MARKET WRAPS

Evening Wrap: ASX 200 rallies as CSL, Telix and Pro Medicus lead healthcare sector rebound, small cap gold melt-up continues

The S&P/ASX 200 closed 28.3 points higher, up 0.32%.

Lead Writer and Presenter
Fri 19 Sept 2025, 17:27 AEST
โˆ™16 min read

Mentioned

The S&P/ASX 200 closed 28.3 points higher, up 0.32%.

Fund managers hit undo today and pretty much reversed all of yesterday's losses. If there was a notable winner, it would have to be Healthcare (XHJ). This sector has been doing it very tough lately, but there were several strong performances โ€“ among big and small constituents โ€“ that stood out today.

If Healthcare stocks we're good, then small cap precious metals stocks were sublime! The melt-up in this sector continues unabated as the spec-end of the ASX is well and truly pumping! We have the details of all the rocket emoji moves in today's Biggest Gainers ๐Ÿš€๐Ÿš€๐Ÿš€.

Be sure to click/scroll through for the usual reporting of the major sector and stock-specific moves, the broker responses to them, as well as all the key economic data in tonight's Evening Wrap.

Also, I have detailed technical analysis on the Nasdaq Composite and the S&P/ASX 200 in today's ChartWatch.

Let's dive in!


Today in Review

Name
Value
% Chg
Major Indices
ASX 2008,773.5
+0.32%
All Ords9,063.5
+0.36%
Small Ords3,669.4
+0.12%
All Tech4,310.6
+0.91%
Emerging Companies2,767.2
+0.37%
Currency
AUD/USD0.659
-0.34%
US Futures
S&P 5006,686.0
-0.11%
Dow Jones46,456.0
-0.13%
Nasdaq24,683.5
-0.09%
Name
Value
% Chg
Sector
Health Care37,952.6
+0.91%
Information Technology3,004.9
+0.85%
Consumer Discretionary4,545.2
+0.61%
Real Estate4,159.2
+0.60%
Financials9,569.8
+0.58%
Utilities10,000.2
+0.54%
Industrials8,467.6
+0.22%
Energy8,374.5
-0.16%
Materials17,561.7
-0.24%
Consumer Staples11,957.4
-0.38%
Communication Services1,872.4
-0.74%

ChartWatch *LIVE* Webinar

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Markets

ASX 200 (XJO) intraday chart 19 Sep
ASX 200 Session Chart

The S&P/ASX 200 (XJO) finished 28.3 points higher at 8,773.5, 0.54% from its session high and 0.32% from its low. In the broader-based S&P/ASX 300 (XKO) advancers beat decliners by as modest 151 to 123. For the week, the XJO finished down 91.4 points or 1.03% lower, 1.31% from its intraweek high and just 0.41% from its intraweek low.

"CTRL +Z"

Undo.

Fund managers hit undo today and pretty much reversed all of yesterday's losses. Even at a sector level, it was basically the opposite.

If there was a notable winner, it would have to be Healthcare (XHJ) (+0.9%). Itโ€™s been doing it very tough lately, what with CSLโ€™s โ€œdip that keeps dippingโ€ move. But, whilst major sector constituent CSL (CSL) (+0.02%) did manage to eke out its first win this week, there were others in the sector that arguably led the way.

Also-suffering Telix Pharmaceuticals (TLX) (+6.4%) bounced, while comparative stalwart Pro Medicus (PME) (+4.8%) added to itโ€™s 2025 gains. In the smalls, Race Oncology (RAC) (+20.6%), Clarity Pharmaceuticals (CU6) (+5.9%), and LTR Pharma (LTP) (+2.8%) each finished their strong week with a flourish.

S&PASX 200 Health Care 19 Sep
ASX 200 Healthcare Sector Index (XHJ)

The XHJ chart is largely a carbon copy of CSLโ€™s, but arguably also stocks like TLX, EBOS Group (EBO) (-1.8%), Ramsay Health Care (RHC) (+0.1%), and Sonic Healthcare (SHL) (+1.3%) have also contributed to its demise. I note two things here:

  1. All of the abovementioned stocks apart from PME have made regular (read as daily for the last four weeks) appearances in the Downtrends Scan List of ChartWatch ASX Scans โ€“ with CSL, EBO, RHC, TLX, SHL noted as Feature Downtrends (i.e., highest conviction โ€“ consider for shorts).

