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In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to start the week with a disappointing decline. At the time of writing, the benchmark index is down 1.3% to 7,112.9 points.

Four ASX shares that have not let that hold them back are listed below. Here’s why they are pushing higher:

BrainChip Holdings Ltd (ASX: BRN)

The BrainChip share price has jumped 14% to $1.21. This appears to have been driven by the appearance of semiconductor giant, Arm, on BrainChip’s list of partners. On its website, BrainChip commented on the unannounced partnership, saying: “BrainChip is partnering with Arm, the leading technology provider of processor IP [intellectual property], to provide the most advanced solutions to make sensor products faster, smarter, and safer.”

PolyNovo Ltd (ASX: PNV)

The PolyNovo share price is up 4% to 93.5 cents. This follows news of more insider buying at the heavily shorted medical device company. As we reported here on Friday, the company’s chair, David Williams, picked up 500,000 shares through an on-market trade on 5 May. He has then followed this up with a purchase of ~1 million shares on 6 May. A fellow insider picked up shares with him on both days.

TPG Telecom Ltd (ASX: TPG)

The TPG share price is up 2% to $5.68. This morning the telco announced a binding agreement to sell 100% of its passive mobile tower and rooftop infrastructure to OMERS Infrastructure Management for $950 million. These funds are expected to be used by TPG to pay down its existing debt.

Westpac Banking Corp (ASX: WBC)

The Westpac share price is up 3% to $24.55. This follows the release of the banking giant’s half-year results, which came in ahead of expectations. Westpac reported an 8% decline in revenue to $10,230 million, a 12% reduction in cash earnings to $3,095 million, and a 61 cents per share interim dividend. The Visible Alpha consensus estimate was for first-half cash earnings of $2.8 billion and an interim dividend of 59 cents per share. Westpac also reiterated its bold cost cutting target despite its peers recently abandoning their own targets.

The post Why BrainChip, PolyNovo, TPG, and Westpac shares are pushing higher appeared first on The Motley Fool Australia.

More reading

• Down 40% in 2022, this ASX 200 share is climbing amid insider buying action
• Why is the BrainChip share price racing 8% higher today?
• These ASX shares pay you to own them
• ASX 200 midday update: Westpac result impresses, AVZ halted
• Westpac share price charges higher on earnings beat and improving costs outlook

Motley Fool contributor James Mickleboro has positions in Westpac Banking Corporation. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended POLYNOVO FPO. The Motley Fool Australia has recommended TPG Telecom Limited and Westpac Banking Corporation. 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) is unfortunately yet again falling this Monday. The ASX 200 has gotten up on the wrong side of the bed this morning, since it is, at the time of writing, down a nasty 1.15% at just over 7,100 points

But rather than focusing on this misfortune, let’s instead take a look at the ASX 200’s share volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Monday

Liontown Resources Limited (ASX: LTR)

Lithium hopeful Liontown Resources is our first ASX 200 share to take a look at today. So far, a notable 14.25 million Liontown shares have swapped hands as it currently stands. This doesn’t appear to be the result of anything out of the company itself. Liontown has made no ASX announcements today.

So we can probably lay the blame for this high volume at the feet of the Liontown share price movements we are witnessing. So far this Monday, Liontown shares have given up a depressing 7.25% of their value and are now being priced at $1.28 each. With a slide like that, no wonder so many shares have been bouncing around.

Telstra Corporation Ltd (ASX: TLS)

ASX 200 telco Telstra is our next share to take a glance at this Monday. So far today, a notable 15.19 million Telstra shares have been bought and sold on the markets.

There hasn’t been any news or announcements out of Telstra today, save for the now-routine share buyback notice. So it’s probably the results of these ongoing buybacks, as well as Telstra’s 0.13% loss so far today to $3.97 a share, that is responsible for this elevated volume.

Pilbara Minerals Ltd (ASX: PLS)

Pilbara Minerals is last up today. This ASX 200 lithium producer had watched 17.67 million of its shares find a new home so far. Here, we have a more obvious smoking gun. Like with Telstra, Pilbara hasn’t had anything to tell the markets directly this Monday.

