Hub24 (HUB)

17/01/2023

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Weekend report 08/08/2026

Weekend Q&A: Monday is poised to deliver another new high for the ASX

The ASX 200 finished a strong week up +3.2%, posting new highs on three of the five sessions. August is only one full week old, and the local market has already surged towards 9300 with no end in sight as the miners continue to drive the index higher. Monday is set to deliver a repeat performance as a soft US jobs report dulled the prospects of Fed rate hikes, pushing the miners and, in particular, gold names substantially higher after the precious metal surged over US$100.

Afternoon report 07/08/2026

The Match Out: ASX wraps up a strong week with Tech & Materials leading the line

The ASX 200 finished essentially flat, though it did recover from early weakness, having pulled back and tested this week’s breakout level (~9200), before pushing higher – a positive technical sign. After resetting record highs twice this week, the market moved into more of a holding pattern ahead of next week’s heavier reporting calendar, with strength across materials and technology offset by weakness in the banks and selected healthcare names.