  2. It is a stark reminder that fund managers trading the Australian share market have a habit of all-or-nothing views towards sectors = Itโ€™s important to understand when sector rotations are happening.

As for sectors that have arguably been seeing some sector rotation tailwinds, I note two sectors that also featured highly in todayโ€™s sector performance list: Consumer Discretionary (XDJ) (+0.6%) and Information Technology (XIJ) (+0.8%). Both tend to do well in a falling interest rate environment (i.e., as per now!).

S&PASX 200 Consumer Discretionary 19 Sep S&PASX All Technology 19 Sep
Consumer Discretionary Sector Index (XDJ) (top) and Information Technology Sector Index (XIJ) (+%) (bottom)

I note solid gains in XDJ sector constituents Universal Store Holdings (UNI) (+3.0%), Eagers Automotive (APE) (+5.0%), JB HiFi (JBH) (+2.1%), and Breville Group (BRG) (+2.1%). In the XIJ, Weebit Nano (WBT) (+10.3%), Energy One (EOL) (+6.5%), and Life360 (360) (+3.4%) each stood out.

S&PASX All Ordinaries Gold (Sub Industry) 19 Sep
Gold sub index (XGD)

When it comes to sector strength, and likely very high on fund managersโ€™ buy lists, you canโ€™t go past the Gold Sub Index (XGD) (+0.8%). Todayโ€™s best included ChartWatch ASX Scans Uptrends List regulars Astral Resources (AAR) (+13.5%), Falcon Minerals (FAL) (+10.0%), African Gold (A1G) (+9.3%), Catalyst Metals (CYL) (+7.0%) and Medallion Metals (MM8) (+5.7%) (but I could have mentioned about a dozen more! ๐Ÿ’ช).

Today's best blue chip gainers

Company
Last Price
Change $
Change %
1mo %
1yr %
Telix Pharmaceuticals (TLX)
$14.53
+$0.87
+6.4%
-19.7%
-21.5%
Pro Medicus (PME)
$313.29
+$14.48
+4.8%
+2.1%
+86.5%
Life360 (360)
$51.96
+$1.7
+3.4%
+19.1%
+209.5%
Evolution Mining (EVN)
$9.50
+$0.29
+3.1%
+17.3%
+115.4%
Washington H Soul Pattinson (SOL)
$40.54
+$1.12
+2.8%
-3.7%
+21.8%
Perseus Mining (PRU)
$4.30
+$0.11
+2.6%
+19.8%
+67.3%
SGH (SGH)
$50.43
+$1.21
+2.5%
+2.4%
+19.7%
Sigma Healthcare (SIG)
$3.02
+$0.07
+2.4%
+6.0%
+112.7%
Fisher & Paykel Healthcare (FPH)
$34.00
+$0.78
+2.3%
-2.1%
-3.1%
Technology One (TNE)
$38.35
+$0.83
+2.2%
-2.2%
+61.7%
JB HI-FI (JBH)
$118.94
+$2.5
+2.1%
-0.9%
+48.5%
Ansell (ANN)
$33.94
+$0.7
+2.1%
+7.8%
+7.1%
Cleanaway Waste (CWY)
$2.79
+$0.05
+1.8%
-0.7%
-1.1%
Medibank Private (MPL)
$4.89
+$0.08
+1.7%
-7.0%
+28.7%
Charter Hall Group (CHC)
$23.33
+$0.37
+1.6%
+2.0%
+47.8%
ALS (ALQ)
$19.94
+$0.31
+1.6%
+4.1%
+33.7%
IGO (IGO)
$4.87
+$0.07
+1.5%
-7.9%
-6.0%
Xero (XRO)
$162.59
+$2.31
+1.4%
-3.8%
+12.6%
Computershare (CPU)
$37.47
+$0.51
+1.4%
-4.8%
+36.6%
Whitehaven Coal (WHC)
$6.76
+$0.09
+1.3%
+2.0%
+15.4%

