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Market sentiment is improving and those looking for ideas might want to look at three ASX 200 shares that leading brokers are urging investors to buy.

While the S&P/ASX 200 Index (Index:^AXJO) lost its early gains and closed flat, experts are still tipping a positive end as we head towards Christmas.

Believers in the Santa Rally who are looking for new buying opportunities should keep the Viva Energy Group Ltd (ASX: VEA) share price on their watchlist.

ASX 200 share that’s fuelled for a buy

That’s the view of Morgan Stanley, which reiterated its “overweight” recommendation on the petrol supplier and retailer.

This is despite Viva Energy issuing a disappointing quarterly update that came in below expectations.

Rising oil prices crimped its refining margins. Weak demand with two of our biggest states only recently emerging from lockdowns also weighed on the results.

“We see Viva’s FYQ321 result as a transition – during a period of weaker domestic demand,” said Morgan Stanley.

“The backdrop for FY22remains attractive, particularly as Asia refining margins continue to trend higher.”

The broker’s 12-month price target on the Viva Energy share price is $2.50 a share.

More ASX 200 buying options

Another ASX 200 share for your buy list is the Origin Energy Ltd (ASX: ORG) share price. UBS repeated its “buy” recommendation on the energy group following the sale of its stake in the APLNG project.

Origin Energy sold 10% of the asset to US-based EIG for $2.1 billion and is using the proceeds to pay down debt.

This gives the company optionality as it has a much stronger balance sheet. One thing that UBS reckons Origin will do is to lift its dividend payment.

Management could also undertake a $500 million share buyback and/or use some capital for growth projects.

UBS upped its 12-month price target on the Origin Energy share price to $5.85 from $5.15 a share.

A buy to bank on

Speaking of buybacks, the Westpac Banking Corp (ASX: WBC) share price may be one to put into your Christmas stocking.

The bank is scheduled to release its full year results on November 1 and Morgans is urging investors to buy this ASX 200 share.

This is despite the broker slashing its forecast final dividend to 30 cents a share from 54 cents a share after Westpac announced a $1.3 billion write-down.

“WBC is our preferred major bank,” said Morgans. “We expect WBC to announce a $5bn off-market share buyback on 1 November and we expect investors to increasingly warm up to WBC’s medium-term cost out story.”

The broker has an “add” rating on the Westpac share price with a price target of $29.50 a share.

The post Latest ASX 200 shares to make it on top brokers’ buy list appeared first on The Motley Fool Australia.

More reading

• Here are the top 10 ASX shares today
• Here are 10 years of ASX 200 historical returns
• These 3 ASX 200 shares are topping the volume charts this Tuesday
• Why is the ASX All Ordinaries lifting to a fresh 7-week high?
• ASX 200 (ASX:XJO) midday update: Crown and Pilbara Minerals surge higher

Motley Fool contributor Brendon Lau owns shares of Westpac Banking Corporation. 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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Another in-demand resource is skyrocketing in price as buyers are at the peril of a short-handed China. Today, ASX-listed magnesium shares enjoyed a rapid growth spurt in value as a shortage unfolds.

This follows reports of mere weeks’ worth of magnesium available across Europe. In turn, the unmet demand has sent the price of magnesium figuratively to the moon, taking just about any publicly traded company with magnesium exposure along with it.

What is causing the magnesium shortage?

Investors of ASX-listed magnesium shares are rejoicing while the price of the element takes flight. Though, many might be wondering, what is setting this into motion? Well, the “catastrophic” shortage across Europe appears to be the byproduct of China’s efforts to curb domestic power consumption.

China accounts for 87% of the world’s magnesium production. This puts immense importance on the upkeep in output from the country. Unfortunately, with the reduction in industrial energy usage, China’s magnesium production has been relatively non-existent recently.

In response, a joint call to action has been made across Europe’s industry associations. In this online publication, it is reported that Europe is at imminent risk of production shutdowns. This is due to magnesium’s essential role in being an alloy material, improving the workability of aluminium and reducing density.

In addition, Europe relies on China’s magnesium exports almost entirely, typically being 95% of its supply. As a result, the entire European continent is expected to run out of magnesium stockpiles by the end of November.

