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ANALYSIS
OPINION
ACTION

ANALYSIS

Market Analysis

4DX.AX

18.86%

ABG.AX

5.08%

ASK.AX

2.88%

AGL.AX

-0.81%

A1M.AX

6.56%

AIZ.AX

-1.35%

AAI.AX

4.62%

ALK.AX

5.71%

A4N.AX

3.62%

ALQ.AX

0.68%

AMC.AX

0.99%

AOV.AX

4.09%

AMP.AX

1.59%

AEL.AX

-3.39%

ALD.AX

-0.83%

ANN.AX

2.88%

ANZ.AX

0.89%

APA.AX

-0.2%

ARU.AX

ARB.AX

2.12%

ARF.AX

0.63%

ARG.AX

0.34%

ALL.AX

0.58%

AYA.AX

6.22%

APZ.AX

-1.67%

ASX.AX

2.03%

ALX.AX

0.41%

AUB.AX

AIA.AX

1.03%

AMI.AX

5.26%

AZJ.AX

0.48%

ABB.AX

ASB.AX

2.55%

AAC.AX

AFI.AX

-0.46%

AUI.AX

1.39%

BOQ.AX

1.29%

BMN.AX

-1.11%

BCI.AX

1.45%

BPT.AX

-1.37%

BGA.AX

2.03%

BGL.AX

3.75%

BEN.AX

1.47%

BNZ.AX

-0.83%

BHP.AX

2.91%

BKI.AX

-2.2%

BC8.AX

4.55%

XYZ.AX

4.61%

BSL.AX

1.02%

BMC.AX

0.64%

BOE.AX

0.79%

BXB.AX

0.12%

BVS.AX

0.87%

BRE.AX

5.76%

BRG.AX

BGP.AX

BFL.AX

0.84%

BWP.AX

0.27%

CMM.AX

5.06%

CSC.AX

4.2%

CAR.AX

2.18%

CIN.AX

0.21%

CYL.AX

4.84%

CAT.AX

-0.88%

CWP.AX

-2.05%

CNI.AX

1.82%

CIP.AX

0.68%

COF.AX

1.1%

CHN.AX

7.04%

CGF.AX

0.8%

CIA.AX

-6.9%

CHI.AX

CHC.AX

4.78%

CLW.AX

0.58%

CQR.AX

1.07%

CQE.AX

2.02%

CNU.AX

C79.AX

1.49%

CVL.AX

2.37%

CU6.AX

2.47%

CWY.AX

0.44%

CBO.AX

1.23%

COH.AX

3.18%

CDA.AX

3.95%

COL.AX

0.93%

CKF.AX

3.28%

CBA.AX

2.24%

CPU.AX

1.14%

CEN.AX

3.32%

CXO.AX

7.27%

CCP.AX

2.73%

CMW.AX

3.53%

CSL.AX

-1%

CCL.AX

0.63%

DBI.AX

0.54%

DTL.AX

2.85%

DTR.AX

2.86%

DYL.AX

-1.56%

DRR.AX

-1.32%

DVP.AX

2.51%

DXS.AX

-5.4%

DXI.AX

0.42%

DDR.AX

1.27%

DGT.AX

-1.49%

DJW.AX

1.45%

DMP.AX

2.16%

DOW.AX

1.63%

DPM.AX

-0.18%

DRO.AX

6.27%

DUR.AX

2.82%

DNL.AX

0.27%

APE.AX

1.65%

EBO.AX

1.05%

EIQ.AX

6.72%

ELD.AX

0.91%

EOS.AX

16.18%

ELV.AX

4.37%

ELS.AX

20.22%

EHL.AX

0.47%

EMR.AX

5.71%

EDV.AX

0.7%

ERA.AX

EQR.AX

-4.17%

EUR.AX

5.43%

EVN.AX

4.21%

EVT.AX

3.97%

FCL.AX

4.9%

FFM.AX

5.15%

FPH.AX

0.39%

FPR.AX

1.43%

FBU.AX

1.16%

FLT.AX

8.22%

FML.AX

3.17%

FRS.AX

FMG.AX

2.43%

FRW.AX

FGX.AX

0.76%

FGG.AX

0.61%

GLN.AX

13.33%

GLF.AX

3.7%

GDG.AX

1.75%

