Daily FNArena News - Australia

Independent Investment Research reviews the financial and dividend performance of listed investment companies in FY22.

Independent Investment Research updates developments among Australia’s listed investment companies and provides comparative data

All sectors of the Australian stock market lost ground in September as global recession fears and higher bond yields weighed, resulting in a -6.2% loss for the ASX200

Australian housing prices are forecast to continue declining as rising interest rates have yet to impact in full, with consequences for the broader economy in 2023

Brokers remain upbeat on Premier Investments following FY22 results though remain wary of the uncertain macroeconomic backdrop

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments

Brokers remain generally upbeat on CSL and focus upon the earnings contribution from the Vifor Pharma acquisition 

Following an increase in thermal coal price forecasts, Macquarie lifts its valuation for New Hope Corp, along with other exposed stocks under coverage

Following Viva Energy’s purchase of convenience stores from Coles Group, brokers highlight mutual benefits for both companies 

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments