Midday Report Tuesday

Reports Section

The ASX 200 Index is down 32 points to 7266 (-0.4%) experiencing a 0.1% decline at open, falling below 7,290 for the second consecutive session. The drop was influenced by losses in mining and energy stocks due to weakened iron ore and oil prices after softer Chinese economic data. Selling increased following the RBA minutes as it said more rate…

End Of Day Report Tuesday

Reports Section

ASX 200 slid 15 points to 7284 (-0.2%) after an early loss kicked on by RBA minutes reminding all that there could be more rate rises to come. Banks held up with the Big Bank Basket up to $176.79 (1%). NAB led the charge higher, up 2% with ANZ up 1.7%. Insurers too in demand, QBE up 0.4% and some buying in financial services with GQG up 1.3%. ASX continues to struggle…

Henry’s Take – AQZ Flies High

Box 2

SMALL CAP PORTFOLIO UPDATES Suspect it is going to be a quiet day today. Plenty of people will have watched the Men's Final. A changing of the gurad there too. New governor and new Singles Champ. SPI down 2 and metals and mining maybe taking a break. The pause to refresh. POS – Black Swan…

Pre-Market Report Monday

Reports Section

US markets closed out the week mixed on Friday as the US Q2 reporting season kicks off. Dow Jones up 114 points on Friday (+0.33%). NASDAQ -0.18%. S&P 500 -0.1%. All markets were higher for the week on softer-than-expected US CPI data followed by lower-than-expected PPI data, the lowest in three years. For the week,…

Midday Report Monday

Reports Section

MARKET AT MIDDAY The ASX 200 Index declined 5 points to 7298 (-0.1%) as the market exercised caution ahead of the release of the RBA's June policy meeting minutes, which could provide insight into future interest rates. Market sentiment was also influenced by the upcoming release of Chinese economic data, given the country's status as Australia's largest trading partner. Woodside Energy (WDS) -1.1%, Newcrest Mining (NCM)…

End Of Day Report Monday

Box 1

The ASX 200 closed flat, down 5 points to 7299 (-0.1%), after clocking its best weekly gain since November amid hopes the RBA Meeting Minutes tomorrow may hint to more clues for the interest rate trajectory and the RBA is nearing the end of its tightening cycle. Healthcare led the market today, helping offset losses…