Today's worst blue chip losers

Company
Last Price
Change $
Change %
1mo %
1yr %
IDP Education (IEL)
$5.40
-$0.16
-2.9%
+11.3%
-66.5%
The A2 Milk Company (A2M)
$8.51
-$0.24
-2.7%
-3.5%
+57.6%
Reece (REH)
$10.32
-$0.27
-2.6%
-26.6%
-63.1%
AMP (AMP)
$1.705
-$0.035
-2.0%
-2.6%
+28.7%
Ampol (ALD)
$29.73
-$0.48
-1.6%
-1.0%
+2.1%
Pinnacle Investment Management (PNI)
$18.61
-$0.29
-1.5%
-11.9%
+9.6%
Orora (ORA)
$2.10
-$0.03
-1.4%
-9.1%
-21.6%
Rio Tinto (RIO)
$114.00
-$1.54
-1.3%
0.0%
+2.9%
Car Group (CAR)
$38.00
-$0.42
-1.1%
-7.1%
+3.2%
Transurban Group (TCL)
$13.99
-$0.15
-1.1%
-5.3%
+0.6%
Telstra Group (TLS)
$4.83
-$0.05
-1.0%
-3.8%
+20.1%
Nextdc (NXT)
$17.81
-$0.18
-1.0%
+24.1%
+4.8%
Qube (QUB)
$4.06
-$0.04
-1.0%
-9.4%
+4.9%
Treasury Wine Estates (TWE)
$7.38
-$0.07
-0.9%
-9.4%
-34.3%
REA Group (REA)
$229.78
-$1.97
-0.9%
-12.3%
+13.9%
BHP Group (BHP)
$39.64
-$0.33
-0.8%
-5.8%
+0.2%
Atlas Arteria (ALX)
$5.24
-$0.04
-0.8%
-4.7%
+6.3%
Lendlease Group (LLC)
$5.32
-$0.04
-0.7%
-6.7%
-25.9%
Steadfast Group (SDF)
$5.96
-$0.04
-0.7%
-5.7%
+5.5%
Cochlear (COH)
$293.20
-$1.87
-0.6%
-3.5%
+2.2%

ChartWatch

Nasdaq Composite Index

NASDAQ Composite Index chart 18 Sep
Nasdaq Composite Index chart (click here for full size image)

Remember the zebra from the start of August? ๐Ÿฆ“

You know, that choppy black-candle-white-candle pattern that lasted 13-odd candles โ€“ from memory which had occurred only a few times in the last 20 years sort of stuff? ๐Ÿค”

Septemberโ€™s move has put that one into perspective. Even though it was a zebra, it was still rising โ€“ and it was a sign that the Compโ€™s demand-side remained active even through an uncertain period.

Hindsightโ€™s a wonderful thing, but looking at the candles and price action since that period โ€“ it just feels like that was the supply-sideโ€™s last stand.

They got consumed.

The problem with one being โ€œconsumedโ€ in a raging bull market is that one is inevitably left with a pile of cashโ€ฆ

And stock prices are still risingโ€ฆ

If youโ€™re a fund manager โ€“ this is pain of an unimaginable scale!!! ๐Ÿ˜ฑ

I say: Consumed supply in a strong environment of demand-side control and rising prices becomes latent demand.

Potential fuel for the ongoing fire, if you get my drift.

The key takeaway is: Donโ€™t end up as consumed supply in a bull market!

The headlines this morning showed a +200-odd point gain in the Comp. Honestly, I donโ€™t read the โ€œexcusesโ€ journalists try to find for why it went up anymore (there are far more productive uses of my time โ€“ like going straight to the candles!) โ€“ but what we can see is a smidge of indecision creeping into Thursdayโ€™s candle.

Donโ€™t get me wrong โ€“ everything still reads STAY THE COURSE in capitals here โ€“ but the demand-side didnโ€™t kick on after a positive open, and the supply-side had just enough ammo to maintain somewhat of a status quo.

