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Friday 11 July 2025 Despite the global tariff wars, Nvidia tops $US4 trillion in value while Bitcoin hits a new record. And more, including: Pro Medicus goes from strength to strength Nine Entertainment wins big from the State of Origin Europe’s top human rights court delivers damning judgments against Russia Join our free daily newsletter here. And don’t miss the latest episode of How Do They Afford That? - this week, it's all about budgeting. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.
Wall St was closed for the July 4 Independence Day holiday on Friday.Over in Europe on Friday markets closed mostly lower ahead of Trump's looming tariff deadline day. The STOXX 600 fell 0.5%, Germany's DAX lost 0.6%, the French CAC fell 0.8%, and, in the UK, the FTSE 100 ended the day flat.Across the Asia region on Friday, markets similarly closed mostly lower as investors fear the end of the tariff waiver deadline will mean tariffs will be imposed immediately with a high effect. Hong Kong's Hang Seng fell 0.64%, Japan's Nikkei closed flat, China's CSI index rose 0.36% and South Korea's Kospi index ended the day down almost 2%.Locally on Friday and to end the first trading week of July, the ASX200 posted a 0.1% gain, resetting its record for a second time already this financial year and for the last trading week the index rose 1.04%.Following a stellar year for financial stocks in FY25, we have seen valuations stretched above growth outlook which prompted investors to take some profits and diversify into areas of the market that either have a high growth outlook like the AI movement in tech or that have been sold off sharply in FY25 presenting strong buy opportunities at present. CBA (ASX:CBA) shares fell almost 1% on Friday.Shares in small-cap container operator Silk Logistics (ASX:SLH) jumped 22.4% after receiving approval from the competition regulator for its acquisition by Dubai-based DP World.The Aussie dollar has weakened against the greenback to buy 65.63 US cents, 94.77 Japanese yen, 48 British pence, and 1 New Zealand dollar and 8 cents.What to watch today:On the commodities front this morning, oil is trading 0.56% lower at US$66.46/barrel, gold is up 0.3% at US$3335/ounce and iron ore is up 1.17% at US$96.24/tonne.Ahead of Monday's trading session the SPI futures are anticipating the ASX will open the day flat.And now let's dive into some trading ideas for your consideration today.Trading ideas:Bell Potter has downgraded the rating on Pro Medicus (ASX:PME) from a buy to a hold and have raised the 12-month price target on the leading imaging healthcare tech company to $320/share following the company announcing the renewal and extension of its contract with Franciscan Missionaries of Our Lady Health System in Louisiana and announced a second and larger deal with U. Colorado Health.Trading Central has identified a bullish signal on AMP (ASX:AMP) following the formation of a pattern over a period of 88-days which is roughly the same amount of time the share price may rise from the close of $1.43 to the range of $1.66 to $1.72 according to standard principles of technical analysis.
ASX200: up 0.33%, 8548 GOLD: $3,415 US/ounce BITCOIN: $164,546 The Health Care sector led the way, with stocks up 1.6%, led by CSL, Pro Medicus and Cochlear. James Hardie shares were up 7.1% to $41.70. Brickworks on track to gain in its property division. Shares were up 0.3% to $34.40 Droneshield announced another contract worth $9.7 million, but the company closed the day down more than 4% to $2.28. BHP, Fortescue and Rio Tinto were all down by more than 1%, and also closing lower were Woodside, Xero and Newmont. James Hardie will switch its primary listing to the US as it completes a $14 billion takeover of Azek. See omnystudio.com/listener for privacy information.
Virgin has successfully re-listed on the ASX, but will this IPO bring more companies towards listing on the market again? MARKET WRAP: ASX200: up 0.95% to 8,555 GOLD: $3,327 US/oz BITCOIN: $161,587 AUD BHP rose 2.4%, Fortescue up 4.8%, and Rio Tinto was just over 3% higher. Commbank up 2.1%, NAB up 2.2%, Westpac 2.6% higher and ANZ rising 1.4%. Virgin’s IPO was welcomed by investors, the price rising more than 11% from its initial point of $2.90 to $3.23 Qantas shares up another 2.4% to $10.32. Greatland Resources climbing 44% to $7.30 by the close Wisetech Global up 2.5% and Pro Medicus up 2.6% Woodside fell 6.5%, Santos dropped 1.5%, and Viva Energy fell 3.2%. Origin Energy was 2.5% lower, with APA Group falling 1.7% – as it also announced its dividend. Treasury Wine Estates took a tumble of 0.9% CURRENCY UPDATE: AUD/USD: 65 US cents AUD/GBP: 47.8 pence AUD/EUR: 56 Euro cents AUD/JPY: 94 Japanese yen AUD/NZD: 1.08 NZ dollars See omnystudio.com/listener for privacy information.
Droneshield’s share price has exploded so far this year, so does the threat of war help their outlook? MARKET WRAP: ASX200: down 0.08%, 8541 GOLD: $3,395 US/ounce BITCOIN: $162,400 AUD Santos edged marginally higher to $7.76 despite Federal Treasurer Jim Chalmers warning a $30 billion takeover deal from a UAE based group “has got a long way to run yet”. Gold miners Newmont rose 2.5% and Northern Star rose by 1.5% Uranium stocks were up again, with Deep Yellow up 5.7% and Boss Energy rising more than 3% Life360 was more than 1% higher after a broker upgrade. Pro Medicus dropped just under 1% to $272 a share, while Cochlear dropped 1.6% to $281.66. Genesis Minerals also fell more than 2% to $4.67 James Hardie fell 2.9% to $38.77. CURRENCY UPDATE: AUD/USD: 65.3 AUD/GBP: 48.2 pence AUD/EUR: 56 Euro cents AUD/JPY: 94 yen AUD/NZD: 1.07 Dollars See omnystudio.com/listener for privacy information.
