Tag: Motley Fool

  • 5 things to watch on the ASX 200 on Wednesday

    On Tuesday the S&P/ASX 200 Index (ASX: XJO) was out of form and tumbled notably lower. The benchmark index fell 1.5% to 7,275.6 points.

    Will the market be able to bounce back from this on Wednesday? Here are five things to watch:

    ASX 200 expected to sink again

    The Australian share market is expected to drop again on Wednesday. According to the latest SPI futures, the ASX 200 is poised to open the day 81 points or 1.1% lower. This follows a very bad night on Wall Street which saw the Dow Jones fall 1.6%, the S&P 500 drop 2%, and the Nasdaq sink 2.8%. A spike in US bond yields due to rate hike bets spooked investors.

    Webjet rated as a buy

    The team at Goldman Sachs has retained its buy rating on the Webjet Limited (ASX: WEB) share price. In response to the online travel agent’s virtual investor meeting, the broker has put a buy rating and $6.40 price target on its shares. Goldman notes that the travel recovery remains positive on the international front.

    Oil prices fall

    Energy producers Beach Energy Ltd (ASX: BPT) and Santos Ltd (ASX: STO) could be in the red today after oil prices pulled back. According to Bloomberg, the WTI crude oil price is down 0.85% to US$74.79 a barrel and the Brent crude oil price is down 1.2% to US$78.58 a barrel. The latter reached a three-year high before turning negative.

    Afterpay shares to fall

    The Afterpay Ltd (ASX: APT) share price looks likely to fall heavily on Wednesday. This follows a very poor night of trade for the Square share price. The payments giant’s shares fell 6% amid a selloff in the tech sector on Wall Street. And as Afterpay is being acquired in Square shares, any movements in its share price impacts the value of the takeover.

    Gold price falls

    Gold miners Evolution Mining Ltd (ASX: EVN) and Newcrest Mining Limited (ASX: NCM) could have a poor day after the gold price dropped overnight. According to CNBC, the spot gold price is down 1.1% to US$1,733.40 an ounce. The precious metal tumbled after bond yields jumped.

    The post 5 things to watch on the ASX 200 on Wednesday appeared first on The Motley Fool Australia.

    Wondering where you should invest $1,000 right now?

    When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

    *Returns as of August 16th 2021

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    Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended AFTERPAY T FPO. The Motley Fool Australia owns shares of and has recommended AFTERPAY T FPO and Webjet Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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  • 2 excellent ASX shares for a retirement portfolio

    If you’re looking for retirement portfolio options, then you may want to look at the shares listed below.

    Here’s why these ASX shares could be good options for retirees:

    Centuria Industrial Reit (ASX: CIP)

    The first ASX retirement share to consider is this industrial-focused property company. Centuria Industrial owns a portfolio of high quality industrial assets that has been constructed with the aim of delivering consistent income and capital growth to investors.

    The company’s portfolio is heavily weighted to areas of the economy that are growing fast and are in demand from tenants. This includes properties linked to the production, packaging, and distribution of consumer staples, telecommunications and pharmaceuticals.

    One leading broker that is positive on the company’s outlook is Macquarie. It currently has an outperform rating and $4.22 price target on its shares. The broker is also forecasting dividends per share of 17.3 cents in FY 2022 and 18.4 cents in FY 2023. Based on the current Centuria Industrial share price of $3.78, this equates to 4.6% and 4.9% yields, respectively.

    Lifestyle Communities Limited (ASX: LIC)

    Another ASX share that could be a good option for a retirement portfolio is Lifestyle Communities. It focuses on building, owning, and operating land lease communities that provide affordable housing options to Australians over 50.

    The company’s land lease model allows people to downsize their family home to free up equity in retirement whilst enjoying resort style living. This is proving to be very popular among Australia’s ageing population, which is underpinning solid growth.

    The good news is that the team at Goldman Sachs expect this solid form to continue. This is due to its belief that demand for land lease will strengthen as older Australians looks to enhance retirement by releasing equity from the family home.

    At present, the broker has a buy rating and $21.60 price target on its shares. It is also forecasting consistent dividend growth in the coming years. And while the yield is modest at current prices, it will grow in time.

    The post 2 excellent ASX shares for a retirement portfolio appeared first on The Motley Fool Australia.

