MM has turned neutral towards the ASX - Market Matters

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30/05/2024

MM has turned neutral towards the ASX

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Latest Reports

Morning report 13/05/2026

Portfolio Positioning: Let’s get back to our knitting now the budget is behind us

The ASX 200 retreated 0.4% on Tuesday, ahead of the Albanese - Chalmers budget which had mostly been leaked. On the stock/sector level the story pretty much remained the same, with over 65% of the main board retreating and the miners unable to support the fragile ASX.

Afternoon report 12/05/2026

The Match Out: ASX softer ahead of the Budget, BHP hits record, tech sold off

The ASX was weaker today, with the market unable to follow a stronger offshore lead as investors turned more cautious ahead of tonight’s Federal Budget. Lots of leaks in recent days and suffice to say, this will be one of the more important budgets in recent memory with the ALP fiddling with capital gains tax.

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