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ASX:AX1 18 January 2026

Hunting passive income? These ASX dividend stocks just got fresh buy calls — and a warning about traps

Hunting passive income? These ASX dividend stocks just got fresh buy calls — and a warning about traps

Motley Fool Australia on Jan. 18 recommended L1 Long Short Fund and Washington H. Soul Pattinson as dividend picks amid renewed interest in ASX income stocks. The S&P/ASX 200 closed Friday at its highest since October 2025. Morningstar’s Shaun Ler said the average ASX 200 yield is near 3.3%, raising questions about dividend sustainability. Rask Media warned high yields can signal underlying financial strain.

Stock Market Today

  • BSE and NSE Close March 31 for Shri Mahavir Jayanti, Trading to Resume April 1
    March 31, 2026, 12:04 AM EDT. The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will be closed on March 31 for Shri Mahavir Jayanti. Equities, derivatives, securities lending and borrowing, currency, and interest rate trading will halt for the day, while commodity derivatives will close in the morning but reopen in the evening. Market activity resumes on April 1. Indian indices fell sharply before the holiday; the Sensex declined 2.22% to 71,947.55 and the Nifty dropped 2.14% to 22,331.40 on March 30. March marked the Nifty's biggest monthly loss since 2020, down over 11%. The Reserve Bank of India's tightening of dollar limits on banks pressured banking stocks, with broader markets and all sectors closing lower amid heavy selling.
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