Join our daily newsletter At The Bell to receive exclusive market insights
The ASX200 is set to open slightly higher (up 0.06%) today, following a US rally buoyed by hopes that the trade tensions sparked by Donald Trump’s tariff policy could be resolved.
Listen to the HotCopper podcast for in-depth discussions and insights on all the
biggest headlines from throughout the week. On Spotify, Apple, and more
Overnight, Wall Street reported an optimistic performance among stocks, which shot up after the US President announced a trade deal framework with the United Kingdom, this being the first major agreement since Trump’s imposition of tariffs on a suite of countries earlier this year. The S&P 500 shifted up 0.6%, the Nasdaq rose 1.1% and the Dow increased 255 points. Trump described the UK deal as a breakthrough which would support American exports, though a 10% tariff remains in place.
On the ASX, Macquarie Group (ASX:MQG) reported a net profit of A$3.715 billion for the year ended 31 March (FY25), this being a 5% increase from fiscal year 2024. Net profit for the second half of the fiscal year 2025 was also higher – by 30% – compared to the first half, coming in at A$2.103 billion.
REA Group Ltd (ASX:REA) told investors its revenue had risen 18% to $1.25B in the 9 months to 31 March, compared with the prior comparable period. Operating EBITDA (earnings before interest, taxes, depreciation and amortization) excluding associates was $734 million: an increase of 19% compared to the prior comparable period.
And Avita Medical Inc (ASX:AVH) said its commercial revenue in the first quarter of 2025 was $18.5 million – a rise of around 67% since the same time last year.
To commodities – all in US $ here: Iron ore is $96.80 on the Singapore Exchange, gold’s trading at $3307, Brent crude is $63.30 & natural gas is $3.62 a gigajoule.
One Aussie dollar is buying 64.0 US cents.
Join the discussion: See what’s trending right now on Australia’s largest stock forum and be part of the conversations that move the markets.
