If you’re wanting to invest after 2022’s market weakness and aren’t sure which shares to buy, then ETFs could be a good option.

This is because ETFs allow you to buy a large number of shares through a single investment.

With that in mind, listed below are two high quality ETFs that could be good long-term options for investors. Here’s what you need to know about them:

BetaShares Global Energy Companies ETF (ASX: FUEL)

The first ETF for investors to look at is the BetaShares Global Energy Companies ETF.

This ETF provides investors with an easy way to gain exposure to the energy sector, which is benefiting from high oil prices. This is because this ETF allows investors to own a slice of some of the biggest energy companies in the world.

BetaShares points out that these companies are larger, more geographically diversified, and more vertically integrated than Australian-listed energy companies. Among the fund’s holdings are energy giants BP, Chevron, ConocoPhillips, ExxonMobil, Phillips 66, Royal Dutch Shell, and Total.

iShares S&P 500 ETF (ASX: IVV)

Another ETF for investors to consider buying is the iShares S&P 500 ETF.

This ETF aims to provide investors with the performance of Wall Street’s famous S&P 500 Index before fees and expenses.

The operator of the fund, BlackRock, believes the ETF can be used by Australian investors to diversify internationally and seek long-term growth opportunities for a portfolio.

Among the 500 companies included in the fund are some absolute giants. These include Amazon, Apple, Berkshire Hathaway, Facebook, JP Morgan, Johnson & Johnson, Microsoft, and Tesla.

The post 2 high quality ETFs for ASX investors to buy now appeared first on The Motley Fool Australia.

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More reading

• 3 excellent ETFs for ASX investors to buy next week
• 3 ETFs for ASX investors to buy right now
• Guess which was the best-performing ASX ETF in October
• 2 excellent ETFs to buy for portfolio diversification
• Why I think every investment portfolio should include at least one ASX ETF

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 iShares Trust – iShares Core S&P 500 ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The Renascor Resources Ltd (ASX: RNU) share price has been on a massive bull run this month and is showing no signs of slowing down.

Shares of the mineral explorer opened for 21.5 cents each on 1 November and closed for 31.5 cents apiece on Tuesday for a 46.5% gain. That includes a gain of 5% on Tuesday alone.

Renascor, which can be classified as an ASX energy share, is also beating the aggregate performance of its peers month to date by a substantial margin.

The S&P/ASX 200 Energy Index (ASX: XEJ) opened at 11,214 on 1 November and edged higher to close at 11,591 this afternoon, recording a 3.4% increase. That’s nothing to complain about but also pales in comparison to the Renascor’s extreme performance over the same timeframe.

So why has Renascor been on such a hot value climb in November? Let’s take a look.

What happened?

Some important developments unfolded for Renascor this month and at the very end of October, which is just before its share price rally kicked off.

Most recently, Renascor managing director David Christensen gave a presentation at the International Mining and Resources Conference held in Sydney at the start of November.

There, Christensen gave an overview of Renascor’s plans to produce purified spherical graphite (PSG) from its projects located within South Australia and noted that its sites hold the largest verified reserves of graphite in the world.

Strong demand forecasts for lithium-ion batteries and PSG were also presented, with the major tailwind being the world’s transition to electric vehicles.

Renascor releases strong results via quarterly activities report

On 31 October, Renascor released its quarterly activities report. Some of the report’s highlights included the company securing approval to construct its battery anode material (BAM) manufacturing plant north of Adelaide. The initial production capacity of the site is expected to be 28,000 tonnes per annum of PSG.

Additionally, upgrades were given for its Siviour graphite deposit by Snowden Optiro mining consultants. The experts said the site contained 17% more indicated resources and 14% measured and indicated resources than previously estimated.

And finally, Renascor announced that its annual general meeting would be held on 30 November in Adelaide.

Renascor Resources share price snapshot

The Renascor share price is up 110% year to date. That’s a massive gain over the S&P/ASX 200 Index (ASX: XJO), which has lost 3.5% of its value over the same period.

The company’s market capitalisation is around $657 million.

The post Why is the Renascor Resources share price rocketing 46% this month? appeared first on The Motley Fool Australia.

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More reading

• Will ASX 200 shares bottom before the year is out? Here’s Macquarie’s ‘best guess’
• Here are the 3 most heavily traded ASX 200 shares on Tuesday
• What has this top broker got against South32 shares?
• Why are ASX 200 coal shares smoking hot on Tuesday?
• Guess which ASX 200 share is rocketing 13% on a ‘milestone year’

Motley Fool contributor Matthew Farley 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 Scott Phillips.

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The S&P/ASX 200 Index (ASX: XJO) recovered yesterday’s slump and then some today. It closed Tuesday’s session 0.59% higher at 7,181.3 points.

That’s despite major commodities, including oil, iron ore, and gold all having fallen overnight.

Interestingly, the S&P/ASX 200 Energy Index (ASX: XEJ) led the way today, gaining 2.4%. The sector was mainly driven by coal shares amid the black rock’s rising value. Though, oil majors also lifted despite softer oil prices.

The Brent crude oil price fell 0.2% to US$87.45 a barrel overnight while the US Nymex crude oil price slumped 0.4% to trade at US$79.73 a barrel.

