MM can see another 10% downside in CXO

21/06/2022

MM can see another 10% downside in CXO

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Morning report 08/05/2026

ETF Friday: Four ASX ETFs that could attract the next wave of buying as investors look for value

The ASX200 delivered a second consecutive strong day, extending the weeks recovery from Tuesdays low to more than 3%. The gains were again spearheaded by the miners, on the back of stronger metal prices, with BHP Group (ASX:BHP) and Rio Tinto (ASX:RIO) on their own contributing 50% of the index’s move. The advance was more broad based than on Wednesday with over 70% of the main board closing higher.

Afternoon report 07/05/2026

The Match Out: ASX rallies in back-to-back sessions as Miners push toward all-time highs

The ASX pushed higher today, building on strength from yesterday’s rally as sentiment around a potential US-Iran improved materially overnight. The prospect of the Strait of Hormuz reopening saw oil prices fall sharply, easing inflation concerns and spurring on risk appetite.