Skip to Content
scroll

Looking for something? Use this search to find it.

Search results: Reports

Weekend report

Weekend Q&A: Equities are still posting new highs as we enter December, with only 32 days left in 2024

The ASX200 ended the week up  +0.5% and +3.38% for the month, and an even more impressive +3.9% when we include the chunky dividends in November. Through the penultimate month of the year, tech led the charge, advancing over 10%, while the materials and energy sectors were the only two to finish lower; it was a case of different month, but the same result for 2024. 
Read more
Weekend report

Weekend Q&A: Another all-time high, and it’s not even December!

The ASX200 ended the week over 1% higher after posting fresh all-time highs on Tuesday. The energy and Utilities sectors advanced over 4%, while the tech, real estate, and consumer discretionary sectors were the only three out of the 11 to lose ground. Under the hood, the gold and uranium miners stood out in the winner's enclosure while lithium stocks continued to decline - a theme that is not being mirrored in the United States with Albemarle (ALB US) up nearly 50% from its recent lows; elsewhere, cracks appeared in parts of the high-flying tech stocks. Company AGM’s as expected, threw up some volatility on the stock level:
Read more
Weekend report

Weekend Q&A: The ASX200 continues to “Buy Trump & sell China”.

Overseas indices ended the week poorly, with the post-election rally losing steam. The Dow ended over 300-points, while the NASDAQ led the decline, down 2.4%. European equities fared better, with the EURO STOXX 50 slipping 0.8 while the FTSE closed down just 0.1%. Declines in pharmaceutical stocks weighed on the Dow and the S&P 500, after Trump said he planned to nominate vaccine sceptic Robert F. Kennedy Jr. to lead the U.S. Department of Health and Human Services.
Read more
Weekend report

Weekend Q&A: Trump’s landslide & China Stimulus – a big week in markets!

China’s much anticipated release of further stimulus has underwhelmed, or at least it hasn’t delivered a positive surprise. The package worth 6 trillion yuan ($US1.26 trillion) + another 4 trillion yuan in a special bond facility is designed to help China’s leveraged local governments restructure their finances. In simple, terms, the centralised Government is backstopping local Governments so they can be more pro-growth in their decisions rather than worrying about big piles of debt. The amount and structure of the vehicle was largely well known, and while we finally got a number to attach to it, it was very much aligned with what had been leaked i.e. no great positive shock.
Read more
Weekend report

Weekend Q&A: Markets focus on Trump and ignore a weak employment picture

The ASX200 struggled last week, ending its worst week in 3-months, down 1.1% on broad-based losses as the market jumped from one hurdle to another. The US election is one variable that is now just a few days away—we’re sure everybody will be glad when that particular circus has left town.
Read more
Weekend report

Weekend Q&A: A soft week for stocks with the Presidential election only 9 days away.

Last week was a choppy affair for the ASX200, dominated by Tuesdays sharp-sell off as bond yields rallied to 3-month highs with credit markets reducing the number of rate cuts they expect over the next year. The index finally closed down 0.87% on broad based selling with consumer staples +0.02% the only sector managing to eke out a gain while the tech sector took the wooden spoon retreating ~4%. On the stock level, except for a strong performance by the gold miners, it was another mixed bunch of winners & losers
Read more
Weekend report

Weekend Q&A: The ASX200 is already trading 8300 without a Santa Rally!

Last week was a choppy affair for the ASX200, which, even after Friday's aggressive 0.87% sell-off, still closed up 0.84% courtesy of a storming week for the financials. The action on the stocks/sector level remains more interesting than the too often tracked index, with the financials advancing +4.1% while the utilities, energy and tech sectors retreated 4.4%, 3.9% and 3.5%, respectively. We remain net bullish on the market into 2025, but if you’ve backed the wrong horse, it's still likely to be a tough ride.
Read more
Weekend report

Weekend Q&A: Hold on tight, here comes round 2/3 from Beijing

Overseas indices were firm into the weekend, with European bourses setting the tone early, with the EURTO STOXX 50 gaining +0.68% and the German DAX +0.85%. In the US, the S&P500 closed above 5800 for the first time as the banking behemoths ushered in a promising start to the third-quarter earnings season by powering it and the Dow to fresh highs. A distinct broadening of the performance barometer saw JP Morgan Chase (JPM US) rise +4.4% after topping profit and revenue expectations, while Wells Fargo (W US) popped +5.6% on stronger-than-expected profits. Interestingly, Investors overlooked disappointing revenue and an 11% decline in net interest income.
Read more
Weekend report

Weekend Q&A: The Middle East sours market sentiment into the long weekend

Last week, the AX200 slipped -0.76% following weakness across the influential financial and materials sectors, and only the energy stocks encouraged the bulls. While China enjoyed its Golden Week holiday, investors’ attention reverted to the mounting tensions in the Middle East ahead of last night’s US employment data, which ultimately alleviated market fears about the health of the US economy. The winners & losers were an eclectic bunch this week as most sectors, outside of oil, went into a holding pattern
Read more
Weekend report

Weekend Q&A: China Stimulus Reignites the Resources Sector

Last week, the AX200 edged up just +0.03%, but on the stock and sector level, it was anything but a quiet five days for local equities. The Materials Sector soared +9.4% while the financials fell 4.4% as major economic stimulus out of Beijing ignited optimism that the PBOC can reinvigorate the world's 2nd largest economy; the banks, after their impressive gains through 2024, were used as a funding vehicle. Also, we shouldn’t forget the extreme market overcrowded positioning, which led to last week's aggressive performance reversion plus, of course, Beijing’s new “whatever it takes” approach
Read more
more

Latest Reports

Weekend report

Weekend Q&A: Another all-time high, and it’s not even December!

