The Match Out: Solid results drive the ASX higher

The ASX traded lower in the first hour of trade as sellers initially pushed CBA into the red, it was all one-way traffic from 10.30am onwards as both CBA and the market rallied, the former trading to new all-time highs on slightly better than expected results.

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Afternoon report 12/02/2025 17:32

The Match Out: Solid results drive the ASX higher

CBA

MM is neutral on CBA into new highs

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AGL

MM is long and bullish AGL for income, through growth is slowing

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EVN

MM remains bullish on EVN

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SUN

MM is neutral towards SUN into new highs

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CPU

MM is cautiously bullish CPU

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Latest Reports

Afternoon report 20/03/2025 17:03

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A very solid bounce back on the ASX today with ~85% of the main board finishing higher. Risk was back on with technology + market linked stocks leading the way, though resources lagged.

Morning report 20/03/2025 18:46

What Matters Today: Is BYD signalling it’s time to buy Lithium stocks?

The ASX 200 retreated 0.4% on Wednesday due to broad-based selling, with over 75% of the main board closing lower. The rate-sensitive utilities and real estate sectors underperformed, both falling by more than 1.3%, while the healthcare sector's 0.5% gain was the main glimmer of hope for the bulls.

Afternoon report 19/03/2025 16:58

The Match Out: ASX down, though showing signs of life

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Morning report 19/03/2025 09:38

Portfolio Positioning: The market’s resilience set to be tested again

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Afternoon report 18/03/2025 16:27

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Morning report 18/03/2025 09:16

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Afternoon report 17/03/2025 17:01

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Morning report 17/03/2025 09:21

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Weekend report 15/03/2025 09:17

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Afternoon report 14/03/2025 17:21

The Match Out: ASX rallies and holds on stronger miners

With futures pointing down -12pts prior to the session following weak US markets, it looked all but certain we were in for another negative day but fresh all-time highs for gold and a bounce in iron ore overnight provided a much needed boost to the miners.