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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 ticks higher, Defensive sectors outperform, Metcash (MTS) delivers strong result & rallies

A very tough day for some parts of the Australian market today despite the ASX 200 closing a few ticks higher, the IT stocks hit more than 2% while the defensive...
AD8
APT
BAP
+10
James Gerrish
Market Matters
Daily Report

The Match Out: ASX recovers to finish slightly lower, Afterpay smacked on voting delay, Woolies takes on Wesfarmers in API deal

A soft session in the US saw the local market face to face with a fall of around 100 points, as futures dropped like a stone. But the worst of it was seen even before...
APT
+5
James Gerrish
Market Matters
Daily Report

The Match Out: ASX edges lower however sellers lose steam, Material stocks advance

I was up last night around 3 am with a dog that didn’t want to sleep (don’t ask) as the US market (and our futures) recovered from the whack they copped yesterday...
James Gerrish
Market Matters
Daily Report

The Match Out: ASX up early, hit late on virus news, down ~1% in November as Financials weigh

The ASX attempted to rally on the final day of the month and was doing well early to be +92pts up at the lunchtime high, however late selling kicked in after the...
AMP
+1
James Gerrish
Market Matters
Daily Report

The Match Out: ASX down but not out, drops 0.50%, Resources higher as Iron Ore rallies

There was a degree of anticipation this morning given the weekend news flow, however as currency markets opened and were fairly subdued it quickly became apparent that...
HUB
James Gerrish
Market Matters
Daily Report

The Match Out: ASX drops like a rock to finish the week, fresh COVID fears spark sell-off, Appen smashed on downgrade

After weeks of being more or less pinned to 7400, the index finally cracked today. Initially it looked to be a pretty subdued end to the week for the ASX given Futures...
APX
+2
James Gerrish
Market Matters
Daily Report

The Match Out: ASX pinned to 7400, Tech catches a bid, EML Payments rockets on CBI news

Another quiet day on the index level, any strength was sold, weakness bought and overall the market finished flat, however there was a lot more happening under the...
AGL
EML
+3
James Gerrish
Market Matters
Daily Report

The Match Out: A lacklustre day, ASX down a touch, Energy bounces, IT continues its slide

It was one of those days today where the market had little direction – chopped around par with further weakness in technology stocks offset by buying in the Energy...
ASB
HUB
+3
James Gerrish
Market Matters
Daily Report

The Match Out: ASX rallies, Iron Ore surges around 10%, Resource stocks offset weakness in IT

A strong bounce back from early morning weakness today as the late sell-off in Tech shares overnight cast a shadow over the market early, however with commodities...
APT
BAP
FMG
+3
James Gerrish
Market Matters
Daily Report

The Match Out: ASX slides, Banks and Tech weigh, Travel stocks hit as global case counts rise

It was another choppy open this morning. The index was jumping at shadows, something that really typified the rest of the day, the broader market finishing down...
CXL
FMG
+2
James Gerrish
Market Matters
Daily Report

The Match Out: ASX up a touch today, down around 1% for the week, Crown gets a bid (again)

The market finished marginally higher today but was down around 1% on the week, thanks to weakness among the financials, courtesy of Commonwealth Bank’s (ASX: CBA)...
ALU
PDN
James Gerrish
Market Matters
Daily Report

The Match Out: ASX edges higher in a choppy session, defensives lead, Altium hosts upbeat AGM

It was a choppy session for the ASX, the market trading in a reasonable trading range of around 60 points. The worst of it was seen just after the open, when the...
ALU
+4
James Gerrish
Market Matters
Daily Report

The Match Out: ASX down again, CBA’s 8% dip comprising 90% of the fall, AGM season soldiers on

It was another softer session for the market today thanks largely to a weaker-than-expected quarterly update from index heavyweight Commonwealth Bank (ASX: CBA), which...
BHP
EML
+3
James Gerrish
Market Matters
Daily Report

The Match Out: ASX struggles again, Resources weigh, Telstra looks for growth in health and energy

It was a poor session today for Aussie stocks, the market selling off throughout the session, again hitting its head on this stubborn wall of resistance at around 7480...
APT
CHN
+4
James Gerrish
Market Matters
Daily Report

The Match Out: ASX ticks higher, growth sectors outperform, Incitec Pivot (IPL) rallies with FY21 result

A reasonably muted start to the week for equities which tracked higher through the morning before giving around a quarter of the gains throughout the afternoon. Buyers...
IPL
James Gerrish
Market Matters
Daily Report

The Match Out: ASX ends higher after a challenging week, Calix up on new patent, Enjoy the weekend

It was a good way to end a volatile week, the ASX up around 0.8% and despite a few large swings and the feeling of a tough week, the market only ended at 7443, down...
AWC
BHP
CXL
+6
James Gerrish
Market Matters
Daily Report

The Match Out: ASX falls in a volatile session, Resources were strong, Xero reports 1H loss and falls

It was a very volatile session today for local stocks, as big volumes through the futures market pushed the market down around 40 points in short order this morning,...
ASB
FMG
+3
James Gerrish
Market Matters
Daily Report

The Match Out: ASX ticks lower, resistance holds, NAB bounces 4%

The ASX was again looking optimistic early on, as SPI Futures debunked overseas weakness. But true to recent form, key resistance – as detailed on the daily chart...
AWC
BHP
+2
James Gerrish
Market Matters
Daily Report

The Match Out: ASX struggles again, NAB reports solid FY21 result, Newcrest makes a good acquisition

It was another session where the ASX looked strong(ish), but hit the skids at key resistance and sold off into the afternoon. It was sector rotation again to the only...
CSR
IGO
+4
James Gerrish
Market Matters
Daily Report

The Match Out: ASX flat, can’t break resistance, Energy bounces back

It was a fairly lacklustre start to the week, the ASX chopping around par for most of the session as sellers seemed intent on defending the 7,475 resistance level...
PNV
+3
James Gerrish
Market Matters
Daily Report

The Match Out: ASX closes higher for the day and week, Virgin Money trips up, Have a great weekend all

A choppy start to the week ended with three solid sessions of gains for the ASX. Today it was the Communications sector leading the charge, while the IT stocks lagged....
APT
+5
James Gerrish
Market Matters
Daily Report

The Match Out: ASX ends higher, IT & Financials lead, Dominoes (DMP) tanks

It was the second day of gains for the ASX, as the market edged another 0.5% higher thanks largely to a bounce-back in the IT stocks, which never seem to stay down for...
ALU
CSR
+2
James Gerrish
Market Matters
Daily Report

The Match Out: ASX bounces back, Commodities underpin advance, AMP tops the 200

The ASX bounced back today with the heavyweight Materials & Financials leading the line after a tough start to the week, IT the only sector to finish lower. Buying was...
ALU
FMG
HUB
+5
James Gerrish
Market Matters
Daily Report

The Match Out: ASX rallies, Westpac tanks, All eyes on the RBA tomorrow

The market got off to a very indecisive start today, giving up early gains to trade just marginally higher by 10.30 am before buyers stepped up to the plate and...
APA
IGO
+2
James Gerrish
Market Matters
Daily Report

The Match Out: ASX falls, The market finally starts to notice rising interest rates, Have a great weekend all

It was a very weak session to end the month with all sectors on the ASX finishing weaker. The real estate stocks were hit hardest on the expectation of rising interest...
MQG
RMD
+1
James Gerrish
Market Matters
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