End of Day Report – Wednesday 13 May: ASX 200 drops 40 points | CBA drops 10.4%
The ASX 200 fell another 40 points to 8630 (0.5%) as the banks came under intense pressure following the budget last night. Adding to the bank woes was the update from CBA, which shocked the market as...
13 Touko 14min
Pre-Market Report – Wednesday 13 May: US markets slip a little | Chips fall, oil up
US stocks cut losses in the last three hours of trading, with the S&P 500 closing 0.2% lower, the Dow remaining near the flat line, and the Nasdaq falling 0.7%. Hot April CPI report consolidated worri...
12 Touko 14min
End of Day Report – Tuesday 12 May: ASX 200 drops 31 points | Industrials, banks, healthcare fall
The ASX 200 fell 31 points to 8671 (0.4%), as once again we saw selling in the banking sector weigh on the market. The Big Bank Basket fell to $280.74 (1.6%), with CBA down 1.4%, ANZ falling 2.1%, and...
12 Touko 13min
Pre-Market Report – Tuesday 12 May: US markets slightly better | Budget in focus
US stocks rose on Monday, rebounding from a subdued start to the session, as the S&P 500 added 0.2% and the Nasdaq gained 0.1% to reach fresh record highs, supported by a strong rally in chipmakers am...
11 Touko 12min
End of Day Report – Monday 11 May: ASX 200 falls 43 to 8702 | CSL drops 16% on write downs
The ASX 200 dropped 43 points to 8702 (0.5%) as CSL shocked investors again, with a huge write-off and a downgrade to guidance. CSL accounted for most of the loss today. Elsewhere, banks recovered so...
11 Touko 11min
Pre-Market Report – Monday 11 May: US markets push a little higher | SPI down 42
The US markets just keep on keeping on. The S&P 500 ended up 0.84% at 7,398 and the Nasdaq gained 1.71% to 26,247, both hitting record highs. The Dow was little changed, up 12 points to 49,609. The te...
10 Touko 12min
End of Day Report – Friday 8 May: ASX 200 falls 1.5% as banks smacked | Up 14 points for the week
The ASX 200 we dropped 134 points to 8744 (-1.5%) today as the banking sector came under extreme pressure. We saw CBA down 1.9%, WBC down 4.8% ex-dividend today and the Big Bank Basket falling to $288...
8 Touko 10min
Pre-Market Report – Friday 8 May: US markets ease ahead of NFP | SPI down 152
The S&P 500 fell on Thursday after hitting a new all-time intraday high as oil prices came back from sizable losses, with traders eyeing more developments between the U.S. and Iran. The broad market i...
7 Touko 12min
