Western Areas (WSA)

21/09/2021

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Weekend report 09/08/2025

Weekend Q&A: The Bull remains intact as the ASX posts new highs, breaking above 8800

The ASX200 slipped lower on Friday but still managed to snap a two-week losing streak. The index finished up +1.7% over the five days, driven by strong gains by miners and rate-sensitive names. On the sector level, only healthcare retreated courtesy of renewed tariff jitters while the Materials sector surged over 5% higher, led by gold, rare earth and lithium stocks. A more than 30c gain by BHP in the US on Friday nights suggests there's more in this move. The extent of the gains in miners saw a number of the best performers outperform IRESS (IRE), and it received a takeover bid!

Afternoon report 08/08/2025

The Match Out: Another good week for the ASX as reporting builds momentum

The ASX finished the week sluggishly as the market took its foot off the gas with US tariffs on ~90 trading partners becoming effective yesterday. Despite the tremors, the index still managed to gain 1.7% over the period and is within striking distance of fresh all-time highs