Category: Stock Market

The S&P/ASX 200 Index (ASX: XJO) is on track to record a stellar gain on Thursday. In late afternoon trade, the benchmark index is up 1.1% to 7,376.4 points.

Four ASX shares that have failed to follow the market higher today are listed below. Here’s why they are falling:

Lake Resources N.L. (ASX: LKE)

The Lake Resources share price is down 4% to 58.5 cents. This decline appears to have been driven by profit taking after a strong gain on Wednesday. Investors were scrambling to buy this lithium developer’s shares following the announcement of a partnership with Lilac Solutions. According to the release, the partnership is for technology and funding to develop Lake’s Kachi Lithium Brine Project in Argentina.

Ramelius Resources Limited (ASX: RMS)

The Ramelius share price is down 2.5% to $1.38. Investors have been selling Ramelius and other gold miners today after investor sentiment improved greatly and reduced the appeal of safe haven assets. This follows yesterday’s news that Chinese property giant Evergrande has staved off defaulting by agreeing to make a bond repayment.

Telix Pharmaceuticals Ltd (ASX: TLX)

The Telix share price is down 5% to $6.48. This radiopharmaceutical company’s shares have come under pressure today following an update on its prostate cancer imaging investigational product, Illuccix. According to the release, the US Food and Drug Administration’s (FDA) has extended its review period by 3 months. This is to allow the regulator time to further review a few items.

Transurban Group (ASX: TCL)

The Transurban share price is down almost 1.5% to $14.00. This morning the toll road operator completed the institutional component of its equity raising. Transurban has raised $2.9 billion at an 8.3% discount of $13.00 per share. Management advised that the offer attracted strong demand from institutional shareholders, with approximately 93% of eligible entitlements taken up. Transurban is raising funds to acquire the remaining stake in WestConnex.

The post Why Lake Resources, Ramelius, Telix, & Transurban shares are falling appeared first on The Motley Fool Australia.

More reading

• Which ASX 300 shares are the top movers today?
• ASX 200 (ASX:XJO) midday update: Transurban falls, Premier Investments jumps
• Telix (ASX:TLX) share price sinks 6% on FDA update
• Why the Transurban (ASX:TCL) share price is falling today
• 5 things to watch on the ASX 200 on Thursday

Motley Fool contributor James Mickleboro owns shares of TELIXPHARM DEF SET. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended ResMed. The Motley Fool Australia has recommended ResMed Inc. 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 Ramsay Health Care Limited (ASX: RHC) share price is pushing through a turbulent day on the ASX, despite the wider market’s day in the sun.

Right now, the S&P/ASX 200 Index (ASX: XJO) has gained 1.07% or 77.9 points. Meanwhile, the All Ordinaries Index (ASX: XAO) is 1.15% higher having increased by 87.7 points today.

On the other hand, the Ramsay Health Care share price has been seesawing today. It has recorded an intraday high of $70.19 and a low of $69.09.

At the time of writing, it’s down 0.24%, with shares in the company trading for $69.58 a piece.

So what’s weighing on the Ramsay Health Care share price? Let’s take a look.

What’s up with Ramsay’s stock today?

The Ramsay Health Care share price is struggling on what is a fantastic day for the broader market.

Interestingly, there hasn’t been any happenings to explain the healthcare company’s tough day’s trade.

In fact, the market hasn’t heard price-sensitive news from Ramsay since it released its earnings for financial year 2021 nearly a month ago.

However, Ramsay’s stock isn’t alone in its struggles. The S&P/ASX 200 Health Care Index (ASX: XHJ) is the worst performing sector of the ASX 200 today.

It has fallen 0.09%, or 46.3 points, at the time of writing, with Ramsay being one of its worst performing stocks.

Only Ansell Limited (ASX: ANN) is weighing on the sector more than Ramsay. It has currently fallen 1% to trade at $34.69.

