The Match Out: ASX hits new all-time high as Resources contribute

A volatile open this morning with the SPI Futures squeezing into the September index expiry – up ~70pts into blue sky territory, before pulling all the way back to par by lunch time. US Futures found some form and the ASX followed suit, rallying throughout the afternoon session to ultimately end up 50pts, chalking up a new all-time high for the ASX at 8200, driven by a big turnaround in the resources sector; the interpretation for now at least being that lower rates will be supportive of global growth and therefore demand for raw materials – though that could simply be back-filling a reason!

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Afternoon report 25/07/2025 17:05

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Morning report 24/07/2025 09:38

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Afternoon report 23/07/2025 17:43

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