    Wondering where you should invest $1,000 right now?

    When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

    *Returns as of August 16th 2021

    More reading

    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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  • 2 top tech ETFs for ASX investors in October

    digitised face hovering above share investor looking at computer screens

    Are you interested in boosting your portfolio with some tech-focused exchange traded funds (ETFs) in October?

    If you are, then you may want to look at these highly rated ETFs listed below. Here’s what you need to know about them:

    BetaShares Asia Technology Tigers ETF (ASX: ASIA)

    The BetaShares Asia Technology Tigers ETF was smashing the market earlier this year until regulatory and economic concerns in China led to a sharp pullback.

    While this is disappointing, it could potentially be a buying opportunity for investors looking to make a long term investment in the Asian tech sector.

    The BetaShares Asia Technology Tigers ETF allows investors to own a slice of many of the biggest and brightest tech shares in the region. This includes ecommerce giant Alibaba, search engine company Baidu, online retail platform Pinduoduo, and WeChat owner Tencent.

    Over the last five years, the index the fund tracks has generated a return of 21.5% per annum for investors.

    BetaShares NASDAQ 100 ETF (ASX: NDQ)

    Another option for investors interested in tech shares could be the BetaShares NASDAQ 100 ETF. This hugely popular ETF tracks the performance of the NASDAQ 100 Index before fees and expenses.

    This famous index comprises 100 of the largest non-financial companies listed on the NASDAQ stock exchange. This means you’ll be owning a slice of some of the biggest tech companies the world has to offer. These include Google parent Alphabet, Amazon, Apple, Facebook, Microsoft, Netflix, and Nvidia.

    BetaShares notes that this area of the market is underrepresented on the Australian share market. In light of this, the fund manager feels the ETF could help balance out a portfolio that is heavily weighted to financial and mining companies.

    Over the last five years, the BetaShares NASDAQ 100 ETF has also smashed the market. During this time, the ETF has generated a return of 27.9% per annum.

    The post 2 top tech ETFs for ASX investors in October appeared first on The Motley Fool Australia.

    Wondering where you should invest $1,000 right now?

    When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

    *Returns as of August 16th 2021

    More reading

    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. The Motley Fool Australia owns shares of and has recommended BETANASDAQ ETF UNITS and BetaShares Asia Technology Tigers ETF. 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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  • 2 founder-led ASX shares to buy now

    A man with a yellow background makes an annoncement, indicating share price changes on the ASX

    Founder-led companies have historically outperformed the rest of the market by some distance.

    While there are a number of factors that are potentially behind this phenomenon, one of the key factors is the way founders approach the running of their companies.

    Founders tend to take a long term approach with their company, whereas professional CEOs are often more focused on short term goals. And as it takes time to innovate, taking a long term focus appears to generate better results.

    With that in mind, I have picked out two founder-led ASX shares that could be good long term options. Here’s what you need to know about them:

    Airtasker Ltd (ASX: ART)

    The first founder-led company to look at is Airtasker. It is the online marketplace for local services run by founder Tim Fung. The popularity of its platform has been increasing significantly over the last few years, leading to stellar sales growth. For example, in FY 2021, Airtasker reported gross marketplace value (GMV) of $153.1 million. This was up 35% year on year, exceeding its GMV prospectus forecast of $143.7 million. This was driven by a 13% increase in paying customers to 415,000 and a jump in its average price per job/task metric to $198.

    The team at Morgans appear confident this strong growth will continue over the long term. As a result, the broker has an add rating and $1.30 price target on its shares.

    Kogan.com Ltd (ASX: KGN)

    Kogan is the growing ecommerce company led by founder Ruslan Kogan. Over the last 15 years, Mr Kogan has transformed the company from a small online website run out of his parents’ garage into one of Australia’s leading ecommerce sites with over 3.2 million active customers. In addition, Kogan has made acquisitions along the way, such as last year’s purchase of Mighty Ape. This business now has over 700,000 active customers as well. Pleasingly, this leaves Kogan well-positioned for growth over the next decade as the structural shift to online retailing continues.

    Credit Suisse is positive on the company. It currently has an outperform rating and $14.06 price target on its shares.

    The post 2 founder-led ASX shares to buy now appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Airtasker right now?

    Before you consider Airtasker, you’ll want to hear this.

    Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Airtasker wasn’t one of them.

    The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

    *Returns as of August 16th 2021

    More reading

    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 Kogan.com ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Airtasker Limited. The Motley Fool Australia owns shares of and has recommended Kogan.com ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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  • Tesla share price climbs following latest disruptive development

    man happy while driving tesla

    The Tesla Inc (NASDAQ: TSLA) share price climbed 2.2% last night, moving within reach of US$800 a share. Investor sentiment has largely been positive over the past month as the company takes steps towards full self-driving (FSD).

    Recently, the US-based company snuck in a new bit of software for its drivers hoping to gain access to the FSD beta program.

    The outcome was thousands of slow-moving Teslas littered throughout the United States. This might be strange at face value but there is a method to the madness.

    See, the latest request to join the program came bundled with the company’s new “Tesla Safety Score”. This acts as a report card for driving habits and only the best scores will be rewarded with access to the beta program.

    Beyond this, numerous Tesla commentators have speculated there may be more to the Safety Score than first thought.

    Let’s take a closer look at the details.

    What’s moving the Tesla share price?

    Incentivising safer driving

    Firstly, the introduction of a scoring system is a win for all motorists. Much like report cards in school, the scoring incentivises drivers to be on their best behaviour — or risk a scathing review. This is determined by 5 key safety factors being measured by the vehicle. These include:

    • Forward collision warning per 1,000 miles
    • Hard braking
    • Aggressive turning
    • Unsafe following
    • Forced autopilot disengagement

    These 5 factors are combined into a formula to calculate the driver’s ‘predicted collision frequency’ per 1 million miles. This means drivers are being led by the FSD carrot to attempt to drive more cautiously — great!

    But, at the same time, Tesla owners have wondered whether a stick approach could come into effect as well.

    https://platform.twitter.com/widgets.js

    For instance, Tesla offers its own vehicle insurance product and is making an effort to expand this offering. The implementation of the Safety Score could mean owners are given dynamic feedback on insurance prices based on their driving prowess.

    This could see drivers paying lower premiums for exhibiting better driving practices. In turn, both the customer and company would win out as safer drivers usually mean fewer accidents, resulting in fewer insurance payouts.

    Such use of technology in the insurance market could spell disruption for ASX-listed companies such as QBE Insurance Group Ltd (ASX: QBE) and Insurance Australia Group Ltd (ASX: IAG).

    Building data for regulators

    It is no secret that FSD has been a long-awaited ambition for Tesla followers and it’s still in the works. Furthermore, the latest iterations of Tesla FSD are on version 10 — with demonstrations showing cars able to navigate through city streets with minimal intervention.

    Although, a big barrier to mainstream adoption awaits Tesla in the form of regulators. Hence, some commentators are speculating on the use of the Safety Score data to make a case for FSD. For instance, the company would be hoping to show that FSD would exhibit a higher score than the average human driver.

    Analyst Daniel Ives of Wedbush has noted regulatory risk as a key concern for investors. Despite this, he holds a Tesla share price target of US$1,000.

    The post Tesla share price climbs following latest disruptive development appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Tesla right now?

    Before you consider Tesla, you’ll want to hear this.

    Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Tesla wasn’t one of them.

    The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

    *Returns as of August 16th 2021

    More reading

    Motley Fool contributor Mitchell Lawler owns shares in Tesla. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Tesla. The Motley Fool Australia owns shares of and has recommended Insurance Australia Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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  • Los Cerros (ASX:LCL) share price jumps 7% on gold update

    rising gold share price represented by a green arrow on piles of gold block

    The Los Cerros Ltd (ASX: LCL) share price headed north today following the company’s latest diamond drilling results.

    At the closing bell, Los Cerros shares ended the day up 7.69% to 14 cents a pop.

    What did Los Cerros announce?

    Los Cerros revealed a high-grade gold zone situated at the company’s 100% owned Quinchia Gold Project in Risaralda, Colombia.

    According to the release, the Tesorito South gold porphyry discovery has netted significant intercepts from the surface. As such, Los Cerros highlighted the below results:

    • Drill hole (TS-DH29) intercepted 107.6 meters at 1.1 grams per tonne of gold from surface
    • Drill hole (TS-DH30) intercepted 144 meters at 1.2 grams per tonne of gold from 6 meters
    • Drill hole (TS-DH28) intercepted 280 meters at 0.83 grams per tonne of gold from 148 meters

    The results form a large part of a drilling program that aims to identify boundaries of Tesorito South’s gold mineralisation. Los Cerros noted that the latest findings continue to demonstrate a further expansion of the high-grade shallow gold zone.

