NOVO Nordisk ADR (NVO US)

28/01/2026

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Weekend report 28/02/2026

Weekend Q&A: It’s time for the dust to settle post-reporting season

Last week was again volatile at the stock level as the local reporting season drew to a close, but the index forged ahead, absorbing what was thrown at it and closing up 1.3% at a new all-time high. The materials sector continued to do the heavy lifting, closing up +7.4%, ably supported by the consumer staples, which ended up 5%, while the retailers were a notable weak link with the consumer discretionary sector ending the week down 3.3%. With BHP surging more than $5, also closing at an all-time high on Friday, the market enjoyed a huge uplift from the “Big Australian” while beats trumped misses, which bodes well through 2026, although there were some standouts in both camps.

Afternoon report 27/02/2026

The Match Out: The ASX closes at another all-time high, within a whisker of 9200

ASX experienced a quiet Friday managing to firm into the close ending the week at another all-time high. But again, there was still plenty of volatility on the stock level as we approach the end of reporting season.