Yesterday, we learnt that the Bank of Queensland Limited (ASX: BOQ) has had its proposed takeover of Members Equity Bank (ME Bank) approved by the Federal government. Back in February, BOQ had announced that it had entered into an agreement with ME Bank for a $1.325 all-cash acquisition. The deal couldn’t go ahead until BOQ got the green light from the government. But now that the green light has been given, the deal is expected to go ahead on 1 July.

The Bank of Queensland share price is responding well today. BOQ shares are up 5.18% to $9.24 at the time of writing.

One broker who thinks that there might still be some upside left in the BOQ share price is the investment bank, Goldman Sachs. According to the Australian Financial Review (AFR) today, Goldman reckons this final approval from the government “unlocks a tailwind for growth that will help push the lender’s corporate profits higher”.

Here’s some of what Goldman’s research note stated:

ME Bank provides growth and synergy opportunities… We remain buy-rated on BOQ… [given] continued improvements in volume momentum, particularly in housing… [as well as] its funding mix, which will be positively leveraged to the current funding environment.

Goldman also thinks Bank of Queensland’s net income will rise above $400 million in the 12 months to August 2021. That’s before eventually hitting $478 million by the same period in 2023. It has raised its 12-month price target by 0.5% to $9.90 a share.

About the Bank of Queensland share price

At the current Bank of Queensland share price, the company has a market capitalisation of $5.92 billion. It also has a trailing price-to-earnings (P/E) ratio of 38.48 and a trailing, fully franked dividend yield of 3.1%. BOQ shares are now up 22.6% year to date and 50.4% over the past 12 months. However, they remain down 8.2% over the past 5 years.

The post Why this broker reckons Bank of Queensland (ASX:BOQ) shares are a buy appeared first on The Motley Fool Australia.

More reading

• Why Bank of Queensland, IGO, Milton, & Openpay are surging higher
• Why are blue-chip ASX 200 shares selling off today?
• ASX 200 drops, CBA sinks, Boral sells US division
• ASX 200 sinks 1.9%: BOQ’s ME Bank acquisition approved, CBA divests insurance business
• Bank of Queensland (ASX:BOQ) share price lower despite ME Bank acquisition approval

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. 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 Telstra Corporation Ltd (ASX: TLS) share price is gaining today, despite no news having been released by the company.

At the time of writing, shares in Telstra are trading for $3.65 – 2.83% higher than their closing price yesterday.

For comparison, the S&P/ASX 200 Index (ASX: XJO) is up by 1.77% today.

Today’s gains have seen the telecommunications giant hitting yet another 52-week high. Lately, Telstra has been regularly surpassing that milestone.

So, what’s been driving Telstra shares higher lately? Let’s take a look.

Telstra’s latest news

Interestingly, the ASX hasn’t heard any price sensitive news from Telstra since April 23, when the company announced it had secured 1000 MHz in the 26 GHz spectrum auction.

Telstra expected the spectrum to extend its 5G offering into the future.

The news saw the Telstra share price end the day just 0.23% higher than its previous close. It has since gained another 6.16%.

In non-price sensitive news, earlier this month Telstra announced it is now solely listed on the ASX, after it removed its listing from the New Zealand stock exchange.

Telstra share price snapshot

It has been a good year on the ASX for Telstra shares, which have gained 20% since the beginning of the year.

They are also 13% higher than they were this time last year.

The company has a market capitalisation of around $41 billion, with approximately 11 billion shares outstanding.

The post The Telstra (ASX:TLS) share price is gaining today appeared first on The Motley Fool Australia.

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• Why we avoid mining and biotech ASX shares: fund manager
• ASX 200 Weekly Wrap: ASX makes it 5 out of 5
• 2 more blue chip ASX dividend shares
• Here are the 3 most traded ASX 200 shares today
• The Telstra (ASX: TLS) share price just hit a new 52-week high

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 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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Exchange traded funds (ETFs) can be a great way for investors to diversify a portfolio. This is because they give investors access to a large group of shares through just a single investment.

