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The ASX 200 got close to cracking through the 8000 point mark, as better inflation numbers suggested again that rate cuts could be on the way. MARKET WRAP: ASX200: up 0.71%, 7,999 GOLD: $3,029 US/oz BITCOIN: $139,581 AUD Commbank up 1.1%, Westpac rising 1.2%, NAB picking up 0.7%, and ANZ jumping almost 3%. Brent Crude oil has steadily been rising in price, up over $73 US a barrel and helping the local energy sector. Santos rose 1.7%, while Woodside was up 0.4%. Vulcan rose 12.8% to $5.36 after one of its projects was listed as crucial for the European Commission’s critical minerals supply. Paladin Energy fell 11.6% to $5.65 after it pulled back on its guidance following heavy rainfall in its Namibian mine The half year results for telco Tuas showed a profit of $3 million, with shares down 7.5% to $5.80. CSL down 1.5%, Ramsay Health Care down 1.3% CURRENCY UPDATE: AUD/USD: 63.20 US cents AUD/GBP: 49.0 British pence AUD/EUR: 58 Euro cents AUD/JPY: 95 Japanese yen AUD/NZD: 1.10 NZ dollars See omnystudio.com/listener for privacy information.
With the Australian reporting season just about coming to an end, Nvidia has been a big focus for investors on Wall Street. MARKET WRAP: ASX200: up 0.33%, 8,268 GOLD: $2,909 US/oz BITCOIN: $136,955 AUD Qantas shares jumped another 5.6% on the day to $9.39 – and has gained more than 80% over the last year. Medibank Private announced better retention of clients and fewer claims shares up just under 10% to $4.42 Ramsay Health Care shares up more than 6% to $36.18 Infratil lifted more than 2% to $9.72 after an increase in shareholding from some board members. Sequoia reported 137% lift in profit - shares jumped more than 3% to 44 ½ cents. Perpetual fell just under 10% after a disappointing reporting result and again confirming the takeover from private equity firm KKR was off the table. Mercury New Zealand shares down 7% to $5.40 Pro medicus fell more than 3% to $263.08 and CSL fell 1.7% to $260.29 And Wisetech global have had a busy week, but shares were sold down today down to $93.99. CURRENCY UPDATE: AUD/USD: 62.95 US cents AUD/GBP: 49.7 pence AUD/EUR: 60 Euro cents AUD/JPY: 94 Japanese yen AUD/NZD: 1.10 NZ dollars See omnystudio.com/listener for privacy information.
Star Entertainment are looking for a cash injection, but with state governments unlikely to help, is this the end for the casino operator? MARKET WRAP: ASX200: up 0.45%, 8,347 GOLD: $2,748 US/oz BITCOIN: $172,773 AUD Dropping over 5% to $1.41 was Karoon Energy on disappointing news about its US exploration well. Woodside down 0.6% and Viva Energy, down 1.8%. Down by more than 1% were Transurban, Evolution Mining, and Ramsay Health Care. Commbank & NAB up 0.8%, and Macquarie gaining 1.9% Software company Iress lifted by 6.2% after saying it would sell its superannuation business for $40 million. And a loan from the US Department of Energy worth $1.6 billion helped lithium miner Ioneer to shoot up more than 20% to 20 cents a share. CURRENCY UPDATE: AUD/USD: 62.18 US cents AUD/GBP: 50.9 pence AUD/EUR: 60 Euro cents AUD/JPY: 97 Japanese yen AUD/NZD: 1.10 NZ dollars See omnystudio.com/listener for privacy information.
As reporting season edges towards its end, we dive into the results of Qantas as it continues to push for a turnaround to the business. ASX200: down 0.33%, 8,045 AUD: 68.04 US cents GOLD: $2,548 US/oz BITCOIN: $87,424 AUD Cettire's woes continued. Annual profit dropped by 34%, adding to the turbulent year for the fashion brand, with shares down over 20% in trading today. Mineral Resources won't pay a dividend after being affected by softer lithium prices, with shares down 8.1%. There were also losses for BHP, Woodside and Woolworths. Qantas shares lifted in late trading, up 0.8% on the day after its full year profit fell by 28% to $1.25 billion. Bega lifted revenue and profit helping the company's price up by 9.4% to $4.66. Record revenue for IDP Education saw its shares lift by 3.1%. While there were gains of more than 1% for Computershare, Ramsay Health Care, and Charter Hall. See omnystudio.com/listener for privacy information.