If this were to occur, industry associations fear the consequences would be far-reaching. Overall, it could result in the degradation of entire European Union value chains, including end-use sectors such as automotive, construction, and packaging.

Inevitably, if unresolved, the shortage could lead to business closures and job losses.

ASX magnesium shares riding the price hike

Though the shortage is bleak, investors were today looking for companies that might rise to prominence because of the shortage.

By the end of the session on Tuesday a handful of ASX shares had caught the magnesium hype bug, these included:

• Korab Resources Limited (ASX: KOR) up 178% to 7.5 cents per share;
• Latrobe Magnesium Ltd (ASX: LMG) up 61% to 5.3 cents per share; and
• Magontec Ltd (ASX: MGL) up 50% to 48 cents per share.

Additionally, the letter pointed out that magnesium prices had reached a mind-boggling $10,000 to $14,000 per tonne. For comparison, only a year ago the price was roughly $2,000 per tonne.

The post ASX magnesium shares are going gangbusters. What’s happening? appeared first on The Motley Fool Australia.

More reading

• Why did the Korab Resources (ASX:KOR) share price rocket 178% today?

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. 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 Cirralto Ltd (ASX: CRO) share price has finished the day 8% in the red to close at 5.8 cents apiece.

Cirralto shares were off to a rocky start from the get-go today as the transaction services business released its Q1 FY22 activities and cash flow reports.

Here are the details.

Cirralto share price slides despite 40% revenue growth in Q1

Key investment highlights from Cirralto’s Q1 report include:

• 157% increase in cash receipts to A$396k for the quarter, compared to Q1 FY20
• Revenue growth of 41% for Q1 FY22 compared to Q4 FY21 when including all cash receipts
• 36% average quarter on quarter growth over the past 7 quarters
• $19.0 million cash or cash equivalents as of 30 September 2021; plus $2.05 million in net loan receivables.
• Q1 FY22 net operating cash outflows of $2.705 million
• Annualised FY22 revenue forecasts a growth of 114% from the year prior.

What happened in Q1 for Cirralto?

The Cirralto share price slumped despite the company’s growth efforts this quarter.

Across the quarter, the company grew its revenue by 41% compared to the year prior. This trajectory equates to an average 36% growth in revenue over the past seven quarters, according to the company.

Cirralto’s revenue growth is underscored by consistent customer growth which the company feels will deliver a “projected annual revenue growth from the prior financial year (FY21) of 114%” by annualising first-quarter sales.

The company also appointed Neu Capital as lead advisor for the “establishment of a securitisation style debt warehouse structure”.

Cirralto intends to use this collateralised debt structure to support its lending and payment demand that can amount to $100 million per month.

The company’s board consequently approved a $10 million capital outlay to “cornerstone [its] debt warehouse, which is expected to grow to $100 million in the coming quarters”.

Aside from this, the company also finalised the acquisition of Sydney based fintech company Invigo Pty Ltd.

It has now completed the integration of Invigo’s core business services into its wider company structure.

Continuing on the acquisition front, Cirralto also advised it executed a binding share sale agreement to buy software development house Greenshoots Technology in Q1.

During the quarter, the company also leveraged its relationship with Microsoft Corporation in the build of “new scalable cloud native microservices with CPU paid for on-demand”.

Effectively, these developments enable Cirralto to process higher payment volumes with its integration partners, such as Mastercard and Fiserv.

In addition, the company finished the quarter with $19 million in cash and equivalents on its balance sheet.

What did management say?

Speaking on the company’s progress this quarter, Cirralto managing director Adam Floate said:

The start of the financial year has been very pleasing as we have seen the strategies seeded in the past few years bear fruit. Digesting the Invigo acquisition and launching the BNPL solutions are formative and highlight the next chapter in a very exciting future. The company continues to be focused on growth by both expanding market segments and geographies with the acquisition of strategic customers and by innovating with business models that leverage our ability to manage a value chain through sales, invoicing, lending and payment.

Cirralto share price snapshot

The Cirralto share price has climbed 32% in the past 12 months, after rallying 53% this year to date.

At its current share price, Cirralto has a market capitalisation of $168 million.

The post Cirralto (ASX:CRO) share price slides 8% on quarterly update appeared first on The Motley Fool Australia.

