The ASX 200 fell on the first trading day of the new financial year as the largest monthly decline in national house prices since 2022 weighed heavily on the major banks and consumer-facing stocks. Gold stocks extended their recent slide as bullion fell below the psychologically significant US$4,000 mark – trading near nine month lows.
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 200 | 8,722.9 | -0.64% |
| All Ords | 8,931.4 | -0.61% |
| Small Ords | 3,409.2 | -0.46% |
| All Tech | 3,001.3 | -0.97% |
| Emerging Companies | 2,928.0 | -0.01% |
Currency | ||
| AUD/USD | 0.6889 | -0.45% |
US Futures | ||
| S&P 500 | 7,524.75 | -0.31% |
| Dow Jones | 52,507.0 | -0.31% |
| Nasdaq | 30,390.25 | -0.44% |
Name | Value | % Chg |
|---|---|---|
Sector | ||
| Health Care | 26,245.2 | +0.77% |
| Utilities | 9,730.6 | +0.53% |
| Energy | 9,522.0 | +0.36% |
| Materials | 23,468.4 | +0.35% |
| Industrials | 8,440.0 | -0.23% |
| Real Estate | 3,634.0 | -0.51% |
| Consumer Discretionary | 3,967.9 | -0.69% |
| Communication Services | 1,609.2 | -0.86% |
| Information Technology | 1,802.7 | -1.02% |
| Financials | 9,192.7 | -1.67% |
| Consumer Staples | 13,056.1 | -2.14% |
ASX 200 Intraday Chart
%20intraday%20chart_1%20Jul.png)
Markets
The S&P/ASX 200 (XJO) finished 55.8 points lower at 8,722.9, 0.84% from its session high and just 0.13% from its low. Reflecting the disappointing performance at benchmark level, in the broader-based S&P/ASX 300 (XKO) advancers lagged decliners by 111 to 173.
Health Care (XHJ) (+0.8%) continued to absorb rotational capital from last financial year's dominant themes — gold, energy, and materials — as fund managers rerate sectors that were beaten up through FY26. The healthcare sector was down nearly 50% at its worst point on a rolling 12-month basis; it has now recovered meaningfully. CSL (CSL) (+3.2%), Telix Pharmaceuticals (TLX) (+2.7%), Ansell (ANN) (+1.2%), and Sonic Healthcare (SHL) (+0.8%) all advanced.
Energy (XEJ) (+0.4%) posted its fourth consecutive positive session despite ICE Brent crude futures easing 0.1% to US$73.02/bbl in Asian trade. Woodside Energy (WDS) (+0.7%) and Yancoal Australia (YAL) (+0.4%) were the notable movers.
Materials (XMJ) (+0.3%) was essentially flat at the sector level, masking a sharp split between a single large-cap corporate transaction and broad-based base metals weakness. South32 (S32) (+9.7%) surged after agreeing to sell its aluminium value chain assets to Alcoa in a near-$10 billion deal, pivoting the company decisively toward copper.
Elsewhere, Sandfire Resources (SFR) (+1.1%) and BHP (BHP) (+0.9%) both edged higher, bucking softer commodity price leads as COMEX copper futures fell 1.8% to US$6.143/lb and SGX iron ore futures dropped 1.8% to US$97.05/t — but more broadly, falls were commonplace with Sims (SGM) (-5.7%), BlueScope Steel (BSL) (-1.7%), and Rio Tinto (RIO) (-1.0%) all lower.
Consumer Staples (XSJ) (-2.1%) was the session's worst performer and split across two distinct drivers. Woolworths (WOW) (-1.8%) appeared caught in a combination of profit-taking after the sector's strong June run and rotation out of defensives at the start of the new financial year.
Coles (COL) (-4.2%) had a more specific problem — it disclosed it was in discussions with TPG Capital regarding a potential acquisition of Greencross Pet Wellness Company, raising investor concern about capital deployment, while the ACCC separately blocked a proposed Coles lease for a new supermarket in Kalgoorlie.
S&P-ASX 200 Financials Sector Index chart
Financials (XFJ) (-1.7%) bore the session's most concentrated damage as Cotality's national home value index fell 0.4% — the largest monthly decline since December 2022 — with Sydney and Melbourne each falling more than 1%. Consider that between 40%-50% of the major banks' asset base is held in Australian residential property, and when property values fall, credit quality concerns mount and lending capacity contracts.
