Materials off 9.73% and Info Tech down 11.64% tells the macro story: risk-off pressure hit growth and commodity-linked names hardest. Health Care's +2.08% gain signals a defensive rotation was underway. #ASX#mining#ausbiz
๐ ASX 200 shed 4.21% for the period, closing at 8,709.30. A 0.34% bounce on the final session masked a bruising run โ the index lost 0.55% in the last five days alone and is virtually flat year to date. #ASX#ausbiz
CODAN LIMITED surged 23.93% to lead the ASX 200, with MEGAPORT LIMITED close behind at +9.44%. Two names bucking a market down 4.21% โ standout outperformance in a month where most sectors fell. #ASX#ausbiz
ASX is flat year-to-date and down 0.55% over five days. The index sits at 8,709.30 โ watch whether IT can sustain Tuesday's 4.61% sector surge. Does tech hold the gains, or does this fade by Friday? Drop your call below. #ASX#ausbiz#investing
๐ Tech dragged the ASX higher Tuesday as the index added 29.60 pts or 0.34% to 8,709.30 โ but the real story is IT surging 4.61% while Energy and Utilities sold off. Breadth was mixed. The headline flatters the tape. #ASX#ausbiz
๐ช Gold at AUD 5,976.34/oz with AUD/USD at 0.6991. Silver AUD 87.60/oz, Platinum AUD 2,442.15/oz. A softer Aussie dollar amplifies local metals prices โ Materials sector +1.02% today reflects exactly that dynamic. #gold#metals#ASX#ausbiz
Materials fell -1.34% despite gold strength. The question this week: can gold break AUD 6,000/oz? If AUD softens further, that level is close. Where do you see gold by Friday? #gold#ASX#ausbiz
New 50-day low set, then buyers stepped in. ASX 200 closed +0.17% at 8,679.70, up 14.70pts. Health Care and Financials carried the index while Materials dragged. Flat YTD but the low is a flag worth watching. #ASX#ausbiz
Gold at AUD 5,970.77/oz with AUD/USD at 0.7019. Silver AUD 87.55/oz. A softer AUD amplifies every gold move for local producers โ watch that FX handle closely. #gold#silver#commodities#ASX
Tuesday's RBA decision is the calendar risk. Market prices on hold at 4.10%. A hawkish hold lifts AUD and squeezes property. A dovish tilt sparks a rate-sensitive rally. Which way are you positioned? #ASX#RBA#ausbiz#property
๐บ ASX closed at 8,431 points last week as US rate cut bets firmed. The central tension: can materials hold the rally if China stimulus disappoints? Cautiously bullish โ but the 8,500 ceiling is the test. #ASX#ausbiz#macro
S&P 500 closed at 5,611 โ holding above its 50-day. Fed's preferred PCE print lands Friday US time. A hot read reprices rate cuts and hits AUD, dragging yield-sensitive ASX sectors at Monday's open. #ASX#ausbiz#Fed#inflation
ASX is flat year-to-date but just set a 50-day low. Does the index hold 8,665 next week or does that level crack? Watch US tech overnight โ if it steadies, local IT bounces. Drop your level below. #ASX#ausbiz#investing
๐ ASX 200 hit a new 50-day low Friday, closing at 8,665 down 37pts or 0.43%. Tech led the selloff. Five-day loss sits at 0.76%, yet the index is flat year-to-date โ a market treading water, not drowning. #ASX#ausbiz
๐ช Gold sits at AUD 6,134.45/oz with AUD/USD at 0.7022. Silver at AUD 91.24/oz. Metals priced firm in local terms, yet Materials still dropped 0.84% โ the softer AUD cushioned prices but didn't save the sector. #gold#silver#ASX#metals