    Los Cerros managing director, Jason Stirbinskis added:

    We continue to be encouraged by strong results from our Tesorito drill campaign, particularly the high-grade surface results in TS-DH29 and ’30 which add to the potential volumes of 2-3g/t gold extending from surface- which is always going be a positive when we ultimately consider mining economics.

    The next steps for Los Cerros will be conducting a drone-based regional magnetic survey and deep IP (Induced Polarisation) geophysical programs over the Tesorito-Miraflores area.

    The company has four drill rigs currently drilling at Tesorito South with three rigs pursuing extensions to the north of the established zones. The fourth rig has commenced testing southern extensions which remain open on a wide front.

    Los Cerros share price summary

    Despite today’s gains, Los Cerros shares have tracked almost 30% lower over the past 12 months. When looking at year-to-date, its shares have travelled the other way, up around 10%.

    On valuation grounds, Los Cerros presides a market capitalisation of roughly $89 million, with approximately 635.6 million shares on issue.

    The post Los Cerros (ASX:LCL) share price jumps 7% on gold update appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Los Cerros right now?

    Before you consider Los Cerros, you’ll want to hear this.

    Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Los Cerros wasn’t one of them.

    The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

    *Returns as of August 16th 2021

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    Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. 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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  • Why is the AGL (ASX:AGL) share price down almost 4% on Tuesday?

    share price plummeting down

    The AGL Energy Limited (ASX: AGL) share price is having yet another day its investors would probably rather forget. AGL shares finished the day trading at $5.68 each, down a nasty 3.57%.

    This latest move means AGL has now lost around 4.7% just this week alone. It’s no doubt a disappointing move for many shareholders to watch, especialy seeing as AGL looked to be putting the new 52-week low of $5.22 that the company hit just last Monday behind it.

    Last week saw AGL hit its new all-time low on Monday, before the company quickly added more than 12% off of that low by Friday afternoon. However, this week’s moves back down have cut that gain. In saying that, AGL does remain almost 9% above its new all-time low at today’s pricing. 

    So what’s gone wrong with AGL shares this week?

    AGL share price comes under pressure

    Well, it’s not entirely clear. There are no major news or announcements out of AGL this week, save for some routine paperwork. Indeed, most of the recent developments surrounding the company could be described as positive. My Fool colleague James discussed a recent broker opinion on AGL shares late last week. These included a buy rating from broker Ord Minnet. That came with a 12-month share price target of $7.55 a share (implying a potential upside of more than 33%). 

    Fellow broker JPMorgan has also recently blessed AGL shares with a buy recommendation.

    Further, AGL also avoided some strife last week when shareholders declined to give the AGL board a second strike at its annual general meeting, thus avoiding a board spill.

    So, therefore, some hawkish investors may have decided that last week’s share price rally put AGL over the top in terms of valuation. Perhaps there are simply not enough buyers to keep AGL significantly above its new all-time low that we only saw last Monday.

    Today’s sharp S&P/ASX 200 Index (ASX: XJO) drop probably hasn’t helped AGL out either. So another possible explanation is that investors didn’t want to pile into AGL shares in the midst of today’s market downturn. 

    Whatever the reason for today’s hefty pullback in AGL shares, there will be a lot of disappointed investors out there today. 

    At the current AGL share price, the company has a market capitalisation of $3.5 billion. It’s dividend yield stands at 11.46%.

    The post Why is the AGL (ASX:AGL) share price down almost 4% on Tuesday? appeared first on The Motley Fool Australia.

    Should you invest $1,000 in AGL Energy right now?

    Before you consider AGL Energy, you’ll want to hear this.

    Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and AGL Energy wasn’t one of them.

    The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

    *Returns as of August 16th 2021

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    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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  • Leading brokers name 3 ASX shares to sell today

    Business man marking Sell on board and underlining it

    On Monday I looked at three ASX shares brokers have given buy ratings to this week.

