scroll

Opinion + Action

The latest views from real investors with real money in the markets.

FIND OUT MORE

ANALYSIS
OPINION
ACTION

ANALYSIS

Market Analysis

29M.AX

-6.49%

4DX.AX

-3.45%

ABG.AX

-0.62%

AIS.AX

-7.77%

AGL.AX

-1.52%

A1M.AX

-6.1%

AIZ.AX

AAI.AX

-2.44%

ALK.AX

-1.59%

A4N.AX

-6.84%

ALQ.AX

-1.41%

AMC.AX

0.32%

AOV.AX

-0.49%

AMP.AX

-0.81%

AEL.AX

-1.67%

ALD.AX

-0.27%

ASL.AX

-4.78%

ANN.AX

0.07%

ANZ.AX

1.69%

APA.AX

0.83%

ARU.AX

-5.13%

ARB.AX

-0.38%

ARF.AX

-2.21%

ARG.AX

-1.7%

ALL.AX

0.2%

AYA.AX

0.62%

APZ.AX

-0.64%

ASX.AX

-0.98%

ALX.AX

-0.22%

AUB.AX

3.33%

AIA.AX

-0.44%

AXQ.AX

-5.48%

AMI.AX

-4.49%

AZJ.AX

AUC.AX

-2.82%

ABB.AX

-2.44%

ASB.AX

-0.46%

AAC.AX

ACL.AX

-1.09%

AFI.AX

-0.73%

AUI.AX

-0.67%

BOQ.AX

0.31%

BMN.AX

-8.24%

BAP.AX

BCI.AX

-3.51%

BPT.AX

0.57%

BGA.AX

-0.17%

BGL.AX

-3.42%

BEN.AX

1.28%

BNZ.AX

-5.05%

BHP.AX

-4.05%

BKI.AX

-1.08%

BC8.AX

-3.43%

XYZ.AX

0.15%

BSL.AX

-1.98%

BOE.AX

-5.52%

BXB.AX

2.08%

BVS.AX

0.66%

BRE.AX

-1.96%

BRG.AX

-2.2%

BTR.AX

-1.85%

BGP.AX

-0.27%

BFL.AX

0.25%

BWP.AX

-0.56%

CMM.AX

-4.59%

CSC.AX

-8.12%

CAR.AX

-4.49%

CYL.AX

-3.63%

CAT.AX

-1.66%

CWP.AX

-0.76%

CNI.AX

-0.39%

CIP.AX

-1.74%

COF.AX

-0.58%

CGF.AX

2.92%

CIA.AX

-3.82%

CHC.AX

-0.11%

CLW.AX

-1.18%

CQR.AX

-1.07%

CQE.AX

-0.42%

CNU.AX

C79.AX

0.43%

CVL.AX

CU6.AX

-1.34%

CWY.AX

CBO.AX

2.52%

COH.AX

-2.5%

CDA.AX

-1.91%

CGS.AX

-0.33%

COL.AX

0.65%

CKF.AX

-0.62%

CBA.AX

0.65%

CPU.AX

0.94%

CEN.AX

-0.57%

CXO.AX

-5.48%

CCP.AX

0.5%

CMW.AX

-1.39%

CSL.AX

-1.42%

CCL.AX

-0.92%

DBI.AX

0.56%

DTL.AX

-0.66%

DYL.AX

-9.87%

DRR.AX

-1.9%

DVP.AX

-8.75%

DXS.AX

-0.36%

DXI.AX

-0.43%

DDR.AX

0.21%

DGT.AX

-1.5%

DJW.AX

-1.01%

DMP.AX

-0.79%

DOW.AX

-0.76%

DPM.AX

-1.18%

DRO.AX

-2.35%

DUR.AX

-0.91%

DNL.AX

-2.99%

APE.AX

-2.85%

EBO.AX

0.86%

ELD.AX

1.28%

EOS.AX

-2.87%

ELV.AX

-6.17%

ELS.AX

-6.37%

EHL.AX

EMR.AX

-3.51%

EDV.AX

-0.96%

EQR.AX

-3.75%

EQT.AX

-0.99%

EUR.AX

-2.82%

EVN.AX

-2.44%

EVT.AX

-1.12%

FDC.AX

-1.03%

FCL.AX

2.71%

FFM.AX

-1.42%

FPH.AX