The family of toddler Sandipan Dhar who died from undiagnosed Lukemia are rejecting Ramsay Health Care's review Sandipan received "appropriate and well-managed" care. Patient advocate Suresh Rajan told Gary Adshead on 6PR Mornings the report does not explain why requests for a blood test were overlooked. "We know that a blood test would have actually found it [Lukemia]," said Mr Rajan. See omnystudio.com/listener for privacy information.
In this episode, we have the pleasure of conversing with Laura Sturt-Addicott, an organizational psychologist with a rich background in working for both UK and Australian-based corporations, including her recent role at one of Australia's big four banks. Laura has now assumed the position of Director of Digital Mindset and Literacy at Ramsay Health Care, with a global scope. Her extensive expertise lies in the field of organizational psychology and workplace well-being. Our discussion delves into various aspects, including the creation of a psychologically safe environment, the significance of having a clear vision and purpose, and the critical importance of autonomy, mastery, and purpose in our daily lives, particularly in the context of our professional careers. I hope you enjoy this conversation I had with Laura Sturt-Addicott. ---- Shownotes are available at Laura Sturt: From Burnout to Brilliance: Strategies for Employee Well-Being ---- Join the Unstress Health Community & Transform Your Life! https://bit.ly/3SRq0gg Connect with Dr Ron at Unstress Health Instagram: https://www.instagram.com/unstresshealth/ Facebook: https://fb.me/unstresshealth Email: admin@unstresshealth.com DISCLAIMER: This podcast provides general information and discussion about medicine, health and related subjects. This content is not intended and should not be construed as medical advice or as a substitute for care by a qualified medical practitioner. If you or any other person has a medical concern, he or she should consult with an appropriately qualified medical practitioner. Guests who speak in this podcast express their own opinions, experiences and conclusions. See omnystudio.com/listener for privacy information.
Morgans Senior Analyst Scott Power comments on the latest Healthcare sector results for this August 2023 reporting season. Focusing on Sonic Healthcare (SHL) & Ramsay Health Care (RHC). Check out more from Morgans: Visit the Morgans website: www.morgans.com.au Check out our blog: www.morgans.com.au/Blog On Facebook: www.facebook.com/MorgansAU On Instagram: www.instagram.com/Morgans.Australia On Twitter: twitter.com/MorgansAU
Establishing a strong and purposeful employee experience in your organisation can take an incredible amount of time, dedication, and invested energy. So, if you could find all the People tools and resources that you needed packaged up in one platform, backed by science and data, how much easier would that make your life as a leader and give you the confidence to know that you were giving your organisation the best possible advantage? Well, today's guest is here to tell us that this is possible. Damon Klotz, who has what could be described as one of the coolest titles, is a Work Culture Evangelist at Culture Amp, a market-leading employee experience platform. I first discovered Damon and his podcast Culture First, in the midst of the pandemic tuning into his episode with Jen Sauer-Klein, an experience designer in the States. This singular episode gave me a new perspective on the role of our environments in how we influence experiences consciously through design, adding another tool to my tool kit. Jen is among a number of incredible guests that Damon has had the opportunity to engage in conversation on his podcast, so I was incredibly happy when he agreed to join me here to learn more on what have been some of the most impactful conversations that he has had. What I also learnt through this episode is the diverse career that Damon has had that led him to his current role as Work Culture Evangelist. As you'll hear Damon is quite the overachiever, prior to Culture Amp he was leading community HR groups, through to being the Global Manager of Digital Strategy for Ramsay Health Care, a keynote speaker on the future of work, and the Co-Founder of Spur Projects, a social enterprise dedicated to reducing the suicide rate of men in Australia. And he shares how a desire to be a sports manager and leverage the community of teams has found its way through to the work he and the team at Culture Amp do. You'll also learn more about Culture Amp and the wealth of data that they have accumulated from supporting the employee experience across numerous countries since launching in 2009, How the platform supports organisations to leverage this “data lake” to continue to enhance the employee, manager and team experience And how taking a community focused approach to building Culture Amp has been a key foundation in its success, growing the company from 100 to 6500 customers, and the role that Damon played in establishing it Plus what Damon has learned about communication, transparency and trust from his conversations about People & Culture throughout the pandemic So many interesting highlights in this episode, along with some great additional listening recommendations over on the Culture First podcast. Damon also leaves us with some insights into how he has consciously continued to grow with the organisation from start up to now and its various iterations, all great self-reflection points for us to consider in our own growth mindset and experience of comfort. LINKS Get your copy of Mel's new Book “The Next Workplace; Designing Dynamic Environments that Inspire Human Potential” Connect with Damon; LinkedIn | Culture Amp Connect with Mel; Email | Insta | LinkedIn | Website | Website | Whitepaper - The Road Map to Employee Experience
Tony Damian and Andrew Rich chat with Henrietta Rowe, Group General Counsel of Ramsay Health Care. Some great tips for all deal advisers!