Today's data confirmed that the RBA's three rate hikes this year, combined with the May budget's negative gearing and capital gains tax changes, are biting the housing market in ways that will eventually flow through to bank earnings. ANZ (ANZ) (-2.5%), Commonwealth Bank (CBA) (-2.4%), National Australia Bank (NAB) (-2.3%), Westpac (WBC) (-1.5%), and Macquarie Group (MQG) (-1.2%) all fell.
Consumer Discretionary (XDJ) (-0.7%) was caught in the same housing market downdraft as financials — weaker house prices reduce households' sense of wealth, and alongside the RBA's three hikes and budget tax changes, the direction of consumer spending confidence is unambiguously lower. Lovisa (LOV) (-2.8%), JB Hi-Fi (JBH) (-2.8%), and Nick Scali (NCK) (-2.1%) were the sharpest fallers.
Information Technology (XIJ) (-1.0%) failed once again to track a strong lead from US tech stocks — and the divergence is striking. While the Nasdaq's AI infrastructure and semiconductor names keep climbing, Australian tech stocks are disproportionately concentrated in global SaaS businesses that are most exposed to competitive displacement by AI. Siteminder (SDR) (-3.4%), Xero (XRO) (-2.8%), Life360 (360) (-2.0%), and WiseTech Global (WTC) (-0.4%) were all lower.
Communication Services (XTJ) (-0.9%) was dragged by its SaaS-adjacent classified names for the same reason — companies with elevated growth multiples and earnings exposed to AI platform disruption found few buyers today. Seek (SEK) (-1.6%), Telstra (TLS) (-1.0%), and CAR Group (CAR) (-0.6%) were all softer.
%20COMEX%20chart_1%20Jul.png)
Gold Futures (Front month, back-adjusted) COMEX chart
The Gold Sub-Index (XGD) (-1.3%) extended its correction with benchmark gold futures hovering at nine-month lows in Asian trade and, for the first time since the Iran conflict began, below the psychologically significant US$4,000 mark. COMEX gold futures fell 1.5% to US$3,979/oz and COMEX silver futures plunged 3.6% to US$57.77/oz — silver is now at seven-month lows. Conflicting signals from US and Iran ahead of upcoming Qatar talks kept a lid on any recovery in safe-haven demand. Pantoro Gold (PNR) (-3.5%), Ora Banda Mining (OBM) (-3.3%), Newmont (NEM) (-1.9%), and Evolution Mining (EVN) (-1.6%) were all lower.
Uranium stocks rocketed without any obvious news — domestic uranium stocks were subdued overnight, the benchmark COMEX uranium contract added just 0.2%, and no company-specific announcements were apparent. The most plausible explanation is a reversal of the aggressive tax-loss selling that had hammered the sector into the financial year end. Boss Energy (BOE) (+13.8%), Silex Systems (SLX) (+7.7%), Paladin Energy (PDN) (+6.8%), Deep Yellow (DYL) (+3.9%), and Bannerman Energy (BMN) (+3.5%) all surged.
Lithium stocks were also broadly higher as GFEX lithium carbonate futures added 0.7% to CNY 164,560/t, consolidating the prior two sessions' 10% recovery, while Australian spodumene concentrate in China gained 2.5% to US$2,280/t. Liontown Resources (LTR) (+2.4%), Develop Global (DVP) (+2.3%), Core Lithium (CXO) (+2.0%), Mineral Resources (MIN) (+1.9%), Pilbara Minerals (PLS) (+1.8%), and Vulcan Energy Resources (VUL) (+1.3%) all advanced.
In other commodities moves, GFEX lithium carbonate futures in China gained 0.7% to CNY 164,560/t and Australian spodumene concentrate gained 2.5% to US$2,280/t — both in the Asian session.
