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ANALYSIS
OPINION
ACTION

ANALYSIS

Market Analysis

4DX.AX

2.52%

ABG.AX

1.61%

AIS.AX

-2.67%

AGL.AX

-0.72%

A1M.AX

1.32%

AIZ.AX

AAI.AX

-1.94%

ALK.AX

-2.76%

A4N.AX

-1.56%

ALQ.AX

0.49%

AMC.AX

-0.31%

AOV.AX

1.38%

AMP.AX

-0.15%

ALD.AX

0.66%

ANN.AX

-0.6%

ANZ.AX

-0.09%

APA.AX

0.15%

ARU.AX

-2%

ARB.AX

0.5%

ARF.AX

0.16%

ARG.AX

0.11%

ALL.AX

0.64%

AYA.AX

-1.13%

APZ.AX

0.38%

ASX.AX

1.37%

ALX.AX

0.1%

AUB.AX

0.86%

AIA.AX

0.84%

AMI.AX

1.69%

AZJ.AX

-0.12%

ABB.AX

0.84%

ASB.AX

0.12%

AAC.AX

-1.08%

AEF.AX

1.59%

AFI.AX

0.28%

AUI.AX

-0.09%

BOQ.AX

0.49%

BMN.AX

-3.29%

BCI.AX

1.2%

BPT.AX

-0.3%

BGA.AX

0.17%

BGL.AX

1.82%

BEN.AX

0.48%

BNZ.AX

-3.1%

BHP.AX

0.07%

BKI.AX

-0.55%

BC8.AX

-3.54%

XYZ.AX

-0.3%

BSL.AX

0.64%

BOE.AX

-3.32%

BXB.AX

-1.99%

BVS.AX

-0.25%

BRE.AX

-2.87%

BRG.AX

0.03%

BGP.AX

BFL.AX

BWP.AX

-0.66%

CMM.AX

-2.75%

CSC.AX

-1.66%

CAR.AX

0.84%

CIN.AX

CYL.AX

-3.46%

CAT.AX

0.65%

CWP.AX

1.15%

CNI.AX

-0.81%

CIP.AX

-0.66%

COF.AX

CGF.AX

0.87%

CIA.AX

-0.25%

CHI.AX

CHC.AX

-0.35%

CLW.AX

-0.41%

CQR.AX

0.26%

CQE.AX

-0.94%

CNU.AX

-0.51%

C79.AX

1.74%

CVL.AX

1.99%

CU6.AX

-4.18%

CWY.AX

1.68%

CUV.AX

0.98%

CBO.AX

-7.75%

COH.AX

-0.91%

CDA.AX

-0.12%

COL.AX

-0.52%

CKF.AX

0.88%

CBA.AX

0.27%

CPU.AX

-1.73%

CEN.AX

CXO.AX

-1.67%

CCP.AX

0.08%

CMW.AX

CSL.AX

1.59%

CCL.AX

-0.2%

DBI.AX

-0.53%

DTL.AX

-0.11%

DTR.AX

1.92%

DYL.AX

-6.01%

DRR.AX

-0.22%

DVP.AX

1.9%

DXS.AX

1.46%

DXI.AX

DDR.AX

1.47%

DGT.AX

1.02%

DJW.AX

1.39%

DMP.AX

0.12%

DOW.AX

0.51%

DPM.AX

0.04%

DRO.AX

-5.56%

DUR.AX

-0.42%

DNL.AX

-1.03%

APE.AX

0.05%

EBO.AX

1.25%

EIQ.AX

-5.21%

ELD.AX

-0.19%

EOS.AX

-3.03%

ELV.AX

-5.53%

ELS.AX

-4.5%

EHL.AX

1.52%

EMR.AX

-3.29%

EDV.AX

ERA.AX

EQR.AX

-2.68%

EUR.AX

0.66%

EVN.AX

-3.09%

EVT.AX

-0.6%

FCL.AX

FFM.AX

-3.87%

FPH.AX

1.52%

FPR.AX

0.68%

FBU.AX

0.36%

FLT.AX

1.94%

FRS.AX

-3.33%

FMG.AX

0.65%

FRW.AX

FGX.AX

0.75%

FGG.AX

-1.16%

GLF.AX

0.22%

GDG.AX

1.49%

GNE.AX