I am of course picking out nits here, because everything else is a picture of excess demand:

  1. ST & LT uptrends, ST & LT uptrend ribbons are behaving as zones of excess demand demonstrating demand-side control and buy the dip activity from both short term traders and long term investors. โœ…

  2. Price action is rising peaks and rising troughs demonstrating supply removal and demand reinforcement.

  3. Candles are predominantly demand-side in nature (i.e., white-bodied and or with downward pointing shadows) demonstrating buy the dip activity and pervasive programmed buy orders. โœ…

Stuff I donโ€™t want to see:

  • Large supply-side candles (i.e., long black-bodied and or long upward pointing shadows). โŒ

  • A close below 22058, ideally, but definitely not below the ST uptrend ribbon (presently 21620-21865) as this would end the short term uptrend. โŒ

In the meantime, there is simply nothing left to do but: Stay the course, FRP.

S&P/ASX 200 (XJO)

ASX 200 (XJO) chart 19 Sep
S&P/ASX 200 chart (click here for full size image)

Not a return to Golden Le Creuset form, but better than the usual Old Tin Pot.

Because we could have done nothing today in response to the gains in the US overnight, or even worse...๐Ÿ“‰

But when we look at todayโ€™s gain and compare it with yesterday's loss โ€“ it was hardly an emphatic restatement of demand-side control over Aussie stock pricesโ€ฆ๐Ÿ‘Ž

And as with the 4-Sep candle that followed the still โ€œthat candleโ€ supply-side washout of 3-Sep (how long will it remain the dominant force on the above chart!? ๐Ÿค”) โ€“ weโ€™ll take it. Itโ€™s not like we have a choice!

Nothing has changed here, unfortunately, because weโ€™re still short term equilibrium at best. If anything, that equilibrium has a well defined boundary now: 8731-8881.

Therefore, I suggest a close below 8731 solidifies a new short term downtrend that will likely seek out the dynamic demand at the long term uptrend ribbon vs a close above 8881 resets the bull agenda and sets us on a course to hopefully test 9055.

In the meantime, itโ€™s starting to look a lot like a flourishing zebra of our own! ๐Ÿฆ“

I reiterate my view from yesterdayโ€™s analysis: Staying the course at 2/3RP with a move to 1/2RP on a close below 8731. I should add to balance this that Iโ€™d be inclined to return to FRP on a close above 8881 โ€“ but let me see the candle when that happens first!


Economy

Today

  • JPN BOJ Policy Rate, Monetary Policy Statement, Press Conference

    • Policy Rate: no change, still at <0.50% as forecast

Later this week

That's it for the week!


Latest News


Interesting Movers

Trading higher

  • +22.0% Focus Minerals (FML) - Response to ASX Price Query, rise is consistent with prevailing short and long term uptrends, added to ChartWatch ASX Scans Uptrends list today ๐Ÿ”Ž๐Ÿ“ˆ

  • +20.6% Race Oncology (RAC) - Race Oncology investor briefing presentation, rise is consistent with prevailing short and long term uptrends, a recent regular in ChartWatch ASX Scans Uptrends list ๐Ÿ”Ž๐Ÿ“ˆ

  • +19.2% Island Pharmaceuticals (ILA) - FDA Meeting request granted, rise is consistent with prevailing short and long term uptrends, added to ChartWatch ASX Scans Uptrends list yesterday ๐Ÿ”Ž๐Ÿ“ˆ

  • +17.4% Victory Metals (VTM) - No news ๐Ÿค”

  • +16.1% Amplia Therapeutics (ATX) - No news, general strength across the broader HealthCare sector today.

  • +16.0% Forrestania Resources (FRS) - Becoming a substantial holder for TG6, rise is consistent with prevailing short and long term uptrends, a regular in ChartWatch ASX Scans Uptrends list ๐Ÿ”Ž๐Ÿ“ˆ

  • +14.4% Felix Gold (FXG) - No news, rise is consistent with prevailing short and long term uptrends, a regular in ChartWatch ASX Scans Uptrends list ๐Ÿ”Ž๐Ÿ“ˆ

  • +12.9% Ricegrowers (SGL) - No news, rise is consistent with prevailing short and long term uptrends, a regular in ChartWatch ASX Scans Uptrends list ๐Ÿ”Ž๐Ÿ“ˆ

