POPULAR ETFs	Close($)	+/-	%
A200 ASX 200	127.45	0	0
IVV S&P 500	52.04	0	0
NDQ Nasdaq	41.36	0	0
F100 FTSE 100	11.61	0	0
ASIA Asia Tech	8.33	0	0
IEU Europe	83.28	0	0
IEM Emerging Markets	62.43	0	0
Gold Gold	34.04	0	0
ACDC Battery Tech	93.99	0	0
BBOZ Short ASX	3.02	0	0

COMMODITIES	Close($)	-/+	%
Gold	2,378.25	17.445	0.74
Silver	28.23	0.01	0.04
Platinum	936.66	-1.5378	-0.16
Palladium	1,022.79	-3.3068	-0.32
Ice Brent Crude	87.42	-2.6	-2.89
CURRENCIES	Close($)	-/+	%
Australian Dollar	0.6422	0.0002	0.03
Euro	1.0644	0.0001	0.01
British Pound	1.2434	-0.0001	-0.01
Canadian Dollar	1.3765	0	0
New Zealand Dollar	0.5902	0.0001	0.02
Chinese Yuan	7.2382	-0.0002	0
Japanese Yen	154.6200	-0.01	-0.01

What We're Watching

Stocks on our Hitlist

Code	Company	Price($)	Today	1 Year Return	52 Week Range($)
AUB	Aub Group Ltd	27.85	0%	4.40%	24.98 31.96
ANG	Austin Engineering Ltd	0.50	0%	32.89%	0.23 0.51
C79	Chrysos Corporation Ltd	6.99	0%	0.00%	3.91 8.72
GEM	G8 Education Ltd	1.21	0%	-3.61%	0.92 1.29
IGL	Ive Group Ltd	2.08	0%	-16.87%	1.70 2.52
IGO	Igo Ltd	7.28	0%	-46.96%	6.75 15.94
ILU	Iluka Resources Ltd	7.30	0%	-37.32%	6.24 12.08
NXL	Nuix Ltd	1.95	0%	86.32%	0.76 2.26
SIQ	Smartgroup Corporation Ltd	9.99	0%	47.46%	6.45 10.80
SUL	Super Retail Group Ltd	14.68	0%	13.34%	10.35 17.11

10 Top Gainers | <$500m

Code	Company	Last($)
ABG	Abacus Group Unt	1.15
ASK	Abacus Storage K	1.14
AX1	Accent Group	1.83
ABC	Adbri	3.15
ADT	Adriatic Metals	4.26
AGL	Agl Energy	9.30
AIZ	Air New Zealand	0.54
A4N	Alpha Hpa	1.08
ALQ	Als	13.30
ALU	Altium	65.47

10 Biggest Fallers | <$500m

Code	Company	Last($)
ZIP	Zip Co	1.14
ZIM	Zimplats Holding	17.51
YAL	Yancoal Australi	5.83
XRO	Xero	119.14
WOR	Worley	16.54
WOW	Woolworths Group	31.75
WDS	Woodside Energy	29.45
WTC	Wisetech Global	90.71
WTN	Winton Land	2.47
WC8	Wildcat Resource	0.51

OPINION

Latest Market Matters Opinions

18/04/2024 16:39

What Mattered Today

The local market shook off weakness in the US overnight to open higher, largely thanks to our Resources exposure that continues to find some support following trade sanctions on both China and Russia. Late morning saw local employment data land with the mixed numbers largely disregarded by the market. Buying picked up in the early afternoon as yields started to roll off, though equities couldn’t go on with the move, ultimately though the 5-day losing streak for the ASX was snapped with a ~0.5% gain today.

18/04/2024 16:37

BHP Group (BHP) $45.09

BHP +1.46%: while much of the rally today can be explained by strong iron ore and copper prices, BHP was also out with their 3Q production update which was largely positive. Copper production of 466kt was a small beat to expectations with strong grades going through their flagship Escondida asset plus a strong ramp up at the Chilean asset Spence.

ACTION

Only available to Members

Take a free 14 day Market Matters trial – full access to all our reports, portfolios, positions, buy and sell recommendations. Access the latest views on the latest developments from professional money managers. It’s free and no payment details are required

For membership options and pricing.

Click here

Members only

UNLOCK MARKET MATTERS NOW

Take a free trial.

No payment details required.

Market Matters Content

What Matters Today: Do we like Gina’s ongoing buying into rare earths?

Morning report 18/04/2024

Afternoon Report

The Match Out: ASX snaps losing streak, BHP Qtly in focus

Afternoon report 18/04/2024

Ask James ASK A QUESTION

Ask James

Question asked 12/04/2024

Your thoughts on RIC?

RIC recently caught my eye with a fairly small ($30k) director on-market purchase. Another pro, the chart looks good to me. However, it appears their growth forward may be in question as the 24H1 report shows overall decreasing numbers. One final point I noticed is that the directors are taking some of their renumeration in stock. I have two questions. Firstly, what are your overall thoughts on RIC? Secondly, I noticed that directors receiving part of their remuneration in stock is fairly commonplace on the ASX - how do you view this? Thanks!

Ask James

Question asked 11/04/2024

MM Membership

Hi Ross, If one was to invest around 300k? in the managed funds, do they get access to the subscription site? Thanks

Featured podcasts Subscribe to podcasts

Thursday 4th April – DOW down -43pts, SPI off +26pts 04/04/2024 08:30am Listen now

Wednesday 3rd April – ASX200 -101pts, Ramelius (RMS), Westgold (WGX) & EML 03/04/2024 12:17pm Listen now

Weekly video update Subscribe to videos

Market Matters Video Update: Portfolio Performance update for February 2024 15/03/2024

MM Market Matters Portfolios

GO TO ALL PORFOLIOS

22.43% Active Growth Portfolio

9.43% Active Income Portfolio

26.60% International Equities Portfolio

9.37% Emerging Companies Portfolio

*NEW* Core ETF Portfolio

22.43% Active Growth Portfolio 9.43% Active Income Portfolio 26.60% International Equities Portfolio 9.37% Emerging Companies Portfolio *NEW* Core ETF Portfolio

At Market Matters our portfolios give members the chance to see a detailed breakdown of our market activity.

Choose to follow any portfolio, in-part or in-full, discover a portfolio that suits your interests and risk level, and see our latest sales, as well as our holdings.

*Portfolio returns in CY 2023.

Latest View Points

BHP

WHC

ILU

LYC

WDS

BOE

IVV

MXI US

A200

UNH US

ZIP

HBRD

Chart of the week

US Russell 2000 (Small Cap) Index

Aus. Investment blog Subscribe to blog

Why did Elders (ELD) shares crash?

ELD -24.42%: the agricultural services company saw shares smacked more than 20% today after providing FY24 guidance for the first time. The first half has been hit by falling sentiment in the sector on the back of El Nino, lower crop protection prices, cheap livestock prices and a slow start to the winter crop particularly in WA. While an improvement is expected in the 2H, Elders expect EBIT to be ~25% lower than consensus, guiding to $120-140m.

ASX:ELD 26/03/2024