The inflation rate came in steady, but it disappointed some investors who were hoping for better signs on rate cuts. MARKET WRAP: ASX200: down 0.13% to 8,396 GOLD: $3,342 US/oz BITCOIN: $169,222 AUD Web Travel Group saw its shares rocket 12.4% to $5.26 Goodman Group lifted 0.9% to $32.96 on its 3rd quarter update. Up over 1% was REA, Pro Medicus and Qantas. The big four banks all slid, with NAB the worst, down 1.1%. Mineral Resources cut its full-year guidance on iron ore, sending shares down 5.5% to $22.45. While Fisher and Paykel Healthcare dropped 4.8% to $32.49, despite revenue climbing over $2 billion for the first time. CURRENCY UPDATE: AUD/USD: 64.5 US cents AUD/GBP: 47.7 pence AUD/EUR: 56 Euro cents AUD/JPY: 92 Japanese yen AUD/NZD: 1.07 NZ dollars See omnystudio.com/listener for privacy information.
A credit rating downgrade of the US hurt the Australian share market, but how significant is it for investors? MARKET WRAP: ASX200: down 0.58%, 8295 GOLD: $3,187 US/ounce BITCOIN: $160,591 Dominos Pizza down 2.6% as the company announced CEO Kerri Hayman would step down in August. Mineral Resources down 8.8% to $24.08 on the appointment of Malcolm Bundey as Non-Executive Director. BHP down 2.4%, Fortescue losing 4.9% and Bluescope, down 2.6%. Evolution Mining rose 3.2%, Northern Star lifted 1.9% and Capricorn was up 3.4%. Origin Energy up 1.2% to $11.06. Higher by 1% was CBA, REA Group and Pro Medicus. CURRENCY UPDATE: AUD/USD: 64.2 AUD/GBP: 48 pence AUD/EUR: 57 Euro cents AUD/JPY: 93 yen AUD/NZD: 1.09 Dollars See omnystudio.com/listener for privacy information.
This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes. ASX flat Pro Medicus win Transurban cuts Orica jumps Toyota trouble Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.
This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes. ASX flat Pro Medicus win Transurban cuts Orica jumps Toyota trouble Support the show: http://fearandgreed.com.auSee omnystudio.com/listener for privacy information.
Wall Street closed lower on Friday as hotter-than-expected personal spending inflation data and US trade policy uncertainty dampened investor sentiment. The Dow Jones fell 1.7% on Friday, the S&P 500 lost 1.97% and the tech heavy Nasdaq ended the day down 2.7%.On Friday U.S. core personal consumption expenditures price index came in hotter-than-expected for February with a rise of 2.8% and 0.4% MoM indicating persistent inflation across consumer spending.Over in Europe on Friday, markets in the region closed lower as global market sentiment declines on trade and tariff uncertainty. The STOXX 600 fell 0.77%, Germany's DAX and the French CAC each lost 1%, and, in the UK, the FTSE100 ended the day flat.Across Asia on Friday, Trump tariff threats continue to keep investors on edge in the region which led to a negative day across the board on Friday. Japan's Nikkei lost 1.8%, South Korea's Kospi index ended the day down 1.9%, Hong Kong's Hang Seng fell 0.65% and China's CSI index ended the day down 0.44%.Locally to end the week the ASX edged 0.2% higher to end a volatile trading week as Trump's tariffs cloud economic outlook on a global scale. Despite the turbulence, the ASX200 posted a 0.6% gain for the trading week last week as a 2.55% rally for the financial sector and 2% gain among energy stocks offset weakness among the rate sensitive sectors of REIT and Tech stocks.Packaging group Orora took the biggest hit on Friday with an 8% decline after the French Competition Authority announced a review into industry-wide anticompetitive practices, which includes into Saverglass, a European bottle maker that Orora acquired in 2023.Paladin Energy fell a further 4.1% on Friday after the uranium producer retracted its 2025 production guidance due to unseasonably heavy rainfall in Namibia in recent times, which is where Paladin's Langer Heinrich mine is located.What to watch today:Ahead of Monday's trading session here in Australia, the SPI futures are anticipating the ASX will open the day down 1.13%.On the commodities front this morning oil is trading 0.8% lower at US$69.36/barrel, gold is up 0.94% at US$3084.35/ounce and iron ore is up 0.07% at US$102.43/tonne.The Aussie dollar has weakened against the greenback to buy 62.80 US cents, 94.27 Japanese Yen, 49.03 British Pence, and NZ$1.11.Trading Ideas:Bell Potter has decreased the 12-month price target on Pro Medicus (ASX:PME) from $330/share to $280/share and maintain a buy rating on the leading medical imaging company after Bell Potter's analyst completed a review into the timing of new contract installations and their subsequent impacts on revenue over the coming years. The downgrade in PT is due to downgrades in FY25 and FY26 EPS expectations from the analyst following the review into the contract installations.And Trading Central has identified a bullish signal on Telstra Group (ASX:TLS) following the formation of a pattern over a period of 17-days which is roughly the same amount of time the share price may rise from the close of $4.23 to the range of $4.31 to $4.35 according to standard principles of technical analysis.