But which ETFs should you look at? Here are two popular ETFs that could be worth getting better acquainted with:

BetaShares Asia Technology Tigers ETF (ASX: ASIA)

The first ETF to look at is the BetaShares Asia Technology Tigers ETF. It gives investors exposure to 50 of the most promising tech companies in the Asian market (excluding Japan). Among the fund’s top holdings you will find the likes of Alibaba, Baidu, Infosys, JD.com, Kuaishou Technology, Meituan Dianping, Pinduoduo, Samsung, Tencent.

Pinduoduo is an ecommerce platform that offers a wide range of products. This includes everything from daily groceries to home appliances. However, it does things differently to other platforms. Pinduoduo connects distributors with consumers directly through an interactive shopping experience. After which, it allows them to team up to buy items in bulk at lower prices. In March, the company overtook ecommerce behemoth Alibaba with the most active customers – a massive 788 million.

Another company in the fund is Kuaishou Technology. It is the company behind the eponymous Kuaishou app. This is the world’s second largest short video platform with an average of 275.9 million daily active users. It generates revenue from live-streaming, ads, and ecommerce.

BetaShares Global Cybersecurity ETF (ASX: HACK)

Another ASX ETF to look at is the BetaShares Global Cybersecurity ETF. This popular ETF gives investors exposure to the leading companies in the global cybersecurity sector.

Included in the fund are both global cybersecurity giants and emerging players from a range of global locations that look well-positioned to benefit from the increasing demand for cybersecurity services. Among the companies you’ll be buying a piece of are Accenture, Cisco, Cloudflare, Crowdstrike, Okta, and Splunk.

CrowdStrike is a provider of incident response and forensic analysis services via its Falcon platform. Its services are designed to help businesses understand whether a breach has occurred. It then allows the user to respond and recover from a breach with speed and precision to remediate the threat.

Whereas Okta provides businesses with workforce identity solutions. This ensures that access to information is given only to those that are meant to have it. It has been experiencing very strong demand and expects this to continue. Management is guiding to US$4 billion in annual revenue by FY 2026, which implies compound annual growth of at least 35% over the next five years.

The post 2 exciting ETFs for ASX growth investors appeared first on The Motley Fool Australia.

More reading

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• 2 fantastic ETFs for ASX growth investors

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended BetaShares Asia Technology Tigers ETF. The Motley Fool Australia owns shares of BETA CYBER ETF UNITS. 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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It’s no secret the ASX ­­­– like Australia itself – is home to a multitude of mining companies. And cream-of-the-crop mining shares are often found on the S&P/ASX 200 Index (ASX: XJO).

The ASX 200 has had a good run so far this year. It’s currently 10.03% higher than it was at the start of this year. It’s been boosted again today, with the ASX 200 gaining another 1.65%.

And these 3 mining shares are taking advantage of the ASX 200’s enthusiasm. They’re currently topping the list of the ASX 200’s best performing mining shares of 2021.

Which miners are leading the way?

Pilbara Minerals Ltd (ASX: PLS)

Pilbara Minerals is leading the ASX 200 mining pack so far this year, having gained 68.10% year to date.

Currently, the Pilbara Minerals share price is $1.46.

Pilbara Minerals claims to be the ASX’s leading pure-play lithium producer, with operations near Port Hedland, Western Australia. The company also produces tantalum – a metal often used in alloys and as a filament due to its high strength and melting point.

It has a market capitalisation of around $3.9 billion, with approximately 2.9 billion shares outstanding.

Champion Iron Ltd (ASX: CIA)

Champion Iron shares are currently swapping hands for $6.48 – 34.54% more than they were at the start of 2021.

The company is – you guessed it ­– an iron miner. It has a number of operations in Québec, as well as one in Canada’s Newfoundland and Labrador.

The company has a market capitalisation of around $3.1 billion, with approximately 506 million shares outstanding.

