市场见解

ASX 200 up 0.2%: Westpac asset sale, Ramsay increases Spire offer

Here’s what’s happening today…
The post ASX 200 up 0.2%: Westpac asset sale, Ramsay increases Spire offer appeared first on The Motley Fool Australia. –

At lunch on Tuesday, the S&P/ASX 200 Index (ASX: XJO) is on track to record another small gain. The benchmark index is currently up 0.2% to 7,329.5 points.

Here’s what’s happening on the market today:

Westpac asset sale

The 西太银行 (ASX: WBC) share price is pushing higher today after announcing an agreement to sell its Westpac Life NZ business. The banking giant is selling the business to Fidelity Life Assurance Company for NZ$400 million (approximately A$373 million). The two parties have also entered into an exclusive 15-year agreement for the distribution of life insurance products to Westpac’s New Zealand customers. This is expected to result in a post-tax gain on sale and add approximately 7 basis points to the bank’s group common equity tier 1 capital ratio.

Ramsay increases offer for Spire

The Ramsay Health Care Limited (ASX: RHC) share price is trading largely flat today after increasing its takeover offer for UK-based private hospital operator, Spire Healthcare. According to the release, Ramsay has increased its cash offer to acquire Spire to 250 pence per share in cash. This compares to its previous offer of 240 pence per share. This values Spire’s entire issued and to be issued share capital at approximately GBP1,041 million (A$1,900 million) on a fully diluted basis. Management advised that this is its final offer.

Ramelius falls short of guidance

The Ramelius Resources Limited (ASX: RMS) share price is under pressure today after falling short of its full year production guidance. For the 12 months ended 30 June, Ramelius achieved gold production of 272,109 ounces. While this was a record for the gold miner, it fell short of its upgraded guidance of 275,000 ounces to 280,000 ounces. Management blamed the miss on several issues such as rainfall and personnel shortages at the Edna May operation.

Best and worst ASX 200 performers

The best performer on the Genesis Energy Ltd (ASX: GNE) share price with a 6% gain on low volumes. The worst performer has been the Appen Ltd (ASX: APX) share price with a 5% decline. This appears to have been driven by a fund manager selling down its holding.

The post ASX 200 up 0.2%: Westpac asset sale, Ramsay increases Spire offer appeared first on The Motley Fool Australia.

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

*Returns as of May 24th 2021

More reading

Why the Appen (ASX:APX) share price is sinking 5% today
Ramsay (ASX:RHC) share price lower on UK acquisition update
The Ramelius (ASX:RMS) share price is on watch today. Here’s why
Why ASX energy shares are set to rise again today

2 fallen stars of ASX now worth buying: experts

Motley Fool contributor James Mickleboro owns shares of Westpac Banking Corporation. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Appen Ltd. The Motley Fool Australia owns shares of and has recommended Appen Ltd. The Motley Fool Australia has recommended Ramsay Health Care Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

随时随地,交易世界!

移动APP平台,拥有 12 个市场的 50,000 多种全球上市证券(全球市值超过 70%),直接在您的 Android 或 iOS 设备上即可操作。

与独有的交易理念和投资分析工具相结合,帮助您在我们 12 个全球市场中的几乎所有金融工具上找到可操作的见解,从而帮助您优化交易策略。

推荐给您的朋友

向您的朋友推荐Monex并赠予他们免费使用我们交易工具的机会

我们尊重您的隐私,只会向您的朋友发送一封邮件 

与您的朋友分享

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;


To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.


An active and funded account with a positive trading balance is required to continue to have access to the tools;


Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;


Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!