Market Updates

End of Day - Mon Oct 25


Listen Later

  • The ASX 200 rises 26 points to 7441 (0.3%) After slight wobble mid-morning. Mixed session with an upside bias as commodity stocks pushed higher and banks rallied slightly. The Big Bank Basket up to $188.34 (0.35%) with MQG up 0.7% over the $200 level. Insurers pushed higher, QBE up 0.9%.  Industrials firmed with consumer stocks in focus, WOW up 1.5% WES up 0.8% and TWE up 1.7%. 
  • Technology mixed as APT followed Square lower by 2.8% though XRO rose 1.5% and WTC up 0.7% with the All-Tech Index down 0.6%. Resources firmed, BHP up 0.7%, FMG rising 1.0% and gold miners also doing well, NCM up 1.4% and DEG up 3.2%. Oil and gas took heart from rising oil prices and the ORG deal to sell 10% of its LNG business. WPL up 3.9% and STO up 3.8%. 
  • In corporate news, TLS pulled off a great deal buying Digicell with government money in the main. The stock rose 2.7% on the news, MIN resumed production at Wodgina rising 9.0% and lithium stocks generally were back in demand on stronger underlying commodity prices. ORG rose 3.9% after its LNG sale, PDN up 4.3% on positive commentary for uranium outlook. SIQ dropped 10.6% after private equity adjusted price down and board disengaged. 10-year yields unchanged at 1.78% 

Why not sign up for a free trial? Get access to expert insights and independent research and become a better investor.

...more
View all episodesView all episodes
Download on the App Store

Market UpdatesBy Marcus Today


More shows like Market Updates

View all
CommSec Market Update by CommSec

CommSec Market Update

9 Listeners

Motley Fool Money by LiSTNR

Motley Fool Money

93 Listeners

NAB Morning Call by Phil Dobbie

NAB Morning Call

19 Listeners

The Money Puzzle by The Australian

The Money Puzzle

46 Listeners

Your Wealth by NAB

Your Wealth

5 Listeners

The Rules of Investing by Livewire Markets

The Rules of Investing

13 Listeners

Equity Mates Investing Podcast by Equity Mates Media

Equity Mates Investing Podcast

59 Listeners

Australian Investors Podcast by Rask

Australian Investors Podcast

22 Listeners

Buy Hold Sell, by Livewire Markets by Livewire Markets

Buy Hold Sell, by Livewire Markets

4 Listeners

Podcast Archive by Marcus Today

Podcast Archive

0 Listeners

FEAR & GREED | Business News by Fear and Greed

FEAR & GREED | Business News

9 Listeners

The Money Café with Alan Kohler by Intelligent Investor

The Money Café with Alan Kohler

27 Listeners

On the Couch by Marcus Today

On the Couch

7 Listeners

Chanticleer by Australian Financial Review

Chanticleer

8 Listeners

The Fin by Australian Financial Review

The Fin

17 Listeners

5 in 5 with ANZ by ANZ

5 in 5 with ANZ

3 Listeners