Xero Ltd

10/11/2023

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Afternoon report 22/05/2026

The Match Out: Copper upgrades carry the ASX to a positive week (just)!

The ASX edged higher to close out a mildly positive week, helped by improving reports on the Middle East and softening expectations for Australian interest rates. Miners and Energy stocks led the line today, though it’s been a particularly volatile week, with several triple digit moves, even though we’ve ended only +0.3% above where we started.

Morning report 22/05/2026

ETF Friday: Four ASX ETFs that could shine if the RBA doesn’t hike again in 2026

The ASX200’s roller coaster ride through May continued on Thursday with a strong +1.5% bounce as hopes increased that a deal to resolve the conflict in the Middle East was approaching. Unfortunately, we’ve heard it all before. Let's hope it will eventually come to fruition, but in the meantime, 3-weeks into May and triple-digit moves have become commonplace, even though the index is down just 0.5% for the month.