Market Updates

ASX 200 SPI Futures up 22 points. European markets firm. US markets closed for MLK Day. Nickel up 3.3%. Oil up 0.5%. Gold slightly higher. Iron ore down 2.2% Why not sign up for a free trial ? Get access to expert insights and independent research and become a better investor.

The ASX 200 kicked 23 points higher in an afternoon rally closing at 7417 (0.3%). US markets closed tonight for Martin Luther King Day. Banks rose led by CBA up 0.3% and the Big Bank Basket up to $180.80. MQG strong again and fund managers doing well with MFG up 4.2%, PDL bouncing back 7.8% and PPS up 4.2%. Healthcare better with CSL up 0.8% and COH up 1.5%. Industrials too in demand after WES gui...

US markets finished weaker on Friday night and SPI Futures were down 28 points at the Saturday morning close. Get up to speed with Henry's Breakfast Briefing.  ASX 200 SPI Futures up 28. Dow falls 202 (0.6%) Nasdaq up (0.6%). US Reporting season continues. Oil sprints 2.9% ahead. Gold flat. Base metals mixed. Iron ore down.   Why not sign up for a free trial ? Get access to expert insights an...

The ASX 200 stumbled 81 points lower to 7394 (1.1%) on weak overseas leads and tech under pressure here. Banks took flight with the Big Bank Basket down to $180.07 (1%) led lower by CBA down 1.2%, NAB down 0.6% and MQG down 1.0%. Insurers also eased with QBE down 1.0% and PDL down heavily on disappointing FUM numbers falling 15.8%. Healthcare slipped as CSL fell 2.0% SHL down 1.2% though RMD rose...

ASX 200 SPI Futures down 38 points. US markets under pressure. Dow down 0.5% Nasdaq down 2.5% Commodities mixed. Iron ore off 2.8%  Gold down 0.6% Oil down 1% Sign up for a free trial to get full access to expert insights and independent stock market  research.

The ASX 200 moved up 36 points to 7474 vas enthusiasm waned slightly. Resources were once again the place to be as iron ore hit a 3-month high and lithium stocks surged yet further ahead. BHP moved 3.8% ahead of the crucial vote next week, RIO up 4.1% and FMG up 2.5%. In the white powder stocks, PLS rose 4.2%, MIN up 3.0% as a double whammy winner and IGO rose 3.8%. Base metal stocks also in deman...

ASX 200 SPI Futures down 3. US markets unphased by CPI at 7%.  Dow up 0.1% Nasdaq up 0.2%. Commodities kick again. Copper and nickel stand outs. Iron ore above US$130 up 2.3%. Oil better by 1.1%. Sign up for a free trial to get full access to expert insights and independent stock market  research.

The ASX rose 49 points to 7439 (0.7%). Some caution crept in ahead of US data. Banks were flat with the Big Bank Basket at $180.52. MQG bounced back from recent losses up 1.6%, ASX rose 1.9% though MFG eased 1.9%. Healthcare was mixed, CSL rose 1.9% but SHL down 0.9%.  Industrials slightly better with WES up 0.6%, TLS up 2.0% and TPG up strongly by 5.0% on a broker upgrade. Tech slightly firmer le...

ASX 200 SPI Futures up 63. US markets rally hard on Fed chief comments on interest rates.  Dow up 183 Nasdaq up 211.  Oil up 3.5%. Nickel at 7 year high.  Iron ore up 2.5% Gold up 1.3% Sign up for a free trial to get full access to expert insights and independent stock market  research.

The ASX 200 slips 57 points to 7390(0.8%) as banks stumble lower. The Big Bank Basket fell to $180.67 down 1.2%. CBA led the rout with a loss of 1.5%. WBC fell 0.7% and MQG dropped 1.4%. MFG bucked the trend with a small gain of 2.7%. Insurers dropped with QBE down 1.3% as 10-year yields eased back to 1.89%. Healthcare also fell led lower by CSL down 0.7% and SHL off 0.6%.  Industrials too succumb...

ASX 200 SPI Futures down 41 points. US markets stage a big turnaround with Nasdaq closing up after 2.7% falls.  Gold slightly better. Oil off 1%. Iron ore down 1.5%. Base metals mixed. Sign up for a free trial to get full access to expert insights and independent stock market  research.

The ASX clawed its way back to finish down 6 at 7447 . After a negative start on tech woes, resources kept the index close to flat on thin holiday volumes. Iron ore miners led the gains with BHP up 2.4% and FMG rallying 1.3%. Lithium stocks were back in vogue as PLS piled on the points up 2%, MIN made minor gains up 2.7% and AKE up 0.8%. Energy stocks also in demand with WPL up 2.3%, STO up 0.7% a...

ASX 200 SPI Futures up 2 points. US markets weaker. Nasdaq down 0.96%. Oil slips, gold better and iron ore off 0.7% Resource stocks in focus. Lithium especially. Sign up for a free trial to get full access to expert insights and independent stock market  research.