Lynas Rare Earths Ltd (ASX: LYC)

The Lynas Rare Earths share price is also up there, having gained 28.23% since the start of this year.

Its shares are currently trading for $5.36 apiece.

As its name suggests, Lynas is a rare earth miner. It has rare earth assets in Australia and a manufacturing facility in Malaysia.

Lynas has a market capitalisation of around $4.9 billion, with approximately 901 million shares outstanding.

The post The top performing ASX 200 mining shares of 2021 appeared first on The Motley Fool Australia.

More reading

• Here are the best performing ASX 200 tech shares so far in 2021
• ASX 200 up 1.3%: Soul Patts-Milton merger, IGO jumps
• 3 top ASX shares in sector selling at 30% discount: expert
• Iluka (ASX:ILU) share price jumps even as it pours water on M&A rumours
• 5 things to watch on the ASX 200 on Tuesday

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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Australia’s leading investment platform provider CommSec has released data on the most traded ASX shares on its platform from last week.

Here’s the data:

Zip Co Ltd (ASX: Z1P)

Yet again, this buy now pay later provider’s shares were the most traded on the CommSec platform last week. Zip’s shares accounted for 2% of trades on the platform, with just 40% of the volume coming from buyers. Unfortunately for the sellers, the Zip share price jumped almost 14% over the shortened week thanks to improving investor sentiment in the tech sector.

Betashares Nasdaq 100 ETF (ASX: NDQ)

This ETF was popular with investors again last week. The Betashares Nasdaq 100 ETF was attributable to 1.7% of trades on CommSec, with 71% coming from buyers. The technology-focused ETF stormed 4.7% higher during the week, hitting a record high in the process. A rotation back into growth shares gave the index, and therefore the ETF, a boost last week.

BetaShares Global Sustainability Leaders ETF (ASX: ETHI)

This ethical investment focused ETF was also in demand with investors again last week. Its unit were attributable to 1.4% of trades on CommSec, with a sizeable 88% of the volume from buyers. This buying pressure helped drive the ETF up 3.2% for the week.

A2 Milk Company Ltd (ASX: A2M)

This beaten down infant formula company’s shares were back in favour with investors last week. Its shares accounted for 1.4% of trades on the platform, with 58% of the volume coming from buyers. These buyers will certainly have been pleased to see the a2 Milk share price jump 9.5% over the period.

iShares Core S&P/ASX 200 ETF (ASX: IOZ)

Finally, this popular ETF makes the top five again after accounting for 1.3% of trades on CommSec. And with buyers making up 89% of the volume, they will have been pleased to see the ETF carving out a gain of 0.8% for the period.

The post A2 Milk and Zip were among the most traded ASX shares last week appeared first on The Motley Fool Australia.

More reading

• 2 exciting ASX tech shares that could be buys
• Here are the 3 most active ASX 200 shares trading today
• Zip (ASX:Z1P) and Afterpay (ASX:APT) shares withstand market selloff
• Selling some ASX shares before tax time? Here’s what you should know
• These are the 10 most shorted shares on the ASX

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 and ZIPCOLTD FPO. The Motley Fool Australia owns shares of and has recommended BETANASDAQ ETF UNITS. 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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In recent history, technology shares have often outperformed the S&P/ASX 200 Index (ASX: XJO). In fact, the information technology sector has outperformed the Australian benchmark index 11 out of the past 15 years.

Unfortunately for tech investors, 2021 is so far looking like a win for the passive index investors. But that doesn’t mean that all of the ASX 200 tech shares are suffering this year. Here are the three top techies bucking the trend.

Top 3 ASX 200 tech shares

Last week we recapped the best performers out of all the ASX-listed shares. This one is solely for our tech friends.

The big reveal…

Iress Ltd (ASX: IRE)

Iress is a provider of financial services software across the Asia Pacific, United Kingdom, Europe, United States, and Africa. The $2.52 billion company boasts a customer base of over 9,000 businesses.

