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

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ANALYSIS

Market Analysis

29M.AX

-1.28%

4DX.AX

7.39%

ABG.AX

1.85%

ASK.AX

-0.37%

A1G.AX

0.5%

AGL.AX

-0.41%

AIZ.AX

-3.25%

AAI.AX

0.83%

ALK.AX

2.51%

A4N.AX

-4.07%

ALQ.AX

0.2%

AMC.AX

-1.55%

AOV.AX

-1.09%

AMP.AX

2.86%

AEL.AX

-2.37%

ALD.AX

-0.84%

ANN.AX

0.51%

ANZ.AX

0.31%

APA.AX

0.25%

ARU.AX

-7.94%

ARB.AX

-0.46%

ARF.AX

0%

ARG.AX

-0.34%

ALL.AX

0.34%

AYA.AX

1.9%

APZ.AX

-0.2%

ASX.AX

1.24%

ALX.AX

0.12%

AUB.AX

0.17%

AIA.AX

-0.15%

AZJ.AX

0.6%

AUC.AX

-2.02%

ABB.AX

0.8%

ASB.AX

-0.43%

AAC.AX

-1.13%

AEF.AX

-0.97%

AFG.AX

0.27%

AFI.AX

-1.19%

AUI.AX

-1.98%

ASG.AX

-2.07%

BOQ.AX

0.14%

BMN.AX

-0.13%

BCI.AX

1.28%

BPT.AX

-1.42%

BGA.AX

-1.29%

BGL.AX

-3.07%

BEN.AX

0.97%

BNZ.AX

0%

BHP.AX

-0.82%

BKI.AX

0%

BC8.AX

2.11%

XYZ.AX

0.26%

BSL.AX

2.18%

BOE.AX

1.83%

BXB.AX

-1.79%

BVS.AX

0.38%

BRE.AX

-0.23%

BRG.AX

-0.21%

BGP.AX

-0.5%

BFL.AX

0%

BWP.AX

1.89%

CMM.AX

0.41%

CSC.AX

0.17%

CAR.AX

-0.28%

CIN.AX

0%

CYL.AX

-2.44%

CAT.AX

-1.41%

CWP.AX

-0.96%

CNI.AX

1.46%

CIP.AX

0.17%

COF.AX

-0.53%

CHN.AX

-2.62%

CGF.AX

-2.44%

CIA.AX

-5.79%

CHI.AX

-2.38%

CHC.AX

0.8%

CLW.AX

0%

CQR.AX

-0.67%

CQE.AX

0.38%

CNU.AX

-0.63%

C79.AX

3.41%

CVL.AX

-1.54%

CU6.AX

1.75%

CWY.AX

-1.05%

CBO.AX

0.71%

COH.AX

-0.39%

CDA.AX

-2.22%

COL.AX

0.34%

CKF.AX

0.46%

CBA.AX

0.1%

CPU.AX

0.05%

CEN.AX

0%

CXO.AX

1.75%

CRN.AX

-4.35%

CCP.AX

0.77%

CMW.AX

-0.64%

CSL.AX

-0.93%

CCL.AX

2.88%

DBI.AX

0.87%

DTL.AX

-0.74%

DTR.AX

-1.15%

DYL.AX

-0.14%

DRR.AX

-2.23%

DVP.AX

1.27%

DXS.AX

1.1%

DXI.AX

1.29%

DDR.AX

-1.26%

DGT.AX

0.27%

DUI.AX

-1.36%

DJW.AX

-0.69%

DMP.AX

-0.84%

DOW.AX

-0.43%

DPM.AX

-1.68%

DRO.AX

-0.86%

DUR.AX

-1.44%

DNL.AX

-1.51%

APE.AX

-1.02%

EBO.AX

-2.8%

EIQ.AX

-0.56%

ELD.AX

-1.3%

EOS.AX

-1.59%

ELV.AX

-3.77%

ELS.AX

-6.36%

EHL.AX

-1.56%

EMR.AX

-0.72%

EDV.AX

-0.76%

ERA.AX

14.29%

EQR.AX

-3.57%

EQT.AX

1.06%

EVN.AX

-1.9%

EVT.AX

0.11%

FCL.AX

2.16%

FFM.AX

2.23%

FPH.AX

-0.78%

FPR.AX