  • +11.8% St George Mining (SGQ) - No news, rise is consistent with prevailing short and long term uptrends, a regular in ChartWatch ASX Scans Uptrends list ๐Ÿ”Ž๐Ÿ“ˆ

  • +11.1% New Murchison Gold (NMG) - No news, rise is consistent with prevailing short and long term uptrends, a regular in ChartWatch ASX Scans Uptrends list ๐Ÿ”Ž๐Ÿ“ˆ

  • +10.7% Weebit Nano (WBT) - No news, rise is consistent with prevailing short and long term uptrends, a regular in ChartWatch ASX Scans Uptrends list ๐Ÿ”Ž๐Ÿ“ˆ

  • +10.0% Broken Hill Mines (BHM) - No news, rise is consistent with prevailing short and long term uptrends, a regular in ChartWatch ASX Scans Uptrends list ๐Ÿ”Ž๐Ÿ“ˆ

  • +9.7% Medallion Metals (MM8) - No news, rise is consistent with prevailing short and long term uptrends, a regular in ChartWatch ASX Scans Uptrends list ๐Ÿ”Ž๐Ÿ“ˆ

  • +9.1% Boab Metals (BML) - No news, rise is consistent with prevailing short and long term uptrends, a regular in ChartWatch ASX Scans Uptrends list ๐Ÿ”Ž๐Ÿ“ˆ

  • +9.0% G50 Corp (G50) - No news, rise is consistent with prevailing short and long term uptrends, a regular in ChartWatch ASX Scans Uptrends list ๐Ÿ”Ž๐Ÿ“ˆ

  • +8.7% Sayona Mining (SYA) - Continued positive response to 15-Sep Market Update Presentation.

  • +8.6% Rox Resources (RXL) - No news, rise is consistent with prevailing short and long term uptrends, a regular in ChartWatch ASX Scans Uptrends list ๐Ÿ”Ž๐Ÿ“ˆ

  • +8.6% Tesoro Gold (TSO) - No news, rise is consistent with prevailing short and long term uptrends, a regular in ChartWatch ASX Scans Uptrends list ๐Ÿ”Ž๐Ÿ“ˆ

  • +8.5% Aura Energy (AEE) - Full Year Statutory Accounts, rise is consistent with prevailing short and long term uptrends, a regular in ChartWatch ASX Scans Uptrends list ๐Ÿ”Ž๐Ÿ“ˆ

  • +8.3% Challenger Gold (CEL) - No news, rise is consistent with prevailing short and long term uptrends, a regular in ChartWatch ASX Scans Uptrends list ๐Ÿ”Ž๐Ÿ“ˆ

  • +8.2% Fineos Corporation (FCL) - No news, rise is consistent with prevailing short and long term uptrends, a regular in ChartWatch ASX Scans Uptrends list ๐Ÿ”Ž๐Ÿ“ˆ

  • +7.6% Chalice Mining (CHN) - No news, rise is consistent with prevailing short term uptrend and long term trend is transitioning from down to up ๐Ÿ”Ž๐Ÿ“ˆ

  • +7.1% Trigg Minerals (TMG) - No news, rise is consistent with prevailing short and long term uptrends, a regular in ChartWatch ASX Scans Uptrends list ๐Ÿ”Ž๐Ÿ“ˆ

  • +7.0% Kingsgate Consolidated (KCN) - No news, rise is consistent with prevailing short and long term uptrends, a regular in ChartWatch ASX Scans Uptrends list ๐Ÿ”Ž๐Ÿ“ˆ

  • +6.8% Generation Development Group (GDG) - No news, rise is consistent with prevailing short and long term uptrends, a regular in ChartWatch ASX Scans Uptrends list ๐Ÿ”Ž๐Ÿ“ˆ

  • +6.7% Metal Powder Works (MPW) - No news, rise is consistent with prevailing short and long term uptrends, a regular in ChartWatch ASX Scans Uptrends list ๐Ÿ”Ž๐Ÿ“ˆ

