Domino’s Share Price Sinks on Trading Update (ASX:DMP)
The Domino’s Pizza Enterprises [ASX:DMP] share price is plummeting after the release of a trading update for the 2022 financial year.
With the ASX looking increasingly volatile in a low interest rate environment, it is essential to stay up to date with the latest stock market news. But with more than 2,300 stocks on the ASX, it can be hard to sift through all the charts, data and announcements.
This is where The Rum Rebellion comes in.
In this section you can find all our ASX market updates. We look at the stocks that are making big moves and the sectors that are most critical to understanding the stock market. We look at gold stocks, iron ore miners, the energy sector to name a few – any sector that we think will give you edge.
We offer a different perspective here at The Rum Rebellion. You won’t get hype – just sound analysis that goes beyond the headlines. Investing is no either task either, so we try and get to the point quickly. We may be blunt at times, but by being direct we hope to cut through the flack so you can make informed decisions. By following our coverage here you could even latch onto a few portfolio gems, or avoid making a critical error.
Check out the latest ASX News, Announcements and Market Updates below:
The Domino’s Pizza Enterprises [ASX:DMP] share price is plummeting after the release of a trading update for the 2022 financial year.
Telstra Corp Ltd [ASX:TLS] share price is currently trading at $3.82 per share, up 2.41%. Telstra Corp Ltd [ASX:TLS] is partnering with the Australian government to buy Digicel Pacific in a US$1.6 billion deal.
Woodside Petroleum Ltd [ASX:WPL] released its September quarter results. Woodside Petroleum Ltd [ASX:WPL] share price is currently exchanging hands for $24.19 a share, a dip of 1.35%.
SGP’s quarterly report has certainly indicated positive results, although Stockland [ASX:SGP] share price rose mildly. Stockland is trading hands for $4.63 at time of writing.
Rio Tinto Ltd [ASX:RIO] share price were slightly down 1%. The Rio Tinto Ltd [ASX:RIO] updated the investors on a ‘difficult’ third quarter, downgrading its full-year production guidance.
However, Whitehaven also reported a 4% drop in saleable coal production, hit primarily by falling sales in its Narrabri Mine in New South Wales, attributed to shipping delays amid adverse weather. Whitehaven Coal [ASX:WHC] shares…
Bank of Queensland [ASX:BOQ] saw profit rise 221% in FY21 to $369 million, as revenue rose 14% to $1.25 billion. Despite these results, BOQ shares slumped on the news. BOQ shares are trading at $9.26…
The deal sparked buying activity in both stocks, with Ampol [ASX:ALD] share price currently trading at $30.22 per share, up 3.60%. ZEL shares, in turn, are currently up 6%, exchanging hands for $3.42 a share.
Nick Scali Ltd [ASX:NCK] entered into a binding agreement to acquire Plush-Think Sofas. Nick Scali Ltd [ASX:NCK] share price is currently up 10.29%…
The move will take South32’s stake in the smelter to 72.1%. The South32 [ASX:S32] share price is up 2% at time of writing, currently trading at $3.46 per share.