However, the lithium stock has lost a painful 5.13% so far in today’s trading, and is now back to $2.59 a share. It’s this steep fall we can probably thank for the elevated trading volumes we are seeing.

The post Here are the 3 most heavily traded ASX 200 shares on Monday appeared first on The Motley Fool Australia.

More reading

• Is the Telstra share price a defensive buy during times of market uncertainty?
• Low charge: Is the party over for ASX lithium stocks?
• Macquarie share price tumbles 4% to 9-week low. Is it time to pounce?
• The Lynas share price has plunged 6% today! What’s going on?
• ASX 200 midday update: Westpac result impresses, AVZ halted

Motley Fool contributor Sebastian Bowen has positions in 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 has positions in 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 Scott Phillips.

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Fortescue Metals Group Limited (ASX: FMG)’s green hydrogen focused leg, Fortescue Future Industries (FFI), could provide a major alternative energy source for Europe.

That would allow the continent – and the world – to ease its dependence on Russian energy commodities and block the Kremlin from “conduct[ing] war games”, says Fortescue Metals and FFI founder and chair, Dr Andrew ‘Twiggy’ Forrest.

And Forrest says FFI already has the agreements in place to replace much of Europe’s gas with green hydrogen. Let’s take a look at how FFI could overhaul the European energy sector.

Could FFI green hydrogen replace Russian fossil fuels?

Green hydrogen could help combat Russian-born conflicts, and FFI’s agreements in Germany, the United Kingdom, and France could be part of the solution, Forrest recently told ABC Radio.

“People all over Europe [and] North America are just sick to the back teeth that they have to buy their fuel from wars in the Middle East and wars in Eastern Europe,” Forrest said.

“They’re saying, ‘why can’t we just get all our fuel, get all our critical energy … from nations like us nations who are democratic, nations who believe in the freedom of humanity?’

“And the answer is you can. In fact, you must, because there’s a real practical viable alternative and that’s green hydrogen.”

Forrest noted FFI’s multibillion-dollar deal with German energy network operator, E.ON could see FFI sending 5 million tonnes of green hydrogen to Germany each year.

That’s enough calorific energy to replace a third of the nation’s Russian gas imports.

“Green hydrogen … can replace everything which Russia produces in fossil fuel. That, of course, interrupts the Kremlin’s ability to conduct war games,” Forrest told ABC Radio.

FFI has also inked a similar agreement that could see it shipping 1.5 tonnes of green hydrogen to the United Kingdom each year. That would make the green energy producer the UK’s major hydrogen suppler.

Finally, FFI has shaken on a deal with France-based aircraft manufacturer, Airbus. The deal is expected to see zero-emissions aircraft taking to the sky.

Fortescue share price snapshot

The Fortescue Metals share price is struggling on the ASX today.

It’s currently down 6% on its previous close and almost 2% lower than it was at the start of 2022.

It has also fallen around 15% since this time last year.

The post Could Fortescue Future Industries’ green hydrogen help Europe ditch Russian energy? appeared first on The Motley Fool Australia.

More reading

• Why is the Fortescue share price sinking 6% on Monday?
• Which ASX 200 mining shares were the worst-performing on Friday?
• The Fortescue share price is down 8% in May. Is now the time to buy?
• ASX 200 mining shares slump, dragging index into the red
• Leading brokers name 3 ASX shares to sell 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. 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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ResMed Inc (ASX: RMD) shareholders are mostly likely feeling frustrated after the share price has seesawed in 2022.

The sleep treatment focused medical device company released its third quarter results late last month.

After falling short of the market’s estimates for revenue and earnings, ResMed shares sank 4.08% on the day.

Nonetheless, the board opted to ramp up its upcoming quarterly dividend to eligible investors.

Let’s take a look below at what you need to know in regards to the latest dividend.

What’s the deal with the ResMed dividend?

The ResMed share price backtracked as investors vented their disappointment following the company’s financial scorecard for the March quarter.

The company is set to pay out US 4.2 cents per share for the 3 months ending 31 March 2022. That’s 7.69% higher than the prior corresponding period dividend of US 3.9 cents per share.

