POPULAR ETFs	Close($)	+/-	%
A200 ASX 200	128.18	0.03	0.02
IVV S&P 500	52.04	0.35	0.68
NDQ Nasdaq	40.95	0.56	1.39
F100 FTSE 100	11.80	0.02	0.17
ASIA Asia Tech	8.40	0.22	2.69
IEU Europe	84.35	0.57	0.68
IEM Emerging Markets	62.73	0.74	1.19
Gold Gold	32.93	-0.03	-0.09
ACDC Battery Tech	93.62	1.27	1.38
BBOZ Short ASX	2.98	0	0

COMMODITIES	Close($)	-/+	%
Gold	2,328.50	12.6765	0.55
Silver	27.32	0.1493	0.55
Platinum	912.25	9.75	1.08
Palladium	975.06	-25.9369	-2.59
Ice Brent Crude	88.08	-0.34	-0.38
CURRENCIES	Close($)	-/+	%
Australian Dollar	0.6511	0.0014	0.22
Euro	1.0729	0.0032	0.3
British Pound	1.2513	0.0052	0.42
Canadian Dollar	1.3679	-0.0021	-0.15
New Zealand Dollar	0.5943	0.0008	0.13
Chinese Yuan	7.2385	-0.0075	-0.1
Japanese Yen	155.5100	0.17	0.11

What We're Watching

Stocks on our Hitlist

Code	Company	Price($)	Today	1 Year Return	52 Week Range($)
AUB	Aub Group Ltd	28.79	0.31%	4.73%	24.98 31.96
ANG	Austin Engineering Ltd	0.48	0%	24.68%	0.23 0.51
C79	Chrysos Corporation Ltd	5.74	-12.37%	37.98%	3.91 8.72
GEM	G8 Education Ltd	1.21	-1.22%	-0.82%	0.92 1.29
IGL	Ive Group Ltd	2.09	0.97%	-13.99%	1.70 2.52
IGO	Igo Ltd	7.27	1.54%	-47.37%	6.75 15.94
ILU	Iluka Resources Ltd	7.37	-2.9%	-33.06%	6.24 12.08
NXL	Nuix Ltd	2.06	5.1%	83.11%	0.76 2.26
SIQ	Smartgroup Corporation Ltd	9.99	0.2%	51.03%	6.45 10.80
SUL	Super Retail Group Ltd	14.88	-1.46%	12.84%	10.35 17.11

10 Top Gainers | <$500m

Code	Company	Last($)	% Chg
IMM	Immutep	0.45	16.88
TIE	Tietto Minerals	0.68	6.3
GWA	Gwa Group	2.70	5.47
NXL	Nuix	2.06	5.1
RRL	Regis Resources	2.20	4.76
FPH	Fisher & Paykel	25.45	4.47
NGI	Navigator Global	1.77	4.42
WC8	Wildcat Resource	0.48	4.35
SQ2	Block Inc Cdi	117.08	4.21
TLX	Telix Pharmaceut	14.88	4.06

10 Biggest Fallers | <$500m

Code	Company	Last($)	% Chg
KGN	Kogan.com	5.10	-27.45
DRO	Droneshield	0.84	-10.22
CWY	Cleanaway Waste	2.71	-9.97
ADT	Adriatic Metals	4.20	-6.04
ZIP	Zip Co	1.15	-5.74
STX	Strike Energy	0.20	-4.76
SGR	The Star Enterta	0.40	-3.61
RSG	Resolute Mining	0.41	-3.57
HDN	Homeco Daily Nee	1.23	-3.54
PPT	Perpetual	23.83	-3.48

OPINION

Latest Market Matters Opinions

24/04/2024 16:39

What Mattered Today

Equities followed the US market higher this morning, also adding a little premium thanks to a handful of positive quarterly reports that were announced after the North American markets closed. That all took a back seat as inflation data printed late morning, CPI coming in hotter than expected which sent the market into a spin, falling ~0.6% at the time before finding some relief. In the end, the index closed little changed, a good result given the circumstances though largely thanks to support from the Big 4 banks.

24/04/2024 16:32

Silver Lake Resources (SLR) $1.415

SLR +2.91% a great quarterly update and a positive move on the market in response for the Mid-cap gold company today. Silver Lake produced 65koz of gold and 349t of copper in 3Q with an All In Sustaining Cost (AISC) of $1,522/oz, well above the $3,110/oz average sale price.

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Market Matters Content

Portfolio Positioning: Bonds fell, dragging stocks along for the ride, both are now basing in our opinion

Morning report 24/04/2024

Afternoon Report

The Match Out: CPI dents equity rally ahead of ANZAC Day

Afternoon report 24/04/2024

Ask James ASK A QUESTION

Ask James

Question asked 19/04/2024

Woolworths (WOW) – A beaten up stock worth buying?

Dear James and Team, What are your thoughts on WOW as an short term opportunity. Almost at a 52 week low. Share price drop seems to be based on a supermarket beat up rather than fundamentals. I know MM is more about low trading turnover, but could this be a share with a possible short term rebound in 3-6 months? Charles

Ask James

Question asked 19/04/2024

Correlation of bond prices/yields to the fortunes of QBE

Message: Good morning MM, This mornung you wrote "We reiterate that MM is bullish bonds/bearish yields" I hold QBE in a DIY fund and I wonder if you could write a short primer on the correlation of bond prices/yields to the fortunes of insurers [and specifically QBE] I am currently in it for the capital gain as their dividends are rather paltry Many thanks John Smith PS I am a "refugee" from Stock Specialist. Your website and newsletters - chalk and cheese!!

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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