Today's best ASX Top 300 gainers
Company | Last Price | Change $ | Change % | 1mo % | 1yr % |
|---|---|---|---|---|---|
| Perpetual (PPT) | $18.10 | +$2.60 | +16.8% | +13.8% | -2.3% |
| Magellan Financial Group (MFG) | $10.85 | +$1.16 | +12.0% | +28.4% | +24.4% |
| South32 (S32) | $4.28 | +$0.38 | +9.7% | -11.0% | +44.1% |
| Silex Systems (SLX) | $5.71 | +$0.41 | +7.7% | -7.5% | +34.4% |
| Netwealth Group (NWL) | $22.15 | +$1.59 | +7.7% | +3.7% | -33.4% |
| Paladin Energy (PDN) | $9.93 | +$0.63 | +6.8% | -12.3% | +24.7% |
| IperionX (IPX) | $4.32 | +$0.24 | +5.9% | -25.9% | -5.9% |
| MAAS Group Holdings (MGH) | $5.61 | +$0.30 | +5.7% | +10.0% | +35.2% |
| HUB24 (HUB) | $76.64 | +$3.92 | +5.4% | -7.8% | -13.5% |
| HMC Capital (HMC) | $3.13 | +$0.16 | +5.4% | +2.3% | -25.8% |
| Elders (ELD) | $5.40 | +$0.26 | +5.1% | -2.9% | -16.0% |
| Austal (ASB) | $4.24 | +$0.19 | +4.7% | +5.5% | -31.6% |
| AMP (AMP) | $1.68 | +$0.075 | +4.7% | +5.3% | +32.3% |
| Digico Infrastructure REIT (DGT) | $2.55 | +$0.11 | +4.5% | -3.4% | -22.3% |
| Mesoblast (MSB) | $2.04 | +$0.085 | +4.3% | -4.7% | +10.9% |
| Air New Zealand (AIZ) | $0.365 | +$0.015 | +4.3% | 0.0% | -32.4% |
| Elsight (ELS) | $7.40 | +$0.30 | +4.2% | -2.8% | +335.3% |
| Eagers Automotive (APE) | $22.15 | +$0.89 | +4.2% | +6.0% | +29.0% |
| Deep Yellow (DYL) | $1.45 | +$0.055 | +3.9% | -8.2% | -17.6% |
| Endeavour Group (EDV) | $3.37 | +$0.12 | +3.7% | +17.0% | -17.0% |
Today's worst ASX Top 300 losers
Company | Last Price | Change $ | Change % | 1mo % | 1yr % |
|---|---|---|---|---|---|
| 4DMedical (4DX) | $4.04 | -$0.49 | -10.8% | +1.8% | +1549.0% |
| Tasmea (TEA) | $8.60 | -$0.89 | -9.4% | +22.0% | +135.0% |
| Wagners Holding Company (WGN) | $4.40 | -$0.37 | -7.8% | -4.1% | +92.1% |
| Redox (RDX) | $3.67 | -$0.30 | -7.6% | +12.9% | +72.3% |
| Alcoa Corporation (AAI) | $71.80 | -$5.58 | -7.2% | -32.3% | +59.4% |
| Cobram Estate Olives (CBO) | $4.09 | -$0.31 | -7.0% | -0.7% | +95.7% |
| Sunrise Energy Metals (SRL) | $16.02 | -$1.21 | -7.0% | +0.8% | +1263.4% |
| Sims (SGM) | $26.00 | -$1.56 | -5.7% | -3.1% | +69.5% |
| Civmec (CVL) | $1.84 | -$0.11 | -5.6% | +6.4% | +63.6% |
| Southern Cross Electrical Engineering (SXE) | $4.59 | -$0.27 | -5.6% | +12.8% | +157.1% |
| Minerals 260 (MI6) | $0.69 | -$0.04 | -5.5% | -18.3% | +500.0% |
| GenusPlus Group (GNP) | $10.40 | -$0.57 | -5.2% | +9.5% | +152.4% |
| Electro Optic Systems Holdings (EOS) | $9.77 | -$0.53 | -5.1% | -12.2% | +238.1% |
| Greatland Resources (GGP) | $10.91 | -$0.54 | -4.7% | -20.1% | +55.9% |
| Kingsgate Consolidated (KCN) | $4.73 | -$0.22 | -4.4% | -22.2% | +96.3% |
| Catalyst Metals (CYL) | $4.81 | -$0.22 | -4.4% | -7.5% | -8.4% |
| Block, Inc. (XYZ) | $110.16 | -$5.02 | -4.4% | +6.5% | +7.7% |
| Data3 (DTL) | $9.43 | -$0.42 | -4.3% | +4.5% | +23.9% |
| Coles Group (COL) | $23.35 | -$1.02 | -4.2% | +7.5% | +11.8% |
| Weebit Nano (WBT) | $8.03 | -$0.32 | -3.8% | +10.8% | +362.8% |
Chartwatch
Nasdaq Composite Index
Nasdaq Composite Index chart
Analysis
What a monster. I am truly in awe of the Comp, and for the Yanks' ability to pump stock prices.
