scroll

Opinion + Action

The latest views from real investors with real money in the markets.

FIND OUT MORE

ANALYSIS
OPINION
ACTION

ANALYSIS

Market Analysis

4DX.AX

-1.71%

ABG.AX

ASK.AX

0.71%

AGL.AX

0.43%

AIZ.AX

-1.43%

AAI.AX

-0.83%

ALK.AX

A4N.AX

-6.92%

ALQ.AX

0.23%

AMC.AX

-1.14%

AOV.AX

-0.94%

AMP.AX

0.34%

AEL.AX

ALD.AX

0.51%

ANN.AX

-1.98%

ANZ.AX

-0.94%

APA.AX

0.38%

ARU.AX

1.49%

ARB.AX

-1.42%

ARF.AX

-0.3%

ARG.AX

-0.11%

ALL.AX

0.61%

AYA.AX

1.12%

APZ.AX

-2.67%

ASX.AX

0.39%

ALX.AX

0.42%

AUB.AX

-0.86%

AIA.AX

AZJ.AX

-1.18%

ABB.AX

ASB.AX

-3.8%

AAC.AX

AFG.AX

AFI.AX

-0.75%

AUI.AX

-0.93%

BOQ.AX

-1.25%

BMN.AX

-0.49%

BCI.AX

-1.32%

BPT.AX

1.31%

BGA.AX

-3.16%

BGL.AX

-0.32%

BEN.AX

-1.12%

BNZ.AX

1.51%

BHP.AX

-0.42%

BKI.AX

0.28%

BC8.AX

-2.22%

XYZ.AX

0.98%

BSL.AX

0.1%

BMC.AX

1.67%

BOE.AX

-4.59%

BXB.AX

BVS.AX

BRE.AX

-1.23%

BRG.AX

-3.19%

BGP.AX

BFL.AX

-0.24%

BWP.AX

-0.25%

CMM.AX

9.33%

CSC.AX

-3.36%

CAR.AX

0.47%

CIN.AX

-0.91%

CYL.AX

-6.67%

CAT.AX

-2.97%

CWP.AX

-1.41%

CNI.AX

-0.58%

CIP.AX

0.33%

COF.AX

-0.53%

CHN.AX

-3.07%

CGF.AX

1.26%

CIA.AX

-0.82%

CHI.AX

CHC.AX

0.6%

CLW.AX

0.86%

CQR.AX

-0.26%

CQE.AX

-0.39%

CNU.AX

-0.12%

C79.AX

-2.42%

CVL.AX

-0.63%

CU6.AX

-4.19%

CWY.AX

-1.35%

CBO.AX

-0.51%

COH.AX

-0.79%

CDA.AX

-9.38%

COL.AX

-0.27%

CKF.AX

-2.65%

CBA.AX

0.38%

CPU.AX

1.33%

CEN.AX

6.79%

CXO.AX

-1.59%

CCP.AX

1.32%

CMW.AX

CSL.AX

0.01%

CCL.AX

-0.21%

DBI.AX

-0.55%

DTL.AX

-1.72%

DTR.AX

-6.38%

DYL.AX

-1.91%

DRR.AX

DVP.AX

-1.85%

DXS.AX

-2.72%

DXI.AX

0.4%

DDR.AX

0.33%

DGT.AX

DJW.AX

-2.08%

DMP.AX

-1.68%

DOW.AX

0.79%

DPM.AX

-4.09%

DRO.AX

0.53%

DUR.AX

-2.55%

DNL.AX

-2.41%

APE.AX

-3.09%

EBO.AX

0.57%

EIQ.AX

0.53%

ELD.AX

-1.39%

EOS.AX

1.21%

ELV.AX

-3.31%

ELS.AX

-1.01%

EHL.AX

-2.29%

EMR.AX

-2.05%

EDV.AX

-0.61%

ERA.AX

EQR.AX

EQT.AX

-1.33%

EUR.AX

4.65%

EVN.AX

-0.99%

EVT.AX

-1.09%

FCL.AX

0.69%

FFM.AX

-3.6%

FPH.AX

0.17%

FPR.AX

-0.84%