BACK BY POPULAR DEMAND! David Thodey is one of Australia's most respected and influential leaders. He was part of the original eight male CEOs asked to be on the then titled Male Champions of Change. David is the Chairman of CSIRO, Tyro and Xero and is a non-executive board director of Ramsay Health Care, a global hospital group and prior to this was a successful CEO for Telstra and IBM Australia and New Zealand In this Brave Feminine Leadership Podcast Bite, Melissa and David discuss self-awareness, imposter syndrome and how diversity is not a policy, it's a way of life. Listen today. ----------------------- Craving inspiration? I send an email each Sunday about leadership reflection, tops tips to build an intentional & sustainable life and other things that have captured my attention and are too good not to share! Sign up here: https://www.bravefeminineleadership.com/leadershipinspiration Loving the podcast? Leave us a short review. It takes less than 60 seconds & will inspire like-minded leaders to join the conversation Are we friends? Follow us Instagram LinkedIn
Lindsay Taylor, co-Founder & Director of Your Excellency Limited Virtual Academy shares inspirational learning for the EA, PA and Administrative Professional in her podcast featuring top guests and stars in the Administrative Professional community. This podcast features Leisa Chisolm, Executive Assistant to the CEO at Ramsay Health Care Australia. Ramsay Health Care is a leading global health provider with more than 500 locations globally, 73 of which are in Australia. In December 2022 Leisa was crowned the winner of The Head Capacity Creator Category at the Australian Admin Awards (AAAs). Your Excellency sponsored this Category. Time:0224 Welcome and introduction of Leisa using the initial letters of her name0759 Background to Ramsay Health Care0933 Current role with favourite and not-so-favourite bits1153 Leisa's career background1355 The AAA (Australian Admin Awards) 1746 Takeaways from the AAAs 2007 You have 10 minutes of your life to replay…2139 What advice would you give your younger self?2258 What 3 people (alive or historic) would you invite to a dinner party? Resources/Weblinks Leisa Chisholm is on LinkedIn here Ramsay Health Care The AAAs The Mini MBA for Senior & Executive Assistants Programme – Australia
David Thodey is one of Australia's most respected and influential leaders. He was part of the original eight male CEOs asked to be on the then titled Male Champions of Change. David is the Chairman of CSIRO, Tyro and Xero and is a non-executive board director of Ramsay Health Care, a global hospital group and prior to this was a successful CEO for Telstra and IBM Australia and New Zealand In this Brave Feminine Leadership Podcast Bite, Melissa and David discuss self-awareness, imposter syndrome and how diversity is not a policy, it's a way of life. Listen here now.
The Australian market's rally extended into a fourth straight session today with the key index ending the day up 0.65%, driven by a surge in real estate stocks today.ANZ consumer confidence data for last week out today shows Aussie confidence fell 0.5% following the RBA's latest interest rate hike, however Westpac Consumer Confidence data for September also out today showed an increase of 3.9%, rebounding from a 3% fall in August and rising for the first time since November 2021.NAB business confidence data was also released today, which showed businesses were also confident in August as the index rose 2 points to 10 in August and conditions remain strong across the states and most industries indicating that demand remains strong. NAB expects that inflation and rising interest rates will eventually begin to weigh on household budgets which will in-turn lead to decreasing demand.The best performing stocks today were Chalice Mining (ASX:CHN) which added almost 10%, NOVONIX (ASX:NVX) gained 7.5% and BrainChip (ASX:BRN) jumped 5.8%.The bigger stories came out of the losing front today:Link Administration (ASX:LNK) nosedived more than 20% as investors fled the stock on concerns that the company's proposed $2.5b buyout by Dye & Durham would be derailed by the UK's Financial Conduct Authority's regulatory approval process.A consortium of investors led by KKR pulled out of takeover talks with Ramsay Health Care (ASX:RHC) for a buyout worth nearly $30b which led to Ramsay Health Care shares tumbling 10%.Woolworths' (ASX:WOW) acquisition of 80.2% of issued shares in MyDeal was approved by the NSW Supreme Court today. It is expected that an office copy of the Court orders will be lodged with ASIC tomorrow, at which time the Scheme will become legally effective.Star Entertainment Group (ASX:SGR) has been found unfit to hold a casino licence in NSW today following a lengthy inquiry into the hotel and casino giant by the NSW Independent Casino Commission. Shares in SGR rallied more than 3% today in a sign the market expected this outcome from the inquiry and in anticipation of who will come in to recover and restructure the casino giant in order to comply with regulations. The top traded stocks by Bell Direct clients today were Mineral Resources (ASX:MIN), BHP Group (ASX:BHP) and Macquarie Group (ASX:MQG).In economic data, investors are eagerly awaiting the release of US inflation data for August which is out later tonight, to gain an insight into whether the cost of living in the world's largest economy continued to decline for the month.