Ironically, the Iress share price was in negative territory for the year until earlier this month. An unsubstantiated rumour that the company was in the acquisition sights of a big bidder sent shares flying.

The rumours appear to be whispers in the wind, but the elevated share price has remained. As a result, this ASX 200 tech company’s share price has risen 22.2% year-to-date (YTD).

Megaport Ltd (ASX: MP1)

Despite featuring frequently in the top 10 most shorted ASX shares, Megaport has been the second-best tech share to own from the start of the year. The company which provides flexible connectivity for its customer’s network needs has rallied 27.8% so far in 2021.

A by-product of the pandemic disruption is that more companies are seeking flexible and scalable solutions for their networking needs. This was demonstrated by Megaport’s Q3 FY21 annualised revenue increasing a further 8% to $81 million quarter-over-quarter. This was buoyed by its customers growing from 2,043 to 2,117 during the quarter.

Analysts at UBS have a buy rating and a price target of $17.10 on the ASX tech name. Though, the recent Megaport share price strength has put it above this target, with shares going for $18.20 at the time of writing.

Codan Limited (ASX: CDA)

At the top of the tech podium is metal detector, communications, and tracking solutions manufacturer Codan. If you read our best performing ASX 200 shares roundup last week, this company will look familiar.

A combination of strong metal detector sales and a couple of earnings accretive acquisitions has bumped up the share price so far in 2021.

The first acquisition of Domo Tactical communications adds a long-term supplier of network solutions to more than 20 key United States government agencies. This acquisition is expected to contribute $9 million to the bottom line in its first year of ownership.

Codan’s second acquisition involves a leading US-based provider of mission critical communication solutions. The company known as Zetron is forecasted to be earnings accretive in FY22.

Evidently, investors are pleased about Codan’s expansion. This ASX 200 tech share has delivered a 52.5% return so far this year – making it the best performing.

The post Here are the best performing ASX 200 tech shares so far in 2021 appeared first on The Motley Fool Australia.

More reading

• ASX 200 up 1.3%: Soul Patts-Milton merger, IGO jumps
• 3 top ASX shares in sector selling at 30% discount: expert
• Iluka (ASX:ILU) share price jumps even as it pours water on M&A rumours
• 5 things to watch on the ASX 200 on Tuesday
• ASX tech company Megaport (ASX:MP1) share price hits all-time high

Motley Fool contributor Mitchell Lawler 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 MEGAPORT FPO. 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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The S&P/ASX 200 Index (ASX: XJO) has returned to form on Tuesday and is racing higher. In early afternoon trade, the benchmark index is up 1.5% to 7,345.8 points.

Four ASX shares that are climbing more than most today are listed below. Here’s why they are surging higher:

Bank of Queensland Limited (ASX: BOQ)

The Bank of Queensland share price is up 5% to $9.22. This appears to be a delayed reaction to news that the regional bank’s acquisition of ME Bank has been given Treasurer approval. Management believes the acquisition will help the bank compete better with the big four.

IGO Ltd (ASX: IGO)

The IGO share price has stormed 6% higher to $7.52. Investors have been buying the clean energy focused mining company’s shares after it revealed that a key condition precedent to forming a new lithium joint venture with Tianqi Lithium Corporation has progressed. As a result, IGO expects the transaction to complete on or before 30 June. The joint venture’s first focus will be on commissioning Train 1 at the Kwinana Lithium Hydroxide Refinery.

Milton Corporation Limited (ASX: MLT)

The Milton share price has jumped 16% to $5.80. Investors have been buying the investment company’s shares after it announced a proposed merger with fellow investment house Washington H. Soul Pattinson and Co. Ltd (ASX: SOL). The arrangement will see the latter acquire 100% of the share capital in Milton it does not already own. The all-scrip proposal values Milton at approximately $6.00 per share. Both companies have close ties and share the same chairman, Robert Millner.

