The ASX 200 snuck a small gain by the closing bell as the RBA held rates steady at 4.35% in a unanimous decision, with Governor Bullock cautioning that further tightening remains on the table if inflation requires it. Gold stocks and energy names were the best while SaaS stocks and consumer discretionary stocks lagged.
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 | 8,917.7 | +0.04% |
| All Ords | 9,131.3 | +0.04% |
| Small Ords | 3,553.8 | +0.09% |
| All Tech | 2,953.8 | -0.33% |
| Emerging Companies | 3,051.1 | -0.16% |
Currency | ||
| AUD/USD | 0.7053 | -0.27% |
US Futures | ||
| S&P 500 | 7,620.25 | -0.08% |
| Dow Jones | 52,164.0 | +0.07% |
| Nasdaq | 30,817.75 | -0.15% |
Name | Value | % Chg |
|---|---|---|
Sector | ||
| Energy | 10,086.5 | +1.10% |
| Utilities | 9,918.6 | +0.68% |
| Financials | 9,245.3 | +0.60% |
| Communication Services | 1,647.9 | +0.17% |
| Health Care | 24,010.0 | +0.04% |
| Real Estate | 3,759.9 | -0.14% |
| Consumer Staples | 12,801.0 | -0.15% |
| Materials | 25,633.1 | -0.19% |
| Industrials | 8,434.5 | -0.69% |
| Information Technology | 1,824.2 | -0.91% |
| Consumer Discretionary | 3,770.5 | -1.15% |
ASX 200 Intraday Chart
%20intraday%20chart_16%20Jun.png)
Markets
The S&P/ASX 200 (XJO) finished 3.7 points higher at 8,917.7, 0.95% from its session low and smack–bang on its session high. Despite the stead rise in the benchmark throughout the session, in the broader-based S&P/ASX 300 (XKO) advancers beat decliners by a modest 147 to 124.
The Gold Sub-Index (XGD) (+1.8%) extended yesterday's historic rally as fund flows continued to catch up to the post-peace-deal bounce in precious metals prices, even as commodity price leads softened modestly in Asian trade. Catalyst Metals (CYL) (+7.1%), St Barbara (SBM) (+4.3%), Pantoro Gold (PNR) (+2.9%), Northern Star Resources (NST) (+2.5%), and Newmont (NEM) (+2.0%) all advanced. COMEX gold futures eased a modest 0.3% to US$4,340/oz and COMEX silver futures slipped 0.9% to US$69.56/oz — neither move dented the sector's momentum.
%20chart_16%20Jun.png)
The XGD need to get its self safely and confidently above the long term trend ribbon
Energy (XEJ) (+1.1%) bucked a bearish commodity backdrop as stocks hit hardest by yesterday's Middle East-driven selloff staged a partial recovery. Woodside Energy (WDS) (+2.0%) led the rebound, recouping only just over a third of yesterday's heavy losses, with Viva Energy (VEA) (+1.4%), Whitehaven Coal (WHC) (+1.2%), and Santos (STO) (+0.8%) also firmer.
Utilities (XUJ) (+0.7%) benefited from the same rebound dynamic, with Origin Energy (ORG) (+2.0%) — yesterday's worst performer in the sector given its substantial earnings overlap with energy commodity prices — recouping some of its prior-session losses.
Financials (XFJ) (+0.6%) gained as analysts broadly characterised today's RBA statement and Governor Bullock's press conference as more dovish than expected — arguably neutral rather than hawkish — which markets read as modestly positive for mortgage holders and, by extension, the banks so heavily dependent on them. Bank of Queensland (BOQ) (+1.3%), Westpac (WBC) (+1.2%), National Australia Bank (NAB) (+1.1%), and ANZ (ANZ) (+0.9%) all gained, while Commonwealth Bank (CBA) (+0.1%) — the most exposed to the housing sector — was the laggard among the majors.
Consumer Discretionary (XDJ) (-1.1%) was a genuinely mixed sector — it firmed throughout the afternoon following the rate decision, but not enough to fully recover early losses. Gaming stocks were the weak spot: Light & Wonder (LNW) (-1.8%), Aristocrat Leisure (ALL) (-1.6%), and The Lottery Corporation (TLC) (-1.4%) all fell. More consumer-focused names benefited from the less-hawkish-than-expected RBA tone — Temple & Webster (TPW) (+3.9%), Web Travel (WEB) (+1.5%), and Breville Group (BRG) (+0.9%) all advanced.