The market has had a solid run over the past five days but today snapped that winning streak closing slightly lower. Laura and Stevie reflect on this positive run and the impact that tariff conversations may have played in the end to the rally. They reflect on the performance of the sectors with energy and mining doing their part to keep the market aloft, and they talk through the attention grabbing stocks including Pro Medicus and Healius. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
Pro Medicus has been a star on the market, and another deal in the US is setting it up for even more market gains. MARKET WRAP: ASX200: up 0.90%, 8,245 GOLD: $2,872 US/oz BITCOIN: $148,527 AUD Qantas shares up another 5% to $9.99. Harvey Norman lifted 4.2% after a leading broker suggested they may be back challenging JB Hi Fi soon. NextDC bounced of 52 week lows, up 3.6%, but still well of its high of $18.59 Pro Medicus lifted 3.2% after it signed a $40 million contract with a US radiology provider The looming cyclone threat in northern NSW and QLD hurt insurance stocks, with Suncorp down 2.3% and IAG down 0.6% Dominos Pizza went ex dividend today, shares weaker by 2.7% Clarity Pharmaceuticals fell more than 10% after reporting their weaker than expected results CURRENCY UPDATE: AUD/USD: 62.20 US cents AUD/GBP: 49.40 pence AUD/EUR: 59 Euro cents AUD/JPY: 93 Japanese yen AUD/NZD: 1.11 NZ dollars See omnystudio.com/listener for privacy information.
Wall St started the new trading week sharply lower as investors brace for the impact of Trump's tariffs on Mexico and Canada, of which come into effect on Tuesday US time. The Dow Jones fell 2.1%, the S&P500 lost 2.3% and the tech-heavy Nasdaq ended the day down a sharp 3.2%. Investor hopes of a last-minute deal to prevent the tariffs from going ahead were dashed in afternoon trade after President Trump reiterated the 25% levies on imports from Mexico and Canada will go ahead from Tuesday. Companies that face a direct hit from the tariffs tumbled yesterday including Ford and General Motors.Over in Europe on Monday, markets closed higher as defence stocks continue to surge amid renewed spend in the sector. The STOXX 600 rose 1.1%, Germany's DAX rose 2.6%, the French CAC added 1% and, in the UK, the FTSE 100 ended the day up 0.7%.Across the Asia region on Monday, markets mostly rose as investors awaited clarity on Trump's tariff plans. Japan's Nikkei rose 1.7%, Hong Kong's Hang Seng rose 0.44%, Taiwan's Taiex index fell 1.3% and China's CSI index closed down just 0.04%.Locally on Monday the ASX started the new trading month in the green with the key index posting a 0.9% rise at the closing bell and all sectors ended the day higher led by Energy stocks rising 2.02%. The positive market sentiment comes ahead of a wave of tariff implications out of the US commencing this week which is set to shake up market returns and outlook, while we are also bracing locally for the latest slew of economic data with the GDP reading out later in the week. The energy rally on Monday was amid investor outlook for the price of oil to rise when tariffs on Mexico and Canada come into effect as they are two major exporters of crude.Embattled casino operator Star Entertainment Group shares were suspended on Monday following a trading halt after the company failed to lodge accounts to the ASX for reporting season.Medical imaging giant Pro Medicus jumped 3.2% on Monday after the company signed yet another deal to roll out its core imaging tools. The deal worth $40m is with US radiology provider LucidHealth and will see Pro Medicus devices and systems rolled out throughout the LucidHealth network.What to watch today:Ahead of Tuesday's trading session here in Australia the SPI futures are anticipating the ASX will open the day down 1.35% following Wall Street's tumble overnight.On the commodities front this morning oil is trading 2.3% lower at US$68.16/barrel, gold is up 1.11% at US$2888.53/ounce and iron ore is down 0.21% at US$106.90/tonne.The Aussie dollar has weakened against the greenback to buy US$0.62, 92.84 Japanese Yen, 49.13 British Pence and NZ$1.11.Trading Ideas:Bell Potter has maintained a buy rating on Harvey Norman (ASX:HVN) and have raised the 12-month price target on the home goods giant to $6.00/share following the release of 1H25 results including some key beats in the Australian franchising division and also in the NZ operations. Single digit earnings growth across most metrics was reported and the analyst increased the 12-month price target due to multiple catalysts near-mid-term such as improving sales trends and the growing AI movement.And Bell Potter has slightly increased the 12-month price target on Bub's Australia (ASX:BUB) to 15.5cps and maintain a hold rating on the infant formula producer following the release of the company's 1H25 results including net revenue growth of 24% to $48.5m, EBITDA of $0.5m compared to a loss of $6.8m in the PCP, and outlook for net revenue target for FY25 of $102m. The analyst sees Bub's continues to make inroads into the US however remains cognisant of the potential impact of tariffs (if any).
The allure of small-cap investing is undeniable. The chance to find an overlooked gem that can skyrocket is real, but the risks are just as high. Illiquidity, limited analyst coverage, and varying investor strategies create opportunities—but also traps. Success stories like Pro Medicus and Netwealth prove the potential, yet the volatility can be brutal. Steve Johnson, CIO at Forager Funds, knows this world well. In the latest episode of The Rules of Investing, he shares his journey from investment newsletters to funds management and reveals the small caps he's backing for future growth. Don't miss it!
