Financial

Why are IAG shares down despite posting AU$347M profit?

July 22, 2022 12:47 PM AEST | By Ashish

Insurance Australia Group Ltd (ASX:IAG) swung back into profit in FY22 after having reported losses in the prior financial year

BKI reports 175% NPAT gain in FY2022, shares rise on ASX

July 20, 2022 12:02 PM AEST | By Ritwika

BKI shares began trading in green today, followed by an announcement of the company's record financial performance in FY22.

Hub24 (ASX:HUB) reports Q4 FY22 results; shares close in red

July 19, 2022 06:28 PM AEST | By Ritwika

Hub24 shared update of its Q4FY22 performance updates on the ASX. Hub24 ended today's trading session in the red territory.

From CBA to NAB: How are ‘big four’ banks faring after ANZ-Suncorp d...

July 19, 2022 03:37 PM AEST | By Ritwika

ANZ and Suncorp signed an important deal yesterday. In this article we have discussed how the shares of the Australian 'big four' banks are faring on...

QBE opens lower on ASX today, here’s why

July 19, 2022 11:49 AM AEST | By Ritwika

QBE has opened trading in red today, followed by its pricing promise review update

ANZ (ASX:ANZ) acquires Suncorp’s banking business for AU$4.9B, SUN s...

July 18, 2022 12:51 PM AEST | By Sonal Goyal

shares of ANZ are not going anywhere today as the company proposed acquisition of Suncorp bank for AU$4.9 billion and equity raise of AU$3.5 billion.

From Zip to Sezzle: Why ASX BNPL stocks were hammered in FY22

July 16, 2022 07:00 AM AEST | By Ashish

Buy-now-pay-later (BNPL) shares were among the most affected shares in FY22, with many market leaders shedding over 90% of their value during the fisc...

Pendal (ASX:PDL) posts fall in FUM in June quarter, shares in red

July 15, 2022 11:59 AM AEST | By Sonal Goyal

Shares of Pendal Group (ASX:PDL) dropped on the ASX today after the company reported fall in its funds under management during the June quarter.

Netwealth (ASX:NWL) sees 32% increase in annual net inflows

July 14, 2022 12:26 PM AEST | By Sonal Goyal

Shares of Netwealth gained on 14 July 2022 after the company shared June quarter update today

Platinum (ASX:PTM) shares trading in red today, here’s why

July 13, 2022 11:58 AM AEST | By Bhawna Gupta

Platinum witnessed net outflows of over AU$304 million in June 2022. This includes net withdrawals of about AU$252 million from the Platinum Trust Fun...

ANZ, CBA, NAB, WBC: Australian' Big Four' under investors' radar

July 12, 2022 11:50 AM AEST | By Ritwika

The ASX 200 index recovered today. Six out of 11 sectors have traded in green today including the Financial sector.

How have CBA (ASX:CBA) shares fared in financial year 2022?

July 10, 2022 07:00 AM AEST | By Ashish

Commonwealth Bank of Australia (ASX:CBA) or CommBank is one of the most tracked banking shares on the ASX

GQG Partners’ (ASX:GQG) FUM declines in June, shares fall

July 08, 2022 04:22 PM AEST | By Bhawna Gupta

GQG Partners, a subsidiary of QVFT LLC, is a boutique asset management firm. It manages equities portfolios for investors, such as pension funds, sove...

Magellan (ASX:MFG) share price loses 73% in a year. Here’s why

July 08, 2022 02:49 PM AEST | By Sukriti Nair

Australian fund manager, Magellan Financial Group Limited (ASX:MFG) reports another month of net outflows; about AU$5.2 billion in June quarter. The...

Pinnacle (ASX:PNI) shares gain as it ‘crystallises’ performance fees

July 07, 2022 01:04 PM AEST | By Ritwika

The shares of Pinnacle has gained significantly on the ASX today followed by an update by the company which states that it has 'crystallized' its perf...

How are Bendigo Bank (ASX:BEN) shares reacting after ANZ deal?

July 07, 2022 01:03 PM AEST | By Ashish

Bendigo and Adelaide Bank on Thursday announced the acquisition of the investment lending portfolio of Australia and New Zealand Banking Group.

How are big 4 banks CAB, ANZ, NAB, WBC faring post RBA’s rate hike?

July 06, 2022 05:00 PM AEST | By Sukriti Nair

Reserve Bank of Australia lifted its cash rate yesterday, making it a 1.35%. CBA and ANZ Bank have indicated an increase in their variable interest ra...

How is NSW flood affecting ASX insurers SUN, IAG and QBE?

July 06, 2022 10:48 AM AEST | By Sukriti Nair

NSW floods get a ‘significant event’ status from ICA, insurers to align with claims. Suncorp Group has already declared an expected spike in claims, m...

Judo Bank (ASX:JDO) exceeds GLA target to AU$6.09B in June’22

July 05, 2022 01:20 PM AEST | By Ritwika

Judo bank shared updates from its June 2022 gross loan and advances on the ASX today. The company said that it has overachieved its target.

Magellan (ASX:MFG) shares tumble over 8%. Here’s why

July 04, 2022 04:02 PM AEST | By Sukriti Nair

Magellan Financial Group Limited’s (ASX:MFG) shares have dipped below 5% today (4 July). In fact, the MFG shares rank second in the top losers list on...

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