Openpay Group Ltd (ASX: OPY)

The Openpay share price has surged 17% higher to $1.65. This follows news that the buy now pay later provider has entered into an agreement to acquire 100% of Payment Assist for GBP11.5 million. The deal also includes a potential earn-out component of up to GBP17 million. Payment Assist is a leading BNPL provider to the UK automotive sector.

The post Why Bank of Queensland, IGO, Milton, & Openpay are surging higher appeared first on The Motley Fool Australia.

More reading

• ASX 200 up 1.3%: Soul Patts-Milton merger, IGO jumps
• Milton share price rockets 14% after Soul Patts merger news
• Iluka (ASX:ILU) share price jumps even as it pours water on M&A rumours
• Here’s why the IGO (ASX:IGO) share price is racing 9% higher today
• Openpay (ASX:OPY) share price shoots higher on UK acquisition

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 owns shares of and has recommended Washington H. Soul Pattinson and Company 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 Oneview Healthcare PLC (ASX: ONE) share price has surged as high as 52 cents today, the highest point it’s been since 2019.

The healthcare software company’s shares have pulled back slightly, still up 6.38% trading at 50 cents at the time of writing.

Let’s take a look at what’s driving the Oneview share price out of the doldrums to new highs in 2021.

Oneview reveals contract details

Last Friday, Oneview revealed it had signed public healthcare provider Northern Health, its first Cloud Start customer in Australia.

Cloud Start is a fully-managed Samsung tablet solution, enabling virtual care, entertainment, up-to-date patient information and other services.

Under the agreement, Cloud Start will be deployed at the Northern Health, Stage 2 Inpatient Unit Expansion Project, enabling patients to communicate with their clinicians in a COVID-19 safe manner.

In today’s announcement, Oneview provided the material terms of the contract with Northern Health.

According to the statement, the agreement will include an initial contract for 126 beds with a term of 5 years.

The implementation will include standard software fee arrangements on a per bed per day basis, where no material conditions need to be satisfied before a customer signs up and becomes legally bound to a contract.

Oneview advised that it does not expect the revenue from this deal to be material in 2021.

The Oneview share price hits ten-bagger status

The Oneview share price has taken investors who bought shares in January to the promised land, surging ~1,010% this year from 4.5 cents to 51 cents at the time of writing.

The healthcare technology company first started making moves on 1 February, when it signed a distribution agreement with Samsung. Under the agreement, Samsung would distribute Oneview’s Cloud Start product to healthcare-focused enterprise resellers.

The Oneview share price surged from ~115% from 4.5 cents to 9.5 cents on the day.

The second leg up came about on 12 March, after the company signed an investor awareness agreement with S3 Consortium trading, better known as Next Investors. The company’s shares surged 100% from 8 cents to 16 cents on the day of the agreement.

Since then, the company has continued to kick goals, including the attainment of ISO 27001 certification award, the launch of its cloud-based care experience platform, CXP Cloud Enterprise and Friday’s first Cloud Start customer signing.

The post Up another 6%, Oneview (ASX:ONE) share price hits 10-bagger status today appeared first on The Motley Fool Australia.

More reading

• Why the Oneview (ASX:ONE) share price is climbing today
• These 5 ASX shares are delivering the biggest gains in 2021
• The Pilbara (ASX:PLS) share price is up 20% in two weeks

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 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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Shares in Sayona Mining Ltd (ASX: SYA) are in the dumps today, at one stage sinking by 13%.

At the time of writing, the Sayona share price has recovered slightly to 5.9 cents – 9.23% lower than its previous close.

It comes after the company ended a trading halt with an update on its bid for Canadian lithium producer North American Lithium Inc (NAL).

According to Sayona’s release, the bid must pass through the Superior Court of Quebec’s commercial division to go ahead. However, it is being contested by an alternative bidder.

Let’s take a closer look at today’s news from the emerging lithium producer.

