Market Overview The S&P/ASX 200 closed up Wednesday, gaining 70.70 points or 0.80% to 8,927.80. The top performing stocks in this index were YANCOAL AUSTRALIA LIMITED and SILEX SYSTEMS LIMITED, up 9.00% and 6.69% respectively. Over the last five days, the index is virtually unchanged, but is currently 2.06% below its 52-week high. Index & […]
Daily ASX Market Commentary – 2026-02-03
Market Overview The S&P/ASX 200 closed up 78.50 points or 0.89% at 8,857.10 on Tuesday after rallying on Wall Street gains and stabilising metals prices. The index surged 117 points early but trimmed gains following the RBA’s cash rate hike to 3.85%, its first in over two years amid resurgent inflation. Miners and banks led […]
Daily ASX Market Commentary – 2026-02-02
Market Overview The ASX 200 closed lower on Monday as investors turned cautious ahead of Tuesday’s RBA Board meeting, with precious and base metal miners leading the selloff. The benchmark dropped 90.50 points or 1.02% to 8,778.60, marking its steepest loss in two months and crossing below its 125-day moving average. Global equity markets remained […]
Daily ASX Market Commentary – 2026-01-30
Market Overview The S&P/ASX 200 closed lower Friday, dropping 58.40 points or 0.65% to 8,869.10. The index spent most of the day drifting lower after an initial gain, with miners plunging as investors took profits from a 13% January rally. All Ordinaries lost 72.1 points or 0.78% to 9,164.8 amid a mixed Wall Street session. […]
Daily ASX Market Commentary – 2026-01-29
Market Overview The S&P/ASX 200 closed down 6.40 points at 8,927.50 on Thursday. Over the last five days, the index gained 0.89% and sits 2.06% off its 52-week high. Bottom performers included ILUKA RESOURCES LIMITED and ORA BANDA MINING LTD, down 14.09% and 13.43%. Index & Breadth The S&P/ASX 200 closed at 8,927.50, down 6.40 […]
Daily ASX Market Commentary – 2026-01-28
Market Overview The S&P/ASX 200 closed down 7.70 points at 8,933.90 on Wednesday. Over the last five days, the index gained 1.72% and sits 1.99% off its 52-week high. Information Technology led declines while Energy provided support amid mixed global cues. Index & Breadth The S&P/ASX 200 closed at 8,933.90, down 7.70 points or 0.086%. […]
Daily ASX Market Commentary – 2026-01-27
Market Overview The S&P/ASX 200 closed 0.92% higher, rising 81.50 points to 8,941.60 and reaching a new 3-month high. Strength in Telecommunications Services, Materials, and Health Care sectors drove the session, with gains in mining and technology stocks offsetting weakness in select industrial names. Falling stocks outnumbered advancing ones by 641 to 588, with 385 […]
Daily ASX Market Commentary – 2026-01-23
Market Overview The S&P/ASX 200 closed up Friday, gaining 11.40 points or 0.13% to 8,860.10. The index has lost 0.49% for the last five days, but has gained 5.75% over the last 52 weeks. Technology and materials sectors led gains amid resource strength. Index & Breadth The S&P/ASX 200 closed at 8,860.10, up 11.40 points […]
Daily ASX Market Commentary – 2026-01-22
Market Overview The S&P/ASX 200 snapped a three-day losing streak to close 0.75% higher at 8,848.7 points, driven by easing geopolitical tensions and a surprise rise in Australian employment that outweighed emerging rate hike expectations. US markets opened strongly overnight, with the Dow Jones Industrial Average gaining 1.21% and the Nasdaq Composite advancing 1.18%, providing […]
Daily ASX Market Commentary – 2026-01-21
Market Overview The S&P/ASX 200 closed lower on Wednesday, dropping 33.00 points or 0.37% to 8,782.90. The index crossed below its 125-day moving average amid a third straight session of declines influenced by weak US markets, where the Dow Jones fell 1.76% and the Nasdaq plunged 2.39%. The market has lost 0.43% over the last […]