Tuesday 13th August - ASX +8pts, Seek (SEK), CSL & Orora (ORA)

13/08/2024

Tuesday 13th August – ASX +8pts, Seek (SEK), CSL & Orora (ORA)

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Latest Reports

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.

Morning report 20/08/2025

Portfolio Positioning: CSL hogs the limelight as reporting season gathers momentum

The ASX200 fell 0.7% on Tuesday, with healthcare behemoth CSL inflicting all of the damage to the index; more stocks finished the session up on the day! However, when the market's third-largest company by market capitalisation at the start of the day tumbled almost 17% to end the day as the fifth-largest, it inevitably had a meaningful impact on the underlying index. To paint a clear picture, the ASX200 closed down 63 points, with CSL contributing 65 points on the negative side of the ledger - more on CSL later.