That's the second monster fear-striking-deep-in-the-hearts-of-anyone-in-cash candle in a row. Firming 24980-25015 as a major zone of demand. Also, note the close back above the short term trend ribbon — like it wasn't even there (to be fair, we're zig-zagging the ribbon... we likely must discount it for the time being!).
If you have cash... It feels dangerously under invested. If you have stock, you're rubbing your hands together with glee — totally expecting to get more!
In other words:
Demand side = FOMO
Supply side = HOFU
Along with the BTD from 24980-25015, we can say we have the classic hallmarks of a demand side market.
But! There's still the issue of the major supply zone at 26789-27191.
For me, it's enough to continue to stay the course at my present 1/2RP (albeit FOMO-ridden!)
Fundamental analysts / deep value investors look at the above chart and they fear getting in because of the possibility the price may fall... 😱
As a trend follower, I look at the above chart and fear only one thing: not being FRP if the long term uptrend reasserts itself!!! 😱
Two very different ways of looking at the same market!
View
I am 1/2RP on the Comp ⚖️ (RP = Risk Position — it reflects my personal allowable capital allocation limit for my investments in US stocks. So 1/2RP is 50%, 2/3RP is 67% and FRP is 100% 🪣).
Key Levels
Dead simple! 26789-27191 is the key zone of supply vs 24980-25015 is the key zone of demand. In between = 1/2RP vs >= FRP and <= 1/3RP.
S&P/ASX 200 (XJO)
%20chart_1%20Jul.png)
S&P/ASX 200 (XJO) chart
Analysis
You way back when you first started reading ChartWatch:
No, no, no Carl, our Australian stock market is a fantastic place to invest one's hard earned capital, I mean, we have four big banks, three major resources companies, a couple of oil stocks, plus CSL, TLS and WES. 🧐
You, now, as a long-suffering ChartWatch veteran:
Yep, you got me there Carl. What an Old Tin Pot!!! I mean, we only have have four big banks, three major resources companies, a couple of oil stocks, plus CSL, TLS and WES! 🤦
Ahem, did I express frustration just two candles ago based on major ex-post regret triggered by retreating — tail between my legs — from a rather optimistic portfolio setting of 2/3RP to the current 1/2RP? 🤔
Well, I can tell you: today's is a frustration free zone!
I guess I can always count on the OTP to disappoint!
And let me leave it there — because forcing a technical analysis of my rare talents and vintage to analyse the chart of the OTP above — is like forcing Michelangelo to paint the ceiling of the Sistine Chapel with crayons! 😉
View
I am 1/2RP on the OTP ⚖️ (i.e., my personal allowable capital allocation limit for my investments in Australian stocks is 50%).
Key levels
8984-9022 is the key zone of supply. Beyond that, it's 9201. Demand is 8708, but the long-term trend ribbon (presently 8699-8749) will likely also come into play as a dynamic zone of excess demand.
(Glossary of acronyms! OTP (Old Tin Pot): S&P/ASX 200 | MOTN: More Often Than Not | FOMO: Fear Of Missing Out | HOFU: Holding On For Upside | BTD: Buy The Dip | NUTE: No Urgency To Enter | FOHO: Fear Of Holding On | STR: Sell The Rally | RP: Risk Position)
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Economy
Today
AUS May Building Approvals
Result: -1.1% vs +0.2% m/m forecast and -3.4% in April (contraction, and substantially worse than expected! 👎)
Later this week
Wednesday
19:00 EUR June Core Consumer Price Index (CPI) Flash Estimate (+2.5% p.a. forecast vs +% p.a. in May)
23:00 USA Federal Reserve Chairman Kevin Warsh Speaks
Thursday
00:00 USA June Institute of Supply Managers (ISM) Manufacturing PMI
PMI: 53.7 forecast vs 54.0 in May
Prices: 79.0 forecast vs 82.1 in May
22:30 USA June Non-Farm Payrolls
Employment change: +114,000 forecast vs +172,000 in May
Unemployment rate: 4.3% forecast, unchanged
Average hourly earnings: +0.3% m/m forecast vs +0.3% m/m in May
Friday
ALL DAY USA Independence Day Holiday
Interesting Movers
Trading higher
- Perpetual (PPT) $18.10+16.8%
Rose after it confirmed it has been approached by an unnamed party about a potential change of control transaction and requested a trading halt pending an announcement to the market.