Management, however, noted there may still be uncertainty associated with COVID-19 over the next year. Nonetheless, its long-term strategy is focused on supporting 250 million people in 2025.

The higher dividend came on the back of the company recording a 12% increase in revenue to $864.5 million. 

When can shareholders expect to be paid?

ResMed will pay the latest dividend to eligible shareholders on 16 June 2022.

However, to be eligible you’ll need to own ResMed shares before the ex-dividend date which falls on Wednesday 11 May. This means if you want to secure the dividend, you will need to purchase the company’s shares by tomorrow at the latest.

It is worth noting that on the ex-dividend day, the share price traditionally falls in proportion to the dividend amount.

In addition, the dividend is not franked which means that investors will miss out on the tax credits.

Currently, ResMed has a dividend trailing yield of 0.78% and a market capitalisation of roughly $11.66 billion.

The post Hoping to bag the Resmed dividend? Read this appeared first on The Motley Fool Australia.

More reading

• Guess which ASX 200 shares are defying today’s sell-off to climb higher
• 2 medical tech ASX shares Morgans loves right now
• Leading brokers name 3 ASX shares to buy today
• 5 things to watch on the ASX 200 on Monday
• These were the worst performing ASX 200 shares last week

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 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 Scott Phillips.

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The A2 Milk Company Ltd (ASX: A2M) share price is sinking on Monday afternoon.

At the time of writing, the struggling infant formula company’s shares are down 5% to a multi-year low of $3.99.

This means the A2 Milk share price is now down almost 30% in 2022.

Why is the A2 Milk share price sinking?

While the market is dropping on Monday, the A2 Milk share price is falling more than most after being the subject of a bearish broker note.

According to a note out of Bell Potter, its analysts have downgraded the company’s shares to hold rating and slashed the price target on them by 33.5% from $7.15 to $4.75.

While this still implies reasonable upside from where its shares trade today, it isn’t enough for a more positive rating from the broker. Particularly given recent industry trends, which Bell Potter believes warrant a more cautious view on the company.

What did the broker say?

Bell Potter revealed that its industry checks point a worrying picture for A2 Milk, based on historical patterns.

The broker explained:

In recent months there has been an emerging dislocation between volumes entering Australia from NZ and volumes exiting Australia to China in shipment data we monitor. While this dislocation may prove transitory in nature (i.e. lockdown linked), historically this pattern has not been supportive of strong volume growth. The data dislocation warrants a more cautious view on the stock and with our revised FY22-24e NPAT forecasts sitting below consensus, we downgrade our rating from Buy to Hold.

Bell Potter is now expecting profits of NZ$108.6 million in FY 2022, NZ$118.5 million in FY 2023, and NZ$136.2 million in FY 2024.

While heading in the right direction, this is still materially lower than both FY 2019’s profit of NZ$287.7 million and FY 2020’s profit of NZ$388.1 million.

The post A2 Milk share price sinks to multi-year low following broker downgrade appeared first on The Motley Fool Australia.

More reading

• What’s the outlook for the A2 Milk share price in May?
• The A2 Milk share price plunged 15% in April. What went wrong?
• Despite continuing woes in China, here’s what to like about A2 Milk shares
• It’s time to buy these 2 fallen ASX shares again: expert
• Is there still hope for the A2 Milk share price in 2022?

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 Scott Phillips.

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The Polynovo Ltd (ASX: PNV) share price is edging higher on Monday morning, up 2.78% to 92.5 cents.

This comes as insiders have recently taken advantage of the share price weakness to purchase more shares.

Despite today’s gains, the medical device company’s shares have fallen 16% in a week, and 40% in 2022.

Directors top up on Polynovo shares

In its most recent statements, Polynovo revealed that a few of its directors each bought a portion of new shares.

Polynovo chair, David Williams picked up 500,000 shares through an on-market acquisition on 5 May at 86.89 cents apiece. He further added to his holding by buying another 1,000,565 shares at 89.94 cents each the following day.

