All Ordinaries (ASX:XAO) holds on despite tech selloff: Inflation increases to 5.2%
The tech sector fell 1% and healthcare 0.7% as bond yields continue to increase around the world and place pressure on long-term growth companies.
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The tech sector fell 1% and healthcare 0.7% as bond yields continue to increase around the world and place pressure on long-term growth companies.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.11% to 7030.30.
Pro Medicus Limited (ASX: PME) was a standout, adding 12.4%. The radiology imaging technology firm announced another $140 million ten year contract in the US as the business continues to scale quickly.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.45% to 7044.90.
At current prices, PXA shares have never been cheaper and appear undervalued on 26x FY25e P/E – estimates which only assume a partially success to its UK rollout and continued subdued Australian housing volumes.
Another 4% fall in the price of iron ore was almost enough to drive the S&P/ASX200 (INDEXASX: XJO) lower, with the materials sector falling 0.7% to open the week.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.11% to 7076.50.
The Synlait Milk Ltd (ASX:SM1) share price is up more than 2% after releasing its FY23 result to the market.
The Qantas Airways Limited (ASX:QAN) share price is in focus after the airline gave a market update for September 2023.
The tech sector fell 1% and healthcare 0.7% as bond yields continue to increase around the world and place pressure on long-term growth companies.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.11% to 7030.30.
Pro Medicus Limited (ASX: PME) was a standout, adding 12.4%. The radiology imaging technology firm announced another $140 million ten year contract in the US as the business continues to scale quickly.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.45% to 7044.90.
At current prices, PXA shares have never been cheaper and appear undervalued on 26x FY25e P/E – estimates which only assume a partially success to its UK rollout and continued subdued Australian housing volumes.
Another 4% fall in the price of iron ore was almost enough to drive the S&P/ASX200 (INDEXASX: XJO) lower, with the materials sector falling 0.7% to open the week.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.11% to 7076.50.
The Synlait Milk Ltd (ASX:SM1) share price is up more than 2% after releasing its FY23 result to the market.
The Qantas Airways Limited (ASX:QAN) share price is in focus after the airline gave a market update for September 2023.
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