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Daily Report

Tune in for a daily download from investing professionals ‘in the trenches’ who summarise key events each market day.

Daily Report

The Match Out: ASX fades after getting within touching distance of all-time highs, Ramsay cops $20b takeover bid

The local market had a strong rally early in the session, coming to within 8 points of the all-time high before 11AM. Strength in the financials sector early helped...
AGL
STO
+2
James Gerrish
Market Matters
Daily Report

The Match Out: Easter optimism filters into solid session, RBA minutes suggest rates will rise sooner rather than later

It was a solid session for local stocks today, albeit a very quiet one with the market rallying early before treading water late in the day. Minutes from the RBA’s...
ASB
CXL
HUB
+5
James Gerrish
Market Matters
Daily Report

The Match Out: Market trends higher into the long weekend, BOQ weighs on the financials, Travel stocks rally

The market traded in a reasonably tight range for much of the session and importantly held firmly above 7500. Four sectors managed gains of more than 1% with tech...
AKE
+1
James Gerrish
Market Matters
Daily Report

The Match Out: Market edges up and looks poised to rally, Energy and Materials lead the line today

Most stocks rallied today, pushing the index higher as we edge towards the four day Easter break. Materials and Energy did the heavy lifting, more than offsetting...
ABC
EML
+1
James Gerrish
Market Matters
Daily Report

The Match Out: Market falls on lack of interest, US Inflation data tonight a key focus

It was a softer session for the ASX today with weakness fairly broad-based although far from aggressive in nature. It simply felt like a lack of interest and if the...
GEM
+7
James Gerrish
Market Matters
Daily Report

The Match Out: ASX edges higher, Financials lead the line, Someone get Albo a MM subscription!

The market opened higher this morning however petered out into the afternoon as the resource stocks gave back early gains, particularly in Iron Ore & Lithium. The IT...
GEM
GNC
IGO
+7
James Gerrish
Market Matters
Daily Report

The Match Out: Index carried by resources, Platinum (PTM) smashed on weak FUM, GrainCorp (GNC) hits all-time highs

Commodities helped support the local index into the weekend as the index recouped most of the losses see this week. Materials were strong coming on the back of further...
James Gerrish
Market Matters
Daily Report

The Match Out: Market falls, Tech & Materials the main drag

The market was hit on open to trade down ~80pts however it ground back from 11am onwards to re-coup half of those declines, most support coming from the influential...
James Gerrish
Market Matters
Daily Report

The Match Out: Stocks pare back early gains as RBA loses some patience, AUD through 76c

The market was storming higher this morning to hit a 7573 peak before the RBA implied they had lost patience and would move sooner on rate hikes, another credibility...
AGL
ALU
HUB
+5
James Gerrish
Market Matters
Daily Report

The Match Out: Stocks edge higher, Perpetual (PPT) makes play for Pendal (PDL)

A fairly flat session to start the week with little direction at the index level although there were some decent moves under the hood. The fund managers were in focus...
+11
James Gerrish
Market Matters
Daily Report

The Match Out: Market choppy into the weekend, Lithium stocks get a boost, Paladin lifts

It was a directionless finish to the week, the market chopping in and out of positive territory throughout the day, but trading in a tight 40 points range. Resources...
AKE
FMG
+2
James Gerrish
Market Matters
Daily Report

The Match Out: ASX nudges into positive territory for the quarter

End of month and end of quarter today and it’s been a challenging one to say the least, with a raft of macro-economic landmines to navigate through. However, when the...
FMG
+3
James Gerrish
Market Matters
Daily Report

The Match Out: Market gives Budget thumbs up, What stocks will benefit from the cash splash?

It was a positive session for the market today as we approach the end of the month and quarter – a period that’s been extremely volatile with a raft of reasons for the...
ADH
ALD
AMA
+19
James Gerrish
Market Matters
Daily Report

The Match Out: ASX rallies ahead of the Budget tonight, Tech leads the line…

A strong session for the ASX today with most sectors in the green ahead of the budget tonight. Technology stocks followed their US counterparts higher while consumer...
NEA
+3
James Gerrish
Market Matters
Daily Report

The Match Out: Stocks lose steam, ASX gives back early gains

The ASX lost some steam today, peaking up +52 points early only to taper off into the afternoon session, plus it was hit hard in ‘the match out’ between 4pm and...
BHP
FMG
RIO
+1
James Gerrish
Market Matters
Daily Report

The Match Out: ASX edges higher into the weekend, rallies 1.5% for the week

A marginally positive session today with the market chopping in a tight +/-35 point range closing back above 7400, Materials strong thanks to strength in the Iron Ore...
AGL
ALX
BKW
+2
James Gerrish
Market Matters
Daily Report

The Match Out: Market recovers from an early decline, Coal stocks rally, ResMed struggles with the supply chain

There was every opportunity for the market to pullback today, the ASX 200 is up approximately 6% on the most recent drive from the ~7000 handle, US markets were down...
AGL
ASB
BKW
+9
James Gerrish
Market Matters
Daily Report

The Match Out: Market grinds higher, Tech leads while talk of further bank buy-backs support the financials

The ASX marched higher today supported by another strong rally in the technology stocks while talk of further buy-backs amongst the banks saw the sector well bid....
ASB
James Gerrish
Market Matters
Daily Report

The Match Out: ASX hits 2 month high, Materials bounce with BHP +5%

While the ASX ended higher, it was the second straight session where stocks finished well off the early highs, yesterday it was ~70pts, today was half that however it...
BHP
BLD
HUB
+2
James Gerrish
Market Matters
Daily Report

The Match Out: ASX runs out of steam, Douglass relinquishes Magellan (MFG) board seat, Wesfarmers (WES) takeover of API cleared

A disappointing session today with early strength fading throughout the day. The index was at one stage up 56pts (+0.77%) to 7350, the highest level in a month before...
WES
James Gerrish
Market Matters
Daily Report

The Match Out: Resources rally supports index, ASX has its best week in a year, Megaport (MP1) Chairman sells again

The local bourse was choppy early on today before finding its feet around lunch to rally into the weekend, though some risk was taken off near the close before a...
MP1
James Gerrish
Market Matters
Daily Report

The Match Out: ASX rallies as the Fed hikes rates, IT for 3rd straight session, Tech leads, is PointsBet a takeover target?

A bullish session for the ASX today, the 2nd on the trot with some aggressive buying targeted at the IT stocks following in the footsteps of the overnight move. Higher...
MQG
+3
James Gerrish
Market Matters
Daily Report

The Match Out: ASX down, Materials and Energy weigh, Uniti Wireless gets a bid

The holding pattern continues for the market, with the ASX giving back around 50% of yesterday’s rally. With little clarity in negotiations between Russia and Ukraine,...
James Gerrish
Market Matters
Daily Report

The Match Out: ASX rallies, banks lead, Materials look tired

The market continued its trend of being a choppy mess, today rallying by +1.3% after falling on Friday by a similar amount. The influential banks were strong pushing...
DDR
+7
James Gerrish
Market Matters
Daily Report

The Match Out: ASX down, A solid week for Financials, Not so for Materials, Enjoy the weekend

It was a poor session to end the week, the market giving back most of yesterday’s gains. It almost felt like everyone lost interest after a busy week, with volumes...
James Gerrish
Market Matters
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