Day: 28 August 2021

Are you interested in boosting your portfolio with some exchange traded funds (ETFs) in September?

If you are, then you may want to look at these highly rated ETFs listed below. Here’s what you need to know about them:

BetaShares Asia Technology Tigers ETF (ASX: ASIA)

If you want to gain exposure to the growing Asian economy, then the BetaShares Asia Technology Tigers ETF could help you achieve it. This ETF gives investors a slice of a number of the most promising tech shares in the Asian market.

This means you’ll be owning companies such as ecommerce giant Alibaba, search engine company Baidu, online retail platform Pinduoduo, and WeChat owner Tencent. These are some of the quickest growing tech companies in the region, with millions of active users and very bright growth prospects.

It is worth noting that the ETF has pulled back materially recently amid concerns over a crackdown by Chinese authorities. While this is disappointing, it could be seen as a buying opportunity for long term focused investors. Particularly given the extremely bright outlooks that the companies in the fund have.

BetaShares NASDAQ 100 ETF (ASX: NDQ)

Another ETF to look at is the BetaShares NASDAQ 100 ETF. It aims to track the performance of the NASDAQ 100 Index before fees and expenses. This index comprises 100 of the largest non-financial companies listed on the NASDAQ stock exchange. This includes many tech companies that are at the forefront of the new economy.

BetaShares highlights that this area of the market is underrepresented on the Australian share market. As a result, it feels the ETF could benefit investors that have large exposure to financials and mining companies and little exposure to technology.

The index has been tipped to continue its outperformance over the next decade thanks to the quality of the companies included within it. Among the companies you’ll be buying a slice of are global giants such as Alphabet, Amazon, Apple, Facebook, Microsoft, Netflix, Nvidia, and Tesla.

In respect to Apple, analysts believe it has a very bright outlook thanks to the strong demand for its iPhones, iPads, MacBooks, and Apple Watches. It also has a quick growing services business, which is generating significant recurring revenues. This business has over 600 million subscribers across its Apple Arcade, Apple Fitness+, Apple Music, Apple News, Apple Pay, and Apple TV+ offerings.

The post 2 top ETFs for ASX investors in September appeared first on The Motley Fool Australia.

More reading

• 3 excellent ASX ETFs for investors
• 2 ASX shares that may be worth looking at this weekend
• 2 strong ASX tech shares that might be good buys
• BetaShares ASIA (ASX:ASIA) ETF slumps amid China slowdown
• 3 quality ASX growth shares for August

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended BETANASDAQ ETF UNITS. The Motley Fool Australia owns shares of and has recommended BETANASDAQ ETF UNITS and BetaShares Asia Technology Tigers ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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How is the Westpac Banking Corp (ASX: WBC) share price faring in this month of August so far?

Good question. With earnings season accelerating in the week that’s just passed us by, it’s a great time to gauge the entire S&P/ASX 200 Index (ASX: XJO), of which, of course, Westpac is a major top-5 constituent.

The ASX 200 has had a bumpy month so far, but is still up roughly 1.3% at the time of writing.

So how has Westpac done?

Well, this ASX banking share started the month at $24.52 a share. As of Friday’s close, the bank was trading at a share price of $25.99. That means Westpac shares have given investors a return of roughly 6% for the month so far.

Let’s see how this compares with Westpac’s ASX banking brethren.

How does the Westpac share price measure up to the other ASX banks in August?

Well, Commonwealth Bank of Australia (ASX: CBA) has had a rather interesting August. As of current pricing, CBA shares are up a decent 1.9% over August so far, rising from $99.65 a share at the start of the month to Friday’s closing price of $101.54 a share.

But in the meantime, CBA did rise to a new all-time high of $109.03 shortly after it released its FY21 earnings report on 11 August. Although investors obviously sent CBA through the roof at the time, the shares are now down more than 6% from those highs.

Turning to Australia and New Zealand Banking Group Ltd (ASX: ANZ), and we get a similar story to CBA.