-0.23%

FPR.AX

0.98%

FBU.AX

-0.99%

FLT.AX

-0.91%

FML.AX

-7.98%

FRS.AX

-6.49%

FMG.AX

-3.03%

FRW.AX

-0.55%

FGX.AX

-1.16%

FGG.AX

GLF.AX

GDG.AX

GNE.AX

GMD.AX

-3.29%

GNP.AX

-0.71%

GMG.AX

-0.92%

GPT.AX

-1.57%

GQG.AX

-9.5%

GNG.AX

0.44%

GNC.AX

-1.65%

GGP.AX

-4%

G6M.AX

-4.35%

GOZ.AX

GCI.AX

0.49%

GYG.AX

-4.28%

HSN.AX

0.61%

HVN.AX

-0.71%

HGH.AX

-0.76%

HM1.AX

1.06%

HLI.AX

1.15%

HMC.AX

-5.8%

HDN.AX

-1.36%

HUB.AX

-0.76%

IGO.AX

-4.41%

ILU.AX

-4.44%

IMD.AX

-3.43%

IMR.AX

0.55%

IFT.AX

-1.18%

INA.AX

3.12%

ING.AX

IAG.AX

4.23%

IDX.AX

-0.44%

IPG.AX

0.76%

IPX.AX

-7.37%

IPH.AX

IRE.AX

0.18%

JHX.AX

-2.35%

JBH.AX

0.22%

JDO.AX

KAR.AX

KLS.AX

0.25%

KCN.AX

-2.93%

KKC.AX

GLS.AX

L1G.AX

-2.59%

LSF.AX

-2.09%

LGF.AX

-0.44%

LRV.AX

-2.69%

LFS.AX

0.53%

LLC.AX

-0.71%

LFG.AX

-2.4%

360.AX

1.6%

LIC.AX

LNW.AX

0.56%

LIN.AX

-3.68%

LTR.AX

-8.55%

LOV.AX

-1.9%

LYL.AX

2.04%

LYC.AX

-4.52%

MA1.AX

-0.26%

MAF.AX

-2.1%

MGH.AX

-1.34%

MAH.AX

MQG.AX

-1.24%

MAQ.AX

-0.3%

MAD.AX

-1.78%

MFG.AX

MMS.AX

-0.79%

MPL.AX

1.1%

MP1.AX

-3.15%

MCY.AX

-3.59%

MEZ.AX

1.18%

MSB.AX

-0.92%

MLX.AX

-3.43%

MTS.AX

-0.7%

MEI.AX

-5%

MOT.AX

MXT.AX

4.26%

MFF.AX

-1.12%

MIN.AX

-3.12%

MI6.AX

-2.76%

MIR.AX

-0.83%

MGR.AX

-1.68%

MND.AX

-1.24%

MYS.AX

0.84%

NAN.AX

0.36%

NAB.AX

2.65%

NGI.AX

-1.77%

NWL.AX

-1.45%

NEU.AX

0.2%

NHC.AX

-1.25%

NMG.AX

-2.47%

NEM.AX

-1.81%

NWS.AX

-0.07%

NXG.AX

-4.07%

NXT.AX

-1.95%

NHF.AX

1.24%

NCK.AX

-2.53%

NIC.AX

-2.45%

NEC.AX

-2.53%

NST.AX

-2.04%

NWH.AX

-1.16%

NUF.AX

-1.25%

NXL.AX

-0.82%

OCL.AX

0.34%

OML.AX

OPH.AX

-1.29%

OBM.AX

-3.13%

ORI.AX

-3.84%

ORG.AX

0.26%

ORA.AX

-0.34%

PDN.AX

-9.59%

PNR.AX

-2.99%

PDI.AX

-2.71%

PPC.AX

-0.59%

PPM.AX

-0.85%

PRN.AX

-3.11%

PPT.AX

-0.87%

PCI.AX

PRU.AX

-1.99%

PXA.AX

-1.31%

PNI.AX

-0.07%

PL8.AX

-0.7%

PLS.AX

-7.38%

PGF.AX

-2.15%

PNV.AX

-1%

PMV.AX

-1.32%

PME.AX

-1.51%

PWH.AX

-2.02%

PYC.AX

-0.86%

QAN.AX

0.11%

QBE.AX

2.86%

QAL.AX

-1.17%

QRI.AX

-0.33%

RMS.AX

-3.11%

RHC.AX

-0.28%

REA.AX

-0.07%

RDX.AX