%20chart_16%20Jun.png)
SaaSpocalypse Now... Or more specifically, not again!?
Information Technology (XIJ) (-0.9%) was softer in echoes of the "SaaSpocalypse" that hammered the sector earlier in the year — major SaaS constituents shrugged off a positive overnight Nasdaq lead entirely. WiseTech Global (WTC) (-4.2%), Technology One (TNE) (-2.0%), and Xero (XRO) (-1.7%) all fell. Microchip stock Weebit Nano (WBT) (+8.5%) was the clear exception, tracking its offshore semiconductor peers higher instead.
Materials (XMJ) (-0.2%) was weighed down by base metals weakness despite generally positive overnight commodity leads — LME aluminium fell 3.3% on Monday, hurting South32 (S32) (-4.5%), while copper, nickel, and tin were modestly higher on the LME before copper futures softened in Asian trade. Metals X (MLX) (-4.0%) and Nickel Industries (NIC) (-2.5%) were also lower. Iron ore stocks slipped as SGX iron ore futures fell 0.7% to US$101.25/t — Fortescue (FMG) (-1.3%) and Champion Iron (CIA) (-1.2%) both declined.
Trouble at the key 182500-187900 supply zone...
Lithium stocks were dragged sharply lower as GFEX lithium carbonate futures fell 3.0% to CNY 169,900/t, snapping a three-day winning streak for many constituents. Liontown Resources (LTR) (-8.5%), Core Lithium (CXO) (-8.3%), Pilbara Minerals (PLS) (-4.5%), and IGO (IGO) (-2.6%) all fell. Elevra Lithium (ELV) (+6.6%) was the standout exception, rising after Macquarie upgraded the stock to Outperform from Neutral and lifted its price target to $14.50 from $13.50.
Today's best ASX Top 300 gainers
Company | Last Price | Change $ | Change % | 1mo % | 1yr % |
|---|---|---|---|---|---|
| Southern Cross Electrical Engineering (SXE) | $4.82 | +$0.80 | +19.9% | +15.6% | +192.1% |
| Sunrise Energy Metals (SRL) | $16.87 | +$2.09 | +14.1% | +28.9% | +3308.1% |
| Alpha HPA (A4N) | $0.855 | +$0.095 | +12.5% | +24.8% | +5.6% |
| SKS Technologies Group (SKS) | $8.95 | +$0.83 | +10.2% | +7.8% | +449.1% |
| Weebit Nano (WBT) | $7.44 | +$0.58 | +8.5% | +9.4% | +350.9% |
| Predictive Discovery (PDI) | $0.935 | +$0.07 | +8.1% | +0.5% | +130.9% |
| MAAS Group Holdings (MGH) | $5.51 | +$0.39 | +7.6% | +11.5% | +30.6% |
| Regal Partners (RPL) | $2.76 | +$0.19 | +7.4% | +9.1% | +34.6% |
| Catalyst Metals (CYL) | $6.03 | +$0.40 | +7.1% | +1.7% | -2.1% |
| Elevra Lithium (ELV) | $13.10 | +$0.81 | +6.6% | +19.0% | +482.2% |
| Southern Cross Gold Consolidated (SX2) | $10.04 | +$0.49 | +5.1% | -8.7% | +35.7% |
| Civmec (CVL) | $1.99 | +$0.095 | +5.0% | +21.0% | +87.7% |
| PYC Therapeutics (PYC) | $1.27 | +$0.055 | +4.5% | -11.2% | +12.1% |
| Life360 Inc (360) | $23.05 | +$0.97 | +4.4% | +25.0% | -27.0% |
| Alkane Resources (ALK) | $1.575 | +$0.065 | +4.3% | +4.0% | +108.6% |
| L1 Group (L1G) | $1.09 | +$0.04 | +3.8% | -8.4% | +115.8% |
| Centuria Capital Group (CNI) | $2.27 | +$0.08 | +3.7% | +35.1% | +32.4% |
| Credit Corp Group (CCP) | $12.69 | +$0.43 | +3.5% | +10.1% | -3.5% |
