The RBA holds the Cash Rtae at 3.60% leaving markets nervous as to its next move
The RBA leave the cash rate at 3.6% but bond yields continue to rise.
Copper stocks surge to fresh highs
Copper surges to new highs as the electrification story gathers momentum.
Bendigo Bank (BEN) leads the Banking Sector lower
Bendigo Bank falls ~8% as review finds deficiencies with its approach to money laundering & terror financing risk.
Why is Technology One (TNE) down ~14%!
Technology One shares drop the most since 2019 after the application software firm reported missed FY25 revenue expectations
Why is DroneShield (DRO) crashing 30%!
DroneShield Ltd.’s stock plummeted after Chief Executive Officer Oleg Vornik divested A$49.5 million in shares of the Australian defense company.
Why is Commonwealth Bank (CBA) down $10!
Commonwealth Bank of Australia shares drop over 4%, the most since Aug. 13, after the lender said its headline net interest margin narrowed in the first quarter due to the mix effects of strong growth in lower yielding liquid assets.
Why is James Hardie (JHX) down 15%?
James Hardie Industries (JHX) is a global building materials company best known for its fibre cement products used in residential and commercial construction. It operates across the U.S., Europe, and Asia, supplying durable, low-maintenance cladding, siding, and related building solutions.
Westpac (WBC) tests its all-time high following a solid FY25 Report
Westpac reignites buying in the ASX banks.
Westgold Resources (WGX) leads the gold resurgence
Gold stocks surge into weekend to close higher for the week.
Paladin (PDN), Deep Yellow surge higher but lag US uranium peers
Global uranium names are surging higher after the US government committed to spend $US80bn building nuclear reactors.
WiseTech (WTC) gets hammered as Richard White appears to fall foul of ASIC & the AFP.
WiseTech Global (WTC) shares plunge after ASIC and the AFP raids the companies Sydney office.
CSL plunges as it abalones Seqirus demerger – is it time to Buy?
CSL plunges ~15% after worrying news around Seqirus demerger and potential downgrades due to a weak US market.
Has Woodside Energy (WDS) turned the corner?
Woodside (WDS) rallies over +10% into Friday after an upgrade.
Lynas falls following the Trump-Labor Govt’s historic critical minerals agreement.
Lynas (LYC) reverses lower following rare earths agreement.
An improving back drop is forming for IDP Education (IEL)
An improving backdrop is forming for IDP Education (IEL) courtesy of the Labor government.
Copper stocks lead the miners higher
Copper stocks lead the miners higher
DroneShield (DRO) Powers to new highs
DroneShield soars to new highs as Asia buys defence stocks.
Google spends big on the AI future
Alphabets second-quarter profits topped estimates as parent company Google showed strong growth in its advertising and cloud computing divisions but investors were wary around increased spending on AI
Champion Iron (CIA) enjoys the new Iron Ore tailwind
CIA’s key asset is the Bloom Lake mining complex located in northern Quebec Canada. They acquired it in 2016 and restarted production in early 2018, currently producing around 15Mtpa of high-grade iron (+66% Fe) meaning they attract a higher price than the benchmark 62% Fe.
Can BHP catch up to CBA?
The outperformance by CBA over BHP has been dramatic over the last 18 months, but it’s started to snap back since late June: BHP has rallied +14% while CBA has fallen 8%, a more than 20% relative move, and we are looking for more of the same over the coming weeks/months:
James Hardie (JHX) – Short-term pain for long term growth
James Hardie Industries (JHX) makes products used in home construction and renovation. It’s main products include fibre cement and backer board with a significant portion of it’s earnings coming from the US.
Helia (HLI) – Life after CBA not as bad as it looks
Helia Group Limited is an Australia-based company that provides lenders mortgage insurance (LMI) in Australia. The Company’s LMI protects lenders if a borrower defaults on a home loan and there is a shortfall in the sale proceeds from the secured property.
A2 Milk Ltd (A2M) – China sales turning around
a2 Milk Company Limited produces cow milk which is free of a protein called beta casein A1. The Company distributes in Australia, New Zealand, China, Hong Kong, Singapore, United States, and the United Kingdom.
Sandfire Resource (SFR) – A pureplay on surging Copper (Cu)
Sandfire Resources (SFR) operates as a producer and exploration company. The Company explores and mines copper and gold resources. Sandfire Resources serves customers in Australia.