Meanwhile, the Clinuvel Pharmaceuticals Limited (ASX: CUV) share price is leading the sector with a 4.4% gain.

Ramsay Health Care share price snapshot

Despite today’s dip, the Ramsay Health Care share price has been performing alright lately.

It has gained 11% since the start of 2021. It is also 0.2% higher than it was this time last year.

The post The market’s having a good day, so why’s the Ramsay Health Care (ASX:RHC) share price struggling? appeared first on The Motley Fool Australia.

More reading

• 3 experts pick 3 ASX shares to rocket in next 12 months
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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 recommended Ansell Ltd. and Ramsay Health Care 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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The Webjet Limited (ASX: WEB) share price is creating fresh 6-month highs on Thursday thanks to America’s plans to reopen its international borders.

In early afternoon trade, the Webjet share price hit a high point of $6.23. This is a 5.23% bump on yesterday’s closing price of $5.92 and a new 6-month high for the ASX travel share.

At the time of writing, the price has settled back to $6.18, which is a 4.39% gain.

International restrictions to ease by November

The White House announced on Monday that it will lift travel restrictions for fully vaccinated travellers from 33 countries, according to Reuters.

These countries include most of Europe, China, India, Brazil, Iran, and South America. Unfortunately, the list did not include Australia.

Reuters reported upbeat commentary from airlines such as British Airways, which said that its customers were “keen to fly again”. The airline reported an almost 700% jump in searches for holidays to US destinations on its website, following the White House announcement.

How does this impact the Webjet share price?

The Webjet share price has been range-bound since late November. It has struggled to break above $6.20 but has found plenty of buying support about the mid-$4 mark.

Webjet shares tried and failed to break above $6.20 in November last year and again in March. They finally broke through today.

From a financial perspective, Webjet’s FY21 results pointed out that the US market is opening up the fastest. It said total transaction volumes were already at 83% of April 2019 volumes.

The WebBeds business was profitable in July and August, and is exposed to “significant upside as more markets open”, said Webjet.

The company is confident that when markets normalise, WebBeds will have “greater market share, lower costs and improved profitability”.

In addition, Webjet reported that the Webjet Online Travel Agency (OTA) was also profitable from April through to July. Despite recent lockdowns, Webject said its OTA will continue to be profitable as soon as domestic Australia reopens.

The post Webjet (ASX:WEB) share price jumps 5% amid more US travel optimism appeared first on The Motley Fool Australia.

More reading

• Why the Webjet (ASX:WEB) share price is lifting off this Tuesday
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• How has the Webjet (ASX:WEB) share price performed since reporting FY21 results?
• How have these 3 ASX 200 travel shares performed since reporting results?

Motley Fool contributor Kerry Sun 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 owns shares of and has recommended Webjet 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 Chimeric Therapeutics Ltd (ASX: CHM) share price has jumped 6% into the green during afternoon trade, and currently trades at 33.5 cents.

Chimeric shares are rallying after the company announced a key update regarding its CAR Technology.

Read on for more details.

What did Chimeric Therapeutics announce?

Chimeric advised that the European Patent Office has granted the company a patent covering its chimeric antigen receptor (CAR) technology.

CAR Therapy is being developed for patients with Glioblastoma, where it is currently being studied in a phase 1 trial at City of Hope Medical Centre in the US.

The patent covers “certain applications” of the CAR technology using cholorotoxin (CLTX), and also the company’s clinical-stage label CHM 1101.

It was published in the “European Patent Bulletin dated September 22, 2021”, according to Chimeric, under patent number EP 3,362,470 B1.

Effectively the patent grants protection for CAR over these “applications” that will use CLTX and CHM 1011 until 2036.

In addition, Chimeric also “holds the exclusive worldwide license” to commercialise the patent, and “related patent applications filed in other global territories” for the compound.

This is an important milestone for clinical-stage biotechnology companies, as they need to secure the rights to sell their compounds if they can successfully develop them.