0.95%

GMD.AX

-1%

GNP.AX

2.03%

GMG.AX

0.13%

GPT.AX

-0.62%

GQG.AX

GNG.AX

1.02%

GNC.AX

1.15%

GGP.AX

-4.2%

GOZ.AX

GCI.AX

0.72%

GYG.AX

0.74%

GWA.AX

0.43%

HSN.AX

1.14%

HVN.AX

HGH.AX

HM1.AX

HLI.AX

1.08%

HMC.AX

-1.32%

HDN.AX

0.4%

HUB.AX

1.02%

IEL.AX

-2.21%

IGO.AX

-1.41%

ILU.AX

-2.62%

IMD.AX

-2.13%

IMR.AX

-3.03%

IFT.AX

0.24%

INA.AX

-1.88%

ING.AX

IAG.AX

0.25%

IDX.AX

1.7%

IPG.AX

1.38%

IPX.AX

-4.56%

IPH.AX

1.54%

IRE.AX

0.95%

JHX.AX

-0.84%

JBH.AX

0.09%

JDO.AX

1.96%

JMS.AX

KAR.AX

-2.9%

KLS.AX

-0.23%

KCN.AX

-2.93%

KKC.AX

GLS.AX

-0.48%

LGF.AX

L1G.AX

0.81%

LSF.AX

-0.63%

LRV.AX

-1.18%

LFS.AX

LLC.AX

-2.63%

LFG.AX

0.29%

360.AX

-1.55%

LIC.AX

-0.38%

LNW.AX

0.23%

LIN.AX

-3.89%

LTR.AX

-3.93%

LOV.AX

0.09%

LYL.AX

1.1%

LYC.AX

-2.71%

MA1.AX

MAF.AX

0.16%

MGH.AX

-0.56%

MAH.AX

MQG.AX

0.97%

MAQ.AX

0.27%

MAD.AX

-1.88%

MFG.AX

-0.09%

MMS.AX

0.73%

MPL.AX

0.1%

MP1.AX

2.49%

MCY.AX

-0.53%

MEZ.AX

1.3%

MSB.AX

-2.4%

MLX.AX

-2.95%

MTS.AX

-0.33%

MOT.AX

0.3%

MXT.AX

MMI.AX

-1.95%

MFF.AX

1.72%

MIN.AX

-0.85%

MI6.AX

MIR.AX

-1.19%

MGR.AX

-1.03%

MND.AX

0.85%

MYR.AX

MYS.AX

1.08%

NAN.AX

-1.75%

NAB.AX

0.05%

NGI.AX

-0.4%

NWL.AX

6.71%

NEU.AX

-1.56%

NHC.AX

-2.18%

NMG.AX

-1.06%

NEM.AX

-0.85%

NWS.AX

-0.3%

NXG.AX

-2.09%

NXT.AX

3.08%

NHF.AX

0.36%

NCK.AX

-0.19%

NIC.AX

-2.72%

NEC.AX

0.55%

NST.AX

-2.71%

NWH.AX

NUF.AX

0.73%

OCL.AX

2.77%

OML.AX

-0.35%

OPH.AX

1.22%

OBM.AX

-2.77%

ORI.AX

-0.13%

ORG.AX

-1.57%

ORA.AX

-0.36%

PDN.AX

-2.22%

PNR.AX

-3.14%

PPC.AX

-0.59%

PPM.AX

-0.61%

PRN.AX

-1.3%

PPT.AX

-0.63%

PCI.AX

-0.45%

PRU.AX

-2.51%

PXA.AX

-0.46%

PNI.AX

-0.61%

PL8.AX

0.36%

PLS.AX

-2.24%

PGF.AX

PNV.AX

-0.25%

PDI.AX

-2.67%

PMV.AX

-0.14%

PME.AX

1.37%

PWH.AX

-0.23%

PYC.AX

1.45%

QAN.AX

-0.38%

QBE.AX

0.08%

QAL.AX

0.64%

QRI.AX

QUB.AX

0.2%

RMS.AX

-0.96%

RHC.AX

0.53%

REA.AX

1.03%

RDX.AX

-0.84%

REH.AX

-0.06%

RF1.AX

-0.84%

RPL.AX

RG1.AX

-1.2%

RGN.AX

0.43%

REG.AX

-1.04%

RRL.AX

0.15%

RWC.AX

-1.29%

RMD.AX

2.43%

RSG.AX