In total, Mr Williams increased his portfolio by roughly 1.5 million Polynovo shares. This means that the chair now has around 20.4 million fully paid ordinary Polynovo shares across all his holdings.

In addition, non-executive director Andrew Lumsden also supplemented his portfolio with 100,000 shares on 5 May. The price paid per share was 87.31 cents.

The Polynovo shares were purchased via an on-market trade, bringing Mr Lumsden’s total to 100,000 shares.

Furthermore, non-executive director Christine Emmanuel conducted a transaction of 115,000 Polynovo shares on 6 May. She ended up getting the best deal in the end, paying 85.51 cents per share.

The above transactions equate to the value of more than $1.52 million.

It appears that the directors believe that Polynovo shares may have bottomed out.

Polynovo share price snapshot

Over the past 12 months, Polynovo shares have plummeted by around 66%.

The company’s share price has been moving along on a downhill trajectory since the start of July 2021.

Based on today’s price, Polynovo commands a market capitalisation of roughly $595.52 million.

The post Down 40% in 2022, this ASX 200 share is climbing amid insider buying action appeared first on The Motley Fool Australia.

More reading

• These are the 10 most shorted ASX shares
• Why BrainChip, Coles, Fisher & Paykel Healthcare, and PolyNovo shares are rising
• PolyNovo share price jumps despite the market selloff amid heavy insider buying
• ASX 200 midday update: Macquarie and REA updates disappoint
• Could Polynovo shares get kicked out of the ASX 200?

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 positions in and has recommended POLYNOVO FPO. 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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With so many shares to choose from on the ASX, it can be hard to decide which ones to buy. The good news is that brokers across the country are doing a lot of the hard work for you.

Three top ASX shares leading brokers have named as buys this week are listed below. Here’s why they are bullish on them:

Flight Centre Travel Group Ltd (ASX: FLT)

According to a note out of Bell Potter, its analysts have retained their buy rating and lifted their price target on this travel agent giant’s shares to $24.50. This follows the release of a third-quarter update which the broker described as “solid”. Looking ahead, the broker sees scope for Flight Centre to surpass pre-COVID profit levels by FY 2024 thanks to organic growth in the corporate channel and a more profitable leisure business post-restructure. The Flight Centre share price is trading at $20.60 today.

Macquarie Group Ltd (ASX: MQG)

A note out of Morgans reveals that its analysts have upgraded this investment bank’s shares to an add rating with a $215.00 price target. Morgans was pleased with Macquarie’s “stellar” full-year result, noting that it came in 7% ahead of consensus estimates. And while its dividend was short of expectations, it is willing to overlook this. Particularly given its favourable long-term growth profile and history of delivering strong returns. The Macquarie share price is fetching $183.96 on Monday.

REA Group Limited (ASX: REA)

Analysts at Citi have retained their buy rating but trimmed their price target on this property listing company’s shares to $153.50. This follows the release of REA’s third-quarter update last week. While declining listing volumes are expected in the fourth quarter, Citi was pleased to see the company launch its Premiere+ platform. This is expected to underpin yield growth in a changing environment. The REA share price is trading at $107.54 on Monday afternoon.

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

More reading

• Macquarie share price tumbles 4% to 9-week low. Is it time to pounce?
• Are ASX 200 travel shares already fully valued in May?
• These are the 10 most shorted ASX shares
• Following months of selling, top broker tips 45% upside for the REA share price
• 5 things to watch on the ASX 200 on Monday

Citigroup is an advertising partner of The Ascent, a Motley Fool company. 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 Flight Centre Travel Group Limited, Macquarie Group Limited, and REA Group Limited. 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 Resources Index (ASX: XJR) may be down today, but three ASX mining shares are bucking the trend.

The ASX 200 Resources Index is down 1.81% to 5,579.9 points at the time of writing.

Let’s take a look at which ASX mining shares are outperforming the index.

