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Financial
IAG boosts profit for FY22: How about other ASX insurance stocks?
July 22, 2022 06:33 PM AEST| By RitwikaToday IAG shares have closed in red, despite reporting robust profit in FY22. In this article we have we will see how other insurance companies like- SUN, QBE, and PSI has performed on the ASX today.
Why are IAG shares down despite posting AU$347M profit?
July 22, 2022 12:47 PM AEST| By AshishInsurance 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 RitwikaBKI 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 RitwikaHub24 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 deal?
July 19, 2022 03:37 PM AEST| By RitwikaANZ 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 ASX after this deal.
QBE opens lower on ASX today, here’s why
July 19, 2022 11:49 AM AEST| By RitwikaQBE 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 shares gain
July 18, 2022 12:51 PM AEST| By Sonal Goyalshares 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 AshishBuy-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 fiscal
Pendal (ASX:PDL) posts fall in FUM in June quarter, shares in red
July 15, 2022 11:59 AM AEST| By Sonal GoyalShares 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 GoyalShares 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 GuptaPlatinum witnessed net outflows of over AU$304 million in June 2022. This includes net withdrawals of about AU$252 million from the Platinum Trust Funds.
ANZ, CBA, NAB, WBC: Australian' Big Four' under investors' radar
July 12, 2022 11:50 AM AEST| By RitwikaThe 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 AshishCommonwealth 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 GuptaGQG Partners, a subsidiary of QVFT LLC, is a boutique asset management firm. It manages equities portfolios for investors, such as pension funds, sovereign funds, wealth management companies, and other financial organisations.
Magellan (ASX:MFG) share price loses 73% in a year. Here’s why
July 08, 2022 02:49 PM AEST| By Sukriti NairAustralian fund manager, Magellan Financial Group Limited (ASX:MFG) reports another month of net outflows; about AU$5.2 billion in June quarter. The fundie has also witnessed a lot of management and leadership board changes. In a year MFG shares hav...
Pinnacle (ASX:PNI) shares gain as it ‘crystallises’ performance fees
July 07, 2022 01:04 PM AEST| By RitwikaThe shares of Pinnacle has gained significantly on the ASX today followed by an update by the company which states that it has 'crystallized' its performance fees for FY22.
How are Bendigo Bank (ASX:BEN) shares reacting after ANZ deal?
July 07, 2022 01:03 PM AEST| By AshishBendigo 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 NairReserve 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 rates following the RBA’s cash rate hike. In this backdrop, let us also look at National Australia Ban...
How is NSW flood affecting ASX insurers SUN, IAG and QBE?
July 06, 2022 10:48 AM AEST| By Sukriti NairNSW floods get a ‘significant event’ status from ICA, insurers to align with claims. Suncorp Group has already declared an expected spike in claims, making its shares stoop on ASX. Peers IAG and QBE seem to be following the trend, despite previously...
Judo Bank (ASX:JDO) exceeds GLA target to AU$6.09B in June’22
July 05, 2022 01:20 PM AEST| By RitwikaJudo bank shared updates from its June 2022 gross loan and advances on the ASX today. The company said that it has overachieved its target.
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