0%

FBU.AX

-1.96%

FLT.AX

-0.83%

FML.AX

0.75%

FRS.AX

4.17%

FMG.AX

-1.9%

FRW.AX

-0.93%

FGX.AX

0.74%

FGG.AX

1.27%

GLN.AX

0%

GLF.AX

-0.69%

GDG.AX

-0.95%

GNE.AX

1.67%

GMD.AX

0.23%

GTK.AX

-3.4%

GNP.AX

1.77%

GMG.AX

0.68%

GPT.AX

0.22%

GQG.AX

0.28%

GNG.AX

-1.67%

GNC.AX

-1.49%

GGP.AX

0.48%

GOZ.AX

0.47%

GCI.AX

0%

GYG.AX

0.1%

GWA.AX

-1.39%

HSN.AX

-2.14%

HVN.AX

-3.12%

HGH.AX

1.04%

HM1.AX

-0.69%

HLI.AX

0.74%

HMC.AX

-1.27%

HDN.AX

0.62%

HUB.AX

0.1%

IEL.AX

1.01%

IGO.AX

-0.43%

ILU.AX

-0.34%

IMD.AX

-2.26%

IMR.AX

0%

IFT.AX

0.45%

INA.AX

-0.86%

ING.AX

0.49%

IFL.AX

0.1%

IAG.AX

0.35%

IDX.AX

-0.44%

IPG.AX

1.44%

IPX.AX

1.13%

IPH.AX

1.18%

IRE.AX

-1.01%

JHX.AX

0.42%

JBH.AX

-1.52%

JDO.AX

1.53%

JIN.AX

-0.61%

JMS.AX

-1.79%

KAR.AX

-0.25%

KLS.AX

-1.83%

KCN.AX

3.28%

KKC.AX

0.5%

GLS.AX

1.11%

L1G.AX

-3.07%

LSF.AX

0%

LRV.AX

1.24%

LFS.AX

0%

LLC.AX

-0.94%

LFG.AX

-0.29%

360.AX

-3.28%

LIC.AX

-0.65%

LNW.AX

-0.5%

LIN.AX

-0.82%

LTR.AX

0.52%

LOV.AX

0.65%

LYL.AX

-1.46%

LYC.AX

-0.71%

MA1.AX

-0.51%

MAF.AX

-0.41%

MGH.AX

0.71%

MAH.AX

0.29%

MQG.AX

0.26%

MAQ.AX

-0.96%

MAD.AX

-3.39%

MFG.AX

0.64%

MAU.AX

0.77%

MMS.AX

-1.35%

MPL.AX

1.01%

MP1.AX

-2.12%

MCY.AX

1.53%

MEZ.AX

-1.51%

MSB.AX

4.68%

MLX.AX

0.69%

MTS.AX

-1.63%

MOT.AX

-0.29%

MXT.AX

0.26%

MFF.AX

-0.42%

MIN.AX

-0.72%

MI6.AX

2.68%

MIR.AX

1.15%

MGR.AX

-0.15%

MND.AX

-1.32%

MYS.AX

0.65%

NAN.AX

1.09%

NAB.AX

0.04%

NSR.AX

-0.18%

NGI.AX

-1.4%

NWL.AX

1.41%

NEU.AX

-0.76%

NHC.AX

-3.48%

NMG.AX

-1.02%

NEM.AX

-0.81%

NWS.AX

-1.3%

NXG.AX

-1.99%

NXT.AX

-1.16%

NHF.AX

0.77%

NCK.AX

0.62%

NIC.AX

-1.03%

NEC.AX

-0.98%

NST.AX

0.37%

NWH.AX

1.17%

NUF.AX

-2.78%

OCL.AX

-2.88%

OBL.AX

5.9%

OML.AX

-0.79%

OPH.AX

0%

OBM.AX

-2.03%

ORI.AX

0.02%

ORG.AX

-0.28%

ORA.AX

-7.56%

PDN.AX

2.11%

PNR.AX

-0.9%

PPC.AX

-1.17%

PPM.AX

-4.69%

PRN.AX

1.71%

PPT.AX

-2.61%

PCI.AX

0.7%

PRU.AX

1.7%

PXA.AX

-2.5%

PNI.AX

1.47%

PL8.AX

1.12%

PLS.AX

0.66%

PGF.AX

1.37%

PNV.AX

2.13%

PDI.AX

-3.68%

PMV.AX

-0.58%

PME.AX

-0.27%

PFP.AX

-2.26%

