Market Updates

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ASX 200 closes the day up 10 points to 7312 in a lacklustre week for a gain of just 17 points. Gold miners the superstars today with solid rises across the board, NCM up 3% and NST up 4.45%. Banks slightly on the nose  as bond yields under pressure. The Big Bank Basket falling to $182.36. Tech had a good day as APT rallied another 3.7% and the All Tech Index up 1.1%. Iron ore miners solid following Macquarie upgrading iron ore price forecasts. European markets looking slightly firmer at the open. G7 meeting and friends this weekend.

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ASX 200 closes up 32 to 7302. Dow futures up slightly and European markets opening slightly higher. Banks once again solid with the Big Bank Basket up to $183.75. IRE saw strong buying following an AFR suggestion that a broker was in the market looking for stock. The stock closed up over 16%. Industrials firmed with CSL up 0.4%, GMG up 2.3% and XRO up 3% with the All Tech Index up nearly 2%. Miners flat with BHP down 0.8%.

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ASX 200 ends a sloppy day on lows down 22 points at 7270 after a positive start was ambushed by Chinese PPI and consumer sentiment. The Big Bank Basket slid back to $182.92 and industrials fell with BKW firing up and building a 11.3% gain on its local and US outlook. ALU slipped 7.5% on bid concerns and the All Tech Index fell 0.6%. Miners firm on coal and iron ore prices but gold miners off slightly. 

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ASX 200 closes down 13 points to 7282 on a big day for corporate news. Two blockbuster bids for ALU up 39% and HSN up 22% kicked off some buying in other techs, APX up 6.1% and NXL up 6.2%. Elsewhere AUSTRAC launched a three pronged offensive on NAB, SGR and SKC on AML issues and governance. Miners better but banks slipped on NAB issues. Dow futures down 30 points. European markets opening flat.

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ASX 200 closes at yet another record up 35 points to 7295 (0.5%) Banks once again leading the charge with the Big Bank Basket up to $186.10. Miners under pressure as a higher USD took the gloss off commodity prices. Gold miners especially  hard hit. Tech under pressure but industrials taking up the slack, even TLS rose 1.7%. Non-farm payrolls tonight. Forecast of 650,000 jobs added and headline rate of 5.9%. But could be anything after last month.

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ASX 200 hits another record close up 42 points to 7260. Banks leading the charge with the Big Bank Basket up to $183.60. Miners were mixed but out of the limelight. Industrials shone with WOW up 1.5% and tech stocks firmed with APT up 3.3%. Big gainer today was SZL on a three year deal with Target Corp and WES fell 2% as it held an investor day.

ASX 200 closed down 19 at 7143 in lacklustre trade. RBA kept rates on hold but pointed to more excitement next month perhaps. Banks sold off with the Big Bank Basket dropping $1 to $180.70. Chinese PMI data and iron ore prcies helped miners find buyers, BHP up 0.1% and FMG up 1.7%. Energy stocks firmed ahead of OPEC plus with WPL up 1.4% and STO up 2.1%. Tech flat but infant formula and baby related stocks did well as China went to a three child policy. Seems like Peter Costello was a man ahead of his time with his three child policy.

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ASX 200 closes down 18 points at 7162 after touching 7200 briefly. Big falls in NXL on yet another downgrade falling 17.8% and BET down 13% as it struggles to sell its TAH wagering division bid.  Big banks fell with the basket at $181.80 and BHP dropped 0.6% on driver shortage in Pilbara. Tech stocks mixed but All Tech Index down 0.8%.

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ASX 200 closes up only 2.4 points to 7094.9 on a soft match out. Dow Futures down 30 points. Banks slid with the Big Bank basket down to $180.11 and CBA dropping 0.6% on its investor day. Big Miners did ok with FMG up 4.9%. CGC got smashed down 24% on growth outlook disappointment and FPH came in below estimates falling 6%. AMP had a rare day up 8.5% and TPG also on the podium up 8.0%. Victorian lockdown weighs but travel stocks firm, WEB up 1.4%.

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ASX 200 falls 23 to 7092 (0.3%) in a late sell off. Big miners were under pressure from the off with BHP down 2.4% and FMG down 2.3%. Copper stocks took a beating today as OZL fell 5%. Banks flat as CBA hit $100 briefly for the first time in 109 years. Industrials mixed, ALQ up 12.8% on solid results, KGN sees selling again falling 5.7%. All Tech Index up 1.3% as APT rallies 0.9% and XRO up 1.5%. CSL slipped 1% and FPH continue to see selling down 2.7%. European markets opening firm. Dow futures up 80 points.