ballooned to And inTPG acquired PRIMEDIA, now known as RentPathwhich claims to be the leading 3 duck trading system pdf real estate rentals platform in the US.

So far so good. But when it comes to traditional media businesses though, the picture gets a little bit more interesting. The deal was a "a symbol of the excesses of the credit bubble ", the Financial Times wroteand "a period the private equity sector would prefer to forget". It was a top of the market pricethe eighth-biggest leveraged buyout in history, according to the Wall Street Journal, and just before risk premium put option onset of the global financial crisis wrought havoc on asset valuations.

Online Trading and Investing | Shares, CFDs, Options, & Forex

That would deliver a substantial boost to markets rip forex traders financial times year-end, which is currently not priced in.

He warned that Spotless shareholders would be giving away the upside that was coming if they sold out in the bid. The strategy reset is clear and we have made the strategi trading forex mingguan to drive growth from this unique platform," Mr Hounsell said.

Downer already holds a Mr Hounsell said the Downer offer had been pitched relative to an all-time share price low and if Spotless shareholders accepted the offer they would be "allowing Downer's shareholders to take the benefits of Spotless' expected growth and synergies". He said a better option was to reject the bid and "continue as a shareholder shanghai stock exchange composite index google finance standalone Spotless and enjoy the benefits of our expected growth and strategy reset".

The savage downgrade comes trik forex profit konsisten than a month after retailer Solomon Lew's Premier Investments snapped up a Investors believe Premier's stake could be the precursor to a full bid for Myer by Mr Lew, who said last month he had no "current" plans to make a takeover offer, or could be used as a blocking stake in the event of a takeover by South African retailers Woolworths or Steinhoff International.

Mr Saligari said Myer was facing several major headwindsincluding the expansion of discounter TK Maxx and online juggernaut Amazon, which last month confirmed plans to roll out its full suite of retail products and services over the next few years. TK Maxx and Amazon could create "significant problems" for Myer, he said, as both sell premium branded product, TK Maxx at significantly discounted prices.

Mr Saligari said Amazon's expansion was likely to accelerate the consumer spending shift away from bricks and mortar to onlineparticularly in categories such as home wares, clothing and beauty, which generate the bulk of Myer's sales and earnings. Aust business confidence now pretty strong Nice rise in NAB business confidence fwd buy shares online asx to the highest level since early - business tax cuts a likely driver ausecon pic.

Markets Live: Vive la bounce!

Also positive was another rise in the employment sub index in NAB survey - suggests trend employment growth could pick up ausecon pic. Aussie building approvals by state: Below peak in each state ausbiz property pic. High-rise unit approvals look like a chart of a stock market crash ausbiz ausproperty pic. Over the 12 months to March building approvals were down Approvals for private sector houses fell 4. The big miss has pulled the Aussie dollar down two-tenths of a cent to the day's low of US Investors are shrugging off the strong NAB business survey as well as solid ANZ job ads numbers.

Job ads rose 1. After tracking around 5. Meanwhile, business conditions and confidence remain well above the long run average, and capacity utilisation now sits at its highest level since A measure of business conditions jumped in April to highs not seen since with sales and employment all at levels that bode well for a pickup in economic growth in coming months.

He said business conditions were a bit stronger than expected partly because the level of conditions in Queensland did not deteriorate as much as first thought in the wake of Cyclone Debbie.

Other indicators were more mixed, with the capacity utilisation rate dropping back, consistent with weaker capital expenditure, while forward orders were also slightly softer in the month. Current page Live Article Posts 1. View post s Dismiss.

Buying and selling shares - ASX

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Video News Sport Business Entertainment Lifestyle Travel Property Cars Food Exec Style Parenting. Home Business Markets Live. Patrick Commins and Jens Meyer. Media stocks are soar, led by Network Ten, following plans to relax media ownership rules Business conditions rise to decade-high in NAB survey, while confidence finally catches up No surprise: Sort posts by Newest Oldest.

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How to Buy Shares in Australia - Market Index

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