- AnteoTech (ADO) $0.03+14.3%
Rose after it announced it has successfully completed on schedule the initial stage of a collaborative immunoassay product development work program focused on AnteoBind™ NXT activated magnetic particles for the global CLIA market. Revenue of A$61,595 from this program has been recognised in FY2026.
- Magellan Financial Group (MFG) $10.85+12.0%
Rose after it announced the completion of the merger with Barrenjoey Capital Partners; the combined group will operate across Investment Management, Financial Markets and Corporate Finance segments.
- South32 (S32) $4.28+9.7%
Rose after it announced it has agreed to sell its aluminium value chain assets to Alcoa, including US$3.1bn cash, US$1bn Alcoa shares, assumption of ~US$750m debt and lease liabilities, up to US$750m in future commodity-linked payments, and Alcoa taking on ~US$1.2bn in rehabilitation liabilities; expects to cut annual overheads by ~US$125m and return an initial US$500m to shareholders via a fully franked special dividend.
- IperionX (IPX) $4.32+5.9%
Rose after it announced it had secured up to US$6.6 million from the US Department of Defence to expand domestic production of ballistic-grade titanium plate and large-format defence components at its Virginia manufacturing campus, and received an additional purchase order from the U.S. Army Ground Vehicle Systems Center to manufacture titanium fasteners for JLTV.
- Mesoblast (MSB) $2.04+4.4%
Rose after it announced it has received a Biologics License Application (BLA) filing number from the U.S. FDA and has requested a modular review of its BLA for rexlemestrocel-L.
Trading Lower
- Objective Corporation (OCL) $6.75-34.5%
Fell after it announced Defence Digital Group has not renewed the Objective ECM Upgrade and Support Program agreement that had been in place for over 25 years; management said there is "no impact" on FY26 revenue or earnings but the non-renewal will reduce annual recurring revenue balance to in-line with FY25 levels versus previously forecast growth.
- VanEck Gold Miners ETF (GDX) $93.48-16.1%
Fell after it went ex-dividend $17.99 per share unfranked.
- Coles Group (COL) $23.35-4.2%
Fell after it announced it is in discussions with TPG Capital regarding a potential acquisition of Greencross Pet Wellness Company and is undertaking due diligence; separately, the ACCC has blocked a planned purchase of a leasehold interest in a new supermarket and liquor site in Kalgoorlie-Boulder, WA.
- LendLease Group (LLC) $3.11-3.7%
Fell after it announced the commencement of a landmark joint venture with The Crown Estate to accelerate master planning and land entitlement of a scaled portfolio of UK development assets, established with initial sales of three major regeneration projects and expected JV end value of ~£24 billion upon completion of the second phase.
Broker Moves
Company | Broker | Action | Rating | Price Target |
|---|---|---|---|---|
29M29Metals | Ord Minnett | Downgraded | Speculative Buy(from Buy) | $0.45 |
AAIAlcoa Corporation | Ord Minnett | Upgraded | Buy(from Accumulate) | $100.00(from $107.00) |
AELAmplitude Energy | Morgans | Retained | Buy | $3.00 |
ALLAristocrat Leisure | Citi | Retained | Buy | $61.00 |
| Macquarie | Retained | Outperform | $60.00 | |
ANZANZ Group Holdings | Macquarie | Retained | Neutral | $32.50 |
ASGAutosports Group | Macquarie | Retained | Outperform | $2.50(from $3.25) |
ASKAbacus Storage King | Citi | Initiated | Neutral | $1.60 |