REH.AX

-1.45%

RF1.AX

RPL.AX

-2.08%

RG1.AX

-2.32%

RGN.AX

-1.34%

REG.AX

-1.1%

RRL.AX

-2.89%

RWC.AX

0.94%

RMD.AX

0.03%

RSG.AX

-3.52%

SGLLV.AX

-3.21%

RIC.AX

1.15%

RIO.AX

-3.54%

RXL.AX

-5.51%

RFF.AX

-0.26%

RYM.AX

0.95%

SFR.AX

-5.38%

SMI.AX

-3.6%

STO.AX

0.7%

SCG.AX

SEK.AX

-2.44%

SHV.AX

-0.43%

SRV.AX

-0.16%

SSM.AX

-0.83%

SGH.AX

-0.61%

SHA.AX

-2.33%

SIG.AX

-0.38%

SLX.AX

-5.3%

SGM.AX

-2.6%

SDR.AX

-2.17%

SKS.AX

-2.01%

SKC.AX

-1.82%

SIQ.AX

SHL.AX

-1.91%

S32.AX

-4.2%

SX2.AX

-0.47%

SXE.AX

-2.07%

SPK.AX

-1.48%

SRG.AX

-1.28%

SBM.AX

-5.88%

SMR.AX

-3.96%

SDF.AX

SGP.AX

-3.08%

SKG.AX

-2.24%

SNZ.AX

-2.22%

SUN.AX

3.65%

SRL.AX

0.68%

SUL.AX

-1.37%

SLC.AX

-1.1%

SNL.AX

-1.58%

SYL.AX

-0.38%

TAH.AX

-3.17%

TEA.AX

-4.59%

TNE.AX

-1.58%

TLX.AX

-6.5%

TLS.AX

1.05%

TPW.AX

-4.02%

A2M.AX

-1.63%

TLC.AX

-1.23%

SGR.AX

TWR.AX

0.32%

TPG.AX

0.26%

TCL.AX

0.88%

TWE.AX

-1.15%

TUA.AX

-0.98%

TGN.AX

5.41%

TCG.AX

-2.25%

USL.AX

-4.24%

UNI.AX

-3.56%

VAU.AX

-2.6%

VNT.AX

-0.7%

VCX.AX

-0.84%

VGN.AX

-2.5%

VMM.AX

-2.19%

VGL.AX

0.23%

VEA.AX

2.36%

VUL.AX

-5.2%

VSL.AX

-3.1%

VYS.AX

-2.55%

WA1.AX

-2.48%

WGN.AX

-1.2%

WAM.AX

-1.67%

WGB.AX

0.51%

WLE.AX

-0.77%

SOL.AX

-0.2%

WPR.AX

-1.33%

WQG.AX

-1.44%

WEB.AX

-0.28%

WBT.AX

-2.95%

WES.AX

-0.95%

WAF.AX

-1.29%

WGX.AX

-3.43%

WBC.AX

1.09%

WHF.AX

-0.42%

WHC.AX

-2.71%

WIA.AX

-3.23%

WTC.AX

-3.77%

WDS.AX

-0.18%

WOW.AX

0.1%

WOR.AX

-2.3%

XRO.AX

-2.53%

YAL.AX

-0.96%

ZIM.AX

-2.88%

ZIP.AX

-3.62%

POPULAR ETFs	Close($)	+/-	%
A200 ASX 200	147.36	-1.28	-0.86
SSO ASX Small Caps	14.39	-0.27	-1.84
IVV S&P 500	70.77	0.12	0.17
NDQ Nasdaq	59.24	-0.05	-0.08
F100 FTSE 100	15.01	-0.02	-0.13
ASIA Asia Tech	20.28	-0.25	-1.22
IEU Europe	96.00	-0.11	-0.11
IEM Emerging Markets	94.76	-0.78	-0.82
Gold Gold	55.49	-0.51	-0.91
ACDC Battery Tech	122.00	-2.31	-1.86

COMMODITIES	Close($)	-/+	%
Gold	4,347.32	31.6298	0.73
Silver	64.46	0.8832	1.39
Platinum	1,795.95	19.2731	1.08
Palladium	1,299.48	17.3938	1.36
Ice Brent Crude	104.32	-3.31	-3.08
CURRENCIES	Close($)	-/+	%
Australian Dollar	0.7168	0.0014	0.2