US Futures are indicating a slightly lower open. European equity markets have opened higher, following positive performance in Asia. Macro headlines focus on the speech by Fed Chair Powell later today at Jackson Hole. Expectations are for a hawkish commentary that echoes recent pushback against a policy pivot and repeats the need to continue tightening until inflation is retreating in a convincing manner. Companies Mentioned: Merck, Seagen, KKR, Ramsay Health Care, Everbridge
Stairway to seven heaven... the ASX/S&P200 closed above the 7000 mark rallying 0.71% to 7048.1. Most sectors ended the session in the green, apart from consumer staples and utilities which fell 1.87% and 0.55% respectively. Reporting season news was the key driver for share price moves. Insignia Financial was the big winner, popping 11.3% after posting a decent full year profit. Paladin, Nine Entertainment and Pendal Group also rose thanks to investors taking kindly to their numbers. City Chic got a real undressing, shedding more than 18% as its report missed expectations. Domino's got burnt by 9.3%, despite saying costs were on the down heading into FY23. Wesfarmers, OZ Minerals and Ramsay Health Care - to name a few - are due to drop reports tomorrow. All before the blockbuster event of the week... Jackson Hole in the US.Our top three VODs:Top three thematic ETFs right nowQantas buyback better for long-term shareholdersCoal producers reap the benefits of energy crunch Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.
US equity futures are indicating a higher open as of 05:00 ET. European equity markets are higher, with London markets closed for the remainder of the week for Queen's Jubilee celebrations. Asian markets were mostly lower, however mainland China rose again on reopening hopes and more stimulus. Saudi Arabia is prepared to boost crude production if sanctions curtail Russian output. Companies Mentioned: Blackstone, Barclays, KKR, Ramsay Health Care, Delta Air Lines, Boeing
This week we cover US and China retail Sales data, the RBA minutes, Australian unemployment data, Ramsay Health Care and Aristocrat. This market highlight is proudly brought to by Milford https://milfordasset.com.au/ Join the XY platform: App Store: http://co.xyadviser.com/xyistore Google Play: http://co.xyadviser.com/xygplay Desktop: https://www.xyadviser.com/ General Disclaimer – https://www.xyadviser.com/disclaimer/
vMDTs are here to stay as they transform healthcare delivery and outcomes. Dr Tim Smith is a former Deputy Secretary of the Ministry of Health in New South Wales, as well as a top executive in hospital and community health services. Dr Talat Uppal is an obstetrician and gynaecologist who has also received ultrasonography training. Sue Sinclair is the Service Line Director for Cancer Care at Ramsay Health Care. Sue has worked at a strategic level in the healthcare sector for almost fifteen years. Clinivid is an intuitive information-sharing platform for clinicians everywhere. It's secure, quick, helps you do your job better. In this episode, Pete, Tim, Talat and Sue come together for a live panel conversation. They will be looking into Virtual MDTs, improving outcomes and minimising legal risk. This episode covers a range of topics surrounding virtual MDTS, including their medicolegal considerations, future, implementation and much more. Check out the episode and full show notes here. To see the latest information, news, events and jobs on offer at Clinivid, visit their Talking HealthTech Directory here. Loving the show? Leave us a review, and share it with some friends, and let us know how we can improve by completing our podcast listener survey. Keen to take your healthtech to the next level? Become a THT+ Member for access to our online community forum, quarterly summits and more exclusive content. For more information visit here.
Netflix may offer a lower-priced version with ads in order to boost revenue as its subscriber numbers drop. Global private equity giant KKR has partnered with a few sovereign wealth and superannuation funds in a $20 billion-plus offer for Ramsay Health Care, Australia's largest private hospital operator. Tesla's revenue hit $18.7 billion for the first 3 months of the year, up from last year's $10 billion - but the company's still looking at increasing its prices. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play Store): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes. See omnystudio.com/listener for privacy information.