BC8Black Cat Syndicate | Ord Minnett | Retained | Buy | $1.70(from $2.20) |
BENBendigo and Adelaide Bank | Macquarie | Retained | Underperform | $9.00 |
BGLBellevue Gold | Ord Minnett | Retained | Buy | $2.00(from $2.25) |
BHPBHP Group | Ord Minnett | Retained | Hold | $61.00(from $53.00) |
BMCBMC Minerals . | Ord Minnett | Retained | Buy | $6.40 |
BMNBannerman Energy | Ord Minnett | Retained | Hold | $4.05 |
BOQBank of Queensland | Macquarie | Retained | Underperform | $5.25 |
CBACommonwealth Bank of Australia | Macquarie | Retained | Underperform | $111.00 |
| Morgan Stanley | Retained | Underweight | $125.00 | |
CBECobre | Canaccord Genuity | Retained | Speculative Buy | $0.35 |
CHNChalice Mining | Ord Minnett | Upgraded | Hold(from Sell) | $1.20 |
CKFCollins Foods | Bell Potter | Retained | Buy | $11.10(from $10.80) |
| Citi | Downgraded | Neutral(from Buy) | $10.30 | |
| Goldman Sachs | Retained | Buy | $10.70 | |
| Jarden | Retained | Overweight | $10.00(from $11.10) | |
| Macquarie | Retained | Neutral | $8.60 | |
| Morgan Stanley | Retained | Equal Weight | $9.70 | |
| Ord Minnett | Retained | Hold | $8.00(from $11.00) | |
| UBS | Downgraded | Neutral(from Buy) | $8.90(from $13.50) | |
CMMCapricorn Metals | Bell Potter | Retained | Buy | $16.70(from $16.25) |
| Ord Minnett | Retained | Buy | $21.00(from $24.00) | |
COHCochlear | CLSA | Downgraded | Hold(from Outperform) | $125.00(from $132.50) |
| UBS | Retained | Neutral | $106.00 | |
CSCCapstone Copper Corp. | Ord Minnett | Retained | Buy | $15.50(from $14.00) |
CSLCSL | UBS | Retained | Buy | $158.00 |
CTMCentaurus Metals | Ord Minnett | Upgraded | Buy(from Hold) | $0.60 |
CXOCore Lithium | Ord Minnett | Upgraded | Buy(from Hold) | $0.30 |
CYLCatalyst Metals | UBS | Retained | Buy | $9.00(from $9.25) |
DMPDomino's Pizza Enterprises | Citi | Retained | Neutral | $16.90(from $17.50) |
DTLData3 | Morgan Stanley | Downgraded | Equal Weight(from Overweight) | $10.00(from $9.20) |
DYLDeep Yellow | Ord Minnett | Downgraded | Hold(from Accumulate) | $2.05 |
ELDElders | Bell Potter | Retained | Buy | $6.45 |
EMREmerald Resources NL | Ord Minnett | Downgraded | Lighten(from Hold) | $5.40(from $6.20) |
FFMFireFly Metals | Ord Minnett | Upgraded | Hold(from Lighten) | $2.00(from $1.90) |
GGPGreatland Resources | UBS | Retained | Buy | $15.75(from $16.50) |
GMDGenesis Minerals | UBS | Retained | Buy | $10.05(from $10.15) |
GNCGraincorp | Bell Potter | Upgraded | Buy(from Hold) | $5.90(from $5.20) |
GNPGenusPlus Group | Bell Potter | Retained | Buy | $12.80(from $12.00) |
HASHastings Technology Metals | Ord Minnett | Upgraded | Hold(from Sell) | $0.35 |
HMCHMC Capital | UBS | Retained | Buy | $3.60(from $3.70) |
IAGInsurance Australia Group | Citi | Retained | Neutral | $8.50 |
IGOIGO | Ord Minnett | Upgraded | Buy(from Accumulate) | $9.00 |
LMGLatrobe Magnesium | Shaw and Partners | Retained | Buy | $0.06 |
MI6Minerals 260 | UBS | Retained | Buy | $1.15(from $1.10) |
MINMineral Resources | Ord Minnett | Upgraded | Buy(from Accumulate) | $72.00(from $80.00) |
MPKMany Peaks Minerals | Canaccord Genuity | Retained | Speculative Buy | $1.90 |
MSVMitchell Services | Morgans | Upgraded | Speculative Buy(from Accumulate) | $0.60(from $0.55) |
NABNational Australia Bank | Macquarie | Retained | Neutral | $39.00 |
| Morgan Stanley | Retained | Underweight | $34.50 | |
NHCNew Hope Corporation | Ord Minnett | Upgraded | Hold(from Lighten) | $5.00(from $4.90) |
