MARKET AT MIDDAY The ASX 200 is down 30 points to 7310 (-0.4%) starting the week on a weaker note, with the opening 0.4% lower, influenced by losses in the industrial and financial sectors. Lithium stocks getting hit Pilbara Minerals (PLS) -4.3%, Mineral Resources (MIN) -1.7%, Allkem (AKE) -2%, and Liontown Resources (LTR) -0.4%. Beach Energy (BPT) fell 3.6% due to a 24% decrease in full-year profit, while Aurizon (AZJ) dropped 2% as…
ASX 200 fell 63 points to 7277 (-0.9%) as more Chinese woes hit confidence and iron ore losses mount in Asian trade. The big miners slid, BHP down 2.1% and FMG off 1.8%, with lithium stocks under pressure, PLS down 6.0%, and AKE dropping 3.9%. Base metal stocks eased too with gold miners holding in…
ASX 200 fell 63 points to 7277 (-0.9%) as more Chinese woes hit confidence and iron ore losses mount in Asian trade.
US markets were mostly lower this week as the market digests fresh inflation data and assesses the future rate path of the Fed.
I added RMD to the ideas. Still nothing in the Strategy Portfolio. Is that Mr Floppy? Maybe but the headline big picture is sideways.
All of last week’s Members Podcasts in one place
These tables show you last week’s ETF performance.
This week’s main event is RBA Meeting Minutes Tuesday, and FOMC Meeting Minutes Thursday. Domestic Reporting season kicking up another gear
These are our Weekly charts covering the Markets and Sectors – they give you a feel for the “Tide” and the undercurrents.
ASX 200 slid 17 points to 7340 (+0.24%) in quiet trade dominated by results again today. For the week, the index is down 0.85%. Broad based weakness today, nothing spectacular though. Banks eased after CBA results and Phil Lowe talked up rates in Canberra. The Big Bank Basket down to $180.46 (0.1%). Insurers mixed, QBE…