ANZ started the month at $27.71 a share and closed at $28.32 on Friday – representing a total gain of 2.2% for August so far. ANZ also got a meaningful boost when CBA reported its numbers, rising to a new 52-week high of $29.64 on 13 August. However, the shares have cooled off since, and remain down more than 4% from those highs.

NAB shares come out on top for August so far

And finally, we have National Australia Bank Ltd (ASX: NAB). NAB shares have performed similarly to Westpac over August so far, experiencing no pullback in the weeks since CBA reported its earnings.

NAB started the month at $25.92 a share and ended up on Friday at $27.64. That puts its August gains at 6.6% so far for August. That puts NAB on top of the ASX banks and makes it the best performing major bank over August so far, just pipping Westpac’s 6%.

Even so, Westpac shareholders should be happy with their returns over the month to date, seeing as they still meaningfully outperform the ASX 200 over the same time.

At Westpac’s last share price, the company has a market capitalisation of $95.42 billion, a price-to-earnings (P/E) ratio of 22.24 and a dividend yield of 3.42%.

The post How has the Westpac (ASX:WBC) share price performed against the banking sector in August? appeared first on The Motley Fool Australia.

More reading

• The NAB (ASX:NAB) share price has gained 10% in the last 6 months
• The ANZ share price has gained 6% in the last 6 months
• 2 buy-rated ASX dividend shares for income investors
• These were the best performing ASX 200 shares last week
• These were the worst performing ASX 200 shares last week

Motley Fool contributor Sebastian Bowen owns shares of National Australia Bank Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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All eyes will be on the Crown Resorts Ltd (ASX: CWN) share price come Monday. Australia’s largest wagering company is due to release its full-year results for the year ended 30 June 2021 (FY21).

Let’s take a look at how the Aussie wagering share reacted to previous earnings results ahead of Monday’s update.

The Crown share price lifted after February results

Shares in the casino operator climbed higher following its half-year results released on in February. Some of the key takeaways from that announcement included:

• Revenue down 62.1% on the prior corresponding period (pcp) to $581 million
• Operating cash flow down 82.7% on pcp to $72.3 million
• Earnings before interest, tax, depreciation and amortisation (EBITDA) down 99% on pcp to $4.4 million
• No interim dividend on ordinary shares.

They’re certainly not the numbers that investors would have hoped for back in February. However, the Crown share price seesawed in early trade but ultimately managed to climb higher.

Those gains have not been sustained in the months since. Crown shares are down more than 5% year to date despite a significant jump following takeover updates in March and May.

And last August?

It was a similar story when Crown reported its last full-year result in August 2020. Shares in the Aussie casino operator were resilient despite posting an 80.2% drop in net profit after tax.

The COVID-19 pandemic impacted on operations as government-mandated shutdowns alongside border closures reduced foot traffic and revenue generation at Crown’s casinos.

That wasn’t enough to put off investors, however, as the casino operator’s shares remained steady. It’s worth noting the Crown share price had already been smashed in 2020 prior to the August earnings season.

Foolish takeaway

Investors will be hoping for share price gains when Crown reports its FY21 results on Monday. The Crown share price closed up 0.32% at $9.32 on Friday afternoon with a market capitalisation of more than $6 billion.

The post The Crown (ASX:CWN) share price lifted last time the company reported appeared first on The Motley Fool Australia.

More reading

• Crown (ASX:CWN) share price lifts as controversial chair retires
• 10 ASX shares we’re overweight in right now: fund
• The Crown (ASX: CWN) share price lifts after last-ditch licence push
• Crown (ASX:CWN) share price edges higher despite Victorian lockdown
• Crown (ASX:CWN) share price gains as Coonan plans to step down

Motley Fool contributor Ken Hall has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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With a new month on the horizon, now could be an opportune time to consider making some new additions to your portfolio.

