Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1821 - 1830 of 8993 results for "ASX"

No golden ticket for super funds

ELIZABETH MCARTHUR  |  MONDAY, 27 APR 2020
... days. That means for Australian investors too gold did not deliver on its promise to hedge equity market falls. "On the S&P/ASX 200's worst day (10% fall), gold in AUD was flat. On the index's next worst days (dropping over 7%), gold was, respectively ...

Future Fund falls 3.4% in March quarter

KANIKA SOOD  |  MONDAY, 27 APR 2020
... Costello said the fund has prioritised reducing its exposure to illiquid assets over recent years. "In a quarter where the ASX 200 fell 23.1% and the S&P 500 fell 19.7%, the Future Fund recorded a negative return of 3.4% meaning that for the financial ...

Pay cuts, dividend slashed as NAB raises capital

JAMIE WILLIAMSON  |  MONDAY, 27 APR 2020
... will be the lower of the $14.15 per share placement price and the volume weighted average price of NAB shares traded on the ASX in the five days leading up to May 22, less a 2% discount. It will see about 212 million new shares issued which equates to ...

Markets react as antiviral drug disappoints

ALLY SELBY  |  FRIDAY, 24 APR 2020
... trading at 0.59 per cent," Rodda said. Gold on the other hand, jumped more than 1%, he said. At the time of writing, the S&P/ASX 200 had edged 0.29% higher, sitting at 5232.30 points.

ASX ups capital raise capacity

ELIZA BAVIN  |  FRIDAY, 24 APR 2020
... Exchange announced changes to the temporary lift in placement capacity from 15% to 25% and increased transparency rules. The ASX said the measures are conditional on entities either doing a follow-on accelerated pro rata entitlement offer or a placement ...

The next big short

ALLY SELBY  |  THURSDAY, 23 APR 2020
... going higher and higher, and not because of any fundamental value in the business." Companies that enter an index like the S&P/ASX 200 historically become more expensive on a multiples basis than when they're not in the index, Goldberg said, thus ...

Aussie ETF investors got oil bets wrong before crash

KANIKA SOOD  |  THURSDAY, 23 APR 2020
... States Oil ETF (USO), Bloomberg reported. Oil prices' crash has made OOO the worst-performing ETF for all listed on the ASX. It ended Friday down nearly -70% since the start of the year, as well as on a 12-month basis. On Thursday, BetaShares announced ...

The blame game

ELIZA BAVIN  |  THURSDAY, 23 APR 2020
... investing were not encouraged. In February, when markets entered a period of volatility not seen by many in this lifetime, the ASX lost an initial $130 billion. Prior to that, markets were at an all-time high, experiencing a 10-year bull run, so many ...

Members begin to turn on industry funds

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
New customer satisfaction data shows members' opinions of industry superannuation funds are starting to turn, after weeks of scrutiny over their performance during the COVID-19 crisis. According to Roy Morgan's latest superannuation customer satisfaction ...

Boutique launches new Aussie equities fund

KANIKA SOOD  |  THURSDAY, 23 APR 2020
... duo also co-manage the WHSP and BKI portfolios. The new strategy invests in Australian companies which sit outside the S&P/ASX 50 and pass its initial screening for profitability and ability to pay a dividend in near future. In March, the fund returned ...