ASX Market Outlook – 17th March 2025
Summary of Last Week The week that was ended with the US S&P 500 slipping into correction territory while the ASX 200 managed to stay above water with solid price appreciation from the big mining companies. Uncertainty, the bane of investors worldwide, entered global markets en masse as US policy on tariffs bounced back and…
A-VIX Index (XVI) Up 42% YTD as Markets Continue Downward
Australian markets continued to come under pressure today, as the ASX200 hit new lows of the year in dropping 1.32%, down at 7,786.20. Sentiment has firmly shifted, with the major index down 5% YTD, impacted by the U.S. decision to levy a 25% tariff on Australian steel and aluminium exports. The decision by President Trump…
Safeguarding Your Assets: ATFX’s Commitment to Trust and Security
A prominent global exchange recently experienced a high-profile cyberattack, leading to a staggering loss of $1.46 billion in digital assets. The breach occurred as attackers leveraged sophisticated techniques to exploit vulnerabilities within the cold wallet infrastructure—a stark reminder of the growing risks facing the digital financial realm. As cyber threats escalate, it is imperative for…
Rio Tinto Shares Gain as Goldman Sachs Add To Conviction List, Shipments Resume
Rio Tinto’s share price (ASX: RIO) gained 3.56% today, bringing the stock close to neutral on a year-to-date basis, following the resumption of shipments from one of its key facilities in Western Australia. This development was positively received by the market, with the inclusion of the stock in Goldman Sachs’ European Conviction List another notable…
Macquarie Group Appoints David Chang as Head of Wealth Distribution in Asia
Macquarie Group Ltd (ASX: MQG) has announced the appointment of David Chang as the Head of Wealth Distribution in Asia, effective March 2, 2025. The move is part of Macquarie’s strategy to strengthen its presence in the Asian market and enhance its distribution capabilities across the region. David Chang brings extensive experience and expertise to…
Sonic Healthcare Dividend Declared as Future Strategy Shifts
Sonic Healthcare Limited (ASX: SHL) has declared a dividend of A$0.44 per share, scheduled for payment on March 20th. This announcement comes with a dividend yield of 3.8%, reflecting the company’s ongoing commitment to providing returns to its shareholders. In recent years, Sonic Healthcare has maintained a high payout ratio, distributing 94% of its earnings…
BHP Continues Copper Investment Push
BHP (ASX: BHP), one of the world’s largest mining companies, is intensifying its search for copper resources. This strategic move is largely driven by the increased demand associated with the global energy transition. However, the company faces the challenge of a shortage of high-quality copper deposits. Copper has become a significant focus for BHP, now…
Rio Tinto Shares Moved Red YTD as Listing Structure Comes Under Focus
Rio Tinto shares (ASX: RIO) moved red year-to-date, down 2.70% as London-based hedge fund Palliser Capital urged the company to allow its Australian shareholders to participate in a vote regarding a resolution for a dual listing. This move comes as part of Palliser’s continued efforts to engage shareholders in significant company decisions. Rio Tinto, a…
Ampol Shares Dip as Strategy Shifts
Ampol’s shares (ASX: ALD) ended the day down 2.57% today, bringing the cumulative 1 year decline to an underwhelming 29.41%. The company, a major player in the Australian oil refining and marketing sector, is experiencing a challenging period due to declining refining conditions. Despite a surge in fuel demand reaching record highs, the company faces…
Wesfarmers’ Dividend Raised as Profits Rise
Wesfarmers’ shares (ASX: WES) have set off 2025 impressively, with gains of 8.68% year-to-date seeing the company to a new all-time-high of $79.43. Today’s 1.33% gain comes as the company reported profits that beat expectations, despite some potential tariff risks on the horizon. The company, a well known retailer of names such as Bunnings and…
