News | Market Wraps
Evening Wrap: ASX 200 ekes gain on stronger tech as Paladin update hits uranium stocks, golden run grinds to halt
The S&P/ASX 200 closed 10.2 points higher, up 0.12%.
Mentioned
The S&P/ASX 200 closed 10.2 points higher, up 0.12%.
Digging stuff out of the ground is a tough gig. It requires massive initial and ongoing investment, and then you're fortunes swing on volatile commodity prices and often-as-volatile input costs and production issues.
In a nutshell, one ore more of the items of costs, production issues, and commodity prices are to blame for uranium miner Paladin Energy's (PDN) 15.3% share price plunge today. Fears that PDN's challenges are more broadly representative of other ASX uranium stocks dragged on the wider sector.
Elsewhere, the ASX Gold sub-index (XGD) was substantially the worst performing sector today as (I suspect) Newmont Mining's (NEM) third quarter report released last week sent similar nervous shivers through the ASX gold sector. NEM shares rose 2.6% today, but are down over 17% over the last 3 trading sessions.
Aussie gold stocks have had a very good run, though, and in the absence of any move in the gold price since Friday, today's dip might also have a slight profit taking element attached to it.
Click/scroll through for the usual reporting of the major sector and stock-specific moves, the broker responses to them, as well as all of the key upcoming economic data in tonight's Evening Wrap.
Also, I have detailed technical analysis on the Nasdaq Composite and US and Australian 10-year Bond Yields in today's ChartWatch.
Let's dive in!
Today in Review
Mon 28 Oct 24, 4:58pm (AEST)
Name | Value | % Chg |
|---|---|---|
Major Indices | ||
| ASX 200 | 8,221.5 | +0.12% |
| All Ords | 8,478.2 | +0.13% |
| Small Ords | 3,169.0 | -0.10% |
| All Tech | 3,504.5 | +1.32% |
| Emerging Companies | 2,332.2 | -0.17% |
Currency | ||
| AUD/USD | 0.6587 | -0.27% |
US Futures | ||
| S&P 500 | 5,872.0 | +0.44% |
| Dow Jones | 42,473.0 | +0.36% |
| Nasdaq | 20,619.0 | +0.59% |
Name | Value | % Chg |
|---|---|---|
Sector | ||
| Information Technology | 2,573.0 | +1.97% |
| Consumer Discretionary | 3,707.6 | +0.97% |
| Materials | 17,455.1 | +0.75% |
| Industrials | 7,340.2 | +0.39% |
| Communication Services | 1,620.7 | +0.28% |
| Health Care | 45,319.2 | +0.23% |
| Consumer Staples | 12,178.9 | -0.21% |
| Financials | 8,509.5 | -0.42% |
| Real Estate | 3,926.8 | -0.53% |
| Energy | 8,823.6 | -0.54% |
| Utilities | 8,541.3 | -0.58% |
Markets
ASX 200 Session Chart
The S&P/ASX 200 (XJO) finished 10.2 points higher at 8,221.5, 0.27% from its session low and just 0.06% from its high. In the broader-based S&P/ASX 300 (XKO), advancers lagged decliners by a narrow 137 to 139.
The Information Technology (XIJ) (+2.0%), saw broad-based gains today, this time not relying on sector heavyweight Wisetech Global (ASX: WTC) (+0.89%) for direction, as US tech stocks nudged another record high on Friday (see ChartWatch section below for full technical analysis).
Consumer Discretionary (XDJ) (+1.0%), was also stronger, potentially ahead of important retail sales data due Thursday but also forecast better inflation data due Tuesday (see Economy section below for more information).
Resources (XJR) (+0.55%) also did well, despite a major drag from gold stocks. Ultimately gains in iron ore majors Fortescue (ASX: FMG) (+2.2%), Rio Tinto (ASX: RIO) (+1.7%), and BHP Group (ASX: BHP) (+1.3%) were enough to outweigh the drag, as the iron ore price continued its rebound in Singapore today (up 1.65% at the time of writing and 3.8% since Friday morning).
