Daily Market

Market Overview Monday’s session was defined by a sharp rotation into technology names, with a powerful rally in the sector almost entirely offsetting broad-based weakness across defensives, financials, and healthcare. The S&P/ASX 200 closed down just 2.30 points to 8,729.40, a result that flatters the underlying session — beneath the surface, most sectors finished in […]

Market Overview Friday’s session delivered one of the more convincing rallies of the year, with the ASX 200 breaking decisively above its 50-day moving average on broad-based buying that stretched across nearly every corner of the market. The index gained 138.80 points or 1.62% to close at 8,731.70, capping a week that added 0.86% in […]

Market Overview A broad risk-off session swept through the ASX on Thursday, with selling pressure concentrated in gold miners and financials dragging the benchmark index to its worst single-day loss in recent weeks. The S&P/ASX 200 fell 124.80 points or 1.43% to close at 8,592.90, breaching its 50-day moving average in a move that will […]

Market Overview A broad-based risk-on session carried the ASX 200 through a technically significant level on Wednesday, with the index closing above its 50-day moving average for the first time in recent weeks — a milestone that will encourage momentum-oriented buyers. The session’s gains were spread across nearly every corner of the market, with growth-sensitive […]

Market Overview A single stock did most of the damage on Tuesday, with ASX Limited’s dramatic 13.23% collapse dragging the broader financial sector and pulling the S&P/ASX 200 below its 20-day moving average in a session that was more idiosyncratic than systemic. The index shed 34.20 points or 0.39% to close at 8,657.80, a modest […]

Market Overview A commodity-driven rally lifted the ASX 200 on Monday, with surging coal and gold stocks doing the heavy lifting as the index crossed back above its 20-day moving average for the first time in recent sessions. The benchmark closed up 35.00 points or 0.40% to 8,692.00, extending what has been a solid five-day […]

Market Overview A commodity-driven bid provided the backbone of Friday’s session, with resources stocks carrying the ASX 200 to a modest but meaningful close as the week wound down. The index added 35.30 points or 0.41% to finish at 8,657.00, capping a week in which the benchmark gained 0.30% in total — a quiet but […]

Market Overview A broad-based relief rally swept through the ASX on Thursday, with cyclicals and rate-sensitive sectors driving the index to its best single-session gain in weeks. The S&P/ASX 200 added 125.10 points or 1.47% to close at 8,621.70, recovering meaningfully after having touched a new 20-day low earlier in the session — a classic […]

Market Overview A broad-based risk-off session gripped the ASX on Wednesday, with selling pressure spreading across nearly every corner of the market as the benchmark index posted its worst single-day loss in recent weeks. The S&P/ASX 200 dropped 108.10 points or 1.26% to close at 8,496.60, marking a fresh 20-day low and extending the index’s […]

Market Overview A broad-based recovery swept through the ASX on Tuesday, with defensive and rate-sensitive sectors leading a meaningful rebound after the index had touched a fresh 20-day low earlier in the session. The S&P/ASX 200 closed up 99.40 points or 1.17% at 8,604.70, clawing back ground following a week of soft price action that […]