| Reliance Worldwide Corporation (RWC) | $3.73 | +$0.12 | +3.3% | +19.9% | -13.1% |
| Pinnacle Investment Management Group (PNI) | $17.14 | +$0.55 | +3.3% | +10.2% | -14.3% |
Today's worst ASX Top 300 losers
Company | Last Price | Change $ | Change % | 1mo % | 1yr % |
|---|---|---|---|---|---|
| IperionX (IPX) | $4.69 | -$0.75 | -13.8% | -10.0% | +1.5% |
| Karoon Energy (KAR) | $1.645 | -$0.215 | -11.6% | -21.3% | -19.0% |
| Liontown (LTR) | $2.05 | -$0.19 | -8.5% | -12.8% | +208.3% |
| Core Lithium (CXO) | $0.275 | -$0.025 | -8.3% | -15.4% | +195.7% |
| Alcoa Corporation (AAI) | $89.77 | -$7.31 | -7.5% | +0.4% | +104.5% |
| EBOS Group (EBO) | $16.36 | -$0.88 | -5.1% | -4.3% | -51.7% |
| Brazilian Rare Earths (BRE) | $5.24 | -$0.27 | -4.9% | -1.9% | +132.9% |
| Bravura Solutions (BVS) | $2.07 | -$0.10 | -4.6% | -6.8% | -8.8% |
| PLS Group (PLS) | $6.19 | -$0.29 | -4.5% | +3.0% | +372.5% |
| South32 (S32) | $4.27 | -$0.20 | -4.5% | +1.4% | +42.3% |
| Wisetech Global (WTC) | $36.79 | -$1.62 | -4.2% | -3.2% | -65.7% |
| Metals X (MLX) | $1.425 | -$0.06 | -4.0% | -7.5% | +154.5% |
| Hansen Technologies (HSN) | $4.44 | -$0.18 | -3.9% | -7.5% | -11.2% |
| Ryman Healthcare (RYM) | $1.86 | -$0.07 | -3.6% | +7.8% | -18.4% |
| WA1 Resources (WA1) | $13.36 | -$0.45 | -3.3% | -11.8% | -4.2% |
| Catapult Sports (CAT) | $3.05 | -$0.10 | -3.2% | +3.7% | -45.4% |
| L1 Long Short Fund (LSF) | $4.50 | -$0.14 | -3.0% | +2.7% | +58.5% |
| Objective Corporation (OCL) | $10.45 | -$0.31 | -2.9% | -0.2% | -44.0% |
| Guzman Y Gomez (GYG) | $19.31 | -$0.51 | -2.6% | +13.6% | -33.4% |
| IGO (IGO) | $8.77 | -$0.23 | -2.6% | +3.1% | +108.3% |
Chartwatch
Nasdaq Composite Index
Analysis
Yep, that'd be right! 🚀
Typical Comp.
Doubt it at your own peril!
Could you imagine the bending of brains in the offices of deep-value investors all up and down Wall St by Monday's close? 😁
As in, even now... Those very same Benjamin Graham / Buffet worshippers are lying in bed staring up at the ceiling trying to comprehend how markets can be so crazy... Or for those fundies who are really vexed, frantically poring over rabbit-eared-frayed pages of their cherished copy of "The Intelligent Investor" looking for an answer!
But... This... Just... Doesn't... Make... Any... Sense... Why would anyone buy stocks that are sooooooo exxxxpppeeennssiiivvveee! 🤯
Then there's the Bury followers... Bury just did this... Bury just did that... So what!
D
vs
S
= P
That's the extent of my understanding of markets. Not sure which page that's on in The Intelligent Investor... Or even if it is... But it's the most basic tenet of economics that has defined finance since some hairy caveman swapped a few shiny beads for a goat. 🐐
And, more specifically in the above chart of the Comp: D > S = P ⬆️.
I don't need to understand it, or why it's happening — but as a trend follower I must believe that it's right (just like a Buffet disciple believes in the value of a moat!).
