MM are selling SSG in the Emerging Companies Portfolio, taking a profit around $1.13

31/01/2022

MM are selling SSG in the Emerging Companies Portfolio, taking a profit around $1.13

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Weekend report 02/05/2026

Weekend Q&A: ASX starts May on the front foot

The ASX200 ended its 8-day losing streak on Friday with a solid +0.7% advance, although it promised more early on before the “Big Four Banks” reversed lower. It felt worse, but come the closing bell on Friday, the index was only down 0.6% for the week, although compared to the strong gains in the US, it was a clear disappointment. It was the big end of town that reined in the market last week, with the banks and heavyweight miners retreating. Next Wednesday, we see the RBA step up on interest rates, with credit markets pricing in a ~74% probability of a 0.25% hike, while on the following Tuesday, we will receive the Federal Budget- there’s no rest for the wicked in May!

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