Company | Last Price | Change $ | Change % | 1mo % | 1yr % |
|---|---|---|---|---|---|
Cettire (CTT) | $2.14 | +$0.09 | +4.4% | +16.0% | -17.1% |
Liontown Resources (LTR) | $0.920 | +$0.03 | +3.4% | +17.2% | -49.2% |
Pilbara Minerals (PLS) | $2.83 | +$0.09 | +3.3% | -10.4% | -27.1% |
Codan (CDA) | $15.86 | +$0.5 | +3.3% | -1.7% | +95.1% |
Megaport (MP1) | $7.15 | +$0.22 | +3.2% | -4.7% | -37.9% |
Nextdc (NXT) | $16.49 | +$0.48 | +3.0% | -4.2% | +38.6% |
Life360 (360) | $21.90 | +$0.6 | +2.8% | +13.9% | +184.4% |
Macquarie Technology Group (MAQ) | $80.54 | +$2.18 | +2.8% | -2.9% | +27.8% |
Newmont Corporation (NEM) | $72.60 | +$1.86 | +2.6% | -9.4% | 0% |
Xero (XRO) | $151.15 | +$3.75 | +2.5% | +1.6% | +39.4% |
Bluescope Steel (BSL) | $21.19 | +$0.49 | +2.4% | -3.2% | +14.6% |
Audinate Group (AD8) | $8.79 | +$0.2 | +2.3% | -10.5% | -36.5% |
Corporate Travel Management (CTD) | $11.78 | +$0.26 | +2.3% | -9.2% | -30.7% |
Stanmore Resources (SMR) | $3.21 | +$0.07 | +2.2% | +4.6% | -13.7% |
Fortescue (FMG) | $19.41 | +$0.42 | +2.2% | -3.4% | -11.9% |
Iluka Resources (ILU) | $5.96 | +$0.12 | +2.1% | -13.4% | -15.0% |
Rio Tinto (RIO) | $120.12 | +$2.04 | +1.7% | -5.8% | +3.3% |
Technology One (TNE) | $24.55 | +$0.41 | +1.7% | +3.2% | +60.9% |
Siteminder (SDR) | $6.62 | +$0.11 | +1.7% | +6.8% | +66.3% |
Wesfarmers (WES) | $69.09 | +$1.08 | +1.6% | -2.3% | +36.0% |
Champion Iron (CIA) | $5.94 | +$0.08 | +1.4% | -18.6% | -6.9% |
BHP Group (BHP) | $42.96 | +$0.57 | +1.3% | -4.0% | -3.9% |
The strongest stocks from the strongest ASX sectors today
As noted above, the Gold (XGD) (-2.5%) sub-index did it the toughest today. There really wasn’t anything specific to explain the decline, however the Newmont Corporation (ASX: NEM) (+2.6%) third quarter report that warned of rising cost across its operations is no doubt weighing on sentiment.
As noted above, the Gold (XGD) (-2.5%) sub-index did it the toughest today. There really wasn’t anything specific to explain the decline, however the Newmont Corporation (ASX: NEM) (+2.6%) third quarter report that warned of rising cost across its operations is no doubt weighing on sentiment.
Elsewhere, interest rate sensitive sectors like Utilities (XUJ) (-0.59%) and Real Estate Investment Trusts (XPJ) (-%) sagged under the weight of rising market yields. I’ve got some very interesting (disturbing!) charts on market yields in ChartWatch below.