The local market closed 0.2% higher on Friday, buoyed by a strong rally for the consumer staples sector amid strong results out of TWE and investors buying up the supermarket giants on Friday. For the week, the ASX posted a gain of 0.52% as industrials and the consumers stocks rallied, while healthcare stocks took a 3.75% hit over the 5-trading days.Reporting season ramped up on Friday with Avita Medical soaring 11% after the company announced a guidance range of $158m to $167m for commercial revenues in 2025, while GQG rose 5.9% after doubling net inflows to the half year to December.Hearing device specialist Cochlear on the other hand fell 13% on Friday after downgrading profit guidance for FY25 due to weaker services contribution and increased cloud-related investment, despite the company posting a 5% rise in sales in H1 to $1.17bn.In the US on Friday, markets closed mixed on Friday despite investors gaining certainty around Trump's tariff plans and fresh economic data signalling the US inflation story is not running hot as was previously feared. The Dow Jones fell 0.4%, the S&P500 fell just 0.01% and the Nasdaq ended the day up 0.41%. For the week, each of the major averages posted a gain. The latest US inflation reading out last week showed core inflation rose more than expected in January by 0.4% MoM, and 3.3% YoY, while the overall inflation rate rose to 3% YoY, while retail sales in the US fell 0.9% in January MoM, which was more of a decline than the markets were expecting.Across the European region on Friday, markets pulled back from record highs earlier in the week. The STOXX fell 0.24%, Germany's DAX lost 0.44%, the French CAC rose 0.18%, and, in the UK, the FTSE100 ended the day down 0.37%.Asia markets closed mixed on Friday as investors assessed President Trump's reciprocal tariff plans but did not enact levies immediately. China's CSI index rose 0.87%, Hong Kong's Hang Seng rose 3.48%, South Korea's Kospi Index gained 0.31%, and Japan's Nikkei fell 0.79%.What to watch today:Ahead of Monday's session on the ASX, the SPI futures are anticipating the local market will open the day down 0.61%.On the commodities front this morning, oil is trading 0.77% lower at US$70.74/barrel, gold is down 1.73% at US$2880.76/ounce and iron ore is up 0.06% at US$106.83/tonne.The Aussie dollar has strengthened against the greenback to buy US$0.63, 96.63 Japanese Yen, 50.47 British Pence and NZ$1.11.On the reporting season calendar today, Aurizon, Bendigo and Adelaide Bank, BlueScope Steel, Lendlease Group and A2 Milk will release results.Trading Ideas:Bell Potter has upgraded Pro Medicus (ASX:PME) from a hold to a buy rating and have increased the 12-month price target on the leading diagnostic imaging healthcare provider following the release of the company's first half results. Despite PME reporting a small miss on earnings, the outlook remains strong and with 10 contract announcements and strong growth in the cardiology space expected, the analyst sees strong upside potential for the company in H2.And Trading Central has identified a bullish signal on Endeavour Group (ASX:EDV) following the formation of a pattern over a period of 52-days which is roughly the same amount of time the share price may rise from the close of $4.42 to the range of $4.68 and $4.74 according to standard principles of technical analysis.
Another big day of earnings with Temple & Webster, Treasury Wines, Domain Holdings and IAG all under the microscope. MARKET WRAP: ASX200: up 0.06%, 8,540 GOLD: $2,944 US/oz BITCOIN: $153,414 AUD Temple & Webster’s profit jumped 118% to almost $9 million on increased sales, with shares up 13% to $16.14. Domain Holdings pushed almost 7% higher to $2.92 after the company reported revenue growth of 7.4%. South 32 up 4.1%, Newmont up by 3.2% Mineral Resources – which confirmed CEO Chris Ellison would exit the business – gained almost 7%. Treasury Wines reported weaker sales with shares dropping 5.7% to $10.51. IAG saw a lift in its profit, but shares dropped more than 12% to $7.80. Pro Medicus fell 3.2% to $279.08 after disappointing on its earnings. CURRENCY UPDATE: AUD/USD: 62.97 US cents AUD/GBP: 50.4 pence AUD/EUR: 60 Euro cents AUD/JPY: 97 Japanese yen AUD/NZD: 1.11 NZ dollars See omnystudio.com/listener for privacy information.
Chemist Warehouse merges with Sigma Healthcare and storms onto the ASX. Plus, a wrap up of the top ASX half-year results, US Fed Chair Jerome Powell clashes with Donald Trump over his rate cuts, and the CEO of 2024's hottest stock, Pro Medicus. See omnystudio.com/listener for privacy information.
This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes. Rate cut hopes T&W furniture boom Pro Medicus falls ASX profit jumps Trump and Putin Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.
Pro Medicus is one of the most interesting companies on the ASX - and one of the best performing stocks, having risen around 1,000% in the last five years. Yesterday, the medical imaging software company announced record revenue and profit, off the back of a stack of new contracts, particularly in the US. But while its share price initially rose, it closed down more than three per cent - a consequence of the stock being priced to perfection, and the result being just a touch below expectations. Dr Sam Hupert speaks to Ausbiz's Nadine Blayney about the result, staying ahead of the competition, and succession planning at the business he co-founded 40 years ago. Fear & Greed is proud to partner with Ausbiz, Australia's leading provider of live and on-demand video of the latest news in Australian business, markets, economy and startups. Sign up for free at ausbiz.com.au You can watch this interview with Dr Sam Hupert here.Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.