-3.02%

SGLLV.AX

1.45%

RIC.AX

-0.38%

RIO.AX

-0.77%

RXL.AX

-3.61%

RFF.AX

-0.5%

RYM.AX

2.22%

SFR.AX

-0.31%

STO.AX

-1.11%

SCG.AX

-1.53%

SEK.AX

0.46%

SHV.AX

-1.01%

SRV.AX

-0.79%

SSM.AX

-0.39%

SGH.AX

0.47%

SHA.AX

SIG.AX

-0.35%

SLX.AX

-3.33%

SGM.AX

0.8%

SDR.AX

1.92%

SKS.AX

2.41%

SKC.AX

SIQ.AX

0.08%

SHL.AX

-0.14%

S32.AX

-0.24%

SX2.AX

-2.24%

SXE.AX

0.23%

SPK.AX

0.33%

SRG.AX

SBM.AX

-1.98%

SMR.AX

-0.22%

SDF.AX

0.3%

SGP.AX

-1.38%

SKG.AX

-1.15%

SNZ.AX

SUN.AX

0.68%

SRL.AX

-1.29%

SUL.AX

-0.16%

SLC.AX

SNL.AX

0.76%

SYL.AX

2.38%

TAH.AX

0.31%

TEA.AX

2.53%

TNE.AX

2.01%

TLX.AX

-1.44%

TLS.AX

-0.3%

TPW.AX

-3.04%

A2M.AX

2.4%

TLC.AX

-0.64%

SGR.AX

1.05%

TVN.AX

-5.41%

THL.AX

TWR.AX

TPG.AX

-0.83%

TCL.AX

0.14%

TWE.AX

-0.33%

TUA.AX

-0.88%

TCG.AX

TRA.AX

UNI.AX

-0.13%

VAU.AX

VNT.AX

-1.18%

VCX.AX

-1.14%

VGN.AX

0.51%

VEA.AX

0.7%

VUL.AX

-0.66%

VSL.AX

-0.81%

VYS.AX

-2.06%

WA1.AX

-0.94%

WGN.AX

-0.91%

WAM.AX

WGB.AX

WLE.AX

SOL.AX

0.24%

WPR.AX

-0.2%

WQG.AX

0.51%

WEB.AX

0.7%

WBT.AX

4.99%

WES.AX

0.55%

WAF.AX

-3.56%

WGX.AX

-1.62%

WBC.AX

0.26%

WHF.AX

WHC.AX

-1.46%

WIA.AX

0.99%

WC8.AX

-2.4%

WTN.AX

WTC.AX

5.12%

WDS.AX

-1.17%

WOW.AX

-0.33%

WOR.AX

-1.02%

XRO.AX

1.32%

YAL.AX

-1.38%

ZIM.AX

0.88%

ZIP.AX

0.31%

POPULAR ETFs	Close($)	+/-	%
A200 ASX 200	147.12	-0.09	-0.06
SSO ASX Small Caps	14.67	-0.02	-0.14
IVV S&P 500	72.10	0.2	0.28
NDQ Nasdaq	61.99	0.07	0.11
F100 FTSE 100	15.25	-0.01	-0.07
ASIA Asia Tech	21.74	-0.01	-0.05
IEU Europe	99.60	-0.43	-0.43
IEM Emerging Markets	97.14	-0.61	-0.62
Gold Gold	54.71	-0.03	-0.05
ACDC Battery Tech	141.07	0.47	0.33

COMMODITIES	Close($)	-/+	%
Gold	4,150.63	-13.3466	-0.32
Silver	61.67	-0.4118	-0.66
Platinum	1,620.38	-10.62	-0.65
Palladium	1,266.50	-1.8966	-0.15
Ice Brent Crude	72.01	-0.11	-0.15
CURRENCIES	Close($)	-/+	%
Australian Dollar	0.6952	0	0
Euro	1.1437	-0.0001	-0.01
British Pound	1.3388	-0.0002	-0.01
Canadian Dollar	1.4209	0.0005	0.04
New Zealand Dollar	0.5699	-0.0001	-0.02
Chinese Yuan	6.7958	0.0161	0.24
Japanese Yen	162.1400	0.06	0.04