This week we cover the Chinese economy expansion, the German Producer Price Index, the RBA minutes, NTD, Ramsay Health Care and Netflix. This market highlight is proudly brought to by Milford https://milfordasset.com.au/ Join the XY platform: App Store: http://co.xyadviser.com/xyistore Google Play: http://co.xyadviser.com/xygplay Desktop: https://www.xyadviser.com/ General Disclaimer – https://www.xyadviser.com/disclaimer/
The Aussie share market advanced 0.9% this week (Mon-Thu). Most industry sectors posted gains, except for the tech and materials sectors which came under pressure.In this week's wrap, Sophia covers:(0:56) Why Ramsay Health Care (ASX:RHC) gained 29%(2:32) Megaport (ASX:MP1) falling after disappointing results(2:51) The top stocks in the All Ords this week(3:35) The most traded stocks by Bell Direct clients(3:52) Two stocks to consider if you're buying the dip(5:41) Three economic news items to watch out for
Netflix (NFLX) share price drops 25 percent. Johnson & Johnson (JNJ) beats Q1 estimates, but reports weak demand for its Covid-19 vaccine. Ramsay Health Care (RHC) says it's received a takeover bid from a consortium led by KKR & Co (KKR), if it goes through it could be the biggest overseas private equity purchase in Australian history. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies' bite-sized email update: https://www.sharesies.nz/lunch-money If you'd like to get in touch, for any reason at all, email recap@sharesies.co.nz or record a voice message: https://anchor.fm/sharesies2/message. Investing involves risk. You aren't guaranteed to make money, and you might lose the money you start with. We don't provide personalised advice or recommendations. Any information we provide is general only and current at the time. For specific advice, speak to a licensed financial advice provider.
Aussie shares faded from best levels earlier in the day to close flat at session lows. Materials and energy stocks were the laggards, while the healthcare sector surged on takeover offer for Ramsay Health Care. This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) is a wholly owned but non-guaranteed subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 and a market participant of ASX Limited and Cboe Australia Pty Limited (formerly Chi-X Australia Pty Limited), a clearing participant of ASX Clear Pty Limited and a settlement participant of ASX Settlement Pty Limited. Any advice contained in this report is general advice only and is not a recommendation to buy, sell or hold any securities, property, real estate or financial products, and has been prepared without taking account of the objectives, financial situation or needs of any particular individual. Before making any investment decision, you should consider your own investment needs and objectives and consider seeking financial advice. Past performance is not a reliable indicator of future performance. This report is produced by Commonwealth Securities Limited based on information available at the time of publishing. We believe that the information in this report is correct and any opinions, conclusions or recommendations are reasonably held or made as at the time of its compilation, but no warranty is made as to accuracy, reliability or completeness. To the extent permitted by law, neither the Bank nor any of its subsidiaries accept liability to any person for loss or damage arising from the use of this report.
The local market advanced slightly higher yesterday, up 0.1% to 7,569 points, just 0.8% off reaching its record high. Sectors wise, the healthcare sector led the market, boosted by a sizeable jump in Ramsay Health Care (ASX:RHC)'s share price. RHC, the second largest Australian-listed health company lifted an impressive 24% to $80 per share, after receiving a takeover proposal from private equity company, KKR. On the flip side, investment platform, HUB24 (ASX:HUB) fell the most, down 6.5% following some brokers responding to the company's latest quarterly update, with a few trimming their price targets. The most traded stocks by Bell Direct clients yesterday included Westpac (ASX:WBC), Lake Resources (ASX:LKE) and Ramsay Health Care (ASX:RHC). The US market was divided. The Dow managed to gain about 250 points, off the back of strong results from Procter & Gamble, while the Nasdaq was dragged down by Netflix's disappointing results, where it saw its first subscriber loss in more than 10 years. As well as company results, investors were keeping a close eye on the 10-year Treasury yield which retreated on Wednesday.What to watch today:Despite the mixed session in the US, if you go by the SPI futures, the Aussie share market is set to open 0.40% higher this morning. Keep an eye on BNPL stock Zip (ASX:Z1P), the company will be releasing its third quarter update this morning. And as at the start of today's trading session, Zip's ticker code will change from Z1P to ZIP. Other companies set to release results today include BHP Group (ASX:BHP), Brambles (ASX:BXB), Challenger (ASX:CGF), Evolution Mining (ASX:EVN), Stockland (ASX:SGP) and Santos (ASX:STO).In commodities, the oil price rebounded following a drop in US oil inventories and concerns over tight supplies. The gold price traded slightly higher at US$1,957 an ounce. While the spot iron ore price is trading 2.7% lower at US$146 a tonne.There are two new companies debuting on the Aussie share market today. Firstly, Australian battery metals exploration company, Pure Minerals, its ticker code is PR1. And secondly, Perth-based crop nutrition company RLF AgTech, which will be trading under the ticker code RLF.There are also a few companies paying their dividends today. These include Lovisa (ASX:LOV), Rio Tinto (ASX:RIO), Cochlear (ASX:COH) and Austal (ASX:ASB).Lastly, capital market company, Plato Income Maximiser (ASX:PL8) and MFF Capital Investments (ASX:MFF) are set to go ex-dividend today.Trading Ideas:Bell Potter have maintained its BUY rating on chemical manufacturing company, DGL Group (ASX:DGL) and have increased its price target from $3.50 to $4.30. DGL continues to validate its chemicals logistics vertical and despite record seasonal tailwinds, Bell Potter believe the company has several levers to grow earnings in financial year 2023. Trading Central has a bearish signal on Rio Tinto (ASX:RIO), indicating that the stock price may fall from the close of $118.30 to the range of $95 - $100 in the next 32 days according to standard principals of technical analysis.