P ⬆️ is the market's current will. And because I am a beetle, and the market is a steamroller: I know I will not win a battle in which I choose to defy the market's current will. 🐞
But that will can change. And I do not fear it. Because I will be presented with signals in the candles, price action, trends and volume that tell me clearly when it does.
The only thing I do fear right now... is being 1/2RP when the Comp is in such a bullish mood. This is what keeps me — a disciple of demand and supply — up all night!
So it seems right now that there are both Buffet-types and technical analysts staring at the ceiling in the wee hours! 🤣
View
Oof. That one hurts! Can I at least offer: my risk glass is half-full!? 🥛
FOMO? HOFU? BTD?
Gap and run, close at session the high... Banger of a session too / +3%... If FOMO, HOFU and BTD had a child — it would look like Monday's candle! 👶
Above average volatility (OTR), and volume... It all screams of increased and strong demand side engagement... Yes, supply was there, but all they did was lose their stock to a highly motivated wall of buying pressure. They're now in cash... Regretting their decision to sell.
They are officially now part of demand. (Like me! 😭)
But before I add RP back in I must be confident in this: the latent supply likely to be encountered at 27191 has largely been consumed. I don't need a breakout (i.e., a close above 27191) — that's not my style. I just need to be confident that enough of the 27191 supply has been consumed to swing the dial to "MOTN UP".
I'm not there yet. One more candle. With a close near 27191, and at its high... Let's say 27,000-ish. That will do it. Until then... I must fix those bloody cracks in the ceiling!
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
27191 is the key point of supply. 24980 is the key point of demand. The short term uptrend ribbon (presently 25792-26102) may also come into play before that.
S&P/ASX 200 (XJO)
%20chart_16%20Jun.png)
Analysis
Hmmm... Given the spectacular rally in the US overnight... Did the OTP just miss a massive opportunity to forge ahead with its so-far impressive 2-day rally?
Or is it just... You know... Just the Old Tin Pot being the Old Tin Pot!? 🤔
Kinda feels that way...
Today's candle isn't terrible, though. Nothing goes up in a straight line, and for it to hold the vast majority of Friday's and Monday's gains — even at today's worst point — and then rally into the close = Still pretty good. 👍
Downward pointing shadow? Nope, I don't need to wait for a better offer... I'll take it! 😁
As Kramer said, "I'll take it"!
8987-9022 is still the main short term game. As I noted in the Comp analysis above, a strong candle + close in the face of a critical supply zone is MOTN a good sign that the supply at that zone is possibly consumed, or that it lacks motivation.
We're still a little ways from 8987-9022 so it could also mean they just haven't engaged yet.
Let's not get too far ahead of ourselves here:
Candles are good since the 8561 trough candle... There's some FOMO and HOFU brewing there... ✅
Price action is still a bit choppy (one cannot deny that it has been rangebound for months, but if one squints sufficiently hard — a double bottom pattern at 8485-8561 becomes evident) ⚖️
Short- and long term trend ribbons are showing equilibrium (flat, amber) ⚖️
Theres plenty of evidence over the last few months of motivated supply > 9022 ⚠️
My gut says we'll have our answer by the end of the week: OTP or Golden Le Creuset! 🍲
View
I am at 1/2RP 🪣 on the OTP (i.e., my personal allowable capital allocation limit for my investments in Australian stocks is 50%).
Key levels
8987-9022 is the key zone of supply. Beyond that, it's 9201. Demand is in the 8485-8561 range, but the short- and long-term trend ribbons (presently 8687-8787) will likely also increasingly come into play as a dynamic zone of excess demand.
(Glossary of acronyms! Old Tin Pot (OTP): S&P/ASX 200 | MOTN: More Often Than Not | FOMO: Fear Of Missing Out | HOFU: Holding On For Upside | BTD: Buy The Dip | STR: Sell The Rally | RP: Risk Position)
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Economy
Today
CHN May 'Data Dump'
New Home Prices: -0.2% m/m vs -0.19% m/m in April (i.e., down, worse than expected)
Fixed Asset Investment: -4.1% ytd/y vs -2.3% ytd/y forecast and -1.6% ytd/y in April (i.e., down, worse than expected)
Industrial Production: +4.5% p.a. vs +4.3% p.a. forecast and +4.1% p.a. in April (i.e., up, better than expected)
Retail Sales: -0.6% p.a. vs -0.2% p.a. forecast and 0.2% p.a. in April (i.e., down, worse than expected)
Unemployment Rate: 5.1% vs 5.2% forecast and 5.2% in April (i.e., down, better than expected)
AUS RBA Board Meeting and Cash Rate Decision
Cash rate: No change at 4.35% as forecast
RBA Governor Michelle Bullock press conference notes:
"Recent increases are tough for households, but they are necessary. Inflation remains too high. Leaving these rates on hold today will allow the Board to see how these recent increases are flowing through the economy."
