Thursday 1st May - ASX +18pts, WOW, LSF, WOR - Market Matters

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01/05/2025

Thursday 1st May – ASX +18pts, WOW, LSF, WOR

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Latest Reports

Afternoon report 23/06/2025

The Match Out: Stocks experience only ‘mild’ reaction to US strikes on Iran

We were the first major market to absorb the weekend’s strikes on Iran, and while stocks fell, it was far from aggressive, with the ASX trading down ~80pts at the lows before the dip buyers emerged, pushing the index up ~50pts from the morning nadir.

Morning report 23/06/2025

Macro Monday: How could markets react to the US strikes on Iran?

Trump said he would take up to two weeks to decide on the US’s involvement in the Israel-Iran conflict, but it ended up being closer to two days after American bombers struck Iran’s three main nuclear sites.

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