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Market Reports

S&P 500 notches best week since Feb, Why South32 is a buy: ASX to edge higher

28 Jun 2021 - In this report, I cover Wall St's performance following the US banks' clearance on the Fed's stress test. The best and and worst performers over the week on the local…

Friday rally fails to extend five-week streak: Aus shares close 0.5% higher

dd Mmm 2021 - The Australian sharemarket maintained its foothold in positive territory throughout the day, despite the broad-based advance’s slight deceleration before midday. The …

Bankers and miners resist downward pressure: Aus shares trading 0.3% higher at noon

25 Jun 2021 - The ASX200 emerged in opening trade and clawed back yesterday’s losses, on the back of strong leads from Wall Street. Banking and Mining stocks did the heavy lifting …

Infrastructure deal & upbeat data fuel Wall St sentiment: Aus shares to open higher

25 Jun 2021 - The Australian sharemarket is set to open higher, on the back of strong Wall Street sentiment boosted by positive economic data and a US government deal. President Jo…

CSL & energy stocks fall while Afterpay soars, Why Stockland is a buy: ASX closes 0.32% lower

24 Jun 2021 - The ASX fell for its second straight session as banks and energy stocks pressured the market while technology stocks rose. The local bourse saw a widespread decline w…

Tech leads, Afterpay jumps 6.9%, Why ProMedicus is a sell: ASX tracking 0.25% lower

24 Jun 2021 - The ASX has been in negative territory this morning extending its decline for the second day with Technology, Consumer Staples and Materials in the black amid the wid…

Wall St closes mixed as calm returns, Why Adairs is a hold: ASX to dip

24 Jun 2021 - In this report, I cover Wall St's mixed performance as investors took a breather amid surprising economic news. A wrap up of yesterday's local bourse which chased tec…

ASX misses Asia-Pacific rally party: Aus shares close 0.6% lower

23 Jun 2021 - The ASX200 continued its downbeat form in afternoon trade, diving under the 7300 mark in the last hour of the Wednesday session. The Australian sharemarket missed out…

Sydney coronavirus spike induces tighter restrictions: Aus shares trading 0.5% lower at noon

23 Jun 2021 - The Australian sharemarket retreated at the open, defying positive expectations set by Wall Street’s strong performance overnight. Most of the sectors were in the sel…

Powell says 1970s-style inflation is unlikely, Why Sonic Healthcare is a hold: ASX to dip

23 Jun 2021 - In this report I cover Wall St's performance following Federal Reserve Chairman Jerome Powell's testimony to the House Select Subcommittee, a wrap up of yesterday’s l…

Healthcare bucks positive sentiment: Aus shares close 1.5% higher

22 Jun 2021 - The ASX200 continued its run in positive territory in the afternoon session to repair damage sustained on Monday. The upward movement reflected positive US investor s…

ASX rebounds from Monday blues: Aus shares trading 1.4% higher

22 Jun 2021 - The ASX200 staged a major comeback from Monday’s blues and recouped most losses from the previous session, in accordance with an optimistic handover from Wall Street …

Wall St snaps back on energy & banks, Why Rio is a sell: ASX to rise

22 Jun 2021 - In this report I cover Wall St's performance and a recap of the Fed's movements in the past week to give you a sense of its snap back. Yesterday the local bourse slum…

Healthcare stems red tide: Aus shares close 1.8% lower

21 Jun 2021 - The Australian sharemarket’s decline eased up in afternoon trade, partially bouncing back from a slump of 2.1 per cent. The afternoon session’s partial recovery could…

Inflation panic erases 3 weeks worth of gains: Aus shares trading 1.9% lower

21 Jun 2021 - The Australian sharemarket plunged at the open and descended below the 7300 mark during morning session, following pessimistic leads from Wall Street overnight. Wall …

Taper-talk tumbles Wall St, Why Zip Co is bullish: ASX to fall

21 Jun 2021 - In this report, I cover Wall St's performance on Friday while touching on their weekly performance following US Fed Reserve James Bullard's inflation comment during h…

ASX extends advance run to 5 weeks: Aus shares close 0.1% higher

18 Jun 2021 - The ASX200 maintained strong form throughout the day, piercing past the 7400 mark in the morning session before wrapping up the trading week on a positive note. This …

Tech & health stocks eclipse mining decline: Aus shares trading 0.6% higher at noon

18 Jun 2021 - The Australian sharemarket started on a weak note but has since then bounced back to ignore negative hints from Wall Street. Infotech and Healthcare neutralised the d…

ASX to defy lackustre Wall St: Aus shares to open higher

18 Jun 2021 - The Australian sharemarket is poised to bounce back from yesterday’s lows, in contrast with Wall Street’s lacklustre signals. The Dow Jones Industrial Average extende…

ASX reacts after Fed signals policy tightening: ASX closed 0.4 per cent lower

17 Jun 2021 - The Australian sharemarket snapped its four-day winning streak as investors were sunk down by the raft of news from central banks in the US and at home. At the closin…

Jobs surge as jobless rate dives 5.1%, Why Ords rates Praemium as a buy: ASX tracking 0.3% lower

17 Jun 2021 - In this report we cover the ASX's performance following Wall St's dip on US Fed's comments. Wealth platform providers are taking the spotlight. Ords raises its price …

US Fed signals 2 rate rises by end of 2023, Why Seek is a buy: ASX to lift

17 Jun 2021 - In this report, I cover Wall St's performance following the US Federal Reserve bringing forward expectations on interest rate hikes, yesterday's local bourse activity…

Late drama ends with green as victor: Aus shares close 0.1% higher

16 Jun 2021 - The ASX200 decelerated its advance and slipped from its record intraday high of 7406 after lunchtime, before seesawing between the buy and sell zones in the last hour…

Energy surge overpowers tech slump: Aus shares trading 0.4% higher at noon

16 Jun 2021 - The Australian sharemarket defied a pessimistic handover from Wall Street to charge ahead at the open, reaching an all-time intraday high of 7401 at 11.26am. Gains by…

US stocks snap 3-day streak, Why Macquarie prefers Coles over Woolies: ASX to dip

16 Jun 2021 - In this report, we cover a wrap up of Wall St’s performance ahead of the Federal Reserve meeting. A wrap up of yesterday's session, why Macquarie prefers Coles (ASX:C…

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