"While we've seen weakened consumer sentiment and business confidence, spending and investment have not softened materially. There are still upside risks to inflation and downside risks to growth. We were dealing with capacity pressures before the conflict started, oil prices remain high and we are seeing some signs that higher costs are being passed through."
"If expectations of higher costs become embedded, it will lead to lead to higher and more persistent inflation and it would require even more tightening in monetary policy to get it under control."
"We are in a better position than we were [compared to before the 0.75% of increases to the cash rate so far this year], but today's decision does not rule out further tightening in monetary policy if that's what is required to get inflation under control."
Later this week
Wednesday
20:30 USA May Core Retail Sales (+0.5% m/m forecast vs +0.5% m/m in April)
20:30 USA President Trump speaks
Thursday
02:00 Federal Reserve FOMC Meeting (New Chairman Kevin Warsh's first meeting!)
Federal Funds Rate (no change at +3.75% forecast)
FOMC Economic Projections & Statement
02:30 New Chairman Kevin Warsh's first press conference
Friday
ALL DAY CHN Holiday / Non trading day
ALL DAY USA Holiday / Non trading day
Interesting Movers
Trading higher
- Southern Cross Electrical Engineering (SXE) $4.82+19.9%
Exited its trading halt following completion of a $150 million institutional placement at $4 per share that attracted strong demand from existing and new investors; proceeds will fund working capital for recently awarded projects and provide flexibility for future acquisitions across data centres, infrastructure, and energy markets, with a non-underwritten $15 million share purchase plan to follow.
- Dimerix (DXB) $0.20+18.2%
Licensed exclusive rights to Everest Medicines to commercialise its Phase 3 drug candidate DMX-200 for the treatment of Focal Segmental Glomerulosclerosis across Greater China, South Korea, and Southeast Asia, with Dimerix eligible for upfront and milestone payments of up to approximately A$4.8 billion plus royalties.
- Trek Metals (TKM) $0.21+16.7%
Commenced reverse circulation drilling at its Kuro manganese discovery in WA's Kimberley region, with maiden drill testing now underway below the extensive high-grade manganese outcrop.
- Dateline Resources (DTR) $0.15+13.5%
The Federal Court concluded final hearings in legal proceedings brought by US1 Critical Minerals seeking to procure the transfer of 252 rare earth element tenements in the US; the presiding judge has reserved his decision without providing a timetable for judgment.
- Alpha HPA (A4N) $0.86+12.5%
Received four additional non-binding letters of intent over the past month for its HPA First Project, including 300 tonnes per annum from a South Korean end-user and up to 5,000 tonnes per annum of high purity aluminium products destined for the lithium-ion battery sector.
- Valiant Gold (VAL) $0.23+4.7%
Maiden South Emu-Triton drilling program confirmed gold mineralisation extends approximately 400 metres below the existing resource, with high-grade intercepts including 34.2 metres at 2.97 grams per tonne gold, supporting plans for infill drilling and mine planning studies.
Trading Lower
- Karoon Energy (KAR) $1.65-11.6%
Downgraded its 2026 production outlook after confirming the Who Dat field's key production restart will not occur until at least 2027, with riser removal work pushing restoration into the second half of 2027; group output guidance was cut to 7.2–8.2 million barrels of oil equivalent from a prior range implying materially higher volumes.
- EBOS Group (EBO) $16.36-5.1%
Disclosed that substantial shareholder FirstCape Group reduced its stake in the company from 6.39% to 5.63%.
