December 4, 2019
**This is an extract from the Market Matters Morning Report from 2 December. Subscribers have the opportunity to ask questions of the Market Matters team throughout the week. Click here to get access ...
By Harry Watt
Financials
The S&P/ASX 200 Financial Index (XFJ) contains companies involved in activities such as banking, mortgage finance, consumer finance, specialised finance, investment banking and brokerage, asset management and custody, corporate lending, insurance, and financial investment, and real estate, including REITs.
November 29, 2019Stock Virgin Money (VUK) $2.83 as at 28/11/2019 Event The old Clydesdale bank, and prior to that the UK arm of NAB, has seen its shares rocket higher today following their full year result po...By Harry Watt
November 29, 2019**This is an extract from the Market Matters Income Report from 27 November. Click here to get access to the full report and more The AMP CFO and Treasurer were in yesterday to talk about the new...By Harry Watt
November 12, 2019Stock Commonwealth Bank (CBA) $80.21 as at 12/11/2019 Event CBA this morning provided a trading update that was strong, stronger than the other banks in terms of income growth which came in a...
November 7, 2019Stock National Australia Bank (NAB) $26.00 as at 6/11/2019 Event NAB is the last of the big 4 to report this period – with CBA running a June year end – and looks to be the only bank to h...By Harry Watt
November 1, 2019ANZ Bank (ANZ) -3.26%; the first of the banks to report this season and it certainly didn’t set the bar high. Net Interest Margin (NIM) decline accelerated in the second half, with the margin droppi...By Harry Watt
October 17, 2019Stock IOOF (IFL) $7.00 as at 17/10/2019 Event The turnaround in recent months for IFL continued today, with the stock leading the index gains by adding 10% so far in the session against the b...By Harry Watt
October 14, 2019**This is an extract from the Market Matters Income Report from 9 October. Click here to get access to the full report and more CBA this morning have a launched a new hybrid security, looking to ...By Harry Watt- August 28, 2019IOOF (IFL) -6.92% Reported FY19 earnings numbers this morning and the stock was down as a result. They missed on the profit line and they cut their dividend saying “In one of the most challenging ...By Harry Watt
August 28, 2019Stock Macquarie (MQG) $123.51 as at 28/08/2019 Event No shares in Macquarie Group will be changing hands today with the investment bank heading into a trading halt to raise a whopping $1bn in...By Harry Watt