Daily FNArena News - Australia

Independent Investment Research’s October month update on developments in Australia’s listed investment trust sector, including comparative data

With consumer expenditure confined to local leisure and domestic pursuits, Super Retail was expected to do well in the first quarter. To what extent will this continue?

Lending growth, net interest margins and deferred loans were all better than expected for Bendigo and Adelaide Bank in the September quarter, boding well for the upcoming bank reporting period.

A soft September quarter was expected for Evolution Mining but two key assets are in transition and represent key upcoming catalysts for the gold producer.

If 2020 is to be remembered for anything other than the obvious, it’s the Big Bang of the BNPL sector. But is the market over-exuberant?

Several events in the near future are shaping up as critical for Beach Energy, and may even be transformational.

Concerns surrounding disruptions to BlueScope Steel’s business are ebbing, encouraged by first half earnings guidance that is well ahead of prior forecasts.

While short and medium-term concerns prevail, should investors be focusing on policy, profits and positioning?

Orora has strengthened its packaging business in North America in the first quarter, with earnings growth that surprised to the upside, while Australasia remains flat.

A softer performance is likely over the December quarter for BHP Group but brokers remain confident the company can meet FY21 guidance, underpinned by key commodities.