Friday 5th April - ASX200 -37pts, Magellan (MFG) & West African Res (WAF)

05/04/2024

Friday 5th April – ASX200 -37pts, Magellan (MFG) & West African Res (WAF)

Subscribe to Market Matters Blog

Latest Reports

Weekend report 20/12/2025

Weekend Q&A: Some Christmas cheer is coming on Monday

The ASX 200 ended the week down -0.9%, leaving December up just +0.1% with the quiet Christmas period ahead. However, with the market set to open strongly on Monday morning, a Santa Rally could be set to arrive, albeit extremely late. Remember, the average gain for a December over the last 10 and 20 years is 1.0% and +1.2% respectively, still comfortably attainable by the local market from today’s position.

Afternoon report 19/12/2025

The Match Out: ASX up today, though down for the week

The ASX pushed higher on Friday, supported by a rebound in technology stocks and strength across the banks, following softer-than-expected US inflation data that reignited expectations for further Federal Reserve rate cuts. Despite today’s gains, the market is still tracking its first weekly decline in four weeks.