Company | Last Price | Change $ | Change % | 1mo % | 1yr % |
|---|---|---|---|---|---|
Northern Star Resources (NST) | $17.28 | -$1.01 | -5.5% | +6.5% | +42.8% |
Westgold Resources (WGX) | $3.13 | -$0.16 | -4.9% | +15.1% | +61.3% |
Perseus Mining (PRU) | $2.84 | -$0.12 | -4.1% | +6.4% | +65.6% |
Ramelius Resources (RMS) | $2.33 | -$0.09 | -3.7% | +2.6% | +39.1% |
Catalyst Metals (CYL) | $3.39 | -$0.13 | -3.7% | +21.9% | +421.5% |
Genesis Minerals (GMD) | $2.44 | -$0.09 | -3.6% | +13.5% | +66.0% |
Resolute Mining (RSG) | $0.845 | -$0.02 | -2.3% | +9.0% | +141.4% |
Gold Road Resources (GOR) | $1.905 | -$0.045 | -2.3% | +9.5% | +6.1% |
HMC Capital (HMC) | $10.13 | -$0.23 | -2.2% | +29.0% | +118.3% |
Regis Resources (RRL) | $2.74 | -$0.06 | -2.1% | +34.3% | +57.9% |
AGL Energy (AGL) | $11.34 | -$0.24 | -2.1% | -5.3% | +8.0% |
Evolution Mining (EVN) | $5.17 | -$0.1 | -1.9% | +10.2% | +40.1% |
Capricorn Metals (CMM) | $6.26 | -$0.12 | -1.9% | +6.1% | +36.4% |
Centuria Capital Group (CNI) | $1.900 | -$0.03 | -1.6% | -10.4% | +53.2% |
Abacus Storage King (ASK) | $1.285 | -$0.02 | -1.5% | -2.3% | +26.0% |
Arena Reit. (ARF) | $4.06 | -$0.06 | -1.5% | -3.6% | +23.0% |
Emerald Resources (EMR) | $4.22 | -$0.06 | -1.4% | +5.5% | +52.3% |
Mirvac Group (MGR) | $2.18 | -$0.03 | -1.4% | -0.9% | +12.1% |
Hotel Property Investments (HPI) | $3.56 | -$0.04 | -1.1% | -4.8% | +32.3% |
West African Resources (WAF) | $1.810 | -$0.02 | -1.1% | +1.4% | +144.6% |
The weakest stocks from the weakest ASX sectors today
ChartWatch
NASDAQ Composite Index
Alert, not alarmed!
The last time we covered the Comp was in ChartWatch in the Evening Wrap on 16 October.
In that update, looking at the 15 Oct black candle, I said it was a “credible supply-side showing” and that "it should be noted as less than ideal for the continuation of the prevailing short term uptrend”. But, as is my preference in strong bull trends, I concluded that “when put in context against broader trend, price action, candles, and dynamic demand factors – we should be far from alarmed at this point”
Ditto for today. As expected demand was indeed found in the short term uptrend ribbon on Weds-Thurs, and a state of excess demand continued into Friday’s early trade. However, as can be witnessed in the upward pointing shadow in that last day’s trade – supply came in to soak up the cash, and push prices back to the low of the session by the close.
Your eye should be now so attuned to reading candlesticks, price action, trends, and static and dynamic points of supply and demand – that you are completely unsurprised by Friday’s result. We expect excess supply around 18671 – the standing all time high. We got it.
But as we often say here, first tests are rarely successful. It can often take two, three, or more probes of a major supply zone to fully remove the excess supply lurking there. Judging by the next charts, I put to you if the Comp can do it – it will be an emphatic stamp of approval for this bull market.
Demand remains at the short term trend ribbon (dynamic), and then in a band between 17767-18146. The short term trend remains intact as long as the Comp continues to close above these points.
It’s a grind…I suggest downside volatility is creeping ever so slightly higher…but again – I see no reason to doubt the prevailing short and long term trends at this stage = Alert, not alarmed!
US 10-year T-Bond Yield
Risk free bond yields are ignorant investing bliss!
We haven’t looked at bonds officially in ChartWatch for a while and given some of the moves in global bond yields – I figured we can’t put it off any longer.
The Comp chart above is even more extraordinary when one considers this next chart, of the US 10-year T-Bond Yield.