- Wisetech Global (WTC) $36.79-4.2%
No news, general weakness across the broader Information Technology sector today, fall is consistent with prevailing short and long term downtrends, one of the most Featured (highest conviction) stocks in ChartWatch ASX Scans Downtrends list 🔎📉.
- HomeCo Daily Needs REIT (HDN) $1.29-1.2%
Recorded a preliminary unaudited valuation gain of $92 million for the June half, lifting its property portfolio value 1.8% to $5.19 billion in its fifth consecutive period of positive revaluations, and reaffirmed FY26 guidance; the stock fell despite the positive update.
Broker Moves
Company | Broker | Action | Rating | Price Target |
|---|---|---|---|---|
29M29Metals | Macquarie | Retained | Neutral | $0.26(from $0.25) |
A11Atlantic Lithium | Macquarie | Retained | Neutral | $0.35(from $0.32) |
AAIAlcoa Corporation | CLSA | Initiated | Outperform | $112.00 |
ABBAussie Broadband | Canaccord Genuity | Retained | Buy | $6.87(from $6.94) |
| Jefferies | Retained | Buy | $6.20 | |
| JPMorgan | Retained | Neutral | $5.40 | |
| Ord Minnett | Retained | Buy | $6.37(from $6.35) | |
| UBS | Retained | Buy | $6.20 | |
AELAmplitude Energy | Morgans | Retained | Buy | $3.00 |
AISAeris Resources | Macquarie | Retained | Outperform | $0.73(from $0.70) |
ALQALS | Ord Minnett | Retained | Accumulate | $23.20 |
ALXAtlas Arteria | Morgans | Retained | Hold | $5.10(from $4.22) |
AMIAurelia Metals | Macquarie | Retained | Outperform | $0.43(from $0.40) |
APEEagers Automotive | UBS | Retained | Neutral | $22.95(from $28.60) |
ASGAutosports Group | UBS | Retained | Buy | $3.35(from $4.90) |
AUCAusGold | Canaccord Genuity | Retained | Speculative Buy | $3.45 |
AX1Accent Group | CLSA | Retained | Hold | $0.65(from $0.55) |
| Morgan Stanley | Upgraded | Equal Weight(from Underweight) | $0.75(from $0.55) | |
| Morgans | Retained | Buy | $0.85(from $0.75) | |
BENBendigo and Adelaide Bank | Macquarie | Retained | Underperform | $9.00 |
BGLBellevue Gold | Macquarie | Retained | Outperform | $2.00 |
BHPBHP Group | Macquarie | Retained | Neutral | $56.00(from $53.00) |
BM1Ballard Mining | Canaccord Genuity | Retained | Speculative Buy | $2.00 |
BOQBank of Queensland | Macquarie | Retained | Underperform | $5.25 |
BPTBeach Energy | Morgans | Retained | Hold | $1.10(from $1.25) |
CBACommonwealth Bank of Australia | Macquarie | Retained | Underperform | $111.00 |
CIAChampion Iron | Macquarie | Retained | Outperform | $7.10(from $6.60) |
CMMCapricorn Metals | Macquarie | Retained | Outperform | $16.00 |
CNBCarnaby Resources | Macquarie | Retained | Outperform | $0.80(from $0.70) |
CRNCoronado Global Resources Inc | Macquarie | Retained | Outperform | $0.60 |
CSCCapstone Copper Corp. | Macquarie | Retained | Outperform | $18.00(from $16.40) |
DOWDowner EDI | Ord Minnett | Retained | Buy | $8.85 |
DPMDPM Metals Inc. | Macquarie | Retained | Outperform | $56.00(from $59.00) |
DRODroneShield | Canaccord Genuity | Initiated | Speculative Buy | $3.75 |
DRRDeterra Royalties | Macquarie | Retained | Outperform | $4.70 |
ELSElsight | Canaccord Genuity | Initiated | Speculative Buy | $10.90 |
ELVElevra Lithium | Macquarie | Upgraded | Outperform(from Neutral) | $14.50(from $13.50) |
