Tuesday 28th January - ASX +7pts, AI Stocks, NXL & ASX - Market Matters

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28/01/2025

Tuesday 28th January – ASX +7pts, AI Stocks, NXL & ASX

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Latest Reports

Afternoon report 26/06/2025

The Match Out: ASX trickles lower, Xero (XRO) down 5% post cap raise, WBC joins chorus for a July rate cut

A very quiet session for Aussie stocks today, though the recent trend continued with buying of weakness, although the dip was only small this morning. Xero (XRO) came back online post cap raise, down ~9% early but saw strong buying during the session to recover 50% of its loses.

Morning report 26/06/2025

What Matters Today: Revisiting Payment stocks as Xero pays $4bn for Melio

The ASX200 struggled to make any meaningful headway on Wednesday, even after the Dow closed up over 500 points and we received a particularly market-friendly inflation print.

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