Market Updates
A twice daily podcast from the team at Marcus Today, the stock market newsletter for investors, bringing you up to speed with the latest stock market, financial, and business news. Published just before market open and after market close (AEST), Monday to Friday.
Market Updates
End of Day Report – Wednesday 10 July: Big Bank Basket flat, Big Resource Basket tumbled 1.1%.
The ASX 200 has finished the day down 13 points (-0.16%) to 7817 in mixed trade which saw a recovery from opening lows. Telecom was the best performer for a second day in a row thanks to TLS rising another 2.4% on positive broker commentary. Industrials rose as a drop in bond yields took TCL 1.1% higher. JHX lost 2% after a broker pushed out the US renovation market recovery till FY26. AZJ gained 0.6% after Morgans forecasted EPS growth of 16% this financial year. Defensives, Financials and Health Care held ground. Three of the big four banks well off morning lows. CBA and NAB down 0.1%, WBC down 0.6%. ANZ up 1.4%. Bell Financial had positive results rising 3.3%. There aren't many listed stock brokers. COH up 1.7%, PME down 0.3%.
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