A decent lead from Wall Street made for an upbeat open, but this time it wasn't about resource stocks. Materials closed down 1.5%, not helped by Rio's production hiccups and shaky forward guidance. RIO closed down 2.8%. The energy complex also took a breather along with a step down in the oil price. Woodside closed down 0.7% and Santos down 1.08%, despite the latter planning a share buyback. M&A is never far away, and this time it was private equity offering overs for Ramsay Health Care. It closed 25% higher and still nowhere near the $88 indicative bid. Whitehaven Coal's update reflected a record coal price, shares closing up nearly 3%, a 3-year high. A lack of policy easing over in China deflated the morning rally, and in the end S&P/ASX200 only managed to add 4 points, to 7569. Our top three VODs:Buy, Hold, Sell: Ben Clark's hump day picksIgnore themes & get specific in small capsWhy earnings momentum could unlock portfolio alpha See acast.com/privacy for privacy and opt-out information.
The Aussie share market started yesterday down 0.6%, however managed to close just 0.08% lower yesterday to 7,447. Only three sectors managed to post gains, while the tech and consumer discretionary sectors were hit the hardest. The tech sector is suffering from a spike in bond yields as markets anticipate a faster tightening cycle by central banks.Looking at the ASX200 stock performance, the top stock yesterday was battery materials and technology company, Novonix (ASX:NVX). The stock was up 10.8% after announcing its intentions to list on a second stock exchange, the Nasdaq in the US. AGL Energy (ASX:AGL) also performed well, rising 8.6%, following a bullish broker note from Credit Suisse, upgrading the stock to “outperform”. And some of the other best performing stocks included mining stocks Alumina (ASX:ALU), Champion Iron (ASX:CIA), Chalice Mining (ASX:CHN) and Iluka Resources (ASX:ILU). Reliance Worldwide (ASX:RWC) was the worst performer, down 3.4%, despite no news out from the company, and both Xero (ASX:XRO) and WiseTech Global (ASX:WTC) saw some selling as the tech sector came under pressure.The most traded stocks by Bell Direct clients yesterday was Wesfarmers (ASX:WES). The company is now the last one standing in the takeover of Priceline owner Australian Pharmaceuticals Industries (ASX:API), after Woolworths withdrew its proposal. Afterpay (ASX:APT), Telstra (ASX:TLS) and Fortescue Metals (ASX:FMG) were also highly traded yesterday. In the US, stocks recovered from earlier losses, staging an afternoon rally that put an end to the Nasdaq's four day losing streak. The tech-heavy Nasdaq closed 0.05% higher, while the Dow and S&P500 both fell, down 0.45% and 0.14% respectively. European stocks closed lower amid interest rate fears, ahead of key US inflation data out this week and more comments from US Federal Reserve Chairman Jerome Powell on interest rate hikes.For today, following the mixed session on Wall Street, the futures are suggesting the Aussie share market will open 0.56% lower. What to watch today: Keep an eye on Ramsay Health Care (ASX:RHC). The company reached agreement regarding a new volume-based agreement with the NHSE, the National Health Service in England, which makes its services available to the NHSE and its patients to meet the ongoing demands resulting from the COVID-19 pandemic. If the agreement is well received by investors, its shares could lift.Economic news out today includes Australia's balance of trade data for November. Australia's trade surplus decreased to A$11.22 billion in October from a downwardly revised A$11.82 billion in the previous month. Consensus expects trade surplus to decrease again to A$10.6 billion in November. Separately, retail sales for November will also be released today.Oil prices fell on demand concerns given the rapid global rise in omicron infections, while the gold price edged higher despite US 10-year Treasury yields hitting two-year highs. And the seaborne iron ore price traded slightly higher to US$126 a tonne. Trading Ideas: Bell Potter have upgraded their rating on coal mining company, Whitehaven Coal (ASX:WHC) from a HOLD to a BUY, and have also increased their price target from $3.50 to $3.60. Bell Potter believe the coal price strength from mid-2021 should now be flowing through to realised prices, which should materially lift free cash flow. Operational risks at Narrabri remain, however, should abate over 2022. Therefore, Bell Potter believe WHC is cheap on most valuation metrics, and that supports their upgrade to a BUY. Now, WHC closed 5% higher yesterday to $2.89, which implies about 25% share price growth in a year.Trading Central has a bullish signal on EML Payments (ASX:EML). This signal indicates that the stock price may rise from the close of $3.22 to the range of $4.30 - $4.50 in
