The Weekend Q&A: New 5-month highs for the ASX200 and it’s still pushing

The local index enjoyed another strong week as we approach the end of November, the ASX200 finally closed up just over 100 points courtesy of solid performances from the banks, energy, insurance, and major miners. In a comparatively uneventful 5 days, the two areas that caught our attention were both on the wrong side of the ledger, the previously high-flying coal, and ESG names, which are ironically diametrically opposed when it comes to the environment. We like both sectors into weakness which is illustrated by our recent purchases of WHC & NHC but as some performance reversion creeps into the market we can’t discount this recent downside trend having more legs, especially in the crowded ESG stocks:

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Latest Reports

Afternoon report 17/04/2025 16:46

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Morning report 17/04/2025 09:38

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Afternoon report 16/04/2025 17:42

The Match Out: ASX climbs then fades, BOQ impresses on margins

The ASX200 tried hard to rally throughout the session shrugging off early weakness in S&P500 futures as tech giant Nvidia announced new licensing requirements for US chipmakers exporting to China could cost the firm $US8bn a quarter causing the stock to trade down ~6% in after-hours trade.

Morning report 16/04/2025 09:54

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Afternoon report 15/04/2025 17:03

The Match Out: Banks follow U.S peers up early, ASX runs out of steam late

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Morning report 15/04/2025 11:16

What Matters Today: Can the Australian “Big Banks” deliver like their US peers?

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Afternoon report 14/04/2025 17:07

The Match Out: Sellers dwindle, ASX moves higher on tariff optimism

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Morning report 14/04/2025 09:46

Macro Monday: Trump blinks first in tariff war against China

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Weekend report 12/04/2025 10:05

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Afternoon report 11/04/2025 16:59

The Match Out: ASX gaps down, surges to close on intra-day high

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