FBU.AX

-1.26%

FLT.AX

4.23%

FML.AX

-1.75%

FRS.AX

-1.96%

FMG.AX

0.45%

FRW.AX

FGX.AX

-0.38%

FGG.AX

-0.3%

GLN.AX

GLF.AX

-1.49%

GDG.AX

-3.2%

GNE.AX

-0.99%

GMD.AX

0.69%

GNP.AX

-1.87%

GMG.AX

-0.57%

GPT.AX

1.26%

GQG.AX

-2.08%

GNG.AX

-0.22%

GNC.AX

0.16%

GGP.AX

-0.73%

GOZ.AX

0.46%

GCI.AX

GYG.AX

-6.34%

GWA.AX

0.97%

HSN.AX

-3.03%

HVN.AX

-0.45%

HGH.AX

-0.53%

HM1.AX

-2.8%

HLI.AX

-3.93%

HMC.AX

0.4%

HDN.AX

0.79%

HUB.AX

-2.36%

IEL.AX

-7.05%

IGO.AX

-0.79%

ILU.AX

-2.42%

IMD.AX

IMR.AX

-2.34%

IFT.AX

-0.1%

INA.AX

0.25%

ING.AX

-1.15%

IAG.AX

0.79%

IDX.AX

-1.76%

IPG.AX

-1.37%

IPX.AX

-0.43%

IPH.AX

1.36%

IRE.AX

-1.04%

JHX.AX

-2.58%

JBH.AX

-0.93%

JDO.AX

-1.4%

JMS.AX

KAR.AX

1.92%

KLS.AX

-1.55%

KCN.AX

-0.33%

KKC.AX

-0.48%

GLS.AX

-5.33%

LGF.AX

L1G.AX

-2.97%

LSF.AX

0.96%

LRV.AX

0.4%

LFS.AX

LLC.AX

-0.92%

LFG.AX

-1.5%

360.AX

-0.71%

LIC.AX

-0.84%

LNW.AX

-0.91%

LIN.AX

-3.87%

LTR.AX

-1.24%

LOV.AX

-2.03%

LYL.AX

-0.77%

LYC.AX

-1.75%

MA1.AX

-0.76%

MAF.AX

-0.58%

MGH.AX

MAH.AX

0.67%

MQG.AX

-0.37%

MAQ.AX

0.63%

MAD.AX

-3.57%

MFG.AX

-6.87%

MAU.AX

0.26%

MMS.AX

3.93%

MPL.AX

-1.69%

MP1.AX

-0.44%

MCY.AX

2.95%

MEZ.AX

0.21%

MSB.AX

-0.91%

MLX.AX

-1.41%

MTS.AX

2.64%

MEI.AX

MOT.AX

-0.57%

MXT.AX

-0.77%

MFF.AX

0.64%

MIN.AX

-0.48%

MI6.AX

3.23%

MIR.AX

-0.39%

MGR.AX

2.63%

MND.AX

-0.2%

MYS.AX

-1.3%

NAN.AX

-2.11%

NAB.AX

-0.64%

NGI.AX

6.42%

NWL.AX

-2.24%

NEU.AX

-1.19%

NHC.AX

NMG.AX

-4.08%

NEM.AX

0.92%

NWS.AX

-0.97%

NXG.AX

0.12%

NXT.AX

-0.64%

NHF.AX

-1.03%

NCK.AX

-0.41%

NIC.AX

-2.36%

NEC.AX

-1.6%

NST.AX

-1.33%

NWH.AX

-1.23%

NUF.AX

-0.41%

NXL.AX

1.67%

OCL.AX

2.37%

OML.AX

2.04%

OPH.AX

1.16%

OBM.AX

-2.68%

ORI.AX

-1.76%

ORG.AX

0.93%

ORA.AX

-1.45%

PDN.AX

-1.7%

PNR.AX

-1.56%

PPC.AX

-2.36%

PPM.AX

-3.19%

PRN.AX

-1.32%

PPT.AX

0.36%

PCI.AX

0.46%

PRU.AX

-1.29%

PXA.AX

0.71%

PNI.AX

4.99%

PL8.AX

-1.43%

PLS.AX

-0.17%

PGF.AX

-0.34%

PNV.AX

-0.5%

PDI.AX

