Highlights Fatfish’s fintech subsidiary, ASEAN Fintech Group (AFG), has purchased 87.44% of JazzyPay. After the acquisition, JazzyPay will be valued at AU$2.4 million and settled by the issuance of 24,878 new AFG shares. Abelco Investmen...
Highlights AMP Limited and Dexus confirm that they are holding talks concerning the potential sale of the assets and businesses of Collimate Capital (earlier AMP Capital). Today AMP shares were spotted trading 0.66% higher at AU$1.070 per share...
Highlights In the March quarter, HUB24’s platform net inflows rose by 36%. The YTD net inflows, as of 31 March 2022, stood at AU$9.3 billion. Total funds under administration (FUA) stood at AU$68.3 billion. HUB24 Ltd (AS...
overvalued. National Australia Bank Limited (ASX:NAB) has come on investor’s radar, after the bank’s share price surged to AU$33.09, the highest level in the last four years. NAB shares have been consistently outperforming the broade...
s of banks. Despite the Australian share market seeing choppy trade in the past few weeks, banking stocks have managed to hold up. ASX-listed banking stocks have been the major drivers for ASX 200 Financials Index (ASX: XFJ) for the three months...
Highlights Netwealth has marked 16% surge in the funds under administration during the March quarter. Netwealth reported the largest FUA net inflows in the calendar year 2021, according to plan for life. Netwealth to launch non-custodial admin...
Highlights Bank of Queensland’s first-half profit increased by 38% to AU$212 million. Net interest margin (NIM) fell 12bps to 1.74%. Home lending was up 9% to AU$2.6 billion. Bank of Queensland Ltd (ASX:BOQ) on Thursday ...
Highlights COG has announced its Q3 FY22 unaudited trading results. The company is expecting an increase of over 45% in its NPATA. COG is expected to pay a fully franked interim dividend of AU$0.035 to its shareholders on 28 April 2022.&...
Highlights Pendal Group Ltd has announced its intention to begin an on-market share buyback of approximately AU$100 million post the declaration of its financial results for the six months to 31 March. Pendal’s financial results for the s...
Highlights Australian banking biggie National Australia Bank has closed the week’s trade in red. While ASX200 Banking Index (XBK) remained in green, up by about 0.61%, NAB share price lost some shine. Amongst the Big four banks, WBC and ...