GNE.AX

2.94%

GMD.AX

5.21%

GNP.AX

-5.38%

GMG.AX

2.92%

GPT.AX

0.41%

GQG.AX

-0.69%

GNG.AX

1.04%

GNC.AX

0.2%

GGP.AX

6.72%

GOZ.AX

1.39%

GCI.AX

GYG.AX

1.39%

GWA.AX

0.94%

HSN.AX

0.43%

HVN.AX

2.67%

HGH.AX

-3.59%

HM1.AX

0.71%

HLI.AX

-3.01%

HMC.AX

2.34%

HDN.AX

HUB.AX

0.13%

IEL.AX

-16.17%

IGO.AX

3.57%

ILU.AX

1.41%

IMD.AX

1.5%

IMR.AX

0.86%

IFT.AX

0.77%

INA.AX

0.26%

ING.AX

3.47%

IAG.AX

1.19%

IDX.AX

2.36%

IPG.AX

4.02%

IPX.AX

9.59%

IPH.AX

-0.79%

IRE.AX

2.04%

JHX.AX

3.13%

JBH.AX

1.17%

JDO.AX

12.23%

JMS.AX

-1.85%

KAR.AX

-2.25%

KLS.AX

5.14%

KCN.AX

3.75%

KKC.AX

-0.48%

GLS.AX

0.29%

LGF.AX

1.51%

L1G.AX

3.94%

LSF.AX

2.51%

LRV.AX

1.21%

LFS.AX

-0.55%

LLC.AX

-1.45%

LFG.AX

0.96%

360.AX

1.58%

LIC.AX

0.97%

LNW.AX

4.23%

LIN.AX

-0.65%

LTR.AX

3.86%

LOV.AX

2.7%

LYL.AX

7.08%

LYC.AX

1.27%

MA1.AX

MAF.AX

3.38%

MGH.AX

2.41%

MAH.AX

7.49%

MQG.AX

1.05%

MAQ.AX

3.48%

MAD.AX

0.12%

MFG.AX

0.12%

MAU.AX

0.26%

MMS.AX

-1.24%

MPL.AX

-0.21%

MP1.AX

5.36%

MCY.AX

4.63%

MEZ.AX

1.05%

MSB.AX

5.42%

MLX.AX

3.61%

MTS.AX

MEI.AX

2.86%

MOT.AX

-1.7%

MXT.AX

-0.52%

MFF.AX

0.41%

MIN.AX

3.76%

MI6.AX

3.68%

MIR.AX

1.67%

MGR.AX

0.6%

MND.AX

0.65%

MYS.AX

-0.22%

NAN.AX

-0.94%

NAB.AX

0.62%

NGI.AX

3.17%

NWL.AX

0.42%

NEU.AX

5.36%

NHC.AX

1.04%

NEM.AX

3.77%

NWS.AX

-0.21%

NXG.AX

2.79%

NXT.AX

1.74%

NHF.AX

-1.62%

NCK.AX

2.12%

NIC.AX

0.95%

NEC.AX

2.14%

NST.AX

3.35%

NWH.AX

2.01%

NUF.AX

3.45%

OCL.AX

0.96%

OML.AX

0.37%

OPH.AX

0.75%

OBM.AX

7.48%

ORI.AX

0.75%

ORG.AX

-0.18%

ORA.AX

1.56%

PDN.AX

1.34%

PNR.AX

3.09%

PPC.AX

0.29%

PPM.AX

0.91%

PRN.AX

2.43%

PPT.AX

1.34%

PCI.AX

-0.46%

PRU.AX

6.38%

PXA.AX

0.75%

PNI.AX

3.01%

PL8.AX

-0.71%

PLS.AX

2.54%

PGF.AX

0.34%

PNV.AX

-2.79%

PDI.AX

4.23%

PMV.AX

1.7%

PME.AX

1.6%

PWH.AX

0.75%

PYC.AX

-2.88%

QAN.AX

3.17%

QBE.AX

0.85%

QAL.AX

0.7%

QRI.AX

0.32%

QUB.AX

RMS.AX

3.54%

RHC.AX

0.24%

REA.AX

0.15%

RDX.AX

9.06%

REH.AX

1.47%

RF1.AX

0.59%

RPL.AX

1.15%

RG1.AX

0.43%

RGN.AX

-0.44%

REG.AX

1.39%

RRL.AX