Join us as we chat with an incredibly insightful, genuine and accomplished psychiatrist, Professor Malcolm Hopwood. Currently holding positions of Professor of Psychiatry with Ramsay Health Care at the University of Melbourne, and Clinical Director of the Professorial Psychiatry Unit at the Albert Road Clinic, Prof. Hopwood provides us with a unique perspective into his long and established career. He talks us through some of his interests in the field (including a passion for learning about mood and anxiety disorders), his role in supporting patients, a word on COVID and the importance of research in psychiatry, being a leading researcher in Australia investigating psychopharmacology and clinical aspects of mood and anxiety disorders. Not to mention, having been the president of the RANZCP from 2015-2017, he has some profoundly important advice for entering the psychiatry training program here in Australia, and for anyone keen on pursuing psychiatry as a career! TW: We will be discussing issues relating to mental health, focusing on mental health disorders such as anxiety. We really encourage you to please reach out for support if you feel you need it and to only listen in if you feel comfortable and able to do so (see timestamps below for descriptions of specific sections). So today, let's start the conversation, let's break down the misconceptions and let's learn more about psychiatry! Key time stamps below (as per questions asked): 3:14 - Introduction into career journey from Prof. Hopwood 4:10 - Insight into demographic of patients worked with, interests within the field 5:50 - Why did you want to become a psychiatrist? 9:37 - Research within psychiatry 15:30 - Advice for students interested in getting involved in research 19:34 - Providing support to patients 26:35 - Mental health during COVID 33:46 - Looking after your own mental health as a psychiatrist 43:44 - Advice for medical students interested in psychiatry 53:52 - Wrapping up, final words of advice
The ASX200 extended its poor performance yesterday, falling about 1%. This dragged the market to a four-month low. Rising bond yields and a fall in the iron ore price put pressure on all sectors, with tech stocks taking the biggest hit. The market was mixed in the US. The Dow Jones managed to add 90 points, the S&P500 slightly rose 0.16%, while the tech heavy Nasdaq came under pressure, falling 0.24%, following the volatile 10-year Treasury yield. The House on Wednesday passed a bill to suspend the US debt ceiling as the US heads towards a first-ever default with no clear solution in sight.Following the mixed session on Wall Street, the futures are suggesting the Aussie share market will open 0.32% higher this morning.What to watch today:In economic news, building permits will be released today. Consensus expects total dwellings approved in Australia to decline 5%, after the 8.6% drop in the prior month. Companies that are paying their latest dividends include Bendigo and Australia Bank (ASX:BEN), CSL (ASX:CSL), Fortescue Metals Group (ASX:FMG), Newcrest Mining (ASX:NCM) and Ramsay Health Care (ASX:RHC). Separately, Westgold Resources (ASX:WGX) goes ex-dividend today. The most traded stocks by Bell Direct clients yesterday included Mineral Resources (ASX:MIN). Its shares fell 5.6% yesterday following the decline in the iron ore price, which is driven by power outages in China and lingering concerns over Evergrande's default. Other highly traded stocks included ANZ (ASX:ANZ), Tabcorp (ASX:TAH), Regis Resources (ASX:RRL) and Brambles (ASX:BXB).The oil price edged lower on Wednesday to about US$75 a barrel. This comes as US crude inventories rose more than expected, despite OPEC planning to maintain its deliberate approach to adding supply to the market despite strong worldwide demand. The uranium price rose 5%, while on the flip side, the lithium price fell 5%. Meanwhile, the gold price fell following the dollar rising and due to the growing confidence that the Fed will soon begin winding down its economic support measures. Trading ideas:Bell Potter has rated iron ore exploration and development company Genmin (ASX:GEN) as a Speculative BUY, with a price target of $0.44. GEN closed yesterday at $0.17, which implies about 159% share price growth.Bullish charting signals have been identified in Insurance Australia Group (ASX:IAG), Resolute Mining (ASX:RSG) and Perseus Mining (ASX:PRU) according to Trading Central.