What We're Watching

ASX Resource stocks we own

Code	Company	Price($)	Today	1 Year Return	52 Week Range($)
A1M	Aic Mines Ltd	0.77	1.32%	135.38%	0.30 0.79
BGL	Bellevue Gold Ltd	1.39	1.09%	43.01%	0.78 2.00
BHP	Bhp Group Ltd	59.98	-0.07%	54.06%	37.56 65.98
FMG	Fortescue Ltd	18.63	0.59%	12.92%	15.94 23.38
NHC	New Hope Corporation Ltd	5.16	-2.18%	31.62%	3.77 6.17
WHC	Whitehaven Coal Ltd	7.45	-1.32%	25.04%	5.81 9.90
NEM	Newmont Cdi	139.91	-0.8%	0.00%	87.37 190.91
NXG	Nexgen Ene Cdi	13.64	-1.87%	0.00%	9.66 20.47
SFR	Sandfire Resources Ltd	19.13	-0.8%	68.91%	10.11 21.75

10 Top Gainers | <$500m

Code	Company	Last($)	% Chg
NWL	Netwealth Group	24.43	6.71
WTC	Wisetech Global	37.18	5.12
WBT	Weebit Nano	7.78	4.99
NXT	Nextdc	13.73	3.08
OCL	Objective Corpor	7.04	2.77
TEA	Tasmea	8.52	2.53
4DX	4dmedical	4.47	2.52
MP1	Megaport	19.32	2.49
RMD	Resmed Inc	31.63	2.43
SKS	Sks Technologies	8.70	2.41

10 Biggest Fallers | <$500m

Code	Company	Last($)	% Chg
CBO	Cobram Estate	3.69	-7.75
DYL	Deep Yellow	1.37	-6.01
DRO	Droneshield	2.38	-5.56
ELV	Elevra Lithium	9.57	-5.53
TVN	Tivan	0.35	-5.41
EIQ	Echoiq	1.55	-5.21
IPX	Iperionx	3.98	-4.56
ELS	Elsight	7.64	-4.5
GGP	Greatland Resour	11.30	-4.2
CU6	Clarity Pharmace	2.52	-4.18

OPINION

Latest Market Matters Opinions

07/07/2026 09:30

Flight Centre Travel Group (ASX: FLT) $12.34

Flight Centre is one business that MM has successfully avoided over recent years, but it is starting to look interesting. We looked at it here last month after the company downgraded FY26 earnings guidance due to the Iran War, while at the same time announcing a supportive $200mn buyback - the downgrade, which was no major surprise, is feeling like a “washout low.” The stock is trading on the cheap side while paying a ~3.5% fully franked yield, but we acknowledge this is a mixture of a recovery and broadening story.

07/07/2026 09:29

Local Stocks

Moving onto the ASX where the investment landscape may be a touch trickier when we cast the net further afield than the resources, although if they follow in the footsteps of the US, there is some meaningful performance catch-up to be made on the stock and sector level. When we look at the Advance-Decline Ratio (A-D) below, things are permeating through.

ACTION

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Market Matters Content

What Matters Today: How to Invest as the Market Rally Broadens Beyond the “AI Trade”

Morning report 07/07/2026

Afternoon Report

The Match Out: Healthcare continues strong run as miners weigh in quiet session

Afternoon report 06/07/2026

Ask James ASK A QUESTION

Ask James

Question asked 04/07/2026

Sudden drop in Asian ETFs?

Crickey! I'm heavily invested in Asian ETFs, but on Friday 26th it dropped by 4.71%. This was pretty shocking for me, or is just life? It appears to be because of concerns about future demand for the demand of semiconductor, and other picks and shovels supporting the hyperscalers, AI and data centre development. Fortunately I have read where Samsung and SK Hynix, who dominate in the Korean market, will announce on Monday 29th June investment of "hundreds of billions of dollars" in new production facilities. So very mixed messages here for me. Do you have any information/insights on these developments? I continue to monitor my funds daily with a view to cash when the time is right. Very difficult!

Ask James

Question asked 04/07/2026

Pullbacks & Corrections

Resources (I'm writing this on Monday and also the EOFY, so we'll see what the coming week brings. In your Webinar, Shawn implied that we commodity investors seem to think that in a bull market we expect our shares to go up every day. That's a bit condescending. I have shares in Australian and North American companies in gold, silver, uranium and others. I expected volatility right from my first commodity buy in 2019. But this calendar year the majority of them are down anywhere from 20% to 65% and falling. Should I call that a pullback or a whopping big correction? I don't see how that can possibly look like the beginning of a super cycle. What am I missing?

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