PWH.AX

-1.65%

PYC.AX

4.48%

QAN.AX

0.88%

QBE.AX

-0.66%

QAL.AX

0.4%

QRI.AX

0.65%

QUB.AX

-0.1%

RMS.AX

-2.33%

RHC.AX

-1.36%

REA.AX

-0.9%

RDX.AX

1.51%

REH.AX

-3.15%

RF1.AX

-0.58%

RPL.AX

-0.78%

RG1.AX

2.63%

RGN.AX

0.88%

REG.AX

-2.07%

RRL.AX

-0.87%

RWC.AX

0.64%

RMD.AX

-1.19%

RSG.AX

0%

SGLLV.AX

-1.08%

RIC.AX

-1.09%

RIO.AX

-0.06%

RXR.AX

-2.96%

RXL.AX

0.54%

RFF.AX

0.25%

RYM.AX

0%

SFR.AX

-0.34%

SMI.AX

-4.32%

STO.AX

-1.01%

SCG.AX

0.43%

SEK.AX

-2.06%

SHV.AX

-1.88%

SRV.AX

-0.15%

SSM.AX

1.26%

SGH.AX

-1.34%

SHA.AX

1.88%

SIG.AX

0.74%

SLX.AX

0.18%

SGM.AX

-1.03%

SDR.AX

-0.51%

SKS.AX

4.78%

SKC.AX

0.87%

SIQ.AX

-0.34%

SHL.AX

-0.45%

S32.AX

0.76%

SX2.AX

2.76%

SXE.AX

2.53%

SPK.AX

-0.83%

SRG.AX

-0.18%

SBM.AX

0.35%

SMR.AX

-4.34%

SDF.AX

-0.82%

SGP.AX

0.25%

STK.AX

2.17%

SNZ.AX

-2.76%

SUN.AX

0.75%

SRL.AX

2.95%

SUL.AX

-4.51%

SLC.AX

-0.77%

SNL.AX

0.11%

SYL.AX

-3.51%

TAH.AX

0.26%

TEA.AX

0.84%

TNE.AX

-1.56%

TLX.AX

5.39%

TLS.AX

0%

TPW.AX

-4.32%

A2M.AX

-0.43%

TLC.AX

0.45%

SGR.AX

-2.08%

TVN.AX

11.63%

TWR.AX

-0.63%

TPG.AX

2.68%

TCL.AX

-2.4%

TWE.AX

-0.13%

TUA.AX

-0.59%

TCG.AX

2.8%

TRA.AX

0%

UNI.AX

0%

VAU.AX

0.54%

VNT.AX

-0.29%

VCX.AX

2.62%

VGN.AX

-0.6%

VEA.AX

-0.4%

VUL.AX

-2.53%

VSL.AX

-1.76%

WA1.AX

-2.71%

WGN.AX

1.25%

WAM.AX

2.59%

WGB.AX

-1.09%

WLE.AX

-0.71%

SOL.AX

-1.22%

WPR.AX

0.63%

WEB.AX

-2.75%

WBT.AX

1.88%

WES.AX

-0.33%

WAF.AX

1.36%

WGX.AX

-0.67%

WBC.AX

0.35%

WHF.AX

0.2%

WHC.AX

-4.47%

WIA.AX

-2.15%

WC8.AX

-0.65%

WTC.AX

-1.89%

WDS.AX

-0.51%

WOW.AX

-1.18%

WOR.AX

-0.08%

XRO.AX

-2.6%

YAL.AX

-3.09%

ZIM.AX

-0.56%

ZIP.AX

2.09%

POPULAR ETFs Close($) +/- %
A200

ASX 200

149.50

-0.3

-0.2

SSO

ASX Small Caps

15.85

-0.05

-0.31

IVV

S&P 500

64.29

0.22

0.34

NDQ

Nasdaq

52.40

0.3

0.58

F100

FTSE 100

15.19

-0.1

-0.65

ASIA

Asia Tech

15.91

0.34

2.18

IEU

Europe

99.95

0.04

0.04

IEM

Emerging Markets

86.53

0.82

0.96

Gold

Gold

61.70

0.2

0.33

ACDC

Battery Tech

154.11

0.34

0.22

COMMODITIES Close($) -/+ %
Gold

4,759.74

-3.8835

-0.08

Silver