4.26%

RWC.AX

0.32%

RMD.AX

-0.73%

RSG.AX

7.98%

SGLLV.AX

2.36%

RIC.AX

2.92%

RIO.AX

1.18%

RXL.AX

4.94%

RFF.AX

0.25%

RYM.AX

-2.09%

SFR.AX

3.42%

SMI.AX

7.69%

STO.AX

-0.51%

SCG.AX

2.96%

SEK.AX

4.99%

SHV.AX

0.77%

SRV.AX

11.56%

SSM.AX

SGH.AX

-0.56%

SHA.AX

1.4%

SIG.AX

2.8%

SLX.AX

1.98%

SGM.AX

3.59%

SDR.AX

6.71%

SKS.AX

3.41%

SIQ.AX

-0.87%

SHL.AX

3.72%

S32.AX

SX2.AX

1.79%

SXE.AX

-0.49%

SPK.AX

0.62%

SRG.AX

2.28%

SBM.AX

10.58%

SMR.AX

4.56%

SDF.AX

0.25%

SGP.AX

1.74%

SNZ.AX

SUN.AX

0.52%

SRL.AX

0.32%

SUL.AX

1.73%

SLC.AX

-3.34%

SNL.AX

1.11%

SYL.AX

-2.16%

TAH.AX

5.48%

TEA.AX

2.92%

TNE.AX

2.02%

TLX.AX

TLS.AX

-0.38%

TPW.AX

2.46%

A2M.AX

-1.1%

TLC.AX

1.12%

SGR.AX

TVN.AX

-3.28%

TWR.AX

TPG.AX

-1.76%

TCL.AX

3.03%

TWE.AX

-0.47%

TUA.AX

-0.96%

TCG.AX

-3.03%

TRA.AX

UNI.AX

2.57%

VAU.AX

3.7%

VNT.AX

0.65%

VCX.AX

0.4%

VGN.AX

6.15%

VGL.AX

-2.25%

VEA.AX

-1.85%

VUL.AX

9.62%

VSL.AX

1.83%

WA1.AX

1.83%

WGN.AX

-4.57%

WAM.AX

-0.32%

WGB.AX

-0.92%

WLE.AX

0.38%

SOL.AX

1.92%

WPR.AX

WQG.AX

0.53%

WEB.AX

2.76%

WBT.AX

-1.36%

WES.AX

1.67%

WAF.AX

7.82%

WGX.AX

5.34%

WBC.AX

0.22%

WHF.AX

0.83%

WHC.AX

0.34%

WIA.AX

3.3%

WC8.AX

3.74%

WTN.AX

WTC.AX

-0.99%

WDS.AX

0.03%

WOW.AX

0.83%

WOR.AX

0.62%

XRO.AX

0.91%

YAL.AX

-1.74%

ZIM.AX

1.06%

ZIP.AX

4.55%

POPULAR ETFs	Close($)	+/-	%
A200 ASX 200	146.10	2	1.39
SSO ASX Small Caps	16.02	0.21	1.33
IVV S&P 500	70.43	0.1	0.14
NDQ Nasdaq	62.22	0.4	0.65
F100 FTSE 100	14.83	-0.06	-0.4
ASIA Asia Tech	22.31	0.59	2.72
IEU Europe	101.33	0.28	0.28
IEM Emerging Markets	97.11	1.8	1.89
Gold Gold	57.64	1.31	2.33
ACDC Battery Tech	178.56	2.94	1.67

COMMODITIES	Close($)	-/+	%
Gold	4,587.06	95.1298	2.12
Silver	76.31	0.6784	0.9
Platinum	1,934.01	11.26	0.59
Palladium	1,380.75	12.856	0.94
Ice Brent Crude	92.22	-1.49	-1.59
CURRENCIES	Close($)	-/+	%
Australian Dollar	0.7197	0.0034	0.47
Euro	1.1673	0.0022	0.19
British Pound	1.3478	0.0035	0.26
Canadian Dollar	1.3779	-0.0001	-0.01
New Zealand Dollar	0.5991	0.0057	0.96
Chinese Yuan	6.7662	-0.0134	-0.2
Japanese Yen	159.1200	-0.11	-0.07