The ASX 200 pushes 23 points higher to 7388 (0.3%) in thin listless trade as Xmas approaches. Banks led the market higher as the Big Bank Basket rose to $177.40 (0.44%) with CBA up 0.3% and NAB gaining 0.6%. MQG rose 0.6% and insurers also did well as bonds rose slightly. MFG saw a 5.2% rise after CIO goes on the charm offensive. Healthcare also doing well as CV19 cases soar in NSW and testing inc...

US markets extend gains, putting the S&P 500 within shouting distance of its all-time high. SPI Futures are up 39 points and perhaps, just perhaps, the Santa Claus rally is on the way. At the very least, he seems to have taken over today’s Breakfast Briefing.  ASX SPI 200 Futures up 39 points. Dow Jones up 261 (0.74%) Nasdaq up 181 (1.18%) Commodities better. Gold up 0.9% Iron ore down slightl...

The ASX 200 meanders to 10 points gain to close at 7365 (0.13%). Volumes are drying up as we head into Xmas. Banks under a little pressure with the Big Bank Basket unchanged at $176.62. MFG still under pressure, down 3.1% but volatility diminishes. CHC has taken out 50% of Paradice making valuations interesting. CHC down 7.5% on the news. REITS slipped lower as GPT down 1.3% and MGR down 0.7%. Hea...

US markets bounced overnight; Dow up 560 points, NASDAQ up 2.4%, oil up 3.7%. SPI Futures up 11 points, looking to build on yesterday’s 63-point gain. Get up to speed with Henry’s Breakfast Briefing. ASX SPI Futures up 11. US Markets bounce hard on renewed optimism on Biden's stimulus bill. Dow up 561 points (1.6%) Nasdaq up 360 (2.4%) Iron continues to rally. Commodities stronger. Oil up 3.7...

The ASX 200 shrugs off negative start to push 63 points higher to 7355 (0.9%) in thin trade. The holy trinity of banks, healthcare and big miners driving the index higher. The Big Bank Basket rallied to $176.68 (0.4%) with MFG finding some support in very volatile trade, closing up 4.4%. MQG bounced slightly but insurers mixed, SUN down 1.4% and QBE off another 0.6%. Big iron ore miners were back...

US markets lost ground again overnight, with the S&P 500 suffering its worst three-session slide since September. It’s not all bad news though; SPI Futures are up six points, iron ore jumped 4%, and Henry is here to keep you entertained and informed with his Breakfast Briefing. Dow down 433 points (-1.23%) although it closed near the session high; at worst down 700, at best down 143. S&P 5...

The ASX 200 fell 12 points today to 7292 (0.2%) in listless trade. Better than the rest of Asia though. Plenty of risk coming off the Xmas table. Banks were softer after some recent gains, the Big Bank Basket eased to $175.99 (-0.4%) with MFG hurting the sector falling 33.0% after it confirmed that it had lost a substantial mandate. MQG also slipped slightly down 1.4%, and insurers mixed. Big mine...

US markets closed lower on Friday night and SPI Futures were down 30 points at the Saturday morning close. Get caught up with Henry’s Breakfast Briefing.  ASX SPI 200 Futures down 30 US markets volatile and heavy volume. Nasdaq down 0.07% Dow down 1.48% Iron ore higher. Oil lower.  Commodities mixed. Omicron cases steady close to records in NSW. MT Christmas Advent Sale! This works like an advent...

The ASX 200 rose just 8 points to 7304 as enthusiasm waned into the weekend, big sell off in the last hour or so. Banks and miners driving the gains as tech crumbled. The Big Bank Basket rose to $176.11 (1.5%) with CBA up 2.4% and ANZ rallying 0.7%. Insurers were better with QBE seeing some bargain hunting up 0.2% and IAG better by 0.9%.  Miners saw good solid gains after a rise in commodity price...

US markets pulled back overnight, with tech stocks on the nose, in a delayed reaction to the Fed and as the BoE surprised by hiking rates. Get up to speed with Henry's Breakfast Briefing.  ASX 200 SPI Futures up 10. US markets mixed. Nasdaq drops 2.5%. BNPL stocks under pressure. Big tech hit hard. Commodities better. Gold up 1.9% Oil up 1.5%  Iron ore up 4.6% MT Christmas Advent Sale! This w...

The ASX 200 fell 31 points ' CSL adjusted' today to 7296 (0.4%). CSL accounted for 34 negative points after falling 8.2% to issue price as huge capital raising weighs. SPI expiry bumps volume. Over $1bn worth of trade in CSL . Suspect instos selling to retail. Banks fell with the Big Bank Basket down to $193.93 (0.01%), QBE continues to fall down 2.3% with MFG finding some support in fun...

Dow up 383, rallying post the Fed announcement. Whilst the central bank announced an even faster taper than the market expected, and that it will raise rates more aggressively, the market took it in its stride. Get up to speed with Henry's Breakfast Briefing.  ASX SPI Futures up 37 Expiry Day today. US markets rally as Powell lays out three rate rises in 2022. Tapering to finish sooner. Nasda...