75.94

0.8665

1.15

Platinum

2,062.72

-40.3193

-1.92

Palladium

1,546.75

-10.6466

-0.68

Ice Brent Crude

96.41

1.66

1.75

CURRENCIES Close($) -/+ %
Australian Dollar

0.7067

-0.0012

-0.17

Euro

1.1688

-0.0011

-0.09

British Pound

1.3416

-0.0017

-0.13

Canadian Dollar

1.3824

0.001

0.07

New Zealand Dollar

0.5845

-0.0014

-0.24

Chinese Yuan

6.8308

-0.0006

-0.01

Japanese Yen

159.2000

0.28

0.18

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What We're Watching

ASX Resource stocks we own
Code Company Price($) Today 1 Year Return 52 Week Range($)
A1M  

Aic Mines Ltd

0.57

-3.42%

108.93%

0.29

0.75

BGL  

Bellevue Gold Ltd

1.81

-3.07%

62.45%

0.78

2.00

BHP  

Bhp Group Ltd

54.12

-0.81%

59.72%

34.73

59.39

FMG  

Fortescue Ltd

20.13

-1.95%

44.58%

14.31

23.38

NHC  

New Hope Corporation Ltd

5.13

-3.57%

52.87%

3.54

6.14

WHC  

Whitehaven Coal Ltd

8.02

-4.41%

81.21%

4.61

9.90

NEM  

Newmont Cdi

167.29

-0.85%

0.00%

74.25

190.91

NXG  

Nexgen Ene Cdi

16.29

-1.99%

0.00%

6.92

20.47

SFR  

Sandfire Resources Ltd

17.34

-0.43%

113.62%

8.81

21.75

10 Biggest Fallers | <$500m

Code Company Last($) % Chg
ARU

Arafura Rare Ear

0.29

-7.94

ORA

Orora

1.50

-7.56

ELS

Elsight

6.63

-6.36

CIA

Champion Iron

5.13

-5.79

PPM

Pepper Money

1.78

-4.69

SUL

Super Retail Gro

12.50

-4.51

WHC

Whitehaven Coal

8.02

-4.47

CRN

Coronado Global

0.33

-4.35

SMR

Stanmore Resourc

2.54

-4.34

TPW

Temple & Webster

7.21

-4.32

OPINION

Latest Market Matters Opinions

The Bottom Line

The AI Trade is alive and well but at MM we feel it’s also time to fade the move in the “Disruption Trade”:

Read more

iShares Expanded Tech-Software Sector ETF (IGV US) $US76.64

MM has been closely monitoring the IGV ETF in recent months, with global software stocks tracking the MM roadmap perfectly through 2026. This morning it printed fresh 2026 lows—something we flagged several months ago. This week’s bout of “AI Disruption” fears have undone all of the recovery through February and March when bargain hunters first entered the fray.

Read more
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