What Matters Today: ETF Friday focuses on Fixed Income ETFs

The ASX 200 closed marginally higher on Thursday, and as we enter the last trading day of May, the index is up +3.5% with only the utilities sector dragging the chain. Although it’s been a stellar month, yesterday’s performance was a touch disappointing considering the global tailwinds.

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Afternoon report 02/07/2025 16:59

The Match Out: ASX knocks on all-time high, Domino’s dusted!

Some volatility on the stock level hit today, with Dominos whacked as the new CEO resigns, Helius lost another big customer and fell ~20% while UBS scattered a couple of Tom Thumbs in the wealth/funds management sector, taking a more favorable stance – a topic we’ll look at tomorrow morning. By the close, the market was back testing 8600, some 80 points above the midday low, and the bullish vibe has now hit July!

Alerts 02/07/2025 15:25

Trade Alert – International Equities Portfolio

We are trimming an international stock after a strong run

Income Report: Asset allocation framework when targeting income

Morning report 02/07/2025 09:55

Portfolio Positioning: MM is looking to “tweak” portfolios into FY26

The ASX200 has started July in subdued fashion, remaining unchanged after its first two trading sessions. As would be expected after a quiet start to the week and month, news was thin on the ground, but we did see some action starting to unfold on the stock level.

Afternoon report 01/07/2025 16:58

The Match Out: A flat start to FY26 for Aussie stocks

A lacklustre first trading session of FY26 with the index trying to push higher early but faltering before the closing bell. All those itching to sell CBA can now do so without paying tax for a while prompting some re-allocation amongst the banks - ANZ the standout today up +2.5% while CBA fell by 1.2%. It was fairly quiet elsewhere.

Morning report 01/07/2025 09:28

What Matters Today: Looking in the rearview mirror & through the windscreen into FY26

A slightly shorter report today as we take a deep breath after our busiest day of the year. As the saying goes, there are two certainties in life: “death and taxes”. At MM, we see it big time with investors taking out subscriptions ahead of the EOFY, a great win-win in our opinion.

Afternoon report 30/06/2025 17:22

The Match Out: ASX finishes FY25 up +9.98%, James Hardie (JHX) rallies on takeover approval

A solid final trading session for the financial year was underpinned by strength in the banks early after their U.S counterparts passed financial regulator stress testing with flying colours overnight, though it wasn’t to last with the move reversing through the session.

Morning report 30/06/2025 09:47

Macro Monday: Should we chase stocks into fresh all-time highs?

The most recognised equity index in the world, the US S&P 500, posted new all-time highs on Friday, leaving many fund managers and retail investors apprehensive about chasing the rally into the second half of 2025.

Weekend report 28/06/2025 09:07

Weekend Q&A: The ASX is knocking on the door of all-time highs, with one day to go

The ASX200 finished the week up just +0.1% after Friday's sharp, almost 100-point reversal lower from early highs, led by the banks, taking the index back towards the 8500 level. However, under the hood, not everyone danced as one, with eight of the mainboards' eleven sectors retreating, led by energy and utilities, while the advances by the heavyweight financial and resources were enough to ensure the index closed positive, albeit just:

Afternoon report 27/06/2025 17:10

The Match Out: ASX fades through the day as commodities rip, banks stall

The day kicked off with a promising +50pt open though it was short-lived as a steady rotation from the banks to resources swept through the market after a supposed resolution to US-China trade negotiations was reached triggering a –90pt swing from start to finish as we closed at the low of the day.

Morning report 27/06/2025 12:20

ETF Friday: The lowdown on Leveraged ETF’s

The ASX 200 experienced another quiet session on Thursday as the market followed the choppy consolidation, with an upside bias, that we expected at the start of the month.