A quick reminder (yes again, because apart from “follow the trend”, and “manage your risk” it’s kinda the third most important thing I keep telling you here!) bond yields represent the price of risk-free money. It’s the yield you can get by not having to stress about CEO’s tax and bedroom antics, expenses, revenues, margins, balance sheet, the military junta nationalising your mine etc. etc. etc. etc. You get the picture!
Risk free bond yields are ignorant investing bliss. So, if risk-free yields are rising – for the most part – it means the returns on infinitely risky stocks look far less attractive.
And looking at the chart above, boy-o-boy have they been rising! Granted markets were just plain silly in forecasting a dire imminent US recession and the Fed slashing rates in response…and instead we’ve only seen stronger US economy data and a Fed stating they’re prepared to take a relaxed approach to monetary easing…
This explains the massive about face in market yields, and given the latter (stronger economy than expected), it hasn’t derailed the stock market so far.
So far. Because a rising 10 year yield like that seen in the chart above, and the one below of the Australian counterpart to bring this analysis back home – must at some point begin to have a substantial negative impact on the ability of share prices to continue to rise.
Australian Government Bond Yield chart
Where that tipping point is, is so far yet to be seen. But rest assured you will read about it here in ChartWatch when it occurs!
(What you’re seeing in the charts above: US 10’s ⬆️% increase since 17 Sep = 0.673% = nearly 3 x 0.25% Fed rate hikes!!! AU 10’s ⬆️% increase since 17 Sep = 0.71% = nearly 3 x 0.25% RBA rate hikes!!! Also note below, in the Economy section, several massive risk events for markets this week that could wreak havoc on stock and bond markets including: AUS CPI, USA PCE & NFP, and a BOJ meeting. Quite a set of 3-letter acronyms!)
Economy
Today
There weren't any major data releases in our time zone today
Later this week
Tuesday
No major data releases scheduled
Wednesday
01:00 USA Consumer Confidence October (99.2 forecast vs 98.7 previous)
01:00 USA JOLTS Job Openings September (7.92 million forecast vs 8.04 million)
11:30 AUS Consumer Price Index (CPI)
Monthly, September: +2.3% p.a. forecast vs +2.7% p.a. in August
September Quarter Trimmed Mean: +0.7% q/q and +3.5% p.a. vs +0.8% q/q and +3.9% p.a. in June
23:30 USA Advance GDP September Quarter (+3.0% p.a. vs +3.0% p.a. in June
Thursday
11:30 AUS Retail Sales September (+0.3% m/m forecast vs +0.7% August)
12:30 CHN Purchasing Managers' Index (PMI) October
Manufacturing: 50.5 forecast vs 49.8 in September
Non Manufacturing: 50.5 forecast vs 50.0 in September
13:00 (Tentative, from) JPN Bank of Japan (BOJ) Policy Rate & Monetary Policy Statement (no change forecast at <0.25%)
23:30 USA Core PCE Price Index m/m September (+0.3% m/m and +2.8% p.a. forecast vs +0.1% m/m and +2.8% p.a. in August)
Friday
12:45 CHN Caixin Manufacturing PMI October (49.7 forecast vs 49.3 in September)
00:30 USA Non Farm Payrolls September
Employment change: 111,000 forecast vs 254,000 in August
Average hourly earnings: +0.3% m/m forecast vs +0.4% m/m in August
Unemployment rate: 4.1% forecast, no change vs August
Saturday
01:00 USA ISM Manufacturing PMI September (47.5 forecast vs 47.2 in August)
Latest News
Interesting Movers
Trading higher