The Aussie share market is set to open lower, with the futures suggesting a fall of 0.3%. What to watch today: The iron ore price rose 3% to US$144.83, while copper rose 0.8%. The oil price fell 1% to US$69, as US jobs grew at their slowest pace in 7 months, due to a surge in COVID-19 infections. Companies going ex-dividend today: Ramsay Health Care (ASX:RHC), Australian Finance Group (ASX:AFG), Altium (ASX:ALU), Australian Securities Exchange (ASX:ASX), Northern Star Resources (ASX: NST), Orora (ASX:ORA) and Sandfire Resources (ASX:SFR). The most traded stocks by Bell Direct clients on Friday were Fortescue Metals (ASX:FMG) and BHP (ASX:BHP). In economic news, ANZ job advertisements for August will be released today, the RBA will meet on Tuesday for the first time this month, and business confidence data will be released on Wednesday. Trading Ideas: Visioneering (ASX:VTI) was rated for the first time by Bell Potter as a Speculative BUY, with a price target of $1.31, implying 33% share price growth in a year. Pilbara Minerals (ASX:PLS), Hastings Technology Metals (ASX:HAS) and Volpara Health Technologies (ASX:VHT) are all giving off bullish charting signals, according to Trading Central.
Pat Grier is the ex CEO of Ramsay Health Care. Pat talks about how he established a vision for Ramsay Healthcare to be recognised as the best hospital operators in Australia, and how he developed the term leading from behind. Pat reflects on his proudest achievements in his career and the lessons that he learnt from the many obstacles that he encountered. Hosted on Acast. See acast.com/privacy for more information.
Dion discusses the weekly market gains after positive news regarding a COVID-19 vaccine was announced by Pfizer. He also discusses the latest updates from Ramsay Health Care and REA Group. Have a question for the show? Let us know at marketpulsepodcast@gmail.com
Aussie equities are set to start the trading week in the right direction, with the futures eyeing a 0.6% lift at the open.A trading idea for today, Bell Potter reiterated Cyclopharm (ASX:CYC) as a buy with a $1.77 price target, implying a 31% share price growth in a year from Friday's close of $1.35. Investors will be watching Auckland International Airport (ASX:AIA) & Ramsay Health Care (ASX:RHC).In today's morning bell, Jessica covers:Aussie futures (0:05)Overseas markets (0:26)What to watch today:Auckland Health Care (ASX:AIA) (1:00)Ramsay Health Care (ASX:RHC) (1:36)A 'recovery steadily' later this year for the US economy (2:11)Bell Potter trading idea: Cyclopharm (ASX:CYC) (2:31)
Andrew Griffithsa is Australia's #1 small business author with 12 books now sold in over 60 countries. Described by most as a street-smart entrepreneur, Andrew bought his first business at the age of 17. Since then, and for the best part of 30 years, he has owned and operated many small businesses in fields as diversified as retail, consulting, advertising, publishing and travel. Today Andrew's passion is to inspire and energise entrepreneurs by sharing his own experiences, observations and realisations. He is a global commentator covering innovative business, customer connection and entrepreneurialism. When it comes to media, Andrew is featured regularly in various media both within Australia and internationally. He is small business writer and advisor for CBS Interactive and he appears on various radio shows, in print with newspaper and magazine articles and on television shows including Sunrise and Good Morning New Zealand. He is the only Australian columnist with Inc.com. He worked with over 200 organisations globally and has worked with many of the leading companies including Telstra, HP, Hertz, Bendigo Bank, Schwarzkopf, Jetset Travelworld Group, GHD, L'Oreal, Ray White, CPA, ING, Re/Max, Optus, St George Bank, ARUP, Bank of Melbourne, Officeworks, Stockland and Ramsay Health Care.