ASX 200

[finicky]

Market Matters.

Market Matters | Leading Australian Stock Market Views And Advice

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"Markets chalked up their worst day since the depths of Covid a little over 5-years ago, though, it wasn’t as bad as it could have been, with US Futures building on Fridays steep losses, trading down another 5% on our open with Asian markets also feeling the heat, Hong Kong shares down 12%, China & Japan off 8%.

The ASX 200 bottomed out just before 11am, hitting an intra-day low of 7169, before bouncing ~200 points. Headlines across Bloomberg mid afternoon sighting discussions of China stimulus helped some of the miners, though, 93% of the main board finished lower on the day, only a splattering of positive corporate news and a few random tickers that made gains…

The main difference in today’s trade was some of the defensive areas were also sold off, used as funding vehicles for other opportunities and/or margin calls, and this played through gold stocks while some ASX listed income securities were used as funding vehicles.

The ASX200 fell -324pts/-4.23% closing at 7343
Energy (-6.95%), Financials (-4.94%) and Materials (-4.84%) hit hardest.
Communications (-0.93%), Consumer Staples (-1.89%) and Utilities (-2.06%) relative outperformers."

 

[finicky]

Today

 

[farmerge]

Today

View attachment 197123

@finicky so much more pleasant looking at the ASX board today than the last couple of days.
Not an investor at present, just watching, waiting and wondering what the mad POTUS' elected and unelected will come up with next to help and destroy the world's economy.

 

[divs4ever]

@finicky so much more pleasant looking at the ASX board today than the last couple of days.
Not an investor at present, just watching, waiting and wondering what the mad POTUS' elected and unelected will come up with next to help and destroy the world's economy.

nah .. the world economy was destroyed years back , now it is just confidence smashed/raised in a narrative

 

[finicky]

Today from Market Matters

Market Matters | Leading Australian Stock Market Views And Advice

Get the latest Australian stock market views from top investors with real money in the markets. ASX investment advice and share recommendations. Find out more.

marketmatters.com.au

"The ASX200 fell -135pts /-1.8% closing at 7375

Utilities (+0.22%), Consumer Discretionary (-0.35%) & Consumer Staples (-0.66%) held up relatively well.

Energy (-4.03%), Materials (-3.57%) and Healthcare (-3.55%) substantially lower.

Woodside Energy (WDS) -3.72% down as WTI crude oil prices tumbled -4.74% overnight, dropping below $57 for the first time since February 2021 as recession fears weighed.

Mining heavyweights struggled as we saw BHP -3.45%, Fortescue (FMG) -4.18% and Rio Tinto (RIO) -5.01% after iron ore spot prices plummeted 4.16% overnight.

President Trump announced a fresh round of ‘major tariffs’ on pharmaceuticals which saw healthcare stocks including CSL Ltd (CSL) -4.96% whacked.

Polynovo (PNV) -8.53% sold off despite posting record monthly sales of $11.9m +92% yoy. With majority of revenue generated in the U.S management said they will advocate for a tariff exemption… they’ll need to get in line."

 

[divs4ever]

Today from Market Matters

Market Matters | Leading Australian Stock Market Views And Advice

Get the latest Australian stock market views from top investors with real money in the markets. ASX investment advice and share recommendations. Find out more.

marketmatters.com.au

"The ASX200 fell -135pts /-1.8% closing at 7375

Utilities (+0.22%), Consumer Discretionary (-0.35%) & Consumer Staples (-0.66%) held up relatively well.

Energy (-4.03%), Materials (-3.57%) and Healthcare (-3.55%) substantially lower.

Woodside Energy (WDS) -3.72% down as WTI crude oil prices tumbled -4.74% overnight, dropping below $57 for the first time since February 2021 as recession fears weighed.

Mining heavyweights struggled as we saw BHP -3.45%, Fortescue (FMG) -4.18% and Rio Tinto (RIO) -5.01% after iron ore spot prices plummeted 4.16% overnight.

President Trump announced a fresh round of ‘major tariffs’ on pharmaceuticals which saw healthcare stocks including CSL Ltd (CSL) -4.96% whacked.

Polynovo (PNV) -8.53% sold off despite posting record monthly sales of $11.9m +92% yoy. With majority of revenue generated in the U.S management said they will advocate for a tariff exemption… they’ll need to get in line."

View attachment 197189

grabbed a reasonable-sized parcel ( for me ) of NIC today to add to the existing holding

i MIGHT add more tomorrow or Friday , depending on cash and price

ILU and MIN are moving towards attractive prices as well ( to add more ) both look like they will test my patience first

 

[finicky]

Today!! It was the screw-ups that outperformed ex Ramelius (RMS)

From Market Matters
marketmatters.com.au

"It was an historic day as the ASX notched its biggest gain in over 5 years dating back to the COVID-19 pandemic. President Donald Trump’s 90 day pause on tariffs ignited equity markets around the globe and the local market was no different as the index soared +468pts on the open, until the realisation set in that tariffs on Chinese goods remain in place and were increased to 125%. The day started with no stocks in the ASX200 lower, and it finished in a similar manner and although it did surrender over 150 points from the early morning surge, the selling never really took control.

The ASX200 rose +334pts/+4.54% closing at 7709.
Technology (+7.57%), Materials (+6.32%) and Energy (+5.16%) clear outperformers.
Consumer Staples (+1.88%), Communications (+2.95%) and Industrials (+3.5%) bottom of the pack, but still strong."

 

[finicky]

Today
Market Matters
marketmatters.com.au

• The ASX200 fell -63pts/-0.82% closing at 7646
• Consumer Discretionary (+0.41%), Communication Services (-0.01%) and Consumer Staples (-0.01%) providing much needed support.
• Healthcare (-2.68%), Utilities (-2.07%) and Energy (-1.8%) weakest on the day.
• The Big Four banks didn’t provide their usual support, Commonwealth Bank (CBA) +0.1% resilient as usual, meanwhile Westpac (WBC) -1.86%, National Australia Bank (NAB) -1.71% and ANZ -1.71% were all lower.
• Gold miners soared today off the back of the historic and continued rise in the precious metal itself. Standouts were Emerald Resources (EMR) 8.42%, Evolution Mining (EVN) +7.84% and De Grey Mining (DEG) +5.93%.

 

[finicky]

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