-1.68%

PMV.AX

-1.4%

PME.AX

-1.72%

PFP.AX

-2.13%

PWH.AX

-3.67%

PYC.AX

-2.9%

QAN.AX

-0.83%

QBE.AX

-0.49%

QAL.AX

5.46%

QRI.AX

0.32%

QUB.AX

-0.2%

RMS.AX

-1.18%

RHC.AX

-2.45%

REA.AX

0.37%

RDX.AX

-2.74%

REH.AX

-1.83%

RF1.AX

RPL.AX

2.54%

RG1.AX

-2.18%

RGN.AX

0.43%

REG.AX

-5.69%

RRL.AX

-5.86%

RWC.AX

-2.15%

RMD.AX

2.11%

RSG.AX

2.1%

SGLLV.AX

0.87%

RIC.AX

-1.1%

RIO.AX

-0.11%

RXL.AX

-2.41%

RFF.AX

-0.49%

RYM.AX

1.39%

SFR.AX

-0.96%

SMI.AX

0.85%

STO.AX

SCG.AX

1.34%

SEK.AX

0.22%

SHV.AX

0.53%

SRV.AX

-1.87%

SSM.AX

0.5%

SGH.AX

0.78%

SIG.AX

3.18%

SLX.AX

1.23%

SGM.AX

-3.98%

SDR.AX

-2.62%

SKS.AX

6.2%

SKC.AX

-0.95%

SIQ.AX

6.6%

SHL.AX

-3.46%

S32.AX

-0.73%

SX2.AX

-2.59%

SXE.AX

-3.83%

SPK.AX

1.47%

SRG.AX

-1.66%

SBM.AX

-1.63%

SMR.AX

0.87%

SDF.AX

0.72%

SGP.AX

3.73%

SNZ.AX

-0.76%

SUN.AX

0.71%

SRL.AX

1.69%

SUL.AX

-0.51%

SLC.AX

-0.29%

SNL.AX

-0.75%

SYL.AX

-2.09%

TAH.AX

-2.58%

TEA.AX

1.28%

TNE.AX

0.43%

TLX.AX

-1.09%

TLS.AX

1.12%

TPW.AX

-2.01%

A2M.AX

2.29%

TLC.AX

2.01%

SGR.AX

TVN.AX

3.23%

TWR.AX

0.6%

TPG.AX

-0.24%

TCL.AX

0.92%

TWE.AX

-0.94%

TUA.AX

-0.17%

TCG.AX

-4.35%

UNI.AX

-2.07%

VAU.AX

3.11%

VNT.AX

5.75%

VCX.AX

1.19%

VGN.AX

0.44%

VEA.AX

1.24%

VUL.AX

-3.43%

VSL.AX

2.95%

WA1.AX

0.2%

WGN.AX

1.74%

WAM.AX

0.29%

WGB.AX

0.46%

WLE.AX

SOL.AX

-0.4%

WPR.AX

0.4%

WQG.AX

-0.27%

WEB.AX

WBT.AX

-3.83%

WES.AX

-0.61%

WAF.AX

-1.34%

WGX.AX

-1.28%

WBC.AX

-2.26%

WHF.AX

-1.02%

WHC.AX

0.12%

WIA.AX

-2.22%

WC8.AX

-0.81%

WTN.AX

WTC.AX

5.22%

WDS.AX

1.87%

WOW.AX

0.83%

WOR.AX

-0.91%

XRO.AX

3.92%

YAL.AX

-1.61%

ZIM.AX

-2.71%

ZIP.AX

-1.63%

POPULAR ETFs	Close($)	+/-	%
A200 ASX 200	145.05	-0.25	-0.17
SSO ASX Small Caps	15.77	-0.13	-0.82
IVV S&P 500	67.22	0.36	0.54
NDQ Nasdaq	57.19	0.39	0.69
F100 FTSE 100	14.69	-0.12	-0.81
ASIA Asia Tech	18.68	0.1	0.54
IEU Europe	97.63	-1.04	-1.05
IEM Emerging Markets	90.87	0.01	0.01
Gold Gold	58.21	-0.14	-0.24
ACDC Battery Tech	174.22	-0.58	-0.33