Euro	1.1596	-0.0014	-0.12
British Pound	1.3518	0.001	0.07
Canadian Dollar	1.3869	0.0039	0.28
New Zealand Dollar	0.5814	0.0017	0.29
Chinese Yuan	6.7080	0.0019	0.03
Japanese Yen	153.6200	-0.77	-0.5

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	-6.1%	156.25%	0.33 0.89
BGL	Bellevue Gold Limited	1.56	-3.42%	0.00%	0.91 2.00
BHP	Bhp Group Ltd	60.87	-4.05%	51.15%	39.30 68.77
FMG	Fortescue Ltd	16.67	-3.03%	-10.57%	16.57 23.38
NHC	New Hope Corporation Ltd	6.33	-1.25%	45.85%	3.77 6.49
WHC	Whitehaven Coal Limited	8.60	-2.71%	40.52%	5.94 9.90
NEM	Newmont Cdi	174.61	-1.81%	0.00%	117.17 190.91
NXG	Nexgen Ene Cdi	14.14	-4.07%	0.00%	11.40 20.47
SFR	Sandfire Resources Limited	21.26	-5.38%	71.59%	12.30 25.00

10 Top Gainers | <$500m

Code	Company	Last($)	% Chg
TGN	Tungsten Mining	0.39	5.41
MXT	Metrics Ma Units	1.84	4.26
IAG	Insurance Austra	8.14	4.23
SUN	Suncorp Grou	19.61	3.65
AUB	Aub Group	27.90	3.33
INA	Ingenia Communit	3.97	3.12
CGF	Challenger	10.23	2.92
QBE	Qbe Insurance Gr	22.68	2.86
FCL	Fineos Corporati	2.27	2.71
NAB	National Austral	38.72	2.65

10 Biggest Fallers | <$500m

Code	Company	Last($)	% Chg
DYL	Deep Yellow	1.42	-9.87
PDN	Paladin Energy	10.28	-9.59
GQG	Gqg Partners Cdi	1.10	-9.5
DVP	Develop Global	4.90	-8.75
LTR	Liontown	1.07	-8.55
BMN	Bannerman Energy	3.90	-8.24
CSC	Capstone Cdi	14.60	-8.12
FML	Focus Minerals L	2.19	-7.98
AIS	Aeris Resources	0.48	-7.77
PLS	Pls Group	4.52	-7.38

OPINION

Latest Market Matters Opinions

12/09/2026 10:04

First Up

The ASX 200 fell 2.9% last week, extending the month's decline to 3.7% - we did warn members that September is the historically weakest month of the year! For reference, the worst-performing September of the last decade was 2022, when bond yields also surged higher, and that year the index closed down 7.3%. Escalating tensions around the Strait of Hormuz have pushed oil above US$100/bbl, fuelling inflation concerns and driving many global bond yields to multi-decade highs, while weighing heavily on risk assets in the process. With 10 out of 11 sectors ending the week lower, there were few places to hide, with rate-sensitive stocks feeling the brunt of the selling.

