Magellan Financial Group Ltd (MFG)

29/06/2023

Magellan Financial Group Ltd (MFG)

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Weekend report 01/08/2026

Weekend Q&A: Can 9000 become the new 8800?

The ASX 200 finished a volatile week up +2.3%, reaching a four-month high on Wednesday after softer-than-expected inflation data reduced fears of higher interest rates. The ASX shrugged off a sharp pullback earlier in the week by the “AI Trade” and a 1150-point drop by the Dow on Wednesday night after hawkish comments from Fed Chair Warsh - as we’ve been saying through July, the local market is slowly starting to get its “Mojo” back as we head into reporting season.

Afternoon report 31/07/2026

The Match Out: ASX outperforms US to end July up +2.3%

The ASX 200 finished modestly higher today, securing a fourth consecutive monthly gain despite giving back most of an early rally. The index traded as high as 9,059 before closing just +9 pts higher (down ~85pts from the open), with strong gains across materials, selected technology names and gold miners offset by weakness in healthcare, consumer staples and communications.