The Weekend Q&A: Chinese Stimulus Ignites Global Miners

Afternoon report 28/10/2026 17:02

The Match Out: Miners & Tech lead early before hot CPI puts the brakes on ASX rally

The ASX gave back much of its early advance, with a ~90pt intraday reversal after hotter-than-expected inflation data lifted rate concerns. Miners and technology shares held up well as the market continued to respond positively to the Anthropic IPO filing yesterday, while Defensive sectors lost ground, reversing some of their recent outperformance

Alerts 28/10/2026 09:56

Trade Alert – Active Income Portfolio

We are making several changes to the income portfolio today.

Morning report 28/10/2026 09:46

Portfolio Positioning: Anthropic’s IPO reinvigorates the “AI Trade”

For the second consecutive day, the ASX 200 recovered from early losses to close higher, this time a more impressive +0.5%. Gains were concentrated in the miners, with the materials sector adding 58 points to the index, while financials dragged by 18 points. If the two could just move in the same direction, we’d be trading above 9,000 in the blink of an eye! The miners, and in particular copper names, enjoyed two strong tailwinds on Tuesday.

Afternoon report 27/10/2026 17:01

The Match Out: Miners lead ASX higher as Anthropic IPO revives growth trade

The ASX recovered from an early decline as Anthropic’s IPO filing revived global appetite for AI-related stocks just as stronger-than-expected Chinese economic data helped light a fuse under the Materials sector.

Morning report 27/10/2026 09:51

What Matters Today: Evaluating 4 big ASX movers

The ASX 200 reversed from early steep losses to close up +0.2% on Monday, with a +1.7% bounce by the materials sector adding +35 points to the index, more than offsetting weakness in the financials.

Afternoon report 26/10/2026 16:41

The Match Out: ASX rallies hard from the low to close higher as Miners rebound

The ASX staged a sharp intraday recovery, rallying ~85 points from its morning low to finish higher as technology, resources and property shares turned higher. The rebound followed early weakness as the market weighed the risk of higher interest rates against a busy week of Australian inflation data, US earnings and central bank decisions. Materials recovered some ground after last week’s selloff, while the major banks pared their early losses.

Morning report 26/10/2026 09:49

Macro Monday: Should we be reweighting our portfolios in earnest?

Relative sector performance is very often cyclical, depending on different factors such as bond yields and global economic growth. It may not feel like it, but the ASX 200 Financials and Materials sectors have delivered comparable gains since COVID, rising ~60% and ~50%, respectively, but they’ve followed very different paths.

Weekend report 24/10/2026 09:33

Weekend Q&A: We need a weekend after the last few days!

The ASX 200 finished a volatile week, especially at the stock and sector level, with an 8% drop in the materials sector dragging down the broader market by just 0.1% despite almost 60% of the main boards closing higher. However, when we see heavyweight miners South32 (-11%), Sandfire (-10%), BHP Group (-8%), and RIO Tinto (-6%), it was always going to be tough for the index to advance.

Afternoon report 23/10/2026 17:06

The Match Out: Banks and retailers keep ASX afloat as miners slide

The ASX spent most of the session trading lower off the back of a weaker session playing out in the US, particularly Tech overnight. Banks and consumer-facing stocks provided a lift, but the modest gain masked a sharp divide across the market.

Alerts 23/10/2026 09:55