Investors appear to love the news and are pushing the Chimeric Therapeutics share price towards its previous high of 35 cents on 7 September.

What did management say?

Speaking on the patent milestone, Chimeric’s CEO and managing director, Jennifer Chow said:

We are pleased to see the continued advancement of the strong intellectual property portfolio underpinning Chimeric’s CLTX CAR T program, on this occasion in a geography that holds significant market potential.

Chimeric share price snapshot

The Chimeric Therapeutics share price has had a very difficult year to date and has posted a return of 14% since listing in January.

However, over the last month, it has stepped a further 1.5% into the green and is also up another 3% this past week.

It is still early days for Chimeric, but it is still trading ahead of the S&P/ASX 200 index (ASX: XJO)’s year to date gain of 12%.

At the time of writing, Chimeric Therapeutics has a market capitalisation of $105 million.

The post The Chimeric (ASX:CHM) share price jumps 6% on patent success appeared first on The Motley Fool Australia.

More reading

• Aussie Broadband (ASX:ABB) share price hits new high, up 27% this month
• Top brokers name 3 ASX shares to sell today
• Senex (ASX:SXY) share price leaps 5% amid sustainability push
• Why the Zip (ASX:Z1P) share price is up 11% in 2 days
• AMP Capital’s chief economist on Evergrande and ASX 200 resource shares

The author Zach Bristow has no positions 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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The Aussie Broadband Ltd (ASX: ABB) share price moved into uncharted territory today, reaching a new all-time high. This comes despite the broadband provider not releasing any new information since its Share Purchase Plan offer booklet last week.

At the time of writing, Aussie Broadband shares are flat at $5.04 apiece. It’s worth noting that its shares hit a record high of $5.12 during early morning trade.

What’s driving Aussie Broadband shares recently?

September has been a busy month for the Aussie Broadband share price so far.

The company announced a 10-year deal with VicTrac to swap access to their respective fibre networks. VicTrack is a government business enterprise of the Victorian Government and operates the state’s fibre assets.

The swap will significantly increase the geographic reach of Aussie Broadband’s fibre network, especially into regional Victoria. This is expected to translate to an additional revenue stream for the company.

Aussie Broadband managing director, Phillip Britt touched on the strategic move, saying:

Smart partnerships like this one with VicTrack enable us to not only expand our network beyond what was originally planned, but also frees up capital to improve our reach in other states.

This is a win for Aussie Broadband, a win for VicTrack and most importantly, a win for our customers and their access to high speed, quality internet connections.

The company also updated the ASX with its capital raising program, successfully raising $114 million in an institutional placement.

In addition, Aussie Broadband released its Share Purchase Plan offer booklet to eligible investors to raise a further $10 million.

The proceeds from both placements will be used towards funding a number of initiatives for the company. These include acquisitive growth by mergers and acquisitions, new business product and technology development, and increasing fibre and network assets.

Aussie Broadband share price snapshot

A positive 12 months has led Aussie Broadband shares to accelerate 160%, with most of these gains coming in year-to-date.

Based on today’s price, Aussie Broadband presides a market capitalisation of roughly $1.10 billion, with 218.8 million shares on issue.

The post Aussie Broadband (ASX:ABB) share price hits new high, up 27% this month appeared first on The Motley Fool Australia.

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• ASX 200 flat, Aussie Broadband shares halted, Openpay rises
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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. owns shares of and has recommended Aussie Broadband Limited. The Motley Fool Australia has recommended Aussie Broadband 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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Yesterday I looked at three ASX shares brokers have given buy ratings to this week.

