Bloomberg Magnificent Seven

04/09/2025

Bloomberg Magnificent Seven

Latest Reports

Afternoon report 12/11/2026

The Match Out: ASX stages resilient recovery as early losses erased

The local market edged lower as a sharp pullback in miners and consumer-facing stocks offset strength across technology, healthcare and the banks. Despite opening weaker and sliding to an intraday low of ~9,100, buyers stepped in to drive a solid recovery through the session, with the ASX 200 clawing back the early losses to finish close to flat.

Morning report 12/11/2026

What Matters Today: Is it time to don a contrarian hat towards fund managers?

The ASX 200 again illustrated it’s regained its “Mojo” on Wednesday, reversing early losses to close up +0.3%, its best close since late August - it will get another test today with the index set to open down 0.5%. Gains were again fairly broad-based on Wednesday, with more than 60% of the main board closing higher, and the miners contributing over 70% of the day's advance.