  • +6.7% Peninsula Energy (PEN) - No news, rise is consistent with prevailing short and long term uptrends, a regular in ChartWatch ASX Scans Uptrends list ๐Ÿ”Ž๐Ÿ“ˆ

  • +6.5% Australian Finance Group (AFG) - No news, rise is consistent with prevailing short and long term uptrends, a regular in ChartWatch ASX Scans Uptrends list ๐Ÿ”Ž๐Ÿ“ˆ

  • +6.5% Energy One (EOL) - No news, rise is consistent with prevailing short and long term uptrends, a regular in ChartWatch ASX Scans Uptrends list ๐Ÿ”Ž๐Ÿ“ˆ

Trading lower

  • -20.0% Echoiq (EIQ) โ€“ Update on Category III CPT Code Application.

  • -13.9% Stakk (SKK) โ€“ No news, pulled back after yesterday's sharp rally due to Robinhood selects Stakk as vendor for new banking solution.

  • -13.0% The Star Entertainment Group (SGR) โ€“ No news, fall is consistent with prevailing short and long term downtrends, one of the most Featured (highest conviction) stocks in ChartWatch ASX Scans Downtrends list ๐Ÿ”Ž๐Ÿ“‰

  • -10.3% Imugene (IMU) โ€“ No news since 18 Sep Overall Response Rate increases to 81% in azer-cel trial, fall is consistent with prevailing short and long term downtrends, one of the most Featured (highest conviction) stocks in ChartWatch ASX Scans Downtrends list ๐Ÿ”Ž๐Ÿ“‰

  • -8.0% OFX Group (OFX) โ€“ No news, fall is consistent with prevailing short and long term downtrends, a regular in ChartWatch ASX Scans Downtrends list ๐Ÿ”Ž๐Ÿ“‰

  • -6.7% 4DMEDICAL (4DX) โ€“ No news, pulled back in the wake of recent sharp rally.

  • -6.7% EQ Resources (EQR) โ€“ No news since 18-Sep EQR Appoints Craig Bradshaw as Managing Director, fall is consistent with prevailing short and long term downtrends ๐Ÿ”Ž๐Ÿ“‰


Broker Moves

Aussie Broadband (ABB)

  • Upgraded to overweight from neutral at Jarden; Price Target: $5.80 from $5.30

Ansell (ANN)

  • Retained at neutral at Citi; Price Target: $35.50 from $33.50

ANZ Group Holdings (ANZ)

  • Retained at equal-weight at Morgan Stanley; Price Target: $30.50 from $29.70

Cochlear (COH)

  • Downgraded to neutral from buy at Citi; Price Target: $320.00 from $350.00

CSL (CSL)

  • Retained at buy at Citi; Price Target: $265.00 from $300.00

Downer EDI (DOW)

  • Retained at outperform at RBC Capital Markets; Price Target: $7.75

EBOS Group (EBO)

  • Upgraded to neutral from sell at Citi; Price Target: $28.00 from $32.00

HUB24 (HUB)

  • Retained at neutral at Citi; Price Target: $109.00

Meteoric Resources NL (MEI)

  • Retained at speculative buy at Canaccord Genuity; Price Target: $0.35

Medibank Private (MPL)

  • Retained at overweight at Morgan Stanley; Price Target: $5.55

NIB Holdings (NHF)

  • Retained at equal-weight at Morgan Stanley; Price Target: $7.85

Northern Minerals (NTU)

  • Downgraded to hold from speculative buy at Ord Minnett; Price Target: $0.04

Netwealth Group (NWL)

  • Retained at neutral at Citi; Price Target: $35.50

  • Upgraded to overweight from neutral at Jarden; Price Target: $34.00 from $34.60

Origin Energy (ORG)

  • Retained at underweight at Morgan Stanley; Price Target: $11.11

Orica (ORI)

  • Initiated at buy at Bell Potter; Price Target: $23.00

Pro Medicus (PME)

  • Upgraded to buy from sell at Citi; Price Target: $350.00 from $220.00

Pantoro Gold (PNR)

  • Initiated at hold at Morgans; Price Target: $5.33

Prospect Resources (PSC)

  • Retained at speculative buy at Canaccord Genuity; Price Target: $0.45

QBE Insurance Group (QBE)