What We're Watching

ASX Resource stocks we own

Code	Company	Price($)	Today	1 Year Return	52 Week Range($)
A1M	Aic Mines Ltd	0.65	6.56%	79.41%	0.30 0.75
BGL	Bellevue Gold Ltd	1.52	3.75%	0.00%	0.78 2.00
BHP	Bhp Group Ltd	62.31	2.91%	57.48%	35.52 62.72
FMG	Fortescue Ltd	22.31	2.43%	40.06%	14.31 23.38
NHC	New Hope Corporation Ltd	5.84	1.04%	50.52%	3.63 6.14
WHC	Whitehaven Coal Ltd	8.75	0.34%	53.52%	5.31 9.90
NEM	Newmont Cdi	151.27	3.77%	0.00%	80.70 190.91
NXG	Nexgen Ene Cdi	15.85	2.79%	0.00%	9.23 20.47
SFR	Sandfire Resources Ltd	19.63	3.42%	63.34%	10.11 21.75

10 Top Gainers | <$500m

Code	Company	Last($)	% Chg
ELS	Elsight	7.61	20.22
4DX	4dmedical	3.97	18.86
EOS	Electro Optic Sy	11.13	16.18
GLN	Galan Lithium	0.51	13.33
JDO	Judo Capital Hol	1.56	12.23
SRV	Servcorp	6.95	11.56
SBM	St Barbara	0.58	10.58
VUL	Vulcan Energy	3.99	9.62
IPX	Iperionx	5.83	9.59
RDX	Redox	3.25	9.06

10 Biggest Fallers | <$500m

Code	Company	Last($)	% Chg
IEL	Idp Education	2.23	-16.17
CIA	Champion Iron	4.45	-6.9
DXS	Dexus	5.61	-5.4
GNP	Genusplus Group	9.50	-5.38
WGN	Wagners Holding	4.59	-4.57
EQR	Eq Resources	0.23	-4.17
HGH	Heartland Group	0.94	-3.59
AEL	Amplitude Energy	1.71	-3.39
SLC	Superloop	3.47	-3.34
TVN	Tivan	0.30	-3.28

OPINION

Latest Market Matters Opinions

29/05/2026 17:54

Broker Moves

• Joyce Rated New Outperform at Taylor Collison; PT A$7.04 • Tabcorp Raised to Buy at Morgans Financial Limited; PT A$1.07 • Shape Australia Raised to Buy at Morgans Financial Limited • Champion Iron Cut to Neutral at Jarden Securities; PT A$5 • ASX Raised to Overweight at Jarden Securities; PT A$55.30 • GrainCorp Raised to Neutral at Jarden Securities; PT A$5.40 • Eagers Cut to Neutral at Jarden Securities; PT A$23.90 • Virgin Australia Rated New Neutral at JPMorgan; PT A$2.85 • IDP Education Cut to Underperform at Macquarie; PT A$2.35 • HealthCo REIT Raised to Outperform at Macquarie • CSL Cut to Hold at Jefferies; PT A$108 • Aurum Resources Rated New Speculative Buy at Bell Potter • Dicker Data Raised to Overweight at Morgan Stanley; PT A$11

29/05/2026 17:53

What Mattered Today

The ASX 200 bounced back strongly today, recovering almost all of yesterday’s losses as reports of a tentative 60-day ceasefire extension between the US and Iran sparked a broad risk-on rally. Falling oil prices, easing inflation concerns and lower bond yields fuelled buying across the market, with Materials, Technology and Real Estate leading gains while Energy lagged as crude slipped to five-week lows.

ACTION

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Market Matters Content

ETF Friday: Four ASX-listed ESG-focused ETFs as interest piques

Morning report 29/05/2026

Afternoon Report

The Match Out: ASX surges as ceasefire sparks a broad peace dividend rally

Afternoon report 29/05/2026

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 29/05/2026

How exposed are Mirvac Group (ASX: MGR) to property weakness?

Hi MM, I have heard concerns from more than one expert/commentator now (including in person), about the potential for upcoming housing market/property weakness (at least in relative terms), and how MGR (and SGP) are potentially more exposed to this than other REITS (and many other sectors). Conversely, you have been quite bullish on MGR of late at current levels – including stating that they “should benefit from the budgets push for new home builds” and that you like the risk/reward at current levels. Do you share to any degree the concerns by other commentators of the kind I have mentioned and remain bullish on MGR nonetheless? Do you disagree with these concerns or see them as already in the price? I am interested primarily in MGR but would also welcome your views on SGP. Thanks, Darren

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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 25/05/2026