Markets

4 key themes to watch ahead of this year’s ASX200 reporting season

Earnings season in Australia is about to get into full swing, and ASX companies are expected to deliver earnings growth of around 9% for the 2018 financial year. Gains this reporting season are likely to be underpinned by the mining sector, UBS says. Rio Tinto announced last night that it’s […]
4 key themes to watch ahead of this year’s ASX200 reporting season
Markets

AUSTRALIAN STOCKS CLIMB, BANKS SURGE: Here’s what you need to know

Australian shares closed higher for the first time this week. Today’s scoreboard: ASX 200: 5,732.10 +44.71 (0.79%) All Ordinaries: 5,779.40 +41.25 (+0.72%) AUD/USD: 0.7935 +0.0018 (+0.23%) Bank stocks were the story of the day, surging higher following APRA’s announcement this morning on the level of capital that Australian banks need […]
AUSTRALIAN STOCKS CLIMB, BANKS SURGE: Here’s what you need to know
Markets

Australian bank stocks are flying

Australian bank stocks shot higher this morning following APRA’s announcement on capital requirements, and they’re picking up even more steam in afternoon trade. ANZ bank is leading the way, a short time ago up more than 4%. All other three majors are now more than 3% higher, with Westpac second […]
Australian bank stocks are flying