Perenti Group (PRN)

22/01/2024

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Morning report 20/05/2026

Portfolio Positioning: Equity markets steady ahead of Nvidia’s (NYSE: NVDA) earnings

The ASX enjoyed a strong session on Tuesday, rallying +1.2% with exactly 75% of the main board finishing in positive territory. Consumer staples led the charge, with the major supermarkets bouncing strongly—Woolworths (ASX: WOW) gained +3.7%, while Metcash (ASX: MTS) and Coles Group (ASX: COL) both climbed +2.7%. However, from an index perspective, the rebound in the “Big Four Banks” did most of the heavy lifting, with CBA, Westpac and NAB accounting for more than a quarter of the ASX200’s gain, although insurers again outperformed on a percentage basis.

Afternoon report 19/05/2026

The Match Out: ASX bounces as the Middle East tone softens and buyers return

The ASX bounced strongly today, recovering most of yesterday’s selloff as oil prices pulled back and fears of an imminent escalation in the Middle East eased slightly. A modest improvement in the tone around negotiations was enough to spark a rebound in risk appetite with the market opening firmer and consolidating through the session.