Carnaby Resources Ltd (ASX: CNB)

The Carnaby Resources share price rocketed 27.55% to $1.435 in earlier trade, before retreating. The explorer’s shares are currently trading at $1.235, up 9.78%. Carnaby shares surged on the back of positive drill results from the Greater Duchess Copper Gold Project in Queensland. Drill hole LFRC120 intersected with the widest high-grade mineralisation to date. This included 2.4% copper from 68m and 0.4 grams per tonne of gold from 40m. Year to date, ASX mining share Carnaby’s shares have depreciated 8.52%, while they are up 209% over 12 months.

Quantum Graphite Ltd (ASX: QGL)

The Quantum Graphite share price is surging 8.96% to 36.5 cents. In earlier trade, the ASX mining company’s share price soared 16% to 39 cents. Quantum is a producer of flake graphite products. The company is investing in advanced processing technologies for the electric vehicle (EV) battery market. Quantum recently reported its shareholder base has increased by 35% since requoting on the ASX on 14 December. Quantum is green all round, up 128% year to date and a whopping 615% over the last 12 months.

Middle Island Resources Ltd (ASX: MDI)

Middle Island Resources shares have surged 23% today despite no news from the company. The miner is exploring gold and copper at the Barkly Copper Gold Super Project in the Northern Territory. Recently, the company reported significant copper oxide has been identified at its crosswinds prospect. This included spot pXR readings between 24.8 and 76.2% of copper. Year to date, ASX mining share Middle Island Resources shares have appreciated 33%, and a respectable 23% over 12 months.

The post In a sea of red, these ASX mining shares are surging more than 10% appeared first on The Motley Fool Australia.

More reading

• Here’s why the Carnaby Resources share price just rocketed 27%
• Why is the Carnaby Resources share price surging 8% on Monday?

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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ASX shares have taken a hammering over the past month, no denying it. Over the past four weeks or so of trading, the S&P/ASX 200 Index (ASX: XJO) has lost close to 5% of its value. The past few months have been a rough time for many, if not most, ASX shares. But over a longer period of time, there are still a few ASX exchange-traded funds (ETFs) that have delivered performances that have left the ASX 200 in the dust. Let’s check out two of them today.

2 ASX ETFs that are still beating the market with breakneck performances

BetaShares Global Cybersecurity ETF (ASX: HACK)

This ETF from provider BetaShares has taken a hit recently. But it still has some impressive performance figures to present to investors. HACK is an ETF that invests in a basket of global companies all operating in the growing cybersecurity space. We all know how important cybersecurity is in our modern world, and this is arguably only going to become more so in the years ahead. In this ETF, you’ll find some of the world’s leading cybersecurity companies, including Crowdstrike, Palo Alto Networks, Zscaler and Cloudflare.

Over the past 12 months (to 30 April), this ETF has returned 16.67% to investors. It has also averaged 17.217% per annum over the past three years, and 18.83% per annum over the past five. That compares very nicely against the ASX 200. To illustrate, over the past year, the iShares Core S&P/ASX 200 ETF (ASX: IOZ) has returned just over 10%. It has averaged a return of 9.31% per annum over the past three years, and 8.67% a year over the past five.

VanEck Vectors Wide Moat ETF (ASX: MOAT)

Another ETF that has consistently outperformed the ASX 200 in recent times is this Wide Moat ETF from VanEck. This ETF is an actively managed one. It holds a basket of shares that its managers believe all demonstrate the presence of a ‘wide moat’. A moat is a term coined by the legendary investor Warren Buffett. It refers to a company’s intrinsic competitive advantage that helps to protect a company from competitors, much as a moat helps a castle keep out invaders. Some of its current top holdings include Campbell Soup Company, Kellogg and Coca Cola Company.

MOAT hasn’t done quite as well as the ASX 200 over the past year, only returning 5%. However, it has still averaged 13.15% over the past three years on average, and 15.08% over the past five. Those figures far outstrip an ASX 200 ETF like IOZ.

The post Here are 2 ETFs delivering breakneck ASX performance appeared first on The Motley Fool Australia.