Unfortunately, not all shares are in favour with them right now. Three ASX shares that have just been given sell ratings by brokers are listed below. Here’s why these brokers are bearish on them:

Commonwealth Bank of Australia (ASX: CBA)

According to a note out of Morgan Stanley, its analysts have an underweight rating and $90.00 price target on this banking giant’s shares. The broker has been looking into the banking sector and believes Australia may need to take macroprudential measures to slow the build-up of household debt relative to income. It believes this could result in a slowdown in loan growth. As a result, it doesn’t appear to be in a hurry to change its rating on the shares of Australia’s largest bank. The CBA share price is trading at $100.91 on Thursday.

Premier Investments Limited (ASX: PMV)

A note out of Goldman Sachs reveals that its analysts have a sell rating and $21.10 price target on this retail conglomerate’s shares. While the broker has only had a quick look at the retailer’s full year results this morning, it looks unlikely to change its rating after a proper review. Goldman notes that Premier Investments fell short of its sales, earnings, and dividend estimates for FY 2021. The broker also has concerns over the slow recovery of the Smiggle business. The Premier Investments share price is fetching $27.61 today.

Vicinity Centres (ASX: VCX)

Another note out of Morgan Stanley reveals that its analysts have retained their underweight rating and $1.59 price target on this shopping centre operator’s shares. This follows a look at the REIT sector following a series of recent takeover offers for infrastructure companies. While the broker does see takeover appeal, it isn’t enough for a change of rating. The Vicinity share price is trading at $1.70 on Thursday.

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

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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 Premier Investments 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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Shares in Senex Energy Ltd (ASX: SXY) are lifting on Thursday, up 4.7% to $3.55 per share at the time of writing.

Today’s Senex share price surge comes after the company released its FY2021 annual report to the market punctuated by increased reserves and strong free cash flow generation prospects.

Why is the Senex share price surging on Thursday?

Senex this morning provided its annual report for the year ended 30 June 2021. The energy group had already released its full-year results and FY2022 outlook on 19 August.

However, today’s report, combined with rising energy demand, has helped boost the Senex share price higher on Thursday.

The Aussie natural gas producer doubled production levels and tripled its earnings before interest, tax, depreciation and amortisation (EBITDA) in FY2021.

The group also upped its 2P and 3P reserves during the year. Senex boasted 2P reserves of 767 pentajoules (PJ) and 3P reserves of 1,016 PJ as at year-end. That, alongside a bolstered balance sheet on the back of its Cooper Basin business sale, has helped strengthen Senex’s position going into FY2022.

The Aussie energy group had previously announced a full-year dividend of 5 cents per share, bringing the total FY21 dividend to 13 cents per share (inclusive of a 4 cents per share special dividend).

Investors appear pleased with this morning’s annual report release with the Senex share price climbing higher. Shares in the gas producer are outpacing the S&P/ASX 200 Index (ASX: XJO) which is up more than 1% at the time of writing.

Senex also used its annual report release to highlight its commitment to sustainability and a low carbon future. The group is targeting a “low-cost, low-carbon, high-return business with a long-life asset base and high growth trajectory”.

Investors look to be buying into the company’s vision and strong FY2021 showing with the Senex share price now up more than 40% year to date.

The post Senex (ASX:SXY) share price leaps 5% amid sustainability push appeared first on The Motley Fool Australia.

More reading

• Why the Senex (ASX:SXY) share price is pushing higher today
• Why Novonix, ResMed, Senex, & Weebit Nano shares are charging higher
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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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The S&P/ASX 200 Index (ASX: XJO) is having a day to remember on the ASX boards this Thursday. At the time of writing, the ASX 200 is up a healthy 0.98 % to 7,369 points. But one ASX 200 share is doing one better. That would be the Zip Co Ltd (ASX: Z1P) share price.

Zip shares are on fire today, up a sizeable 4% to $6.77 at the present time. Ever since finding a new 2021 low of around $6.10 a share on Tuesday, the Zip share price is now up more than 11% since then. That’s a pretty decent return for just two days.

So what’s going on with Zip shares this week?