+12.7% Ioneer (INR) - Continued positive response from 25 October Rhyolite Ridge Project Receives Final Permit Approval, rise is consistent with prevailing short term uptrend, long term trend is transitioning from down to up (has been a recent regular in ChartWatch Daily Scans Uptrends lists!) 🔎📈
+12.5% Vulcan Energy Resources (VUL) - Vulcan achieves world first S&P Global Dark Green rating, rise is consistent with prevailing short term and long term uptrends (also has been a recent regular in ChartWatch Daily Scans Uptrends lists!) 🔎📈
+6.1% Botanix Pharmaceuticals (BOT) - September 2024 Quarterly Activities Report and Appendix 4C, bounced off long term uptrend ribbon, now needs to close back above short term uptrend ribbon and revert back to rising peaks and rising troughs to signal continuation of long term uptrend
+4.5% Core Lithium (CXO) - No news, generally stronger ASX lithium sector today on +2% gain in lithium futures price in China
+4.3% Droneshield (DRO) - Continued positive response from 25 October October 2024 Investor Presentation and Quarterly Activities/Appendix 4C Cash Flow Report, retained at buy at Shaw and Partners with a $1.20 price target
+3.7% Whitehaven Coal (WHC) - Continued positive response from 25 October September 2024 Quarterly Report, several broker updates today - generally positive, including 2 x rating upgrades (to POSITIVE from NEUTRAL at E&P and to BUY from NEUTRAL at Goldman Sachs). See Broker Moves section below for more details
+3.6% Resmed Inc (RMD) - Continued positive response from 25 October ResMed Announces Results for the First Quarter of FY2025, several broker updates today - generally positive, including 4 decent price target increases. See Broker Moves section below for more details
+3.4% Liontown Resources (LTR) - Ditto stronger ASX lithium sector today on rising lithium futures price
+3.3% Pilbara Minerals (PLS) - Ditto stronger ASX lithium sector today on rising lithium futures price
Trading lower
-15.3% Paladin Energy (PDN) - Quarterly Activities Report - September 2024 and Quarterly Cashflow Report - September 2024 - "some short-term operational challenges were encountered which impacted ore feed, recovery rates and production volumes." Closed below long term uptrend ribbon ⚠️
-6.6% Alkane Resources (ALK) - No news, generally weaker gold sector today - no change in the gold price…
-5.8% Boss Energy (BOE) - No news, likely tagged by PDN news
-5.5% Northern Star Resources (NST) - No news, ditto weaker ASX golds…
-5.1% Peninsula Energy (PEN) - No news, ditto weaker ASX uraniums…
-4.9% Adriatic Metals (ADT) - Shareholder Presentation Q3 2024 Results and Quarterly Activities Report & Cashflow, but ditto weaker ASX golds…silver price slightly weaker since Friday, but lead and zinc sharply lower likely not helping here…
-4.9% Westgold Resources (WGX) - No news, ditto weaker ASX golds…
-4.1% Perseus Mining (PRU) - No news, ditto weaker ASX golds…
-3.7% Ramelius Resources (RMS) - No news, ditto weaker ASX golds…
-3.6% Genesis Minerals (GMD) - No news, ditto weaker ASX golds…
Broker Notes
Aussie Broadband (ABB)
Retained at buy at Ord Minnett; Price Target: $4.42 from $4.18
Australian Clinical Labs (ACL)
Retained at buy at Citi; Price Target: $3.60
Retained at buy at Ord Minnett; Price Target: $3.90 from $3.35
Adairs (ADH)
Retained at hold at Bell Potter; Price Target: $2.50 from $2.00
Retained at buy at Canaccord Genuity; Price Target: $2.80 from $2.50