Court battle

Sayona has entered a joint bid with Piedmont Lithium Inc (ASX: PLL) for NAL. If successful, Sayona’s subsidary Sayona Québec will buy 75% of NAL while Piedmont takes home 25%.

NAL is a lithium miner with a mine and concentrator in the Val d’Or district in Québec.

In 2019, the company halted its operations and sought protection from creditors from the Québec Superior Court. The court ended its protection of NAL later in 2019 and started the process of obtaining bids for the company and its assets.

Sayona submitted its bid for NAL in February 2020. Since then, the bidding process has been pushed back several times because of COVID-19.

Sayona’s joint bid is now being jointly contested by an alternative bidder and an unsecured creditor of NAL. Sayona didn’t name the contesters or their grounds for contesting its joint bid.

Sayona’s motion to acquire NAL was filed to the court on 11 July and a resulting preliminary hearing was held on 18 June.

There, the court scheduled the motion’s substantive hearing for 28 June.

Is successful, Sayona plans to make NAL profitable once more and develop a lithium hub in Canada.

In 2018, NAL produced around 114,000 tonnes of spodumene. It had a nameplate capacity of 180,000 tonnes. With further investment, Sayona believes it also could produce battery-grade lithium carbonate.

Commentary from management

Sayona’s managing director Brett Lynch said of the court process:

We are continuing to work our way through the process of acquiring NAL, as per our joint bid with Piedmont 
Lithium.

We remain confident of progressing this through to successful completion and delivering the benefits of our bid for all stakeholders.

Sayona share price snapshot

Despite today’s dramatic fall, the Sayona share price has been performing exceptionally well lately. It has gained 450% since the start of 2021.

The lithium company has a market capitalisation of around $328 million, with approximately 5 billion shares outstanding.

The post Here’s why the Sayona (ASX:SYA) share price is plummeting 9% appeared first on The Motley Fool Australia.

More reading

• These 5 ASX shares are delivering the biggest gains in 2021
• Why the Piedmont Lithium (ASX:PLL) share price is gaining today
• Why the Piedmont Lithium (ASX:PLL) share price is lifting today
• ASX lithium shares are charging up today

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. owns shares of and has recommended Piedmont Lithium Inc. 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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Brokerage is something that most investors love to hate. Charging a fee per trade, brokerage adds to the ‘frictional costs’ of investing and financially punishes investors for trading – especially if an investor trades frequently. Well, some promising news might be heading these investors’ way.

Stake is an Australian brokerage company that has made a name for itself by offering brokerage-free access to the US markets for ASX investors. Due to this lack of brokerage, Stake is often called ‘Australia’s Robinhood’. That’s after the similarly-modelled US company. The Motley Fool has discussed Stake before, which you can read more about here.

Until now, Stake only competed against the other popular ASX brokerage platforms like Commonwealth Bank of Australia‘s (ASX: CBA) CommSec and National Australia Bank Ltd.‘s (ASX: NAB) NABtrade for the trading of US shares. But it looks like this is about to change.

A Stake in the ASX?

According to the company’s website, Stake is planning on allowing its customers to also trade and invest in ASX shares. That’s in addition to the US shares it already offers. Here’s some of what Stake said:

Soon, you’ll be able to invest in all publicly traded stocks and ETFs on the ASX and Chi-X through Stake. But don’t expect the same-old to what’s already out there. We’ll be redefining what brokerage looks like for the ASX, to provide you more control and greater transparency…

We’ll be releasing full details about our offering in the coming months but expect a new ASX brokerage model that’s fresh and exciting.

The post Zero ASX brokerage? Popular broker Stake is launching ASX share trading appeared first on The Motley Fool Australia.

More reading

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• ASX 200 up 1.3%: Soul Patts-Milton merger, IGO jumps
• Leading brokers name 3 ASX shares to sell today
• Top broker says the Commonwealth Bank (ASX:CBA) share price is still overvalued
• Why are blue-chip ASX 200 shares selling off today?

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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