Appen Ltd (APX)

29/05/2025

Subscribe to Market Matters Blog

Latest Reports

Afternoon report 11/06/2025

The Match Out: ASX all-time highs short-lived as investors sell the fact on trade talk resolution

Today marked another intra-day record for the ASX 200, though this time it couldn’t hold with the market closing -47pts off the morning high. It had a feeling of buy the rumour sell the fact as Chinese and U.S trade officials walked away from two days of negotiations having agreed on a preliminary plan to ease trade tensions, emphasising resolving issues around rare earths minerals and magnets shipping, with the U.S expecting to lift export restrictions in a ‘balanced way’.

Morning report 11/06/2025

Portfolio Positioning: The unloved Bull Market confounds the numerous bears

The ASX200 posted a record close on Tuesday as broad-based buying took the index up 0.8%, with the heavyweight financials leading the market higher; the “Big Four” gained an average of 1.2%. The market adopted a clear “risk on” theme as it approached all-time highs, while abandoning some of the year's best-performing defensives, as underweight fund managers appeared increasingly exposed to the rising market.