Retained at hold at CLSA; Price Target: $2.40 from $1.75
Retained at hold at Ord Minnett; Price Target: $2.50 from $2.10
Retained at neutral at UBS; Price Target: $2.25 from $2.00
Auckland International Airport (AIA)
Retained at outperform at Macquarie; Price Target: NZ$9.11 from NZ$9.30
Amcor (AMC)
Retained at neutral at UBS; Price Target: $16.65
ANZ Group (ANZ)
Retained at sell at Citi; Price Target: $25.00
Antipa Minerals (AZY)
Retained at buy at Shaw and Partners; Price Target: $0.04
BHP Group (BHP)
Retained at buy at Citi; Price Target: $46.00
Boab Metals (BML)
Retained at buy at Shaw and Partners; Price Target: $0.40
Boss Energy (BOE)
Retained at buy at Bell Potter; Price Target: $5.70
Chrysos Corporation (C79)
Retained at buy at Shaw and Partners; Price Target: $7.20
Car Group (CAR)
Retained at buy at Citi; Price Target: $39.50
Catapult Group International (CAT)
Retained at buy at Bell Potter; Price Target: $2.88 from $2.75
Commonwealth Bank of Australia (CBA)
Retained at sell at Citi; Price Target: $91.50
COG Financial Services (COG)
Retained at buy at Bell Potter; Price Target: $1.50 from $1.75
Droneshield (DRO)
Retained at buy at Shaw and Partners; Price Target: $1.20
Ebos Group (EBO)
Retained at outperform at Macquarie; Price Target: $40.50
Helloworld Travel (HLO)
Retained at buy at Shaw and Partners; Price Target: $3.50
Insignia Financial (IFL)
Retained at hold at Ord Minnett; Price Target: $3.20 from $2.55
Judo Capital (JDO)
Retained at buy at Ord Minnett; Price Target: $1.80
Lotus Resources (LOT)
Retained at buy at Bell Potter; Price Target: $0.50
Mineral Resources (MIN)
Retained at sell at UBS; Price Target: $35.00
McMillan Shakespeare (MMS)
Retained at buy at Citi; Price Target: $20.05
Retained at overweight at Morgan Stanley; Price Target: $20.00
Macquarie Group (MQG)
Retained at sell at Citi; Price Target: $176.00
Metcash (MTS)
Retained at neutral at Citi; Price Target: $3.40 from $4.00
Retained at overweight at Jarden; Price Target: $4.30 from $4.40
Downgraded to hold from buy at Jefferies; Price Target: $3.40 from $4.10
Retained at overweight at JP Morgan; Price Target: $4.00 from $4.50
Downgraded to neutral from outperform at Macquarie; Price Target: $3.45 from $4.20
Retained at equal-weight at Morgan Stanley; Price Target: $3.83
Retained at buy at Ord Minnett; Price Target: $4.10 from $4.30
National Australia Bank (NAB)
Retained at sell at Citi; Price Target: $26.50
Newmont Corporation (NEM)
Retained at outperform at Macquarie; Price Target: $80.00 from $90.00
Pinnacle Investment Management Group (PNI)
Retained at outperform at Macquarie; Price Target: $21.25 from $18.18
Retained at add at Morgans; Price Target: $21.50 from $18.00
Retained at buy at Ord Minnett; Price Target: $23.00 from $20.00
Qantas Airways (QAN)
Retained at positive at E&P; Price Target: $8.66 from $7.30
Downgraded to overweight from buy at Jarden; Price Target: $8.15 from $7.10
Retained at outperform at Macquarie; Price Target: $8.40 from $6.60
Downgraded to hold from add at Morgans; Price Target: $8.50 from $7.50
Retained at buy at Ord Minnett; Price Target: $10.00 from $8.00
Retained at buy at UBS; Price Target: $8.60
Reece (REH)
Retained at underweight at Morgan Stanley; Price Target: $18.00 from $19.00
Rural Funds Group (RFF)
Retained at buy at Bell Potter; Price Target: $2.50
Resmed Inc (RMD)
Retained at neutral at Citi; Price Target: $38.00 from $24.00
