Last week I wrote about the ‘cheapest’ stocks on the ASX.So today, I thought I’d cover the most expensive ASX stocks. Given that the ASX 200’s historical P/E ratio is about 15, a stock with a P/E multiple north of 20 is considered pricey.
World Markets: Global Insights into Financial Trends and Investment Opportunities
When concerned with the global economy, it’s important to look beyond the powerhouses that are often in the spotlight, and to look at the various emerging markets operating just off stage.
Today’s biggest emerging markets (BEMs), include Argentina, Brazil, China, India, Indonesia, Mexico, Poland, South Africa, South Korea and Turkey. Not as big, but still making impact, are Egypt, Iran, Nigeria, Pakistan, Russia, Saudi Arabia, Taiwan, and Thailand.
Liontown Resources (ASX:LTR) Flat on Kathleen Valley Hybrid Power Station Update
Lithium developer Liontown Resources [ASX:LTR] has tasked Zenith Energy to supply power at LTR’s Kathleen Valley Lithium Project.
A2 Milk [ASX:A2M] Rises on China Market Registration Update
Australian milk and infant formula producer A2 Milk Company [ASX:A2M] updated the market on the renewal and registration for its China-label infant milk formula. Last month, A2M announced that its China-label product registration was due to expire in late September 2022. Synlait Milk [ASX:SM1], which produces the milk for A2 Milk’s China-label product, received notification […]
[WATCH] Closing Bell — Don’t Miss the Uranium Bull Market
The correlation between bonds and equities remains high, with the recent spike in bond yields causing weakness across the board in stocks.
Black Rock Rises 24% On Graphite Agreement
Australian graphite mining company Black Rock Mining [ASX:BKT] rose more than 20% on Friday after announcing an agreement with US cleantech firm Urbix.
PointsBet [ASX:PBH] Rises 5% as First Bet Taken in Maryland
PointsBet [ASX:PBH] rose on Friday after the bookmaker announced it has taken its first bet in the US state of Maryland.