OBMOra Banda Mining | UBS | Retained | Buy | $1.60 |
ORIOrica | Macquarie | Retained | Outperform | $25.86 |
PLSPLS Group | Ord Minnett | Upgraded | Buy(from Accumulate) | $6.20(from $6.10) |
PMEPro Medicus | Morgans | Downgraded | Accumulate(from Buy) | $230.00(from $210.00) |
PPTPerpetual | JPMorgan | Upgraded | Overweight(from Neutral) | $19.50(from $18.00) |
PRUPerseus Mining | UBS | Retained | Buy | $6.80(from $6.75) |
RDXRedox | Morgan Stanley | Downgraded | Equal Weight(from Overweight) | $4.00(from $3.50) |
RRLRegis Resources | UBS | Retained | Buy | $8.45(from $8.75) |
S32South32 | Macquarie | Retained | Neutral | $4.00 |
SHLSonic Healthcare | UBS | Retained | Neutral | $19.60 |
SLCSuperloop | Morgan Stanley | Retained | Overweight | $3.80(from $3.60) |
SLDSaluda Medical, Inc. | Morgans | Retained | Speculative Buy | $2.94 |
SUNSuncorp Group | Citi | Retained | Neutral | $17.50 |
TCGTuraco Gold | Ord Minnett | Retained | Buy | $1.10(from $1.15) |
TLXTelix Pharmaceuticals | RBC Capital Markets | Retained | Outperform | $18.00 |
| UBS | Retained | Buy | $31.00 | |
VAUVault Minerals | UBS | Retained | Buy | $5.70(from $7.00) |
VCXVicinity Centres | Citi | Retained | Neutral | $2.70 |
WBCWestpac Banking Corporation | Macquarie | Retained | Underperform | $30.00 |
| Morgan Stanley | Retained | Underweight | $31.50 | |
WGXWestgold Resources | UBS | Retained | Buy | $8.25(from $8.50) |
Scans
Top Gainers
Code | Company | Last | % Chg |
|---|---|---|---|
| NGY | Nuenergy Gas Ltd | $0.041 | +46.43% |
| RAN | Range International Ltd | $0.19 | +46.15% |
| 1AI | Algorae Pharmaceuticals Ltd | $0.013 | +30.00% |
| NMT | Neometals Ltd | $0.022 | +29.41% |
| PIM | Pinnacle Minerals Ltd | $0.046 | +27.78% |
Top Fallers
Code | Company | Last | % Chg |
|---|---|---|---|
| IIQ | Inoviq Ltd | $0.29 | -46.79% |
| OCL | Objective Corporation Ltd | $6.75 | -34.47% |
| SP3 | Spectur Ltd | $0.011 | -26.67% |
| FHCO | Fidelity Australian High Conviction Active ETF | $6.24 | -23.11% |
| MSTR | Morningstar International Shares Active ETF | $8.25 | -20.06% |
52 Week Highs
Code | Company | Last | % Chg |
|---|---|---|---|
| BHD | Benjamin Hornigold Ltd | $0.20 | +11.11% |
| DSM | Desert Minerals Ltd | $0.77 | +3.36% |
| CGF | Challenger Ltd | $10.26 | +2.60% |
| ROAR | Lion Active ETF | $10.41 | +0.77% |
| ESTX | Global X Euro STOXX 50 ETF | $116.88 | +0.71% |
52 Week Lows
Code | Company | Last | % Chg |
|---|---|---|---|
| IIQ | Inoviq Ltd | $0.29 | -46.79% |
| OCL | Objective Corporation Ltd | $6.75 | -34.47% |
| FHCO | Fidelity Australian High Conviction Active ETF | $6.24 | -23.11% |
| MSTR | Morningstar International Shares Active ETF | $8.25 | -20.06% |
| FRGG | Franklin Global Growth Fund - Active ETF | $1.635 | -17.42% |
Near Highs
Code | Company | Last | % Chg |
|---|---|---|---|
| CNEW | Vaneck China New Economy ETF | $8.24 | -0.48% |
| MYE | Mastermyne Group Ltd | $0.305 | 0.00% |
| HGBL | Betashares Global Shares Currency Hedged ETF | $84.30 | -0.59% |
| BANK | Global X Australian Bank Credit ETF | $10.06 | 0.00% |
| MQGPG | Macquarie Group Ltd | $104.84 | -0.04% |
Relative Strength Index (RSI) Oversold
Code | Company | Last | % Chg |
|---|---|---|---|
| VLUE | Vaneck MSCI International Value ETF | $36.88 | -16.09% |
| NVX | Novonix Ltd | $0.15 | 0.00% |
| JHGA | JPM GBL Equity Premium Income Hedged Complex ETF | $43.70 | -0.27% |
| RCE | Recce Pharmaceuticals Ltd | $0.38 | -6.17% |
| IRI | Integrated Research Ltd | $0.27 | 0.00% |