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

    Australia and New Zealand Banking GrpLtd (ASX: ANZ)

    According to a note out of Citi, its analysts have retained their sell rating and $28.00 price target on this banking giant’s shares. Although the broker acknowledges that ANZ has the largest exposure to the New Zealand market, it doesn’t expect it to benefit as greatly from rising interest rates as the market may think. In light of this, it sees no reason to make any changes to its rating despite the RBNZ potentially increasing rates soon. The ANZ share price is fetching $27.62 today.

    Cochlear Limited (ASX: COH)

    Another note out of Citi reveals that its analysts have retained their sell rating and $220.00 price target on this hearing solutions company’s shares. It notes that the University of Pittsburgh has sued Cochlear in the USA for alleged patent infringement. However, the broker doesn’t believe the lawsuit will have a material impact. This is because Cochlear noted that its patents predate the university’s patent by several years. However, it still doesn’t see enough value in its shares at the current level to upgrade its rating. The Cochlear share price is trading at $220.53 today.

    Synlait Milk Ltd (ASX: SM1)

    Analysts at Macquarie have retained their underperform rating but lifted their price target on this dairy processor’s shares to NZ$3.40 (A$3.27). This follows the release of a disappointing full year result earlier this week. The one positive from the result, though, was that Synlait’s balance sheet was better than it expected. As a result, Macquarie has lifted its price target to reflect the lower balance sheet risk. However, the broker is expecting another tough year in FY 2022 and thus isn’t in a rush to change its rating. The Synlait share price was fetching A$3.51 on Tuesday.

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

    Wondering where you should invest $1,000 right now?

    When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

    *Returns as of August 16th 2021

    More reading

    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 Cochlear Ltd. The Motley Fool Australia has recommended Cochlear Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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  • Here are the top 10 ASX shares today

    Top 10 ASX 200 shares

    Today, the S&P/ASX 200 Index (ASX: XJO) experienced a challenging session. The benchmark index fell 1.37% to 7,283.2 points.

    It was a day of deep red with significant falls in the healthcare, tech, materials, and property sectors.

    However, 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, Beach Energy Ltd (ASX: BPT) was the biggest gainer today. Shares in the oil and gas company jumped 9.72% on the back of optimism among energy shares. Find out more about Beach Energy here.

    The next biggest gaining ASX share today was Oil Search Ltd (ASX: OSH). The oil and gas giant’s shares climbed 6.45% to $4.375, once again on euphoria for ASX-listed energy companies. Uncover the latest Oil Search details here.

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

    ASX-listed company Share price Price change
    Beach Energy Ltd (ASX: BPT) $1.355 9.72%
    Oil Search Ltd (ASX: OSH) $4.375 6.45%
    Whitehaven Coal Ltd (ASX: WHC) $3.25 5.86%
    Origin Energy Ltd (ASX: ORG) $4.755 5.43%
    Santos Ltd (ASX: STO) $7.105 5.42%
    AMP Ltd (ASX: AMP) $1.035 5.08%
    Woodside Petroleum Ltd (ASX: WPL) $23.97 4.76%
    Alumina Ltd (ASX: AWC) $2.18 4.31%
    Incitec Pivot Ltd (ASX: IPL) $2.945 4.06%
    Mercury NZ Ltd (ASX: MCY) $6.21 2.65%
    Data as at 4:00pm AEST

    Our top 10 ASX shares 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.

    Wondering where you should invest $1,000 right now?

    When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

    *Returns as of August 16th 2021

    More reading

    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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  • Oil at a 3 year high and travel stocks soar. Scott Phillips on Nine’s Late News

    Scott Phillips on Nine Late News 1 Sept 2021.

    Motley Fool Australia Chief Investment Officer Scott Phillips joined Nine’s Late News on Monday night to discuss the three year high for the oil price, travel shares soaring on plans to get out of lockdown, and investors continuing to wait for Evergrande.

    The post Oil at a 3 year high and travel stocks soar. Scott Phillips on Nine’s Late News appeared first on The Motley Fool Australia.

    Wondering where you should invest $1,000 right now?

    When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

    *Returns as of August 16th 2021

    More reading

    Motley Fool contributor Scott Phillips owns shares of Corporate Travel Management Limited and Webjet Ltd. 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 Corporate Travel Management Limited and Webjet Ltd. The Motley Fool Australia has recommended Flight Centre Travel 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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