To help you on your way, I’ve picked out three ASX shares that analysts have tipped as buys. They are as follows:

Altium Limited (ASX: ALU)

Altium is an award-winning printed circuit board (PCB) design software provider. Over the last few years it has carved out a leading position in this growing market. It is now aiming to take things to the next level and dominate the market with its cloud-based Altium 365 product. One broker that is positive on the company is Credit Suisse. It currently has an outperform rating and $42.00 price target on its shares.

Aristocrat Leisure Limited (ASX: ALL)

Another ASX share to look at is Aristocrat Leisure. It is one of the world’s leading gaming technology companies. While the pandemic weighed heavily on its poker machine business, its digital business flourished and delivered strong growth. Pleasingly, both businesses are now pulling together, which appears to have positioned the company well for growth over the 2020s. Analysts at Citi are bullish on Aristocrat Leisure. The broker has a buy rating and $46.00 price target on its shares.

Megaport Ltd (ASX: MP1)

Megaport could be another ASX share to consider buying. It offers scalable bandwidth for public and private cloud connections, metro ethernet, and data centre backhaul. Megaport has networking equipment in hundreds of data centres around the world, which has created a software layer that provides an easy way for users to create and manage network connections. This means that through the Megaport network, users can create and run a global network with or without the need for physical infrastructure. UBS currently has a buy rating and $20.45 price target on its shares.

The post 3 fantastic ASX shares to buy in September appeared first on The Motley Fool Australia.

More reading

• 3 exciting ASX growth shares for smart investors
• The Megaport (ASX:MP1) share price is up almost 40% in 6 months
• 10 ASX shares we’re overweight in right now: fund
• Revealed: The biggest shocker from results season
• 3 top ASX growth shares that could be buys

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Altium and MEGAPORT FPO. The Motley Fool Australia owns shares of and has recommended Altium. The Motley Fool Australia has recommended MEGAPORT FPO. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Despite the turbulence of COVID-19, the Sydney Airport Holdings Pty Ltd (ASX: SYD) share price is having a year to remember.

At the close of trade on Friday, shares in Australia’s international gateway were trading for $7.90 – up 1.94%. The S&P/ASX 200 Index(ASX: XJO), meanwhile, finished the day 0.04% lower. Over 12 months, however, Sydney Airport shares are outpacing the ASX 200 by 22 percentage points (+44% vs. +22%).

Let’s take a closer look and see what’s going on.

Sydney Airport shares have taken off since last-year

The market, and in particular ASX travel shares, were coming off a particularly low base in late August 2020. The pandemic became a crisis only 5 months prior and Victoria was in the midst of what seemed to be a never-ending lockdown.

One possible reason for the Sydney Airport share price gains may be renewed optimism in the market. Vaccines are widely available and there is hope Australia’s international borders will open sooner rather than later.

Sydney Airport isn’t the travel company to see large gains in 52-weeks. The Qantas Airways Limited (ASX: QAN) share price is up 33.7% in that time whilst Webjet Limited (ASX: WEB) shares are 55.2% higher. A combination of a low starting price 1-year ago and increased investor expectations for travel shares could be fuelling this gain.

What else sent the Sydney Airport share price higher?

Another possible reason for the buoyant Sydney Airport share price may be the $23 billion takeover bid the company received in July.

On the day of the announcement, Sydney Airport shares rocketed 37% to $7.78 each. Since then, shares have gone even higher – reaching a new 52-week high of $8.04 at one point. The company’s board ultimately rejected the bid, claiming it “undervalued” the company and was “opportunistic”.

The consortium took a second bite of the cherry 2 weeks ago, but this bid too was dismissed.

Foolish takeaway

If history is any guide, if restrictions on travel (both internationally and interstate) aren’t lifted when expected, it could signal trouble for the Sydney Airport share price. Qantas is planning for international travel by the end of this year (when Australia is expected to hit 80% fully vaccinated). If we do hit that target, it will be up to the government to follow through on the plan.

While the Sydney Airport share price is up from this time last year, it is still below pre-pandemic levels. On the first day of 2020, Sydney Airport shares were trading for $8.44.