The ASX200 ended the week over 1% higher after posting fresh all-time highs on Tuesday. The energy and Utilities sectors advanced over 4%, while the tech, real estate, and consumer discretionary sectors were the only three out of the 11 to lose ground. Under the hood, the gold and uranium miners stood out in the winner's enclosure while lithium stocks continued to decline - a theme that is not being mirrored in the United States with Albemarle (ALB US) up nearly 50% from its recent lows; elsewhere, cracks appeared in parts of the high-flying tech stocks. Company AGM’s as expected, threw up some volatility on the stock level:

Weekend report

Weekend Q&A: The ASX200 continues to “Buy Trump & sell China”.

Overseas indices ended the week poorly, with the post-election rally losing steam. The Dow ended over 300-points, while the NASDAQ led the decline, down 2.4%. European equities fared better, with the EURO STOXX 50 slipping 0.8 while the FTSE closed down just 0.1%. Declines in pharmaceutical stocks weighed on the Dow and the S&P 500, after Trump said he planned to nominate vaccine sceptic Robert F. Kennedy Jr. to lead the U.S. Department of Health and Human Services.

Weekend report

Weekend Q&A: Trump’s landslide & China Stimulus – a big week in markets!

China’s much anticipated release of further stimulus has underwhelmed, or at least it hasn’t delivered a positive surprise. The package worth 6 trillion yuan ($US1.26 trillion) + another 4 trillion yuan in a special bond facility is designed to help China’s leveraged local governments restructure their finances. In simple, terms, the centralised Government is backstopping local Governments so they can be more pro-growth in their decisions rather than worrying about big piles of debt. The amount and structure of the vehicle was largely well known, and while we finally got a number to attach to it, it was very much aligned with what had been leaked i.e. no great positive shock.

Weekend report

Weekend Q&A: Markets focus on Trump and ignore a weak employment picture

The ASX200 struggled last week, ending its worst week in 3-months, down 1.1% on broad-based losses as the market jumped from one hurdle to another. The US election is one variable that is now just a few days away—we’re sure everybody will be glad when that particular circus has left town.

Weekend report

Weekend Q&A: A soft week for stocks with the Presidential election only 9 days away.

Last week was a choppy affair for the ASX200, dominated by Tuesdays sharp-sell off as bond yields rallied to 3-month highs with credit markets reducing the number of rate cuts they expect over the next year. The index finally closed down 0.87% on broad based selling with consumer staples +0.02% the only sector managing to eke out a gain while the tech sector took the wooden spoon retreating ~4%. On the stock level, except for a strong performance by the gold miners, it was another mixed bunch of winners & losers

Weekend report

Weekend Q&A: The ASX200 is already trading 8300 without a Santa Rally!

Last week was a choppy affair for the ASX200, which, even after Friday's aggressive 0.87% sell-off, still closed up 0.84% courtesy of a storming week for the financials. The action on the stocks/sector level remains more interesting than the too often tracked index, with the financials advancing +4.1% while the utilities, energy and tech sectors retreated 4.4%, 3.9% and 3.5%, respectively. We remain net bullish on the market into 2025, but if you’ve backed the wrong horse, it's still likely to be a tough ride.

Weekend report

Weekend Q&A: Hold on tight, here comes round 2/3 from Beijing

Overseas indices were firm into the weekend, with European bourses setting the tone early, with the EURTO STOXX 50 gaining +0.68% and the German DAX +0.85%. In the US, the S&P500 closed above 5800 for the first time as the banking behemoths ushered in a promising start to the third-quarter earnings season by powering it and the Dow to fresh highs. A distinct broadening of the performance barometer saw JP Morgan Chase (JPM US) rise +4.4% after topping profit and revenue expectations, while Wells Fargo (W US) popped +5.6% on stronger-than-expected profits. Interestingly, Investors overlooked disappointing revenue and an 11% decline in net interest income.

Weekend report

Weekend Q&A: The Middle East sours market sentiment into the long weekend

Last week, the AX200 slipped -0.76% following weakness across the influential financial and materials sectors, and only the energy stocks encouraged the bulls. While China enjoyed its Golden Week holiday, investors’ attention reverted to the mounting tensions in the Middle East ahead of last night’s US employment data, which ultimately alleviated market fears about the health of the US economy. The winners & losers were an eclectic bunch this week as most sectors, outside of oil, went into a holding pattern

Weekend report

Weekend Q&A: China Stimulus Reignites the Resources Sector

Last week, the AX200 edged up just +0.03%, but on the stock and sector level, it was anything but a quiet five days for local equities. The Materials Sector soared +9.4% while the financials fell 4.4% as major economic stimulus out of Beijing ignited optimism that the PBOC can reinvigorate the world's 2nd largest economy; the banks, after their impressive gains through 2024, were used as a funding vehicle. Also, we shouldn’t forget the extreme market overcrowded positioning, which led to last week's aggressive performance reversion plus, of course, Beijing’s new “whatever it takes” approach

more
Back to top