MM are selling MFG in the Active Income & Growth Portfolios, taking profit & increasing cash around $9.60

08/01/2024

MM are selling MFG in the Active Income & Growth Portfolios, taking profit & increasing cash around $9.60

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Latest Reports

Afternoon report 16/06/2026

The Match Out: ASX bounces back to close flat, RBA holds at 4.35%

The ASX200 put on a fighting performance today, gapping down ~80pts on the open but recovering every last point of the deficit to finish mildly higher. The key news for the day was the Reserve Bank leaving the cash rate unchanged at 4.35%, pausing after three consecutive hikes this year.

Morning report 16/06/2026

What Matters Today: SpaceX Disruption: Is the Market Right to Fear for Telcos?

The ASX 200 rallied another +1.3% on Monday, following reports that the US and Iran have agreed on the terms of a peace deal. The index extended its advance for June to more than +2%, taking it back within ~3% of its February all-time high, ironically just before the US-Iran conflict erupted. Gains were fairly broad-based, with 70% of the main board advancing.