EVNEvolution Mining | Macquarie | Upgraded | Outperform(from Neutral) | $13.00(from $14.00) |
FFMFireFly Metals | Macquarie | Retained | Outperform | $2.50(from $2.30) |
FMGFortescue | Macquarie | Retained | Outperform | $22.00 |
GGPGreatland Resources | Macquarie | Upgraded | Outperform(from Neutral) | $14.00(from $15.00) |
GL1Global Lithium Resources | Macquarie | Retained | Outperform | $0.80 |
GMDGenesis Minerals | Macquarie | Retained | Outperform | $9.00 |
GMGGoodman Group | Morgan Stanley | Retained | Overweight | $36.15 |
GWAGWA Group | Macquarie | Retained | Neutral | $2.15 |
IGOIGO | Macquarie | Retained | Outperform | $10.50(from $9.50) |
JDOJudo Capital Holdings | Macquarie | Retained | Outperform | $1.85 |
JHXJames Hardie Industries Plc | Macquarie | Retained | Outperform | $41.10 |
KARKaroon Energy | Morgans | Downgraded | Trim(from Hold) | $1.90(from $1.80) |
LTRLiontown | Bell Potter | Retained | Buy | $2.90(from $2.65) |
| Macquarie | Upgraded | Outperform(from Neutral) | $2.30(from $2.20) | |
MINMineral Resources | Bell Potter | Retained | Buy | $83.00(from $80.50) |
| Macquarie | Retained | Outperform | $90.00(from $75.00) | |
MNDMonadelphous Group | Ord Minnett | Retained | Accumulate | $31.10(from $30.55) |
MP1Megaport | Citi | Retained | Buy | $22.10 |
MTSMetcash | UBS | Retained | Buy | $3.50 |
NABNational Australia Bank | Macquarie | Retained | Neutral | $39.00 |
NECNine Entertainment Co. Holdings | Jefferies | Retained | Buy | $1.40(from $1.30) |
| Macquarie | Retained | Outperform | $1.05 | |
| UBS | Retained | Neutral | $1.00(from $0.97) | |
NEMNewmont Corporation | Macquarie | Retained | Outperform | $176.00 |
NHCNew Hope Corporation | Macquarie | Retained | Outperform | $7.00 |
NSTNorthern Star Resources | Macquarie | Retained | Outperform | $25.00 |
NWHNRW Holdings | Ord Minnett | Upgraded | Accumulate(from Hold) | $7.35(from $6.40) |
NXTNEXTDC | Citi | Retained | Buy | $19.10 |
OBMOra Banda Mining | Macquarie | Retained | Outperform | $1.50(from $1.70) |
PLSPLS Group | Bell Potter | Retained | Hold | $6.15(from $5.50) |
| Macquarie | Retained | Outperform | $6.50(from $6.20) | |
PMTPMET Resources Inc | Macquarie | Retained | Outperform | $0.70(from $0.65) |
PRUPerseus Mining | Macquarie | Retained | Outperform | $6.00(from $6.50) |
QANQantas Airways | UBS | Retained | Buy | $11.15(from $11.25) |
REHReece | Macquarie | Retained | Neutral | $14.90 |
RIORio Tinto | Macquarie | Downgraded | Neutral(from Outperform) | $188.00(from $186.00) |
RMDResMed Inc. | Citi | Retained | Buy | $38.00(from $48.00) |
RMSRamelius Resources | Macquarie | Retained | Outperform | $4.00(from $4.70) |
RRLRegis Resources | Macquarie | Retained | Outperform | $8.00(from $9.50) |
RSGResolute Mining | Macquarie | Retained | Outperform | $1.55(from $1.80) |
RWCReliance Worldwide Corporation | Macquarie | Retained | Outperform | $4.50 |
S32South32 | CLSA | Initiated | Underperform | $3.70 |
| Macquarie | Downgraded | Neutral(from Outperform) | $4.60(from $4.50) | |
SFRSandfire Resources | Macquarie | Retained | Outperform | $21.00(from $19.30) |
SGHSGH | Macquarie | Retained | Outperform | $50.40 |
