Wesfarmers (WES)

20/02/2025

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Afternoon report 21/04/2026

The Match Out: ASX treads water, HUB misses on flows

The ASX traded in a choppy, rotational session today with the market remaining in limbo, waiting for more news on a deal between the US and Iran. Rather than a broad risk-off move, the local bourse largely shuffled capital between sectors as traders repositioned portfolios for what a “post-conflict” environment might look like, with some recent winners - financials and energy seeing profit-taking, while technology attracted renewed buying.

Morning report 21/04/2026

What Matters Today: NextDC Raises $1.1 Billion — Why are ASX Data Centre Stocks soft as demand surges?

The ASX200 clawed back early losses to finish marginally higher on Monday, up just 0.1%, after the Strait of Hormuz was effectively shut again almost as quickly as it had reopened. Another session where the market held its ground despite the weekend's escalation in Gulf tensions, and another reminder that investors have largely stopped reacting to each new headline with fresh conviction. The net result was more of the same: headline fatigue is well and truly setting in.