Friday 14 February 2025 The local sharemarket hits a record high as Chemist Warehouse joins the bourse. And more, including: The federal independents let it be known that whoever wins the next election will have to work hard for their support. And a bunch of earnings results, from Treasury Wines and Temple & Webster to IAG and Pro Medicus. Plus Apple TV will finally be allowed on android devices, and Donald Trump is set to meet Vladimir Putin. And don’t miss the latest episode of How Do They Afford That? - how to choose the right roboadviser. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.
This is the Fear and Greed Afternoon Report - the top five things you need to know today, in just five minutes. Rate cut hopes T&W furniture boom Pro Medicus falls ASX profit jumps Trump and Putin Support the show: http://fearandgreed.com.auSee omnystudio.com/listener for privacy information.
Earnings season continues, with Commonwealth Bank, AGL, Suncorp and Evolution Mining all in the spotlight today. MARKET WRAP: ASX200: up 0.61%, 8,535 GOLD: $2,919 US/oz BITCOIN: $152,578 AUD CBA up another 2.4% to a new high of $165.98. Strong first half earnings of $287 million helped ComputerShare to lift 15.5% to $41.53. Suncorp shares up 1.3% to $20.62. AGL just managed to finish in the green as it bore the brunt of increased coal costs. While higher gold prices contributed to record earnings for Evolution Mining, with shares up 1.1% to $6.29. The tech sector finished down, with losses of 1.6% for Xero, Technology One sinking 1.8%, and NextDC dropping 2.4%. Down by more than 1% were Pro Medicus, James Hardie and Northern Star Resources. CURRENCY UPDATE: AUD/USD: 62.91 US cents AUD/GBP: 50.5 pence AUD/EUR: 60 Euro cents AUD/JPY: 96 Japanese yen AUD/NZD: 1.11 NZ dollars See omnystudio.com/listener for privacy information.
The market has seen some recoveries today following the substantial tumbles of yesterday. Tariffs continue to be the topic of conversation as delays are now in discussion, and these mixed messages have resulted in erratic market performances internationally. Laura and Stevie look at the local market performance, with tech, banking, and mining recovering some losses, and overall around half of the sectors seeing gains. Pro Medicus attracted attention today, as did Woolworths, and Nufarm. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
Another night of tariff disruption for global markets, but will China’s lack of negotiation end up hurting Australian companies? MARKET WRAP: ASX200: down 0.06% to 8,374 GOLD: $2,839 US/oz BITCOIN: $158,676 AUD Cettire rebounding 7.2% to $1.26 Pro Medicus saw gains of 5.2% to $283.92 after signing a $53 million contract with a US healthcare company to use its imaging platform. Tech gains were led by a rise of 3.6% for Wisetech Global. Gains for BHP, Fortescue & Rio Tinto. Seek finished the day flat after its proposed acquisition of reference check software company Xref fell through. Goodman, Scentre and Stockland all finished down. The Big Four banks all closed in the red CURRENCY UPDATE: AUD/USD: 62.02 US cents AUD/GBP: 50.0 pence AUD/EUR: 60 Euro cents AUD/JPY: 96 Japanese yen AUD/NZD: 1.10 NZ dollars See omnystudio.com/listener for privacy information.
Trump’s tariffs tanked global markets, but could there be some ASX-listed entities that benefit from the global trade fall out. MARKET WRAP: ASX200: down 1.79%, 8,379 GOLD: $2,819 US/oz BITCOIN: $155,130 AUD Fisher & Paykel Healthcare said its cost pressures would increase from the Mexican tariffs, sending its shares down 7.4% to $31.80 CSL was down 1.8%, Pro Medicus fell 3% and Resmed dropped 3.1%. A reduction in full-year guidance from Westgold after slower-than-expected progress on its mines saw its shares losing 12.4% to $2.26 Fortescue down 4.4%, NAB shed 2.3% and Wesfarmers dropped 1.9%. KMD Brands rose 4.1% to 38 cents a share Regis Resources established a $300 million credit facility, sending its shares almost 2% higher. Telstra, Yancoal, and Seek swam against the tide to finish higher. CURRENCY UPDATE: AUD/USD: 61.40 US cents AUD/GBP: 49.9 pence AUD/EUR: 59 Euro cents AUD/JPY: 95 Japanese yen AUD/NZD: 1.10 NZ dollars See omnystudio.com/listener for privacy information.
Australian stocks rallied to record highs this week due to easing inflation and positive corporate results, raising hopes for a February rate cut. The upcoming earnings season will reveal the impact of factors like subdued Chinese demand, a weakening Australian dollar, and fluctuating commodity prices on various sectors, including miners, tech, REITs, and consumer discretionary.In this week's wrap, Grady covers: (0:50): China's signs of a post- pandemic recovery(1:31): what the gold rally means for gold producers (2:11): the performance of mining stocks (3:30): what to expect this reporting season (4:23): how the local market performed this week so far (5:11): the most traded stocks & ETFs by Bell Direct clients (5:38): economic news items to watch out for.