Sydney Airport Holdings has a market capitalisation of roughly $21 billion.

The post Why the Sydney Airport (ASX:SYD) share price has beaten the ASX 200 in the last year appeared first on The Motley Fool Australia.

More reading

• If you invested $1,000 in Sydney Airport (ASX:SYD) shares a decade ago, here’s what it would be worth now
• What Sydney Airport’s results could mean for Flight Centre (ASX:FLT) shares
• What could Sydney Airport’s results mean for Webjet (ASX:WEB) shares?
• ASX 200 Weekly Wrap: Miners drag ASX back to earth
• How do the Sydney Airport (ASX:SYD) results compare to Auckland Airport?

Motley Fool contributor Marc Sidarous has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Last week saw a number of broker notes hitting the wires once again. Three buy ratings that caught my eye are summarised below.

Here’s why brokers think investors ought to buy them next week:

Costa Group Holdings Ltd (ASX: CGC)

According to a note out of Credit Suisse, its analysts have retained their outperform rating and $4.15 price target on this horticulture company’s shares. Credit Suisse notes that Costa delivered a first half result in line with expectations thanks to a stronger than expected performance from its International business which offset weakness in the Domestic business. And while a lot rests on its Domestic business returning to form in the second half, the broker believes a re-rating could happen if it delivers on expectations for the full year. The Costa share price ended the week at $3.18.

IDP Education Ltd (ASX: IEL)

A note out of Macquarie reveals that its analysts have retained their outperform rating but trimmed their price target on this language testing and student placement company’s shares to $32.00. This follows the release of a full year result in line with the broker’s estimates. Macquarie remains positive on the future and believes that its growth drivers remain in place. It continues to expect IDP Education to be a big winner once the pandemic passes. The IDP Education share price was fetching $29.24 at Friday’s close.

Kogan.com Ltd (ASX: KGN)

Another note out of Credit Suisse reveals that its analysts have retained their outperform rating but cut their price target on this ecommerce company’s shares to $14.06. The broker remains positive on Kogan following its full year results and the surprise decision to suspend its dividend. While the broker acknowledges that there are risks that its cost base may take longer than expected to normalise, it holds firm with its outperform rating due to its very strong medium term growth prospects. The Kogan share price ended the week at $10.93.

The post Top brokers name 3 ASX shares to buy next week appeared first on The Motley Fool Australia.

More reading

• 3 excellent ASX growth shares to buy in September
• These were the worst performing ASX 200 shares last week
• IDP Education (ASX:IEL) share price tipped by broker to jump 17%
• Here are the 3 heaviest trading ASX 200 shares this Thursday
• Costa (ASX:CGC) share price falls 4% after reporting modest first half growth

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Idp Education Pty Ltd and Kogan.com ltd. The Motley Fool Australia owns shares of and has recommended COSTA GRP FPO and Kogan.com ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Fortescue Metals Group Limited (ASX: FMG) share price has collapsed around 15% since the beginning of the year. This comes as the fourth largest iron ore miner has experienced a declining spot price of the steel making ingredient.

At Friday’s market close, Fortescue shares finished the day flat at $20. It’s worth noting that its shares have fallen off a cliff after hitting a record high of $26.58 in late July.

What happened to Fortescue shares last earnings season?

During the time when Fortescue reported its half-year results for FY21, its shares plummeted 11.5% within two weeks.

Initially, investors were excited about the company’s performance, as it highlighted a 44% increase in revenue and a strong dividend payout. Furthermore, shipments, earnings and operating cash flow surpassed any half year in Fortescue’s history.

Fortescue CEO, Elizabeth Gaines commented:

Fortescue’s performance for the first half of FY21 has been outstanding, and we are very proud of the whole team who have delivered our best half year operating and financial results since the Company was established.

However, this was quickly forgotten as attention turned to Chinese tariffs and restrictions on Australian goods. Investors appeared to be concerned that China may focus on the country’s largest export market, and were rightly so. In response, the spot price of iron ore tanked, shedding 6.1% of its value to US$163.60 a tonne.