More reading

• 3 high quality ETFs for ASX investors to buy this month
• 2 excellent ETFs for investors to buy in May
• 3 top ETFs for ASX investors to buy and hold for 10 years
• Are these 2 ASX tech shares top ideas for May 2022?
• Analyst names 2 top ETFs ASX investors should buy

Motley Fool contributor Sebastian Bowen has positions in Cloudflare, Inc., Campbell Soup Company, Coca-Cola, Kellogg, and VanEck Vectors Morningstar Wide Moat ETF. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended BETA CYBER ETF UNITS, Cloudflare, Inc., and CrowdStrike Holdings, Inc. The Motley Fool Australia has positions in and has recommended BETA CYBER ETF UNITS. The Motley Fool Australia has recommended CrowdStrike Holdings, Inc. and VanEck Vectors Morningstar Wide Moat 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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Losses by S&P/ASX 200 Index (ASX: XJO) shares are deepening but this volatility may not be bad news for all, according to broker Macquarie Group Ltd (ASX: MQG).

The top 200 share benchmark is down by 1.1% in mid afternoon trade – taking its two-trading day loss to 3.2%. With some market watchers bracing for more losses, the sell-off may not be over yet.

There are several headwinds buffeting the ASX, but inflation is likely top of mind. This pushed the Reserve Bank of Australia to lift rates last week for the first time since November 2010!

Are ASX 200 shares worth buying as inflation bites?

Macquarie noted the inflation theme at its recent conference that saw 103 ASX companies presenting. The broker said:

Last year, one-quarter of companies talked about rising input costs. This year, most if not all companies talked about inflation.

Labour cost pressures appear to be a bigger issue this year, as labour markets are tight, skilled labour is hard to find and COVID continues to drive a higher level of absenteeism.

Profit margins could feel a further squeeze as wage increases are on the cards. This is despite migration recovering, albeit at a slow pace.

Reason to doubt confidence

The good news is that most companies are confident about their ability to pass on the higher costs. This is because the outlook for the Australian economy is still bright and jobs are aplenty. But sentiment could change as interest rates continue to rise. Said Macquarie:

The pool of savings accumulated during the pandemic was often seen as providing a buffer to support consumer spending despite the challenges from inflation and rising interest rates.

Investors tend to be more sceptical on the ability of companies to continue to pass on cost increases as policy tightening slows growth.

ASX 200 shares that could suffer

This is why the broker is wary about ASX consumer discretionary shares. These shares often fare poorly as rate hikes bite and the government’s COVID-19 support fades.

Macquarie is also cautious about ASX 200 shares exposed to the housing market. We are already seeing early signs of weakness in the residential property market.

But not all ASX 200 shares will suffer as interest rates increase. In fact, the broker highlighted six ASX 200 shares that it believes are “beneficiaries of higher rates”.

ASX 200 shares to buy as inflation rises

The Computershare Ltd (ASX: CPU) share price is one example. The international share services group generally gets an income boost when rates are rising.

Another inflation-protected example backed by Macquarie is the Transurban Group (ASX: TCL) share price. The toll road operator has contract-based pricing power when it comes to setting tolls.

Commodity producers don’t usually have pricing power. But high metal prices that are bolstered by a positive outlook will help the likes of the South32 Ltd (ASX: S32) share price.

Then there’s CSL Limited (ASX: CSL) and DEXUS Property Group (ASX: DXS). Both are considered by Macquarie to be COVID-recovery plays.

Finally, the broker picks the Amcor CDI (ASX: AMC) share price as another beneficiary due to its defensive earnings and reasonable valuation.

The post Macquarie picks ASX 200 shares to buy in this volatile environment appeared first on The Motley Fool Australia.

More reading

• 4 ‘defensive growth’ ASX shares to buy in turbulent times: Wilsons
• The CSL share price has tumbled 8% this year. Here’s why these top brokers still have faith
• These were the best performers on the ASX 200 last week
• Which ASX 200 mining shares were the worst-performing on Friday?
• 2 strong blue chip ASX 200 shares to buy after the market selloff according to analysts

Motley Fool contributor Brendon Lau has positions in CSL Ltd., Macquarie Group Limited, and South32 Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended CSL Ltd. The Motley Fool Australia has positions in and has recommended Amcor Limited. The Motley Fool Australia has recommended Macquarie Group Limited. 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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