End Of Day Report Wednesday

Blood on the streets on the ASX 200 today,  market down 110 points to 7195 (-1.5%), posting its biggest drop in six weeks. REITs put up some resistance following solid earnings reports VCX +2.4%, MGR +5.3% and SCG +1.5%. Energy stocks fell, as crude oil fell for a third day after a drop in US…

Pre-Market Report Tuesday

US markets finished a choppy session higher on Monday. The Dow edged higher, up 26 points (+0.07%). Dow at best up 54 points. Dow at worst down 111 points. Big tech drove the S&P 500 and NASDAQ higher, +0.58% and +1.05%, respectively, boosted by a 7.1% jump in Nvidia after Morgan Stanley named Nvidia the…

Marcus Back at the Desk

Good morning everybody, I am back from the UK. A bit jetlagged! Let's get this done early before "the fade". MARKET TODAY (new section) Futures unchanged. Results season the main focus again today. NAB Trading update today. Main results today are expected from TWE, CSL, COH, CGF, SGM, TPW. COH results this morning – sales…

Henry’s Take – Results, Results, Results!

Last updated 2.13am -DLI update. 2.45pm Update DLI – One we have talked about and continued to like despite the ‘Diggers Curse’ recently. There are now stories that the buyer of 60m shares in a block trade last night was Mineral Resources (MIN). Highly possible as Chris Ellison has been a fan of this one.…

Midday Report Tuesday

MARKET AT MIDDAY The ASX 200 is up 50 points to 7327 (+0.7%) boosted by strong performances from healthcare giants CSL and Cochlear. The healthcare sector surged over 3.6%, largely attributed to Cochlear (COH), gaining 6% as it revealed a 4% increase in statutory profits, totaling $301m. CSL also contributed, advancing 4.3% after declaring a 10% surge in full-year underlying profits to $4bn. National Australia Bank (NAB)…

End Of Day Report Tuesday

ASX 200 rallied 28 points to 7305 (+0.4%) as results dominated today. Big names hitting the boards, CSL, COH, and NAB trading update. The banks were solid but unspectacular with the Big Bank Basket rising to $179.26 (+0.1%) after NAB quarterly update. NAB up 1.3% on a new buyback. Insurers bounced back on higher yields…