Tuesday 16th July - ASX down -17pts, Carsales (CAR) & Rio Tinto (RIO) - Market Matters

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16/07/2024

Tuesday 16th July – ASX down -17pts, Carsales (CAR) & Rio Tinto (RIO)

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Latest Reports

Morning report 21/08/2025

What Matters Today: Three potential landmines to report next week

The ASX200 closed up +0.25% on Wednesday, which was impressive considering James Hardie (JHX) was thumped ~28%, and CSL extended Tuesday's decline by another 2.1%.

Afternoon report 20/08/2025

The Match Out: Banks do it again, drive ASX up, JHX hit on soft FY26 outlook

The ASX opened weaker but staged a sharp 77-point rally through midday, before easing back in the afternoon as US futures turned lower. Heavy selling in James Hardie and ongoing pressure on CSL weighed on materials and healthcare though strength in the Big Four banks, all up 1-4% more than offset weakness.

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