More reading

• Why the Lake Resources (ASX:LKE) share price surged 10% on Tuesday
• Why did the Korab Resources (ASX:KOR) share price rocket 178% today?
• The ASX 200 share I’d hold for 5 years: fund manager
• Could the Beach Energy (ASX:BPT) share price hit $1.70 by Christmas?
• Here are the top 10 ASX shares today

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 Lake Resources N.L. (ASX: LKE) share price took off today despite silence from the company.

As of Tuesday’s close, the Lake Resources share price is 97.5 cents, 10.17% higher than it was at the end of Monday’s session.

However, it wasn’t alone in its gains. As The Motley Fool Australia reported earlier today, many ASX lithium shares surged higher on Tuesday.

ASX lithium giant, Plibara Minerals Ltd (ASX: PLS) saw its share price gain 8.1% over the course of Tuesday. Meanwhile, that of AVZ Minerals Ltd (ASX: AVZ) and Liontown Resources Limited (ASX: LTR) shot up 10.9% and 5.5% respectively.

Let’s take a look at what might have boosted the lithium exploration company’s stock higher.

What may have driven the Lake Resources share price today?

The Lake Resources share price might have caught a wave born of soaring lithium prices on Tuesday.

S&P Global reported that domestic Chinese lithium carbonate and hydroxide prices hit another record high last week amid “nervous energy” in the market. A source told the publication that buyers were trying to get their hands on lithium before prices soared again.

Such anticipation of another lithium run might be evidenced by the Global X Lithium & Battery Tech ETF‘s (NYSEARCA: LIT) recent movements. The exchange-traded fund (EFT) surged to a new record high last night.

Additionally, the Australian Government released its Long-Term Emissions Reduction Plan today. It’s expected to see Australia reach net zero emissions by 2050.

It has a heavy focus on an existing strategy: The Technology Investment Roadmap. The roadmap’s first low emissions technology statement prioritises 5 technologies, one of which is energy storage.

A media release from Prime Minster Scott Morrison and Minister for Industry, Energy, and Emissions Reduction Angus Taylor stated that the government’s existing $20 billion investment in low emissions technology should unlock at least $80 billion of private and public investment.

The news may have bolstered excitement over ASX lithium shares, as it might be assumed, a technology-focused strategy could call for a lot of battery minerals.

The post Why the Lake Resources (ASX:LKE) share price surged 10% on Tuesday appeared first on The Motley Fool Australia.

More reading

• Why ASX lithium shares are surging higher on Tuesday
• ASX lithium shares higher as spot prices mark new all-time high
• Lake Resources (ASX:LKE) share price jumps 19%, charges to an all-time high
• ASX lithium shares mixed on Tuesday as prices surge to all-time highs
• Why ASX lithium shares are booming on Thursday

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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The Korab Resources Limited (ASX: KOR) share price left little headroom during trading today as it finished Tuesday’s session up 177.78%.

Korab shares were are on the move today despite no major price-sensitive information out of the company’s camp.

However, there appeared to be underlying forces at play, which help explain the enormous spike in trading of Korab shares on Tuesday.

What’s fuelling the Korab Resources share price today?

In the absence of any price-sensitive information, we have to look to the underlying commodity markets Korab sells into in order to decipher what’s behind today’s gains.

The price of magnesium – the key alloy used in the metals production industry – has shot up by over 200% this year to date.

It has since cooled off as we left September, but not before jumping over 130% across the span of the month.

Consequently, magnesium has come off an all time high of $14,857.65/tonne on 23 September to now trade at $9,853/tonne.

What’s causing the massive run up in the price of magnesium?

It all boils down to recent government policy out of China, in its efforts to curb power production and noxious emissions.

The Shaanxi and Shanxi provinces, considered the premier magnesium hubs of the world, have seen 25 of their plants shut down this year, whereas the remaining facilities have slashed production by 50% in response to the policy.

Europe, which buys 95% of its magnesium from China, is expected to run out of magnesium stocks by the end of November, according to Trading Economics.

What does this mean for Korab?

It is on this backdrop that brings us back to Korab Resources. The mining company has previously stated in its last few earnings reports that it is working on the development of the “Winchester Magnesium Deposit” located near Darwin, NT.

