Market Updates

Marcus Today End of Day Podcast – Thursday 24th August


Listen Later

ASX 200 rose 34 points to 7191 (0.5%). A solid grind higher with banks in demand. The Big Bank Basket up to $174.99 (+1.1%). CBA the standout with a 1.2% gain and WBC continues to find friends post-result up 1.4%. MQG had a solid day today up 1.8%, with insurers flat. MPL up 2.6% with results pleasing. REITs rallied as GMG up 0.5% and SCG up 1.9%. Industrials mixed, TLS eased back 0.7%, Tech better led by WTC bouncing 8.1% as buyers nibbled, the All-Tech Index rallied 2.4% as XRO rose 3.5% and ALU up 4.9%. Nvidia results perking up the whole sector. Old skool platforms doing better REA up 2.4%, and SEK rallying 1.4%. Staples still suffering a little. Healthcare slightly firmer, with CSL up 0.3% and SHL rallying 0.6%. RHC suffered as earnings disappointed, down 12.0%. In resources, iron ore stocks muted, Lithium stocks better, LRS leading the charge up 4.5%. PLS up 2.4%, and gold miners better. NST reported good results up 5.2%. Oil and gas bounced with WDS up 1.5% as strike now looks unlikely. In corporate news, plenty of action, QAN up 0.8% on record profits. APA fell 3.4% after the capital raise, IFL fell 10.7% on its underwhelming numbers. PTM also dipped 4.6% on results after hours last night. NEC slightly better than forecast, up 0.5%. CGC fell 10.8% on a trading update and worries on takeover bid, SIQ led the salary sacrifice sector lower on weaker-than-expected results, down 10.0%. Nothing on the economic front. Asian markets catching the Nvidia tailwinds up across the board. 10-year yields falling hard too. Dow Futures up 43 points. Nasdaq Futures up 186 points.

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

Make life simple.
Invest with Marcus Today.

...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

90 Listeners

NAB Morning Call by Phil Dobbie

NAB Morning Call

18 Listeners

The Money Puzzle by The Australian

The Money Puzzle

44 Listeners

Your Wealth by NAB

Your Wealth

8 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

62 Listeners

Australian Investors Podcast by Rask

Australian Investors Podcast

20 Listeners

Buy Hold Sell, by Livewire Markets by Livewire Markets

Buy Hold Sell, by Livewire Markets

3 Listeners

Podcast Archive by Marcus Today

Podcast Archive

0 Listeners

FEAR & GREED | Business News by Fear and Greed

FEAR & GREED | Business News

7 Listeners

The Money Café with Alan Kohler by Intelligent Investor

The Money Café with Alan Kohler

33 Listeners

On the Couch by Marcus Today

On the Couch

3 Listeners

Chanticleer by Australian Financial Review

Chanticleer

20 Listeners

The Fin by Australian Financial Review

The Fin

23 Listeners

5 in 5 with ANZ by ANZ

5 in 5 with ANZ

5 Listeners