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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

REA reports a 14% drop in local listings (REA, FLT)

A weaker session to end the week although it’s been a very interesting 5 days in the market. The week started on the backfoot coming off a major selloff in the states...
REA
James Gerrish
Market Matters
Daily Report

Asian markets lead the region higher (SSM, JHG, COL, NCK)

A good session today across the board off the back of another good session overseas, plus Asian markets were strong, Japan up nearly +3% while Hong Kong & China were...
COL
NCK
+1
James Gerrish
Market Matters
Daily Report

Expectations of a rate cut pushed out to September (ORE, JHG, MFG, CPU)

A fairly disappointing performance from the market today given the positive leads we saw overnight while Asian markets were also in the green for the day. It seemed to...
CPU
+1
James Gerrish
Market Matters
Daily Report

China facing stocks feel the brunt as the Chinese market recommenced trade (BHP, IEM)

Following on the from weakness we saw overseas on Friday where the Dow Jones fell more than -600pts/-2%, Australian stocks were under the pump today, particularly the...
BHP
James Gerrish
Market Matters
Daily Report

ASX adds ~5% in January

The market once again saw the best of it early before ebbing and flowing for much of the day, eventually giving back most of the early gains to close up, but only...
James Gerrish
Market Matters
Daily Report

Nearmap off track as growth lows (FMG, NEA, NCM, SUN)

The best of the session was seen early today with the ASX opening higher in the early stages; however the optimism was short lived and sellers emerged throughout the...
FMG
NEA
+1
James Gerrish
Market Matters
Daily Report

Goon bag bursts for Treasury Wines (OZL, TWE, EHL)

A better session for stocks today with the mkt bouncing back post yesterday’s selloff. The market opened fairly well, ran to a lunchtime high before chopping around...
James Gerrish
Market Matters
Daily Report

Markets hit on Coronavirus, stocks exposed to China hardest hit (NWH, EHL, WSA, OSH)

While it was a weak session locally today the low point was seen early on in trade with buyers emerging into weakness, although some sectors were clearly targeted more...
NWH
OSH
+1
James Gerrish
Market Matters
Daily Report

Cimic shows why doing business in the Middle East is not all Beer & Skittles (CIM, DOW, WBC)

The market opened fairly well this morning following a flat session overseas, however weakness crept in at 11.30am following a better than expected employment print...
DOW
James Gerrish
Market Matters
Daily Report

All rallies must come to an end (BHP, PGH)

The ASX sold off after being left with its own thoughts given there was little in the way of overnight leads today with the US closed observing MLK day last night. The...
BHP
James Gerrish
Market Matters
Daily Report

Edging higher, but wind seems to be coming out of the sails (NHF, SUL, KGN)

Another positive open to trade this morning with the market again having a second crack at the ~7100 region before a range bound day played out, the ASX 200 ebbing...
KGN
NHF
James Gerrish
Market Matters
Daily Report

Strong production numbers from RIO to end the week (RIO, NUF)

A more subdued session to end the first week back on the desk with stocks opening firm before trickling down from early highs into the close (2000 lots of futures done...
NUF
RIO
James Gerrish
Market Matters
Daily Report

Market smashes through 7000 (WHC, S32, WPL)

A bullish open to trade this morning where the market cracked and held above 7000, keying off the US/China love in overnight. While the US market was higher, local...
S32
James Gerrish
Market Matters
Daily Report

Industrials, Energy take the ASX within a whisker of 7000 (RSG, PPT)

Another storming session for the ASX today with the 200 approaching the 7000 milestones, at its best today it got within 3.2 points with a high of 6996.8. Buying was...
James Gerrish
Market Matters
Daily Report

ASX 200 closes in on 7000 (JPM, EML, PDL)

A bullish session today with the market opening higher then grinding up into the close, making another all-time closing high in the process. Clearly the market remains...
EML
James Gerrish
Market Matters
Daily Report

A sea of red despite easing global tensions (Z1P)

The market traded in the red for most of the session, although the local index did finish far from the intra-day lows set early in the session. The Aussie market...
Z1P
James Gerrish
Market Matters
Daily Report

Strong employment data weighs on market (SSM, VRL)

Another session where stocks were in a holding pattern today with the news flow dominated by the impeachment of President Trump, only the third time in Americans...
SSM
James Gerrish
Market Matters
Daily Report

Stocks consolidate recent gains – Wisetech in the crosshairs again (WTC, WBC, NST)

The market consolidated yesterday’s gains today with the index trading in a relatively tight range for the session – chopping around within +/-30pts of the high and...
James Gerrish
Market Matters
Daily Report

Stocks rally as Santa prepares his sleigh (PRN, SIQ)

A booming session for the ASX today well and truly outpacing other regional markets while US Futures were also fairly muted during our time zone – it was simply a case...
PRN
James Gerrish
Market Matters
Daily Report

Landslide – a Boris Johnson cover

A positive day for the local market, but probably not as bullish as a lot of traders were expecting today given the double whammy of good news. Firstly reports suggest...
James Gerrish
Market Matters
Daily Report

Stocks sold off ahead of UK election (WBC, LYC)

No sign of a Christmas rally today as stocks opened pretty well in early trade only to succumb to strength in the local currency which put pressure on stocks....
James Gerrish
Market Matters
Daily Report

IOOF get the go ahead (IFL, BOQ)

The local market initially bucked the overnight weakness seen in the US to chop around par for the morning before selling picked up at lunch to see the ASX200 close...
James Gerrish
Market Matters
Daily Report

Energy stocks underpin a positive session (EHE, VEA)

A positive start to the week in Oz although a gain of +23pts was a slight disappointment given the strong rally in US markets on Friday. Energy stocks the standout...
EHE
James Gerrish
Market Matters
Daily Report

Markets rebound as RBNZ releases revised capital requirements (WHC, MFG)

Cooler heads prevailed across the market today with the index opening higher and despite being choppy, it stayed higher throughout the session buoyed by positive...
James Gerrish
Market Matters
Daily Report

ASX200 now down 4.4% from recent highs (APT, NCK, RIO, OML)

The market hit hard again today taking the total decline from the 29th November high of 6893 on the ASX 200 to -303pts / -4.4% to today’s low of 6590, a meaningful...
APT
NCK
OML
+1
James Gerrish
Market Matters
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