11/09/2026 16:51

What Mattered Today

The ASX was looking for a floor today, and found something resembling one through midday. After four straight days of selling, the market opened under heavy pressure again, before buyers emerged through the afternoon to claw back some of the damage. The ASX 200 ultimately closed down 3% lower for the week and more than 4% lower for September. Importantly, today's late recovery means we did not finish on the lows, but the broader trend remains firmly to the downside.

ACTION

image description

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

ETF Friday: Four ETFs to consider if the ASX follows the 2022/2026 road map

Morning report 11/09/2026

Afternoon Report

The Match Out: ASX falls then finds support; Materials crater, Banks find their footing

Afternoon report 11/09/2026

Ask James ASK A QUESTION

Ask James

Question asked 12/09/2026

Bond yields and resources

Hi MM, Thanks for the great work. Sorry a few questions here. 1. On the macro, do you have a view as to where US bond yields might top out and also oil prices? 2. On copper exposure, thoughts on BHP vs RIO? And also on FFM as a Cu play. Thanks! Young

Ask James

Question asked 12/09/2026

GQG Partners (ASX: GQG)

Thoughts on GQG after lower FUM? Is this pricing overdone?

Featured podcasts Subscribe to podcasts

Weekly video update Subscribe to videos

Pulse Check Webinar: Portfolio positioning post the Budget 20/05/2026

MM Market Matters Portfolios

GO TO ALL PORFOLIOS

12.85% Active Growth Portfolio

9.71% Shawn’s Trade Ideas

9.67% Active Income Portfolio

18.98% International Equities Portfolio

4.78% Emerging Companies Portfolio

10.42% Core ETF Portfolio

12.85% Active Growth Portfolio 9.71% Shawn’s Trade Ideas 9.67% Active Income Portfolio 18.98% International Equities Portfolio 4.78% Emerging Companies Portfolio 10.42% 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 from inception to 30th July 2026

Latest View Points

VAP

OZR

MVB

ATEC

NAB

CNI

YETI US

DDR

HVN

BHP

RIO

FMG

Chart of the week

VanEck Semiconductor ETF (SMH US)

Aus. Investment blog Subscribe to blog

Why is Capstone Copper (ASX: CSC) down ~9%?

Capstone Copper (CSC) is trading ~9% lower as the "Cu Trade" unwinds after reports that the White House has not yet decided whether to impose tariffs on refined copper.

ASX:CSC 10/09/2026

Why GrainCorp (ASX: GNC) is down more than 5% today

GrainCorp is under pressure today after announcing a delay to Release 1 of GrainCorp’s SAP implementation until Q2 CY27.

ASX:GNC 10/09/2026

Morning Report

ETF Friday: Four ETFs to consider if the ASX follows the 2022/2026 road map

Morning report 11/09/2026

Afternoon Report

The Match Out: ASX falls then finds support; Materials crater, Banks find their footing

Afternoon report 11/09/2026

Ask James ASK A QUESTION

Ask James

Question asked 12/09/2026

Bond yields and resources

Ask James

Question asked 12/09/2026

GQG Partners (ASX: GQG)

Thoughts on GQG after lower FUM? Is this pricing overdone?

Latest View Points

VAP

OZR

MVB

ATEC

NAB

CNI

YETI US

DDR

HVN

BHP

RIO

FMG

Chart of the week

VanEck Semiconductor ETF (SMH US)

Aus. Investment blog Subscribe to blog

Why is Capstone Copper (ASX: CSC) down ~9%?

Capstone Copper (CSC) is trading ~9% lower as the "Cu Trade" unwinds after reports that the White House has not yet decided whether to impose tariffs on refined copper.

ASX:CSC 10/09/2026

Why GrainCorp (ASX: GNC) is down more than 5% today

GrainCorp is under pressure today after announcing a delay to Release 1 of GrainCorp’s SAP implementation until Q2 CY27.

ASX:GNC 10/09/2026

Opinion + Action