In this conversation, we cover: - how Sustainable growth has 8 ten baggers - lessons from Mastercard - overviews of big winners like Pro Medicus and Wisetech Global - many other companies like MELI, NVDA, FICO, etc Thank you so much for listening, we really appreciate you. If you have found this valuable, please consider leaving us a review as it will help more people find it! Thanks you're awesome! You can find more information and content here. Again, we really appreciate that you would take the time to listen. Hope it was valuable. Let us know if you have any questions! To listen to more episodes, you can find them here. Disclaimer: Under the Investing City umbrella, Infuse Asset Management LP (“Infuse”) is an investment management company to a fund that is in the business of buying and selling securities and other financial instruments. This information is provided for informational purposes only and does not constitute investment advice or an offer or solicitation to buy or sell an interest in a private fund or any other security. An offer or solicitation of an investment in a private fund will only be made to accredited investors pursuant to a private placement memorandum and associated documents. Infuse may change its views about or its investment positions in any of the securities mentioned in this document at any time, for any reason or no reason. Infuse may buy, sell, or otherwise change the form or substance of any of its investments. Infuse disclaims any obligation to notify the market of any such changes. The information in this material is only current as of the date indicated and may be superseded by subsequent market events or for other reasons. Statements concerning financial market trends are based on current market conditions, which will fluctuate. Any statements of opinion constitute only current opinions of Infuse which are subject to change and which Infuse does not undertake to update. Due to, among other things, the volatile nature of the markets, and an investment in the fund/partnership may only be suitable for certain investors. Parties should independently investigate any investment strategy or manager, and should consult with qualified investment, legal and tax professionals before making any investment. The fund is not registered under the investment company act of 1940, as amended, in reliance on an exemption thereunder. Interests in the fund have not been registered under the securities act of 1933, as amended, or the securities laws of any state and are being offered and sold in reliance on exemptions from the registration requirements of said act and laws.
If bank stocks ran too hot on the ASX in 2024, should investors chase them again in 2025? Perhaps there are better opportunities in the year ahead: We're talking miners, industrials and technology leaders. Jun Bei Liu, portfolio manager at Ten Capital joins wealth editor James Kirby in this special summer edition of the show. ----- In today's show, we cover: * The limited outlook for bank stocks* The forces that may trigger a rebound for resource stocks * Why the consumer retail boom will keep going * CSL, JB Hi-Fi, Pro Medicus, Rio...what's in store? See omnystudio.com/listener for privacy information.
Weaker performance by the energy companies across this year was helped with a jump in the oil price overnight. MARKET WRAP: ASX200: down 0.28%, 8,330 GOLD: $2,751 US/oz BITCOIN: $156,644 AUD Tech reversed its recent falls, staying green as the two biggest companies Wisetech and Xero finished higher. A lift in the spot price of gold back over $2700 US an ounce helped local miners today. Perseus and Regis both rose 0.7%, and Evolution was up 0.6%. Also rising by more than 1% were Suncorp, Qantas and Pro Medicus. Downer shares fell 6% to $5.37, while Ventia lost more than 22% to finish at $3.33. See omnystudio.com/listener for privacy information.
This week, key economic news was released which drove both international and global markets. From inflation data readings coming out of both the US and China, to jobs data coming out in Australia, impacting the local market. Grady dives deep into the impact these readings had on the market as we head towards the festive period.In this week's wrap, Grady covers:(0:25): the final US inflation reading of 2024(1:43): China's easing inflation, signalling sluggish economic recovery(2:45): Australian unemployment falling below economist expectations(3:33): how the ASX200 performed this week so far (4:16): the most traded stocks & ETFs by Bell Direct clients (4:42): economic news items to watch out for.
The merger between Chemist Warehouse and Sigma looks closer than ever after the companies gave an update to the market today. MARKET WRAP: ASX200: down 0.75%, 8,193 GOLD: $2,612 US/oz BITCOIN: $134,135 AUD Nine of the eleven sectors were in the red, with tech stocks again the biggest loser Wisetech slid 3% to $121.79, and Xero down 1.4% to $168.62. South32 dropping 4.4% to $3.52 after saying escalating problems in Mozambique had affected transport to its operations. ANZ, Rio Tinto and Santos were all down by more than 1%. Higher real estate stocks were led by Goodman, up 1.7% and Stockland, up 2.2%. While also lifting were Wesfarmers, Pro Medicus and Resmed. CURRENCY UPDATE: AUD/USD: 64.74 US cents AUD/GBP: 49.9 pence AUD/EUR: 60 Euro cents AUD/JPY: 96 Japanese yen AUD/NZD: 1.10 NZ dollars See omnystudio.com/listener for privacy information.
This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes. Cash rate on hold Pro-Medicus sell-off Flag furore WOW NZ problems Ad agencies unite Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.
This is the Fear and Greed Afternoon Report - the top five things you need to know today, in just five minutes. Cash rate on hold Pro-Medicus sell-off Flag furore WOW NZ problems Ad agencies unite Support the show: http://fearandgreed.com.auSee omnystudio.com/listener for privacy information.
The guys discuss the fall and fall of eCommerce giant, The Iconic; Pro Medicus incredible run, why margin is everything in luxury retail, did the AFR get it wrong and the guys chat computer games Thanks for listening! Join us on LinkedIn: https://www.linkedin.com/company/the-contrarians-with-adam-and-adir-podcast Subscribe on YouTube for all our video content: https://https://www.youtube.com/@ContrariansPodcast Follow us on Instagram: https://www.instagram.com/contrarianspod Follow us on TikTok: https://www.tiktok.com/@contrarianspod
The Commonwealth Bank has received backlash for its plans to charge accounts, but is it a dollar shifter for investors? MARKET WRAP: ASX200: down 0.38% to 8,462 GOLD: $2,670 US/oz BITCOIN: $150,125 AUD Goodman Group fell 2.9% to $37.02 after a $1.9 billion block trade after the market closed last night. Stockland and Mirvac were also weaker. Pro Medicus was a standout, jumping 1.8% to $261.24 after its founders said they wouldn't be selling any additional shares to institutions. SG Fleet was also higher by 2.7% to $3.42 after a private equity firm agreed to buy the vehicle leasing business. Rio Tinto, Fortescue and Wisetech Global all finished in the green. Droneshield continues to be sold off down more than 6% today to 70 cents – well off highs of more than $2.70 in July And there were drops for all the major banks. CURRENCY UPDATE: AUD/USD: 64.42 US cents AUD/GBP: 50.8 pence AUD/EUR: 61 Euro cents AUD/JPY: 96 Japanese yen AUD/NZD: 1.10 NZ dollars See omnystudio.com/listener for privacy information.
