Category: Afternoon Report

Afternoon Report

ASX takes foot off the throttle

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short content

Afternoon Report 08/11/2019

Money rotates out of defensives in a flat day

Afternoon Report 07/11/2019

NAB doing a good job in a tough environment (NAB, XRO, Z1P)

Afternoon Report 06/11/2019

Cracks appearing with index momentum waning (PDL, BLD)

Afternoon Report 05/11/2019

RBA holds steady on Cup day

Afternoon Report 04/11/2019

Westpac out with results and surprise equity raise (WBC, NWH, CSR)

Afternoon Report 01/11/2019

Stocks rebound from early weakness (MQG)

Afternoon Report 31/10/2019

ANZ misses the mark – drags the banking sector lower (ANZ, ILU)

Afternoon Report 30/10/2019

Sellers dominate in a weak session – all sectors lower (WOW, CGC, Z1P)

Afternoon Report 29/10/2019

The run of agricultural downgrades continue with Bega today (BGA, PGH, LOV, COL)

Afternoon Report 28/10/2019

ASX drifts from early highs – Sims Group downgrades again (SGM, DMP, ORE)

Afternoon Report 25/10/2019

Stocks higher in quiet trade (RMD, CWY)

Afternoon Report 24/10/2019

Sell strength – buy weakness, the mantra continues (FMG, NCM, SGR) BHP.LN, JPM.US, IEM, COPX. US, BNKS

Afternoon Report 23/10/2019

Property’s good news supports market (WBC, SSM, KGN, WSA, DXS, VCX)

Afternoon Report 22/10/2019

Iron ore helps the market edge higher (WHC, SAR, COH, EHL)

Afternoon Report 21/10/2019

Stockland confirms green shoots in property markets (WTC, SGP, OZL, SGP) BAC US, JHG US, UNH US

Afternoon Report 18/10/2019

RBA comments send the Aussie higher and the market lower…again (SBM)

Afternoon Report 17/10/2019

Strong employment data & a rising currency puts the kibosh on the market (WTC, IFL, BHP)

Afternoon Report 16/10/2019

Defensive sectors take the index from strength to strength (RIO, OZL, CGF)

Afternoon Report 15/10/2019

Nick Scali breaks the back of the retailers today (NCK, EVN)

Afternoon Report 14/10/2019

Market up but early optimism fades (IPH, STO, FPH)

Afternoon Report 11/10/2019

ASX ends a choppy week on the right foot (PLS, FMG, PPT)

Afternoon Report 10/10/2019

All calm on the surface but plenty of action underneath – market closes unchanged (ORA, BSL)

Afternoon Report 09/10/2019

Selling resumes following US trade escalation (FLT, CUV, CWY)

Afternoon Report 08/10/2019

Markets trickle higher again ahead of US Fed speech (FMG, ANZ, STO)

Latest Reports

Afternoon report 29/07/2025

The Match Out: Strong recovery from early weakness ahead of inflation data tomorrow

The ASX is looking interesting here for the chartists, with the market having broken out mid-month before coming back to consolidate above the ~8600 breakout level. Today was important, with a retest and ultimate rally, and while the main board only put on +6pts in aggregate, it was +60pts from the morning low – a bullish sign. The move will be tested tomorrow with the important inflation data out at 11.30am, a more benign print (sub 2.1%) should see the market break higher, and vice versa on a hotter read. A pivotal penultimate day of the month! • The ASX200 +6pts/+0.08% closing at 8704

Morning report 29/07/2025

What Matters Today: Should we buy the pullback in lithium stocks, or abandon ship?

The ASX200 started the week on a firm footing, closing up +0.4%, back within a few points of the psychological 8700 area. The catalyst for the solid day was news that the EU and the US had reached a trade agreement, and President Trump was looking to extend his tariff truce with China - the US S&P 500 futures buoyed sentiment, opening ~0.5% higher on the tariff news.