COMMODITIES	Close($)	-/+	%
Gold	4,547.66	27.2601	0.6
Silver	73.52	0.8082	1.11
Platinum	1,977.25	32.3325	1.66
Palladium	1,505.45	25.5745	1.73
Ice Brent Crude	114.06	5.89	5.45
CURRENCIES	Close($)	-/+	%
Australian Dollar	0.7169	0.0002	0.03
Euro	1.1694	0.0004	0.03
British Pound	1.3549	0.0018	0.13
Canadian Dollar	1.3603	-0.0021	-0.15
New Zealand Dollar	0.5885	0.0013	0.22
Chinese Yuan	6.8300	0.0027	0.04
Japanese Yen	157.5600	0.34	0.22

What We're Watching

ASX Resource stocks we own

Code	Company	Price($)	Today	1 Year Return	52 Week Range($)
A1M	Aic Mines Ltd	0.55	-6.78%	61.64%	0.30 0.75
BGL	Bellevue Gold Ltd	1.55	-0.32%	0.00%	0.78 2.00
BHP	Bhp Group Ltd	54.72	-0.42%	44.30%	35.52 59.39
FMG	Fortescue Ltd	20.02	0.45%	21.90%	14.31 23.38
NHC	New Hope Corporation Ltd	5.51	0%	46.93%	3.59 6.14
WHC	Whitehaven Coal Ltd	8.51	0.12%	68.32%	5.03 9.90
NEM	Newmont Cdi	152.59	0.92%	0.00%	74.25 190.91
NXG	Nexgen Ene Cdi	17.24	0.12%	0.00%	8.24 20.47
SFR	Sandfire Resources Ltd	16.59	-0.96%	64.70%	10.09 21.75

10 Top Gainers | <$500m

Code	Company	Last($)	% Chg
CMM	Capricorn Metals	13.01	9.33
CEN	Contact Energy	8.49	6.79
SIQ	Smartgroup Corpo	9.85	6.6
NGI	Navigator Global	2.63	6.42
SKS	Sks Technologies	7.36	6.2
VNT	Ventia Services	5.89	5.75
QAL	Qualitas	2.51	5.46
WTC	Wisetech Global	45.75	5.22
PNI	Pinnacle Investm	16.21	4.99
EUR	European Lithium	0.45	4.65

10 Biggest Fallers | <$500m

Code	Company	Last($)	% Chg
CDA	Codan	39.80	-9.38
IEL	Idp Education	2.90	-7.05
A4N	Alpha Hpa	0.61	-6.92
MFG	Magellan Financi	9.63	-6.87
CYL	Catalyst Metals	5.04	-6.67
DTR	Dateline Resourc	0.22	-6.38
GYG	Guzman Y Gomez	18.02	-6.34
RRL	Regis Resources	6.75	-5.86
REG	Regis Healthcare	6.30	-5.69
GLS	L1 Global Long	1.87	-5.33

OPINION

Latest Market Matters Opinions

05/05/2026 17:04

Broker Moves

• Sonic Healthcare Cut to Underweight at Morgan Stanley • NAB Raised to Neutral at Evans & Partners Pty Ltd; PT A$38 • PEXA Group Cut to Underweight at Jarden Securities; PT A$11.35 • Ventia Services Raised to Overweight at Barrenjoey; PT A$6.10 • Endeavour Group Cut to Underweight at JPMorgan; PT A$3.10 • Accent Group Cut to Neutral at Citi; PT 57 Australian cents • SmartGroup Raised to Buy at Canaccord; PT A$10.10 • Coles Group Cut to Hold at Bell Potter; PT A$22.80

05/05/2026 17:04

Westpac (ASX:WBC) $37.61

WBC -2.26%: fell after delivering a missed 1H26 result after net income missed consensus and the dividend came in slightly below expectations. Operationally, there were positives — revenue grew, costs were broadly contained, headcount fell, and capital remains strong — but the market is now looking harder at the sustainability of bank earnings as rates rise, energy costs bite, and credit risk starts to move higher.

ACTION

image description

Only available to Members

Take a free 14 day Market Matters trial – full access to all our reports, portfolios, positions, buy and sell recommendations. Access the latest views on the latest developments from professional money managers. It’s free and no payment details are required

For membership options and pricing.

