Market Updates

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 closes up 42 points at 7066, off highs but firm none the less. Resources led the charge with commodity price rises in base metals and gold dragging buyers in. OZL rose 6.4%, BHP up 1.8% and FMG up %. DEG rallied 4.6% with banks also doing well although CBA flat lined. The other three...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. The ASX 200 limped into the close up a mere 9 points at 7024 on its low for the day.  MQG ex dividend hit by NXL issues too with NXL falling 9.5% on media articles. Our two refiners got a lift from government plans to put $2bn into the sector , ALD and VEA up around 6% or more.  CWN has aske...

Champagne corks popping. ASX 200 closes at all-time high of 7173 up 92 as iron ore stocks go crazy. FMG up nearly 8%, BHP up 3.1% and RIO up 4.6%. 38 index points alone in three stocks. Big banks joined in with rises around 1.1% as ANZ slips on ex -dividend. In corporate news, CWN gets a merger proposal from SGR with both stocks posting solid near 8% gains and A2M downgrades once again losing 13%....

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 closes up 19 points at 7081 for a 0.8% gain for the week. Bank and iron ore miners once again dominated. MQG slightly underwhelmed on results with no guidance given and a dividend below what some had hoped for.  BHP led the mining sector higher up another 0.6% and gold miners shone t...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 falls 34 to 7061 (0.48%) Iron ore miners save the day as tech gets hit again. BHP rose 2.1% whilst APT got smashed down nearly 7% but spare a thought for APX which fell 21% after a Macquarie Conference presentation. NEA too falling with a thud on litigation over IP down 23%.  Plenty...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 closes off highs up 28 points to 7096 as miners and banks shine. ANZ disappointed on results falling over 3% but CBA and NAB put in a great performance with CSL another star on a presentation at the Macquarie Conference. APT though in the dog house following a presentation falling 3....

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 up 39 points to 7068 (o.6%) as miners rally hard and RBA keeps rates unchanged. Upgrades economic forecasts but record low rates continue for a while to come. BHP rose 2.5% with gold miners also doing well. Banks flat lined with CBA the winner as the other three sold down slightly. P...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 gives up gains to close up a mere 3 points to 7029 after a strong performance from the banks as WBC rose 5% on better cash earnings and a cost out program of $8bn cheered plus a all-important 58c dividend. Big miners in the red as Asia closes for May Holidays. BHP lost 1.4%. In econo...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 finishes the month in a sorry state closing down 56 points to 7026. Down 35 points for the week and up 3.5% for the month. ANZ slipped after a write down, BPT were dusted by a reserve downgrade falling 24% and Slattery's 3DP cratered by 19% as quarterlies and production reports...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 closes up 18 to 7082 in quiet narrow range trading. Mining stocks gained as production reports dropped and gold miners found some friends again. BHP rose 0.9% whilst FMG was relatively unchanged on production numbers showing on track for record shipments. Banks were a little nervous...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 closes up 31 points to 7065 on very good CPI numbers below forecasts and giving the RBA plenty of room to breathe. Banks in focus with the CBA up 1% and plenty of business updates and quarterlies to keep investors on their toes. KGN rose 7% on a clarification of its update yesterday...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 fell 12 to 7034 in narrow range trading. Once again quarterlies and M&A activity dominated. TAH saw another bid from Ladbrokes for its wagering business and BIN up 6% on a agreed scheme with Macquarie' MIRA. Banks flat with big iron ore miners continuing to bubble higher as...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 closes down 15 (-0.2%) in quiet directionless trade. Banks slipped on the close but iron ore hitting records in Asian and a upgrade from Bell Potter saw FMG rise 4.8% and BHP up only 0.6%. WBC announced a $282m write down closing down 0.2% and industrials drifting lower. NHF updated...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 closes up 5 to 7061 to finish the week down 2 whole points. Banks firm and CSL doing better. Market continues to drift and wobble but holding in. Plenty of corporate news, KGN down 14.3% on its business update and AMP to split with the stock cheering the news up 0.9%. Great drill res...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 building back better with a 58 point rise to 7055 (0.8%). Dow futures down 18. Across the board gains building throughout the day. Closing on its highs for a loss of a mere 8 points so far this week. Banks doing well again with the Big Bank Basket up to $169.22. AMP falls to new lows...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 closes down a mere 20 points (0.29%) to 6997 after rallying hard off a low of 6905. A promising turnaround in resources on higher ore prices, BHP lost 0.% after its production report and FMG unchanged. Banks were lower but CBA bucked the trend rising 0.5%. Business  updates and quart...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 drops 48 points to 7018. Dow futures up 66. AUD approaching 78c and 10-year yields rise to 1.77% hurting sentiment. Plenty of quarterly updates and production reports. CGF fell 15.8% as it guided to lower end of forecasts, LYC misses down 8.3% and CRN also in the dog house down 7.7%....

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. A quiet and uninspiring start to the week with the ASX 200 drifting off into the close up a mere 2 points to 7066. Banks and miners firmed as industrials drifted lower. ORE/GXY announced a merger and SGM rose nearly 9% on a business update. The Trans Tasman Bubble officially kicked off today...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 closed up 5 points in lacklustre quiet trading. Up 0.9% for the week to 7064. Banks a little soggy as bond yields fell to 1.72% on teh 10 years, materials better on iron ore and gold miners finding favour as yields fall. ORG falls 9% after a ruling on energy prices and MND settles wi...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. Another positive day with the ASX 200 rising 35 points to 7058. Good turn around on the jobs number with the headline rate of 5.6% and banks turning positive after. Big miners leading the charge higher as the all-time high approaches. Tech stocks miss out as APT falls slightly and Z1P down 6...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. A strong day with the ASX 200 up 46 points to 7023. Good economic data coupled with strong US leads and some M&A activity helping. CAA bid for by PE rising 20% and Z1P in a trading halt following yesterdays rise and a capital raise through a convertible. US Bank results beckon. Gold mine...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. A small gain today for the ASX 200 rising 3 points to 6977 after another attempt at 7000 in quiet trade. The market is waiting for the US reporting season to kick off. Great result from Z1P up 17% on a business update the highlight today. BIN also up 10% as the pointy end of the bid process...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. A quiet start to the week with the ASX 200 falling 21 points to 6974 (0.3%). Modest losses across the board although banks and TLS slightly better. CSL rallied 0.8% after vaccine news and STO shackled the CEO with a $6m incentive as WPL circles. No significant economic or corporate news. US...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. The ASX 200 closed down 4 points at 6995 as it clawed its way back from a 30 point loss as enthusiasm waned on vaccine issues. Travel stocks weakened but banks were solid  and industrials. CSL fell 1% on teh vaccine news and big miners flat. Gold stocks though saw some gains especially in th...

Catch up with all the action today from the Marcus Today Team.  Another solid 42 point rise today although volume lacking and conviction waned at times. Banks showing strength again with gold and energy stocks also recovering. A acquisition in Europe by EML helped its share price and APT continued to push higher though its siblings struggled. CLICK HERE to sign up for a free trial of the Marcus To...