  • Retained at outperform at Macquarie; Price Target: $23.30

Ramsay Health Care (RHC)

  • Retained at neutral at Citi; Price Target: $36.00 from $40.00

ResMed Inc. (RMD)

  • Retained at buy at Citi; Price Target: $51.00 from $49.00

Regis Resources (RRL)

  • Downgraded to sell from neutral at UBS; Price Target: $4.55

Sonic Healthcare (SHL)

  • Retained at neutral at Citi; Price Target: $24.00 from $28.00

Service Stream (SSM)

  • Retained at outperform at RBC Capital Markets; Price Target: $2.50 from $2.40

Santos (STO)

  • Retained at equal-weight at Morgan Stanley; Price Target: $7.00 from $8.88

  • Upgraded to buy from accumulate at Ord Minnett; Price Target: $8.35 from $8.89

Telix Pharmaceuticals (TLX)

  • Initiated at buy at Citi; Price Target: $34.00

Ventia Services Group (VNT)

  • Retained at outperform at RBC Capital Markets; Price Target: $5.50 from $5.75

Woodside Energy Group (WDS)

  • Retained at equal-weight at Morgan Stanley; Price Target: $27.00

Whitehaven Coal (WHC)

  • Retained at buy at Morgans; Price Target: $8.10 from $7.25

Zip Co (ZIP)

  • Retained at buy at UBS; Price Target: $5.25


Scans

Top Gainers

Code
Company
Last
% Chg
14D1414 Degrees Ltd$0.082+355.56%
SW1Swift Networks Group Ltd$0.016+128.57%
KGDKula Gold Ltd$0.024+60.00%
AVMAdvance Metals Ltd$0.081+50.00%
RASRagusa Minerals Ltd$0.033+43.48%
View all top gainers

Top Fallers

Code
Company
Last
% Chg
CCECarnegie Clean Energy Ltd$0.12-36.84%
FGRFirst Graphene Ltd$0.067-23.86%
AVWAvira Resources Ltd$0.011-21.43%
EIQEchoiq Ltd$0.20-20.00%
HMIHiremii Ltd$0.041-18.00%
View all top fallers

52 Week Highs

Code
Company
Last
% Chg
14D1414 Degrees Ltd$0.082+355.56%
SW1Swift Networks Group Ltd$0.016+128.57%
KGDKula Gold Ltd$0.024+60.00%
AVMAdvance Metals Ltd$0.081+50.00%
RASRagusa Minerals Ltd$0.033+43.48%
View all 52 week highs

52 Week Lows

Code
Company
Last
% Chg
HMIHiremii Ltd$0.041-18.00%
CGRCGN Resources Ltd$0.047-14.55%
EQNEquinox Resources Ltd$0.073-13.10%
MPXMustera Property Group Ltd$0.185-11.91%
DM1Desert Metals Ltd$0.014-6.67%
View all 52 week lows

Near Highs

Code
Company
Last
% Chg
SMLLBetashares Australian Small Companies Select ETF$4.32+1.41%
ECFElanor Commercial Property Fund$0.71+0.71%
OZBDBetashares Australian Composite Bond ETF$45.41-0.26%
DFNDVaneck Global Defence ETF$37.84+1.50%
PCIPerpetual Credit Income Trust$1.195-2.45%
View all near highs

Relative Strength Index (RSI) Oversold

Code
Company
Last
% Chg
WDSWoodside Energy Group Ltd$23.03-0.13%
EBOEbos Group Ltd$24.93-1.81%
DMPDomino's PIZZA Enterprises Ltd$14.01-3.45%
BAPBapcor Ltd$3.21-3.02%
AOFAustralian Unity Office Fund$0.4050.00%
View all RSI oversold

ABOUT THE AUTHOR

Lead Writer and Presenter

Carl brings more than 30 years of investing experience and a track record of helping thousands of investors navigate every kind of market. A highly regarded commentator on global macro trends and their impact on Australian and US equities, he is also one of Australia's most recognised educators in technical analysis โ€” having taught his distinctive price-action trend following methodology to two generations of investors.

05/06/2026