This is the Fear and Greed Afternoon Report - the top five things you need to know today, in just five minutes. GDP disappoints Tabcorp cuts Women invest fund Pro Medicus relief Rio copper deal Support the show: http://fearandgreed.com.auSee omnystudio.com/listener for privacy information.
This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes. GDP disappoints Tabcorp cuts Women invest fund Pro Medicus relief Rio copper deal Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.
The Aussie share market hit its second record high of the week, marking the 15th for the financial year, with gains driven by financials and healthcare stocks. Key standouts included Pro Medicus, surging 9% on a $330 million U.S. deal, and Sigma Healthcare, up 50% this month following a Chemist Warehouse merger. Meanwhile, Star Entertainment saw its shares tumble nearly 5% amid ongoing revenue challenges. Looking ahead, U.S. markets will be closed tomorrow for Thanksgiving, while a speech from RBA Governor Michelle Bullock and upcoming AGMs keep investors alert. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
A deal between Amcor and US group Berry group will see the Aussie packaging giant have 400 factories in its operations. MARKET WRAP: ASX200: down 0.57%, 8,326 GOLD: $2,628 US/oz BITCOIN: $142,306 AUD Utility and Health Care stocks just escaped the losses, with CSL up 1.1% and Pro Medicus rising 1%. Northern Star and Evolution mining both up 1% Small gains for Commonwealth Bank, Infratil and Origin Energy. Amcor's merger announcement saw down 1.2% to $15.51. Energy stocks were down around 1%, with Woodside & Santos both falling around 0.7%. Nick Scali told the market that freight problems had hurt its guidance, shares fell 1.7% to $13.84. Telstra was down 2.3% and James Hardie fell 2%. CURRENCY UPDATE: AUD/USD: 65.23 US cents AUD/GBP: 51.4 pence AUD/EUR: 61 Euro cents AUD/JPY: 101 Japanese yen AUD/NZD: 1.10 NZ dollars See omnystudio.com/listener for privacy information.
HMC Capital is the latest company to get in on the data centre craze, with the trend set to continue with the rise of AI. MARKET WRAP: ASX200: down 0.35%, 8,266 GOLD: $2,678 US/oz BITCOIN: $123,353 AUD BHP dropping 4.1% to $41.63, Fortescue down 7.3% to $18.12, and Rio Tinto falling 3.1% to $119.47. HMC Capital saw shares rising 4% after revealing plans to launch a data centre investment trust on the ASX Battery tech provider Novonix rallied 12.5% as it signed a supply deal with a US auto company. Goodman Group gained 2.5% and Resmed was up 1.9%. Lower sales for Endeavour saw its shares dropping by 4.9% to $4.50. Backwards by more than 1% was Pro Medicus, Seek and APA Group. CURRENCY UPDATE: AUD/USD: 65.84 US cents AUD/GBP: 51.03 pence AUD/EUR: 61.5 Euro cents AUD/JPY: 101 Japanese yen AUD/NZD: 1.10 NZ dollars See omnystudio.com/listener for privacy information.
Growth in its cloud computing business helped Alphabet – the parent company of Google – to a decent quarterly update. MARKET WRAP: ASX200: down 0.83%, 8,284 GOLD: $2,798 US/oz BITCOIN: $110,150 AUD Consumer Staples dropped 3.6% led by a disappointing update from Woolworths Star Entertainment fell 3.8% to 25.5 cents a share with quarterly earnings showing a loss of $18 million. Commbank down 0.9%, NAB down 1.2%, ANZ down 1.1% and Westpac down 0.7%. Pilbara Minerals shares up 1.1% to $2.88, even though the company cut its guidance Real Estate shares were higher, with Goodman up 1.2%, and Dexus up 0.7%. Gains for Aristocrat Leisure, Pro Medicus and Telix Pharmaceuticals CURRENCY UPDATE: AUD/USD: 65.56 US cents AUD/GBP: 50.4 pence AUD/EUR: 60 Euro cents AUD/JPY: 100 Japanese yen AUD/NZD: 1.09 NZ dollars See omnystudio.com/listener for privacy information.
Data centres might be the hottest property on the market right now, so what exposure can you get on the ASX? MARKET WRAP: ASX200: up 0.41%, 8,284 GOLD: $2,691 US/oz BITCOIN: $99,962 AUD Woodside's full-year guidance upgrade saw shares lift 0.6% to $24.93. Gold miners Evolution Mining finished up 6.8% to $5.01, and Northern Star lifted 1.8% to $16.81. Bank of Queensland's shares lifted by more than 6.5%. Qantas lifted 1.8% and Harvey Norman finished up 0.8% Rio Tinto, which dropped 1.1% to $120.78 after saying it had shipped less than expected. A $32 million contract extension for imaging healthcare tech company Pro Medicus couldn't help the share price, down 2.4%. Slides of 1% or greater for Wisetech Global, Woolworths and QBE Insurance. CURRENCY UPDATE: AUD/USD: 66.88 US cents AUD/GBP: 51.5 pence AUD/EUR: 61 Euro cents AUD/JPY: 99 Japanese yen AUD/NZD: 1.10 NZ dollars See omnystudio.com/listener for privacy information.
