Articles On OFX Group (ASX:OFX)

The ASX200 has added .83 per cent today… fuelled largely by the energy sector which rallied more than 2.5 per cent and materials, IT, real estate and industrials also added at least a per cent. Utilities fell the hardest today, giving up...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is back on form and charging higher. At the time of writing, the benchmark index is up 0.7% to 6,997.4 points. Four ASX shares that have failed to follow the market's lead today ar...

Harvey Norman booted out of S&P ASX 100 as lithium play Liontown Resources admitted 2023 market darling of ASX biotech sector Neuren Pharmaceuticals a new addition to S&P ASX 200 The scent of blooming flowers, a gentle warming sun...

It should delight shareholders everywhere that 2023 has seen many ASX companies continue to buy up their own shares. Most investors are familiar with the primary way that an ASX share can return capital to its investors: by paying out divi...

The uncertainty over the economy and asset prices means it could be worth listening to the professionals to see which ASX shares they are investing in. Let’s take a look at three stocks that the fund managers at LSN Emerging Companies Fund...

The ASX closed out the day flat, thanks to a last-minute selling spree Qantas announces record profit but still won’t give us back the money we gave them during Covid Westar Resources won the Small Caps race, in spite of a 90-minute hobbli...

Stockhead’s In-Case-You-Missed-It highlights some strongest performing ASX stocks that might have slipped your notice today.  It’s a short, sharp update to help frame the trading day by showing some of the biggest movers in percentage terms...

ASX 300 share OFX Group Ltd (ASX: OFX) is skyrocketing after the foreign exchange services provider released its full-year FY23 results.  OFX shares are up 19.94% at the time of writing to $1.847 apiece. Formerly known as OzForex Group, O...

The S&P/ASX 200 Index (ASX: XJO) is back on form on Tuesday. In afternoon trade, the benchmark index is up 0.3% to 7,286.3 points. Four ASX shares that are rising more than most today are listed below. Here’s why they are charging h...

This content is created by Smallcaps Authors. [Author : Colin Hay] Australian online foreign exchange and payments specialist OFX Group (ASX: OFX) has added to its growing investment portfolio and forecast continued strong upside for its...

Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Foreign exchange payments corporation OFX was plunging 12% in share price in the afternoon following an investor briefing and trading update for the fourth quarter FY23. The post OFX [ASX:OFX] Plummets 12% on Investor Briefing and Trading U...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) has followed Wall Street’s lead and dropped deep into the red. At the time of writing, the benchmark index is down 0.75% to 6,963.3 points. Four ASX shares that are falling more th...

After a brutal 2022, it’s no surprise investors are still anxiously obsessed with inflation, interest rates and geopolitics. But the team at QVG Capital is urging investors to forget all that, because there is only one thing that matters t...

The Aussie dollar is making a comeback recently as the case for a super Fed hike subsides Why is this important for businesses and investors? Stockhead reaches out to OFX’s Matt Richardson   Australia’s inflation rate of 7.8% is at the hi...

The S&P/ASX 200 Index (ASX: XJO) is on form again on Tuesday. In afternoon trade, the benchmark index is up 0.2% to 7,474.5 points. Four ASX shares that have failed to follow the market higher today are listed below. Here’s why they...

The ASX is set to rise today after a broad rally on Wall Street Ford and Spotify announce more layoffs The crypto market has bounced back   The ASX is on track to rise again on Tuesday after a broad rally in New York. At 8am AEDT, the ASX...

The S&P/ASX 200 Index (ASX: XJO) is a sea of calm relative to some of the extreme volatility witnessed in the S&P/ASX Small Ordinaries Index (ASX: XSO), particularly among the smallest companies in that index. Writing in its Octobe...

The All Ordinaries Index (ASX: XAO) is in the green once more today, and these All Ords shares are making the most of it. They’ve each lifted as much as 6% to hit their highest point in more than a year on Tuesday. For comparison, the All...

The share market has its sights on a third straight advance after the prospect of inflation-friendly government gridlock in the US helped Wall Street start the week in buoyant form. The S&P/ASX 200 is poised to open 24 points or 0.35...

Australian shares were poised to open higher after China reopening hopes triggered huge gains on commodity markets and helped Wall Street shrug off mixed jobs data. ASX futures rallied 91 points or 1.32 per cent on Saturday morning, sugg...

Since release of the ASX September rebalance many companies elevated to the S&P/ASX 200 have seen their five-day share prices lifted Resources stocks dominate additions to both the S&P/ASX 200 and S&P/ASX 300, including those l...

An additional news report on the recommendation, valuation, forecast and opinion changes for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Au...

The S&P/ASX 200 Index (ASX: XJO) us having a very strong day on Thursday. In late trade, the benchmark index is up 1% to 7,061.2 points. Four ASX shares that have failed to follow the market higher today are listed below. Here’s why...

Highlights Return on Equity (ROE) is one of the measures of financial performance that helps gauge the company's profitability and efficiency in profit generation. While looking for stocks, it is always advisable to target an ROE equal...

Highlights Return on Equity (ROE) is one of the measures of financial performance that helps gauge the company's profitability and efficiency in profit generation. While looking for stocks, it is always advisable to target an ROE equal...