Only late in March, the Fortescue share price rebounded, following a strong uplift in the steel making ingredient spot price.

Is the Fotrescue share price a buy?

A recent broker note released by Bell Potter cut its outlook on Fortescue shares by 8.4% to $22.03. Goldman Sachs also reduced its rating by 2.9% to a more bearish $19.90.

Based on today’s closing Fortescue share price, this is in line with the Goldman Sachs broker estimate.

Fortescue commands a market capitalisation of roughly $61.5 billion, with more than 3 billion shares on its books.

The post The Fortescue (ASX:FMG) share price fell 11.5% last time the company reported appeared first on The Motley Fool Australia.

More reading

• Fortescue (ASX:FMG) share price tumbles in August, analysts see further declines in iron ore
• August hasn’t been a great month for the Fortescue (ASX:FMG) share price
• These 3 ASX 200 shares were the most heavily traded on Monday
• Pilbara Minerals (ASX:PLS) share price bounces back, up 8% on Monday
• Just how dependent is Fortescue Metals (ASX:FMG) on China?

Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Once again, a large number of broker notes hit the wires last week. Some of these notes were positive and some were bearish.

Three sell ratings that caught my eye are summarised below. Here’s why top brokers think investors ought to sell these shares next week:

A2 Milk Company Ltd (ASX: A2M)

According to a note out of Credit Suisse, its analysts have retained their underperform rating and $5.50 price target on this struggling infant formula company’s shares. This follows the release of a disappointing full year result last week. Credit Suisse has concerns about the future, particularly given how the company is losing share in the Stage 1 category. Combined with China’s falling birth rate, it feels this could eventually weigh on its Stage 2 and Stage 3 product sales. The A2 Milk share price ended the week at $5.89.

Reece Ltd (ASX: REH)

A note out of Citi reveals that its analysts have retained their sell rating and $13.50 price target on this plumbing parts company’s shares. Although Reece delivered a result ahead of its expectations in FY 2021, it wasn’t enough for a change of rating. The broker continues to believe that its shares are overvalued. Especially given the uncertainty around underlying market conditions. The Reece share price was fetching $21.05 at Friday’s close.

Woolworths Group Ltd (ASX: WOW)

Another note out of Credit Suisse reveals that its analysts have retained their underperform rating and cut the price target on this retail conglomerate’s shares to $31.02. Although Woolworths’ full year result was in line with the broker’s expectations, it isn’t enough to become more positive on the investment opportunity here. The broker continues to struggle with the multiples its shares are trading on. In addition, Credit Suisse has reduced its earnings estimates to reflect higher costs and the impact of lockdowns on its Big W business. The Woolworths share price was trading at $40.96 at the end of the week.

The post Top brokers name 3 ASX shares to sell next week appeared first on The Motley Fool Australia.

More reading

• Despite disappointing FY21 results, the A2 Milk (ASX:A2M) share price is still up in August. Here’s why
• Leading brokers give their verdict on the A2 Milk (ASX:A2M) share price
• How does the Woolworths (ASX:WOW) earnings result compare to Coles (ASX:COL)?
• The ASX reporting wrap-up: A2 Milk, Woolworths, Appen
• ASX 200 drops, A2 Milk sinks, Appen plummets

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended A2 Milk. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Telstra Corporation Ltd (ASX: TLS) share price has been a pretty good investment to have for ASX investors in recent months. The telco remains up 28.07% year to date so far, and more than 32% over the past 12 months. It was only last Monday that the shares hit their 52-week high of $4.02 a share.

But the last week has not been so great for the Telstra share price.

After starting out on Monday morning at $4.02 a share (yes, the 52-week high), Telstra ended up finishing the week at a much lower share price of $3.86. That’s a weekly fall of 4.1%. That’s almost as much as what the entire annual dividend is worth at that share price (4.14%).