WiseTech Global has been a real darling of the local stock market, with the share price of the tracking company surging on strong growth projections.Dushko Bajic, Head of Australian Equities Growth at First Sentier Investors, talks to Sean Aylmer about the story behind WiseTech, as well as other local tech successes Pro Medicus and Xero.This is general information only, and you should seek professional advice before making investment decisions.Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.
A quiet day on the market today is leading up to a big decision for the US Fed on rates overnight. MARKET WRAP: ASX200: up 0.02%, 8,142 AUD: 67.76 US cents GOLD: $2,595 US/oz BITCOIN: $88,788 AUD Utility stocks up 1.3%, led by Origin Energy, which lifted by 2.2% There were lifts of more than 1% for Reece, and Pro Medicus. Next DC shed 0.9% to $16.83 after announcing the launch of its share purchase plan. Materials fell by 0.5% with BHP, Fortescue and Rio Tinto all down. Resmed dropped 3% and Fisher & Paykel fell by 1% CURRENCY UPDATE: AUD/USD: 67.80 US cents AUD/GBP: 51.3 pence AUD/EUR: 60 Euro cents AUD/JPY: 96 Japanese yen AUD/NZD: 1.09 NZ dollars See omnystudio.com/listener for privacy information.
While attention might be on company reporting, a slide in the iron ore price presents a few worries for our miners. ASX200: up 0.31%, 7,850 AUD: 66.27 US cents GOLD: $2,508 US/oz BITCOIN: $91,901 AUD Comm Bank dominated the headlines, up 1.3% A gold price surge over the last twelve months helped Evolution Mining to record earnings, and a share price that spiked by 6.6%. A 37% jump in net profit helped Pro Medicus to continue its strong run, up another 7.2% today. Sinking iron ore prices – which are now down to $96 US dollars a tonne in Singapore Futures trading – had an impact on our large producers. BHP fell by 2.8%, Fortescue dropped 4.6%, and Rio Tinto shed 2.6%. Also falling into the red was Dexus, Whitehaven, and NAB. See omnystudio.com/listener for privacy information.
Join Candice and Felicity as they welcome Jun Bei Liu, Portfolio Manager of Tribeca's Alpha Plus Fund, back to the podcast!In this episode Jun Bei shares her insights on the current market and how she positions her fund amidst market uncertainty.Get an inside look at Jun Bei's high-conviction stocks, including Pro Medicus and Life 360, and her thoughts on the upcoming Australian reporting season. She also discusses the Chinese economy's outlook and how it influences ASX-listed companies.Don't miss out on Jun Bei Liu's valuable perspectives. Tune in and let's Talk Money! Follow Talk Money To Me on Instagram, or send Candice and Felicity an email with all your thoughts here. Felicity Thomas and Candice Bourke are Senior Advisers at Shaw and Partners, and you can find out more here. *****In the spirit of reconciliation, Equity Mates Media and the hosts of Talk Money To Me acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****Talk Money To Me is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.Talk Money To Me is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.
After being pushed back by Anglo American for a request for more time, BHP will now have to wait to get any takeover deal done. ASX200: down 0.49%, 7,628 AUD: 66.08 US cents GOLD: $2,333 US/oz BITCOIN: $101,987 AUD BHP couldn't get a deal for Anglo American over the line, and that sent shares down 1.7% to $44.30 Iron ore price falls saw Fortescue down 3.1% and Rio Tinto down 1.5%. Gold companies down with Chalice Mining dropping a huge 11.7%, Northern Star and Evolution Mining both down 2.8%. And both Woodside and Santos were in the red by more than 1% A lift of further beef sanctions by China saw AACo up 2.8% to $1.45. A note out of Goldman Sachs talking up the prospect of Qantas helped shares to rise 2.7% to $6.07. And it was a strong day for Domain Holdings, up 2.4%, Domino's Pizza up 2.9% and Pro Medicus, lifting 3.6%. See omnystudio.com/listener for privacy information.
Ce vendredi 12 avril 2024, Alice Lhabouz, présidente-fondatrice de Trecento Asset Management, et Sébastien Korchia, directeur général et directeur des investissements de Cogefi Gestion, se sont penchés sur les titres de Pro Medicus, Bureau Veritas, et Fortum, dans On achète ou on vend ? dans l'émission C'est Votre Argent présentée par Marc Fiorentino. C'est Votre Argent est à voir ou écouter le vendredi sur BFM Business.
Andrew, Matt, and Claude go over Queensland's "solution" to the housing affordability crisis, the OpenAI and Sam Altman drama, as well as discussing Volpara's latest results, and touching briefly on Pro Medicus and Maxiparts.Follow us on Twitter: @BabyGiantsPodSubscribe to our channel: https://www.youtube.com/channel/UCSXgHHJ4XjWK-r1k4O0pj1g-----0:55 - Good News (sort of)7:48 - Good News12:35 - OpenAI and Sam Altman drama27:28 - Volpara Health Technologies (ASX: VHT)40:08 - Pro Medicus (ASX: PME)43:50 - Maxiparts (ASX: MXI)
Pro Medicus Limited, 2023 Earnings Call, Aug 15, 2023