Zip share price bags some BNPL gains

Well, we did get an announcement out of the company yesterday, which seems to have been well-received by investors. As we covered at the time, Zip announced that it has made a US$50 million “strategic investment” in the Indian buy now, pay later (BNPL) company ZestMoney. According to Zip, ZestMoney is one of the “largest and fastest growing” BNPL players in India, with 11 million registered users and 10,000 merchants using the platform.

This US$50 million investment will give Zip a minority shareholding in ZestPay, but the company has also negotiated terms that would allow a greater ownership in the future, as well as a board seat and a say over future decisions.

Since the Zip share price rose by 4.5% yesterday, and is up another 4.15% so far today, we can probably say that investors approve of this ZestPay announcement.

Another factor that may be helping Zip shares today is sentiment over tech shares in general. The tech sector is leading the ASX 200’s gains today, with the S&P/ASX All Technology Index (ASX: XTX) up a very robust 2.96% so far this Wednesday.

Other ASX tech shares like Afterpay Ltd (ASX: APT), Xero Limited (ASX: XRO) and WiseTech Global Ltd (ASX: WTC) are all up by more than 2% so far today, with Afterpay up more than 4%. Big rises in the US tech space overnight are probably responsible.

Zip shares are now up a healthy 21.5% year to date in 2021 so far. However, it’s ‘only’ up by roughly 8.8% over the past 12 months.

At the current Zip share price, the company has a market capitalisation of $3.82 billion.

 

The post Why the Zip (ASX:Z1P) share price is up 11% in 2 days appeared first on The Motley Fool Australia.

More reading

• Why Champion Iron, Fortescue, Lake Resources, & Zip are racing higher
• ASX 200 (ASX:XJO) midday update: Evergrande news boosts market, Zip’s Indian investment
• Zip (ASX:Z1P) share price higher on India BNPL investment news
• The Zip (ASX:Z1P) share price is down 10% in a week. Here’s why
• These are the 10 most shorted ASX shares

Motley Fool contributor Sebastian Bowen 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 AFTERPAY T FPO, WiseTech Global, Xero, and ZIPCOLTD FPO. The Motley Fool Australia owns shares of and has recommended AFTERPAY T FPO, WiseTech Global, and Xero. 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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S&P/ASX 200 Index (ASX: XJO) iron ore shares got a bit of a reprieve overnight with the price of iron ore surging 17% to US$109 per tonne.

The way the iron ore price has been jumping around, the price chart is beginning to look more like Bitcoin than a global commodity!

The lift has helped drive 2 of the 3 ASX 200 iron ore giants into the green today.

The Fortescue Metals Group Ltd (ASX: FMG) share price is up 1.3% and Rio Tinto Ltd (ASX: RIO) is up 0.5%.

The BHP Group Ltd (ASX: BHP) share price has given back its modest lunchtime gains and is currently down 0.3% for the day, at $38.56 per share.

What’s lifting the iron ore price?

The big boost in ore prices offering a tailwind to ASX 200 iron ore miners was likely spurred by news that China Evergrande Group (HKG: 3333) would make good on the interest payment it owes bond holders today. Many analysts had been forecasting a possible default, putting pressure on iron ore prices.

As reported on Tuesday, Evergrande was due to pay roughly US$83.5 million (AU$116 million) of interest on its 5-year dollar bond today.

If that sounds like a lot of interest to pay, it is. That’s because Evergrande is has approximately US$300 billion worth of liabilities.

AMP’s Shane Oliver on Evergrande

Presenting at AMP Capital’s webinar yesterday, Shane Oliver, head of investment strategy and chief economist at AMP Capital shared his insights into the Evergrande crisis.

Oliver said:

People are worried about some sort of Lehman moment. I think it’s a risk. But at the end of the day, I think it’s not something major Western banks are heavily exposed to. Nothing like the situation with Lehman. The bigger risks are if it goes bust in an out of control fashion that led to liquidation of all its assets.