The S&P/ASX 200 Materials Index (ASX: XMJ) came in next best despite the price of major commodities slipping. It lifted 1.1%.

Gold futures price dropped 0.8% overnight to US$1,739.60 an ounce and iron ore futures fell 1.5% to US$91.54 a tonne.

It wasn’t such a good day for the S&P/ASX 200 Consumer Staples Index (ASX: XSJ), however. It fell 0.3% on Tuesday.

All in all, eight of the ASX 200’s 11 sectors closed higher today. But which share outperformed all others to take out today’s top spot? Keep reading to find out.

Top 10 ASX 200 shares countdown

Today’s top performing ASX 200 share was none other than Virgin Money UK CDI (ASX: VUK). The stock posted a 10.6% gain as the company revealed a 42% year-on-year jump in profits.

Today’s biggest gains were made by these shares:

ASX-listed company	Share price	Price change
Virgin Money UK CDI (ASX: VUK)	$2.81	10.63%
Whitehaven Coal Ltd (ASX: WHC)	$9.11	7.81%
New Hope Corporation Limited (ASX: NHC)	$5.77	7.25%
TechnologyOne Ltd (ASX: TNE)	$12.98	5.1%
BlueScope Steel Limited (ASX:BSL)	$16.93	4.83%
Telix Pharmaceuticals Ltd (ASX: TLX)	$7.45	4.49%
BrainChip Holdings Ltd (ASX: BRN)	$0.65	4%
Coronado Global Resources Inc (ASX: CRN)	$1.995	3.91%
Sims Ltd (ASX: SGM)	$12.73	3.83%
IGO Ltd (ASX: IGO)	$16.06	3.55%

Our top 10 shares countdown is a recurring end-of-day summary to let you know which companies were making big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

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More reading

• Why Galan Lithium, New Hope, TechnologyOne, and Virgin Money UK shares are rising
• Why are ASX 200 coal shares smoking hot on Tuesday?
• Why is the Whitehaven share price soaring 8% on Tuesday?
• Guess which ASX 200 share is rocketing 13% on a ‘milestone year’
• Here’s how I’d invest $20,000 in ASX shares today to double my money

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 Scott Phillips.

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Investors love it when a director of an ASX company buys up shares in their own company. It can show skin in the game, integrity, confidence in a company’s future, and that ‘money-where-the-mouth-is’ factor too.

But equally, investors don’t normally like to see their directors selling out shares of the company they are running.

This is true for all of those same, but inverted, reasons. If you caught, for example, the CEO of Coca-Cola buying Pepsi shares, there would certainly be some questions to ask.

Thus, shareholders of Brambles Limited (ASX: BXB) might want to know that not one but two of their company’s directors have recently been offloading Brambles shares on the open market.

Yesterday, the logistics solutions company released an ASX announcement. This declared that Nessa O’Sullivan and Graham Chipchase have both sold shares recently. Chipchase is Brambles’ CEO, while O’Sullivan is the chief financial officer.

According to the ASX release, Chipchase disposed of 11,377 Brambles shares on 18 November. This was executed at a price between $11.37 and $11.43 per share. The CEO would have received close to $130,000 for this trade.

O’Sullivan disposed of 6,466 shares on that same day, executed at similar pricing points. These trades would have been worth around $74,000.

Brambles directors sell shares. What’s the deal?

Before you lose all confidence in Brambles due to the senior management team selling these shares, there are a few things to consider. Firstly, both Chipchase and O’Sullivan still own significant interests in Brambles.

Chipchase still holds 478,486 shares indirectly, as well as conditional performance share rights over 1.07 million shares.

O’Sullivan owns 9,000 shares directly, and another 262,362 shares indirectly. She has conditional performance rights over another 600,075 shares and conditional matched share prices over another 903 shares.

So it’s not like these two directors don’t still have significant skin in the game.

Additionally, we must also consider the nature of these sales. In the ASX release, Brambles declared that the reason for Chipchase’s sale was this :

Automatic sale under the Brambles Limited Performance Share Plan (PSP) of 11,377 ordinary shares held by Certane SPV Management Pty Ltd on behalf of Mr Chipchase to cover additional employer withholding tax liability arising upon the exercise on 19 October 2022 of 219,564 vested Conditional Performance Share Rights granted under the PSP.

There was an almost identical declaration for O’Sullivan. So this is not Chipchase or O’Sullivan taking their shares and running. This was an automated process designed to cover tax costs for both parties.

That sounds a lot less ominous than what an investor might first fear when they hear that management is selling out of Brambles shares.

The post 2 directors of this ASX 200 company have been selling down their shares in the past week appeared first on The Motley Fool Australia.

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More reading

• Buy these ASX 200 shares now before the market wakes up: fund manager
• 2 ASX shares that could ride out the coming volatility: experts
• Bell Potter names 9 ‘champion’ ASX 200 shares to buy for the next five years

Motley Fool contributor Sebastian Bowen has positions in Coca-Cola and PepsiCo Inc. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended the following options: long January 2024 $47.50 calls on Coca-Cola. 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 Scott Phillips.

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