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The Market Wrap with Henry Jennings, Senior Investment Analyst & Portfolio Manager at Marcus Today

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The Australian share market hit an all-time high, even with fears about tariffs and political instability hitting the market

MARKET WRAP:

  • ASX200: up 0.84% to 8,587
  • GOLD: $3,330 US/oz
  • BITCOIN: $167,552 AUD
  • Woodside rose 0.7%, Santos up 1.2% and Yancoal gained 4%, as oil prices were higher.
  • Commonwealth rose 1.2% to $182 a share, with NAB up 1.5%, ANZ up 1.1% and Westpac up 1%.
  • Austal shares lifted 7.3% to $6.19.
  • Metcash up 3.5% to $3.51
  • Next DC 5.2% higher on news of contract wins.
  • Ora Banda Mining still fell 4.6% to $1.05.
  • Backwards by more than 1% were Seven Group Holdings, Evolution Mining and Qantas.

CURRENCY UPDATE:

  • AUD/USD: 65.1 US cents
  • AUD/GBP: 48.3 pence
  • AUD/EUR: 57 Euro cents
  • AUD/JPY: 94 Japanese yen
  • AUD/NZD: 1.08 NZ dollars
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