According to Oliver, this would likely lead to “sharp falls in property prices in China and a flow on effect to other property developers as Chinese lenders” cut back their willingness to pour money into real estate. He said this “could lead to a major problem for the Chinese economy”.

However, Oliver doesn’t expect this to happen, saying the Chinese authorities will likely sort that out. At the moment, they want to send a message to property developers not to take on too much debt, he believes.

“At the end of the day, they will support their economy. Not with a bailout for China Evergrande, but some sort of restructuring… which minimises the fallout,” he said.

What about other ASX 200 resource shares?

Oliver expects that, “ultimately we’ll see more stimulus coming out of China, which will help support commodity prices”.

While falling iron ore prices are unlikely to return to US$220 per tonne any time soon, Oliver noted that they’re still historically high. And still high enough to make the big miners profitable.

But it’s not all bad news for ASX 200 resource shares.

Oliver pointed out that “gas price and coal prices are all at very high levels. As well as aluminium and copper; all very strong.”

Taking iron ore out of the picture, Oliver said, “In fact, there’s good reason to believe a new commodity super cycle has begun, which should benefit Australia.”

It should also benefit ASX 200 resource shares like Whitehaven Coal Ltd (ASX: WHC).

On that back of soaring coal prices, Whitehaven’s share price is up a whopping 88% in 2021.

By comparison the ASX 200 has gained 10% year-to-date.

The post AMP Capital’s chief economist on Evergrande and ASX 200 resource shares appeared first on The Motley Fool Australia.

More reading

• Top broker tips Fortescue (ASX:FMG) share price to rise 36%
• Fortescue (ASX:FMG) share price jumps 4%, iron ore back above US$100 a tonne
• Should investors buy Fortescue (ASX:FMG) shares in September 2021 for the 16% dividend yield?
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• Evergrande on investors’ minds and miners in focus. Scott Phillips on Nine’s Late News

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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The Suncorp Group Ltd (ASX: SUN) share price is in the green today after the company successfully completed a $405 million capital raise.

The capital raise was increased from $375 million following strong demand. It saw Suncorp providing capital notes 4 for $100 apiece.

At the time of writing, the Suncorp share price is $12.41, 1.97% higher than its previous close.

Let’s take a closer look at today’s news from banking, insurance, and investment institution.

Suncorp’s successful capital raise

The Suncorp share price is in the green today after it bumped up its capital notes offering by $30 million.

The capital notes 4 first distribution will be at a rate of around 2.9% and will be paid on 17 December 2021. From then on, the notes will come with a distribution rate of around 2.04% per annum. Suncorp plans to hand out fully franked distributions.

5,251 investors participated in the offer, with four investors putting in more than $10 million each.

The positive news comes at a great time for the Suncorp share price. It fell 2.25% yesterday alongside shares in other ASX-listed insurance providers.

The dip came after a 5.9 magnitude earthquake hit Mansfield at around 9.15am yesterday, causing damage to parts of Melbourne and Victoria.

Victorian Deputy Premier James Merlino later advised that the state was aware of 46 reports of damage to properties.

However, Australasia’s insurance industry publication, insuranceNEWS.com.au, reported that Insurance Australia Group Ltd (ASX: IAG) had received more than 100 claims yesterday, with Allianz Australia reportedly racking up 70 claims.

Suncorp share price snapshot

Today’s gains have added to the Suncorp share price’s recent strong performance on the ASX.

It is currently 26% higher than it was at the start of this year. It has also gained 45% since this time last year.

The post Here’s why the Suncorp (ASX:SUN) share price is lifting today appeared first on The Motley Fool Australia.

More reading

• Here’s why ASX 200 insurers are underperforming the market this Wednesday
• 2 excellent ASX dividend shares named as buys
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• Climbing mortgage stress: Are the CBA, ANZ, NAB and Westpac share prices in danger?
• The next ASX 200 shares that could undertake a big capital return

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 owns shares of and has recommended Insurance Australia Group 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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