SHLSonic Healthcare | UBS | Retained | Neutral | $19.60(from $21.10) |
SRGSRG Global | Ord Minnett | Downgraded | Hold(from Accumulate) | $3.60(from $3.30) |
STOSantos | Morgans | Retained | Hold | $8.30(from $7.50) |
SXESouthern Cross Electrical Engineering | Bell Potter | Retained | Buy | $5.40(from $3.70) |
| PAC Partners | Upgraded | Buy(from Hold) | $4.75 | |
TCLTransurban Group | Citi | Downgraded | Neutral(from Buy) | $15.80(from $16.10) |
| CLSA | Retained | Hold | $13.60(from $13.70) | |
| JPMorgan | Downgraded | Underweight(from Neutral) | $13.75(from $14.00) | |
| Macquarie | Retained | Neutral | $14.05 | |
TEATasmea | Ord Minnett | Retained | Accumulate | $8.85 |
VGNVirgin Australia Holdings | UBS | Retained | Buy | $4.10(from $4.15) |
VNTVentia Services Group | Ord Minnett | Retained | Accumulate | $6.10 |
WBCWestpac Banking Corporation | Macquarie | Retained | Underperform | $30.00 |
WC8Wildcat Resources | Bell Potter | Initiated | Speculative Buy | $1.00 |
WDSWoodside Energy Group | Morgans | Retained | Hold | $34.00(from $33.40) |
WHCWhitehaven Coal | Macquarie | Retained | Outperform | $10.00(from $9.75) |
WORWorley | Ord Minnett | Retained | Accumulate | $13.10 |
Scans
Top Gainers
Code | Company | Last | % Chg |
|---|---|---|---|
| TD1 | Tali Digital Ltd | $0.115 | +51.32% |
| DXN | DXN Ltd | $0.19 | +35.71% |
| ADO | Anteotech Ltd | $0.032 | +28.00% |
| T3D | 333D Ltd | $0.061 | +27.08% |
| 14D | 1414 Degrees Ltd | $0.115 | +26.37% |
Top Fallers
Code | Company | Last | % Chg |
|---|---|---|---|
| GUM | Gumtree Australia Markets Ltd | $0.082 | -21.91% |
| TZL | TZ Ltd | $0.029 | -19.44% |
| MCO | Myeco Group Ltd | $0.016 | -15.79% |
| CDR | Codrus Minerals Ltd | $0.022 | -15.39% |
| VFX | Visionflex Group Ltd | $0.034 | -15.00% |
52 Week Highs
Code | Company | Last | % Chg |
|---|---|---|---|
| SXE | Southern Cross Electrical Engineering Ltd | $4.82 | +19.90% |
| HT8 | Harris Technology Group Ltd | $0.023 | +15.00% |
| SRL | Sunrise Energy Metals Ltd | $16.87 | +14.14% |
| CCE | Carnegie Clean Energy Ltd | $0.195 | +8.33% |
| LYL | Lycopodium Ltd | $17.70 | +6.69% |
52 Week Lows
Code | Company | Last | % Chg |
|---|---|---|---|
| GUM | Gumtree Australia Markets Ltd | $0.082 | -21.91% |
| VFX | Visionflex Group Ltd | $0.034 | -15.00% |
| WRX | Western Ridge Resources Ltd | $0.023 | -14.82% |
| AD1 | Adneo Ltd | $0.024 | -14.29% |
| NME | NEX Metals Exploration Ltd | $0.014 | -12.50% |
Near Highs
Code | Company | Last | % Chg |
|---|---|---|---|
| WVOL | iShares MSCI World Ex Aust Minimum Volatility ETF | $45.62 | +0.35% |
| EGH | Eureka Group Holdings Ltd | $0.62 | -1.59% |
| GCI | Gryphon Capital Income Trust | $2.06 | +0.49% |
| VVLU | Vanguard Global Value Equity Active ETF | $82.60 | -0.84% |
| IHD | iShares S&P/ASX DIV Opportunities Esg Screened ETF | $17.55 | 0.00% |
Relative Strength Index (RSI) Oversold
Code | Company | Last | % Chg |
|---|---|---|---|
| KAR | Karoon Energy Ltd | $1.645 | -11.56% |
| FAR | FAR Ltd | $0.28 | -0.89% |
| EML | EML Payments Ltd | $0.31 | -7.46% |
| AD8 | Audinate Group Ltd | $1.85 | -7.04% |
| ANG | Austin Engineering Ltd | $0.15 | -11.77% |