In contrast, we have seen the S&P/ASX 200 Index (ASX: XJO) have a pretty positive week, putting on an additional 0.3%. So the Tesltra share price underperformed the ASX 200 by around 4.3%.

So what’s behind this seemingly sudden backwards step for the telco?

Telstra share price falls as the telco prepares to pay out

Well, we don’t have to look too far. Telstra’s fall last week was driven by what could possibly be the best reason to have one of your shares go down in value. Remember how we just went through that the last week’s drop was almost as large as the company’s dividend?

Well, the telco happened to go ex-dividend for its upcoming final dividend payment of 8 cents per share on 25 August (Wednesday). That means that investors who buy TLS shares after this date will not be entitled to receive this dividend. That’s why we saw the value of this dividend leave the Telstra share price on Wednesday morning.

This important milestone on Telstra’s 2021 calendar was the centrepiece of the company’s share price performance last week. Although it resulted in the shares dropping, it’s not one too many shareholders will be complaining about.

At the current Telstra share price, the company has a market capitalisation of $45.9 billion, a price-to-earnings (P/E) ratio of 24.7 and a fully franked dividend yield of 4.14%.

The post It hasn’t been a great week for the Telstra (ASX:TLS) share price appeared first on The Motley Fool Australia.

More reading

• Here are the 3 most traded ASX 200 shares today
• Telstra (ASX:TLS) and this dividend share have been named as buys
• Is the Telstra (ASX:TLS) share price a buy today?
• 10 ASX shares we’re overweight in right now: fund
• The Telstra (ASX:TLS) share price has gained 23% in the last 6 months

Motley Fool contributor Sebastian Bowen owns shares of Telstra Corporation Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Telstra Corporation Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Considering the Pilbara Minerals Ltd (ASX: PLS) share price has gained a whopping 546% over the last 12 months, it’s easy to assume its best day ever would have occurred recently. But it didn’t. 

In fact, Pilbara’s best day ever on the ASX was way back in 2015.

Now, for clarity and simplicity’s sake, we won’t be looking into any gains the Pilbara Minerals share price experienced when it was trading for under 10 cents.

As long-term market watchers will know, there are a number of days on Pilbara’s chart when it started the session trading for 1 cent, and gained another cent, therefore soaring 100%. Those instances won’t be covered here.

Now we’ve got that housekeeping out of the way, let’s take a look at the lithium and tantalum producer’s best day on the ASX. 

The Pilbara Minerals share price’s best day ever

The best day ever for the Pilbara Minerals share price was June 17, 2015. That day, Pilbara’s shares started out trading for 10 cents, before rocketing to close at 14 cents. That’s a massive gain of 40% in a single session. 

Perhaps what’s most interesting about the Pilbara share price’s sudden ascension that day, is the fact it was spurred by nothing. The company hadn’t released a single piece of price-sensitive news for nearly 10 days.

However, the prior week, the company had updated the market on a research report into Pilbara Minerals. 

As time has gone on, that research report has been removed from Pilbara’s website. Though, perhaps its contents helped spur the Pilbara Minerals share price’s best day ever.

The company’s best day on the ASX in recent years was on 17 September 2020. That was the day of Pilbara’s annual general meeting, and it saw its share price gain 17.4%. 

Those interested can find the company’s 2020 annual general meeting presentation here.

Pilbara’s shares finished Friday’s session trading for $2.07 after falling 6.5%.

The post When was the best ever day on the Pilbara Minerals (ASX:PLS) share price chart? appeared first on The Motley Fool Australia.

More reading

• These 3 ASX 200 shares were flying around the share market this Friday
• Brokers name 3 ASX shares to buy today
• Pilbara Minerals (ASX:PLS) share price slides 7% after selloff in lithium sector
• ASX 200 midday update: Wesfarmers’ $2.3bn capital return, Appen & Pilbara Minerals fall
• Pilbara Minerals (ASX:PLS) share price on watch after doubling sales in FY21

Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned.

The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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