According to an announcement today, Korab stated the “Winchester deposit is amenable to low cost open cut mining using blast and shovel method and has a high-grade magnesium mineral resource reported in accordance with the JORC Code”.

The company is in discussions with magnesium metal users and buyers – including carmakers Fiat and Daimler –regarding supply from the Winchester deposit.

It is adamant that no agreements have been made, and that all discussions “are at an early stage and are incomplete…details of these discussions would be premature and speculative”.

Given the scene that has been set, built from the urgency for magnesium users to replenish their stockpiles and Korab’s speculative Winchester deposit, a picture begins to form as to why investors are bidding up its share price today.

As a result of these gains, the Korab Resources share price has soared over 500% this year to date, having gained 260% in the last week.

The post Why did the Korab Resources (ASX:KOR) share price rocket 178% today? appeared first on The Motley Fool Australia.

More reading

• The ASX 200 share I’d hold for 5 years: fund manager
• Could the Beach Energy (ASX:BPT) share price hit $1.70 by Christmas?
• Here are the top 10 ASX shares today
• Own Coles (ASX:COL) shares? Here’s the retailer’s latest push for supremacy
• Here are 10 years of ASX 200 historical returns

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 S&P/ASX 200 Index (ASX: XJO) is off to its second day of gains this week…barely.

The ASX 200 finished the day up a slender 0.03%, having earlier posted gains of 0.4%. That leaves the index up 0.2% over the last 5 days.

That’s the combined share price movement of the largest 200 listed Aussie companies. And it’s just a snapshot of 5 days of trading.

But what if you were asked which single ASX 200 share you’d choose to hold onto not for 5 days, but 5 years.

That’s the question the Motley Fool posed to Andrew Martin earlier this month.

And Martin – principal portfolio manager of the Alphinity Australian Share Fund and Alphinity Concentrated Australian Share Fund – told us he had “the perfect” stock in mind.

The ASX 200 share to hold for 5 years

According to Martin:

Macquarie is one we’ve held for a while and we think they’re just getting better. It’s an incredibly adaptable company to the market conditions, and they’ve reinvented themselves a number of times. The operating environment we’re in is fantastic for them. And demand for their services is better than ever at the moment.

As far as holding onto the ASX 200 share for 5 years, Martin added:

I think Macquarie is the perfect stock to own for the next 5 years. Ironically, if the ASX closed for the next 5 years, the demand for their services would probably go up.

A really interesting part of their business, which I think still isn’t properly priced in the market, is their exposure to green energy. They’re a developer, a manager, a funder, and an owner of green energy assets. And that area of the market is just getting bigger and bigger. Macquarie is right in the centre of being able to make money out of that [clean energy] transition.

How has Macquarie been performing?

The Macquarie share price has been on a tear this year, up 44% so far in 2021. That compares to an 11% gain posted by the ASX 200.

Macquarie pays a 2.4% dividend yield, 40% franked.

The post The ASX 200 share I’d hold for 5 years: fund manager appeared first on The Motley Fool Australia.

More reading

• Macquarie (ASX:MQG) share price booted from $200 club after only one day
• Macquarie (ASX:MQG) share price breaks $200 mark for first time ever, sets new record high
• Brokers name 3 ASX shares to buy today
• ASX 200 (ASX:XJO) midday update: BHP and Rio Tinto fall, Qantas higher
• Aurizon (ASX:AZJ) share price rises amid transformative $2.35bn acquisition

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 Macquarie 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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The Beach Energy Ltd (ASX: BPT) share price is having a disappointing year.

Since the start of 2021, the energy producer’s shares have lost 21% of their value and trade at $1.45 today.

Could the Beach Energy share price bounce back to $1.70 by Christmas?

The good news for shareholders is that one leading broker believes the Beach Energy share price could rebound strongly from here.

According to a recent note out of Morgans, its analysts have an add rating and $1.71 price target on the company’s shares.

Based on the current Beach Energy share price, this implies potential upside of 18% for investors. This increases to 19% if you include the broker’s forecast for a 2 cents per share dividend in FY 2022.

All in all, the broker appears to see scope for Beach Energy’s shares to be back around the $1.70 mark come Christmas time.

