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…
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.…
US markets finished a choppy session higher on Monday. The Dow edged higher, up 26 points (+0.07%).
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)…
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…
ASX 200 rallied 28 points to 7305 (+0.4%) as results dominated today. Big names hitting the boards, CSL, COH, and NAB trading update.
Members Podcast – Monday
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…