Highlights Return on Equity (ROE) is one of the measures of financial performance that helps gauge the company's profitability and efficiency in profit generation. While looking for stocks, it is always advisable to target an ROE equal...

The good folk at the RBA meet today @ 2:30pm (Sydenham time) to make a call on the cash rate. Of some 23 sterling market economists surveyed by our annoying direct competitor Bloomberg, 11 forecast a 40 basis point (bps) increase to 0.75%....

If you’re uncertain about what will happen with inflation and the economy, maybe it’s time to get “meta”. That is, take a look at ASX companies that handle money as their business. After all, even if the economy comes under pressure from r...

Elio D’Amato, Spotee Connect BUY RECOMMENDATIONS OFX Group (OFX) This global provider of international payments and foreign exchange services is forecasting net operating income (NOI) of between $200 million and $212 million in fiscal year...

The domestic market is slowly chipping away at recent losses, with the S&P/ASX 200 (ASX: XJO) gaining another 0.3% on Tuesday behind a rally in the energy and utilities sectors. The energy sector was buoyed another 2% by a rally in the...

ShareCafeEvening Report: 17 May, 2022 by Melissa Darmawan   Australian stocks posted its third straight day of gains pushed higher by the index’s largest banks, miners, and energy stocks, notching its longest winning streak since mid-March....

Miners and energy producers steered the share market to a third straight advance after Chinese progress against Covid outbreaks boosted commodity prices. The S&P/ASX 200 rallied 19.5 points or 0.27 per cent. The Australian benchmark...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a small gain. At the time of writing, the benchmark index is up 0.15% to 7,104.6 points. Four ASX shares that are climbing more than most today are listed belo...

Aussie shares pushed for a third straight advance for the first time in a month as gains in commodity stocks offset weakness in tech and healthcare. The S&P/ASX 200 rallied 14 points or 0.2 per cent by mid-session. Rebounds in iro...

The OFX Group Ltd (ASX: OFX) share price is charging higher on Tuesday, up 8.06% at $2.68. However, in earlier trade, it reached as high as $2.75 — an 11% gain on its previous close. Investors appear to be rallying behind the company afte...

Like quality hard rock, the Aussie cash rate has been in a 30-year nosedive. From the grandiose heights of 17.5% (let’s call it Nirvana’s Nevermind) to where we are now, the first rise for official interest rates is the first step away from...

An additional news report on the recommendation, valuation, forecast and opinion changes for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Au...

It hasn’t been an easy time to own small-cap ASX shares. The S&P/ASX Small Ordinaries (ASX: XSO) index is down almost 9% this year, and the loss would be more if it weren’t for the resources sector holding it up. But one could argue th...

Wall Street rallies as oil retreats further US stocks surged overnight, as oil retreated to below US$100 a barrel. All three major US indexes rose – the S&P 500 by 2.14%, the Dow by 1.82%, and tech heavy Nasdaq by 2.92%. Prices for Bren...

Ask A Fund Manager The Motley Fool chats with fund managers so that you can get an insight into how the professionals think. In this edition, Monash Investors portfolio manager Sebastian Correia reveals the ASX share he’d hold for years, a...

Ask A Fund Manager The Motley Fool chats with fund managers so that you can get an insight into how the professionals think. In this edition, Monash Investors portfolio manager Sebastian Correia reveals how the largest holdings in his fund...

“Your Stock Request” is a weekly video where we analyse share price charts for stocks on the Australian market (ASX) as requested by you! Email us at [email protected] with your stock request. Limit of one per person, no guarantee o...

Money Talks is Stockhead’s regular drill down into what stocks investors are looking at right now. We’ll tap our extensive list of experts to hear what’s hot, their top picks, and what they’re looking out for. Today we hear from TAMIM Asset...

The ASX started the week lower as a result of a drop in the energy and financial sectors. Energy shares fell by over 3%, as surging cases of the Omicron variant raised fears that new restrictions may hit fuel demand. Financials meanwhile we...

The OFX Group Ltd (ASX: OFX) share price is taking off today after the company announced that it’s agreed to acquire a Canadian foreign exchange service provider. The company is set to purchase Firma Foreign Exchange Corporation, which off...

Highlights The Australian shares opened lower on Monday after US stocks settled on a weak note last Friday. The ASX 200 opened down just 4.60 points to 7,299.40 this morning. At the closing on Friday, on Wall Street, the Dow Jones fel...

Companies utilising September 30 as their end of financial year are gradually releasing results to the market led by major bank NAB (ASX:NAB).   Good performers NAB reported a $6.36 billion net profit and declared a 67 cent per share final...

Wall Street keeps climbing to fresh new records US stocks have risen for their seventh consecutive day, each time hitting new record highs. On Monday, all three US benchmark indexes rose again – the Dow Jones by 0.29%, the S&P 500 by 0....

Trading Places is Stockhead’s recap of the buys and sells of ASX small cap shares by fund managers and other famous investors over the last fortnight. Specifically, Stockhead tracks substantial shareholder movements, being shareholders hold...