Why is the broker positive?

Morgans is feeling positive about the energy sector.

It commented: “As expected the oil & gas sector is now enjoying a ‘catch up’ rally, as a delayed re-rating to rising oil and gas prices starts to kick in. We see real upside risk to current oil price assumptions, but see increased market confidence in oil’s floor as the greater positive likely to drive a lasting re-rating for sector valuations.”

And while Santos Ltd (ASX: STO) and Woodside Petroleum Limited (ASX: WPL) are Morgans’ top picks, it is also very positive on the Beach Energy share price.

“Amongst the large-caps we maintain our top equal preference for WPL and STO. We view both companies as well positioned as both pursue their own transformative mergers. WPL holds much larger exposure to spot oil and gas prices, while STO boasts a strong diversified earnings mix and investor support.”

“We also remain confident on value being on offer in BPT and COE. Both less exposed to current spot commodity prices, but both still looking oversold in long-term value terms with attractive upside,” it concluded.

The post Could the Beach Energy (ASX:BPT) share price hit $1.70 by Christmas? appeared first on The Motley Fool Australia.

More reading

• 5 things to watch on the ASX 200 on Tuesday
• Why Beach, Mineral Resources, Origin, and Telstra are storming higher
• These 3 ASX 200 shares topped the volume charts this Wednesday
• Why Beach, Flight Centre, Tyro, and Whitehaven Coal are dropping
• Why the Beach Energy (ASX:BPT) share price is tumbling 5% lower today

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 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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Today, the S&P/ASX 200 Index (ASX: XJO) kicked off the session strong but lost its stream as the day progressed. The benchmark index finished 0.03% higher to 7,443.3 points.

The standout sectors on Tuesday included tech and consumer discretionary. However, utility companies such as AGL Energy Ltd (ASX: AGL) and Origin Energy Ltd (ASX: ORG) proved to be a heavy weight for the index to bear. Fortunately, some solid performers managed to keep the market in the green overall for the day.

The question is: which shares delivered the biggest returns to investors on the ASX today? Here are the ten stocks that rose to the occasion:

Top 10 ASX shares countdown today

Looking at the top 200 listed companies, Dicker Data Ltd (ASX: DDR) was the biggest gainer today. Shares in the wholesale hardware and software distributor increased by 13.56%. This move followed the release of its third-quarter trading update. Find out more about Dicker Data here.

The next biggest gaining ASX share today was Pilbara Minerals Ltd (ASX: PLS). The lithium miner’s shares rallied 8.61%. Investors were eagerly buying Pilbara shares today following the announcement of an incorporated joint venture with Korean giant, POSCO. Uncover the latest Pilbara Minerals details here.

Today’s top 10 biggest gains were made in these ASX shares:

ASX-listed company	Share price	Price change
Dicker Data Ltd (ASX: DDR)	$14.99	13.56%
Pilbara Minerals Ltd (ASX: PLS)	$2.27	8.61%
Crown Resorts Ltd (ASX: CWN)	$10.43	7.97%
Novonix Ltd (ASX: NVX)	$6.90	7.31%
Liontown Resources Ltd (ASX: LIO)	$1.8175	5.67%
The Star Entertainment Group Ltd (ASX: SGR)	$3.615	4.48%
Megaport Ltd (ASX: MP1)	$18.26	4.11%
Codan Ltd (ASX: CDA)	$13.51	3.92%
Orocobre Ltd (ASX: ORE)	$9.55	3.92%
Sims Ltd (ASX: SGM)	$14.97	3.46%

Our top 10 ASX shares today countdown is a recurring end-of-day summary to ensure you know which companies were making big moves on the day. Check-in at Fool.com.au after the market has closed during weekdays to see which stocks make the countdown.

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

More reading

• Here are 10 years of ASX 200 historical returns
• These 3 ASX 200 shares are topping the volume charts this Tuesday
• Why Crown, Dicker Data, Neometals, and Pilbara Minerals are surging higher
• Dicker Data (ASX:DDR) share price up 13% on Q3 earnings
• Why is the ASX All Ordinaries lifting to a fresh 7-week 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 Dicker Data Limited and MEGAPORT FPO. The Motley Fool Australia owns shares of and has recommended Dicker Data Limited. 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 Coles Group Ltd (ASX: COL) share price finished the day lower on Tuesday. This comes after the supermarket operator announced the launch of its new online marketplace offering exclusive internet-only deals.

At the closing bell, Coles shares were changing hands for $17.52 apiece, a fall of 1.74%. It’s worth noting that since late September, its shares have gained around 6%.

Coles takes on Woolworths and Aldi with ‘Best Buys’ website

As the supermarket war heats up, Coles has entered the ring with its latest online platform to win new market share.

Labelled as Best Buys, the website will target consumers seeking discounted products that are not available in-store.

The exclusive range includes items from popular technology products to homewares and electrical appliances. The company aims to keep consumers intrigued by adding new products to the platform every Friday.

Under the Best Buys banner, anything ordered will be delivered free of charge and shipped directly from the supplier. This ensures the products are in the hands of customers more quickly.

Last month, rival Woolworths Group Ltd (ASX: WOW) introduced its own online version, dubbed “Everyday Market”. The website contains more than 20,000 products from varying categories such as household, health and beauty, toys, books, and pet care.

In addition, German discount chain Aldi began offering some of its highly prized products on its “Special Buys” section online. The unique retailer listed appliances and technology, sport and outdoor, entertainment and hobbies, and home and living products.

Coles share price summary

It’s been a rollercoaster ride for Coles shares over the last 12 months, posting a small gain of around 2%. When looking year-to-date, its shares have traversed the other way, down 3%, highlighting uncertain economic activity.

Based on today’s price, Coles commands a market capitalisation of roughly $23.45 billion, with approximately 1.33 billion shares on hand.

The post Own Coles (ASX:COL) shares? Here’s the retailer’s latest push for supremacy appeared first on The Motley Fool Australia.

More reading

• 2 blue chip ASX dividend shares rated as buys
• Why is the Woolworths (ASX:WOW) share price underperforming Coles lately?
• Is Coles (ASX:COL) a must-buy dividend share for income investors?
• 2 excellent dividend shares that analysts love
• Could the Coles (ASX:COL) share price hit $20 by the end of 2021?

Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended COLESGROUP DEF SET. 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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What kinds of historical returns does the S&P/ASX 200 Index (ASX: XJO) offer?

Most investors worth their salt will tell you that most of the money made on the ASX 200 (or any other) share market is made through combining compound interest with time. The great Warren Buffett is one of them. He once famously said that “the stock market is a device for transferring money from the impatient to the patient”.

There’s no better way of seeing this compounding in action than by looking at the past returns of a share market. Only then can one really appreciate the wonder of compound interest. We all worry about the next share market crash, but the boring-but-beautiful truth is that shares tend to go up far more often than they go down.

ASX 200 historical returns: 2011-2020

So let’s take a look at the ASX 200’s historical returns over the past ten years. These returns, courtesy of S&P Global, the company that runs the ASX 200 Index, include the benefits of dividends paid:

Year	Return of ASX 200
2011	(10.84%)
2012	19.88%
2013	19.88%
2014	5.31%
2015	2.25%
2016	11.45%
2017	11.46%
2018	(3.13%)
2019	23.02%
2020	1.18%

And here is that data in visual form:

As you can see, it’s been a lot more ‘up’ than ‘down’ over the past decade, albeit with the occasional bout of market volatility. It’s especially fascinating to see that the index even managed to eke out a positive gain last year, even after the worst market crash in a decade.

As it stands today, the ASX 200 looks set to enjoy yet another positive year in 2021 (touch wood), seeing as the Index has managed to put on an additional 11.33% in 2021 so far. Although we still have two-and-a-bit months to go until the end of the year, one could say things are looking promising.

The post Here are 10 years of ASX 200 historical returns appeared first on The Motley Fool Australia.

More reading

• These 3 ASX 200 shares are topping the volume charts this Tuesday
• Why is the ASX All Ordinaries lifting to a fresh 7-week high?
• ASX 200 (ASX:XJO) midday update: Crown and Pilbara Minerals surge higher
• 5 things to watch on the ASX 200 on Tuesday
• Here are the top 10 ASX shares today

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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