Our portfolio has seen considerable returns from Worley Limited (WOR), with a notable performance of approximately 10%, alongside the recent dividend payment. This success prompts a strategic evaluation of our current positions to optimize for future growth and returns. In line with this strategy, we propose reallocating our investment from WOR to Maas Group Holdings Limited (MGH).
DroneShield (DRO) provides Artificial Intelligence based platforms for protection against advanced threats such as drones and autonomous systems. They offer customers bespoke counterdrone & electronic warfare solutions and off-the-shelf products designed to suit a variety of terrestrial, maritime or airborne platforms. Customers include military, intelligence community, Government, law enforcement, critical infrastructure, and airports.
Equities edged higher overnight as risk appetite has been boosted by the prospect of lower interest rates and a resilient U.S. economy, or the “goldilocks scenario” after Fed officials maintained their forecasts for three rate cuts this year.
Equities bull run continued as investors sifted through last nights Fed meeting to find the positives, ignoring the higher growth and inflation expectation that are likely to push back the timing of rate cuts
Closing Bell 20th March: Energy stocks up as gold takes a breather into FOMC meeting tonight
Equities finished higher with megacap growth stocks such as Alphabet and Tesla supporting a rebound in technology-heavy Nasdaq while investors also waited anxiously for the U.S. Federal Reserve’s meeting this week.
BLD higher on takeover rejection. RBA has dovish tone. ASX rallies.
Equities finished higher led by tech as investors looked ahead to the Federal Reserve meeting and interest-rate outlook this week.
REITs lower as bond yields rise. ASX flat. China growth surprises, Iron Ore bounces
Anticipating next week’s economic figures. Stay informed on the latest financial updates and trends.
Equities sold off again on Friday as tech was pressured by rising Treasury yields on jitters the Federal Reserve is likely to stress the need for interest rates to remain higher for longer following data showing inflation continues to run hot.
This week’s episode of “Bulls vs Bears” Investors get selective hearing on rates, ignoring hot inflation numbers as tech continued to be buoyant
Copper races to 11 month highs, Bitcoin scales new peak and the heat comes out of Uranium