Click here

Members only

UNLOCK MARKET MATTERS NOW

Take a free trial.

No payment details required.

Market Matters Content

What Matters Today: A Fresh Takeover Wave Hits the ASX — Who’s Next?

Morning report 05/05/2026

Afternoon Report

The Match Out: RBA hikes again but the ASX takes it on the chin

Afternoon report 05/05/2026

Ask James ASK A QUESTION

Ask James

Question asked 02/05/2026

BHP Group Ltd (ASX:BHP)

Hi Gents, forgive me if you have already answered this through the week, but could we hear your views on any material implications of this article's outcome. https://www.mining.com/web/bhp-adopts-new-chinese-iron-ore-price-index-in-deal-to-end-dispute/

Ask James

Question asked 02/05/2026

Maas Group (ASX:MGH)

Hi guys Tapping ya brain cells . Can you enlighten me about MAAS GRP. AFR, last wkend , Morgan's says Proxy for Firmus Group???? Cheers Paul M PS Keep the reports Rockn & Rolling

Featured podcasts Subscribe to podcasts

Weekly video update Subscribe to videos

Pulse Check Webinar: Iran, Oil & Markets - Are investors misjudging the risks? 18/03/2026

MM Market Matters Portfolios

GO TO ALL PORFOLIOS

13.33 Active Growth Portfolio

10.59% Shawn’s Trade Ideas

16.36% Active Income Portfolio

35.04% International Equities Portfolio

16.77% Emerging Companies Portfolio

8.82% Core ETF Portfolio

13.33 Active Growth Portfolio 10.59% Shawn’s Trade Ideas 16.36% Active Income Portfolio 35.04% International Equities Portfolio 16.77% Emerging Companies Portfolio 8.82% Core ETF Portfolio

At Market Matters our portfolios give members the chance to see a detailed breakdown of our market activity.

Choose to follow any portfolio, in-part or in-full, discover a portfolio that suits your interests and risk level, and see our latest sales, as well as our holdings.

*Portfolio returns 1 year to 31st March 2026

Latest View Points

WBC

OML

TYR

RDY

BAP

ALX

C79

EDV

NAB

SEMI

ANZ

RMD

Chart of the week

Afraid of AI – Source Stanford AI Centre

Aus. Investment blog Subscribe to blog

Why is South32 (ASX:S32) down ~7%?

South32 shares are down ~7% after flagging another cost blowout at its flagship zinc-lead-silver project in Arizona, citing tariffs, inflation, rising input costs and contractor underperformance.

ASX:S32 29/04/2026

Why is Codan (ASX:CDA) surging Higher?

Codan (ASX:CDA) is surging ~15% after the Australian electronics maker flagged net income of $170mn, around 11% ahead of estimates.

ASX:CDA 29/04/2026

Morning Report

What Matters Today: A Fresh Takeover Wave Hits the ASX — Who’s Next?

Morning report 05/05/2026

Afternoon Report

The Match Out: RBA hikes again but the ASX takes it on the chin

Afternoon report 05/05/2026

Ask James ASK A QUESTION

Ask James

Question asked 02/05/2026

BHP Group Ltd (ASX:BHP)

Ask James

Question asked 02/05/2026

Maas Group (ASX:MGH)

Hi guys Tapping ya brain cells . Can you enlighten me about MAAS GRP. AFR, last wkend , Morgan's says Proxy for Firmus Group???? Cheers Paul M PS Keep the reports Rockn & Rolling

Latest View Points

WBC

OML

TYR

RDY

BAP

ALX

C79

EDV

NAB

SEMI

ANZ

RMD

Chart of the week

Afraid of AI – Source Stanford AI Centre

Aus. Investment blog Subscribe to blog

Why is South32 (ASX:S32) down ~7%?

South32 shares are down ~7% after flagging another cost blowout at its flagship zinc-lead-silver project in Arizona, citing tariffs, inflation, rising input costs and contractor underperformance.

ASX:S32 29/04/2026

Why is Codan (ASX:CDA) surging Higher?

Codan (ASX:CDA) is surging ~15% after the Australian electronics maker flagged net income of $170mn, around 11% ahead of estimates.

ASX:CDA 29/04/2026

Opinion + Action