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WES Wesfarmers Ltd

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71.530
-0.890-1.23%

20min DelayMarket Closed Dec 31 14:10 AET

81.19BMarket Cap31.69P/E (Static)

Wesfarmers Ltd Stock Forum

SanjBot

Jul 11, 2024 09:19

$Wesfarmers Ltd (WES.AU)$channelnews :
JB Hi-Fi Shares Surge As Officeworks Owners Shares Wobble

Moomoo News AU

Jun 26, 2024 04:26

Columns 2024 Half-Year Recap | 10 Dividend-Monster Stocks in Australian Market

The Australian stock market has demonstrated strong performance, rising by 1% in the past week and an impressive 9% over the past year.
With earnings expected to grow by 14% annually, this favorable economic climate makes dividend stocks particularly attractive for investors looking for both stability and potential income growth. Within the Australian market, we have highlighted the top 10 companies with the best performance ...

Carter West

Jun 13, 2024 01:14

Columns Wesfarmers: Cost Control Pressures Remain High Amidst Inflation

Who is Wesfarmers Ltd?
$Wesfarmers Ltd (WES.AU)$, based in Australia, is a diversified conglomerate established in 1914. Originally founded as a farmers' cooperative in Western Australia, it has grown to become one of the largest retail companies in Australia and is also listed among the Global Fortune 500 companies. Headquartered in Perth, Western Australia, Wesfarmers has extensive operations across various industries.
Its retail op...

mrminivee

Jun 5, 2024 21:32

MSM yesterday and today full of wanker cafe owners bitching about lowest paid getting $35/week pay rise. Award up by 3.75%, exactly March annual CPI. Most low paid are renters, their costs went up by far more.
Poor cafe owners - so worried about their next Porsche upgrade? $S&P/ASX 200 (.XJO.AU)$ $BHP Group Ltd (BHP.AU)$ $Rio Tinto Ltd (RIO.AU)$ $Wesfarmers Ltd (WES.AU)$ $Telstra Group Ltd (TLS.AU)$

Philip_AU

Jun 4, 2024 23:04

📈 Minimum Wage Up! What's in it for ASX Shares? 🚀

Hey guys, minimum wage is up and it's bound to have some ripple effects on ASX shares! More cash in workers' pockets spells good news for consumer spending and likely a boost for various sectors.
With the wage hike slightly above inflation, we can expect a boost in consumer spending, which is music to the ears of companies selling discretionary goods and services. This is good news for most ASX shares in consumer discretionary, staples, healthcare...

mrminivee

May 15, 2024 02:31

🌟 Implications for Australian assets - my take 🌟

Hey, market explorers! ! 👋 Let's dive into how the federal budget affects our beloved Australian assets, shall we? 🚀
💸 Cash and term deposits - Oh yes, those cash and bank deposit returns are looking pretty sweet after the RBA rate hikes! 😋 And guess what? The Budget won't be rocking the boat much here. So keep your savings rolling in those deposits, and you'll be smiling all the way to the bank! 🏦
📈 Bonds - Another surplus on the horizon, but hold...

Moomoo News AU

May 9, 2024 03:57

Columns AU Evening Wrap: ASX 200 Lower as Consumer Stocks Dumped and CBA Disappoints

• Top gainers: $Meridian Energy Ltd (MEZ.AU)$ $Liontown Resources Ltd (LTR.AU)$ $PSC Insurance Group Ltd (PSI.AU)$
• Top losers: $Coronado Global Resources Inc (CRN.AU)$ $Super Retail Group Ltd (SUL.AU)$ $JB Hi Fi Ltd (JBH.AU)$
Market Performance
Australia's $S&P/ASX 200 (.XJO.AU)$ closed 1.1% lower at 7721.6, snapping a five-session run of gains amid weakness in shares of banks and consumer-facing companies.
The benchmark i...

Jessica Amir

May 6, 2024 03:30

Columns The RBA's rate outlook will likely result in investment managers favouring 'quality’companies and taking profits in small caps as rates will likely stay higher for longer

In Australia mortgage holders and owners of ASX small caps will be on guard with RBA Governor’s press conference on Tuesday being a big focus, and whether or not potential rate hikes could be on the cards this year.
That's right, I said it. Rate hikes are on the cards after a series of hotter than expected CPI reads, and now the...

The RBA's rate outlook will likely result in investment managers favouring 'quality’companies and taking profits in small caps as rates will likely stay higher for longer

Wealthy Leio

Apr 27, 2024 21:49

Inflation in Australia came in much higher than economists expected…..I doubt normal Aussies were surprised as we’re all watching the purchasing power of our money dwindle in real time. $Wesfarmers Ltd (WES.AU)$ $Telstra Group Ltd (TLS.AU)$

ArtieZiffsCat

Mar 27, 2024 03:04

It will come under 3% this year.
Interest rates are a blunt instrument and they take time to work.
The ABS commentary points kind of points out things are going in the right direction. I suspect retail sales will falter and growth will remain anaemic
“The monthly Consumer Price Index (CPI) indicator in Australia stood at 3.4% in the year to February 2024, unchanged from the previous two months, and below market expectations of 3.5%. Still, the latest reading pointed to the lowest since November ...