ASX hits 14-month high, ANZ dividend surprise, Nearmap upgrades revenue guidance The ASX200 (ASX:XJO) reached a 14-month high, adding 0.4% and once again nearing a record. The primary driver was the healthcare sector, up 1.1%, with key constituent CSL (ASX:CSL) up 2.4% offering the majority of the support. Private hospital, imaging, and COVID-19 testing firm Healius (ASX:HLS) finished flat despite reporting…
ANZ Bank – 218% profit increase ANZ shares were lower after delivering a slight “miss” on earnings. ANZ’s cash profit rose 218%, to $2.99 billion, which came in at below expectations, but the dividend was better-than-expected. Management declared a 70 cents-a-share dividend, up from 25 cents a year ago, and just below the pre-pandemic final…
Hank Bronts from Castlerock Property goes in-depth with James Dunn from The Inside Network on government tenants delivering in tough times.
Nick Langley from ClearBridge Investments goes in-depth with Peter White from The Inside Network on the role of infrastructure in reaching net-zero emissions.
The value vs. growth debate has been played out in numerous ways for close to a decade. The results today are clear. Those who remained steadfastly invested in value stocks have significantly underperformed the benchmark and may well have left investors with less capital than the same time ten years ago. Traditional value stocks remain…
Falling out of the headlines surrounding AMP this week was the low-key decision for the group to shut its Dynamic Markets Fund and ETF (former ASX code DMKT). Established in 2000 and managed exclusively by Nader Naeimi for the last five years, the strategy struggled to gain traction, and assets, due to persistent underperformance. At…
