Wednesday 9th April - ASX down -74pts, PNV & RPL

09/04/2025

Wednesday 9th April – ASX down -74pts, PNV & RPL

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Afternoon report 24/06/2025

The Match Out: ASX rallies on ceasefire, Tech, Resources & IPO’s – it’s all back on!

A strong rebound for the ASX following news of a ceasefire overnight, though it seems missiles continued to fly today, and while it knocked the ASX off its morning high, the concern was short lived.

Morning report 24/06/2025

What Matters Today: Are property stocks set to rise as Auction Clearance rates hit a 1-year high?

The ASX200 was trading down almost 1% at midday on Monday before buyers returned, trimming over half of the morning's losses. The song remains the same, with buyers of weakness emerging, and again, banks led the way, e.g. Commonwealth Bank (CBA) +1%, and Westpac (WBC) +0.6%. Considering the geopolitical backdrop, Monday's 0.4% pullback was a stoic performance, which, in our opinion, illustrates that many investors, across the whole spectrum, have been caught underweight in stocks following the market's aggressive post “Liberation Day” V-shaped recovery.