Player FM 앱으로 오프라인으로 전환하세요!
End of Day Report – Tuesday 26 November: ASX 200 down 58 points | Banks smashed
Manage episode 451989362 series 2991632
ASX 200 fell 58 points to 8359 (-0.7%) on Trump tariff plans and banks saw a large sell-off with the Big Bank Basket down to $257.85 (-2.7%). CBA led the market lower down 3.6% as investors woke to the extraordinary gains from the big four this year. WBC, ANZ and NAB slid half as much. MQG rose 0.8% on some rotation, insurers slid as bonds fell, QBE off 2.1% and SUN off 2.2%. ASX dropped 4.3% as it outlined plans for the CHESS replacement in 2029. REITs firm on lower rates, GMG up 0.9% and SCG up 1.4%. Industrials mixed, WES fell 0.8% and TLC up 0.4% and SGH up 1.0%. Retail slightly firmer, SUL up 0.9% and DMP up 4.2%. Healthcare mixed, CSL down 0.3% and PME up again, SHL up 2.6% with some positive broker comments. Resources were weaker, gold miners falling as bullion was dumped, NST down 2.4% and NEM down only 0.5% despite ex-dividend after a sale of another project. Oil and gas stocks were dumped with WDS down 3.8% and STO off 4.2% with uranium easing. In corporate news, EML up 29.2% after earnings rose 46% in Q1. RHC up 3.5% after saying it had a positive start to FY25. On the economic front, Trump announced his first executive decision will see Mexico and Canada hit with a blanket 25% tariff and China to get an additional 10%. Asian markets mixed, China up 0.5%, HK up 0.4% and Japan down 1.6%. 10Y yields 4.44%. Dow Futures up 16 points. NASDAQ Futures up 26 points.
Why not sign up for a free trial? Get access to expert market insights and manage your investments with confidence.
Ready to invest in yourself? Join the Marcus Today community.
1666 에피소드
Manage episode 451989362 series 2991632
ASX 200 fell 58 points to 8359 (-0.7%) on Trump tariff plans and banks saw a large sell-off with the Big Bank Basket down to $257.85 (-2.7%). CBA led the market lower down 3.6% as investors woke to the extraordinary gains from the big four this year. WBC, ANZ and NAB slid half as much. MQG rose 0.8% on some rotation, insurers slid as bonds fell, QBE off 2.1% and SUN off 2.2%. ASX dropped 4.3% as it outlined plans for the CHESS replacement in 2029. REITs firm on lower rates, GMG up 0.9% and SCG up 1.4%. Industrials mixed, WES fell 0.8% and TLC up 0.4% and SGH up 1.0%. Retail slightly firmer, SUL up 0.9% and DMP up 4.2%. Healthcare mixed, CSL down 0.3% and PME up again, SHL up 2.6% with some positive broker comments. Resources were weaker, gold miners falling as bullion was dumped, NST down 2.4% and NEM down only 0.5% despite ex-dividend after a sale of another project. Oil and gas stocks were dumped with WDS down 3.8% and STO off 4.2% with uranium easing. In corporate news, EML up 29.2% after earnings rose 46% in Q1. RHC up 3.5% after saying it had a positive start to FY25. On the economic front, Trump announced his first executive decision will see Mexico and Canada hit with a blanket 25% tariff and China to get an additional 10%. Asian markets mixed, China up 0.5%, HK up 0.4% and Japan down 1.6%. 10Y yields 4.44%. Dow Futures up 16 points. NASDAQ Futures up 26 points.
Why not sign up for a free trial? Get access to expert market insights and manage your investments with confidence.
Ready to invest in yourself? Join the Marcus Today community.
1666 에피소드
모든 에피소드
×플레이어 FM에 오신것을 환영합니다!
플레이어 FM은 웹에서 고품질 팟캐스트를 검색하여 지금 바로 즐길 수 있도록 합니다. 최고의 팟캐스트 앱이며 Android, iPhone 및 웹에서도 작동합니다. 장치 간 구독 동기화를 위해 가입하세요.