Retained at outperform at Macquarie; Price Target: $41.10 from $37.80
Retained at add at Morgans; Price Target: $41.33 from $35.93
Retained at accumulate at Ord Minnett; Price Target: $40.05 from $39.25
Reliance Worldwide Corporation (RWC)
Retained at add at Morgans; Price Target: $6.10 from $5.75
Siteminder (SDR)
Retained at buy at Citi; Price Target: $7.20
Santana Minerals (SMI)
Retained at buy at Bell Potter; Price Target: $0.98 from $2.93
Strike Energy (STX)
Retained at buy at Bell Potter; Price Target: $0.29
Super Retail Group (SUL)
Downgraded to underweight from marketweight at Wilsons; Price Target: $12.90 from $16.10
Telix Pharmaceuticals (TLX)
Retained at hold at Bell Potter; Price Target: $21.60 from $21.30
Temple & Webster Group (TPW)
Retained at buy at Citi; Price Target: $13.50
Westpac Banking Corporation (WBC)
Retained at sell at Citi; Price Target: $24.75
Wesfarmers (WES)
Retained at sell at Citi; Price Target: $61.00
Whitehaven Coal (WHC)
Retained at buy at Bell Potter; Price Target: $9.00
Retained at buy at Citi; Price Target: $8.00 from $7.60
Upgraded to positive at E&P; Price Target: $8.30
Upgraded to buy at Goldman Sachs; Price Target: $7.90 from $6.40
Retained at buy at Jefferies; Price Target: $8.50
Retained at outperform at Macquarie; Price Target: $7.75 from $7.50
Retained at overweight at Morgan Stanley; Price Target: $8.35
Retained at add at Morgans; Price Target: $9.65 from $10.00
Retained at buy at Ord Minnett; Price Target: $9.00 from $8.80
Scans
Top Gainers
Code | Company | Last | % Chg |
|---|---|---|---|
| AZ9 | Asian Battery Metals Plc | $0.077 | +63.83% |
| LIS | Li-S Energy Ltd | $0.185 | +54.17% |
| UCM | Uscom Ltd | $0.027 | +50.00% |
| VR1 | Vection Technologies Ltd | $0.019 | +35.71% |
| TMG | Trigg Minerals Ltd | $0.047 | +30.56% |
Top Fallers
Code | Company | Last | % Chg |
|---|---|---|---|
| EQN | Equinox Resources Ltd | $0.13 | -38.10% |
| EWC | Energy World Corporation Ltd | $0.02 | -23.08% |
| VNL | Vinyl Group Ltd | $0.125 | -21.88% |
| GRV | Greenvale Energy Ltd | $0.028 | -20.00% |
| VAR | Variscan Mines Ltd | $0.014 | -17.65% |
52 Week Highs
Code | Company | Last | % Chg |
|---|---|---|---|
| AZ9 | Asian Battery Metals Plc | $0.077 | +63.83% |
| TMG | Trigg Minerals Ltd | $0.047 | +30.56% |
| SPD | Southern Palladium Ltd | $0.65 | +18.18% |
| JBY | James Bay Minerals Ltd | $0.70 | +16.67% |
| AYA | ARTRYA Ltd | $0.55 | +13.40% |
52 Week Lows
Code | Company | Last | % Chg |
|---|---|---|---|
| EQN | Equinox Resources Ltd | $0.13 | -38.10% |
| TOU | Tlou Energy Ltd | $0.021 | -16.00% |
| XGL | Xamble Group Ltd | $0.02 | -13.04% |
| CML | Connected Minerals Ltd | $0.205 | -10.87% |
| WOA | Wide Open Agriculture Ltd | $0.011 | -8.33% |
Near Highs
Code | Company | Last | % Chg |
|---|---|---|---|
| PCI | Perpetual Credit Income Trust | $1.155 | -0.43% |
| WVOL | Ishares MSCI World Ex Aust Minimum Volatility ETF | $41.34 | +0.56% |
| GCI | Gryphon Capital Income Trust | $2.04 | +0.49% |
| VVLU | Vanguard Global Value Equity Active ETF (Managed Fund) | $70.77 | +0.33% |
| IHD | Ishares S&P/ASX DIV Opportunities Esg Screened ETF | $14.28 | +0.07% |
Relative Strength Index (RSI) Oversold
Code | Company | Last | % Chg |
|---|---|---|---|
| FLT | Flight Centre Travel Group Ltd | $15.68 | -1.32% |
| SMP | Smartpay Holdings Ltd | $0.61 | -1.64% |
| REH | Reece Ltd | $23.50 | -0.89% |
| DUG | DUG Technology Ltd | $1.90 | -0.53% |
| IPG | Ipd Group Ltd | $4.53 | -0.22% |
