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ANALYSIS

Market Analysis

4DX.AX

ABG.AX

ASK.AX

AIS.AX

AGL.AX

A1M.AX

AIZ.AX

AAI.AX

ALK.AX

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ALL.AX

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ASX.AX

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BCI.AX

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BHP.AX

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XYZ.AX

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BOE.AX

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BRE.AX

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BGP.AX

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BWP.AX

CMM.AX

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CAR.AX

CIN.AX

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CAT.AX

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POPULAR ETFs	Close($)	+/-	%
A200 ASX 200	145.54	0	0
SSO ASX Small Caps	15.86	0	0
IVV S&P 500	70.43	0	0
NDQ Nasdaq	62.92	0	0
F100 FTSE 100	14.72	0	0
ASIA Asia Tech	22.70	0	0
IEU Europe	100.48	0	0
IEM Emerging Markets	97.59	0	0
Gold Gold	57.53	0	0
ACDC Battery Tech	176.70	0	0

COMMODITIES	Close($)	-/+	%
Gold	4,478.67	46.8916	1.06
Silver	74.01	1.3066	1.8
Platinum	1,895.36	36.2132	1.95
Palladium	1,311.00	9.2301	0.71
Ice Brent Crude	94.76	-3.05	-3.12
CURRENCIES	Close($)	-/+	%
Australian Dollar	0.7133	0.0005	0.07
Euro	1.1608	0.0013	0.11
British Pound	1.3422	0.0006	0.04
Canadian Dollar	1.3907	0.0011	0.08
New Zealand Dollar	0.5867	0.0007	0.12
Chinese Yuan	6.7735	0.0043	0.06
Japanese Yen	160.0200	-0.01	-0.01

What We're Watching

ASX Resource stocks we own

Code	Company	Price($)	Today	1 Year Return	52 Week Range($)
A1M	Aic Mines Ltd	0.68	0%	109.23%	0.30 0.75
BGL	Bellevue Gold Ltd	1.47	0%	58.12%	0.78 2.00
BHP	Bhp Group Ltd	62.80	0%	72.82%	35.52 65.04
FMG	Fortescue Ltd	21.02	0%	45.94%	14.31 23.38
NHC	New Hope Corporation Ltd	6.17	0%	63.69%	3.63 6.17
WHC	Whitehaven Coal Ltd	9.53	0%	68.80%	5.31 9.90
NEM	Newmont Cdi	150.53	0%	0.00%	80.70 190.91
NXG	Nexgen Ene Cdi	15.97	0%	0.00%	9.60 20.47
SFR	Sandfire Resources Ltd	19.51	0%	77.03%	10.11 21.75

10 Top Gainers | <$500m

Code	Company	Last($)
4DX	4dmedical	3.92
ABG	Abacus Group Unt	0.96
ASK	Abacus Storage K	1.37
AIS	Aeris Resources	0.43
AGL	Agl Energy	8.50
A1M	Aic Mines	0.68
AIZ	Air New Zealand	0.35
AAI	Alcoa Corpor Cdi	113.87
ALK	Alkane Resources	1.47
A4N	Alpha Hpa	0.75

10 Biggest Fallers | <$500m

Code	Company	Last($)
ZIP	Zip Co	2.34
ZIM	Zimplats Holding	16.03
YAL	Yancoal Australi	7.21
XRO	Xero	80.40
WOR	Worley	13.10
WOW	Woolworths Group	35.26
WDS	Woodside Energy	31.33
WTC	Wisetech Global	40.14
WTN	Winton Land	2.20
WC8	Wildcat Resource	0.51

OPINION

Latest Market Matters Opinions

04/06/2026 16:36

Broker Moves

• Endeavour Shares Rise Most Since 2022 After Citi Upgrades to Buy • GrainCorp Raised to Buy at Ord Minnett; PT A$7.25 • Evolution Raised to Neutral at Goldman; PT A$12.70 • Capricorn Metals Cut to Neutral at Goldman; PT A$16.90 • Aeris Resources Rated New Buy at Canaccord • Superloop Cut to Neutral at Macquarie; PT A$3.70 • Megaport Raised to Overweight at Barrenjoey; PT A$19.50

04/06/2026 16:36

What Mattered Today

The ASX was on the back foot from the opening bell as investors digested overnight missile strikes between the US and Iran. Selling was significant but orderly, with the market moving gradually lower through the morning before popping and stabilising ~30pts above the lows for much of the afternoon.

ACTION

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Market Matters Content

What Matters Today: Miners are carrying our market – who steps up next?

Morning report 04/06/2026

Afternoon Report

The Match Out: Middle East tensions and iron ore fears drag the ASX lower

Afternoon report 04/06/2026

Ask James ASK A QUESTION

Ask James

Question asked 28/05/2026

BetaShares Nasdaq 100 ETF (ASX: NDQ) and SpaceX inclusion

Hi guys, It is my understanding that the Nasdaq in recent weeks made amendments to the rules for the Nasdaq 100 index to “fact track” SpaceX entry on to the index. How and when would an ETF like NDQ reflect such an inclusion? SpaceX free float is actually very low (I believe no more than 8%), but the market cap is large (money wise). Is there a risk of funds having to rotate from other sectors/stocks to cover the weight of SpaceX in the index? Lastly, I read your response about Pengana Private Equity Trust as a vehicle to gain exposure to the IPO. It appears to me that the recent share price appreciation is driven by SpaceX interest as the rest of the investments are a bit of a black box. It seems very speculative and prone to dilution post IPO, in my humble opinion. What do you think? Thanks for your responses. Angela What is MM advice regarding SpaceX IPO? Should we be attempting to join the chorus of interest in buying shares directly? Or maybe we can buy into a fund or ETF that contains SpaceX holding. Or just stay out of it! Sandy

Ask James

Question asked 28/05/2026

Catapult Sports Ltd (ASX: CAT)

Hi team, you are doing an excellent job in helping us navigate the stock market. I would like your thoughts on CAT. CAT announced FY26 results on 20/5; the stock was up 17% on that date, closing at $3.39, and reached a high of $3.885 on the next day (21/5). CAT was down 6.16% today (25/5), closing at $3.35. Do you know the reason for today’s big fall?

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Chart of the week

US 30-Year Bond Yield v S&P 500 Index

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BHP (ASX: BHP) Rally: Should You Take Profit After a 42% Surge in 2026?

BHP extended its recent rally, approaching $65 as growing optimism around copper demand continues to drive buying across the sector.

ASX:BHP 28/05/2026

Why SiteMinder (ASX: SDR) is soaring up ~8%

SiteMinder (SDR) has rallied up to 12% after announcing a new hotel management system partnership with Mews, a move the market sees as strategically important for customer growth and product positioning.

ASX: SDR 28/05/2026

Morning Report