Market Wraps
Daily and weekly summaries of what moved the ASX small-cap market
Market Wrap: Tech sell off and rising oil prices send market lower
ASX slips 0.2% as tech sell-off and oil above US$112 weigh; Zip plunges 26.8% on rising losses and a US fraud hit.
Recent Wraps
Market Wrap: September Swoon Continues As Higher Rates And Oil Depress Prices
ASX 200 slips 0.4% to 8,665 as September deepens amid higher rates and oil spike; tech falls, staples edge higher amid market rout.
Weekly Wrap: AI Boom Offsets Mining Weakness as Markets Navigate Growth, Rates and Geopolitical Risks
Megaport rockets on $827.3m AI cloud raise as healthcare rebounds; miners fade with iron ore weakness amid rates and Middle East risk.
Weekly Wrap: ASX Rebounds On Optimism; Top Picks From Fundie
ASX rebounds 0.9% after April CPI cools to 4.2%; investors pare June RBA hike bets as oil eases and geopolitical tensions cool.
Earlier Wraps
Weekly Wrap: Geopolitical Relief and Rate Hopes Spark Late Week Rebound for the ASX
ASX rebounds late week: easing rate fears and Persian Gulf peace hopes power a 0.41% Friday rise, after a 7-week low.
Weekly Wrap: Strong Week Despite Late Fade
ASX up 4.4% for the week; strongest since Oct 2022, despite Friday fade. Magellan-Barrenjoey merger approved; Telix jumps on US regulator nod; Iran talks ahead.
Weekly Wrap: ASX investors pondering a heap of variables over Easter
ASX ends Easter week near 1% higher amid oil spikes and Trump-Iran tensions; energy trims losses while tech slides, awaiting post-holiday trading.
Weekly Wrap: Shares fall another 2.6% for the week as conflict worsens
ASX 200 slides 2.6% this week to 8,617 as Iran-Israel conflict lifts oil above $100; NST and SYR plunge, while EOS soars on a Middle East contract.
Weekly Wrap: A record close and 3.7% month a big thumbs up
ASX 200 finishes at record close, up 3.7% in Feb as BHP profits beat and banks top forecasts; Block rockets on staff cuts; rare-earths rally lifts Lynas/Iluka.
Weekly Wrap: ASX slips on war fears as earnings beat expectations buoy week
War fears nudge ASX 200 lower despite QBE's 21% profit surge; energy gains lift oil names, tech slumps; Guzman sinks below float.
Weekly Wrap: AI Margin Squeeze Hits Software Peers as ASX Slips, Yet Week Ends Higher
ASX slips 1.4% as AI fears squeeze software margins; yet the week climbs 2.4% on bank strength and gold rebound.
Weekly Wrap: ASX 200 slides 2% as froth indicators deepen global pullback
ASX 200 skids 2% as Bitcoin froth indicators fade and AI concerns weigh on tech and miners; weekly loss 1.8%.